The retail world is becoming smarter and more efficient with the rise of Electronic Shelf Edge Labels (ESELs). These digital price tags help businesses update pricing, manage promotions, and streamline operations with precision. The growing demand for dynamic and real-time pricing solutions is pushing companies to innovate in this space.
So, who are the top players in the ESEL market in 2024?
We’ve compiled the top 10 companies leading the charge in revolutionizing retail with smart ESEL technology.
1. MPOS – A Game-Changer in Retail Technology
MPOS, a UK-based company, stands out with its smart ESEL solutions, specifically designed for convenience stores and retailers. MPOS’s Electronic Shelf Edge Labels have revolutionized retail operations by offering real-time updates, centralized control, and seamless integration with existing MPOS systems.
Why MPOS ESELs Are Different:
- Dynamic Pricing Made Simple: MPOS ESELs allow retailers to instantly update prices based on demand, inventory, and competitor pricing. This ensures optimal pricing and reduces the need for manual labor.
- Seamless Workflow: MPOS’s system automatically updates labels when a new promotions list is uploaded, saving time and reducing errors. This agility makes MPOS ESELs ideal for retailers looking to stay competitive in dynamic markets.
- Enhanced Customer Experience: These labels display additional product details like nutritional facts or reviews, improving customer satisfaction by providing more comprehensive product information.
- Eco-Friendly & Cost-Effective: MPOS ESELs significantly reduce paper wastage, leading to both cost savings and environmental benefits. The system’s up to 10 years of battery life and IP68 waterproof & dustproof rating make it a durable, low-maintenance option for busy stores.
- Centralized Control: Retailers can manage pricing across multiple locations with consistency and accuracy from one central system. This centralized control ensures error-free pricing and enhanced visibility across all stores.
With MPOS’s trusted reputation among 1,200+ retailers, this dynamic system is a must-have for stores aiming to boost revenue, streamline operations, and embrace the future of retail technology.
2. SES-imagotag
SES-imagotag is one of the biggest names in electronic shelf labels, offering smart digital pricing solutions. Their technology allows retailers to update prices and product information instantly across multiple stores. What sets SES-imagotag apart is their Retail IoT platform, which integrates customer behavior data, pricing strategies, and inventory management into one system.
They’ve rolled out innovative solutions that go beyond just price tagging, such as interactive labels that offer personalized promotions based on shopper profiles.
3. Pricer
Swedish company Pricer is another leader in ESELs, recognized for their reliable infrared technology. They’re known for their focus on low-latency pricing updates, ensuring that stores can change prices in real-time with minimal delay. Their ESELs are also highly durable, perfect for busy retail environments.
Pricer’s cloud-based management system offers detailed analytics on store performance, helping retailers optimize pricing and inventory. Their labels also support visual search functions using LEDs, which makes it easier for staff to locate products in large stores.
4. SoluM
Backed by Samsung, SoluM is a powerhouse in the ESEL market. Their NFC-enabled ESELs allow for both quick price changes and a seamless customer experience. Customers can tap their phones on these labels to access detailed product info or personalized discounts.
SoluM’s battery longevity is particularly impressive, with some labels lasting over 10 years. This makes them a go-to for large-scale operations where minimizing maintenance is crucial.
5. E Ink
Best known for their e-paper displays, E Ink has made a significant impact in the electronic shelf label market. Their ultra-low power displays are highly readable under various lighting conditions, making them an attractive choice for retailers.
E Ink’s bi-stable technology ensures that the labels consume power only when the display changes, which leads to impressive energy efficiency. Their labels are also customizable, allowing brands to display logos or promotions on the tags themselves.
6. Opticon
Opticon offers a range of innovative ESEL solutions that go beyond price tags. Their cloud-based system allows retailers to integrate their shelf labels with inventory management software, POS systems, and customer-facing apps.
Opticon’s labels are designed with energy efficiency in mind, offering a long battery life while maintaining high contrast for easy reading. Retailers can also use Opticon’s LED indicators for quicker stock retrieval and product placement.
7. Zebra Technologies
Zebra Technologies, a global leader in enterprise technology, has ventured into the ESEL space with solutions designed to streamline the retail experience. Their electronic shelf labels integrate with inventory management and supply chain systems, offering a holistic solution for retailers.
Zebra’s RFID and NFC technology further enhances product tracking and customer engagement, making them a strong contender for large retail chains looking for robust, scalable solutions.
8. Displaydata
Displaydata focuses on high-definition full-color ESELs that allow retailers to showcase promotions, prices, and stock levels in an eye-catching way. Their ESELs support dynamic pricing, helping stores adjust to market trends in real-time.
The company’s BLE (Bluetooth Low Energy) system enables seamless updates without major energy consumption, while the labels themselves offer a sharp, vibrant display. Displaydata also allows for full integration with existing retail systems, making the transition to digital pricing smooth for businesses.
9. Altierre
Altierre specializes in ultra-low power wireless electronic shelf labels, boasting one of the longest battery lives on the market. Their labels can last for up to 7-10 years, making them a cost-effective option for retailers looking to avoid frequent replacements.
Their system offers robust wireless communication, enabling easy updates across an entire store, even for complex product ranges. Altierre’s low-latency features and real-time connectivity make them a popular choice for retailers who need to stay agile in fast-changing markets.
10. Hanshow Technology
Hanshow is a major player in the global ESEL market, offering customized solutions for retailers of all sizes. Their electronic shelf labels are energy-efficient, with easy-to-read displays and seamless integration with a store’s existing systems.
Hanshow’s innovative use of AI helps retailers optimize pricing, promotions, and inventory management. They also focus on environmental sustainability, offering energy-efficient and recyclable materials in their label designs.
LG Innotek’s labels support cloud-based management, allowing retailers to easily update prices across multiple stores from one central system. They also offer high customization options, enabling retailers to tailor their labels to suit specific branding needs.
Why Investing in an ESEL System is Crucial for Retail Success in 2024
The electronic shelf edge label market is thriving in 2024, with innovative companies like MPOS leading the charge in dynamic pricing and enhanced customer experiences. Whether it’s SES-imagotag with their comprehensive IoT solutions or MPOS offering eco-friendly, smart labels for convenience stores, retailers have no shortage of advanced solutions to choose from.
For retailers seeking to stay ahead of the curve, investing in an ESEL system like MPOS’s can dramatically improve efficiency, reduce labor costs, and ultimately increase profits. The market is competitive, but with each of these top 10 companies offering unique solutions, there’s something for every retailer.
FAQs About ESEL Companies in 2024
ESELs offer real-time price updates, reduce human error, enhance customer engagement, and improve inventory management.
MPOS offers a seamless, cost-effective solution for real-time updates, centralized control, and improved customer engagement, all tailored to the UK market.
Battery life depends on the brand and usage but can range from 5 to over 10 years.
Companies like MPOS, SoluM and Altierre are known for their energy-efficient designs, with labels lasting for several years.
MPOS ESELs reduce manual labor through automated price updates, streamline workflow, and optimize inventory management with remote control from one central system.
