The Real Cost of Loss

What is the real cost of a stolen item? Well, I guess that depends on what sort of profit margin you are trying to run on. If your retail establishment is going for a six (6%) percent bottom line a scenario would look like this:

A fifty-dollar ($50) item is stolen. To recoup that item you have to sell approximately eight hundred and thirty three dollars ($833) worth of product to make up for the stolen item at six percent (6%) profit.

That’s a lot of sales for one item!

That doesn’t include the extra spent in investigative, receiving or sales person hours to replace that item on the sales floor.

When you look at those costs, what is the real cost, or should I say value, of using anti theft devices? If you can find a company who sells cheap tags or cheap labels that are reliable? Well, that’s an even better deal.

Those tags and labels are designed to prevent retail theft from even happening inside your store. If you can save even one fifty-dollar theft from occurring buy purchasing those products, you have made a wise financial decision.

Visit RBC Security Solutions for Anti- theft Devices and Anti-Shoplifting tools that can help you prevent retail theft in your business with products like Cheap Labels and Cheap Tags. Our EAS Labels and Tags are not cheap they are inexpensive and made in the U.S.

For more information on how you can use Anti- theft Devices and Anti-Shoplifting tools to help you prevent retail theft in your business with products like Cheap Labels and Cheap Tags contact us.

Click here for your Free Sample of these new Cheap Labels and Cheap Tags for your Anti-Shoplifting needs!

 

Posted March 12th, 2012 by Staff Writer and filed in prevent theft

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