What Is Dynamic Pricing and How Does It Work in Retail?
| 13 Min Read
| 14 Min Read
Automatically Update Shelf Prices in Real-Time
Change shelf pricing details in real-time with digital price tags, syncing directly with cloud POS
to eliminate the manual label-changing practice.
Digital Price Tags: How They Work
With digital price tags, updating prices is quick, easy, and automatic—no more manual label changes.
Step 1
Scan the barcode on the back or side of the shelf tag at the POS system
Step 2
Map the product to the tag using a quick lookup or POS scanner
Step 3
Preview, save, and watch the tag update with real-time pricing and product info
Digital Price Tags: Features at a Glance
Our digital price tags automatically display up-to-date pricing and product information by syncing directly with your POS system.
Sync with POS Pricebook
Prices and product details are pulled directly from the POS pricebook, ensuring shelf pricing always stays current.
Automated Price Updates
When prices change in the system, digital price tags update automatically—no manual label changes required.
Multi-Store Price Updates
Push pricing updates across multiple locations at once, maintaining consistency from store to store.
Wireless Shelf Tags
Wireless connectivity allows digital price tags to update in real-time without manual intervention on the sales floor.
Why Retailers Choose Digital Price Tags
By replacing paper labels with automated pricing displays, digital price tags make pricing faster, more accurate, and easier to manage.
No Manual Tags
Say goodbye to printing, replacing, and correcting paper price tags throughout the store.
Timesaving
Automated pricing updates free staff from repetitive pricing tasks, allowing them to focus on customers.
Consistent & Accurate Pricing
Shelf prices always match the POS system, reducing errors and checkout disputes.
Improved In-Store Experience
Clear, up-to-date pricing builds trust and creates a smoother shopping experience for customers.
Ready-to-Use Price Templates
Set it once and let predefined dynamic templates handle the rest—instant, consistent pricing across your store.
Specific Dynamic Templates
Display newly updated prices using built-in templates on electronic shelf tags. No manual efforts are required, like physical paper labels.
Automated Pricing Process
Once configured, digital price tag templates fetch live pricing updates directly from the POS system.
Managed from Central Panel
Control Center is responsible for keeping product prices aligned, accurate, and consistent throughout all aisles.
Time-Saving
As templates are already pre-configured and specific, retailers don’t need to invest much time and effort to set them up.
Let Shoppers Scan & Check Prices Instantly on Their Phones
Give customers instant access to accurate product pricing and details right on their own device with in-store
QR code scanning—no confusion, no disputes.
QR Code Price Checker: How It Works
Step 1
Open mobile camera
Step 2
Scan the in-store QR code
Step 3
Scan the product barcode
Step 4
View pricing & product details
What the QR Code Price Checker Can Do
The QR code price checker gives shoppers instant access to accurate pricing and product details right from their own device—no staff assistance needed.
Simple QR Code Scanning
Shoppers scan an in-store QR code using their phone’s camera no-downloads, logins, or extra steps.
Real-Time Price & Product Lookup
Pricing and product details are pulled instantly from the POS system, so customers always see the most up-to-date information.
Mobile-Friendly Display
Results are displayed clearly on the customer’s own device, making it easy to review pricing and product details on the spot.
Designed for In-Store Use
Built specifically for retail environments, the QR code price checker works seamlessly on the sales floor where customers need it most.
The Benefits of the QR Code Price Checker
From faster price checks to fewer interruptions, the QR code price checker improves the experience for both shoppers and staff.
Eliminates Price Confusion
Customers can quickly confirm pricing themselves, reducing misunderstandings and checkout disputes.
Reduces Staff Interruptions
Free your team from frequent price-check requests so they can stay focused on customer service and sales.
No Mobile App Required
Shoppers use their existing phone camera and browser—nothing to download, nothing to install.
Creates a Frictionless Shopping Experience
Faster price checks, fewer delays, and more confident purchasing decisions improve the overall in-store experience.
Faster & Transparent Price Lookup at the Aisle
Enhance the in-store experience with quick, frictionless, and frustration-free price lookups right on the sales floor.
Price Checker Hardware Station: How It Works
Step 1
Customer accesses the hardware
Step 2
Hardware unit scans the product
Step 3
Display product price and
details on screen
Key Features of Price Checker Hardware
Price checker hardware gives shoppers a fast, self-service way to verify
prices directly on the sales floor.
Interactive Hardware
Designed for ease of use, the interactive display allows shoppers to check prices quickly without assistance.
Built-In Scanner
Customers can scan items instantly to view accurate, real-time pricing pulled directly from the POS system.
Digital Signage Integration
Price checker hardware can double as digital signage, displaying promotions, product information, or store messaging when not in use.
What Makes the Price Checker Hardware Worth It
By placing price lookup directly in the aisle, price checker hardware improves efficiency for both customers and staff.
Reduced Price-Check Inquiries
Shoppers can verify prices on their own, reducing interruptions and freeing up store associates.
Faster Checkout Process
When customers know the price before reaching the register, transactions move more smoothly and quickly.
Reduced Customer Frustration
Clear, accessible pricing helps eliminate confusion and creates a more confident, stress-free shopping experience.
Hardware Units
Hardware units power your digital shelf pricing, ensuring that updates from your POS system flow instantly and accurately to every aisle.
Pricing Automation That Works in Real-Time or on Your Schedule
Go beyond with advanced tools that let you update, schedule, and manage pricing
across signage, menus, and products from one POS system.
Mass Updates: The Ultimate Pricing Automation Feature
Change prices for multiple products in seconds—instantly or scheduled—keeping your store accurate, efficient, and on track.
