Price agility

Electronic shelf labeling: a strategic weapon in price positioning and profit optimization

Many factors play a role in the growing frequency of price changes in the retail sector 

Price change factors

  • Competitivity on price
  • Increasing inflation 
  • E-commerce synchronization
  • Volatility of raw materials and product costs

Price change consequences

  • Increasing labor costs
  • Multiplication of errors and penalties
  • Margin loss: sales agreement, price not updated at the end of promotion, etc. 

There is a solution to these problems: electronic shelf labeling, for which there has been a surge in global demand in the last years. 

SES installations

This rapid growth can be explained by the many advantages of electronic shelf labeling:

  • Price flexibility and competitiveness: increased flexibility and responsiveness
  • Elimination of manual errors
  • Lower labour and paper costs
  • Optimization of profits

A fast ROI and substantial savings equaling around 0.5 to 1% of sales

 

The SES electronic labeling solution has clearly demonstrated its reliability, ease-of-use and efficiency on a daily basis to boost our sales policy. Patrick ANDRE, Head of the electronic labeling project, Monoprix

Case studies

Case studies

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