Employee theft reduction training-3 WC Blog 643
Stop Shoplifting -3
Profit From Employee Theft Reduction Training
Recently the store where I work had a scam pulled on a cashier and it caused me to think about employee theft reduction training to stop shoplifting and prevent fraud. It also prompted me to think about how managers train employees and where do store owners get their expertise to train managers to prevent employee theft? There were two incidents on back to back nights that involved fraud attempts and actual fraud that got me going on this subject. The first incident involved a couple attempting to purchase several gift cards and prepaid gift cards with different credit cards. Each of the credit cards they put into the credit card reader prompted a decline message and the cashier asked for another form of payment. After three or four attempts the cashier finally called a manager to the counter. At that point the customers decided they had to contact the bank and walked out. It bothered me that the cashier was not suspicious about the purchase in the first place considering the items the couple were trying to purchase were only gift cards and prepaid cards. The next day that I worked the store manager told me about a scam pulled by a customer the day after that incident. A customer came to the register and had around $400 loaded onto prepaid cards and told the cashier she was paying with “Apple-Pay”. Apparently the customer made her phone sound like it had paid and the cashier said the transaction had not gone through. My understanding is that somehow this customer convinced the cashier that her phone showed her the transaction HAD gone through and did this two more times and then left. She scammed the store of over $1,000 in theft/fraud. The manager learned that the suspect had done this same scam in another one of our stores a few days prior to this. If this can happen in a national chain store with a Loss Prevention department that provides employee training videos to stop shoplifting and fraud, what is your training program?
Training on theft related issues is not an automatic program when someone opens their own new store. I could open a business and understand selling techniques, know how to order merchandise and I might even be versed in proper hiring practices. I would need help with property rental, business contracts and how to handle payroll. I would have to seek out business resources and advisors to help me establish my company. Likewise, few owners are going to know all about Loss Prevention practices and how it can impact the store. How can anyone be expected to train others in an area they are not familiar with? You certainly wouldn’t want me teaching your staff how to work in Quickbooks for your business finances and payroll. If you are going to prevent thieves from taking advantage of your employees you need a company specializing in employee theft reduction training and other Loss Prevention related training programs. Bill Bregar, former Director of Loss Prevention for several national retail chains and President of Loss Prevention Systems Inc., has created the essential training programs that are proven to reduce theft and fraud in stores that have no Loss Prevention teams of their own. These sessions are invaluable and teach the necessary skills that will help stores improve sales through the deterrence of theft and fraud from shoplifters AND dishonest employees.
Scammers and thieves will pull all kinds of tricks to pull off their crimes. While it would be nearly impossible for someone to keep up with all of the methods the criminals will employ there are ways to counter them. The employee theft reduction training conducted by Bill teaches managers the signals that can tip you and your team that someone may be intent on committing a crime. For example, a short change artist will seem to be a legitimate customer as they make a purchase but then they start asking for different change or denominations. At that point there are different methods the scam could be completed but the trained associate knows to close the register drawer and call for a manager. Training simply increases awareness and THAT can make the difference between stopping a loss or incurring one.
Stop shoplifting, employee theft and other criminal activity from draining your store profitability. Let Loss Prevention Systems Inc. train your management team on theft identification and reduction techniques. You will be surprised at how much you didn’t know and more surprised at how much you can save!
Employee theft reduction training is important and we can help you with it. Call 1.770.426.0547 and let’s talk.
Recently the store where I work had a scam pulled on a cashier and it caused me to think about employee theft reduction training to stop shoplifting and prevent fraud. It also prompted me to think about how managers train employees and where do store owners get their expertise to train managers to prevent employee theft? There were two incidents on back to back nights that involved fraud attempts and actual fraud that got me going on this subject. The first incident involved a couple attempting to purchase several gift cards and prepaid gift cards with different credit cards. Each of the credit cards they put into the credit card reader prompted a decline message and the cashier asked for another form of payment. After three or four attempts the cashier finally called a manager to the counter. At that point the customers decided they had to contact the bank and walked out. It bothered me that the cashier was not suspicious about the purchase in the first place considering the items the couple were trying to purchase were only gift cards and prepaid cards. The next day that I worked the store manager told me about a scam pulled by a customer the day after that incident. A customer came to the register and had around $400 loaded onto prepaid cards and told the cashier she was paying with “Apple-Pay”. Apparently the customer made her phone sound like it had paid and the cashier said the transaction had not gone through. My understanding is that somehow this customer convinced the cashier that her phone showed her the transaction HAD gone through and did this two more times and then left. She scammed the store of over $1,000 in theft/fraud. The manager learned that the suspect had done this same scam in another one of our stores a few days prior to this. If this can happen in a national chain store with a Loss Prevention department that provides employee training videos to stop shoplifting and fraud, what is your training program?
