What is Turnkey Solution in Retail? Explained

A turnkey solution refers to a comprehensive and ready-to-use product or service that can be implemented without significant customization or additional development. Retailers opt for turnkey solutions when they seek an all-in-one package that addresses specific needs, such as point-of-sale systems, inventory management, or e-commerce platforms. These solutions are designed to be easily deployable, requiring minimal effort and technical expertise from the retailer. By adopting turnkey solutions, retailers can streamline processes, reduce implementation time, and focus more on their core business activities.