RFID shelf labels, especially RFID electronic shelf labels, are causing new changes in the business world. These smart labels integrate radio frequency identification technology, enabling the retail industry to manage inventory, display, and sales more efficiently. RFID shelf labels provide retailers with precise inventory management and optimized supply chain processes by tracking the location and quantity of goods in real time. At the same time, these labels also provide consumers with a more convenient shopping experience through digital price and promotion information and create more sales opportunities for merchants. With the rapid development of the Internet of Things, RFID electronic shelf labels will bring greater innovation and development to the retail industry and promote the transformation of business models.