Beacon hardware is quite affordable. For instance, a set of three to four iBeacon transmitters that is linked to an app and a CMS cost around $100 or even less. What's more, setting up a beacon hardware is pretty simple and contains a UUID (Universally Unique Identifier). Once you've installed the transmitter, you are only left with the process of creating tags, actions, etc.In a nutshell, the iBeacon and other beacon brands are cheap and can be used instantly since it they come available in ready-to-use form. So even if you are unsure if beacon technology will be successful for your brand, it is worthwhile and cost-effective to at least test it out.