When you wake up and find that the supermarkets around your home have replaced electronic price tags, you only find that the electronic price tags have been covered with large and small supermarkets.
Hanshow Technology (our customer) released the latest generation of electronic price tags, using Chinese chips. On November 19, 2020, Hanshow Technology officially released the Nebular series of price tags. In addition to the relatively large performance improvement, the electronic price tags using Chinese chips have also become a point of concern.
Counting from the first electronic price tag used at Wal-Mart’s Shenzhen Xiangmihu store in 2011, electronic price tags have been developed in China for 9 years, and now they have entered the stage of standard formulation, which can be regarded as gratifying. The formulation of this standard will provide specifications and guidance for the development of the Internet of Things electronic price tag system industry and technology, and further promote the high-quality development of smart retail, smart office, smart storage, smart manufacturing, smart medical and other industries.
Since its development, the performance, appearance, and application scenarios of electronic price tags are constantly innovating. Electronic price tags are becoming thinner and thinner, changing prices faster, lower power consumption, and more and more application scenarios.
It is understood that under the influence of the epidemic, the shipment of electronic price tags has declined, but the price has not changed significantly. Electronic price tags rely heavily on the retail sector, and retail is the hardest hit area affected by the epidemic. As one of the necessary tools for retail informatization, electronic price tags are unavoidable.
However, the price has not changed significantly. The reason is that in the cost structure of the electronic price tag solution, the hardware cost accounts for 70% and the software accounts for 30%. In the hardware, the supply price of the electronic ink screen, which is an important component, does not appear to be obvious. Variety. Therefore, the overall price of electronic price tags does not fluctuate much.
Retail informatization is a major trend in the retail industry. As one of the solutions for retail informatization, electronic price tags can hardly become a rigid demand for merchants under the current high cost situation. However, a comprehensive retail informationization solution incorporating electronic price tags may become a rigid demand of merchants. Therefore, there is still a lot of room for imagination in this regard.