- Point of sale (POS) (also sometimes referred to as Point of purchase (POP) ) or checkout is the location where a transaction occurs. A "checkout" refers to a POS terminal or more generally to the hardware and software used for checkouts, the equivalent of an electronic cash register. Click Here For More
DEFINITION of 'Point of Purchase - POP'
A place where sales are made. On a macro-level, a point of purchase may be a mall, market or city. On a micro-level, retailers consider a point of purchase to be the area surrounding the counter where customers pay. Also known as "point of sale".INVESTOPEDIA EXPLAINS'Point of Purchase - POP'
In recent years, the point of purchase for products and services has become an important focus for marketers, because consumers tend to make purchasing decisions on very high-margin products or services at these strategic locations. Points of purchase may be real, as in the case of a "brick and mortar" store, or virtual, as in the case of an electronic retailer that sells goods and services over the internet.http://www.investopedia.com/terms/p/pointofpurchase1.asp#ixzz3ikPpNL00
A point-of-sale display selling products related to the Easter holiday.
