RE: RetailEdge Cost
How much does it cost to purchase and implement RetailEdge?What is the break-down cost of licenses, maintenance and support, installation, customization, data migration and training?
Software price
RetailEdge offers a perpetual license starting at $495 for a single user. Additional users can be added at $295 per user. There is also an optional annual support plan priced at $99 per year per user.
Plans compared
RetailEdge offers a single plan with the option to add more users at a fixed price per user. The software includes features such as inventory management, point of sale, customer management, and reporting.
Plans fit
This pricing plan is suitable for small to medium-sized businesses in the retail industry that require a comprehensive POS system. It is ideal for single-store retailers or small chains looking for a one-time payment option.
Other cost
Implementation of RetailEdge is moderately complex and can take a few days to a couple of weeks, depending on the size of the business. The average implementation cost ranges from $500 to $2000 for small to medium-sized businesses. Customization is optional, with costs varying based on the extent of customization required. Training costs are typically around $500 to $1000 per business, depending on the size and number of employees needing training.
One time fees
There are no specific hardware requirements for RetailEdge, but businesses may need to invest in POS hardware such as barcode scanners and receipt printers. These costs can range from $500 to $2000 depending on the hardware needed. There are no other significant one-time fees associated with RetailEdge.
Alternatives compared
Compared to alternatives such as Lightspeed Retail, Vend, and Shopify POS, RetailEdge offers a more affordable one-time pricing model. While its pricing may be lower upfront, it may lack some of the advanced features and integrations offered by its competitors.
Verdict
With its starting price of $495 for a single user, RetailEdge is a cost-effective solution for small retailers looking for a one-time payment option. However, businesses should consider the additional costs of support, implementation, and training when evaluating the total cost of ownership. RetailEdge receives a pricing grade of 75 out of 100 for its affordability compared to competitors.