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.

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