Training on theft related issues is not an automatic program when someone opens their own new store. I could open a business and understand selling techniques, know how to order merchandise and I might even be versed in proper hiring practices. I would need help with property rental, business contracts and how to handle payroll. I would have to seek out business resources and advisors to help me establish my company. Likewise, few owners are going to know all about Loss Prevention practices and how it can impact the store. How can anyone be expected to train others in an area they are not familiar with? You certainly wouldn’t want me teaching your staff how to work in Quickbooks for your business finances and payroll. If you are going to prevent thieves from taking advantage of your employees you need a company specializing in employee theft reduction training and other Loss Prevention related training programs. Bill Bregar, former Director of Loss Prevention for several national retail chains and President of Loss Prevention Systems Inc., has created the essential training programs that are proven to reduce theft and fraud in stores that have no Loss Prevention teams of their own. These sessions are invaluable and teach the necessary skills that will help stores improve sales through the deterrence of theft and fraud from shoplifters AND dishonest employees.
Scammers and thieves will pull all kinds of tricks to pull off their crimes. While it would be nearly impossible for someone to keep up with all of the methods the criminals will employ there are ways to counter them. The employee theft reduction training conducted by Bill teaches managers the signals that can tip you and your team that someone may be intent on committing a crime. For example, a short change artist will seem to be a legitimate customer as they make a purchase but then they start asking for different change or denominations. At that point there are different methods the scam could be completed but the trained associate knows to close the register drawer and call for a manager. Training simply increases awareness and THAT can make the difference between stopping a loss or incurring one.
Stop shoplifting, employee theft and other criminal activity from draining your store profitability. Let Loss Prevention Systems Inc. train your management team on theft identification and reduction techniques. You will be surprised at how much you didn’t know and more surprised at how much you can save!
Employee theft reduction training is important and we can help you with it. Call 1.770.426.0547 and let’s talk.
Sensormatic Labels – 5 WC Blog 731
Stop Shoplifting – 3
When To Choose Between Sensormatic Labels and Hard Tags
When is it better to use Sensormatic labels versus hard tags? I encountered an incident at work the other night that is a prime example of when one can be chosen over the other. I was on the salesfloor of the store where I work answering questions for a customer over the telephone. As I was trying to explain information on a specific computer monitor I happened to glance over my shoulder and saw a shopper closing up a cardboard box that a certain computer charging cable is carried in. All of the other laptop chargers are in thick plastic blister packages and have electronic article surveillance tags source tagged in them. I was suspicious of the customer as he closed up the box and placed it back on the peg hook but I was also busy with the customer on the telephone. I saw no way to interrupt the phone conversation to check on a suspicious action without potentially hurting the reputation of the store with that customer. The only other people in the store were tied up with their own customers so there was no one to call for assistance. When I did finally finish helping the customer on the phone I checked on the box that had been rehung and it was indeed empty.
Sensormatic labels and the hard tags will stop shoplifting but there are differences in how they are placed on merchandise that should influence what products store managers choose to put them on. If merchandise is protected in a hard, plastic blister package a label will provide the protection needed to sound the electronic article surveillance alarm. With ample customer service on the floor, criminals will not have the opportunity to cut into packages to remove the contents. So in these cases packaging and labels work in unison to deter theft. If presented with a choice the other merchandise I like to see labels used to protect are small easy to conceal items such as you find in the health and beauty department. These are too small for hard tags but are still in high demand by thieves and should be protected. Cosmetics are one of the top categories for theft in shrinkage analysis reporting among stores that sell cosmetics. Often store managers that don’t protect these items don’t understand that there are Sensormatic labels designed for this purpose. The HBC (Health, Beauty and Cosmetic) Sheet Label is a narrow label specifically for this category of product. As an ardent supporter of tagging as much as possible in a store, labels are the perfect solution for protecting large quantities of merchandise in a cost effective manner.
