WAB 09 Blog
We Can Guarantee To Stop All Shoplifting In Your Store-Sensormatic Systems
Yep, Loss Prevention Systems has a Sensormatic Systems solution to stop every bit of shoplifting in your store going forward. We will even put it in writing. The problem is that you will not have any customers because you will not be able to let anyone in. If that is a bit extreme for you, then you may want to try our other more popular plan to prevent shoplifting. It is a two part plan including LPSI helping you to train your staff and a Sensormatic system.
The reality is that the only way to shut down all shoplifting will cut into your profit margin. What we need to do is focus on the bulk of the shoplifting that is costing you the most money. If your goal is to prevent shoplifting completely then you will spend more in expenses than the losses are worth. However, we need to make sure we are on the same page in how we calculate losses. If a shoplifter steals $100 in merchandise is that what you have lost – $100?
Actually, no, you have lost much more than that. To replace that $100 at retail you need to figure in your costs. You had to purchase it, ship and receive it, handle and stock it, carry the cost in inventory, etc. On top of that you have rent, payroll, taxes, utilities and other expenses.
The easiest way to figure this is to take the retail price of the item and divide it by your profit margin. So let’s say for this explanation that your margin after all expenses is 2%. So the calculation is 100/.02=5000. Yes that is a five with three zeros. To break even, not make money but to break even you will need to sell an ADDITIONAL $5000 in merchandise.
Well, that’s not really a good business plan. So we have to fix this problem once and for all by doing what you do for any business problem you encounter, you attack it head on! Our goal has to be something more than “catching” shoplifters. You have already lost money at that point. You may have caught them but now you have to deal with them. It is kind of like when my dog chases a car. Exactly what is she going to do when she catches it???
There are only two economical ways to prevent shoplifting, not counting the whole never let anyone in your store thing. Training your staff and putting in an electronic article system such as a Sensormatic system. Okay let’s get something out of the way right now. YES, this is what Loss Prevention Systems does. We train our customers and we provide one of the best systems in the retail world, Sensormatic.
Our solutions that prevent shoplifting work. The reason I know that is that I have been in the loss prevention world for most of my life. I started in the trenches apprehending shoplifters all the way through Director of Loss Prevention at several major companies to the Board Room.
So let’s fix the shoplifting problem once and for all. Our training does not focus on chasing shoplifters in the parking lot. We want them to go away and take their theft elsewhere. Consider this, if you are doing a better job sending the shoplifter on their way and getting the reputation in the shoplifting community that you are not an easy mark then the shoplifters will go elsewhere. No one wishes trouble on anyone else. But, if your neighbors are doing a better job of shoplifting prevention than you then guess where they will go? Yeah, right to you!
Even with the best of training you still need a back-up. A Sensormatic system is protecting your merchandise 24/7. No vacations, sick days or my Grandfather has died for the ninth time. So when your staff is slammed and the customer to employee ratio is out of sync, the Sensormatic system is on guard. Kind of like a Doberman ready to start barking and baring its teeth.
The combination of the two, training and Sensormatic, are the problem solver. Oh, and by the way, both solutions are VERY AFFORDABLE for any size company from one store to, well you get the picture. So now you do not have any excuse. Contact us today or call 1-770-426-0547 for Sensormatic systems, retail theft prevention and stop shoplifting training.
Yep, Loss Prevention Systems has a Sensormatic Systems solution to stop every bit of shoplifting in your store going forward. We will even put it in writing. The problem is that you will not have any customers because you will not be able to let anyone in. If that is a bit extreme for you, then you may want to try our other more popular plan to prevent shoplifting. It is a two part plan including LPSI helping you to train your staff and a Sensormatic system.
The reality is that the only way to shut down all shoplifting will cut into your profit margin. What we need to do is focus on the bulk of the shoplifting that is costing you the most money. If your goal is to prevent shoplifting completely then you will spend more in expenses than the losses are worth. However, we need to make sure we are on the same page in how we calculate losses. If a shoplifter steals $100 in merchandise is that what you have lost – $100?
Actually, no, you have lost much more than that. To replace that $100 at retail you need to figure in your costs. You had to purchase it, ship and receive it, handle and stock it, carry the cost in inventory, etc. On top of that you have rent, payroll, taxes, utilities and other expenses.
The easiest way to figure this is to take the retail price of the item and divide it by your profit margin. So let’s say for this explanation that your margin after all expenses is 2%. So the calculation is 100/.02=5000. Yes that is a five with three zeros. To break even, not make money but to break even you will need to sell an ADDITIONAL $5000 in merchandise.
Well, that’s not really a good business plan. So we have to fix this problem once and for all by doing what you do for any business problem you encounter, you attack it head on! Our goal has to be something more than “catching” shoplifters. You have already lost money at that point. You may have caught them but now you have to deal with them. It is kind of like when my dog chases a car. Exactly what is she going to do when she catches it???
There are only two economical ways to prevent shoplifting, not counting the whole never let anyone in your store thing. Training your staff and putting in an electronic article system such as a Sensormatic system. Okay let’s get something out of the way right now. YES, this is what Loss Prevention Systems does. We train our customers and we provide one of the best systems in the retail world, Sensormatic.
Our solutions that prevent shoplifting work. The reason I know that is that I have been in the loss prevention world for most of my life. I started in the trenches apprehending shoplifters all the way through Director of Loss Prevention at several major companies to the Board Room.
So let’s fix the shoplifting problem once and for all. Our training does not focus on chasing shoplifters in the parking lot. We want them to go away and take their theft elsewhere. Consider this, if you are doing a better job sending the shoplifter on their way and getting the reputation in the shoplifting community that you are not an easy mark then the shoplifters will go elsewhere. No one wishes trouble on anyone else. But, if your neighbors are doing a better job of shoplifting prevention than you then guess where they will go? Yeah, right to you!
Even with the best of training you still need a back-up. A Sensormatic system is protecting your merchandise 24/7. No vacations, sick days or my Grandfather has died for the ninth time. So when your staff is slammed and the customer to employee ratio is out of sync, the Sensormatic system is on guard. Kind of like a Doberman ready to start barking and baring its teeth.
The combination of the two, training and Sensormatic, are the problem solver. Oh, and by the way, both solutions are VERY AFFORDABLE for any size company from one store to, well you get the picture. So now you do not have any excuse.
Contact us today or call 1-770-426-0547 for Sensormatic systems, retail theft prevention and stop shoplifting training.
