There is a seriously aggressive environment among retail locations for they frequently win just barely. Thusly, most retail location administrators are searching for anything edge they can.
Applying electronic rack names (ESLs) can assist organizations with acquiring significant specialized benefits, work on the productivity of store the board and save a lot of expenses, which might be a twofold triumph in saving human and material assets.
For head supervisors who haven't yet considered utilizing such labels, this article will acquaint with you how much electronic rack names cost, and you'll settle on an insightful choice without anyone else.
How Much Do Gateway and ESL Management Software Cost?
In addition to electronic shelf labels, ESL systems also require gateways and management software. The gateway connects the electronic price tag to the management software to send and receive data.
The cost of a gateway is approximately US$300 to US$400, and approximately 1,000 to 3,000 price tags can be updated. A 1,000 square meter retail store requires 3 to 4 gateways, which means the total cost of the gateway is approximately US$1200.
As for ESL management software, the cost varies from the company. However, its general cost is about $500, which usually includes maintenance costs. If you sum it up, a retail company wants to apply 10,000 electronic price tags on the shelf, it needs about 61,700 to 102,100 US dollars, and the return on investment is about one and a half years.
Full-set ESL Solution
Want to know whether digital shelf labels are worth spending so much money on? MinewTag can reveal your return on investment.
Obtaining a positive ROI in such a short period of time requires providing sufficient motivation to consider ESL, but there are many other benefits to properly considering these systems. Let's take a look at some of the biggest advantages you have to consider your service status and final decision.
If you want to switch to electronic shelf tags, our ESL experts are always available to discuss with you the capabilities of our products and services.
Contact us today to know how our ESL solutions can cater to your business' needs.