Hard tags are reusable and dependable in merchandise protection but there are limitations on what they can be used on and may not make sense for everything. Do you need to put every deck of “Old Maid” children’s cards in Flexible Safers when they pose little if any theft risk? Probably not but what you can do is tear off a label from a sheet and slap it on a box. It may be low risk but now you have virtually eliminated that threat, regardless of how minor, to keep your cards from being stolen. Sensormatic labels are versatile and can be used on almost any product sold in stores. From a deck of “Old Maid” cards to a computer printer to placement on a garment manufacturer hang tag, labels can give more flexibility for store managers in order to stop shoplifting. When a store has both the labels and the hard tags I do suggest using the hard tags when possible on the higher price point goods. If we use the theft incident I referenced earlier a Sensormatic Magnetic Alarming 3-Tone Wrap or Flexible Safer would have been a better option for the Powercord. Either of these would have prevented the crook from easily getting into the box and stealing the contents. IF a store has no other options a label on a high dollar product is better than a lock up case or no tag at all.
As much as we would like to have a one to one employee/customer ratio in our stores we know that is not an option. Sometimes we are pulled in all different directions and shoplifters take advantage of it. Using a Sensormatic security system and the best anti-theft devices for a particular product you can stop shoplifting in your store(s). When the merchandise itself seems too small or too insignificant or you simply don’t keep hard tags on hand, Sensormatic labels are a wonderful all-purpose way to keep products secure. Stay in-stock and making money by using electronic article surveillance devices on ALL your merchandise.
Sensormatic labels are important and we can help you with them. Call 1.770.426.0547 and let’s talk.
When is it better to use Sensormatic labels versus hard tags? I encountered an incident at work the other night that is a prime example of when one can be chosen over the other. I was on the salesfloor of the store where I work answering questions for a customer over the telephone. As I was trying to explain information on a specific computer monitor I happened to glance over my shoulder and saw a shopper closing up a cardboard box that a certain computer charging cable is carried in. All of the other laptop chargers are in thick plastic blister packages and have electronic article surveillance tags source tagged in them. I was suspicious of the customer as he closed up the box and placed it back on the peg hook but I was also busy with the customer on the telephone. I saw no way to interrupt the phone conversation to check on a suspicious action without potentially hurting the reputation of the store with that customer. The only other people in the store were tied up with their own customers so there was no one to call for assistance. When I did finally finish helping the customer on the phone I checked on the box that had been rehung and it was indeed empty.
Sensormatic labels and the hard tags will stop shoplifting but there are differences in how they are placed on merchandise that should influence what products store managers choose to put them on. If merchandise is protected in a hard, plastic blister package a label will provide the protection needed to sound the electronic article surveillance alarm. With ample customer service on the floor, criminals will not have the opportunity to cut into packages to remove the contents. So in these cases packaging and labels work in unison to deter theft. If presented with a choice the other merchandise I like to see labels used to protect are small easy to conceal items such as you find in the health and beauty department. These are too small for hard tags but are still in high demand by thieves and should be protected. Cosmetics are one of the top categories for theft in shrinkage analysis reporting among stores that sell cosmetics. Often store managers that don’t protect these items don’t understand that there are Sensormatic labels designed for this purpose. The HBC (Health, Beauty and Cosmetic) Sheet Label is a narrow label specifically for this category of product. As an ardent supporter of tagging as much as possible in a store, labels are the perfect solution for protecting large quantities of merchandise in a cost effective manner.
Hard tags are reusable and dependable in merchandise protection but there are limitations on what they can be used on and may not make sense for everything. Do you need to put every deck of “Old Maid” children’s cards in Flexible Safers when they pose little if any theft risk? Probably not but what you can do is tear off a label from a sheet and slap it on a box. It may be low risk but now you have virtually eliminated that threat, regardless of how minor, to keep your cards from being stolen. Sensormatic labels are versatile and can be used on almost any product sold in stores. From a deck of “Old Maid” cards to a computer printer to placement on a garment manufacturer hang tag, labels can give more flexibility for store managers in order to stop shoplifting. When a store has both the labels and the hard tags I do suggest using the hard tags when possible on the higher price point goods. If we use the theft incident I referenced earlier a Sensormatic Magnetic Alarming 3-Tone Wrap or Flexible Safer would have been a better option for the Powercord. Either of these would have prevented the crook from easily getting into the box and stealing the contents. IF a store has no other options a label on a high dollar product is better than a lock up case or no tag at all.
