This was a presentation given by Ethel Cofie , the Director of Edel Consulting on the future of Mobile being hardware inserts and touches on one their flagship product ..Retail on the GO!!
12/05/2022 1 Edel Consulting • Understands that the bottom line of business to be more efficient , effective and increase profit, • We have positioned ourselves as an organization that is an enabler and catalyst for businesses to achieve their goals. • We have a strong team of consultants who provide services in Software development, Software Project Management, Business Analysis and Strategy Consulting to the highest industry standards. www.edelitconsult.co m
Transcript
07/04/2023 1
Edel Consulting
• Understands that the bottom line of business to be more efficient , effective and increase profit,
• We have positioned ourselves as an organization that is an enabler and catalyst for businesses to achieve their goals.
• We have a strong team of consultants who provide services in Software development, Software Project Management, Business Analysis and Strategy Consulting to the highest industry standards.
www.edelitconsult.com
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Speaker: Ethel Cofie
BarCamp Africa UK FounderBoard Advisor : Chillax and Egotickets
Lean Startup Mentor
Business Strategy Consultant
Edel IT Consulting
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DIMPLE is a new set of NFC-enabled stickers that lets you add physical controls to any Android device. Each of the buttons can be programmed to perform a specific function, which gives you a one-touch way to perform your favorite actions.
LEAF accept cash, credit cards, debit cards, and a variety of alternative mobile payments with any payment processor. Retail POS
HARDWARE INSERTS THE NEXT FRONTIER FOR MOBILE IN AFRICA
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Synopsis
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Application in Retail for Africa…Retail on the Go!
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The Need
Institutional MerchantsConsumers
High cost of cash-everyone bears the
high costs associated with
volume cash handling.High
risk of
using cashInformal
Economy: High cash usage results in a lot of money outside the
formal economyInefficiency &
Corruption: High cash usage enables
corruption, leakages and
money laundering
Nigeria Cashless Lagos Project
Easy Access to Payment
Options
High risk of using cash
Informal Economy: High
cash usage results in a lot of money
outside the formal economyInefficiency &
Corruption: High cash usage enables corruption, leakages
and money laundering
Expensive
Existing POS
optionsHigh
risk of using cash
Mobile Money
might not have taken
offInefficiency & Corruption: High
cash usage enables corruption, leakages
and money laundering
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What IfWhat with you tablet or
phone you could access you inventory anywhere
What if you could set up shop anywhere
What if you could go to a trade show and have everything you need to set, take payment and show your inventory
What if you POS connects to any payment provider you
use
What if in real-time you could see all the sales going on in all your shops across the country
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Retail on the GO- Modular Product
Hardware Plug in
Customer Relationship Management
Inventory Take Your Shop with you
Accept Payments
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The Concept- Retail on the GOHardware
Plug in
External card reader (Mag strip (attached to a smart phone via its headphone jack, Micro USB or through Bluetooth interface), turns you phone/Tab into a Point of Sale terminal
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The Concept- Retail on the GOHardware Plug in
External card reader (Mag strip (attached to a smart phone via its headphone jack, Micro USB or through Bluetooth interface), turns you phone/Tab into a Point of Sale terminal
Tablet Smartphone
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It offers quick inventory setup, searching, and browsing, and features alerts for when stock runs low. Units can be stored in the system by weight, length, and other customized measurements
Inventory Management
Customer Relationship
Manager
Managing interactions with current and future customers using technology to organize, automate and synchronize sales, marketing, customer service, your customer relations STRONGER!
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The Concept- Retail on the GOReport
• Dashboard :Real-Time Information• See information as it
happens with real-time sales performance dashboards. Share dashboards with team members to align goals.
• The DOA Report: The DOA (or Dead on Arrival) CRM Report lets users know which products are the most error-prone or receive the most complaint calls from customers.
• Most Profitable Service Offering: The Most Profitable Service Offering CRM Report is valuable because oftentimes businesse
• Sales Reports
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The Concept- Retail on the GOAdvantage• Lower investment
costs, as only an additional piece of hardware is required (and it is subsidized)
• Less cash management, as such a solution allows the merchants to accept card payments
• Ability to offer more payment options to their customers who don’t always have the cash with them
• Offer other value added services such as a simple display of the most recent transactions.
• Better user interfaces for both the merchant and consumer
