DIGITAL MEDIA GHOST
  • Publication
  • #GhostsWriteIt Spotlight
    • Writer Spotlight Submission
  • Services
    • Digital Strategy
      • Content Marketing
      • Law Firm Marketing
      • Social Media Management
    • Ghostwriting
    • Public Relations
      • Social Sabotage & Online Privacy
        • Social Media Policy Template
  • About
  • Publication
  • #GhostsWriteIt Spotlight
    • Writer Spotlight Submission
  • Services
    • Digital Strategy
      • Content Marketing
      • Law Firm Marketing
      • Social Media Management
    • Ghostwriting
    • Public Relations
      • Social Sabotage & Online Privacy
        • Social Media Policy Template
  • About
Search

The Best Technology to Protect Your Business From Shoplifters

4/24/2019

0 Comments

 
Picture
by Frankie Wallace, Guest Contributor

If you’ve run any kind of retail store, you probably understand the seriousness of shoplifting. It can be a massive blow to your finances when people take your items without considering or caring what you paid for it. Sometimes they have malicious intent, and sometimes they just fail to see the big picture — but at the end of the day, you’re taking a loss on your profits.

Many people aren’t aware of just how common shoplifting is. Just in the United States, there are more than 27 million shoplifters, and only 1 in 48 attempts are ever thwarted. That’s less than 2% of shoplifting attempts that are unsuccessful, striking a massive blow to small businesses everywhere.







That said, it should be no surprise that retail shrink is on the minds of anyone who has any business selling products from a storefront. This problem is plaguing small businesses everywhere, in a time when small businesses are struggling heavily to survive as it is. However, there is hope to be found in technology being used to secure and monitor storefronts — if you’re willing to use it to its greatest potential.
​
Electronic Article Security (EAS)
Have you ever accidentally walked out of a store without paying for an item, only to find an alarm system blaring once you leave the doors? That is because the product in your hands probably had an electronic article surveillance, or EAS, tag attached to it. This kind of technology has been around for quite some time, and is still a relevant form of inventory protection in a world where shoplifting is so common.

In case you haven’t seen these kinds of products before, here is how they work: EAS setups usually include an antenna, deactivator, and a tag. The tag is physically attached to the products in question, and the antennas are typically placed at the front door of a storefront. If a shoplifter passes by the antenna while the tag is still attached to the product, an alarm will sound, catching the shoplifter redhanded.

Ideally, for the product to leave the store, the tag must be removed, which can only be done by the clerk at the front desk after it is purchased. Notably, there are other kinds of security tags too, which are designed for different kinds of items, and are not all EAS systems.

Facial Recognition Software
Artificial intelligence (AI) has reached a point now in which it is able to recognize the faces of shoplifters if they choose to enter their previously robbed store. Naturally, this kind of technology is called facial recognition software. IT Media reported that it could reduce shoplifting up to 40%.

The way it works is with an AI-ran camera, which notices suspicious behavior from a shopper and alerts a security system. If the person ends up being a shoplifter and gets away with it, then the system can be programmed to recognize their face the next time they enter the store, as many shoplifters are repeat offenders.

Unfortunately, this technology is still in its infancy stage. Additionally, it isn’t widely affordable either, and there are concerns of glitches in the system identifying the wrong people. However, as facial recognition software develops, so does the potential for store security in the future.

GPS Trackers
You have probably experienced this next kind of technology through the USPS or other mailing systems. If you order products online very often, then you’re definitely familiar with it. Retail stores are starting to use it for high ticket items.

The system in question is that of GPS trackers. They are making headway in retail by stopping theft from employees while an order is in transit. Many shoplifters are employees themselves, after all.

With these GPS trackers, stores can find unlawful interception to the transportation of their big-ticket items. Hopefully, they will also weed out unfaithful employees in the process. They can also keep close track of these items when mailing services fail to do their job correctly, should those services still be used in order transportation.

Inventory Management Systems
Implementing inventory management systems to track the intake and output of all products in the store could help businesses track retail shrink more closely. They come in many different forms, and often include elaborate infrastructures that use programs like Square and Quickbooks in conjunction. Effectively, they will track all transactions, adjustments, and stock from each department in your store.

