Uploaded on Jul 29, 2020
When it comes to the things that you can do in order to improve the profit margins in your retail business, one of the things you can do is switching from paper tags to the electronic shelf label system. We live in an era where profitability in the retail environment heavily relies on efficient buying and merchandising along with ways that are geared towards improving store operations as well as shopper experience. ESLs can be of great help because they provide real-time product positioning. For more information on the advantages of the electronic shelf label system, visit our website at https://solumesl.com/
The Advantages Of The Electronic Shelf Label System
The Advantages Of The Electronic Shelf Label System The Advantages Of The Electronic Shelf Label System When it comes to the things that you can do in order to improve the profit margins in your retail business, one of the things you can do is switching from paper tags to the electronic shelf label system. We live in an era where profitability in the retail environment heavily relies on efficient buying and merchandising along with ways that are geared towards improving store operations as well as shopper experience. ESLs can be of great help because they provide real-time product positioning. So how exactly can electronic shelf labels help you? One of the things that this labeling system can do is lead to decreased inventory shrinkage. Paper tags can fall off or be moved easily. The Advantages Of The Electronic Shelf Label System Since electronic shelf labels are affixed to the shelf edge more securely, it is so much easier to spot inventory stockouts and make sure that there is compliance to the planogram. This means that products can be discounted and replaced before they go bad in order to avoid customer complaints and reduce inventory shrinkage. Another advantage of the electronic shelf label system is that you can have access to environmental data. Some electronic labeling devices have sensors for detecting additional information, like temperature, and give a warning when the refrigeration levels reach dangerous levels. This makes it possible for you to fix the problem before products go bad or the profit margin reduces. The Advantages Of The Electronic Shelf Label System Last but not least, electronic shelf label system will lead to improved customer service. According to a study that was conducted by KPMG, 64% of shoppers believe that a store with electronic shelf labels provides better customer service compared to a store that uses paper labels. The improvement in customer service is due to the sophisticated technology that ESLs bring to retail stores. For more information on the advantages of the electronic shelf label system, visit our website at https://solumesl.com/ The Advantages Of The Electronic Shelf Label System
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