Even though the sportswear industry in Hong Kong has its difficulties, effective solutions like Mulitable’s aiM18 POS system afford retailers promising opportunities to remain competitive and grow in this fluctuating market.

What Problems Does the Sportswear Sector Need to Tackle in Hong Kong?

The sportswear sector in Hong Kong has challenges related to management of inventory, predicting the upcoming fashions, and the presence of rivals that aren’t tracked by any other industries. Likewise, as with many businesses, sportswear retailers deal with supply chain challenges and a recent change in consumer preferences both of which affect the local and global markets.

Similarly, traditional retail stores are facing severe stress from the ascendancy of e-commerce channels thus making the real-time data paramount. In fact, retailers ought to operate on the digital route paths; this would ensure that customers not only walk in their stores but they also have an experience like the one they have on the internet with like easy payment options.

Why Indeed POS System is the Key Tool for Overcoming These Issues?

The POS system’s soles of shoes fit correctly for each leg only. One big shoe covers the other’s foot. Retailers are now able to synchronize data across various channels which leads to efficient inventory management. In this way, negating overstocking and inadequate stock of goods is possible. Along with it, a point-of-sale system that functions appropriately provides clear and ample access to data analysis, which is the main step in trend prediction and in addressing customer preference tipping promptly.

With its comprehensive nature, a POS system simplifies the process; takes the muddle out of the equation concerning e-commerce and physical retail joining hands. As common data is brought up, communication across both channels is enhanced which in turn helps in tracking consumer behavior thus added to the customer experience on both… more choice and less hassle for the customer in turn promotes better retention and garden variety growth.

Steps for Successful POS Use

It goes without saying that a POS is successful by strategic planning. First, find out your unique firm needs. Integrate the system with the processes already in place in order to make integration seamless. Train your staff properly to ensure maximum productivity. Always keep an eye on the performance of the POS so that it can adapt to the business as it develops.

How Might Multiable’s aiM18 POS System Solve These Problems?

• Retail Management: Effectively oversee and control stock nationwide which will, in turn, reduce discrepancies and errors.

• Real-time Integration: Fast-track sales data merging across both online and physical stores for perfect strategy enhancement.

• Membership Management: Develop customer loyalty through promotions and discounts that are tailored for them.

• Automatic LSP Selection: Create a straight logistics process, so that goods are delivered on time as per customers’ expectations and requirements.

• Encrypted Membership Database: Make sure consumers their data is secured without any leakage thus gaining trust and upholding privacy standards.

How Does Mulitable’s aiM18 Facilitate Retailers’ Retail Ecosystems?

aiM18 POS is built to complement Raspberry and eBay. It also offers the integration of various payment avenues such as WeChat Pay, Alipay, FPS, Octopus for better customer experience. Companies used this strategy to play palmola in the Hong Kong market.

What is Multiable POS ?

Multiable POS is a cloud-native POS targeting retail groups with sizable chain stores in Singapore, Malaysia, Hong Kong and China. With over 6,000 customers in the region, Multiable POS gains positive feedbacks from public companies and multinationals across different sectiros, from cosmetics, furniture, fashion, healthcare, pharmaceutics, sportswear and toys etc. The renowned no-code approach saves customer a big sum of customization costs and countless hours of implementation man-days.

What is LAIDFU (Let AI Do for You)?

LAIDFU is an AI tool for enterprise to build their own AI agents to perform various business AI tasks.

Proprietary EKP (Enterprise Knowledge Partitioning) technology eases CEO’s concern about trade secret leakage which often occurs in most AI agents / chatbots in the market.

EKP removes the hurdle of business AI adoption by most companies in using sensitive corporate data.

Powered by no-code approach, deployment of LAIDFU incurs far less developers (and development costs) in comparison with other AI tools.

LAIDFU empowers business, with or without an ERP system in place.