Use Checkpoint security tags for retail theft prevention

Studies show that the use of checkpoint security tags for retail theft prevention will stop 75% of impulse shoplifters from attempting theft.  And the impulse shoplifters cause the large majority of all shoplifting losses at 85% of all retail theft losses.

There are three types of shoplifters. Impulse shoplifters are those that given the opportunity to steal without threat of discovery will take an item or items and keep them for personal use.  Amateur shoplifters are those that will steal habitually and keep the merchandise for personal use.  Then there are the professional shoplifters who steal often and with the purpose of reselling the merchandise.  On the rise are groups of professionals who work as a team to hit a store for big hits, this is what we refer to as Organized Retail Crime.

Using checkpoint security tags on merchandise for retail theft prevention will drastically slow down any thief.  Time is critical to a shoplifter.  They need to be able to very quickly conceal an item for theft.  If the merchandise has checkpoint security tags the thief has to attempt to remove it which is very difficult to do without damaging the product.  What thieves will do is scan a store to see what type of security exists.  Studies show shoplifters simply see a checkpoint security system installation and move on to unprotected opportunities.

For more info visit: checkpoint security tags for retail theft prevention

Checkpoint security tags control losses and boost profits

The use of  checkpoint security tags in a retail store will deter thieves from attempting theft.  The goal is retail theft prevention which will reduce shoplifting traffic and reduce the need to confront shoplifters in the act.

Studies show that casual shoplifters represent 70% of the shoplifting activity.  These shoplifters are opportunistic and impulsive.  The presence of anti shoplifting / retail anti theft devices will stop them from attempting.  76% of shoplifters will not attempt theft when encountering retail anti theft devices such as checkpoint security tags on merchandise.

Another interesting fact is thet 60% of shoplifters return to the same store because they got away with theft there before.  So installing retail anti theft devices such as checkpoint systems will deter theft, keep thieves out  and or from coming back to your store and reduce theft significantly, likely by around 70% or more.

Using checkpoint security tags to stop shoplifting will boost profits, it is simple math.  If you lose one $20 item and have a 2% net margin after all is said and done, you will have to sell $1,000 of merchandise to replace the loss.  This is because it takes profit to buy inventory…if there is only .40 cents of net profit in a $20 item…you can see it takes a lot of sales to fix even one stolen item.

So conversely if you save / stop your losses you will put all those sales dollars directly on to the bottom line profit margin.  Cut your loss by 50% with a 2% net margin and you could see a 50% or more increase in net margin.  This makes the use of checkpoint security tags a no brainer.

Fort more information visit: checkpoint security tags

Checkpoint security tags will save inventory and boost profits

Using checkpoint security tags to protect merchandise from shoplifting theft will keep inventory on the shelves, leaving more available for sale, boosting sales and boosting profits.  You can easily increase your net margins by 50% by implementing a loss prevention security method such as using  checkpoint systems  anti theft devices.

Let’s look at an example of how reducing losses will boost profits.  Take a retailer selling $1mil per year with a net margin of 2% and an inventory shrink rate of 2%.  Most retailers not using a system to protect their inventory are losing more than 2% but I want to be conservative in my example.  2% net margin & shrink means $20,000 net profit and $20,000 in shrink.  By using checkpoint security tags you will see at least a 50% reduction in shrink (many see over 75%).  And let’s say there is no bump in added sales even though typically there is a 5 to ten percent bump there simply due to having more merchandise available for buyers.  The 50% reduction in shrink equates to $10,000, which goes directly to the profit margin side of the books.  An added $10k in profit is a 50% increase on profit margin.  So now you land at a 1% shrink rate and a 3% net margin rate.

Again these numbers are conservative.  We have seen shrink rates well over five percent…imagine cutting a six percent shrink rate in half and how that would add to net margins!  Whatever you save from theft is purely added profit…another way to look at it is it takes your profit to replace your lost inventory.  So consider using checkpoint security tags to protect your merchandise and boost your profits. To learn more visit  checkpoint security tags 

Checkpoint security tags available in a variety of shapes and sizes

If you are considering the use of retail anti theft devices take a look at checkpoint security tags.   Checkpoint Systems is the world leader in EAS (Electronic Article Surveillance) systems likely due both to their ability to keep up with trends and their use of industry leading technology.

Whether you are protecting handbags, leather jackets, shoes, boutique apparel, men’s, women’s or children’s clothing, accessories, hardware such as electric drills and expensive tools, CD music, DVD’s & Blue Ray discs, ipods, memory cards, health and beauty products such as cosmetics, razors, drugs or baby formula, even liquor bottles…in other words anything you can sell in a retail setting can be protected by checkpoint security tags and or with their Alpha High Theft line of anti theft devices.

