Congrats to Touch Dynamic – An Awesome InsightRS Vendor

September 6, 2017

We are so happy to see this new facility!  Good Job Guys!  Touch Dynamic All-in-one Terminals are working great for our Tobacco Store installs with our InsightRS Scan Data Service.

Touch Dynamic Headquarters

Irvington, NJ- August 23, 2017 – Touch Dynamic, a leading manufacturer in all-in-one POS systems, small form factor PCs, rugged tablets and POS peripherals, has moved to a new facility in South Plainfield, New Jersey.

Touch Dynamic’s rapid growth has caused the hardware manufacturer to expand beyond the capacity of its location in Irvington, New Jersey. The new space located at 121 Corporate Boulevard in South Plainfield boasts double the amount of warehouse and office space.

The new 36,000 square foot facility also has extra space for visiting sales team members and other personnel when they are working at the facility. Multiple conference rooms are available to accommodate simultaneous team meetings. The new parking lot is triple the size of the lot in Irvington, perfect for hosting guests and Touch Dynamic team growth. Touch Dynamic has also updated its phone system to a new, state-of-the-art communication system and the production floor has been customized with an ESD (Electric Static Discharge) compliant floor.

“This has been an excellent move for the company,” said Craig Paritz, President of Touch Dynamic. “With more production space for product integration, more office space for staff, and in a great location, we will be able to continue to grow and serve the channel as effectively as possible.”

To learn more about Touch Dynamic and its products, visit http://www.touchdynamic.com.

About Touch Dynamic

Founded in August of 2001, Touch Dynamic is an ISO 9001:2008 certified manufacturer of all-in-one touch terminals, small form factor PCs, touch screen monitors and mobile POS devices for a variety of industries. We understand the demands on our channel partners and provide unique products and additional value-added services to help them meet the specific needs of their customers. For more information, visit www.touchdynamic.com

Touch Dynamic Website – Click Here

Insight Retail Software Website

 

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And just like that, summer is over.

September 1, 2017

Scan Data for Altria September

Back to school, football season and the wonderful beauty of fall.

So now that vacations and summer travel is over it’s time to sign up for our Scan Data Service.  Give us a call today! Don’t miss out on this amazing opportunity for tobacco incentive money.

Call Chris at:  518-633-4111 x 108

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Hurricane Harvey: HOW DISASTERS AFFECT FUEL PRICES

August 31, 2017

Five most devastating storms in recent US History.

5.  Ivan – 2004

4.  Ike – 2008

3.  Andrew – 1992

2.  Sandy – 2012

1.  Katrina – 2005

As Harvey continues its path of destruction it’s certain to make the list above.  We continue to think of our many customers, friends and vendors that are affected by this horrible storm as it now heads to Louisiana, Arkansas and Tennessee.

Attention IRSI customers:  Insight Retail Software will securely store a copy of your backOffice™ database please let us know.

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This article from NACS online

Higher prices at the pump often lead the public to assume a retailer is price gouging.

 

August 31, 2017

 

​ALEXANDRIA, Va. – The retail fuel marketplace is the most competitive commodity market in the nation. There are an estimated 150,000 retail fueling facilities in the United States. Of these operations, less than 1% are owned and operated by the major oil companies, and about another 4% are owned by a refining company. The majority—about 95% of stores—are owned by independent companies, whether one-store operators or regional chains. Each of these companies has different strategies and strengths in operations, which can dictate the type of fuel that they buy and how they sell it.

Most of the nation’s fuel retailers purchase their gasoline and diesel supplies from a refiner. As such, these businesses have no influence over the wholesale price established by the refiner and, during a catastrophic event such as a hurricane, these retailers can incur extremely volatile wholesale prices and restricted wholesale availability. Wholesale prices are largely influenced by activity in the commodities trading market, in which traders bid prices up or down based upon actual and anticipated changes in supply availability. During disruptive events, these contracts can vary widely in a very short period of time.

Refiners seek to ensure they have sufficient product to satisfy their contractual obligations when supplies are disrupted. Refiners often will place their branded retailers on allocation, restricting their volume to a certain percentage based upon the previous year’s activity and ensuring the refiner’s product is available throughout their service area. While these branded retailers are likely to have at least some supply guaranteed, they have one supplier for product. The unbranded retailer, meanwhile, who relies on the uncontracted gallon of gasoline, often pays an elevated wholesale price or is completely denied access to supplies. This limitation on supplies for the retail segment as demand remains constant results in increased wholesale prices.

It’s common for retailers to operate daily in a volatile wholesale gasoline marketplace, where costs often change several times a day. Under normal market conditions, retailers may seek to adjust their prices upward in response to increasing wholesale prices to pay for their next delivery. This practice is known as factoring in replacement costs and is a critical element in the pricing decision for many retailers, especially during periods of extreme volatility.

But including replacement costs in retail prices may not always be feasible. But because price-sensitive consumers will switch locations to save a few cents per gallon, retailers will often remain competitive in their fuel pricing strategy, which affects their ability to recover the full cost of wholesale price increases, resulting in reduced margins and, in some cases, net losses at the pump for transactions.

