The Benefits Of Using Digital Price Tags From The Best ESL Brand

If  there is one thing that you can never go wrong with as a retail business owner, it is investing in electronic labels from the best ESL brand. These labels can help you minimize cost and  maximize profits. They have a lot of  benefits compared to paper labels,  and you are going to wish you invested in them earlier once you start experiencing these benefits.

So how exactly can you benefit from using electronic shelf tags in your business? First of all, the ESLs can ensure accurate and reliable pricing. Paper labels can mean frequent and costly errors because of  missing tags, shelf crawl as well as pricing that has not been updated.  This can lead to unhappy shoppers because they will feel like you are overcharging them compared to the price on the shelf. Where the price is too high, it can mean lowers sales as well as excess inventory. The electronic price tags can eliminate these issues by ensuring price integrity.

 Another benefit that you can get as a result of using digital labels from the best ESL brand  is channel synchronization.  With the digital  price tags,  price on your store shelves will be the same as the price online, on your mobile app,  and across multiple locations. This will help keep your online and offline channels synchronized,  something that will in turn ensure a unified experience for shoppers regardless of how they choose to engage with you.

Last but not least, using electronic shelf labels can lead to improved productivity.  In some retail stores, prices changes  come in large batches throughout the week,  something that results into staffing problems and forces employees to spend a lot of time on tasks that they consider boring. ESLs can prevent this and improve the productivity of your business.

For more information  on the benefits of using  digital price tags from the best ESL brand, visit our website at https://solumesl.com/newsflash-solum-is-updating-its-brand-identity/

 

 

The Benefits Of The Self-Service Cash Register System

If you have a retail business, you should consider switching to a self-service cash register  if you still use the traditional staffed tills. The self-service system is simply more efficient and  it can help improve profitability in your retail store. The following are some of the reasons why a self-service cash register is beneficial.

First of all, with the self-service system,  you will have shorter queues in your retail store. A self-service checkout allows more customers to be served in a shorter period of time.  The end result of this is more purchases  in the same time frame. Since a cashier does not need to  manually through the product numbers in order to  find the right price, the self-service cash register  handles  purchases much faster. The self-service tills are not dependent on the human factor,  and shorter queues mean happier customers that will probably want to come back to your store.

Another important benefit of using the self-service cash register system is in-store productivity. A self-service check out is much simple to keep clean and tidy. You can use the time saved to create a more pleasant as well as welcoming store environment.

The self-service cash register system is also great because customers like it. Not many customers like the idea of chatting with others when they are out shopping. With self-service check outs, customers  can complete their visit to your store while listening to an audio book, chatting on the phone or just relaxing after a long day of work.

Last but not least, using self-service checkouts means fewer losses.  In most stores, 30 to 50 percent of all losses are due to theft or the human factor.  A self-service till can reduce or eliminate this because there will no longer be cash handling risks, such as miscalculations in the float, theft or fraud.

For more information on the benefits of the self-service cash register system, visit our website at https://solumesl.com/how-to-implement-self-checkout-system-in-your-retail-business/

 

The Benefits Of Smart Price Tags

If you are looking for ways to minimize cost and maximize profits in your retail business, one of the things you should consider is implementing smart price tag technology.  The smart price tags can help improve your profit margins and gain an edge over your competitors. They have a lot of benefits compared to the paper price tags.

So how exactly can you benefit from using smart price tag technology in your business? One of the benefits of this technology is that it can help improve customer service in your business. According to  a study that was conducted by the audit firm KPMG,  more than 60 percent of shoppers believe that a store  with electronic price tags  provides better customer service compared to a store that uses paper labels.

This  could be because of  the sophisticated look that the electronic price tags bring to  your store. Just having ESLs in your store enhances the customer perception of price accuracy. These price tags also enable you to share important product information, give the customers the ability to view their savings,   and provide options for consumers to engage with the smart tags  via smartphones or tablets in your aisle.

In  the current retail environment, profitability  heavily relies on efficient purchasing  and merchandising along with methods for improving store operations as well as  customer experience. The smart price tags allow product positioning in real-time.  They are the core of any successful business strategy for retailers as well as  the digital future of stores.

