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  • Add You - Retail Shrink - Every Retailer's Dirty Little Secret

    Primary Requisites For A Successful Home Business
    Running a home business has always interested people especially mothers and the home bound. However starting the business is not a game. It does not involve simply setting up your computer and beginning. People are often deterred from venturing further, when they become aware of some of the complexities included with regards to taxation, insurance and others.The primary ploy is to get rid of home-office related expenditure. This is a smart move but will require undertaking certain steps. You will have to use the office space solely fo
    ys tell employees to look at them long enough to recognize their eye color. You may think that is strange, but by doing that you have made a connection and a recognizable impression of their face. I still believe in the use of name tags worn on the right hand side of the shirt so that there is a connection made between the eyes and the name and back again. For the customer, this is the best way for them to recognize the employee as the expert who can help them. For the shoplifter, it is a way to make them uncomfortable, which is what the goal should be.

    3. Know Store Policies: Ongoing training prog

    Improve Your Grant Proposal
    Last Minute Grant Proposal ImprovementsThere comes a point where you never want to look at your grant proposal again. You have spent weeks working on it and the fast-approaching submission deadline that once filled you with fear, now makes you elated. You are ready to send it off and take a long weekend. Not yet! Stay dedicated enough to make the following last minute improvements and set your application apart from those that were sent off in haste.1. Hide it from yourself. After reading the same proposal repeatedly, yo
    I want to share this staggering statistic. 1 in 12 people in the US is a shoplifter and a shoplifter will commit an average of 50 thefts before being caught. What is worse for retailers is that this represents close a 5 Billion dollar loss to shrink.

    I think store shrinkage is that "dirty little secret" that no one wants to talk about but everyone knows it is happening. Most people feel that it is only the customer who is stealing. Unfortunately the latest statistics showed that dishonest employees stole as much as six times the dollar amount that shoplifters do.

    In order to "shrink the shrink numbers", I believe that organizations need to take ownership of the problem and train their employees to be more engaged at work. Statistics have also shown that if an employee has a conversation with a customer, that customer will be less likely to steal from that store. It seems to me that one of the key ingredients to any good training program should be that of making a connection with the customer.

    Here are 3 ways to connect and keep the attention of your customer.

    1. Aware: Employees are expected and encouraged to multi-task. I always have said that any good employee has to be a magician, an actor, a diplomat and a teacher! Those terms are even more important as scheduling becomes a challenge for retailers. No matter how busy an employee becomes, it is very important that they are always aware of who is in the store and where they are at any given time. If it is a large store with a number of departments, then each employee should be aware of who is in their area of responsibility.

    To be aware is to be actively engaged. What do I mean by that? I mean that personal technology devices are not allowed. As the employee is working they are making eye contact with customers in there area of influence. If they are text messaging or taking personal phone calls or chatting with other employees, they are not actively engaged in their job. Employees should be taught to notice bags that are brought into the store, heavy coats being worn when the weather is hot, overly large handbags and anything else that just looks suspicious. Offering to hold something at the register is a good way to help a customer who needs a hand but it can also make a "would be shoplifter" think twice.

    2. Eye Contact: When teaching employees how to greet a customer, never overlook the power of eye contact. I always tell employees to look at them long enough to recognize their eye color. You may think that is strange, but by doing that you have made a connection and a recognizable impression of their face. I still believe in the use of name tags worn on the right hand side of the shirt so that there is a connection made between the eyes and the name and back again. For the customer, this is the best way for them to recognize the employee as the expert who can help them. For the shoplifter, it is a way to make them uncomfortable, which is what the goal should be.

    3. Know Store Policies: Ongoing training progr

    What if Being and Entrepreneur Were Easy?
    What if government did not put so many onerous regulations in front of potential market winners? What if business really was fair and the government did not allow itself to be manipulated by competitors to attack new entrepreneurs? What if every company had to compete and deliver the best they could to the market place? What if the regulators were honest people and actually smart enough to follow their stated mission in their agencies? What if government was not so damn corrupt and what if markets were really free? What would happen then? Wh
    numbers", I believe that organizations need to take ownership of the problem and train their employees to be more engaged at work. Statistics have also shown that if an employee has a conversation with a customer, that customer will be less likely to steal from that store. It seems to me that one of the key ingredients to any good training program should be that of making a connection with the customer.

    Here are 3 ways to connect and keep the attention of your customer.

    1. Aware: Employees are expected and encouraged to multi-task. I always have said that any good employee has to be a magician, an actor, a diplomat and a teacher! Those terms are even more important as scheduling becomes a challenge for retailers. No matter how busy an employee becomes, it is very important that they are always aware of who is in the store and where they are at any given time. If it is a large store with a number of departments, then each employee should be aware of who is in their area of responsibility.

    To be aware is to be actively engaged. What do I mean by that? I mean that personal technology devices are not allowed. As the employee is working they are making eye contact with customers in there area of influence. If they are text messaging or taking personal phone calls or chatting with other employees, they are not actively engaged in their job. Employees should be taught to notice bags that are brought into the store, heavy coats being worn when the weather is hot, overly large handbags and anything else that just looks suspicious. Offering to hold something at the register is a good way to help a customer who needs a hand but it can also make a "would be shoplifter" think twice.

