Merchant Method
  • About
  • Blog
  • Free Training
  • MERCHANT LOGIN
  • About
  • Blog
  • Free Training
  • MERCHANT LOGIN

Retail Loss Prevention Essentials

4/18/2017

 
Merchant Method Retail Loss Prevention Essentials | LP | Employee Theft | Store Theft | Theft Prevention | Visit merchantmethod.com/retailtrends
Store theft and inventory shrink are business bummers that, left unattended, will harm the health of your business. Yet, despite this impact on both employee morale and bottom line profit, many independent retailers never take comprehensive action to minimize these problems and preserve their hard earned profit.

​This week’s trend report, Retail Loss Prevention Essentials, highlights the important elements of a comprehensive profit preservation program. We will also discuss how loss prevention that isn’t well thought out actually deters sales, not just theft.

Topics Discussed in this Trend Report:

  • Loss prevention and its importance for businesses of any size
  • Inventory shrink as it relates to your overall business operations
  • The three components of a comprehensive loss prevention program
  • Body language and customer interactions that turn customer service into customer following
  • The danger of inconsistent behavior when helping someone who is perceived as a customer versus someone who is perceived as a potential shoplifter
Resourced Mentioned:
  • David Castlegrant & Associates
  • Pekin Insurance

Comments are closed.
    What's Your Retail Success Style? Quiz on an tablet device | Visit merchantmethod.com for more.
    @merchantmethod on Instagram was named a must-follow account for retail news, ideas, and inspiration by Vend | Follow @merchantmethod | Visit merchantmethod.com/press for more info.
    Merchant Method Retail Trends Top Block Posts | Visit merchantmethod.com/retailtrends for more info.
    #1  THE FUTURE OF RETAIL

    #2  HOW TO DESIGN A FOOLPROOF BRAND EXPERIENCE

    #3  5 STEPS TO SELL SLOW-MOVING STOCK

    #4  CREATING A COMMUNITY (AND LOYAL CUSTOMERS)

    #5  LEARN WHY SHOPLIFTING HAPPENS AND HOW YOU CAN PREVENT IT

    ​
    ARE YOU LOOKING FOR MORE?
    Merchant Method is an retail consulting and instructional design agency for modern retailers and manufacturers. | Visit merchantmethod.com for more info.
    When you do, you'll get insightful how-to resources, retail inspiration, and time-sensitive deals.

BUILD RETAIL PROFIT IN SIMPLE, ACHIEVABLE STEPS

Vertical Divider
HI, I'M CHRIS GUILLOT!
I made my first sale when I was eight years old and started teaching retail business classes at 20. Now, 23 years after guiding my first clients, I'm here to help you build more profit.
Vertical Divider
LET'S STAY CONNECTED
GRAB YOUR SWAG
LINKS
Home
About
Blog
Free Training
Work With Me
Press & Media
Contact
Testimonials
Terms of Use
Privacy Policy


© THINKING THUMBPRINT LLC DBA MERCHANT METHOD