ELECTRONIC SHELF PRICE LABELS & AI SYSTEMS
HOW IT WORKS
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FAST
EASY
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SECURE
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THREE SIMPLE STEPS:
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1. Our Precise Price team comes in and sets up electronic labels in your retail store, warehouse, or carrier.
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2. We install and configure the Precise Price application on your back server system and setup your base station(s).
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3. You download the Precise Price App on your smart device.
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AND YOUR INVENTORY IS NOW PRECISE PRICED!
OUR RFID & BEACON SECURITY:
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1.As with all standard payment card systems, our Precise Price hardware and software complies with all PCI standards.
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2. All of our Precise Price tags are enabled with RFID technology that tracks inventory and helps in inventory control and theft prevention.
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3.Once downloaded, the Precise Price Mobile Application can be used by the inventory manager(s) to track inventory from anywhere at any time via their smart device(s).
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AND YOUR DATA AND INVENTORY IS SAFE WITH PRECISE PRICE!
AUTOMATED PRICING & MARKETING:
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1. Once downloaded, the Precise Price Mobile Application can be used by the store manager(s) to analyze and adjust pricing from anywhere at any time via their smart device(s).
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2. The Precise Price POS application can dynamically adjust pricing of your inventory based upon smart data analysis, all from just one PUSH button.
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STOP THE GUESSING GAME AND PRICE YOUR INVENTORY BASED UPON REAL-TIME DATA!
MEET PRECISE PRICE
OUR STORY
The concept of Precise Price Technology e-labels came when Tori Cole was in the process of researching the decline of traditional brick-and-mortar retailers for her MBA class. She concluded that while many of these retailers have an online presence, most retail consumers would prefer to come to the store to observe their grocery, try on clothing, test an appliance or electronic device, or test drive a car before making the purchase. The problem is that most retail experiences are time and energy consuming for busy consumers, many of whom are focused on purchasing particular products at the cheapest price in a timely manner. She also noticed that the greatest expenses for the retailer result from inventory carrying and control costs.
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Precise Price Technology bridges a retailer’s existing supply chain and marketing process with our proprietary software and wireless digital technologies to provide powerful solutions and management tools that enhance in-store efficiency.
OUR LEADERSHIP
Tori Cole, President and Founder​
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Past Finance Tech Director/Strategist, HP Inc
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B.S. in Computer Engineering from Southern Methodist University
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M.B.A. from the University of Houston-Downtown
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Native of the Houston, Texas Area
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Over 12 years of consulting experience in IT Project Management within Finance, Pharmaceutical, Manufacturing, Energy, & Construction Industries
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Cheryl Cole, Chief Operations Officer and Advisor
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B.A. in Political Science and Mathematics from University of North Texas
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Over 40 years of logistics operations management experience with major energy corporations
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Retail Entrepreneurship Expert
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AI TECHNOLOGY
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iBEACON & RFID TECHNOLOGY FOR BOTH ANDROID AND APPLE SMARTPHONE & DEVICE COMPATIBILITY
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E-PAPER SIGNAGE AND SHELF LABELS MANUFACTURING AND DISTRIBUTING
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NETWORK INSTALLATION & SUPPORT SERVICES
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PROPRIETARY AI-PRICING AND COMMUNICATION SOFTWARE & KIOSK MACHINES
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CONSULTING SERVICES