Higher prices at the pump often lead the public to assume a retailer is price gouging. Price gouging is defined by some government entities as the increase in prices or value for goods and services that are higher than the prices ordinarily charged for comparable goods and services at or immediately before the time of a state of emergency. In the wake of natural disasters that affect the U.S. transportation infrastructure, governors may declare a state of emergency and institute a price gouging prohibition.

Following Hurricane Katrina in 2005, some members of Congress sought to enact legislation on price gouging that would have punished honest retailers for violating an ambiguous definition of price gouging. The legislation that passed both the House and Senate defined “unconscionably excessive prices” as:

  • Significantly higher than the average price charged by that supplier during the 30-days prior to the emergency;
  • Significantly higher than the competition; and
  • Not attributable to increased costs, including replacement costs.

NACS argued at the time and continues to advise policy makers that the concept of price gouging is very complicated and must be carefully considered. Laws that do not adequately protect the normal operating practices of fuel retailers can have a very damaging effect on the market. Retailers must be given the opportunity to respond to changing market conditions and to recover their costs. For example, laws that prohibit a retailer from increasing fuel prices following the declaration of an emergency yet provide no allowance to adjust prices in response to escalating wholesale prices serve only to penalize retailers who stay open for business to serve their communities and accelerate the exhaustion of already limited supplies.

While Congress did not ultimately enact price-gouging legislation, several states that experience hurricanes and flooding have price-gouging statutes:

Texas
The Office of the Attorney General has authority to prosecute any business that engages in price gouging after a disaster has been declared by the governor. §17.46(b) of the Texas Deceptive Trade Practices-Consumer Protection Act provides that it is a false, misleading or deceptive act or practice to take advantage of a disaster declared by the Governor under Chapter 418, Government Code, by:

  • Selling or leasing fuel, food, medicine or another necessity at an exorbitant or excessive price; or
  • Demanding an exorbitant or excessive price in connection with the sale or lease of fuel, food, medicine or another necessity.

Louisiana
Once a state of emergency is declared, the price gouging ban is effective during the period specified in the declaration and for an additional period not to exceed 30 days after the declared state of emergency ends, unless expressly extended by the governor (La. R.S. 29:732(B)). Louisiana’s price gouging statute is not to freeze prices. Wholesalers and retailers may increase prices as long as the increase in price charged by the seller is attributable to regional or national market trends and fluctuations, or to reasonable expenses and charges for a business’ risk incurred in obtaining or selling the goods or services during the state of emergency (La. R.S. 29:732(A)).

The state’s price gouging ban covers goods and services necessary for use as a direct result of the state of emergency, such as gasoline or diesel fuel of any grade, hotels, motels and generators.

Florida
According to the Office of the Attorney General, Florida Statute 501.160 states that during a state of emergency, it is unlawful to sell, lease, offer to sell, or offer for lease essential commodities for an amount that grossly exceeds the average price for that commodity during the 30 days before the declaration of the state of emergency, unless the seller can justify the price by showing increases in its prices or market trends. Examples of necessary commodities are food, ice, gas and lumber.

The law compares the reported price of the commodity or service during the state of emergency to the average price charged over the 30-day period prior to the declared state of emergency. If there is a “gross disparity” between the prior price and the current charge, it is considered price gouging.


Another Successful POS System Install with Altria & RJR Scan Data

August 29, 2017

It’s impossible to update and brag on each and every POS / Scan Data Customer [there are too many] but when we get a great photo showing happy customers and our state-of-the-art equipment, it’s time to slow down and share.  This success story comes from Jackson, Tennessee where Keith from R & D purchased a complete 2-lane POS System for each of his three stores.

Tobacco Place II

Tobacco Place II

1660 S. Highland Ave – Jackson, TN 38301

Cigarettes Cheaper

 2643 N. Highland Ave – Jackson TN 38305

The Smoke Shop

721 Old Hickory Blvd – Jackson, TN 38305

 

This POS System features:

  • Touch Dynamic All-in-one Terminals with a rear facing customer display  Customers can easily see the items purchased and their amount due
  • Epson T20 printer for fast receipt printing
  • Reflection POS®
  • backOffice™ Software
  • Sterling Payment Technologies with full EMV Chip Card Reader
  • Scan Data Services for Tobacco Incentive Rebates

Call today to get a quote for your POS System with Scan Data Service.  We have partnered with Sterling Payment Technologies to offer interest free financing.  Give us a call for more details.  Check our our website here:  http://insightRS.com

Call Chris at:  518.633.4111 x 108

 


Here comes the sun. The Great American Total Solar Eclipse

August 18, 2017

694940094001_5543989438001_5543971021001-vsLots of talk about the upcoming “Great American Total Solar Eclipse” on Monday August 21, 2017.  People from Oregon to South Carolina are lining up and making plans to place themselves in the “path of totality” for the big event and are hopefully in for an unforgettable experience.

