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Electronic Pricing

Electronic Pricing

posted on Wednesday, August 18, 2004
by Kyle Ritter

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Electronic price checkers were singularly one of most monumental inventions to hit the retail industry since the first cash register. The created greater convenience and efficiency for both the customers and the employees. They made inventory tracking and price checking a snap, resulting in a higher customer turnaround.

Before electronic price checking, a cashier had to manually read the price tag stuck to the items. Sometimes, these tags would fall off, making it necessary for the cashier to have another employee go wandering through the inventory looking for the same item…a price tag. Perhaps you might remember the call of “Price check on aisle 10 please!” whenever you visited the grocery store. This often lead up to what was ultimately a time consuming event, that both stalled the checkout traffic and embarrassed the customer.

Now, however, we have reached a truly electronic age. Bar codes hold pricing information, which is quite difficult to alter by switching tags, and getting a verified price is as easy as using a bard code scanner to process the information. Customers can be checked out faster, the lines can keep moving, costs go down, and everybody is happy.



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