At the Michigan Flower Expo on August 7th in Lansing, the Meadow team announced our latest feature: Tiered Pricing, also known as Deli-Style Pricing, for Michigan Dispensaries.
This feature launch underscores our commitment to creating cannabis POS software solutions tailored specifically for Michigan dispensaries, addressing customer preferences, local regulations and market nuances. Meadow’s entry into Michigan has been thoughtful and strategic. We’ve taken the time to understand the market and create technology tailored to Michigan’s unique regulations and retail needs.
Deli Style Pricing is just one example of how Meadow is delivering solutions that fit Michigan dispensaries and their customers. This approach, also known as Tiered Pricing, offers a unique way for dispensaries to cater to customer preferences and budget, and enhance their shopping experience.
Let’s dive into what Deli Style Pricing is, how it works, and the benefits it brings to your dispensary.
What is Deli Style Pricing?
Deli style pricing in cannabis retail means purchasing flower that isn't pre-weighed and pre-packed. Instead, a dispensary budtender weighs out loose flower in front of a customer from bulk flower jars.
This method is ideal for dispensary shoppers who are more selective when choosing flower, want to try new strains, or like to get a discount when buying their favorite strain in bulk. Whether you choose a gram to sample or opt for a bulk discount on your favorite strain, deli style pricing offers unparalleled flexibility and personalization.
What’s Considered “Pre-Packed?”
In contrast, pre-packaged cannabis has been weighed and packaged ahead of time. Whether by choice or regulatory mandate, pre-packing flower ensures a clean and quality product for the customer. However, some customers feel that with pre-packaged weed, they may not know exactly what they’re getting and might worry about receiving the best value for their money.
The Advantages of Deli Style or Tiered Pricing
Many shoppers, particularly experienced ones, appreciate the opportunity to receive a discount when purchasing flower in bulk. This method also offers a more personalized experience, fostering meaningful interactions with budtenders. These interactions not only enhance the overall shopping experience but also contribute to increased customer loyalty and retention. For many, especially those new to cannabis, the guidance and insights provided by the budtender can make all the difference in selecting the right flower to suit their needs.
Mix & Match Cannabis Strains Across Price Points
Imagine offering customers the flexibility of mix-and-match pricing across a shelf or your entire inventory with deli-style cannabis pricing, offering unparalleled versatility in your strategy. This approach allows customers to choose their desired strains in varying quantities, combining different products to create their perfect selection. Whether they want a gram of one strain and an eighth of another, deli-style pricing empowers them to customize their purchase, enhancing the shopping experience and encouraging sales across your entire product range. This dynamic pricing strategy not only caters to diverse customer preferences but also optimizes inventory turnover by promoting the sale of smaller quantities from a broad selection.
Enhanced Customer Experience
Deli style pricing provides a more personalized shopping experience, allowing customers to see and smell the flower up close before purchasing. This approach also encourages customers to ask questions about different strains, leading to more informed choices and a deeper connection with the product and the budtender.
Increased Sales and Customer Loyalty
Deli style pricing not only offers flexible purchase options but also fosters meaningful interactions between the budtender and the customer. This personal connection provides an opportunity for rapport-building and upselling, which can lead to increased sales and stronger customer loyalty. Customers also appreciate being able to buy exact quantities, whether sampling a small amount or purchasing in bulk for a discount, all while enjoying a more personalized shopping experience.
Reduction in Product and Packaging Waste
Deli style pricing also helps reduce both product and packaging waste. By allowing customers to purchase only the quantities they need, dispensaries can minimize leftover stock that might otherwise go unsold. Additionally, this approach reduces the amount of packaging waste associated with pre-packaged flower, contributing to a more sustainable retail approach.
Meadow's New Deli Style Pricing Tiers Feature
Meadow's Deli Style Pricing Tiers were specifically designed for Michigan dispensaries. This feature brings a host of functionalities and benefits tailored to streamline operations and enhance customer satisfaction.
Key Functionalities
- Fully Integrated:Say goodbye to manual entries! Our Deli-Style Pricing Tiers are fully integrated with your dispensary's scales, automatically populating weight and pricing data within Meadow's POS system for fast, accurate transactions without the hassle or error of manual input.
- Flexible Tier System: Our tier system allows you to apply pricing tiers to a single product, across multiple products, or all products. Enjoy the flexibility of mix-and-match pricing across a shelf or your entire inventory, providing unparalleled versatility in your pricing strategy.
- Real-time Inventory Management and Pricing Updates:Our POS system provides real-time inventory management and pricing updates. As weights are measured and sales are processed, inventory levels are automatically adjusted within the system, ensuring accurate tracking and management of your stock.
Scale Integration for Fast and Accurate Pricing
The scale integration in Meadow's Deli Style Pricing Tiers feature is designed to provide fast, accurate, and efficient transactions.
How It Works: Once the cannabis flower is placed on the scale, the system automatically populates the weight and calculates the price based on the predefined pricing tiers. The scale populates these details directly into Meadow's cannabis POS software.
In an industry as dynamic as cannabis retail, having a POS system that’s tailored to your specific market makes all the difference. Meadow’s Deli Style Pricing Tiers and other features are designed with Michigan dispensaries in mind, offering tools that not only streamline operations but also enhance the customer experience. From ensuring compliance to fostering customer loyalty, Meadow’s POS system provides everything you need to succeed in the Michigan market.
Meadow's Dispensary POS Software: A Tailored Solution for Michigan Cannabis Retail
Easy, Automated Cannabis Compliance
Stay on top of compliance with automated workflows designed for cannabis retailers. Our fully automated Metrc sync saves you hours of time with daily checks and issue resolutions, ensuring zero negative inventory. This feature simplifies compliance, making it effortless for you to adhere to Michigan's cannabis retail regulations.
All-In-One Sales Management
Manage in-store, online, delivery, kiosk, lounge, events, and pick-up sales from one dashboard. Deliver exceptional service everywhere. Easily toggle between these tools all in one device, ensuring a seamless and efficient operation across all sales channels.
Reliable Performance
With over 99% uptime, our platform is fast, reliable, and packed with features to streamline your operations. Enjoy 100% uptime on 4/20, ensuring your dispensary runs smoothly during peak times.
Ease of Use
Our "stoner proof" software, white-glove support, and detailed training system ensure fast staff training and minimal retraining costs. This user-friendly approach means your team can get up to speed quickly and efficiently.
eCommerce & Menu PRO
Optimize your online presence with a customizable, SEO-friendly eCommerce menu. Meadow’s Menu PRO allows you to create an attractive and functional online shopping experience, enhancing customer engagement and driving sales.
Robust Reporting and Actionable Insights
Turn analytics into action and understand your business at a glance. Meadow’s POS system provides robust reporting features that offer deep insights into your operations, helping you make informed decisions to grow your business.
Dispensary Inventory Management
Never say 'sorry, we’re out of stock' again. Automate inventory management with smart forecasting, ensuring you always have the right products on hand to meet customer demand.
Loyalty & Rewards, Top Shelf Integrations, Advanced Delivery Solutions, Premium Support & more.
By choosing our dispensary POS software, Michigan dispensaries gain a tailored POS system designed to enhance operational efficiency, ensure compliance, and deliver the best customer service in the cannabis industry.
Discover how Meadow can transform your cannabis retail business.
Read more: How to Start a Cannabis Delivery Service in Michigan