The best part about the smart labels is that you only  need to buy them once. They can help you save the money that you spend on buying paper labels over and over again.

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

Benefits Of Using Electronic Shelf Labels In Your Retail Business

Investing in electronic shelf labels is something that you should definitely consider if you  are a retailer and you still use paper or plastic labels. These labels have a lot  of benefits, but the most important ones are the ability to engage in real-time dynamic pricing in-store and build an omnichannel experience that can help enhance customer loyalty.

 Perhaps the most innovative aspect of these labels  is the fact that they can help  your retail store prevent showrooming. This is something that many brick and mortar retailers are currently facing where customers are browsing for items in the retail stores but making purchases online where they can find cheaper outlets.

The electronic shelf labels  allow for more dynamic pricing for retail businesses. Making changes to prices is remarkably easy with this technology,  so retail business owners can keep  an eye on online prices  and quickly make adjustments in store.

Another benefit of using ESL technology is that it is so easy to track customer movements and patterns. Movement sensors can be installed  in the electronic shelf labels  and used for tracing all customer movement as well as traffic around your store. They can  provide you with a virtual heat map of your store.

 It is very important to  understand your in-store traffic in detail because it can help with product placement,  aisle layout as well as promotional areas and displays . Additionally, you can see the number of people who passed by a particular product but did not bother to purchase it. If a slow-moving product is in a high traffic area, you  can either change the price or switch it out.

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

 

Benefits Of Implementing Digital Price Tag Technology In Your Retail Business

 

When it comes to the things that you can do in order to improve operational efficiency and profitability in your retail business,  one of the things that you should  consider is investing in digital price tag technology.  Also referred to as electronic shelf labels, the digital price tags have a lot of benefits, one of them being sustainability through waste prevention.

 The ESLs are not only used as price tags, but  they can also find usage in a lot of areas where paper or plastic labels are used.  These labels are available in a wide range of sizes to best fit individual needs. For instance, in industrial applications, they can be used to label boxes during transport or serve as digital signage for management of rooms.

 The digital price tags are the ideal solution to digitize your processes. Therefore, they help in reducing  the environmental impact on paper waste, especially in the areas where a relatively high  information update frequency is applicable. Moreover, the ESLs speed up  information distribution and provide new interactivity faces, such as BLE or NFC technology.

Apart from  the obvious paper waste reduction because of the reusability of tags,  there are additional waste reduction aspects you get when using ESL systems. The contributing factors here include less error margins, better stock management,  more price updates as well as the ability to quickly adjust to external influences such as weathers, news or stocks.

Another strong point about digital price tag  technology is the additional data that can be collected using the digital price signage. This data can prove to be very useful when it comes to further optimizing stock and managing waste  in your retail business.

For more information on the benefits of implementing digital price tag  technology in your retail business, visit our website at https://solumesl.com/en

 

Benefits Of Electronic Price Tags

Investing in digital price tags is one of the things that you can do in order to increase operational efficiency and profitability in your business. It is a technology that a lot of retailers have already embraced, and it is something that you can without doubt benefit from provided that the implementation is done properly.

One of the benefits of using electronic price tag technology is the ease with which product prices can be updated. Displaying an already  outdated price can cause immediate  loss of trust towards  customers, which is something you do not want especially if you are a small  business trying to establish yourself in today’s economy. Electronic price labels make it possible to confront these needs with a lot of precision, flexibility as well as  productivity.

Changing traditional paper labels takes up to three minutes, which quickly adds to several hours of work for an entire retail store. Apart from the slower price implementation, higher probability of error and increased cost, the paper labels can also cause significant  wastage in your store. Because of the short response,  the ESLs can be updated easily during business hours without the risk mismatching a shelf and cash register price, something that can help reduce complaints.

Another benefit of  digital price tags is that they show more information. More modern ESL technology does not display just price. You can show a whole lot other information on the price tag, such as additional product information, size, nutritional facts, stock remaining  and price per weight.  This information can be added to the main label itself  or a QR can be printed and used for accessing the additional information through your store’s website or app.

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