What is an ESL System? - PowerPoint PPT Presentation

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What is an ESL System?

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SOLUM has a wide range of powerful ESL products to help digitize your retail operations and give you a competitive edge. For more information about Aims, Newton TOUCH, and our products, feel free to reach out to us. – PowerPoint PPT presentation

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Title: What is an ESL System?


1
Shelf Labeling 101 What is an Electronic Shelf
Label?
  • Electronic Shelf Labels bring many benefits to a
    store's operations, and if you're having second
    thoughts on applying it to your store's shelves,
    maybe all you need is a little more information.

2
What is an Electronic Shelf Label?
  • To simply put it, electronic shelf labels, or
    also known as digital price tags, are digital
    wireless display systems that retail stores use
    to show product prices. Typically, ESLs are
    attached to the front edge of retail shelving.
    Once you apply ESL to your shelves, it will be
    directly connected to your store's ERP and POS to
    reduce pricing management labor costs, improve
    pricing accuracy, and enable dynamic pricing.

3
Usage of Electronic Shelf Labels
  • Throughout the years, automation was embraced by
    the retail sector and has been proven to be
    beneficial for retailers, which led to the
    adoption of electronic shelf labels across all
    retail stores, such as appliance stores,
    convenience stores, department stores, and
    supermarkets. The use of digital shelf labels has
    reduced labor by enabling stores to implement
    dynamic pricing solutions and remove manual
    operations.

4
Why Should Your Business Use Electronic Shelf
Labels?
5
Enable Dynamic Pricing
  • As mentioned, one of the top benefits that
    electronic shelf labels provide is dynamic
    pricing.
  • Dynamic pricing is the ability to set flexible
    prices based on current market demands.
  • Unlike using paper labels, all you can do is
    change the pricemanuallyand that's it!
  • With the help of dynamic pricing, your business
    can keep up with the latest market trends and
    competitor pricing, helping your sales grow up in
    times of slow product movement. By leveraging
    dynamic pricing, your store can also raise
    product prices to maximize margins when there's
    an opportunity.

6
Enhance Omnichannel Presence
  • Does your store both have a physical and digital
    presence? Then that means your business is
    capable of providing an omnichannel experience to
    customers.
  • ESLs enhance your omnichannel presence by letting
    you interact with your customers in a handful of
    ways, such as
  • Displaying stock levels informing customers
    whether the supply is limited.
  • Displaying online prices of competition adds
    credibility when you say you have the best price.
  • Enabling ordering with QR codes customers can
    order from your online store when your physical
    shelf runs out of stock.
  • Display reviews of products lets customers can
    understand what others like or dislike about a
    product.

7
Reduce Operational Cost
  • You will see significant savings in labor and
    materials costs when you take advantage of ESL's
    features in time.
  • With paper labels, too many papers, ink,
    printers, and employees' time are required to
    display a single product price. But digital price
    tags allow staff to make a change from the POS to
    update thousands of labels on store shelves in a
    few minutes. Plus, they'll have more time
    focusing on customer service.

8
Easier Management of Inventory
  • Digital shelf labels also make inventory
    information digital. Your store's associates can
    better locate where stock needs to go, improving
    replenishment and returns. ESL can also connect
    your inventory data to your online store, so you
    can easily manage order fulfillment through your
    store's website.

9
Targeted Advertising
  • One great feature of ESL is letting your business
    implement better advertising campaigns. ESL's
    advanced, engaging displays can connect with
    smart consumers and send precise, targeted
    promotions to your patrons based on past
    purchases, search engine histories, and social
    media activities.

10
SOLUM Electronic Shelf Labels
  • Now that you are fully aware of ESL's
    capabilities, its time to explore the best and
    newest ESL version!
  • Our ESL offers electronic shelf labels that are
    now empowered by the all-new Newton system that
    enables your shelf labeling system to do a lot
    more than just display prices. Newton Electronic
    Shelf Label comes along with upgraded features
    that ordinary ESLs don't provide
  • Ten years of battery life
  • Faster update speed 8-10 times more quickly!
  • Display more information up to 7 pages!
  • 7 LED colors
  • Two programmable buttons
  • NFC capability
  • IP67
  • Customizable design

11
  • With our electronic shelf labels, elevate your
    store's capabilities to open more possibilities.
  • If you own a retail store, you might have already
    heard of electronic shelf labels. This innovation
    is taking over the retail universe, one store at
    a time.
  • ESL brings many benefits to a store's operations,
    and if you're having second thoughts on applying
    it to your store's shelves, maybe all you need is
    a little more information.
  • If you want to know more about our ESL solutions,
    contact us today or visit www.solumesl.com.
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