    2. Eye Contact: When teaching employees how to greet a customer, never overlook the power of eye contact. I always tell employees to look at them long enough to recognize their eye color. You may think that is strange, but by doing that you have made a connection and a recognizable impression of their face. I still believe in the use of name tags worn on the right hand side of the shirt so that there is a connection made between the eyes and the name and back again. For the customer, this is the best way for them to recognize the employee as the expert who can help them. For the shoplifter, it is a way to make them uncomfortable, which is what the goal should be.

    3. Know Store Policies: Ongoing training prog

    Maintaining Franchisee and Franchisor Relations
    How can franchisees maintain proper relations with their franchisor? A lot has been written about how franchisors can promote positive relations with their franchisees. Franchisors should maintain proper dialogue, reward the best performing franchisees and hold regular meetings. I believe that the duty also lies with the franchisee to help the franchisor achieve his goals of maintaining proper and profitable relationships both parties.Most franchisors aim to provide the ultimate in training, support and service to their franchisees. A
    n, an actor, a diplomat and a teacher! Those terms are even more important as scheduling becomes a challenge for retailers. No matter how busy an employee becomes, it is very important that they are always aware of who is in the store and where they are at any given time. If it is a large store with a number of departments, then each employee should be aware of who is in their area of responsibility.

    To be aware is to be actively engaged. What do I mean by that? I mean that personal technology devices are not allowed. As the employee is working they are making eye contact with customers in there area of influence. If they are text messaging or taking personal phone calls or chatting with other employees, they are not actively engaged in their job. Employees should be taught to notice bags that are brought into the store, heavy coats being worn when the weather is hot, overly large handbags and anything else that just looks suspicious. Offering to hold something at the register is a good way to help a customer who needs a hand but it can also make a "would be shoplifter" think twice.

    2. Eye Contact: When teaching employees how to greet a customer, never overlook the power of eye contact. I always tell employees to look at them long enough to recognize their eye color. You may think that is strange, but by doing that you have made a connection and a recognizable impression of their face. I still believe in the use of name tags worn on the right hand side of the shirt so that there is a connection made between the eyes and the name and back again. For the customer, this is the best way for them to recognize the employee as the expert who can help them. For the shoplifter, it is a way to make them uncomfortable, which is what the goal should be.

    3. Know Store Policies: Ongoing training prog

    Business of Bliss - Following A Creative Passion to Success!
    Creating has been a way of life for me as long as I can remember, and my passion for dolls, teddy bears and painting have been ever present. As a former preschool teacher, I have always enjoyed children, and naturally, my favourite dolls to create were child dolls. Fast forward several years, having been married for 5 years, my husband and I were expecting our first child. The excitement was almost more than I could handle! Well, suffice to say the delivery was nothing short of traumatic…but worth every moment when I held that tiny baby a
    ea of influence. If they are text messaging or taking personal phone calls or chatting with other employees, they are not actively engaged in their job. Employees should be taught to notice bags that are brought into the store, heavy coats being worn when the weather is hot, overly large handbags and anything else that just looks suspicious. Offering to hold something at the register is a good way to help a customer who needs a hand but it can also make a "would be shoplifter" think twice.

    2. Eye Contact: When teaching employees how to greet a customer, never overlook the power of eye contact. I always tell employees to look at them long enough to recognize their eye color. You may think that is strange, but by doing that you have made a connection and a recognizable impression of their face. I still believe in the use of name tags worn on the right hand side of the shirt so that there is a connection made between the eyes and the name and back again. For the customer, this is the best way for them to recognize the employee as the expert who can help them. For the shoplifter, it is a way to make them uncomfortable, which is what the goal should be.

    3. Know Store Policies: Ongoing training prog

    Ramadan To Be Hanged: Good Work Boys!
    Ramadan to be hanged: Good work boys!I’m not sure why, how and when the UN came up with a policy to not kill, killers, or to save killers, or to preserve them for posterity in prison cells, but it is a bad policy. And so thinks the Iraqi government, or legal process:“Iraq's High Tribunal has sentenced Saddam Hussein's former vice-president Taha Yassin Ramadan to be hanged. He was tried alongside the former Iraqi leader over the killing of 148 Shias in the village of Dujail in the 1980s.” Now anyone in their right mind knows this hig
    ys tell employees to look at them long enough to recognize their eye color. You may think that is strange, but by doing that you have made a connection and a recognizable impression of their face. I still believe in the use of name tags worn on the right hand side of the shirt so that there is a connection made between the eyes and the name and back again. For the customer, this is the best way for them to recognize the employee as the expert who can help them. For the shoplifter, it is a way to make them uncomfortable, which is what the goal should be.

    3. Know Store Policies: Ongoing training programs that focus on store policies and updates or changes are very important. Each company has a list of policies, many of which are hard and fast rules that only a manager can override. Policies that refer to holds, returns, cash refunds and exchanges are important for employees to know. Not only is it important to know the policies but it is even more important for the employees to know their own merchandise. Frequently customers will try to return merchandise to a store other than where the merchandise was supposedly purchased from.

    New, inexperienced employees can become flustered and choose making the customer happy over following the store rules. I know what you may be thinking…you were that person who actually had a legitimate return and the employee made the process painful at best! Yes, it situations like that happen everyday. The job of the employee is to use their "inner radar system" to decide if the return or complaint is legitimate or if the customer is looking for a way to "steal" from the store.

    Being aware, making eye contact and having a strong working knowledge store operations should be an on-going requirement for any store employee. When any of those three is missing, companies open the door for potential thieves to steal their profits.

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