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Data from your POS system can give you a comprehensive view of various aspects of store performance, like: Bestselling products (by volume and amount) Profit margins (by specific item, product category, supplier, and more) Inventory turnover rates Peak hours and seasonal trends Average cart size Discount and promotion effectiveness Combined, this data can help you make more informed decisions about inventory purchases, store layout, pricing strategy, and more

Perishable Products : Some smoke shops may carry items like herbs or resins with a limited shelf life

Competitors can engage in horizontal restraints of trade by various means of price-fixing