Benefits of Electronic Shelf Label System

An electronic shelf label system is one of the digital ways of displaying the price of items on shelves. It usually incorporates a module that is placed on the shelves to display the prices and a server that controls the module. Unlike manual price tags which the price of items has to be manually changed, the price of the electronic module is changed by updating the details on the control servers. Electronic shelf label systems are hugely being used by large retailers that would find other means of shelf labeling rather inconvenient. The following are the benefits of an electronic shelf label system.

The first benefit of an electronic shelf label system is improved customer service. This is more visible for large retailers that deal with many products. In the absence of an electronic shelf label system, the retail employees would put more focus on updating the manual price tag. This is not only overwhelming but it can also be frustrating. The ripple effect of this is usually poor customer service. With an electronic shelf label system,  updating the price of items can easily be executed from the control server hence the focus can be shifted to consumers. For instance, customers can now be given more attention in regards to locating products within the retail.

Another benefit of an electronic shelf label system is pricing with agility. This is more useful especially for retailers that have several outlets dealing with the same products. In this case, changes made to the central control server will be reflected on all the visual modules in all the outlets of that particular retail. This is key in avoiding unintended price changes for the same products in different outlets as a result of human error in manual price labeling.

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

The Different Electronic Shelf Label Options You Can Use In Your Business

Electronic shelf labels (ESLs) are gaining popularity in most retail stores these days, and there are multiple ways that these retail stores and even warehousing facilities can use ESLs. For instance, the ESLs can be used as asset and location based service applications, data gathering and analysis applications, scheduling applications and information pushing applications. With such myriad ways in the application, it would come as no surprise that ESL solutions will also come in various forms, configurations, as well as features. Below, we look at some of the most popular electronic shelf label options that you can implement in your retail or warehouse operations.

First of all, ESLs can be used as freezer labels. In many retail stores, there is cold storage that can go down to harsh freezing temperatures. In such environments, ordinary paper price tags simply will not cut it. When you use ESL freezer labels, they will give you optimal performance in such special scenarios and environments, enabling real-time update of the information through their reliable wireless connectivity as well as intuitive displays. When ESL freezer labels are used in conjunction with sensor solutions, they can also be an additional failsafe particularly when monitoring critical temperature levels.

Apart from being used as freezer labels, ESLs can also be used as graphic labels. Probably the most common application for electronic shelf label solutions is their use as graphic labels for displaying product or item information. ESL graphic labels are available in various sizes and features on a fully graphical e-ink display that showcases information in black or white, or in black and white with yellow or red highlights for emphasis.

 For more information on the different electronic shelf label options you can use in your business, visit our website at https://solumesl.com/

Benefits Of Using Electronic Shelf Label System In Your Retail Business

If you are considering switching from paper price tags to electronic shelf label system in your retail business, rest assured that you have  made a step in the right direction.  Many retailers these days are embracing the ESLs because they have realized that they carry a lot of benefits. Even though there is the  notion that ESLs are expensive, you will realize that they are not when you start using them.

So, how exactly  can you benefit from using electronic shelf labels in your business? First of all, ESLs can lead to improved productivity. If your retail business has grown and expanded , you probably deal with price changes in large batches throughout the week. This can result into staffing problems and require employees to spend large amounts of time on tasks that most of them find boring. When you switch to ESLs, you can improve your staff allocation and make sure that your employees are doing what matters the most - engaging and serving your shoppers.

Another benefit of using electronic shelf label system is that it can lead to price optimization. Using price optimization algorithms, you  can adjust the prices that your shoppers pay based on their buying practices, supplier prices, and much more. When you switch from paper price tags to electronic shelf labels, you can make immediate price changes based on recommendations that you will get from your big data system to boost revenue and growth and also enhance profit margins. If you continue using paper labels, you could end up losing customers due to inability to make important price changes in your  retail store as quickly as possible.

