A Look At The Benefits Of Electronic Price Labels
                     A LOOK AT THE BENEFITS OF 
ELECTRONIC PRICE LABELS
A Look At The Benefits Of Electronic Price 
Labels
■ As a retailer, you are probably looking for techniques that your retail 
business can use to minimize cost and also maximize profits; what is 
referred to as margin management. One of the things you should consider 
is electronic price labels. If implemented properly, these labels can help 
improve your margins. The following are some of their benefits.
A Look At The Benefits Of Electronic Price 
Labels
■ One of the benefits of the electronic price labels is accurate, reliable 
pricing. If you still use paper price tags, it could mean frequent as well as 
costly errors because of shelf crawl, missing tags or pricing that has not 
been updated. Such things can lead to unhappy customers who may feel 
like they have been overcharged compared to the price that indicated on 
the shelf. Or, when the price is too high, it could mean lower sales as well 
as excess inventory. The electronic price labels can eliminate these issues 
by ensuring price integrity.
A Look At The Benefits Of Electronic Price 
Labels
■ Another benefit of using ESLs in your retail business is channel 
synchronization. With the electronic labels, the price on your store shelf 
is the same as the price online, the price on your mobile app, as well as 
the price across multiple locations. This helps to keep your online and 
offline channels synchronized, something that ensures a unified 
experience for your customers regardless of how they engage with you.
A Look At The Benefits Of Electronic Price 
Labels
■ Last but not least, the electronic price labels can lead to improved 
productivity. In most retail stores, price changes come in large batches 
throughout the week, something that results into staffing problems and 
requires employees to spend a lot of time on a task that most of them find 
boring. With the ESLs, you can improve your staff allocation and use 
your employees for handling what matters the most - engaging and 
serving your shoppers.
A Look At The Benefits Of Electronic Price 
Labels
■ For more information on the benefits of electronic price labels, visit our 
website at https://solumesl.com/