A Look At The Benefit Of Using Electronic Retail Shelf Price Tags

 

Whether to invest in electronic retail shelf price tags or stick to using paper-based price tags is a question that you may be asking yourself right now.  You are clearly better off with the electronic price tags for various reasons. While these price tags do have an initial investment, but they are totally worth the money because of the benefits that they provide.

 One of the advantages of using the electronic retail shelf price tags is that they are more accurate compared to the paper labels, and they can help you save employees’ time. It is much easier to edit electronic pricing, and it is always more accurate.  If you still use paper labels in your business, chances are your employees waste a lot of time making hundreds of small changes around the store. Such tedious work can lead to lot of mistakes in pricing, something that can in turn cause customers to start losing faith in your business.

 If you sell items in your retail store at the price that they are listed instead of the actual price, even a small mistake can prove to be quite costly in the end. With the electronic retail shelf price tags, changes can be made in large numbers from the back end.  Mistakes in pricing can be fixed quickly as opposed to manual price changes which leave room for the same mistake to happen again in future.  Since your employees will no longer need to spend a lot of their time tending to the product labels, they will make use of their time to help customers and make sure that they have a positive shopping experience.

For more information on the benefits of electronic retail shelf price tags, visit our website at https://solumesl.com/

Tips For Implementing Electronic Shelf Label Technology In Your Business

When you decide to implement electronic shelf label technology, you need to know what to do in order to make sure that this implementation is successful. For the best results, you need to make sure that your ESL system is rolled over the right technological foundation. You also need to make security a top priority as you continue to expand your digital portfolio.

One of the important factors that you should consider when implementing ESLs in your business is cost.  You need to make sure that the ESL system that you will choose is affordable within your means.  To get a feel for whether the electronic label that you are considering is an economically prudent option, you should compare your initial investment in ESLs with your existing relabeling costs, which can be quite high for the large inventory stores. You should also consider the ongoing maintenance costs of electronic labels and understand how long various types of low-power devices will actually last.

Apart from cost, another important factor that you should consider when implementing electronic shelf label technology in your business is your store layout. You need to make sure that radiofrequency signals can reach every label in the store in order to ensure accurate pricing. If there are barriers in the way, this can be difficult to achieve.  For example, if t you have a grocery shop, you need to make sure RF hardware of the ESL system that you will choose can transmit signals with enough power to penetrate steel as well as glass refrigerators.

Keep in mind that an ideal electronic shelf label system for you may not be the same an ideal system for another store.  Your unique needs as well as existing infrastructure are some of the things that will determine your priorities.

 For more tips on how to implement electronic shelf label technology in your business, visit your website at https://solumesl.com/fr/newton/

The Benefits Of Using Electronic Shelf Labels

When it comes to the things that you can do in order to increase productivity and profitability in your retail business, one of the best things you can do is investing in electronic shelf labels.  A lot of retailers that are already using the electronic labels have nothing but nice things to say about them. Compared to paper labels, the ESLs have a lot of benefits, including the following.

 One of the important benefits of using electronic shelf labels is that they can help prevent showrooming. This is a very common phenomenon in the brick and mortars stores.  It is where shoppers browse for items in a retail store but make their purchases online since they are able to find cheaper outlets there.

 Electronic price labels allow more dynamic pricing for retailers. With these labels, making price changes in your retail store will be a lot easier. You can keep an eye on online prices and quickly make adjustments in your store if you notice price differences between the outlets.

Since the electronic shelf labels are still relatively new, only the largest retailers are currently taking advantage of it.  Some retailers are reluctant to use it with the fear that it may drive shoppers away. But the truth of the matter is that ESL technology is better than paper price tags in many different ways.

While the initial cost of investing the electronic price tag technology may look high, it should not scare you because the benefits that you will get in the long run are many.  The best thing about it is that you only need to purchase the electronic price labels once. This is unlike paper labels where new labels are required whenever there is a price change.

 For more information on the benefits of using electronic shelf labels, visit our website at https://solumesl.com/

How To Implement ESL Solutions

Investing in ESL solutions is something that you should definitely consider if you are a retail business owner. There are so many benefits to using electronic shelf labels instead of paper labels, including dynamic centralized pricing, in-store heat mapping as well as automated inventory management.

