Setting Up Vend For Retail Success - Yes Supply TM

Setting up Vend for retail success Guide to setting up your Vend store, products, customer management and more. Congratulations! You’ve just gotten started with opening up your first Vend store! In this guide, we’ll take you through the things you need to know to get your store set-up in the easiest way possible. Along the way, we’ll share the things you need to know and ensure you have the best set-up with the information you need to run your business better. Helping you set-up right from the start is going to allow you to get the most accurate reporting, speed up important stock management tasks like inventory counts, and automate tasks that will help guide you along the way to retail success. So let’s get started!

Vend U / Setting Up Vend for Retail Success Setup Let’s cover the setup of your Vend store and ensure that you have added in all of the necessary settings. On the setup page of Vend ensure you have selected: Set up your Sales Taxes Default currency. Go to Setup and select Sales Taxes. Time zone - track the time of your sales and register closures. Create your individual sales taxes first. Display Prices - tax inclusive or tax exclusive. If you do have group tax then select “combine taxes into a group” from here you can name SKU - can be setup by letter or a number. User switching security. all of your taxes. If you choose to turn on Loyalty Go to Setup and then Loyalty. Setting Up Outlets and Registers Set up one outlet for every store location. Set up one outlet for every individual device you will be processing sales through. Setup Tick ‘Enable Loyalty’ if you choose to use it. Decide how much you want loyalty to be when purchasing products. 2

Vend U / Setting Up Vend for Retail Success Taxes Ensuring you have your taxes set up for your outlets and individual products provides a great basis for setting up the rest of your store and makes tax season and reporting a breeze. Make tax season and reporting a breeze. Set whether you have tax exclusive or inclusive pricing on your set-up page. You can set up different tax rates for individual outlets. As well as for your individual products on the product set-up page. Taxes 3

Vend U / Setting Up Vend for Retail Success Loyalty Having a strong and well promoted loyalty program can help to generate a strong return client base and help you manage customer accounts easier. Setting up a loyalty program with Vend is easy. #RETAIL SUCCESS TIP: Loyalty dollars redeemed by your customers do come as an expense to your business so it is important that your financial reports reflect this. Also keep in mind your mark-up on your products so that your program does not cut into profits drastically. You can set up loyalty in your setup page under Loyalty by clicking the Enable Loyalty check box. You can also adjust loyalty amounts for your individual products on that specific product’s set up page when you begin to add products. Loyalty 4

Vend U / Setting Up Vend for Retail Success Products ORGANIZATION Adding your products into Vend the right way is essential. How else are you going to be able to track the items you’ve sold, run accurate reports and ensure inventory levels are accurate across all locations and selling platforms? Before we even begin adding our products into Vend, it is essential to have your organization down! Types Brand First we are going to think about all of the types of products you have in store. You need to ensure that you have the information you will need to keep track of items in store. Ensure you know the brands you are carrying in your store and are inputting this information accurately as to be able to report on it later. It is great to see which brands are outperforming others. For example, if you are creating inventory for a fashion store, this means, instead of simply creating a type called ‘Clothing’ you may want to create types such as ‘Shirts’, ‘Blouses’, and so on. Supplier Some store owners like to keep reports very granular, creating types as specific as short sleeve or long sleeve shirts. Adding your suppliers will allow you to track which suppliers are supplying you with products that sell better. Also with their details filled in, ordering more products from them will be a breeze. Tags Tags are very important to drill down on your categories to find insights on top performing merchandise. Many store owners will use tags like the material an item is made from, the region it is from, or a subcategory from their types. Products 5

Vend U / Setting Up Vend for Retail Success PRICING Before you begin adding products, you will also want to consider how you are going to price them. It is essential that you have your supply price handy for all of your products and enter them into Vend the first time you upload. This will ensure your Costs of Goods (COGs) stay accurate and help you avoid doubledipping to improve efficiency. Calculating Supply Price Taxes To calculate your supply price there are important factors to keep in mind: The taxes on your goods and services sold in your store can fluctuate based on the type of good, your region and other important factors like the total purchase price of a transaction and more. OVERHEAD DIRECT COSTS Labor Costs Cost to purchase merchandise or raw materials Rent Advertising and Promotion Packaging Costs Administration Freight Supplies It is important to check with local rules and regulations to ensure you are creating the correct tax amounts on your merchandise. Items that could have unique taxing are: Foods - Take in to consideration ‘essential’ food items Certain Medications Repair Maintenance Supplies . more Products 6