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

The Benefits of Investing in the Electronic Shelf Label System

If you still used paper labels in your retail business, you should seriously consider switching to the electronic shelf label system. While paper labels have low initial investment costs, the problem is that you need to replace them on a daily basis, something that involves multiple consumptions of manpower, time, ink and paper.  For large retail businesses, such as supermarkets, the input cost is actually not low.

Even though the electronic shelf labels have a high one-time investment cost in the early stage, the advantage is that there is basically no need to replace the maintenance cost in the later stage. The use of the electronic shelf label has various advantages, including fast, accurate, flexible and efficient price adjustment, ability to perform data verification to prevent incorrect or omitted pricing, and the ability to synchronize with the background database and keep the same with the cash register and price inquiry terminal.

Electronic shelf labels also facilitate unified headquarters management, effective monitoring as well as reduction of management loopholes. With this type of labeling system, you can also effectively reduce man power, management costs material resources and other variable costs. The electronic shelf label system can also improve store image, customer satisfaction as well as social credibility.

The electronic price tags can realize remote one-click fast price change as well as synchronous price change of the same product in stores across the country, something that can reduce the labor costs as well as operating costs of retail stores. They can also implement a hierarchical management system, which can uniformly manage price tags at the headquarters.

With the electronic shelf label system, it will also be easy to manage price tags by region and store, which is suitable for retail stores such as national supermarket chains, large supermarkets, and national convenience stores that need to improve the efficiency of commodity price management.

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

 

 

The Benefits of the Electronic Shelf Labeling System

If you have decided to venture into retail business, one of the things you can do in order to be as successful as you want is using the electronic shelf labeling system. Electronic shelf labels are simply the “electronic” versions of the paper price tags which use e-ink to display prices and are connected to a computer database.  The following are some of the ways that you can benefit from using the ESLs in your business.

First of all, the electronic shelf labeling system can ensure accurate pricing across channels. The internet has completely transformed the way that people shop these days, and it is not uncommon for consumers to price check items while they are standing in a store. People can lose trust in your company very fast if the in-store prices do not align with the online display. Unfortunately, this is often the reality consumers encounter in most retail stores.

When you use electronic shelf labels, they can completely change that interaction. Since these labels provide one standardized pricing system, your customers will not be disappointed by price differences. Any online price change in-store, can reflect immediately.   The ESLs will also allow you to align your promotion prices, audit trails for the headquarter to check changes, and fix any errors in pricing. As a result, your prices will be accurate across the board and your customers will be able to see your optimal price.

Another benefit of using electronic shelf labeling system is the shelf edge influence. The shelf edge is without doubt one of the most important sales influencers. Since a lot of purchases in most retail stores are made at this point, you want to make sure your pricing information is accurate. With ESLs, price changes are so easy, and because of that you can capture more sales at the shelf edge.

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

The Benefits Of Using LED Labels In Your Business

If you have never considered using LED labels, it is something that you should definitely consider. Throughout the years, automation has been embraced by the retail sector, and it has been proven to be beneficial for retailers, something that has led to the adoption of electronic shelf labels across many retail stores, for instance convenience stores, appliance stores, supermarkets and department stores. Using LED labels in your business can reduce labor by allowing you to implement dynamic pricing solutions and remove manual operations.

There are various ways that you can benefit from using LED label technology in your business. First of all, it can help reduce operational cost.  You are going to experience significant savings in labor as well as materials costs when you take advantage of ESL’s features in time. If you continue using paper labels, too many papers, printers, ink, and employees’ time are needed to display a single product price. However, with the digital price tags, your staff can make a change from the POS to update hundreds or even thousands of labels on store shelves in a matter of minutes. Moreover, they will be able save more time focusing on customer service.

Another benefit of using LED labels in your retail store is easier management of inventory. Digital labels also make inventory information digital. The associates if your retail store can better locate where stock is supposed to go, improving replenishment and returns. The electronic labels can also connect your inventory data to your online store, and that way, you can easily manage order fulfillment through your store’s website. This is a technology that a lot of businesses have embraced, and so you will not regret implementing it in your business.

For more information on the benefits of using LED labels in your business, 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/