In order to realize the benefits of an ESL system, you need to make sure that it is rolled out over the right technical foundation. A good ESL system needs to be scalable enough so as to incorporate hundreds or even thousands of connected nodes while at the same time being able to facilitate communication throughout the store, regardless of the size.

There are various things you should consider when implementing solutions. One of them is the layout of your store. Radiofrequency signals should be able to reach every label in your store in order to ensure accurate pricing. This can be difficult when there are physical barriers in the way. For example, a grocer may have to make sure that the RF hardware of the ESL system can transmit signals with enough power in order to penetrate steel and glass refrigerators.

Another thing that you should consider when implementing ESL solutions is workflow. Electronic labels are supposed to streamline the labelling process. But for this to happen, you need to make sure that your technological capabilities align with how you are actually going to use the labels. For example, do you want retail prices to come straight from corporate, or will pricing will be handled at store level. If you prefer the former,   your headquarters will have to manage communication between multiple servers and a cloud set up or a central server, making it necessary for an added layer of technology and management.

For more information on how to implement ESL solutions, visit our website at https://solumesl.com/

How To Implement ESL Systems In Your Business

 

When it comes to implementing ESL systems in your business, there are various things you should consider. An ideal ESL deployment will look different for every retail business owner.  For instance, a grocery store will have different needs than an electronic shop.  To a large extent, your unique needs and existing infrastructure will determine your priorities as well as the challenges you will have to overcome as you seek to implement electronic shelf labels. The following are some of the real-world factors that you will need to consider when rolling out ESLs in your business.

First of all, make sure that you consider custom development.  You not only need to choose an  ESL system that suits  your current inventory practices,  but you also need to make sure that the system  has a robust protocol stack that can  be  reconfigured to suit your changing needs. For example, even though you may want to explore how customers can make use of the phones to interact with the ESLs directly, not all back-ends may be able to support this kind of interactivity.

Another important thing you should consider when implementing ESL solutions is appearance. You do not want to be limited when it comes to the look of your electronic shelf labels.  You should be able to choose between several sizes, and the graphics should be as crisp and readable just the way you like.  There are some ESLs that even have attention-grabbing features, such as blinking colored lights.

You also have to consider cost when implementing ESL systems in your business. The cost effectiveness of an electronic shelf labeling is something that you definitely have to consider especially if you are on a tight budget. You need to make sure that the system you will choose will not break your bank account.

 For more tips on how to implement ESL systems in your business, visit our website at https://solumesl.com/

 

Benefits Of Using Electronic Shelf Labels In Your Retail Store

It is about time you considered switching to electronic shelf labels if you still use paper labels in your retail business. The electronic labels have a lot of benefits, and a lot of business people are embracing them these days. Once you start experiencing their benefits, you would wish you invested in them a long time ago.

So how exactly will the electronic shelf labels help you? First of all, when you switch to these labels, you can save paper and plastic. Printing labels whenever a price change is required or you need to replace a beat up label is a huge waste. This is particularly true for retail businesses that sell many different products.  Apart from being expensive, paper and plastic labels  add to more waste, which is something that the world clearly needs a whole lot less of right now. When you start using electronic labels, you only have to purchase  the labels once. You will not need to throw anything out, and prices will always be up to date.

Another benefit of electronic shelf labels is that they are more accurate and they can help save employees time. Editing electronic pricing is easier and more accurate. Your employees will not have to waste a lot of time making hundreds of small changes around the store. Because these changes can be tedious if done manually, it means that there will inevitably be mistakes around your store if you leave the work to your employees.  If you offer products at the price that they are listed instead of the actual price, just a small mistake can prove to be very costly in the end. When you start using electronic labels, changes can be made en masse from the back end.

For more information on the benefits of using electronic shelf labels in your retail store, visit our website at https://solumesl.com/

 

Benefits Of Investing In Smart Price Tag Technology

If you are looking for ways to improve operations in your retail business and gain an edge over your competitors, one of the things that you should consider doing is investing in smart price tag technology. The smart or electronic price tags have numerous benefits for retailers.  However, their greatest advantage is the ability to engage in real-time dynamic pricing in-store and built an omnichannel experience that can go a long way in enhancing customer loyalty.

