The Uses of Stretched Bar LCD in Smart Retail Settings

the uses of stretched bar lcd in smart retail settings the uses of stretched bar lcd in smart retail settings

To B2B retail technology strategists, operations directors, and innovation managers, the upgrading of the physical retail space to a smart and responsive venue is a main priority. While the focus is on the overarching systems, the specific form factors are often overlooked. The stretched bar LCD is a prime example. It is evolving into a pivotal and multifunctional tech investment serving operational and communicational efficiencies and customer interaction improvements. The unique shape of the device is not just a design choice. It has been tailored to optimize placement on the retail shelf edge to convey horizontal messages. The purpose of this paper is to showcase and explain the numerous sophisticated applications of stretched bar LCD technology, which is becoming fundamental to the infrastructure of modern, data-rich smart retail systems, and which has evolved from its primary function as a digital label.

Using Dynamic Information Layers to Transform Endshelf Marketing

Traditional shelf edges are underused throughout the consumer journey and often cluttered with poorly designed paper tags with very little useful or dynamic information. With the elongated design of the LCD running as a shelf edge, this panel transforms the edge shelf space into a multi-lane information highway. Retailers can control ads or design a clean information hierarchy that includes the primary selling price, legally required unit price (e.g. $/lb, €/liter), promotional price (e.g. Was $X.XX), and scrolling text for product certifications (e.g. Fair Trade, Non-GMO), or other promotional phrases. This level of automated communication enhances the consumer’s decision making, ensures instant regulatory compliance, and eliminates the cost and waste of paper. It instantly updates and can be controlled from a singular location, providing revolutionary flexibility for the business.

Enhancing Operational Agility and Automated Compliance at Scale

There is often a gap in operational efficiency in multi store retail because of the delay between corporate planning and store execution, particularly in how stores manage pricing and promotions. The stretched bar LCD, designed to integrate into a centralized, IoT-enabled ESL (Electronic Shelf Label) System, is the ideal endpoint to automate these functions. This integration makes it possible to automate the execution of price changes across an entire chain in real-time, as well as promotions and markdowns that are effective at designated times and on specific product categories.

The potential for automation is substantial. For example, an integrated inventory management system can be connected to the display network to facilitate real-time markdowns on items that are approaching their sell-by dates. The automated integration of dynamic messaging to the sell-thru items at the shelf edge enhances the execution of pricing rules and regulatory compliance. This results in a significant decrease in operational overhead, improvement in the near-absence of pricing errors, a reduced audit exposure, and an improvement in margin sustainment.

Powering Context-Aware Promotions and Strategic Cross-Selling

The advancement of the bar LCD allows in-store promotions and advertising to be programmable and changeable allowing for real-time updates and personalized and context related advertising in an interactive manner. This display type is particularly useful for promotions that depend on real-time updates and can execute complex strategies. Merchandisers can utilize the stretched bar LCD for supermarket advertising ideas during specific time windows (promoting different items for different times of the day, for example, coffee in the morning and wine in the evening), campaigns designed around the weather (promoting soups on cold days), and promotions based on real time inventory levels (advertising complementary items when stock is high). The display can show QR codes allowing users to access product information, recipes, and even coupons on their phones. The display is also useful for promoting wine, spice, and seasoning pairs to steak as it can function as a virtual employee to cross-sell items from different isles.

Visual Integration of IoT and Inventory Management Systems

Integration of multi-faceted systems is key for an environment. The stretched bar LCD is best suited for interfacing with a multitude of IoT devices and real-time inventory systems. The display can shift from a static format to a dynamic representation of the system’s condition. The display can signal staff to low stock conditions and cycle counting inventory. During Omnichannel Fulfillment, the display not only enhances the user interface for real-time inventory tracking but also directs staff to the location with high speed and accuracy for BOPIS orders. The display is an integral part of an automated system.

Establishing a Foundational Network for Actionable Analytics

The installation of a network of bar LCDS creates a new layer of granular, location-specific, real-time data collection. Each digital interaction: price update, advertised promotion, QR code generation, etc. translates to data. This data can be used in advanced retail analytics tools to assess sales lifts from specific promotional text, perform real-time A/B tests for messaging, and map customer engagement within categories or even at the SKU level. Analyzing sales velocity and QR scans of specific products or promotions gives retailers reliable insights into shopper behavior at the decisive moment, when the final purchase decision is made. This data sustains a feedback loop for real-time optimization of pricing, promotion, and shelf space. As a result, the technology evolves from a communication tool into a decision support sensor network for data-driven decisions and strategic planning.

Future-Proofing the Store for Emerging Retail Models

Investing in technology such as a stretched bar LCD system allows retailers to adapt to new commerce models. Spending on the technologies that allow a higher level of personalization and integration are next to no use if a company has a rigid system in place. For example, displays can be configured with a retailer’s mobile app to Bluetooth beacon technology with customized displays to identify a customer and show special pricing or loyalty awards.

In a model with no cashier, displays could also utilize shopping cart sensor technology or mobile scan-and-go systems to verify. Its empty screen is also ready for the display of metrics illustrating climate impact or carbon savings to tell a product’s story and meet the customer demand for transparency. With ready to deploy technology, retailers are building digital infrastructure to support innovations in the future, ensuring their physical store will be profitable in a fast evolving environment.

Conclusion: The Strategic Imperative of Horizontal Digital Integration

The functional applications of the stretched bar LCD exemplifies an underlying tenet of retail ‘smart’ success, namely, gaining an edge through the smart integration of niche hardware and software. This form factor of display has more than attained its primary objective. As a complex communications device and automated compliance, interactive promotion and IoT-analytics engine, it has created a wealth of other commercial uses.

For B2B professionals engaged in constructing the resilient, efficient, and interactive retail stores of the future, its merit for efficient balanced information presentation and system integration is incontrovertible. The operational uses of stretched bar LCD technology entail more than an operational upgrade: the horizontal intelligence embedded throughout the shelf edge digital display system will elevate the responsiveness of the retail space while providing more actionable information to all stakeholders. The outcome is a significant increase in operational synergy, profit, customer service, and business agility.

Keep Up to Date with the Most Important News

By pressing the Subscribe button, you confirm that you have read and are agreeing to our Privacy Policy and Terms of Use