Appriss Retail

Recover revenue and improve customer experience with Engage Incentive Optimization! 💪 Engage Incentive Optimization analyzes return and purchase data to provide consumers with targeted, customized incentives. Special offers for sustainable shopping and in-store returns help build customer loyalty, recapture revenue, and boost your bottom line. 👉 Learn more https://hubs.li/Q02HZ_Ht0

Now's the time to rethink your returns strategy! Returns are more than just a cost of doing business. They can be transformed into opportunities to boost revenue and enhance consumer loyalty. Read our recent blog to learn about the potential of well-defined returns strategies fueled by AI and personalized incentives. 🔗 https://hubs.li/Q02Dzzf40

Say hello to Strategic Customer Success Manager Bryant McAnnally, CFI! 👋 With a background in retail loss prevention, risk mitigation, investigations, and safety, Bryant's goal is to deliver exceptional value to our customers every day. "It's a privilege to work with the people in this industry and my internal partners at Appriss Retail." - Bryant McAnnally Interested in joining the team? Visit apprissretail.com/careers to view open roles.

Time is money, right? When I think about this Ben Franklin adage, I’m reminded about my early career. The fear of missing out dominated my attendance at meetings, and I think this is still the case for many people today. Learning to let this fear go, however, set me free and allowed me to take control of my time in ways that I still utilize now. To anyone who feels you need to be present at every meeting, I promise it’s not as important as you think. You’re not going to miss all the important details, and it’s certainly not going to ruin your career or set you back. There’s no such thing as an exciting meeting unless something major is being announced. (If this is the case, I’ll schedule an all-hands with my teams.) This might sound easy to say coming from someone in a leadership position, but learning to let go of meeting FOMO truly impacted my career and set me on the right path towards effective time management. As a CEO, the meetings I host need to be valuable to both myself and my team. If I host a meeting that’s not productive or valuable, that’s my responsibility. I own up to it by cancelling similar meetings going forward, and I encourage my teams to do the same. Taking back the time we spend in meetings can be so valuable, it’s often my first piece of advice I give when people ask me about how I manage my time. I have plenty of other tips and tricks that also come to mind, just don’t ask to look at my calendar. That’s a story for another time…

Luxury retailers face a new, hidden threat: online claims and appeasements fraud, costing the industry up to $35 billion annually. 🤯 Appriss Retail's Director of Product, Pete Barker, uncovers the alarming rise of claims and appeasements fraud targeting high-end brands. Learn more about how these sophisticated schemes exploit outdated systems and learn strategies to safeguard your profits. 👇

Prioritizing customer experience in your loss prevention strategy ensures that security measures enhance the shopping experience, boosting satisfaction and loyalty. 🤝 Learn more about enhancing the customer experience with Appriss Retail. 🔗 https://lnkd.in/eV4X4Uqx

Have you ever wondered what’s the difference between Return Fraud and Refund Fraud? 🤔 Uncover the intricacies of fraudulent practices that jeopardize the financial stability, operational efficiency, and reputation of businesses, and learn effective strategies to combat them in our new course in collaboration with the MRC | Merchant Risk Council. Earn 1.4 CEUs towards your The Loss Prevention Foundation LPC Recertification! Enroll here: https://hubs.li/Q02BJ4Fc0

I love a good Prime Day deal, but as a true retail nerd, the psychology behind Prime Day for consumers and retailers alike fascinates me.    You’re telling me that Amazon can create a fake holiday, advertise it to the masses and move billions of dollars of merchandise out of thin air?    Launching Prime Day in 2015 was a genius move on Amazon’s part, and I’m not at all surprised the tactic continues to work. At its heart, I think this highlights two interesting aspects of consumer psychology:    1. Consumers still love the thrill of a deal. I myself enjoy doing research and scouring blogs to find the very best Prime Day discounts, and I’ll bite if I find the right one.    2. Prime Day reinforces how much we can be trained to fall in line and do what brands want us to do. As other retailers counter with their own sales events, we’ve become trained to drive sales during these fake holidays.    Amazon’s effect on consumers isn’t the only thing that’s interesting to me. When Prime Day began, other retailers practiced copy-cat behavior that directly called out Amazon, attempting to pull shoppers from Amazon’s site onto their own. Now, the pendulum has begun to swing the other way.    I’ve seen less marketing for other retailers’ major events mentioning Amazon by name or attempting to copy Prime Day’s success. Retailers are starting to do their own thing, which is imperative and represents a key shift in their own psychology.    By moving away from copying Amazon, brands are realizing the importance of deciding who they are and what their promotional strategies are going to be. When brands try to follow someone else’s strategy, they get into a race to the bottom and deteriorate brand reputation.    I’m sure that Prime Day will continue to boast eye-popping sales numbers. But as these major savings events become normalized, I’ll be fascinated to see what brand creates the next innovation and what affects it has on consumer and retailer psychology.    

[BLOG] Self-checkout might be the tech buzz in #retail, but it’s also a hotspot for shrink, prompting large retailers to reconsider its use. Dive into our latest blog to understand: 🔍 What is self-checkout shrink? 🔍 Common forms of internal and external shrink 🔍 Effective strategies to prevent shrink and protect profits 🔗https://lnkd.in/evxuVHzG https://hubs.li/Q02H4QC50

Detect and combat claims fraud efficiently with #AI! Learn more in our latest report: https://hubs.ly/Q02zwkcF0