As much as we would like to have a one to one employee/customer ratio in our stores we know that is not an option. Sometimes we are pulled in all different directions and shoplifters take advantage of it. Using a Sensormatic security system and the best anti-theft devices for a particular product you can stop shoplifting in your store(s). When the merchandise itself seems too small or too insignificant or you simply don’t keep hard tags on hand, Sensormatic labels are a wonderful all-purpose way to keep products secure. Stay in-stock and making money by using electronic article surveillance devices on ALL your merchandise.
Sensormatic labels are important and we can help you with them. Call 1.770.426.0547 and let’s talk.
Retail Theft Prevention – 3 WC Blog 710
Stop Shoplifting-3
Sensormatic Security System – 3
Retail Theft Prevention – Lessons For Those Considering A Career In Loss Prevention Part 1
How does retail theft prevention relate to store sales? What impact does a Sensormatic security system really have on stock shortage? What is stock shortage? How do I manage time, people, investigations, training and community outreach as a Loss Prevention Manager? How should I really look at my job as a Loss Prevention Associate, am I a security guard, a police officer or some type of a hybrid? When I DO stop shoplifting how should I interact with the offender? There are so many questions I wish I had asked or known to ask that could have helped me out earlier in my career in Loss Prevention and retail in general. Of course we often don’t know what questions to ask when we embark on something, especially when it comes to career options. My son was telling me how I ought to write about what I wished someone had told me before or shortly after entering my Loss Prevention position.
There were a lot of lessons I had to learn through trial and error. I had good mentors over the years but it did not all come together in one nice neat package. In some ways I had to piece things together taking a little from this manager and a bit from another manager to be the Loss Prevention professional I wanted to be. One manager taught me how to stop shoplifting when we had few policies governing our department. Another manager helped me learn that there is more to retail theft prevention than just catching a shoplifter. He showed me that dishonest employees can create more shortage than shoplifters. I even had peers when I became a Loss Prevention Manager who I admired and tried to emulate some of what they did. I even learned to take examples from a couple of supervisors and store managers and determine that they were who I did NOT want to mirror by example.
So what would I want to share with people who are considering a career in Loss Prevention or may be just starting out? There is a lot I could share but it would never be all-inclusive. Some things do have to come by trial and error. IF I could give some tips here is where I would start. First, if your goal is to be a police officer this is not a bad place to begin. Retail theft prevention is a good place to get your feet wet. Depending on the company you work for you may stop shoplifting by apprehending thieves. You may learn report writing, how to use closed circuit cameras and televisions and how to safely stop and detain someone. You might learn about how a Sensormatic security system works. There are daily tests that should be run on systems to make sure they are operating properly. There are a variety of Sensormatic security tags for different types of merchandise and you should be able to identify the right label or tag to use on a product. This does not make you a police officer and you need to understand your role as it relates to the store not to law enforcement. What I mean is this, depending on what your company allows you to do you may be catching criminals and putting them in jail. You are helping law enforcement through your efforts but you are not doing it for law enforcement. If you put a shoplifter in jail you do it to protect your store from incurring losses and you do so to hopefully prevent future repeat activity by the suspect. You do not carry a weapon even for personal protection and you may or may not even carry handcuffs. Your job is to try to keep theft from taking place. If you are really fortunate you may work for someone who at one time had law enforcement experience and can help give you the tools that will help prepare you for a future career as a law enforcement officer.
In part 2, I will cover more about what it means to stop shoplifting as a Loss Prevention Associate, the benefits of a Sensormatic security system and other tips that can aid you in future career decisions. The field can be rewarding and a step to bigger things but help from someone who has been there can make the road a lot easier to travel.
Get more information on retail theft prevention contact us or call 1.770.426.0547 today.
