Over the past ten years, pricing strategies have undergone a remarkable transformation, thanks to the advent and evolution of electronic pricing technologies. Farewell to Static Price Tags: Gone are the days of manually changing price tags and wrestling with paper labels. Electronic pricing has bid farewell to the static world of traditional pricing methods. In… Continue reading The Evolution of Electronic Pricing: A Decade of Transformative Changes
Category: Time and Money
Unraveling the Cost of Electronic Shelf Labels (ESLs): A Practical Guide
If you’ve ever wondered about the cost of implementing ESLs in your store, you’re in the right place. Let’s explore the factors that influence ESL pricing and give you a practical understanding of the investment required. Scalability and Store Size: The cost of ESLs can vary depending on the size of your retail establishment and… Continue reading Unraveling the Cost of Electronic Shelf Labels (ESLs): A Practical Guide
The Future of Retail: Electronic Shelf Labels
In the rapidly evolving retail landscape, technology plays a pivotal role in shaping customer experiences and operational efficiencies. Among the innovative solutions revolutionising the sector, Electronic Shelf Labels (ESLs) stand out as a game-changer. As we delve into the future of retail, it’s clear that ESLs are not just a trend but a fundamental shift… Continue reading The Future of Retail: Electronic Shelf Labels
Paperless saves time and money, why retail needs to upgrade to electronic shelf labels
The retail industry is currently facing numerous challenges, from inflation to unpredictable shopping patterns brought on by the Covid-19 pandemic. These factors are affecting various stages of the product lifecycle, including buying, allocation, ranging, assortment, replenishment, and markdowns, resulting in reduced margins. In response, retailers are turning to electronic shelf labels (ESLs) to tackle the high cost of labour, which has become more pressing due to the shortage of available workers.