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/