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If you are looking for techniques that you can use to minimize cost and maximize profit in your retail business, one of the things you should consider is using digital shelf labels. A wide variety of retailers, including top global department stores, drug stores and supermarkets, are already using this technology. What is more, the electronic shelf labels market is growing very quickly. Among the benefits that you can get from implementing digital labels in your business include dynamic centralized pricing, automated inventory management, and in-store heat mapping.
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f you are looking for techniques that you can use to minimize cost and maximize profit in your retail business, one of the things you should consider is using digital shelf labels. A wide variety of retailers, including top global department stores, drug stores and supermarkets, are already using this technology. What is more, the electronic shelf labels market is growing very quickly. Among the benefits that you can get from implementing digital labels in your business include dynamic centralized pricing, automated inventory management, and in-store heat mapping.
When you decide to roll out digital shelf labels in your business, there are various factors you will need to consider. One of them is cost. The cost effectiveness of an electronic shelf label system is definitely a very important thing to consider. In order to get a feel of whether the system you are considering presents an economically prudent option, you should compare your initial investment in the ESLs with your existing relabeling costs, which can quite huge for high-end inventory stores. You should also consider the ongoing maintenance costs of the digital shelf labelling system you are considering and how long various types of low-power devices can actually last
Another factor you need to consider when you decide to implement digital shelf labels is your store layout. The RF signals should be able to reach every label in the store in order to ensure accurate pricing, but this can be challenging if there are physical barriers in the way. If you are in the retail business, for example, you need to make sure that the ESL’s system RF hardware can be able to transmit signals with enough power so as to penetrate glass and steel refrigerators.
For more information on what to consider when implementing digital shelf labels, visit our website at https://solumesl.com/