The Advantages Of Newton Lite Technology - PowerPoint PPT Presentation

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The Advantages Of Newton Lite Technology

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Investing in Newton lite is one of the things you can do to streamline operations in your retail business. While this technology is still relatively new, retailers are embracing it slowly and slowly and liking it.   The smart price labels have many advantages compared to the paper labels. – PowerPoint PPT presentation

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Title: The Advantages Of Newton Lite Technology


1
The Advantages Of Newton Lite Technology
2
Investing in Newton lite is one of the things you
can do to streamline operations in your retail
business. While this technology is still
relatively new, retailers are embracing it slowly
and slowly and liking it.   The smart price
labels have many advantages compared to the paper
labels.
3
One of the advantages of the Newton Lite
technology is that it is more green and can help
reduce inventory loss. With this technology, 
making price changes is so quick,  and this can
help you move through product more quickly.  If
you notice that a certain  product is not moving
as you want, you  can adjust the prices to see if
there will be any difference.
4
With Newton Lite, adjusting promotional pricing
has never been easier, meaning that running
promotions as well as getting rid of slow stock
is also so easy with this technology. If you sell
perishable stock, you will find this technology
to be very important.  You will cut down on the
food produce that is wasted in your store by
using smarter pricing. This will not only save
you money, but it will also minimize waste.
5
Another advantage of  newton lite technology is
that it can help prevent showrooming, which is
something that is common in most brick and mortar
retail stores.  It is whereby shoppers are
browsing items instore but opting  to make
purchases online where they can find cheaper
outlets.
6
Since ESLs allow for more dynamic pricing for
retailers,  making changes to pricing information
is so easy. Retailers can keep an eye on online
prices and  quickly make adjustments in their
stores to make sure that shoppers do not look for
products that they are offering elsewhere.
For more information on the advantages of Newton
Lite technology, visit our website at
https//solumesl.com/
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