The Advantage Of Using Newton Color Labels In Your Retail Store - PowerPoint PPT Presentation

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The Advantage Of Using Newton Color Labels In Your Retail Store

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using the electronic shelf labels (ESLs) as part of their store promotions as well as ticketing solution. – PowerPoint PPT presentation

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Title: The Advantage Of Using Newton Color Labels In Your Retail Store


1
The Advantage Of Using Newton Color Labels In
Your Retail Store
2
Newton color labels are quickly becoming a viable
part of a ticketing strategy as retailers start
implementation across many industry segments. As
this technology matures and the hardware becomes
more affordable, a lot of companies are taking a
serious look at using the electronic shelf labels
(ESLs) as part of their store promotions as well
as ticketing solution. If you are in the retail
business, there has never been a better time to
fully consider the impact of Newton Color system
labels on your retail ticketing strategy.
3
It is not difficult to see or understand why many
retailers are attracted to the idea of an 
electronic shelf labels. With the rising volume
of price changes, it means that retailers require
a ticketing strategy just to keep pace. When a
large network or franchise is involved, the
electronic or digital price tag technology
provides an ideal way for marketing departments
to make sure that the right prices are being
displayed in the right place, and at the right
time. However, retailers also see pricing
strategies as a way of gaining a competitive
advantage.
4
As days go by, retailers are becoming
sophisticated in the manner in which they conduct
pricing, and it often relates to an increase in
pricing changes.  Large retail stores have become
very aggressive in their pricing strategies for
any number of reasons, including time-of-day
pricing for competitive price matching. It is
very hard and costly to make daily price changes
across a  large retail store without newton color
labels system.
5
But, even small and medium retail companies have
started to explore pricing optimization. As a
retailer, there is no way you can model data in
real time without an ESL solution. For more
information on the Advantage Of Using Newton
Color Labels In Your Retail Store, visit our
website at  https//solumesl.com/
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