Abstract: In response to the emerging digital needs in the retail field, Feinste has launched an innovative passive electronic price tag solution. With its battery-free and diversified technological breakthroughs, it enables the retail industry to achieve new breakthroughs in operational efficiency and overall revenue.
Recently, the high-priced ice cream that frequently rushes to the hot search has been given the term “ice cream assassin” by consumers, which has aroused widespread concern at the social level. The fundamental reason for this phenomenon is that most retail establishments lack clearly marked prices for the products they sell, which makes consumers unable to know their relevant information, resulting in an unpleasant shopping experience.
However, for the retail industry, it is very difficult to achieve “clearly marked prices”. Due to the large variety of commodities and rapid price changes, commodity price tags are updated frequently. The traditional paper label replacement often requires employees to perform multiple steps such as data verification, printing, cutting, and installation, which is time-consuming and labor-intensive, and is prone to errors.
Although electronic price tags have shown signs of replacing paper labels in recent years by virtue of their advantages of reusability, one-click price change, and real-time data synchronization, the maintenance costs and relatively single functions caused by frequent battery replacement in the later period have always restricted their use. The crux of massive development.
The core low-light energy management module,
Enabling the retail industry to reduce costs and increase efficiency.
In response to the high cost of price tag update, low efficiency, few functions, and continuous expenditure caused by frequent battery replacement for price tags in the retail industry, Feiyingsite has launched a “passive electronic price tag solution”, relying on self-developed The low-light energy management module and zero-power IoT core technology help the electronic price tag to achieve continuous operation in the whole life cycle without built-in battery, which greatly improves the efficiency of product price tag update in the retail industry, and more importantly, , consumers can get real-time price information.
Passive electronic price tag solution
Multi-dimensional functional innovation,
Create a new benchmark for price tags.
Different from the traditional electronic price tag equipped with battery power supply, the passive electronic price tag solution uses a low-light energy management module based on energy harvesting technology to power the price tag. The advantage of this is that it has an independent and inexhaustible power supply. Through the light energy collection panel embedded on the surface of the price tag, the passive electronic price tag can obtain energy in a lighting environment as low as 100 lux.
Generally speaking, the minimum illuminance of conventional supermarkets is also 200lux+, which is enough to support the normal operation of passive electronic price tags without maintenance. Compared with the traditional electronic price tag, the passive electronic price tag solution not only saves the material cost and labor input caused by regularly replacing the battery, but also reduces the pollution risk to the environment after the battery is produced and abandoned.
Multifunctional innovative design
In terms of information display, passive electronic price tags support multi-language text, barcode, QR code display, and can provide standard templates, custom display content, split-screen display and other functions. According to different display needs, passive electronic price tags The size can be changed flexibly. Considering the diversification of the retail environment, the passive electronic price tag also specially strengthens the waterproofness of the device, and its waterproof rating is as high as IP67, which can be better applied to various fresh scenarios with high humidity.
Support the digitalization of retail terminals,
Helping entities automate pricing.
The rapid rise of the Internet and the intensification of competition among retail stores have led to extremely rapid changes in the prices of mass retail commodities, and it is difficult for brick-and-mortar stores to keep up with this change. The main reason is that the process of implementing price changes relies too much on inefficient manpower .
Today, Flyingsite uses passive IoT technology to help customers build a sustainable digital system for retail terminals. By equipping each product with innovative passive electronic price tags, pricing strategy and execution are greatly simplified.
Support multi-category commodity pricing
The price tags that used to need to be replaced one by one can now be synchronously changed for thousands of commodity prices with just one click through the background management system. With the efficiency of passive electronic price tags, retailers can also carry out targeted promotions, such as fruits, dairy products, vegetables and other products with limited storage time, passive electronic tags can quickly complete the change of promotional prices, and then faster. Sell overstock products, reduce food waste and improve overall profits.
Improve retail operational efficiency,
To maximize the overall benefit.
A top priority for stores is to optimize shelf availability through accurate and instant visibility into shelf status. By installing passive electronic price tags, real-time and effective data can be provided to the store for a long time, so that the store can adjust marketing strategies in time, optimize inventory, reduce waste and ensure profits.
Support uploading shelf inventory information
Passive electronic price tags also bring great benefits in controlling personnel costs. The passive electronic price tag is used to automatically adjust prices, report shelf inventory information, product product information, etc., which can save a lot of repetitive work for staff and reduce labor costs for employees. At the same time, the statistical data of the electronic price tag is almost 100% accurate, which can ensure the reliability of the basic data.
Comprehensive presentation of product information,
Improve customer shopping experience.
With the help of the digital capabilities of passive electronic price tag solutions, product information that was only available online in the past can be more comprehensively displayed offline in the future. Now, when consumers go to offline shopping stores, they can quickly get the latest price, consumer reviews, freshness and other specific parameters of the product by scanning the QR code displayed on the passive electronic price tag. In addition, if the product is on sale, it can also be pushed to consumers in a timely manner through the mobile APP to improve the product sales rate.
Considering the retailer’s wide distribution of goods, the passive electronic price tag solution is equipped with a multi-functional LED light, which can not only be used for various alarms such as low power and abnormal conditions, but also help users to achieve shopping. Quick navigation. Through the Bluetooth positioning function of the passive electronic price tag, the system can form a real-time map, and consumers can quickly find the desired items with the location information displayed on the map, improving the consumer shopping experience.
Store shopping real-time navigation
Li Liangliang, General Manager of Flyingsite Business Unit, said:
With the continuous upgrading and reform of the retail industry, the replacement of traditional paper labels by electronic price tags has become an irreversible informatization trend. However, when battery-powered electronic price tags are deployed on a large scale, they always face high operation and maintenance costs caused by short battery life. Secondly, a large number of discarded batteries also have an adverse impact on the environment. For a long time, users and manufacturers have been exploring ways to solve these pain points in one fell swoop.
Relying on the leading technological advantages in the field of passive IoT, Feinste has independently developed the core micro-energy management module, which can realize the ability of energy collection and management and stable output under the illumination as low as 100lux, which perfectly matches the electronic price. The signing scene truly realizes the permanent online during the entire life cycle of the electronic price tag. Its features of high reliability, free operation and maintenance, and zero carbon emissions will enable the retail industry to truly reduce costs and increase efficiency.