Upscale Your Retail Business

with Priority Retail’s Unified Commerce Management System

What Is a Retail Management System (RMS)?

Also known as a Retail Management Suite, a Retail Management System contains all of the same capabilities and functions as a Point of Sale (POS) but with the added benefit of a built-in Enterprise Resource Planning (ERP) system. This ERP manages all of the additional assets of the retail business, such as inventory, sales, accounting, and many other back end functions. While MOST POS offer similar features and functions, an ERP is ideal for large-scale retailers at an enterprise level. 

Why Priority Retail RMS?

For enterprise level retailers in today’s competitive retail industry, having a robust RMS system that streamlines operations, enhances customer experiences, and drives business growth is absolutely crucial! Priority Retail is THE solution that can do just that!

iNVENTORY MANAGEMENT

-10%

Decrease in out-of-stock incidents that companies using an RMS have experienced, resulting in a 3% increase in revenue & 2.5% increase in customer satsifaction

A proper and effective inventory management strategy is imperative to the success of your retail business. An RMS like Priority Retail optimizes inventory levels, reduces stock-outs, and minimizes overstock situations. 

ENHANCED CX

+86%

of customers admit they will pay more for a better customer experience according to the 2020 customer progress report by walker

Priority Retail is a comprehensive solution designed to streamline transactions and boost the customer experience with features such as promotions and loyalty, as well as customer segmentation and engagement oversight for target marketing strategies.

TRULY OMNICHANNEL

+89%

of customers expect retailers to provide a consistent and seamless experience across all selling platforms, both online and in physical stores

Priority Retail is a true omnichannel offering, with a seamless consolidation of online and in-store retail operations. An RMS integrates sales channels for seamless customer experiences, as well as synchronizing inventory, pricing and promotions across all online, offline, and even mobile platforms.

PERFORMANCE TRACKING

+66%

of retailers stated that improved sales and margin performance were amongst the top benefits of using a Retail Management System (RMS)

The robust sales performance tracking tools in an RMS like Priority Retail assists retailers in analyzing data, identifying trends, and optimizing their marketing and customer experience strategies to ultimately boost growth!

Check out the Priority Website for More Information

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