The True Cost of Loss

What is the true 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 store 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 true cost, or should I say value, of using retail anti-theft devices? If you can find a company who sells cheap labels or cheap tags that are reliable, well, that’s an even better deal.

 Those cheap tags and cheap 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 retail Anti- theft Devices and retail Anti-Shoplifting tools that can help you prevent retail theft in your business with products like Cheap Tags and Cheap Labels. 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 retail Anti- theft Devices and retail Anti-Shoplifting tools to help you prevent retail theft in your business with products like Cheap Tags and Cheap Labels contact us.

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

 

Posted October 22nd, 2012 by Staff Writer and filed in prevent theft

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