Lol you think they cost $5000. My current store had them upgraded at the beginning of the year, with existing infrastructure already in place it took a team of 8 contractors 4x8 hour days. Assuming standard “professional” pricing of $100/hr for labor that’s 8x4x8x100=$25,600 in labor.
I have no idea how much the hardware costs but most stores aren’t using the Chinese knockoffs you see on Alibaba for $5,000. The real ones most people use that can take cash are substantially more complicated and require software support to tie into the store’s inventory system. Our regional IT guy was at my store 10 hours a day for a week after just to get things working.
If they cost 100k, its still a net cost savings, as well as a major drop in liability potential with employees. They are, from a financial perspective, the obvious right move.
I agree, thats still not why they’re so popular though. You wanna know where they make money? The cashier doesn’t actually want to bug you about that extended warranty or the current charity or the cost of a bag in some states. The machine has no feelings. It just does what it’s supposed to do that day.
Lol you think they cost $5000. My current store had them upgraded at the beginning of the year, with existing infrastructure already in place it took a team of 8 contractors 4x8 hour days. Assuming standard “professional” pricing of $100/hr for labor that’s 8x4x8x100=$25,600 in labor.
I have no idea how much the hardware costs but most stores aren’t using the Chinese knockoffs you see on Alibaba for $5,000. The real ones most people use that can take cash are substantially more complicated and require software support to tie into the store’s inventory system. Our regional IT guy was at my store 10 hours a day for a week after just to get things working.
If they cost 100k, its still a net cost savings, as well as a major drop in liability potential with employees. They are, from a financial perspective, the obvious right move.
I agree, thats still not why they’re so popular though. You wanna know where they make money? The cashier doesn’t actually want to bug you about that extended warranty or the current charity or the cost of a bag in some states. The machine has no feelings. It just does what it’s supposed to do that day.