"It’s a big investment. While shelf displays start at only about $5 each, the cost of outfitting a single store can top six figures for big-box retailers that carry tens of thousands of products in each location. Pricer’s U.S. business has been mostly with furniture, wine and book retailers."
Wednesday, September 30, 2015
Cost of ESLs (Electronic Shelf Labels)
Here's an article that provides more background on electronic shelf labels and the investment required:
"It’s a big investment. While shelf displays start at only about $5 each, the cost of outfitting a single store can top six figures for big-box retailers that carry tens of thousands of products in each location. Pricer’s U.S. business has been mostly with furniture, wine and book retailers."
"It’s a big investment. While shelf displays start at only about $5 each, the cost of outfitting a single store can top six figures for big-box retailers that carry tens of thousands of products in each location. Pricer’s U.S. business has been mostly with furniture, wine and book retailers."
Subscribe to:
Post Comments (Atom)
Interesting to note that Panasonic is trying to push the power of ESLs even further with its "Powershelf" concept, which includes a weight-sensitive pad that can help track inventory. Powershelves are already being used at some Whole Foods.
ReplyDeleteSome other interesting tech being piloted at the retail level to improve the in-store experience in the face of online retailing is outlined here: http://www.washingtonpost.com/news/business/wp/2015/01/14/5-new-technologies-that-may-change-how-you-shop/