Some of the tags are called 3 alarm.  They will not only set off the alarm at the door, they have tamper sensitivity and built in sirens that will go off at any time the tag is tampered with…and that same siren will go off if the product is taken out of the store bringing attention to the shoplifter in a big way. You may have seen some of these in what are called “spider wraps”… security devices with cables wrapped around boxed items such as GPS units, small LCD digital photo frames etc…

If you are in the retail business you are losing inventory due to theft.  There is no way to avoid the presence of thieves, but what you can do is send them on to unprotected store by using anti theft devices such as checkpoint security tags and Alpha High Theft security products.

For more info visit: checkpoint security tags or Alpha High Theft Solutions

Checkpoint labels create win, win, win, win for retailers

Using checkpoint labels with your checkpoint security system delivers a quadruple win situation in the battle against retail theft.

(In no particular order) we have win number one. The reduction in inventory shrinkage will translate over to boosted profit margins.  Losing inventory directly affects net margins.  A $10 item lost will take $200 to replace in a 2% net margin situation.  Keep that $10 item and you just added $200 to the available profit & net margin.

Second win on the list would be less retail theft means more stock on the shelves available for sale. Retailers often do not consider how using products such as checkpoint security tags deliver a measurable increase in sales.  Price Waterhouse Coopers recently studies a chain of supermarkets over a fourteen-week period and found that after the implementation of the checkpoint security system the net sales increase by over 9%.

Again in no particular order let’s take a look at another win; sending shoplifters (thieves) elsewhere and keeping them out of your store creates a better environment for staff and customers.

Last but certainly not least the presence of the anti theft devices means less retail theft, reducing shrinkage.  Typically retailers see a reduction in inventory losses of over 50% when implementing systems such as a checkpoint security system.

For more information on using anti theft devices go to: checkpoint labels 

 

Checkpoint security tags send shoplifters away

Using anti theft devices and loss prevention security such as checkpoint security tags sends a message to shoplifters that studies show will simply send them elsewhere to unprotected targets.  This is a win, win, win, win situation.

Win number one; the presence of the anti theft devices means less retail theft, reducing shrinkage.  Typically retailers see a reduction in inventory losses of over 50% when implementing systems such as a checkpoint security system.

Win number two; the reduction in losses will translate over to boosted profits.  Losing product directly affects net margins.  A $10 item lost will take $200 to replace in a 2% net margin situation.  Keep that $10 item and you just added $200 to the available profit & net margin.

Win number three; less retail theft means more stock on the shelves available for sale. Retailers using products such as checkpoint security tags see a measurable increase in sales.  Price Waterhouse Coopers recently studies a chain of supermarkets over a fourteen week period and found that after the implementation of the checkpoint security system the net sales increase by over 9%.

Win number four; less riff raff in the store.  Sending shoplifters elsewhere and keeping them out of your store creates a better environment for staff and customers.

For more information visit: checkpoint security tags or call Loss Prevention Systems at 1-770-426-0547

Anti-Shoplifting Devices – How Do They Work?

In recent years it has become even more important for small business owners to use anti shoplifting devices on their merchandise.
According to the National Learning and Resource Center 1 in 11 people are shoplifters in the United States.  That means there are 27 million people shoplifting in the US alone.  Shoplifters also say that they are only caught about 1 in 48 times they steal.  Even if they are caught they are only turned over to authorities about 50% of the time.   Imagine if your business has a loss of a $10 dollar item 48 times.  That is $480 dollars of your inventory down the drain!!

These statistics are why most retailers, especially clothing stores use anti shoplifting devices such as checkpoint security tags.  These devices are typically called Electronic Article Surveillance (EAS) systems. Checkpoint tags are attached to the merchandise and a receiver for the tag somewhere at the doors.  If the tag is not deactivated or removed at the time of purchase then an alarm sounds alerting the store that the anti shoplifting device has been triggered.

Some of the technology today is extremely advanced. Checkpoint security tags can appear to be just another pricing tag so that the shoplifter may not even realize there is a security device on the article. Ink tags are another popular method.  These tags cannot be removed without damaging or destroying the article.  They have a great name for these; they are called “benefit denial tags”.

The good news is that the anti shoplifting devices in recent years have dropped the shoplifting rates about 60%.  It is still overwhelming to a small business however to be the victim of theft.

For information on anti shoplifting devices and prevention measures, contact us at anti shoplifting or call 1.770.426.0547.

Checkpoint security tags fit into the profit puzzle

The use of checkpoint security tags play an important role in the retail world other than protecting merchandise from theft.  The use of anti theft devices such as a checkpoint security system will significantly reduce retail theft and just as significantly if not more significantly boost profit margins.