One of the important benefits of investing in the smart price tag technology is the shelf edge influence. The shelf edge is without doubt one of the most important sales influencers. Since a lot of purchases are made at this point, you need to make sure that your pricing information is ever accurate.

With the paper based system, changing pricing information of products is prone to human error. Changing the pricing information manually is also a slow process, and by the time you finish re-labeling, chances are the prices might have already changed online.

When you start using smart price tags, making price changes will be a lot easier, and you will be able to capture more sales at the shelf edge. With these labels, you can react competitively to price changes, enable instant promotions, track the promotions that are working and protect margins on stock that is time-sensitive. It is also possible to create offers based on where a specific customer is standing in your retail store with just a few clicks.

While the initial investment of smart price tag technology may seem to be a  bit higher compared to the paper-based system,  you can save a lot more in the long run because you will just purchase the smart price tags ones.

For more information on the benefits of investing in smart price tag technology, visit our website at
https://solumesl.com/

 

A Look At The Benefits Of Electronic Warehouse Shelf Labels

 

 If you still use paper labels in your warehouse, you should consider switching to electronic warehouse shelf labels. These labels are a dynamic and intuitive replacement of the manually generated stickers that a lot of retail businesses still use. The electronic labels can make your warehouse more efficient.

So how exactly can you benefit from using electronic labels in your warehouse?  First of all, these labels can be used as efficient and innovative tools for automated production navigation as well as production location management. They make it absolutely easier to locate items, devices or assets, particularly in large warehouses that have multiple items in their inventories. They use wireless connectivity that makes them highly efficient, and the light and thin designs that they feature make them so easy to install on racks and bins, and also on items and assets.

Another benefit of using electronic warehouse shelf labels is that they can make data gathering and analysis in your store a lot easier.  The modern ESLs have features that go beyond the mere price tag and product labels. The electronic warehouse labels can be equipped with sensors that will enable you and your employees to monitor the temperature and humidity of certain sections in your store, where temperature-sensitive products or assets are located. These labels can also be used for accurate monitoring and management of inventories, big data analysis and many other applications.

The intuitive systems as well as wireless connectivity  that the electronic shelf labels use is effective enough to feature scheduling capabilities, such as update  in pricing and production information  at a certain  predefined time or date. Price changes to thousands of products can be made within a matter of seconds.

 For more information on the benefits of electronic warehouse shelf labels, visit our website at https://solumesl.com/top-application-of-esl-in-a-warehouse-environment/

 

Benefits Of Using The Electronic Shelf Label Technology In Your Retail Business

Whether to invest in the electronic shelf label technology or stick to paper labels is a question that you may be asking yourself right now. While paper labels can still do the job, they will not serve you as well as the electronic labels. You need to invest in the electronic labels if you want to minimize costs and maximize profits in your retail business. The following are some of the biggest benefits that you are going to get from using ESLs in your retail business.

 First of all, the electronic shelf label technology will ensure accurate and reliable pricing. Using paper labels can mean frequent and costly errors, which is something you do not want if you desperately want your retail business to succeed. The errors could be due to shelf crawl, missing tags or pricing that is not updated.  Errors in pricing can lead to unhappy shoppers who may feel like you are overcharging them compared to the price that that is indicated on the shelf. Or if the price it too high, it could mean lower sales as well excess inventory.  When you start using ESL, they can eliminate these issues by ensuring price integrity.

Another benefit that you can get as a result of using electronic shelf label technology in your business is channel synchronization.  With electronic labels, the price on you retail store shelf will be the same as the price online, on your mobile app and across other locations where you are selling your items. Your online and offline channels will be synchronized, something that will ensure a unified experience for your customers regardless of how they decided to engage with you.

For more information on the benefits of using the electronic shelf label technology in your retail business, visit your website at https://solumesl.com/

The Benefits Of Using Digital Labels In Your Business

 

Even though most retail stores still use paper labels, using digital labels is more beneficial. It is something that you should seriously consider if you want to improve operations in your retail store and gain an edge over your competitors.  If you can afford it, you should go for it by all means.

