Uploaded on Oct 28, 2020
The Benefits Of Using Electronic Retail Shelf Price Tags
The Benefits Of Using Electronic Retail Shelf Price Tags
The Benefits Of
Using Electronic
Retail Shelf
Price Tags
SOLUM ESL EU
The Benefits Of Using Electronic Retail Shelf
Price Tags
If you are not yet using electronic retail shelf price tags in your business, rest
assured that you are missing out on a lot of benefits. The electronic shelf tags
can be of great help when it comes to margin management. They can help you
minimize the cost of running your business, maximize profits, and gain an edge
over your competitors.
The Benefits Of Using Electronic Retail Shelf
Price Tags
So what exactly are the advantages of using electronic retail shelf price tags in
your business? The first benefit is price agility. If you still use the paper-based
system, managing price changes might be a tedious and challenging task
especially when you have thousands of products that need to be updated
immediately. With electronic labels, your team can update prices and promos on
many products in just a few seconds.
The Benefits Of Using Electronic Retail Shelf
Price Tags
Another advantage of using electronic retail shelf price tags is decreased
inventory shrinkage. Paper price tags can be easily moved or fall off. Because the
electronic tags are affixed more securely to the shelf edge, it is very easy to spot
inventory stock outs and ensure that you comply to the planogram. This means
that products can be easily replaced or discounted before they expire to avoid
complaints from customers and reduce shrinkage.
The Benefits Of Using Electronic Retail Shelf
Price Tags
Last but not least, using electronic retail shelf price tags means that you will have
access to environmental data. There are some ESL devices which feature sensors
for detecting additional information, such as temperature, and alert you if the
refrigeration levels are reaching threatening levels. With this information, you
can fix the problem before it leads to spoiled products as well as reduced profit
margin. This is something that cannot be done with the paper labels.
The Benefits Of Using Electronic Retail Shelf
Price Tags
For more information on the benefits of using electronic retail shelf price tags,
visit our website at https://solumesl.com/
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