Having everything in one place is incredibly useful for managing your inventory and discovering when something is awry, but it could also be used to tighten up ship as well. For instance, maybe your employees aren’t greeting every shopper at the door and when they leave. If you notice retail shrink in your inventory management system, you can use these numbers to show your employees that little actions like this really do help in the prevention of store theft.

Smart Monitoring
You have heard of store cameras — and you should definitely be using them. But have you thought of hooking those cameras and security systems up with your smart phones? Thanks to recent technology, this is possible!

Using smart technology to monitor your office from a remote location allows you to be notified at the get-go if there is a break-in after hours. When an alarm is tripped, your smartphone will be notified. With this technology, you will be the first to know if someone’s breaking in to your store. Hopefully, it helps you to act fast and make adjustments where need be.

Closing Thoughts
With smart technology and AI being added to the retail security world, shoplifting numbers could soon start to decrease. However, it is notable that the human intention and monitoring of such systems is important as well. If we use technology wisely, we will be able to protect our businesses, incomes, and livelihoods better than ever. As technology advances and these systems improve, hopefully we can put a near-end to shoplifting as we know it
​
0 Comments

Your comment will be posted after it is approved.


Leave a Reply.

    Picture
    Become a Ghostwriter!
    Picture
    Contribute to DMG
    Picture
    BECOME A GUEST CONTRIBUTOR
    Picture
    PROMOTE YOUR BUSINESS BY GUEST POSTING
    Picture
    ARE YOU A GHOSTWRITER? WE WANT TO KNOW!
    Picture
    DO YOU HAVE A GHOSTWRITING BUSINESS?

    RSS Feed

    Categories

    All
    Agency Spotlight
    Business
    Digital Marketing
    Ghost In A Flash
    Ghostwriting
    Media Relations
    Privacy Concerns
    Social Sabotage
    Technology
    Writer Spotlight
    Writing

    Advertising Disclaimer

    Archives

    February 2023
    January 2023
    December 2022
    November 2022
    October 2022
    September 2022
    August 2022
    July 2022
    June 2022
    May 2022
    April 2022
    March 2022
    February 2022
    January 2022
    December 2021
    November 2021
    October 2021
    September 2021
    August 2021
    July 2021
    June 2021
    May 2021
    April 2021
    March 2021
    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    October 2017
    September 2017
    August 2017
    July 2017
    June 2017
    May 2017
    April 2017
    March 2017
    February 2017
    January 2017
    December 2016
    November 2016
    October 2016
    September 2016
    August 2016
    July 2016
    June 2016
    May 2016
    April 2016
    March 2016
    February 2016
    January 2016
    December 2015
    November 2015
    October 2015
    September 2015
    August 2015
    July 2015
    June 2015
    May 2015
    April 2015
    March 2015
    February 2015
    January 2015
    December 2014
    November 2014
    October 2014
    September 2014
    August 2014
    July 2014
    June 2014
    May 2014
    April 2014
    March 2014
    February 2014
    January 2014
    December 2013
    November 2013
    October 2013
    September 2013
    August 2013
    July 2013
    May 2013
    December 2012
    November 2012
    October 2012
    September 2012
    August 2012
    July 2012
    June 2012

Find your domain and create your site at Weebly.com!
Digital Media Strategy
Content Marketing
Law Firm Marketing
Search Engine Optimization
Social Media Marketing
eBooks
Writing
Becoming a Ghostwriter
Blogging
Content Marketing
Ghostwriting Services
Guest Post Guidelines
Media Relations
Online Crisis Management
Personal Brand
Public Relations
Reputation Management
About
Our Team
Our Results
Testimonials
Contact Us
Locations:
New Orleans, LA
Nashville, TN

DMG University
Privacy Policy | Terms & Conditions | Cookie Policy
Digital Media Ghost  @2020
  • Publication
  • #GhostsWriteIt Spotlight
    • Writer Spotlight Submission
  • Services
    • Digital Strategy
      • Content Marketing
      • Law Firm Marketing
      • Social Media Management
    • Ghostwriting
    • Public Relations
      • Social Sabotage & Online Privacy
        • Social Media Policy Template
  • About