One of the compelling reasons why you need to implement digital label technology in your business is easier store promotion management. Just like with manual repricing, store associates can be able to oversee promotions in-store without merchandising systems, available through mobile computers and tablets, widely used to help operations staff and managers correctly price and also set up eye-catching displays. Moreover, with electronic labels, set-piece promotions, such as offers around holidays and seasonal offers, can be planned out well in advance and factored into the annual operational costs of your store.

However, since shoppers these days prefer purchasing discounted products, to be able to meet their expectations, you should purpose to increase the frequency of in-store promotions. People who shop online are used to being notified of compelling offers – from money-off coupons, to price fluctuations and rewards depending on their purchase volumes, preferences and browsing history. When you are able to use these tactics in your retail store, at the shelf edge, because shoppers think about the purchases that they make, it can help convert more sales.

Offering more value at the shelf edge manually may not be that easy. Manually overseeing promotions can be time consuming, and it is also costly where promotions are usually put in place out of hours. You can only make a handful of changes depending on the amount of time that your associates have available. With digital labels, store promotion management will become so easy.

 For more information on the benefits of using digital labels in your business, visit our website at https://solumesl.com/

The Benefits Of Electronic Retail Shelf Tags

Are you still using paper shelf tags in your business? If you do, it is about time you switched to electronic retail shelf tags. These labels are quickly becoming a viable part of the ticketing strategy as retail businesses begin implementation across many industries. The following are some of the ways that it can be beneficial to your business.

One of the things that the electronic shelf tags can do is helping prevent is showrooming. This is a phenomenon that a lot of brick and mortar retailers are faced with nowadays. It is where shoppers browse for items that they need in a brick and mortar retail store but decide to purchase them online where they can get cheaper outlets.

Since electronic retail shelf tags allow more dynamic pricing for retailers, making price changes is very easy. You can keep an eye on online prices and quickly make adjustments in your store with the electronic shelf labeling technology.

Another advantage of using electronic retail shelf tags instead of paper labels is that you can stay more green and reduce inventory loss in your retail business. Since this technology allows quick changes to prices, you can move through product more quickly. If you notice that a certain items is not moving as you want, you can adjust the price and see if there will be any difference.

With electronic shelf tags, adjusting promotional pricing has never been easier, and as a result running promotions and getting rid of slow stock is also so easy. If you sell perishable stock in your store, this is even more important.  A lot of food produce is wasted in the stores that use paper labels.  When you start using smarter pricing, you can cut down this waste.

For more information on the benefits of electronic retail shelf tags, visit our website at https://solumesl.com/

 

The Benefits Of Electronic Shelf Labels

If you still use paper labels in your business, it is about time you gave electronic shelf labels a try.  With the right electronic labels, you can improve your margins and gain an edge over your competitors.  In fact, it is something that you would wish you did a long time ago. The following are some of the benefits that you will get from ESLs.

First of all, the electronic shelf labels will ensure accurate and reliable pricing. One of the problems with paper price tags is frequent and costly errors. This can happen as a result of shelf crawl, price that has not been updated, missing tags and so on. Such errors could lead to unhappy customers who feel like you are overcharging them compared to the price that is indicated on the shelf. Or when the price is too high, it could mean lower taxes as well as excess inventory.  When you start using electronical labels, they can eliminate these issues by ensuring price integrity in your retail store.

Another important benefit that you can get as a result of using electronic shelf labels is channel synchronization. With electronic labeling system, the price on your store shelf will be the same as the price on your mobile app, online and across other locations. As a result, both your online and offline channels will be synchronized to ensure a unified experience for your customers no matter how they engage with you.

Last but not least, ESLs can lead to improved productivity. In the retail business, price changes usually come in large batches throughout the week. This can lead to staffing problems and require employees to use a lot of time on tasks that they consider boring. Electronic labels can help you improve your staff location and ensure that employees are doing what matters – engaging and serving customers.

