Theft (defined the Jewelers' Security Alliance as the taking of property without force or fear) is like the Trojan Horse of crimes in the jewelry industry.
History buffs know what I'm talking about. The heavily-secured fortress of a jewelry business gets compromised by a small army of savvy thieves disguised as customers.
In essence, state-of-the-art physical and electronic security get neutralized because procedural security fails to meet standards. It may sound far-fetched, but it happens all the time. Theft is the most preventable crime facing the jewelry industry, yet it continues to lead the way in terms of the number of incidents.
Theft prevention for jewelers starts with knowing these warning signs preceding a crime:
The Obvious Signs |
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The Not-So-Obvious Signs |
Theft Warning Signs: The Obvious
Appearing Nervous or FidgetyEven professional thieves had to start somewhere. It takes a lot of guts to steal something and it's hard to quell the human nature of rushing adrenaline while being in the hot seat. A normal customer has no reason to be nervous. They should be excited — they're shopping for jewelry after all! If the associates at your business make customers uncomfortable, you might have problems other than theft prevention. Pictured: Actual suspects wanted for theft in January 2017 as noted by the Jewelers' Security Alliance.
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Entering in a Group and Dispersing in the StoreThe typically jewelry shopper is most likely either:
When groups of people split up in your store, it could be to form a distraction. Make sure there are enough associates available to properly serve each customer and don't feel bad if you have to tell someone to wait.
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Theft Warning Signs: The Not-So-Obvious
Interested in EverythingStaying on a streak of practicing flawless procedural security is like a manufacturing plant that counts the number of days without an accident — it can't go on forever. If a potential customer goes from showcase to showcase asking to try everything on, they could just be waiting for you to slip up. They might tell you that they're a big spender in order to for the potential sale to blind you from practicing good procedures, but this in itself should raise a red flag. If they're bombarding you and you feel prone to making a security mistake, there's no shame in asking for assistance or additional security to stand nearby.
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If each theft was as damaging to a jewelry business as the Greeks were to the city of Troy, the lesson would be learned quickly and the outcome probably wouldn't repeat itself.
While theft prevention of jewelers doesn't parallel the fall of empires, it can take a while for all of the associates at your business to be trained to recognize these nuances that precede crime. Kick your theft prevention up a notch and have them complete the Selling with Security course on JM University® today!