Apply Price Updates Instantly
Instantly make changes to multiple products at once, saving you valuable time.
Schedule Price Updates Ahead of Time
With the Mass Updates Queue, schedule large-scale price changes in advance and let them go live at the right time.
Scales for Any Store Size
Built to scale effortlessly, from one-store retailers to multi-location chains with thousands of stores.
How To Update Item Price FAST with Mass
Updates (FTx POS)
Schedule Mass Price Changes for Products
(Mass Updates Queue)
Testimonial
"Mass updates are hands down my favorite FasTrax feature. Being able to work with a very large data set, configure the data so that what you’re seeing on the screen can be reconciled with what’s going through your brain – boy, it's huge; it is such a timesaver."
Consistent Pricing Everywhere, Online & In-Store
Ensure online prices are always identical to your POS and in-store pricing with automated and
real-time backend updates, maintaining accuracy.
Shared Pricebook—Powering In-Store & Online Inventory
A shared pricebook keeps your in-store and online inventory in sync, making pricing consistent, accurate, and easy to manage.
Unified Pricebook for Consistent Omnichannel Pricing
Manage pricing and inventory from a single pricebook that keeps in-store and online sales synced with consistent customer prices.
Schedule Changes
Schedule price updates and let them go live at the specified time across online and in-store channels.
Reduced Pricing Errors
Eliminate discrepancies, mismatches, and manual mistakes in product pricing with centralized, automated price updates.
How Pricing Automation Helps Your Store
With pricing automation, retailers can save time, avoid mistakes, and keep prices consistent everywhere.
Save Time and Labor Costs
Automate repetitive price updates and reduce the hours your staff spends manually changing prices, freeing your team to focus on customers.
Consistent and Accurate Pricing
Ensure prices are always aligned across registers, digital tags, and online channels, eliminating mismatches and checkout disputes.
Transparency and Trust
Accurate, real-time pricing builds confidence with shoppers, making every purchase straightforward and reliable.
Central Control on Price Updates
Manage pricing from Control Center, so changes roll out instantly across all stores, aisles, and systems.
Improved Retail Efficiency
Streamline store operations with automated workflows that reduce errors and speed up daily tasks.
Effective Marketing
Easily implement promotions, discounts, and special offers, making it simple to respond to market trends and shopper behavior.
Easily Scalable
Whether you’re managing a single store or a chain of locations, pricing automation scales effortlessly to meet your business needs.
Pricing Automation Made Simple with FTx Solutions
Implement Pricing Automation with FasTrax
Get Started with FasTrax
Bring real-time pricing to your store—fast, simple, and hassle-free.
01
Get in touch
with our sales team.
02
Share your
custom requirements.
03
Set up pricing automation
for your retail store.
04
Launch
automated prices.
Knowledge Center: Retail Pricing Automation
Discover working solutions for manual pricing challenges and see how automation solves them.
Get practical tips and guidelines to eliminate manual price updates and maintain pricing
consistency across your store.
Retail Automation: Turn POS Data into Smart Operations
FAQs
Pricing automation is a system that automatically updates and manages product prices across your retail operations without needing to manually change each price one‑by‑one. In FTx POS, our automated pricing tools let you adjust prices centrally and push those changes in real-time across registers and integrated systems.
In a POS system like FTx, pricing automation works through a centralized pricebook and backend tools. Retailers make price changes in the POS or control center, and those updates sync instantly to terminals and connected systems. If digital price tags are integrated, updates are pushed to them automatically—eliminating manual re‑labeling.
Pricing automation helps:
- Save time by eliminating manual price changes on every shelf or terminal.
- Reduce errors because pricing updates come from a single, authoritative system.
- Keep pricing consistent across stores, registers, and digital displays.
- Respond faster to promotions or market changes since prices update instantly.
With FTx POS, retailers maintain a centralized pricebook and manage prices from one backend location. Automated syncing ensures all connected systems (registers, displays, digital tags) pull pricing from the same source, which significantly reduces mismatches or errors.
No. FasTrax’s QR price checker works directly through a smartphone browser—customers simply scan the QR code with their phone camera and view real‑time pricing, without downloading an app.
Yes. Because the QR code price checker pulls pricing and product information in real-time from the POS system, it shows accurate, up‑to‑date prices and details directly on the customer’s phone.
Price checker hardware refers to dedicated in‑store devices (like scanners or kiosks) that let shoppers scan a barcode or tag to view pricing information. Some retailers integrate this hardware with the POS for in‑aisle price lookup.
Digital price tags, or electronic shelf labels, are small electronic displays attached to store shelves that show a product’s price. Integrated with the POS pricebook, they automatically update when prices change in the system—no paper labels required.
Digital shelf labels help ensure the price shown on the shelf always matches the price in the POS system. Because updates are automatic and real-time, this reduces pricing mismatches, disputes at checkout, and the need for staff to manually change paper tags.
FTx POS supports real‑time price updates—once your products are in the pricebook and the system is configured, price changes and automation can take effect immediately. Retailers can begin using these tools as soon as their POS setup is complete and products are imported into the system.
Yes. FTx POS lets you use a centralized pricebook with multi‑store support, so pricing automation can push updates across all your locations from Control Center.
Yes. FTx POS includes features like mass updates, multi‑zone pricing, and built‑in discount tools that automate promotional pricing and discounts across products and locations.
One Price, Every Channel—Automatically
Learn how pricing automation technology saves time, reduces pricing errors, and keeps prices consistent on all channels.