Uploaded on Jul 31, 2020
If you have a retail business, you probably already know that in today’s work environment, profitability largely relies on the efficient purchasing and merchandising along with ways that help improve both store operations and shopper experience. One of the things than you can do to achieve this is using electronic shelf labels. This labeling system provides real-time product positioning. The ESLs are the core of any successful strategy for retail businesses as well as the digital future of stores everywhere. For more information on the benefits of electronic shelf labels, visit our website at https://solumesl.com/
Important Benefits Of Electronic Shelf Labels
Important Benefits Of Electronic
Shelf Labels
Important Benefits Of Electronic
If you have a retail bSushineessl,f y oLua pbrobealbsly already know that
in today’s work environment, profitability largely relies on the
efficient purchasing and merchandising along with ways that
help improve both store operations and shopper experience.
One of the things than you can do to achieve this is using
electronic shelf labels. This labeling system provides real-time
product positioning. The ESLs are the core of any successful
strategy for retail businesses as well as the digital future of
stores everywhere.
There are quite a number of benefits of using electronic shelf
labels. One of them is price optimization. The price
optimization algorithms that ESLs use allow retailers to adjust
the prices of their shoppers depending on various things,
including supplier prices, buying prices and much more.
Important Benefits Of Electronic
The electronic shelf lSabheliengl fs yLstaemb aellolwss for immediate
price changes based on recommendations from a big data
system in order to boost revenue and growth of your business
and enhance your profit margins.
Another important benefit that you can get as a result of
using electronic shelf labels is price agility. Changes in price
are often time-critical. If you still use paper tags and have
thousands of products to update, it can be very challenging
or even impossible to complete this task effectively. When
you use ESLs, they can allow your team members to update
promos and prices on any number of products in a matter of
seconds.
Important Benefits Of Electronic
Last but not least, usSinhg eelelcft roLnaic bsheelfl slabels can lead to
decreased inventory shrinkage. The problem with paper
labels is that they can fall off easily or be removed. Since the
electronic shelf labels are affixed more securely to the shelf
edge, it is easier to spot inventory stock outs and make sure
that there is compliance to the planogram.
For more information on the benefits of electronic shelf
labels, visit our website at https://solumesl.com/
Important Benefits Of Electronic
Shelf Labels
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