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Which of the following can help reduce retail loss?

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Erick
a year ago
Question 8 of 13
Career development
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Which of the following can help reduce retail loss?

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How To Develop A Retail Loss Prevention Culture!
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13 questions (7 min)
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Why?

Forcing customers is never a valid option! Taking only credit card payments might discourage some customers. Keep in mind Jeff Bezos' philosophy: 'Obsess about your customer'. So, if you can: ✓ Reduce the amount of cash and encourage shoppers to use credit cards (or digital wallets and other more secure payment methods). This change might cause some inconvenience at first, but it might help streamline the checkout process in the long run. In addition, customers won't be able to shop with counterfeit money reducing retail loss.
Reference: 9 Effective Retail Loss Prevention Tips for Small Businesses written by Meaghan Brophy Photo by Tom Official on Unsplash

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