How does retail theft prevention relate to store sales? What impact does a Sensormatic security system really have on stock shortage? What is stock shortage? How do I manage time, people, investigations, training and community outreach as a Loss Prevention Manager? How should I really look at my job as a Loss Prevention Associate, am I a security guard, a police officer or some type of a hybrid? When I DO stop shoplifting how should I interact with the offender? There are so many questions I wish I had asked or known to ask that could have helped me out earlier in my career in Loss Prevention and retail in general. Of course we often don’t know what questions to ask when we embark on something, especially when it comes to career options. My son was telling me how I ought to write about what I wished someone had told me before or shortly after entering my Loss Prevention position.
There were a lot of lessons I had to learn through trial and error. I had good mentors over the years but it did not all come together in one nice neat package. In some ways I had to piece things together taking a little from this manager and a bit from another manager to be the Loss Prevention professional I wanted to be. One manager taught me how to stop shoplifting when we had few policies governing our department. Another manager helped me learn that there is more to retail theft prevention than just catching a shoplifter. He showed me that dishonest employees can create more shortage than shoplifters. I even had peers when I became a Loss Prevention Manager who I admired and tried to emulate some of what they did. I even learned to take examples from a couple of supervisors and store managers and determine that they were who I did NOT want to mirror by example.
So what would I want to share with people who are considering a career in Loss Prevention or may be just starting out? There is a lot I could share but it would never be all-inclusive. Some things do have to come by trial and error. IF I could give some tips here is where I would start. First, if your goal is to be a police officer this is not a bad place to begin. Retail theft prevention is a good place to get your feet wet. Depending on the company you work for you may stop shoplifting by apprehending thieves. You may learn report writing, how to use closed circuit cameras and televisions and how to safely stop and detain someone. You might learn about how a Sensormatic security system works. There are daily tests that should be run on systems to make sure they are operating properly. There are a variety of Sensormatic security tags for different types of merchandise and you should be able to identify the right label or tag to use on a product. This does not make you a police officer and you need to understand your role as it relates to the store not to law enforcement. What I mean is this, depending on what your company allows you to do you may be catching criminals and putting them in jail. You are helping law enforcement through your efforts but you are not doing it for law enforcement. If you put a shoplifter in jail you do it to protect your store from incurring losses and you do so to hopefully prevent future repeat activity by the suspect. You do not carry a weapon even for personal protection and you may or may not even carry handcuffs. Your job is to try to keep theft from taking place. If you are really fortunate you may work for someone who at one time had law enforcement experience and can help give you the tools that will help prepare you for a future career as a law enforcement officer.
In part 2, I will cover more about what it means to stop shoplifting as a Loss Prevention Associate, the benefits of a Sensormatic security system and other tips that can aid you in future career decisions. The field can be rewarding and a step to bigger things but help from someone who has been there can make the road a lot easier to travel.
Get more information on retail theft prevention contact us or call 1.770.426.0547 today.
POLICIES THAT HELP STOP EMPLOYEE THEFT AND SHOPLIFTING
If you want to Stop Shoplifting and other forms of theft, it’s important that you have policies in place to give your managers a starting point. Polices are also a great legal tool that can help you remain consistent when you discipline and terminate employees for not upholding company standards and expectations. While there are several areas of policy, let’s focus on the ones that can help you to reduce losses in your store.
Exit Inspection and Bag Check
I’ve worked in several big box retailers over the years and they all had a similar policy regarding bags and their employees. If you brought a bag or something similar (including purses), you were subject to an inspection when you left the store at the end of your shift. A simple look inside was common, but it went a long way to prevent Employee Theft.
Personal Items Must be Secured in a Locker
This is another one of those “no brainers.” If you bring a bag, lunch kit, or purse to work, make sure it’s secured in a locker, and not on your sales floor. Not only can an empty bag be a source of Employee Theft, but customers can also have access to your employee’s personal effects, so a policy such as this could really benefit their personal safety as well as helping you to prevent shrink.
Receipts Must Accompany all Employee Purchases
Discouraging Employee Theft can be as simple as a policy that requires your team to always place their receipt on their purchase, while still in the store (think snacks and drinks). There can never be a question as to whether an item was purchased or not if the receipt is clearly visible on the item.
