Can Loss Prevention Be Free? – 3 WC Blog 563
Loss Prevention ROI Calculator-3
Can You Get A Free Checkpoint System? Try The Loss Prevention ROI Calculator To Find Out
Can Loss Prevention be free? It is an odd question in an article on Return On Investment but hang tight and I think you will see where I am going with this. My son was recently asked to join an honor society for business majors at the college he attends (yes, this is a bit of bragging on my part). He has been reluctant to join for several reasons, one of which is the cost associated with membership. He is also concerned about the time he may be asked to devote to the organization. He is very conscientious of his time and recognizes the amount of time he has to devote to studies and his job. His fear is that joining the group could require more of his time than he is willing to invest. His argument is that he has kept his grades up through his college career by not getting too involved in outside activities. He has some valid points and since he does so much better in college than I ever did I don’t want to challenge him on this too much. I did discuss with him the potential return on investment should he choose to pursue becoming a member of this organization. Benefits would be invitations to attend presentations by major business firms, networking with people who could help direct him in career choices and meeting hiring managers in smaller career fair venues. The return on his investment of time and money could pay big dividends down the road. Your friends at Loss Prevention Systems Inc. know that a return on an investment is important for business owners and that is why they offer the Loss Prevention ROI Calculator.
To answer the question I posed at the beginning of the article, “Can Loss Prevention be free?” you have to understand what Loss Prevention entails. It can be security staff, the use of closed circuit television, a retail loss prevention consulting firm, merchandise protection (such as electronic article surveillance equipment) or any combination of those tools. It is all that is used to deter and prevent shoplifting and internal theft. Now on the surface it sounds like it would have to cost money, right? Loss Prevention Systems Inc. says that it is possible to have Loss Prevention that ends up costing nothing, helpful especially to small and medium sized retail stores. They offer the free use of their Loss Prevention ROI Calculator to anyone who wants to see for themselves how this can be the case. The calculator is free to use, requires no registration or sign up and it does not track users. The owner or manager enters two pieces of information, estimated annual sales and how much they would like to invest in a Checkpoint System the calculator does the rest of the work. The outcome is an estimation of how much the store would reduce inventory shrinkage and how long it would take for that savings to pay for a sytem. Store owners can change the numbers they enter to try different combinations, all at no cost.
The decision my son faced is similar to what a store owner would have to consider. There would be an initial cost associated with my son joining this association. The up-front membership fee, the potential for some group participation and a bit of demand on his time. These are short-term investments. The return on investment will yield tangible results when he graduates and starts looking for substantive employment opportunities. The store owner may pay for the equipment and set up of a Checkpoint System up front but the dividends will quickly follow. Shoplifters will be deterred and take their activity elsewhere. Merchandise that is tagged but missed due to being on the bottom of a shopping cart will activate Checkpoint tower alarms and allow employees to recover the items. In other words, the investment will begin to pay for itself immediately in shortage reduction and will continue to reap rewards as long as you tag merchandise and maintain your equipment.
Can Loss Prevention be free? It can be and the team at Loss Prevention Systems Inc. are happy to spend time with you explaining all of the benefits of a Checkpoint System. Try out the Loss Prevention ROI Calculator, see what you could save and how long for a system to pay for itself then give them a call (they won’t call you first). What have you got to lose? It’s FREE!
For more information about the Loss Prevention ROI Calculator contact us or call 1.770.426.0547
Can Loss Prevention be free? It is an odd question in an article on Return On Investment but hang tight and I think you will see where I am going with this. My son was recently asked to join an honor society for business majors at the college he attends (yes, this is a bit of bragging on my part). He has been reluctant to join for several reasons, one of which is the cost associated with membership. He is also concerned about the time he may be asked to devote to the organization. He is very conscientious of his time and recognizes the amount of time he has to devote to studies and his job. His fear is that joining the group could require more of his time than he is willing to invest. His argument is that he has kept his grades up through his college career by not getting too involved in outside activities. He has some valid points and since he does so much better in college than I ever did I don’t want to challenge him on this too much. I did discuss with him the potential return on investment should he choose to pursue becoming a member of this organization. Benefits would be invitations to attend presentations by major business firms, networking with people who could help direct him in career choices and meeting hiring managers in smaller career fair venues. The return on his investment of time and money could pay big dividends down the road. Your friends at Loss Prevention Systems Inc. know that a return on an investment is important for business owners and that is why they offer the Loss Prevention ROI Calculator.
To answer the question I posed at the beginning of the article, “Can Loss Prevention be free?” you have to understand what Loss Prevention entails. It can be security staff, the use of closed circuit television, a retail loss prevention consulting firm, merchandise protection (such as electronic article surveillance equipment) or any combination of those tools. It is all that is used to deter and prevent shoplifting and internal theft. Now on the surface it sounds like it would have to cost money, right? Loss Prevention Systems Inc. says that it is possible to have Loss Prevention that ends up costing nothing, helpful especially to small and medium sized retail stores. They offer the free use of their Loss Prevention ROI Calculator to anyone who wants to see for themselves how this can be the case. The calculator is free to use, requires no registration or sign up and it does not track users. The owner or manager enters two pieces of information, estimated annual sales and how much they would like to invest in a electronic article surveillance (EAS) System the calculator does the rest of the work. The outcome is an estimation of how much the store would reduce inventory shrinkage and how long it would take for that savings to pay for a sytem. Store owners can change the numbers they enter to try different combinations, all at no cost.
The decision my son faced is similar to what a store owner would have to consider. There would be an initial cost associated with my son joining this association. The up-front membership fee, the potential for some group participation and a bit of demand on his time. These are short-term investments. The return on investment will yield tangible results when he graduates and starts looking for substantive employment opportunities. The store owner may pay for the equipment and set up of a EAS System up front but the dividends will quickly follow. Shoplifters will be deterred and take their activity elsewhere. Merchandise that is tagged but missed due to being on the bottom of a shopping cart will activate EAS tower alarms and allow employees to recover the items. In other words, the investment will begin to pay for itself immediately in shortage reduction and will continue to reap rewards as long as you tag merchandise and maintain your equipment.
Can Loss Prevention be free? It can be and the team at Loss Prevention Systems Inc. are happy to spend time with you explaining all of the benefits of an EAS System. Try out the Loss Prevention ROI Calculator, see what you could save and how long for a system to pay for itself then give them a call (they won’t call you first). What have you got to lose?
It’s FREE! For more information about the Loss Prevention ROI Calculator, contact us or call 1.770.426.0547
