EXTROTECH

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A Retailer’s Best Defense Strategies Against Fraudulent Purchases

Though they create a hassle that retail organizations have to resolve, returns also give way to opportunity. For example, customers returning a product could stumble upon a product they may have overlooked in their previous visit to a store and purchase it. While not every return will end up as beneficial as this example, it’s important as a retailer to understand that returns will happen, but so long as they’re genuine returns, it isn’t the biggest worst outcome. This post will provide a breakdown of the types of returns retailers often face in addition to the ways they can curb the disingenuous returns.

While it’s clear that returns are inevitable, there are some ways for retailers to attempt to limit the number they have to deal with on average. It starts with optimizing a product’s landing page. (more…)

Preparation Strategies To Limit The Hidden Costs Of Equipment In The Industrial Space

As many businesses operating in the industrial space have come to realize, the price of oil is never the per gallon price. There is so much more that goes into making that oil function in a way that contributes to the processes of any business. The disposal costs and labor expenses, for example, are just a few of the ways businesses will be taxed for the purpose of the oil. Attempting to reduce the amount of money these will cost your business can be troublesome, but this post will provide a breakdown of the ways to avoid spending too much on the hidden costs of oil. (more…)

How Businesses Can Limit The Impact Of Crime On Their Operations

Considering the number of responsibilities that fall into the laps of business owners and managers continues to grow, it can be easy to overlook some of the criminal threats looming over their business. Of course it can be easy to track certain forms of criminal activity, but as these criminals become smarter and begin to employ advanced tactics, it’s become clear that many businesses are unprepared. Any form of criminal activity will cost a business a great deal capital and time to settle. In what ways can these businesses improve their security measures to prepare a meaningful defense from these attacks? Throughout this post, these defense mechanisms will be identified in addition to some methods of defense being broken down as well. (more…)