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What's the Future Impact of GS1 Digital Link?
In June 2024, GS1 celebrated the 50th anniversary of the UPC barcode, ushering in the new standard: GS1 Digital Link. Here's a summary of BL.INK's e-book, "Predicting the Impact of GS1 Digital Links."
GS1 Digital Link is an evolution of the traditional UPC barcode, transforming it into a web-enabled, dynamic QR code. This technology allows each product to be linked to a wealth of information accessible through a single scan, enhancing consumer engagement and operational efficiency across the supply chain.
Read "Predicting the Impact of GS1 Digital Links" to learn more about all of the impacts. Read this blog for an overview.
Impact on Consumer Brands
GS1 Digital Link offers significant advantages for consumer brands by enhancing consumer engagement, brand protection, and marketing personalization. Brands can provide real-time information, such as product details, promotions, user reviews, and personalized content.
For example, a beverage company can use GS1 Digital Link to provide consumers with real-time information about the ingredients, sourcing, and nutritional facts of their drinks. By scanning the QR code, consumers can also access promotional offers and user reviews.
This technology also enables two-way communication, allowing direct feedback from consumers. A cosmetics brand can use the QR code to direct consumers to a feedback form where they can share their experiences with the product, helping improve future product formulations.
Brand protection and trust are enhanced as consumers can verify product authenticity, reducing counterfeit risks. For instance, a luxury handbag manufacturer can include a GS1 Digital Link on each product, allowing consumers to scan and verify the authenticity, ensuring they are purchasing a genuine item.
Transparency in offering detailed product information builds trust and reinforces brand integrity. A food brand, for example, can provide detailed information about the farming practices and sourcing of ingredients, building trust with consumers who are increasingly concerned about where their food comes from.
GS1 Digital Link also facilitates targeted marketing campaigns by using data from scans to tailor marketing efforts to specific consumer segments. A sports apparel company can use data from QR code scans to understand which products are most popular in different regions and tailor their marketing campaigns accordingly.
Impact on Consumers
Consumers benefit from GS1 Digital Link by making more informed purchasing decisions and enjoying enhanced convenience and safety. They can easily access product origins, ingredients, and sustainability practices. For example, a consumer scanning the QR code on a package of coffee can learn about the coffee’s origin, the farmers who grew it, and the sustainability practices involved in its production.
The convenience of easy access to necessary product information simplifies shopping. For instance, a consumer shopping for electronics can scan the QR code on a product to instantly access user manuals, warranty information, and customer reviews, making their decision-making process easier.
Safety and trust are also enhanced as consumers can verify product authenticity and access comprehensive information about the ingredients used in products. A skincare brand, for example, can provide detailed information, ensuring transparency and building consumer trust.
Impact on the Supply Chain
GS1 Digital Link improves traceability and operational efficiency across the supply chain. Real-time tracking enables tracking of products from manufacturing to the end consumer. A logistics company can use GS1 Digital Link to track shipments in real-time, ensuring timely deliveries and providing accurate updates to customers. It also simplifies the process of identifying and recalling defective products, reducing the impact on consumers and brands.
A food manufacturer, for example, can quickly identify and recall batches of products that are contaminated, minimizing the risk to consumers and the brand’s reputation.
Data integration streamlines data sharing across supply chain partners, improving coordination and reducing errors. An automotive manufacturer can integrate GS1 Digital Link into their supply chain to streamline data sharing with parts suppliers, ensuring accurate and timely deliveries. Enhanced visibility into inventory levels helps optimize stock management and reduce waste.
Impact on Retailers
Retailers stand to gain significantly from GS1 Digital Link through improved inventory management, enhanced customer experience, and better data insights. Retailers can monitor inventory levels in real-time, ensuring optimal stock levels and reducing waste. This leads to more efficient operations and cost savings.
Retailers can gain valuable insights from scan data, helping them understand consumer preferences and tailor their offerings accordingly. For example, a home goods retailer can analyze scan data to determine which products are most popular and adjust their inventory and marketing strategies to better meet customer demand.
Impact on Sustainability
GS1 Digital Link promotes sustainability by reducing waste, optimizing resource use, and increasing consumer awareness. Better inventory management minimizes overproduction and waste, as seen with a fashion retailer using GS1 Digital Link to better forecast demand and reduce unsold inventory that would otherwise go to waste.
Resource optimization is achieved through improved coordination and data sharing, leading to more efficient resource use. Transparency in sourcing and production encourages sustainable practices across the supply chain. A coffee company, for instance, can showcase their commitment to sustainability by providing detailed information about their sourcing and production practices, encouraging others in the supply chain to adopt similar practices.
Consumer awareness is increased as brands can provide information about their sustainability efforts, encouraging eco-friendly purchasing decisions.
Read the E-book for More Examples of the Impact of GS1
"Predicting the Impact of GS1 Digital Links" shares examples and even more predictions about how life will change with GS1 Digital Link.
Overall, GS1 Digital Link is poised to transform the landscape of product information and interaction, driving progress in engagement, efficiency, and sustainability.
BL.INK is here to help, with a ton of GS1 Digital Link resources, a masterclass, and much more. We're the fastest path to going live with GS1 Digital Link/2D barcodes and mobile microsites.