Vend U / Setting Up Vend for Retail Success ADDING PRODUCTS IN VEND Now that your merchandise is organized, and you have sorted the pricing and taxes of your items, you can begin loading your products into Vend! From your products page, you can begin to add your products individually by clicking on the Add Products page. Pricing Complete the pricing information by inputting your supply price and adjusting the % markup to the appropriate number for your operation. Your retail price will be automatically calculated. Set your taxes by inputting the tax amount for a tax-inclusive store or selecting the blue button and selecting the tax rate from a drop down. Loyalty If you have loyalty enabled in your store, you will be able to use the default amount or create a custom loyalty balance. This is the dollar-value loyalty amount customers will earn when purchasing this item. Products Product details Name your product. Vend will create a handle for you. You can change this, but it must be unique unless this product has multiple colors, sizes, and so on. If so, these products will have the exact same handle. If you don’t want this product to be immediately available for sale, un-tick the ‘Available to be sold’ box. Add a description of your product. This might be selling points for your staff and care instructions. This will be the same description in your Ecommerce site, so take care with the HTML and CSS formatting. To add an image, for your Vend store or Ecommerce click on “Set Main Image”. You can add a main image and multiple images as well. Ensure you add your Types, Tags, Brands and Suppliers. 7

Vend U / Setting Up Vend for Retail Success ADDING PRODUCTS IN VEND (CONTINUED) Variants If you have an item that comes in multiple colors, sizes, or other attributes, you may want to create them as a variant. This means that Vend knows that they are from the same product family and they will share the exact same handle. #RETAIL SUCCESS TIP: Keep in mind, if you set an item up with variants they will appear on the same page in your eCommerce site. If you would like items to appear on separate pages, set them up as separate products. Inventory Here you can add your unique SKU. If your items already have bar codes on them, you can add them numbers on them here to make scanning your products into Vend a breeze. Make sure that you do not add multiple products with the same SKU. You can decide if you are adding a Standard product which is most common, or a composite product which is a grouping of products sold together at one price. You can also decide if you would like inventory to be tracked. For services offered you may want to turn inventory tracking off. Here you can set stock levels, reorder points and reorder amounts. To adjust inventory levels in future, it is advised to do so through a stock order. Products 8

Vend U / Setting Up Vend for Retail Success Customers ORGANIZATION Vend makes it easy to keep track of the customers who shop in your store. You can use the customer management tools to add customers to Vend while you are ringing them through, add through the Customer page and also view their transaction history. You can also divide your customers up and sort them into groups based on the different types of customers that shop in your store. Customers Your customers are the livelihood of your business. 9

Vend U / Setting Up Vend for Retail Success Pricebooks Price books are a feature in Vend that enable you to offer special pricing and loyalty amounts on your in-store products. These can be restricted to certain customer groups or outlets, enabling you to have sophisticated pricing strategies for your store. You can also automate start and end dates of sales, which makes it easy to plan and set up in advance. Once you set up a price book, the pricing will automatically apply for eligible customers and outlets when you, or your staff, process a sale in the sell screen. For example, to show appreciation to your top customers you might have a special sale for anyone listed in your Top-Tier customer group. Pricebooks 10

Vend U / Setting Up Vend for Retail Success CSV A CSV is a spreadsheet that you can use to import a large amount of customers, products, or large pricebooks into Vend. A complete tutorial of how to use your CSV for any process can be found on VendU. A CSV stands for “comma separated value” which means that you should avoid using commas in the spreadsheet as it could compromise formatting. These are used to help import products in bulk, or if you are migrating from an existing point of sale. We advise using Open Office which is a free download-able spread-sheeting software to manipulate your files. All of our reporting, products, and customer information can be exported through a CSV. This would be a hard copy layout on a spreadsheet. These can be used if you are using a nonintegrated accounting platform (you can export out the information from Vend, and import into your accounting software). CSV 11

Vend U / Setting Up Vend for Retail Success Users Setting up every employee with a user account is crucial as with proper staff management you are able to hold each employee accountable for every sale they put through. You are able to see who your top performing employees are and you can also give them target goals. You can add a User into Vend by going to Setup and Users Here you can add your users, add their details and set their permission levels. Here is a complete list of User Permission levels. Users 12

Vend U / Setting Up Vend for Retail Success Quick Keys Having a great quick key set up will making cashing your customers through a breeze! Program quick keys with your top sellers, impulse buys, or items that are not coded to make sure you are using them to speed up the cashing through process. If you are using a PC or Mac computer with Vend on a chrome browser, you can set up your quick keys on the set-up page under quick keys. Here you can create custom layout and assign them to Vend POS registers. If you are using the new Register App, then you can set up a quick key template on that register by going to the Setting screen and Quick Keys. You will have to set-up each template individually. Quick Keys 13