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i3POS Blog

A margin is the percentage of a selling price that is profit for the business or organization. Most businesses have commonly used margins for some or all their items. Margins can help you define pricing for your items, but did you know that Counterpoint can make suggestions using margins?
For many businesses items are often sold in groups, whether that is a gift basket you put together for a holiday, a service that you provide that ends up using your inventory items, an item that requires a deposit be charged, or just items that are commonly sold together.
Three top hospitality industry experts, including guest presenter Christi Christian from Synergy Restaurants Consultants, discuss these topics: How to Market Your Restaurant Post COVID-19, Contactless Payments, and the i3POS Product Academy.
To keep your business as healthy as it can be, it is a good idea to keep an idea on your least profitable items. Here are steps you can use to run a report on your least profitable items.
Four industry experts present on the following topics: hospitality updates, how to turn your system back on, cleaning your Terminals & Verifones, i3POS Academy, Mobile Pay and Payment Solutions: Luxe 6200m & Luxe 8500i.
In an effort to better communicate the status of your support tickets, i3 Verticals Point of Sale will be rolling out an automated email system to better serve you!
By now, most retailers have shifted to using EMV, or chip-based credit card processing. The main reason for implementing the change was to limit fraudulent charges. The information stored on the chip is harder to duplicate than the magnetic stripe on the back of a credit card.
The Merge Items utility allows you to consolidate multiple item records that may have been inadvertently created for an item into a single record.
Occasionally it might be necessary to change an item to an Inventory or Non-Inventory type item.

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