ESL will be a key driver of smart retail. The IOT boom has continued to spread, and diversified innovative applications have been developed. Electronic shelf labels can update product information through the central system wireless communication, reduce human resources and reduce errors, and bring consumers a better consumption experience, attracting new entrepreneurs to compete in this market, thus accelerating the development of smart retail.
Due to the arrival of the Internet of things era, the competition among global mall operators is no longer limited to scale, location or market share. Instead, it is necessary to think about how to use innovative technologies to enhance the operation ability of shopping malls and finally achieve the goal of smart retail. Electronic price tags can maintain a stable and accurate dynamic display, and help retailers and distributors easily grasp the quantity and bidding status of goods, which is expected to be the key to the success of smart retail.
In addition, in addition to commercial, industry is also an important direction of the development of electronic shelf labels. For example, in the logistics industry, electronic labelling can be used to keep abreast of product information, delivery status, etc. Industrial logistics market is also where the commercial use of industrial electronic tags, the transmission distance is longer, to import the positioning system into the electronic shelf labels, and import the positioning system.