Cloud Retailer and the One Billion Dollar Mark

 

Cloud Retailer Surpasses $1 Billion in Transactions, Strengthening Small Retailers and Local Communities

Press Release • Sep 17, 2024 09:00 EDT

In the last 12 months Cloud Retailer - a software system (POS, etc) for liquor stores has transacted more than a billion dollars in beer wine liquor sales for small and medium liquor stores across the country.

SARTELL, Minn., September 17, 2024 (Newswire.com) - Cloud Retailer, the leading Liquor Store Software in the U.S., is thrilled to announce a significant milestone: over $1 billion in beer, wine, and liquor transactions processed through its platform in the past 12 months. This marks a major success for Cloud Retailer and the small retailers who rely on its innovative solutions to enhance their operations and profitability.

This accomplishment is more than just a financial milestone; it represents a significant impact on local economies across the country. With over $1 billion in transactions, Cloud Retailer has helped keep an additional $147 million within local communities. This retention of revenue is crucial, as studies show that for every $100 spent locally, at least $68 remains in the local economy—substantially more than what is retained when money is spent at big box retailers.

Cloud Retailer helps address the unique challenges faced by small liquor retailers, offering a solution that streamlines operations, reduces costs, and increases profitability. In a market where profit margins can be razor-thin, Cloud Retailer empowers store owners to thrive by offering advanced features like Dual Pricing, which mitigates credit card fees, loyalty programs to boost customer engagement, and AI-driven inventory management to optimize stock levels.

"Surpassing $1 billion in transactions is a testament to the power of our technology and the dedication of the small retailers we serve," said Rick Feuling, CEO of Cloud Retailer. "Our mission has always been to empower these entrepreneurs with the tools they need to succeed, and now we have proof that we're making a real difference.”

Cloud Retailer’s system is more than just a point-of-sale solution—it’s a comprehensive profit system that redefines how liquor stores operate. By reducing payment fees, cutting labor costs, and minimizing inventory shrinkage, Cloud Retailer ensures that small retailers can compete effectively in a highly competitive market.

The impact of this achievement extends beyond the individual businesses using the platform. The additional $147 million retained in local communities highlights the vital role that small retailers play in sustaining local economies. By choosing Cloud Retailer, these businesses improve their own bottom lines while contributing to the economic well-being of their communities.

Source: Cloud Retailer

About Cloud Retailer

Cloud Retailer® Liquor Store Profit System provides next generation tools for point-of-sale, inventory control, security safeguards, and more tailored to help your beer, wine or liquor store increase sales and increase profit.

cloudretailer.com

Cloud Retailer
1001 2ND STREET S , #STE 100
Sartell, mn
56377

Fall Promotion: Association dues paid for you

 As many of you know, I travel all across the United States to spend time with liquor stores. This also includes attending multiple state liquor store conferences and trade shows each year.

Being part of a liquor store association is critical to your success as a liquor store owner. There are so many legislative challenges each year that can make or break liquor stores. Being part of an association means that you are helping support the effort to pass or veto these various laws and statutes.

Being part of an association allows you to take advantage of special discounts and promotions that are only offered to association members.

Being part of an association means that you can attend regular conferences and trade shows to interact in person with other liquor store owners as well as the associations leadership.

Being part of an association includes information on required training for you and the team at your liquor store.

I feel so strongly about being part of state and national liquor store associations that I am willing for pay for up to one year of membership dues so you can see for yourself how important it is be an active member of these associations.

Here are the details to get up to one free year of membership in a state or national liquor store association:

1. You must have a liquor store in the following states: Texas (TPSA), Colorado (CILSU), Oklahoma (RLAO) or Arkansas (UBRA).
2. You must be the owner of the liquor store.
3. The liquor store must be independently owned (no corporate chains - family owned chains are OK).
4. You must also sign on to use the Cloud Retailer Liquor Store POS Profit System in your store and agree to use Proof Payments for merchant services.

Does all of this sound interesting to you? Please contact me at kevinantosh@gmail.com or 208-340-5632 for more information.

Electronic Shelg Tags: Are they worth it?

 It has been a good 4 or 5 years since I last looked at digital or electronic shelf tags as a replacement for paper shelf tags.

I met last week with a electronic shelf tag vendor and was pretty impressed.

Not only has the cost come way down, but the capabilities of the latest generation of electronic shelf tags goes way beyond just showing the price.

Some cool things that I learned:

• battery life is 8 to 10 years
• they have a secure mounting to prevent theft or swapping of devices
• they come in a huge variety of sizes and mounting options for just about any retail stores needs
• you can sell ad space to suppliers
• you can even promote products and services like a loyalty program on the device
• you can get devices with blinking lights to help customers or even delivery drivers find the correct product
• integration to POS systems makes updating the devices a breeze

All in all, the ROI on the up front cost against labour savings, theft prevention, mislabeling of products, and advertising is around 6 to 12 months.

The ongoing monthly subscription is based on the number of devices so smaller retailers can benefit without paying as much as a larger retailer.

 I'm liking what I learned!

Contact me if you have real world feedback or interest in electronic shelf tags for your store: kevinantosh@gmail.com or 208-340-5632

 

 

Liquor Store POS Pro Tip:

 This really applies to any business that uses, or is search for a point of sale system. 24/7 support and a free online help desk with self help articles and videos is a mandatory vendor requirement.