Each year, about 27 million people shoplift in the US. That’s a pretty staggering figure and it has led to greater security in the retail sector. We’re about to consider two factors that can greatly increase security for a retail company and limit shrinkage either due to employee stealing or customer theft.
Threat Analysis to Identify Weak Points in Security
This is something that most retail businesses must do on their own. However, assisting a business to recognize weak points in security can lead to a bigger sales opportunity for a security vendor. Here are a few things you can point out to a prospective commercial client:
- Neighborhood demographics – If theft per capita is high in the city where a retail store is set up, it becomes more financially responsible to spend a little extra on security.
- Entry points – This may involve both the front entrance to a store as well as a separate employee entrance if internal theft is supposed.
- Value of cash/inventory on hand – The more there is to steal, the more likely target a retail business becomes.
- Store setup – Sometimes the layout of a store makes it tough for staff to observe customers. A few small adjustments may make it more difficult for a thief to get away with it.
Monitored Video Security Services
Video surveillance, especially if employees and customers know they are on camera, can be a major theft deterrent. That alone often makes a surveillance system worth the cost to a retail store. It is important for video security to focus on entry points and exits as well as cash registers and any area where high-value items are located.
Video surveillance can prove instrumental in reducing theft as well as in obtaining a quick response to an emergency. For example, a monitoring service can quickly respond to a distress call when video surveillance shows a theft or hold up in progress. This reduces the risk of false alarms and ensures a faster response from local emergency services.
NMC provides video monitoring that can help put your retail store clients at ease, knowing that a trained CSR is there to help in case of an emergency.