Uploaded on Jan 7, 2021
Benefits Of Using Electronic Shelf Labels In Your Retail Business
Benefits Of Using Electronic Shelf Labels In Your Retail Business
BENEFITS OF USING
ELECTRONIC SHELF LABELS
IN YOUR RETAIL BUSINESS
Benefits Of Using Electronic Shelf Labels
In Your Retail Business
◦Investing in electronic shelf labels is something that you should definitely
consider if you are a retailer and you still use paper or plastic labels. These
labels have a lot of benefits, but the most important ones are the ability to
engage in real-time dynamic pricing in-store and build an omnichannel
experience that can help enhance customer loyalty.
Benefits Of Using Electronic Shelf Labels
In Your Retail Business
◦Perhaps the most innovative aspect of these labels is the fact that they can
help your retail store prevent showrooming. This is something that many brick
and mortar retailers are currently facing where customers are browsing for
items in the retail stores but making purchases online where they can find
cheaper outlets.
Benefits Of Using Electronic Shelf Labels
In Your Retail Business
◦The electronic shelf labels allow for more dynamic pricing for retail
businesses. Making changes to prices is remarkably easy with this technology,
so retail business owners can keep an eye on online prices and quickly make
adjustments in store.
Benefits Of Using Electronic Shelf Labels
In Your Retail Business
◦Another benefit of using ESL technology is that it is so easy to track customer
movements and patterns. Movement sensors can be installed in the electronic
shelf labels and used for tracing all customer movement as well as traffic
around your store. They can provide you with a virtual heat map of your store.
Benefits Of Using Electronic Shelf Labels
In Your Retail Business
◦It is very important to understand your in-store traffic in detail because it can
help with product placement, aisle layout as well as promotional areas and
displays . Additionally, you can see the number of people who passed by a
particular product but did not bother to purchase it. If a slow-moving product
is in a high traffic area, you can either change the price or switch it out.
Benefits Of Using Electronic Shelf Labels
In Your Retail Business
◦For more information on the benefits of using electronic shelf labels in your
retail business, visit our website at https://solumesl.com/fr/newton/
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