Understanding Why Jewelry Stores Need GPS Asset Tracking

Whether starting a new shop or looking to grow an existing one, running a jewelry store can be a gratifying and lucrative entrepreneurial venture. It lets you offer your customers unique and exquisite pieces usually associated with special occasions and meaningful moments. It also allows you to establish a highly discerning and loyal customer base. 

Unfortunately, your business is at high risk of theft because of your high-value items. Besides harming your emotional well-being and finances, this crime can damage your reputation. For this reason, you should invest in a Global Positioning System (GPS) asset tracker for your shop and commercial vehicles. 

If you want to protect your valuables, this article will explain why your automobiles and shops need a quality asset tracking system. 

2 Ways Data Transparency Can Increase Your Vehicle’s Lifetime Value

Investing in vehicles is a big decision for personal or business use. While the initial cost may seem low, you can expect it to provide value for years with proper maintenance and proactively addressing minor issues. 

Although scheduling regular upkeep is crucial in keeping your car’s best health, investing in data transparency systems is one of the best ways to increase its value. Here’s how an asset tracking system can benefit your jewelry company’s vehicles. 

1. Vehicle Data 

Besides ensuring your workers’ best health, being a responsible jewelry store owner means maintaining your company vehicles’ optimal conditions. You can monitor your fleet’s health by caring for every aspect of the truck or bus, including what’s under the hood. 

You can also let a professional contractor install a tiny GPS asset tracker that can provide precise information like mileage, engine hours, fault codes, and battery health. That way, you can immediately spot potential problems and address them before they escalate into bigger ones.

2. Driver Data 

While you may have efficient vehicles for your jewelry store, you can’t deliver quality products without hiring a reliable driver. How a driver handles a car, and the information they provide about it can significantly affect its performance. Unfortunately, they may be irresponsible and practice behaviors like speeding, idling, and excessive torque, which can harm your company's autos. 

Using a GPS asset tracking system, you can prevent these unwanted activities, reduce expenses, and decrease the likelihood of damage.

3 Reasons You Should Invest in Theft Prevention Systems

We live in a dangerous world where jewelry stores can lose everything in the blink of an eye. And unfortunately, we can’t see any signs of decreasing theft and criminal cases. Although it may initially cost your business some money, investing in quality asset-tracking systems can help protect your valuables. Here’s how these devices can help your jewelry store. 

1. Prevent Asset Theft 

Theft can harm a business’s reputation and operations if you sell coveted accessories. You can reduce the risk of theft and stay ahead by installing a device in your vehicle that sends instant alerts. 

GPS asset tracking systems can also provide anti-theft notifications when someone tries to start your car, ensuring your items’ safety. Moreover, most security apps include a Geofence feature that enables you to set a safe zone around specific areas. That way, you’ll receive notifications whenever your car passes by that zone. 

2. Monitor Fuel Theft and Fraud 

Fleet managers can avoid high fuel prices and monitor theft or fraud by using telematics systems to track their vehicles’ exact location and fuel data. 

3. Recover Stolen Assets 

Retrieving jewelry or imported goods can be tricky to recover once someone steals them. You can help locate these stolen items by installing a tracking device on your company bikes or cars. 

Protecting a Lucrative Store

No jewelry store deserves to suffer from theft because it can have damaging consequences. You can safeguard your business and its vehicles by installing a high-quality asset-tracking system. 

If your jewelry store needs professional asset tracking in the United States, call SolvLive! We’re committed to protecting your company’s people, profit, and reputation with our innovative security solutions. Reach us now to discuss your protection strategy!