Security tags on clothes not only deter shoplifting and prevent theft reducing shrink numbers, they also will boost net margins significantly.
Studies show that retailers who utilize security tags on clothes as part of an EAS (Electric Article Security) system see a significant reduction in shoplifting attempts and less shoplfter traffic in the stores because they simply move on to ther unprotected store. The Checkpoint Systems manufactures the world’s marketshare leading EAS system. These systems include pedestal antennas installed at doorways. These antennas will detect security tags on clothes and alarm the system when the clothing security tags are in the field of the antennas, which naturally will cause shoppers to pause or stop allowing the staff to address the issue.
Back to boosting profits, let’s say we have a boutique clothing retailer selling $1million per year. Most likely if they have no loss prevention training or staff in place and are not using security tags on clothes they are losing about 5% to 10%. So that number would be on the low side $50,000 per year in merchandise. Typically that retailer will have a net margin of 2% to 5%. Take the high number here and the net profit is $50,000.
It is typical to reduce shrink by at least 50% when going from no system in place to a loss prevention system in place. So if the retailer goes from 5% shrink to 2.5% shrink, they add $25,000 to the net profit margin, whci is a 50% increase in net margin!
And the cost to install the Checkpoint system with security tags on clothes is a fraction of those number bringing a return on investment in a few months.
Fore more information visit: security tags on clothes or call 1-866-914-2567