The Free Loss Prevention Calculator Shows How To Stop Shrink
How many times do you see a “Free with purchase” offer to get you to buy a product? It can make you kind of numb to real offers like the Free Loss Prevention Calculator from Loss Prevention Inc. It is not uncommon to see things like a free tire rotation with an oil change from an automotive maintenance company. The car tire rotation may be free but I’ll be darned if it doesn’t seem like every rotation I get I am given the dire warning of how my tires are worn and should be replaced. Also, I paid how much for that oil change? No, this is not a tirade against automotive repair businesses. I know they are in business to make money but free doesn’t seem so free if you are pushing me to get new tires or strongly suggest I replace my brakes that are ready to go out on me tomorrow and throw me into a ditch or worse yet, kill me. Maybe more free is the $10 company issued giftcard with purchase when you by $75 in ink from a store. Of course the catch there is you are buying $75 in ink and you will be coming back to use that giftcard. And let’s be honest, with that $10 giftcard how many people are really going to look for just $10 in merchandise? It is a great marketing tool but it does make the “free” offer feel a little less free. Since I focus much of my attention on Loss Prevention issues it seems that there should be a question posed to companies that sell retail anti-theft systems. Can Loss Prevention be free? How many are going to say, “Yes it can be.” There is one company that says it can be and that is Loss Prevention Systems Inc.
Now I know it is going to sound ridiculous to most of you. In fact some are probably wanting to know when I’m going to pronounce that the brakes are shot on this car after you get your oil change. No, there are no surprises or catches. Can Loss Prevention be free? You bet it can be. The fact of the matter is a new electronic article surveillance system is going to save you money by theft reduction. The installation of new electronic article surveillance (EAS) pedestals and application of retail anti-theft devices on each piece of merchandise carried in your store is going to deter criminals from stealing. For those few who will be foolish enough to attempt to steal anyways, the pedestals are going to be set off when tagged items are carried near the doors. Pedestal alarms will alert employees that someone is going to try to steal. Merchandise is then recovered in the receipt check that follows. Every time a crook walks out empty handed or a recovery is made money is added back to the store profit line and offsets a portion of the cost of a new antitheft system. How can I be so sure? I have extensive experience as a Loss Prevention Manager and I know how effective EAS products are. I have also tested the Free Loss Prevention Calculator and find it to be an accurate measurement tool.
Free to use for anyone, the calculator gives a store owner the ability to enter variables such as annual sales information and how much they would consider spending on a Loss Prevention system. The calculator assumes a standard annual shrink rate of 1.2% (slightly less than the current national average) and a modest shortage reduction resulting from a newly installed system to .65% annually. The final calculation is the estimated number of months it would take for a system to pay for itself through shortage reduction savings. And the best part is that there is no catch. No sign up or registration required to use the Free Loss Prevention Calculator. It’s kind of like getting that oil change and tire rotation and no pressure to buy a couple of new tires.
Can Loss Prevention be free? It can be in the amount it saves in shortage due to theft. Can a system really save this much money for a store? There is no question it can especially with a well-trained group of employees who know the best methods for alarm resolutions. Visit the Loss Prevention Systems Inc. website and give the free Loss Prevention Calculator a try. No oily sales staff here, just professionals who want to help your business save money and reduce theft.
Get more information on the Free Loss Prevention Calculator, contact us or call 1.770.426.0547 today