Back Door Security
You can Stop Shoplifting and dishonest employees by having a stringent back door policy. Never allow employees unsupervised access to outer doors. A policy that states a manager must be present anytime the door is open can and will discourage product from walking out the back door.
Number of Employees in the Building
In order to keep your team members safe in case of an accident, as well as to Stop Shoplifting from your employees, have a policy that specifies the minimum number of employees that must be present at all times in order to enter the store. Generally, 3 is a good number and is common at most big-box stores that I’ve worked for. Having at least three people in the store at once, especially during the morning prior to store opening and in the evenings after store closing, can discourage an easy theft by employees.
For more information about employee theft contact us or call 1.770.426.0547.
If you want to Stop Shoplifting and other forms of theft, it’s important that you have policies in place to give your managers a starting point. Polices are also a great legal tool that can help you remain consistent when you discipline and terminate employees for not upholding company standards and expectations. While there are several areas of policy, let’s focus on the ones that can help you to reduce losses in your store.
Exit Inspection and Bag Check
I’ve worked in several big box retailers over the years and they all had a similar policy regarding bags and their employees. If you brought a bag or something similar (including purses), you were subject to an inspection when you left the store at the end of your shift. A simple look inside was common, but it went a long way to prevent Employee Theft.
Personal Items Must be Secured in a Locker
This is another one of those “no brainers.” If you bring a bag, lunch kit, or purse to work, make sure it’s secured in a locker, and not on your sales floor. Not only can an empty bag be a source of Employee Theft, but customers can also have access to your employee’s personal effects, so a policy such as this could really benefit their personal safety as well as helping you to prevent shrink.
Receipts Must Accompany all Employee Purchases
Discouraging Employee Theft can be as simple as a policy that requires your team to always place their receipt on their purchase, while still in the store (think snacks and drinks). There can never be a question as to whether an item was purchased or not if the receipt is clearly visible on the item.
Back Door Security
You can Stop Shoplifting and dishonest employees by having a stringent back door policy. Never allow employees unsupervised access to outer doors. A policy that states a manager must be present anytime the door is open can and will discourage product from walking out the back door.
Number of Employees in the Building
In order to keep your team members safe in case of an accident, as well as to Stop Shoplifting from your employees, have a policy that specifies the minimum number of employees that must be present at all times in order to enter the store. Generally, 3 is a good number and is common at most big-box stores that I’ve worked for. Having at least three people in the store at once, especially during the morning prior to store opening and in the evenings after store closing, can discourage an easy theft by employees.
For more information about employee theft, contact us or call 1.770.426.0547.
Stop Shoplifting In A Gift Shop, Is A Sensormatic System Necessary?
Why should you spend money on a Sensormatic system if you “only” have a gift shop? Because shoplifters steal, and they steal from anyone. They do not care what kind of retailer you are. The same loss ratio applies to gift stores as it does to, well, any retailer. The formula is simple. Let’s say you lose a $20 item at retail. And let’s suppose that your margin is 2%. You divide $20 by 2 percent and you have the real cost of that loss of $20 (20/.02 = $1000). Yes, to make up and breakeven, not make any profit, you have to sell an additional $1000 in merchandise. That is on top of your normal sales. No one can do that for very long and stay in business.
Typical Sensormatic systems have a Return On Investment (ROI) of about 5.5 months depending how well you follow the Loss Prevention Systems, Inc. program. You can never stop shoplifting altogether however, our program is more than just installing a Sensormatic system. We train you on how to stop shoplifting before they steal and we will do this on a regular basis for you as often as you and your staff reasonably need it.
So if we can train you to deter a significant amount of shoplifting why do you need the Sensormatic system? You and your staff cannot be everywhere all the time. Shoplifters look for opportunities or they will create them where you and your folks are distracted. Busy days with lots of customers on the sales floor at the same time does not leave a lot of time for the identification of a shoplifter or the type of customer service that is required to send them off to someone else.
That is where Sensormatic systems comes into play. In many cases shoplifters will see the active Sensormatic system and they will be deterred. But many are not. Properly secured merchandise will stop the shoplifter in their tracks. Your gift shop will benefit from the same commercial grade systems that the major retailers use.
