Price tags are an integral part of packaging products for businesses in the UK including the retail businesses. The price tag specifies the product price of an item that encourages people to buy the product by checking it. When a buyer can see the price of the product is indicated, they are more encouraged to buy it rather than waiting to shop around. The stores use some form of pricing such as the personalised labels, and pre-priced stickers indicate the price of the product to their customers.

Price tag helps in deciding what amount should be paid for the product basis the profit margins. Price tags are commonly used by the retail stores including:

• Clothes stores
• Groceries store
• Food store
• Cake store
• Electrical retailers
• Home and garden stores
• Craft stores
• Music stores
• Budget stores
• And more

A clear pricing structure that indicates the cost of the item help to ensure the business to be profitable. It encourages customers to buy it more. It helps in avoiding the confusion over the costs. Price tags displayed indicates the customers the price of the product that they need to pay.

Price tags can include several details of the product such as the name of the product, name of the producer, quality, barcode, shelf life of the products along with the price of the product.

When the product is in promotion, the promotion label will show the crossed-out previous price and the discounted price. The store should ensure that the price is placed for the right product for the customer top quickly verify the price with other details mentioned in the tag, for instance, the quantity. It helps in comparison to a similar product with the price offered.

Price tags and labels offer help in the business in deciding competitive price effect. You will have the price displayed to tell your customer the details of the product and tell your customer about home expensive or inexpensive the product is at your store. This helps the customers to pick up the store conveniently.

The attractive and eye-catching price tags and labels help in converting visitors to potential customers. Using price tags during the sales and for discounted items encourages the customers to avail the bargain, deals and value for the money for the product they purchase from the store.

Price tags can be of different products, for instance, paper or plastic. Plastic cards are easy to clean and robust and can be used on food and beverage products. The price tags can be customised to store needs with attractive colouring, cut into various shapes, printed with the brand logo. It helps in achieving the response of the customers by updating the offers and promotions and keeping it up-to-date.

Clare Louise