Space.com gives us this reminder:  During totality, when the sun’s disk is completely covered by the moon, it is safe to view the eclipse with the naked eye. But sky watchers should NEVER look at a partial solar eclipse without proper eye protection. Looking directly at the sun, even when it is partially covered by the moon, can cause serious eye damage or blindness. See our complete guide to find out how to view the eclipse safely.  – Please follow the rules and stay safe.  Don’t let a few minutes of sun gazing ruin your life.

As people flock to the “path of totality” gasoline stations are seeing heavy volume as eclipse watchers are making their travel plans and lining up for their perfect spot in the path.   NACS reports that some gasoline retailers had ordered 20% more fuel than for their usual busy holiday weekends while others that didn’t plan ahead are now seeing shortages.

For youngsters this may seem like a first time occurrence which would be far from true. The English word eclipse comes from the Greek ἔκλειψις, ekleípō: disappearance, abandonment. A solar eclipse is the moment in which the sun disappears, abandoning the world. It’s like being forsaken by a god.

The ancient Greeks thought of a solar eclipse as an act of abandonment, a terrible crisis and an existential threat. It meant that the king would fall, that terrible misfortunes would rain down on the world, or that demons had swallowed the sun.

Yet not everyone thought of the eclipse as a horrible threat. For some cultures, the eclipse was an act of creation: The sun and moon were coupling, and would create more stars. For others, it was a random and chaotic act by a trickster or a mischievous boy, causing trouble just for the sake of it.

So wherever you are, seeing full or partial, sporting $.50 paper glasses or a cardboard box, be safe, have fun and listen to a little Eclipse by Pink Floyd while watching the slide show below!

 

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Credit to:

Getty Images, NACS Online

https://www.vox.com/culture/2017/8/18/16078886/total-solar-eclipse-folklore

 


InsightRS Welcomes Alford Tobacco! Scan Data Service – backOffice Software™ – Touch Dynamic Terminal.

July 27, 2017

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If you are passing through Cabot, Arkansas stop in and see our friends at Alford Tobacco located at 521 West Main Street.  The owner, Judy Alford gives a thumbs-up for her new Touch Dynamic terminal with backOffice™ Software.

InsightRS provides the perfect Tobacco Store solution for:

  • Powerful Back Office Software
  • Excellent Reporting
  • Inventory Control
  • Modern Hardware
  • Scan Data Reporting for Altria and RJ Reynolds

 

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Alford Tobacco and Judy for your business!

from

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New Jersey Gov. Chris Christie Raises Tobacco Purchase Age to 21

July 26, 2017

Back office for C-Store Cigarette Tax

As tobacco laws constantly change, getting the most value from your tobacco sales has NEVER been as important as now.  Some things we can control –  our store front, advertising, community outreach, etc.  Many things we cannot control like Tobacco purchase age.  As laws change, sales can also change.  STAY competitive with Scan Data Rebates offered by Altria and RJR.  Insight Retail Software’s team of professionals can get your store submitting data ASAP.

Call Chris @ 518 633 4111 x 108 for more information.

Don’t light a fire to your profits, make your profits grow!

I mentioned tobacco laws changing.  The latest change comes to us from Gov. Chris Christie. When New Jersey law takes effect on November 1, 2017, NJ will become the 3rd state to set legal tobacco age to 21.  Hawaii and California being the first two states to make this change.  Gov. Christie stated that “By raising the minimum age to purchase tobacco products to 21, we are giving young people more time to develop a maturity and better understanding of how dangerous smoking can be and that it is better to not start smoking in the first place,”

But not everyone is happy about this change.  As Nacs Online reports:

Meanwhile, merchants are disappointed about the change, given that neighboring states will still sell tobacco products to those between the ages of 19 and 21,

WFMZ-TV reports. “It’s going to be a negative business-wise,” said Sal Cassar, owner of Towne Market in Phillipsburg, N.J. “There’s no two ways about that.”

 

Cassar estimated that customers between the ages of 19 and 21 buy around a third of his tobacco sales.

“You don’t only lose the cigarette sell, [you also lose] any other associated product that the customer was going to buy,” he told the news source.

Meanwhile, in Maine, Gov. Paul LePage vetoed a bill that would have increased the state’s tobacco buying age to 21, the Press-Herald reports. “I believe that at 18 they are mature enough to make a decision and I’m tired of living in a society where we social engineer our lives,” the governor said of his veto.


While some claim that states are losing huge tax money others claim that the health care savings is worth it.  There are arguments on both sides. Some say 18 is mature enough to fight for our country, it should be mature enough to buy tobacco products.  While others think this maturity is reached at the age of 21. Many believe that the age increase will not reduce younger smokers activity.
The biggest losers in this debate are the state line retail stores that will lose business to the customer that drives 5 minutes across the state line to make their purchase(s).  So hey New Jersey – give us a call. 1 store or 100, we’ll take care of you.
Bottom line – get scanning!  Get the MOST out of your sales.
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