The Benefits of an Electronic Shelf Label System


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Uploaded on Apr 6, 2021

Category Business

The Benefits of an Electronic Shelf Label System

Category Business

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The Benefits of an Electronic Shelf Label System

THE BENEFITS OF AN ELECTRONIC SHELF LABEL SYSTEM The Benefits of an Electronic Shelf Label System ◦Whether or not to invest in an electronic shelf label system is a question that you may be asking yourself right if you have a retail business. Even though implementing an ESL system requires moderate initial outlays, if you are looking to cement a competitive advantage, you may find that such a system will save you significant time as well as money in the long run. The following are some of the potential benefits that you might gain from the adoption of electronic shelf labels. The Benefits of an Electronic Shelf Label System ◦First and foremost, an electronic shelf label system can promote automated inventory management. Inventory management can be a big challenge for people in the retail business, and automating this process can help you save a lot of money. You can integrate your ESL with sales management software to enable you to more accurately track low inventory levels and also gain instant insight into when new stock will be available. You can also configure the displays to show QR codes that take consumers directly to an online purchasing option. The Benefits of an Electronic Shelf Label System ◦Another benefit of investing in an electronic shelf label system is dynamic centralized pricing. When pricing in your retail store is centralized, all price points will controlled and adjusted using software on a central workstation. You will find this to be much more efficient, accurate as well as cost-effective as opposed to making manual price adjustments. The Benefits of an Electronic Shelf Label System ◦Of course, for you to realize these benefits and many more, the ESL system you will choose needs to be rolled out over the right technological foundation. Low power consumption is a necessary condition of ESL cost-efficiency, and the ESL system need to be scalable enough to incorporate hundreds or even thousands of connected nodes, all while ensuring effective communication throughout your retail store regardless of the size. The Benefits of an Electronic Shelf Label System ◦For more information on the benefits of an electronic shelf label system, visit our website at https://solumesl.com/