Digital Outdoor Signage & The Sunk Cost Project

February 5, 2010 by admin · Leave a Comment 

The words of stranded costs in connection with a project gives each operator a feeling of fear, because that is so definitive is that the sinking of the Titanic!
When any digital labeling program is to develop one of the main goals is to have a solid return on investment (ROI), does not, there is no additional funding for future projects.
If there is no possible return on investment for the development of digital kiosk marking the main objective for each group of retailers is to maximize revenue while reducing costs.
Return On Investment both tangible and intangible.
Return on investment of any project the results of the measurement results of the tangible and intangible, tangible results, is that when a point of sale kiosks as part of the solution used, these may include: credit card accept debit cards and credit card payments, these results easy to measure the international balance of payments and transactions to take the amount of booths.
Another example is in Target supermarkets, here you will find self scanner machines, so you can find out the price etc by scanning the label of the item. Also they feature a system where if you cannot find an item, you can use the kiosk to locate the isle where your product is. Now these type of kiosks have difficulty in recording how effective they are, but they can be used to compare the amount of stock that doesn’t sell, out of date stock sat on the shelf isn’t profitable.

There is one thing to the intangible results, Pavilion, when they are used to transmit information, they can enrich the consumer experience and consumers will consider the convenience, will become a valuable and loyal customers.

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