How to Increase Retail Sales With Effective Retail Loss Prevention Strategies

How to prevent retail loss

Retail Loss Prevention

In a retail store, you will always have to worry about theft. Shoplifting is an issue, whether it is big or small, for all retailers.

 

Retail loss prevention strategy must be in place in order to keep the retail store from losing inventory and revenue.

With the assistance of an experienced security installation company, you can have a state-of-the-art retail security system in place that reduces by a large percentage margin.

 

Selecting a Retail Loss prevention System

There are several ways of preventing losses in the retail industry. Traditional CCTV camera systems work quite well when there are enough installed and they shoot at the right areas in both the selling areas and the service areas.

Another option is a EAS scanner close to the exit that will scan every tag and sound an alarm if something seems off.

This is a good idea but often fails given the fact that shoplifters remove simple tags.

 

How to prevent retail loss

Retail Loss Prevention

 

Use Electronic Tags

Electronic tags work in a couple of different ways. Some have a magnetic sensor that goes off when crossing the scanning point close to the exit of the store.

They require a specific tool to be removed from the item of clothing. Consumers cannot remove the tag themselves without getting black dye on their hands and on the garment.

This is the ultimate retail loss prevention technology.

 

Testing the Equipment

Always test the system and equipment before opening for business.

This will allow you the opportunity to adjust cameras and make sure that EAS scanning device work properly.

Having both in place is ideal, which is the only way to be sure that no items are stolen.

Keep small items and accessories such as jewelry behind the checkout counter.

Even shoes, scarves and belts should have alarm detection devices on them.

It is your merchandise and your business, it is in your best interest to ensure that every item is sold and that there are no inventory discrepancies.

 

 

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 In this fiercely competitive retail environment, the tiniest of things can make an enormous difference to your sales and profit margin.

Click on any of the links below to gain access to highly valuable resources specifically engineered to help retailer like you increase your sales and profit margin:

How to Increase Retail Sales Books: http://romeorichards.com/books-retail-increasing-retail-sales-store-design-visual-merchandising-display/

How to Increase Retail Sales Home Study Course: http://romeorichards.com/home-study-increasing-retail-store-sales-store-design-visual-merchandising-displaypost-launch/

Call 020 8798 0579 or email: info@theprofitexperts.co.uk for a FREE strategy session.

Small Business Growth & Marketing Consulting Agency London

Small Business Growth & Marketing Consulting Agency London