Download PDFOpen PDF in browserA Comparative Analysis of Traditional Price Tag Systems and Electronic Shelf LabelsEasyChair Preprint 114798 pages•Date: December 8, 2023AbstractIn the rapidly evolving landscape of retail, pricing strategies play a pivotal role in influencing consumer behavior and operational efficiency. This research paper conducts a thorough comparative analysis between traditional price tag systems and the innovative Electronic Shelf Labels (ESL) technology. The study aims to shed light on the advantages, challenges, and overall impact of transitioning from conventional price tags to ESL in retail environments. The investigation delves into the operational aspects, cost implications, and technological capabilities of both traditional and electronic pricing methods. Through extensive literature reviews, case studies, and empirical data collection, the research evaluates the accuracy, adaptability, and scalability of ESL systems in contrast to their traditional counterparts. Keyphrases: Electronic Shelf Labels, Inventory Management, Pricing Automation
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