Think about this if you are a retailer.  If you lose a $10 item, what is the effect that has?  Did you just lose $10?  Or if your net profit margin is 3% did you lose $7?  That is the thinking we hear from our clients when we first discuss this with them.

Think about this.  If the net margin on a $10 item is 3% then in order to produce $10 of profit to replace the stolen item you need to divide $10 by 3%.  That number is $333.33.  So if you lose $100 the sales required to replace that would be $3,333.33 and the numbers go from there.

According to the University Of Florida’s National Retail Security Survey large national retailers average about 2% net profit and lose around 2%.  These retailers typically have well managed Loss Prevention departments managing inventory and cash losses daily.

So an average retailer doing $1 mil will loose $20,000 if they have the same loss prevention program in place, most do not and lose double, triple, quadruple that and more.  Many do not really know what they are losing because they do not have programs in place to watch loss.

Back to boosting profits…you can easily cut your losses in half by using checkpoint security tags so let’s look at the effect on margin.  Go from a 5% loss to a 2.5% loss in a $1mil retail business that has a net margin of 3% before using checkpoint systems  anti shoplifting solutions then the $25,000 you saved bumps the net margin from 3% to 5.5% which is a 54% increase in net margin.

For more info on how you can boost profits by incorporating loss prevention solutions go to:  checkpoint security tags 

Why Checkpoint Tags Over The Imported Knockoffs?

We get this question from time to time. Genuine checkpoint security tags have a considerable advantage over the knockoffs out there. We hear tales of sales people saying that the tags they have perform as well as Checkpoint tags . Lets clear up some of the myths:

Genuine Checkpoint security tags ARE very different in deactivation. Knock offs in as much as 30% of the time will re-activate on their own after they have been deactivated at the POS and the customer exit. This is because they are cheaply made. Embarrassing and you do not need the customer hassle. Genuine checkpoint tags deactivate each time, every time period.

Genuine checkpoint tags have an aggressive adhesive. They will not fall off even if they have been on the merchandise for some time. This makes it more difficult for the person shoplifting to detect the tag and remove it easily.

Genuine checkpoint security tags do not fade. Discolored tags look terrible and degrade the look and appeal of your merchandise. Knock offs tend to fad or discolor quickly.

Genuine checkpoint tags come with 2000 to a roll or tray that are guaranteed to work if applied properly. The checkpoint security tags that did not pass QC are marked with a red dot. Do not use them. There are 2000+ good labels (non red dot) on each roll or tray.

Genuine checkpoint security tags can only be purchased from a Checkpoint Dealer. Loss Prevention Systems, Inc is a Gold level Dealer and we guarantee the lowest price on your new genuine checkpoint tags.

Do not allow shoplifting or a slick salesman cause you any more losses. Shoplifting needs serious solutions provided by serious companies.

For more information contact us at checkpoint security systems or call 1.770.426.0547

Anti Theft Devices That Make A Difference In Shoplifting

If you are looking for an immediate impact on your retail theft shoplifting problems you want to attack it with anti theft devices head on. To do this you must understand the difference between active and passive systems.

An example of a passive system is Closed Circuit TV (CCTV). Retailers install CCTV cameras through out the store. The cameras are recording on a DVR. The manager may even have a monitor in their office. But unless the cameras are watched at all time the system is passive. It is for after the fact. Some who is shoplifting knows this. They will even test it by concealing an item, move to another location and dump the item to see if anyone reacts. If not, the next time they come in the shoplifting begins.

An example of active anti theft devices is an Electronic Article Surveillance (EAS) system such as Checkpoint security systems. Checkpoint tags are placed on merchandise and when someone who is shoplifting attempts to steal tagged merchandise the Checkpoint security systems at the customer doors alarm. Even better than this when someone who is shoplifting sees an EAS system they most likely will simply go elsewhere like your unprotected competitor.

Why is this? It is because an EAS system is active and “watching” all the time. The Checkpoint security tags are always on the merchandise 24/7. They cannot be removed without staff intervention. As long as the retailer keeps the Checkpoint security systems in good working order they are always guarding the merchandise that is tagged.

Other anti theft devices could include glass cabinets or other locking devices to lock up merchandise. That is not as desirable since it does not allow the customers to handle merchandise and then decide at their own pace. In addition customers become frustrated quickly when staff is not right there to unlock merchandise.

Retail theft is tough enough to control without having the correct tools. Checkpoint tags on your merchandise keep your profits on your bottom line.

For more information contact us at retail theft or call 1.770.426.0547