As theft prevention measures become more common, many retailers are locking everyday items behind cabinets. While this can deter thieves, it can also frustrate honest customers who then turn to online shopping. The key to balancing security and customer satisfaction lies in having more attentive associates on the floor, which can both deter theft and enhance customer experience. Additionally, leveraging smart technology, such as AI-powered cameras and computer vision, can detect suspicious activity without impacting genuine customers. Retailers need these tailored strategies that combine the human touch with tech solutions for optimal results: https://bit.ly/4cfnOss #RetailStrategy #CustomerExperience #TheftPrevention #RetailTechnology #SmartRetail
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Minor Decliner can help you reduce retail theft without sacrificing customer experience. Learn more about our ID scanners to unlock display cases for verified customers, and other tips for foiling shoplifters. https://lnkd.in/exva6pD6 #RetailSecurity #LossPreventionTech #IDScanning
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Global Director of Risk Management, AI Risk, Security and Loss Prevention Operations | LinkedIn Influencer & Leadership Coach
I can only see 3 pain points for self checkout, 1) Customer friction because items not scanning correctly which holds you up 2) High theft rate 3) And there now seems to be a move towards security introducing barriers to leave the self scan areas once the customer scans the receipt. If not self scan, then what's next? because the self scan option seems to create a problem, both for the customer and the retailer, so why have it? #selfscan #customerexperience #newworldnorm #nwn
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Reducing Shrinkage with Real-Time Monitoring Shrinkage is a major concern for retailers, but what if you could reduce it significantly with real-time monitoring? Advanced video analytics can detect suspicious activities, such as shoplifting or employee theft, immediately. This technology triggers alerts for unusual behavior, allowing your staff to respond promptly. By reducing shrinkage, you can protect your bottom line and maintain a safer shopping environment for your customers. Send me a message to see how AnaVue can help reduce shrinkage in your store. P.S. Ever caught a shoplifter in action? Share your story!
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With the ability to monitor customer behavior, track objects across cameras, and set dwell alerts, #BriefCam #videoanalytics is a valuable tool for both #retail optimization and loss prevention. Learn about the impact retail theft has on pricing and profits, and find out how you can safeguard the physical shopping experience: https://hubs.la/Q0247Y6W0
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Fraud prevention and exceptional customer experience – yes, you can have it all! Check out this insightful article on "How to Catch Fraud While Maintaining a Great Customer Experience" by Appriss Retail's VP of Customer Success, Kara Holthaus. 🚀 Key Takeaways: ✅ Proactive fraud detection strategies ✅ Minimizing false positives ✅ Balancing security and convenience Read it here: https://hubs.li/Q02bDrwg0 #lossprevention #retailCX #retailfraud
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Senior Product Designer at Publicis Sapient | Expert in data-driven UX | Skilled in analytics, technology, and service design | Experience with Fortune 500 companies, including United Health Care Group.
🎙 Leveraging Facial Recognition for Retail Security Protecting retail profits and a secure shopping environment is a top priority for businesses worldwide. With billions lost annually to theft, innovative solutions are necessary to safeguard profits. Facial recognition technology is revolutionizing retail security by providing a proactive solution to theft prevention. Here's how retailers can implement facial recognition technology into their security systems: 1. Integration: Seamlessly integrate facial recognition technology into existing video surveillance systems. 2. Data Collection: Capture live video streams within the store environment. 3. Facial Analysis: Extract facial features and analyze images for potential matches. 4. Database Matching: Compare facial data with a pre-existing shoplifter database. 5. Notification: Automatically alert store security upon detecting a match, enabling swift intervention. By implementing facial recognition, retailers can proactively deter theft before it occurs, provide a safer shopping experience for customers and staff, and safeguard profits while minimizing financial losses due to theft. As the retail industry continues to evolve, embracing innovative solutions like facial recognition is essential to staying ahead of the curve and ensuring a secure and profitable business environment. #RetailSecurity #FacialRecognition #Innovation #LossPrevention #RetailTech
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Fraud prevention and exceptional customer experience – yes, you can have it all! Check out this insightful article on "How to Catch Fraud While Maintaining a Great Customer Experience" by Appriss Retail's VP of Customer Success, Kara Holthaus. 🚀 Key Takeaways: ✅ Proactive fraud detection strategies ✅ Minimizing false positives ✅ Balancing security and convenience Read it here: https://hubs.li/Q02bDgT20 #lossprevention #retailCX #retailfraud
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Double Down on Shoe Security: Tamper Evident Technology The fight against retail theft demands a multi-layered approach. Tamper evident security labels specifically designed for shoes offer a powerful tool in your arsenal. These labels utilize advanced technology to deter theft and identify counterfeits. Importantly, they achieve this feat without leaving any residue or marks on the shoes themselves. This ensures your inventory remains pristine while providing a clear indication of tampering attempts. By implementing these labels, you demonstrate a commitment to both security and customer satisfaction. #ShoeRetail #AntiCounterfeiting #SecurityInnovation
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🌟Field Account Manager, LexisNexis Risk Solutions - Helping Clients Mitigate Risk and Increase 📈 Efficiency.
Maanas Godugunur will explain how digitalization continues to transform the industry and address the impact of fraud, beyond the chargeback, including the long-term cost on customer experience.
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Maanas Godugunur will explain how digitalization continues to transform the industry and address the impact of fraud, beyond the chargeback, including the long-term cost on customer experience.
Attend this webinar to learn more
web.cvent.com
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