Benefits Of Implementing Digital Price Tag  Technology In Your Retail Business
                     BENEFITS OF IMPLEMENTING 
DIGITAL PRICE TAG  
TECHNOLOGY IN YOUR RETAIL 
BUSINESS
Benefits Of Implementing Digital Price Tag  
Technology In Your Retail Business
◦When it comes to the things that you can do in order to improve operational 
efficiency and profitability in your retail business,  one of the things that you 
should  consider is investing in digital price tag technology.  Also referred to 
as electronic shelf labels, the digital price tags have a lot of benefits, one of 
them being sustainability through waste prevention.
Benefits Of Implementing Digital Price Tag  
Technology In Your Retail Business
◦The ESLs are not only used as price tags, but  they can also find usage in a lot 
of areas where paper or plastic labels are used.  These labels are available in a 
wide range of sizes to best fit individual needs. For instance, in industrial 
applications, they can be used to label boxes during transport or serve as 
digital signage for management of rooms. 
Benefits Of Implementing Digital Price Tag  
Technology In Your Retail Business
◦The digital price tags are the ideal solution to digitize your processes. 
Therefore, they help in reducing  the environmental impact on paper waste, 
especially in the areas where a relatively high  information update frequency 
is applicable. Moreover, the ESLs speed up  information distribution and 
provide new interactivity faces, such as BLE or NFC technology.
Benefits Of Implementing Digital Price Tag  
Technology In Your Retail Business
◦Apart from  the obvious paper waste reduction because of the reusability of 
tags,  there are additional waste reduction aspects you get when using ESL 
systems. The contributing factors here include less error margins, better stock 
management,  more price updates as well as the ability to quickly adjust to 
external influences such as weathers, news or stocks. 
Benefits Of Implementing Digital Price Tag  
Technology In Your Retail Business
◦Another strong point about digital price tag  technology is the additional data 
that can be collected using the digital price signage. This data can prove to be 
very useful when it comes to further optimizing stock and managing waste  in 
your retail business.
Benefits Of Implementing Digital Price Tag  
Technology In Your Retail Business
◦For more information on the benefits of implementing digital price tag  
technology in your retail business, visit our website at https://solumesl.com/