On average, more than 75 % of retailer shrinkage is employee related thefts or shoplifting. Retail is known to be the top vertical market in the IP CCTV Sector due to its high Return on investment. It is estimated that in the retail sector, IP CCTV systems can pay for themselves within the first 6 to 12 months of usage through a high decrease of petty thefts.
Key uses of CCTV Systems in the retail sector include:
- Monitoring of delivery of goods
- Monitoring of staff for Fraud (altering tags etc)
- Integration with POS systems on cash points