Retail Loss Prevention - How Does The Ritron Quick Assist® Shopper Call Button Play A Beneficial Role?

Retail Loss Prevention

Ritron Quick Assist® - Protect Your Assets

The Quick Assist Shopper Call Button aids in preventing loss by allowing retailers to be confident that sales levels will not decrease for high value items displayed in a locked display case or behind a non-staffed counter. 

A typical case for a loss prevention manager might go like this:

This is when the loss prevention manager seeks out a solution to this problem.

Loss Prevention Strategy

Since the trade off is that sales volume will decrease when high value items are locked in a display case, the loss prevention manager now uses the Quick Assist callbox wherever high value merchandise is secured. 

What is Retail Loss Prevention?

A set of practices employed by retail companies to preserve profit. Profit preservation is any business activity specifically designed to reduce preventable losses. (Wikipedia)

How big a problem is loss prevention to retailers?

  • $42 billion in shrinkage for U.S. retailers
  • The percentage of sales lost in the U.S. stood at 1.85%
  • The biggest factor in shrinkage among U.S. retailers, the study found, is external theft / shoplifting, which accounted for 35.6% of all lost sales last year.
  • Internal factors, such as employee theft, accounted for 24.5% of losses.
  • Administrative errors and return fraud account for the remainder of losses in retail. 

Source: 2018 Sensormatic Global Shrink Index from Tyco Retail Solutions

Ritron Quick Assist® Wireless Shopper Call Button Information and Specifications:

Did You Know?
All Ritron products are field programmable. Find user manuals with complete instructions here, and for PC programmable products, find software information here.

How To Purchase
Purchase Ritron products through our network of authorized reseller partners across the United States. Send us an email at sales_info@ritron.com or call us at 800.872.1872 and we'll connect you with a trusted partner.

How do I find more information?

 

Find A Reseller Near You

Interested in how you can help your company improve its communication, productivity, security, or bottom line with Ritron wireless products? 

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