For more information on the benefits of electronic shelf labels, visit our website at https://solumesl.com/

 

The Benefits Of Digital Price Tags

Do you still make use of paper price tags in your business? If you do, it is about time you started using digital price tags. The digital labelling system will make operations in your retails shop more efficient. Manually-driven processes such as updating and installation of price labels are susceptible to human error. Not only do they result to added inaccuracies in your inventories, but they also have a possible negative impact on the relationships you have with your customers and partners.

There are various ways that you can benefit from using the digital price tag system. First of all, these price tags can be used as data gathering and analysis applications.  Advancements in digital labels give them a feature that goes beyond just being mere product labels or price tags. Electronic labels can be equipped with sensors that allow retail store managers and operations staff to monitor temperature and humidity of particular sections in the facility, ensure accurate monitoring and management of inventories, big data analysis, and many other applications.

The digital price tags use wireless connectivity and intuitive systems that are effective enough to feature scheduling capabilities, such as updates in product and pricing information at a predefined data and time. With these price tags, you can update hundreds or even thousands of labels in a matter of seconds.  You cannot imagine doing the same when you ae still using a paper-based system. ESLs enable multiple updates on labels in real-time or on a scheduled basis.

Digital price tags can also be used as information pushing applications. In the retail environment, these labels can be a good advertising tool where consumers can get information on special promotions or discounts directly from the price tag itself. This can help increase revenue generation.

 For more information on the benefits of digital price tags, visit our website at https://solumesl.com/

 

The Benefits Of Electronic Price Tags

If you are still skeptical about using the electronic price tag system in your business, rest assured that it is something that can benefit you in many different ways. You investment in the electronic labels will be totally worth it if you use the best ESL brand. The following are some of the benefits that the electronic labels provide over the paper labels.

First and foremost, the electronic price tags can help with tracking customer movements and patterns. Movement sensors can be installed in the electronic labels easily and at a relatively cheaper cost.  These sensors can truck all customer movement and traffic in your retail store and provide a virtual heat map of your retail area.

Understanding the traffic in your retail store can benefit you in a number of ways. It can help with product placement, aisle layout, promotional areas and displays and so on.  Moreover, you can see how many people passed by certain products in your store without making a purchase. In case you have slow moving products in a high traffic area, you can change the price or switch them out.

Another benefit of using electronic price tags in your business is that they will show more information than the paper labels. More modern ESL technology displays more information on each label. You can show a whole lot more information than just the price of a product. Your electronic labels can also be used for displaying stock remaining, price per weight, nutritional facts, size as well as additional product information. You can add this information to the main label itself or you can print a QR which will be used for accessing additional information through your company’s app or website.

For more information on the benefits of electronic price tags, visit our website at https://solumesl.com/product/

 

The Benefits Of Digital Shelf Labels

If you still use paper labels in your retail business, you should consider switching to digital shelf labels. These electronic versions of price tags use e-ink for displaying prices and are connected to a computer database. They make it so easy to change in-store prices. The following are some of the benefits of these shelf labels.

First and foremost, using digital shelf labels can help save paper and plastic. Printing labels whenever you make price changes or replace a beat up label is a huge waste.  This is particularly true if you sell hundreds or thousands of different products in your retail shop. Plastic and paper labels are not only expensive, but they also add to more waste. When you start making use of electronic shelf labels, you will only need to purchase the labels once.  Nothing is thrown out, and prices will always be up to date.

Another benefit of digital shelf labels is that they are more accurate and can help save employees time.  Editing electronic pricing is a lot easier, and it is always more accurate. Employees do not need to waste their time making a lot of small changes around the store. When there is such tedious work, there are likely to be mistakes around your store. If you offer products at the price that they are listed instead of the actual price, just a small mistake can prove to be quite costly in the end. 

With digital shelf labels, changes can be made en masse in the back end.  A lot of mistakes can be fixed quickly. This is unlike making manual changes that can leave room for the same thing to happen again.  Because of this, your employees will spend their time much better helping customers than tending to price labels.

