Making Money from Security
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Advertisements on
retail security systems not only create more revenue but also reduce the
hard-edge of security portals.
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There is no doubt that retail security is looking at revenue from
security.
To date, retail loss prevention has been a cost center for
retailers, save for the shrinkage prevented by such security, of course.
Now, however, a New York-based media company
has found a way to transform a component of retail security – store entrance
pedestals -- into revenue-generating opportunities. StoreBoard Media converts
the pedestals into indoor billboards, without compromising the stanchions’
security function.
StoreBoard Media presently has the exclusive rights to place their
indoor, patent pending EyeCurve billboards on the security pedestals at the
entrances to more than 10,000 chain drug stores nationwide, including CVS,
Duane Reade, Longs, Jewel-Osco and others, and is about to launch an expansion
initiative into shopping malls, department stores and other retail chain
stores.
The company works closely with Checkpoint Systems and Sensormatic,
who together produce 99 percent of the retail security systems in the United States.
While StoreBoards presents a revenue generating opportunity for
retailers – more than off-setting the cost of the pedestals themselves --
advertisers have embraced the concept because they know their message will
reach 100 percent of shoppers.
“In this world of fragmented multiple media messages, we are a
simple yet powerful mass medium that is only aisles away, not miles away, from
consumers’ point-of-decision, which is a major attraction for some
advertisers,” says Douglas Leeds, chief executive of StoreBoards Media. “It is
important to understand that we are positioned as a media buy, and thus do not
compete with other in-store media options for merchandising/trade dollars.”
Avoiding Visual Clutter
StoreBoard Media only accepts one advertiser per four-week cycle
to avoid visual clutter for the retailer.
More importantly, because the advertising cycles are only four weeks
long, consumers are greeted each month with a fresh new look.
The company sells, produces, installs and verifies the
installations on behalf of the stores and advertisers. The only responsibility
for the retailer is to approve the advertiser’s graphics prior to printing.
StoreBoards’ advertisers to date include P&G, Unilever,
Hershey, Energizer, Vonage, Kraft, Adams, L’Oreal,
Maybelline, Pfizer, Redi-Clinics, Wyeth, CBS Television and CW11.
StoreBoards represents a simple, yet exciting new medium that is a
win-win for both retailers and advertisers. It increases product and category
sales, adds retail excitement and generates media revenue that is simply not
normally available to retailers.