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Pricing must be accurate and consistent across the retail chain’s stores. Even small shortcomings quickly lead to a loss of customer confidence and lost sales opportunities.
Traditional, paper-based price tags are not well suited to dynamic pricing. Competitive campaigns can not implemented as easily.
Printing, exchanging and updating paper price labels takes significant time and resources from shop staff, limiting operational efficiency and productivity.
The EU’s Omnibus Directive requires retailers to ensure transparent pricing. Errors in price labelling can result in significant fines.
If yes, storefy Electronic Shelf Labels are the right solution for your retail chain!
The EU’s Omnibus Directive came into force on 1 January 2023 and aims to clarify how businesses communicate their discount and promotional prices to consumers. As a general rule, price indications for promotional products must show the lowest price of the product in the 30 days preceding the offer as the reference price. Failure to comply with the Directive can result in very substantial financial penalties for businesses.
Fortunately, the storefy ESL system makes it easy to comply with the Directive. The price indications required by the Directive are automatically displayed on the price labels.
storefy ESL system
The storefy ESL system makes it easy to launch a campaign and roll it out at store level. The campaign prices and also the way the prices are presented are available for all campaign products and all stores in the chain simultaneously and quickly.
Dynamic pricing means that the best available price for a product can vary depending on the time of day or the customer. It’s based on price segmentation, meaning the same product is sold at different prices at different times or to different customers.
Electronic Shelf Labels (ESL) can be scheduled to display the desired price at specific times or quickly updated when needed. For example, if a retailer wants to position itself as the cheapest in the market, it can quickly adjust its price to undercut a competitor’s lower price. Dynamic pricing works both ways—prices can increase or decrease in real-time.
Our wide selection of tag models and mounts ensures that you’ll find the perfect electronic shelf label for your specific requirements. Custom solutions are also available for more unique needs.
Tags can be branded according to your preferences, and in addition to displaying prices, they can show other relevant information. Larger tags can accommodate multiple product listings.
ESL tags require minimal maintenance. For example, the battery life can last up to 5 years.
We’ve made it as easy and risk-free as possible to get electronic price tags.
Electronic Shelf Labels are a part of the storefy retail solution portfolio, which includes adbot, Digital Window Displays, Digital Signage CMS, Tabletop Advertising Display, Digital A-board, Entrance Display and other solutions that improve store efficiency and customer experience.
Electronic Shelf Labels are a part of the storefy retail solution portfolio, which includes adbot, Digital Window Displays, Digital Signage CMS, Tabletop Advertising Display, Digital A-board, Entrance Display and other solutions that improve store efficiency and customer experience.
59 € / month / store
+ tags and devices
79 € / month / store
+ tags and devices
129 € / month / store
+ tags and devices
179 € / month / store
+ tags and devices