The Benefits Of Electronic Shelf Labels


Kongsunsolum

Uploaded on Aug 21, 2020

Category Business

When it comes to the things that you can do to streamline operations in your retail business and become more successful, one of the things that you should consider doing is making use of electronic shelf labels. The ESLs are increasingly being used to display product prices in retail stores. It is a technology that can benefit you in the following ways.

Category Business

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The Benefits Of Electronic Shelf Labels

The Benefits Of Electronic Shelf Labels Solum ESL The Benefits Of Electronic Shelf Labels  When it comes to the things that you can do to streamline operations in your retail business and become more successful, one of the things that you should consider doing is making use of electronic shelf labels. The ESLs are increasingly being used to display product prices in retail stores. It is a technology that can benefit you in the following ways. The Benefits Of Electronic Shelf Labels  First of all, using the electronic shelf labeling system promotes automated inventory management. For most retailers, inventory management is a major headache, and automating the process can provide a great deal of savings. The ESLs can integrate with sales management software that allows you to accurately track low inventory levels and get instant insight into when new stock is going to be available. Displays can also be configured to show QR codes which take consumers directly to an option for online buying. The Benefits Of Electronic Shelf Labels  Another thing benefit that you are going to get as a result of using electronic shelf labels is dynamic centralized pricing. All price points will be controlled and adjusted using software on a centralized workstation, which actively aligns with regional or corporate level pricing fluctuations. You will find this to be much more efficient, accurate as well as cost effective than doing price adjustments manually. With ESLs, it is possible to raise prices to match demand or lower them to match competitor’s prices. The Benefits Of Electronic Shelf Labels  Last but not least, electronic shelf labels provide in-store heat-mapping. When equipped with connectivity through technologies such as Bluetooth Low Energy beacons, these smart labels can track how consumers move through a retail store. You can then make use of label management software to produce a heat map for the floor plan of your retail store, and in turn reveal high traffic and log the products that they contain. The Benefits Of Electronic Shelf Labels  For more information on the benefits of electronic shelf labels, visit our website at https://solumesl.com/