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Smart Retail ESL
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The introduction of ESL in stores enables both cost savings and increased revenue
- ESL saves time on tasks, allowing for more value-added activities through faster price updates
(Average time for replacing paper price tags: 3 to 9 hours | Average time for updating ESL prices: 1 to 30 minutes) - Minimizing pricing errors helps prevent losses and customer disputes before they occur
(Current paper price tag error rate: 3% to 5% on average) - Replace POP ads, run real-time ads, and schedule ads
- Prevent customer churn through real-time online price comparison and synchronization
- Leverage big data to offer various promotional services, boosting revenue through Dynamic Pricing
- Real-time inventory visibility across all stock locations, including warehouse stock, sales stock, shelf stock, and cart inventory
- Personalized services powered by UWB featuresincluding digital coupons and loyalty program