But if we really could scale RFID tag production down to 1 cent each, then we’d likely just throw them out. Not that I’m a fan of throwing away silicon…
But if we really could scale RFID tag production down to 1 cent each, then we’d likely just throw them out. Not that I’m a fan of throwing away silicon…
Still more than printed paper but the cost is not astronomical. Some sellers on Alibaba even advertise 3c cad
At even 10c a tag , it is equivalent to one person scanning 200 items a hour (assuming $20/hour wages) .
Factoring in time to bag and do a cash/card/coupon transaction etc a retail employee is not doing more than 500 or maybe 1000 items a hour .
A cost of 2c is definitely close to economic feasibility if 10c is not
I am not saying RFID will eliminate employees in retail , just that there is cost to not having RFID too, we should only see the diff as the cost of the tech not absolute numbers
Why is that relevant?
If 5 employees spend 20% of their combined time on checkout, and you get rid of checkout, you can go down to 4 employees, can't you? Why does the exact distribution matter? You'll still have a healthy variety of tasks to spread among those employees.
If the store decides to eat the cost of those? Sure, I can buy that logic.
However, I don't see stores being unable to just raise the price of items by 10c without much pushback, which would eliminate that issue with the profit margin entirely (since the cost of it is offloaded to the customer).
I, personally, would love to be able to pay just 10c extra per item, if it meant that I can have a checkout experience similar to that of Uniqlo.