“But, Sensormatic systems are expensive?” NO, they are not, in fact they are very affordable. Depending on you store’s layout, current level of loss and needs, you could see a ROI payback in a matter of months. This puts you back in control against the shoplifter. Not only will you have a state of the art system but the proper training to attack and keep the shoplifting losses to an acceptable level.
How fast can this all happen? In many cases we can have your system shipped and installed in a matter of a few weeks. Even during a holiday season. Our Sensormatic systems are installed by factory tech’s that do this every day. Sensormatic is a world leader with 80% of the top 200 retailers depending on Sensormatic with the exact same equipment Loss Prevention Systems offers you to stop shoplifting.
Loss Prevention Systems also has the expertise to make sure you get the right genuine Sensormatic hard tags and/or labels to address your particular needs. This is not one size fits all. Your store has a diverse offering of merchandise that requires different solutions. We will help you with that in smaller quantities of the labels and tags you need so that you do not have a back room full.
Loss Prevention Systems will even include a copy of the book “Protect Your Store!” the shoplifting prevention guide for medium to small retailers by Bill Bregar, our founder and CEO. We want you to succeed and be profitable. Because if you stop shoplifting you are winning, then we win too.
For more information about Sensormatic systems and to stop shoplifting Contact us or call 1.770.426.0547 and fix your shoplifting problem once and for all!
Why should you spend money on a Sensormatic system if you “only” have a gift shop? Because shoplifters steal, and they steal from anyone. They do not care what kind of retailer you are. The same loss ratio applies to gift stores as it does to, well, any retailer. The formula is simple. Let’s say you lose a $20 item at retail. And let’s suppose that your margin is 2%. You divide $20 by 2 percent and you have the real cost of that loss of $20 (20/.02 = $1000). Yes, to make up and breakeven, not make any profit, you have to sell an additional $1000 in merchandise. That is on top of your normal sales. No one can do that for very long and stay in business.
Typical Sensormatic systems have a Return On Investment (ROI) of about 5.5 months depending how well you follow the Loss Prevention Systems, Inc. program. You can never stop shoplifting altogether however, our program is more than just installing a Sensormatic system. We train you on how to stop shoplifting before they steal and we will do this on a regular basis for you as often as you and your staff reasonably need it.
So if we can train you to deter a significant amount of shoplifting why do you need the Sensormatic system? You and your staff cannot be everywhere all the time. Shoplifters look for opportunities or they will create them where you and your folks are distracted. Busy days with lots of customers on the sales floor at the same time does not leave a lot of time for the identification of a shoplifter or the type of customer service that is required to send them off to someone else.
That is where Sensormatic systems comes into play. In many cases shoplifters will see the active Sensormatic system and they will be deterred. But many are not. Properly secured merchandise will stop the shoplifter in their tracks. Your gift shop will benefit from the same commercial grade systems that the major retailers use.
“But, Sensormatic systems are expensive?” NO, they are not, in fact they are very affordable. Depending on you store’s layout, current level of loss and needs, you could see a ROI payback in a matter of months. This puts you back in control against the shoplifter. Not only will you have a state of the art system but the proper training to attack and keep the shoplifting losses to an acceptable level.
How fast can this all happen? In many cases we can have your system shipped and installed in a matter of a few weeks. Even during a holiday season. Our Sensormatic systems are installed by factory tech’s that do this every day. Sensormatic is a world leader with 80% of the top 200 retailers depending on Sensormatic with the exact same equipment Loss Prevention Systems offers you to stop shoplifting.
Loss Prevention Systems also has the expertise to make sure you get the right genuine Sensormatic hard tags and/or labels to address your particular needs. This is not one size fits all. Your store has a diverse offering of merchandise that requires different solutions. We will help you with that in smaller quantities of the labels and tags you need so that you do not have a back room full.
Loss Prevention Systems will even include a copy of the book “Protect Your Store!” the shoplifting prevention guide for medium to small retailers by Bill Bregar, our founder and CEO. We want you to succeed and be profitable. Because if you stop shoplifting you are winning, then we win too.
For more information about Sensormatic systems and to stop shoplifting, Contact us or call 1.770.426.0547 and fix your shoplifting problem once and for all!
