Uploaded on Oct 30, 2020
Benefits Of Investing In Smart Price Tag Technology
Benefits Of Investing In Smart Price Tag Technology
BENEFITS OF INVESTING
IN SMART PRICE TAG
TECHNOLOGY
SOLUM ESL
BENEFITS OF INVESTING IN SMART PRICE
TAG TECHNOLOGY
• If you are looking for ways to improve operations in your retail business
and gain an edge over your competitors, one of the things that you
should consider doing is investing in smart price tag technology. The
smart or electronic price tags have numerous benefits for retailers.
However, their greatest advantage is the ability to engage in real-time
dynamic pricing in-store and built an omnichannel experience that can
go a long way in enhancing customer loyalty.
BENEFITS OF INVESTING IN SMART PRICE
TAG TECHNOLOGY
• One of the important benefits of investing in the smart price tag
technology is the shelf edge influence. The shelf edge is without doubt
one of the most important sales influencers. Since a lot of purchases are
made at this point, you need to make sure that your pricing information
is ever accurate.
BENEFITS OF INVESTING IN SMART PRICE
TAG TECHNOLOGY
• With the paper based system, changing pricing information of products
is prone to human error. Changing the pricing information manually is
also a slow process, and by the time you finish re-labeling, chances are
the prices might have already changed online.
BENEFITS OF INVESTING IN SMART PRICE
TAG TECHNOLOGY
• When you start using smart price tags, making price changes will be a
lot easier, and you will be able to capture more sales at the shelf edge.
With these labels, you can react competitively to price changes, enable
instant promotions, track the promotions that are working and protect
margins on stock that is time-sensitive. It is also possible to create offers
based on where a specific customer is standing in your retail store with
just a few clicks.
BENEFITS OF INVESTING IN SMART PRICE
TAG TECHNOLOGY
• While the initial investment of smart price tag technology may seem to
be a bit higher compared to the paper-based system, you can save a lot
more in the long run because you will just purchase the smart price tags
ones.
BENEFITS OF INVESTING IN SMART PRICE
TAG TECHNOLOGY
• For more information on the benefits of investing in smart price tag
technology, visit our website at
https://solumesl.com/
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