Could Surveillance Cameras Be The Solution For Your Store's Shoplifting/Employee Theft Problems?

November 10th, 2022

retailers have been attempting to nip shoplifting and employee theft in the bud for generations now. Unfortunately, their efforts don't always go according to plan, though. Research from AZ Central indicates that the retail industry loses as much as $15-billion annually due to theft. That equals out to $41-million in losses daily. Those amounts are certainly nothing to sweep under the rug. Why? Well, if businesses fail to combat these situations, they could find themselves filing for bankruptcy and closing their doors for good. 

That is not an outcome that any business owner wants. Therefore, they must think outside of the box to come up with effective ways to fight back against inventory shrinkage. Surveillance cameras can prove to be just what the doctor ordered for nipping theft issues in the bud. Now, this article is going to begin focusing on how the security equipment can assist business owners. Hence, interested parties should stay right here to learn more. 

Surveillance Cameras Can Assist The Loss Prevention Team

Shoplifters sometimes work alone. Then again, on other occasions, groups of criminals form organized crime rings to commit the deed. For example, one person can pose a distraction while the others stick pieces of merchandise into their pockets, purses, or backpacks. If employees are tied up dealing with the commotion, it is highly probable that they won't see the criminal activity taking place. Thus, the shoplifters can steal the goods and walk out the door without anyone being the wiser.

That is where surveillance cameras can come in handy. A security team can watch the store from multiple angles. As such, not only will they be able to view the disturbance, but they will observe the actual shoplifting as well. Then, they can spring into action to stop the perpetrators in their tracks.

Consider Cameras For Their Deterrent Abilities

Many times, visible surveillance cameras serve as deterrents. Various studies of previous career criminals indicate that CCTV systems would deter them from engaging in devious acts. Therefore, it stands to reason that by installing the devices, retailers will discourage persons from shoplifting and breaking into the establishment. With their livelihoods at stake, proprietors can't be too careful. So, if something as simple as investing in cams can prevent crimes, they should at least consider making the purchase. 

Cut Down On Employee Theft With Surveillance Cameras

Employee theft can be anything from stealing office supplies, customer data, products, and more. Heck, in some cases, workers might even slip a few bucks here or there from the cash register. These instances are not acceptable and try as they might; business owners are not always able to assemble an honest and trustworthy team. Bad seeds can slip through the hiring process now and again.

If left unchecked, employee theft can cost an organization a lot of money in the long run. Thus, it is a good idea to install cameras in strategic locations throughout the building. Then, if a representative takes company property, leaders will have the proof that they need to discipline the person appropriately. 

Give us a call if you are in the market for business security cameras. 

Call (804) 435-3402