Using every square foot of space for sales can be a challenge. The larger variety of products you have, the more complicated space management can become. One business that would certainly have this challenge would be a bookstore. Using that as our example, you can see how maximizing a display space can be an obstacle, but an important part of maximizing sales.
Whenever fragile items are sent, every sender or packager wants to ensure that breakages do not take place at all. Unfortunately, this can only be possible in a perfect world and it becomes pretty difficult to keep all items 100% safe. Acrylic trays are very common items which are being shipped on a regular basis, and care must be taken to ensure that these are not broken during transport of any form.
Investing in checkpoint tags for loss prevention is a wise thing for any company. Security tags help ensure that customers are paying for your products, not just walking out the door with them. Once you install surveillance antennas and place the security tags on all the merchandise you need to take time to educate and train your staff on how they should deal with an attemped theft situation.
There are 6 ways that electronic shelf labels can help retailers manage inventory levels in the store. By Eileen Keehan
Maintaining inventory levels is the lifeblood of the retail industry: Too much inventory leads to overstocks and too little inventory leads to out-of-stocks. According to the IHL Group, overstocks and out-of-stocks, or inventory distortion as the analyst firm refers to it, cost retailers close to $1.1 trillion a year globally.
Multi-channel retail is making your products available for purchase using more than one outlet: common multi-channel would include online platforms such as your website, Amazon, Facebook, eBay, Etsy, and offline channels such as a brick-and-mortar store, pop-up stores at Farmers Markets, sporting or music venues and other physical outlets.
Do you want your store to become part of the "New Brick and Mortar Retail Age" or would you prefer to be left behind? If you would prefer to prosper, and not be left behind in this New Brick and Mortar Retail Age, Electronic Shelf Labels are for you.
The modern consumer demands more and is ever keen on initiatives by a retailer to enhance their shopping experience. An advanced solution to ensure shoppers always get the price right is to invest in the industry revolutionizing electronic shelf labels.
As most retailers can attest, perceived inconsistencies between the online and offline worlds can lead to customer dissatisfaction and ultimately lost sales. Consumers believe it’s not possible to receive the same promotion or rebate in-store as online. They also believe that prices are always lower online and inventory is more accurately portrayed online than in a physical store. These perceptions are among the reasons that consumers are increasingly bypassing the physical store in favor of shopping online. Brick and mortar stores must find a way to create seamless channel experiences in order to maintain customers’ desire for consistent in-store experiences and real-time product information.
Today more than ever the customer must be first, shopping should be an experience, pricing must be up to date and information abundant. Successful stores are doing what they can to create a customer-centric experience, deliver personalization and invest in any way to attract and keep shoppers. The question begs “How do I create an experience?” “How do I match an online store’s ability to update pricing quickly?” "How do I give customers the information needed to make an informed decision?”
Yes, that $2.75 coffee cup is $2.75. Not too sure about you but it irks me when I see a price that says $1.79 plus tax, and when I get to the register it is $1.99 plus tax. Most of the time businesses will let it pass as I may be remembering wrong or it is just not worth mentioning. If this happens often enough, I may consider shopping somewhere else, sure your customer feels the same way.
Validate your login