For more information on the benefits of digital shelf labels, visit our website at https://solumesl.com/

A Look At The Benefits Of Digital Price Tags

Using a digital price tag system is one of the things that you should consider doing if you want to make it in today’s retail environment. There are so many things that the digital tags can do. First of all, they can help improve customer service in your business. Findings from a study that was conducted by KPMG found that over 60 percent of shoppers believe that a store with electronic shelf tags provides better customer service compared to stores without these tags.

The reason why digital price tags help in improving customer service is because of the sophisticated technology that they bring to a store. Just having these electronic price tags enhances consumer perception of both price and accuracy.  The digital shelf labels also allow your store to share important product information, something that gives you the ability to view your savings. They also offer options for customers to engage with labels using their smartphones in the store’s aisle.

Another reason to use the digital price tag system is that it can help prevent showrooming. Showrooming is a phenomenon that a lot of brick and mortar retailers are currently experiencing. It is where shoppers browse for items in store but decide to make a purchase online where there are cheaper outlets.

Digital price tags allow more dynamic pricing for retail businesses. Making changes to prices is remarkably easy. You can keep an eye on online prices and then quickly make adjustments in your store as required.

This technology is still very new, and only the largest retail businesses are making use of dynamic pricing.  Some retailers are reluctant to use this technology with the fear that it can drive shoppers away. But it is an intriguing possibility as well as a glimpse into some of the future power that digital price tags can include.

For more information on the benefits of digital price tags, visit our website at https://solumesl.com/

The Benefits Of Digital Price Tag Technology

If you have not yet embraced the idea of digital price tags in your retail business, rest assured that you are missing out on a lot of benefits. Any retailer business owner that is already using this technology will tell you that it has a lot of benefits. Modern digital labels use only e-paper displays and radio communication, and they can display a whole lot more information than just the price. The following are some of the benefits that you will get from using the digital price tag technology in your business.

One of the important benefits of digital labels is that they are more accurate.  It is easier to edit electronic pricing, and it is also more accurate.  With this technology, employees in your retail store will not have to waste their time making small, countless changes around the store. Changing pricing information manually is tedious work that may inevitably lead to mistakes in pricing around your store. If you offer products at the price that they are listed instead of the actual price, even a small mistake can prove quite costly in the end.

When you switch to the digital price tag technology, changes can be made en masse from the back end. If any mistakes are found, they can be fixed just as quickly. This is unlike paper updates that require manual changes that leave room for the same thing to happen again in future. The employees in your retail store will spend their time much better by helping your customers instead of focusing too much on price labels. Since there will be more mistakes in pricing information when you start using digital price tags, customer complaints regarding the cost of the products that you are selling will reduce.

For more information on the benefits of digital price tag technology, visit our website at https://solumesl.com/

A Look At The Benefits Of Digital Price Tags

Many business people nowadays are taking advantage of digital price tags to ensure the price of the items that they are selling is right. Electronic shelf labels provide easier asset tracking.  The following are some of the benefits that you will get if this technology is implemented properly in your business.

First of all, making use of digital price tag technology can reduce human errors while scanning. Most manufacturing plants rely on barcode scanning for tracking components while moving through the production. After the steps are completed, workers are supposed to scan the traveler documents in order to move the products and the related paperwork to the next phase. As this process is human-driven, it is prone to mistakes and can slow things down.

When you make use of digital price tags, you can minimize these. ESL makes it possible to update components location as soon as they arrive. Additionally, updates can be made once the product and paperwork leave a station, something that empowers an organization’s Enterprise Resource Planning and leads to a better understanding of operations as well as consistent awareness of component location. ESL can also help employees save valuable time by diminishing search time.

Another important benefit that you can get from digital price tags is price optimization.  You can use price optimization algorithms to adjust the prices that your shoppers pay based on supplier prices, buying practices and more. ESLs make it possible for you to make immediate price changes depending on recommendations from you big data system in order to boost revenue and enhance performance.

Last but not least, using digital price tags can promote price agility. When you use paper tags and have thousands of products to update, it can be challenging to complete price changes effectively. ESLs make it possible for you to update prices and promos on any number of products in a matter of seconds.

For more information on the benefits of digital price tags, visit our website at https://solumesl.com/