Can Loss Prevention Be Free? – 3 WC Blog 722
Loss Prevention Calculator -4
Can Loss Prevention Be Free When You Buy A Dummy EAS System?
Can Loss Prevention be free for a small retail store owner? After a recent search of the internet to see what people are trying to sell in the name of low-budget retail theft prevention I found that there are bargain basement deals out there. For a couple of hundred dollars a business owner can purchase fake electronic article surveillance towers for $199. For about another $30 that same owner can purchase fake electronic article surveillance labels. Maybe it isn’t free but it is almost as close as you will ever get to free isn’t it?
The website that offered the faux tags states that the tags they sell, “Gives the visual illusion you have a working EAS system at your door that will beep if product is removed.” I would like to see the Loss Prevention Calculator that can show me the amount of shortage I will save if I purchase their fake tags. I suppose I could save all kinds of virtual money if I purchased from these people. Maybe these companies will take virtual currency as payment for their fake products. After shoplifters figure out that the tags and the towers you have installed don’t do anything, how much theft do you think your nearly free Loss Prevention system is going to prevent? As a former Loss Prevention Manager, I can tell you that your free/low cost system is not going to prevent much if any theft.
I imagine someone is thinking that maybe this is the only way a business can afford any type of theft prevention. Ask ME the question, “Can Loss Prevention be free?” and I will have a different answer for you and it doesn’t involve a dummy tower or look-alike labels. Loss Prevention Systems, Inc. offers store owners the opportunity to own a brand new system within their budgets. They even provide the option of financing a system through Navitas Credit Corp. The fact is a new Sensormatic retail anti-theft system can save a store so much money from theft reduction that it will pay for itself over time. Go to the Loss Prevention Systems, Inc. website and open up the ROI Calculator tab near the top of the page. It goes to their free-to-use Loss prevention Calculator and provides you with a way to enter some basic information and the calculator does the rest. It estimates how much shrink you are losing annually and by the month. It also shows roughly how much you can reduce your shortage with the installation of a Sensormatic system. The final number and this is the big one, the Loss Prevention Calculator will show you approximately how many months it will take for a new system to pay for itself! In other words, EVERY storeowner can afford a system.
Here is another thing for you to consider when it comes to shortage reduction. The electronic article surveillance systems are primarily meant to stop theft. However, these systems can also have an impact on operational shortage for a store. According to the 2015 Global Retail Theft Barometer administrative shortage accounted for almost 16% of shortage. A store with a fully functioning retail anti-theft system is going to be able to prevent missed merchandise from going out the door. An example of this is when a cosmetic item is overlooked in the bottom of a shopping cart. The customer did not intend to overlook it but they did and so did the cashier. The item goes out to the parking lot where it gets picked up by the customer who thinks they paid for it and it rolled out of the bag. It may be missed altogether and another customer finds it in the shopping cart and takes it. The loss was not intentional but it is loss through operational error. If that cosmetic item is protected with an electronic article surveillance label the towers at the doors will detect it before it leaves the building. The customer can choose to pay for it or simply return it and no harm is done. Try THAT with a dummy anti-theft system.
Can Loss Prevention Be Free? Not if you purchase a non-functioning anti-theft system. It can’t be because you won’t be preventing theft for long. Spend the money up front on a NEW system and see real results almost from the time you have it set up. A few months down the road and it is possible your new system will have paid for itself. Try the Loss Prevention Calculator and see for yourself.
Get more information on the Loss Prevention Calculator, contact us or call 1.770.426.0547 today.
Can Loss Prevention be free for a small retail store owner? After a recent search of the internet to see what people are trying to sell in the name of low-budget retail theft prevention I found that there are bargain basement deals out there. For a couple of hundred dollars a business owner can purchase fake electronic article surveillance towers for $199. For about another $30 that same owner can purchase fake electronic article surveillance labels. Maybe it isn’t free but it is almost as close as you will ever get to free isn’t it?
The website that offered the faux tags states that the tags they sell, “Gives the visual illusion you have a working EAS system at your door that will beep if product is removed.” I would like to see the Loss Prevention Calculator that can show me the amount of shortage I will save if I purchase their fake tags. I suppose I could save all kinds of virtual money if I purchased from these people. Maybe these companies will take virtual currency as payment for their fake products. After shoplifters figure out that the tags and the towers you have installed don’t do anything, how much theft do you think your nearly free Loss Prevention system is going to prevent? As a former Loss Prevention Manager, I can tell you that your free/low cost system is not going to prevent much if any theft.
I imagine someone is thinking that maybe this is the only way a business can afford any type of theft prevention. Ask ME the question, “Can Loss Prevention be free?” and I will have a different answer for you and it doesn’t involve a dummy tower or look-alike labels. Loss Prevention Systems, Inc. offers store owners the opportunity to own a brand new system within their budgets. They even provide the option of financing a system through Navitas Credit Corp. The fact is a new Sensormatic retail anti-theft system can save a store so much money from theft reduction that it will pay for itself over time. Go to the Loss Prevention Systems, Inc. website and open up the ROI Calculator tab near the top of the page. It goes to their free-to-use Loss prevention Calculator and provides you with a way to enter some basic information and the calculator does the rest. It estimates how much shrink you are losing annually and by the month. It also shows roughly how much you can reduce your shortage with the installation of a Sensormatic system. The final number and this is the big one, the Loss Prevention Calculator will show you approximately how many months it will take for a new system to pay for itself! In other words, EVERY storeowner can afford a system.
Here is another thing for you to consider when it comes to shortage reduction. The electronic article surveillance systems are primarily meant to stop theft. However, these systems can also have an impact on operational shortage for a store. According to the 2015 Global Retail Theft Barometer administrative shortage accounted for almost 16% of shortage. A store with a fully functioning retail anti-theft system is going to be able to prevent missed merchandise from going out the door. An example of this is when a cosmetic item is overlooked in the bottom of a shopping cart. The customer did not intend to overlook it but they did and so did the cashier. The item goes out to the parking lot where it gets picked up by the customer who thinks they paid for it and it rolled out of the bag. It may be missed altogether and another customer finds it in the shopping cart and takes it. The loss was not intentional but it is loss through operational error. If that cosmetic item is protected with an electronic article surveillance label the towers at the doors will detect it before it leaves the building. The customer can choose to pay for it or simply return it and no harm is done. Try THAT with a dummy anti-theft system.
Can Loss Prevention Be Free? Not if you purchase a non-functioning anti-theft system. It can’t be because you won’t be preventing theft for long. Spend the money up front on a NEW system and see real results almost from the time you have it set up. A few months down the road and it is possible your new system will have paid for itself. Try the Loss Prevention Calculator and see for yourself.
Get more information on the Loss Prevention Calculator, contact us or call 1.770.426.0547 today.
