retail management

Edumilestones

India

On-site

INR 450,000 - 550,000

Full time

14 days+

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Job summary

A Leading Retail Management Institute is looking for a Retail Manager with extensive knowledge of retail operations. The role involves improving operational efficiency, managing daily store activities, handling customer inquiries, and preparing promotional materials. Ideal candidates should have a BBA or MBA in Retail Management and possess critical skills in inventory management and customer service. The average salary exceeds 5 Lacs for freshers, and there is a high demand for this position in the retail sector.

Qualifications

Strong understanding of the retail process and customer needs.
Ability to manage day-to-day store operations effectively.
Capability to prepare sales and revenue reports.

Responsibilities

Improve operational efficiency of the retail process.
Manage day-to-day store operations and achieve sales targets.
Deal with customer queries and complaints and monitor stock levels.

Skills

Inventory Management

People Management

Customer Service

Organizational skills

Education

BBA and MBA in Retail Management

12th in any stream

Post Graduate Diploma in Retail Management

Diploma in Retail Management

Job description

Do you like to work in shopping malls, outlets etc.? Are you good at organizing and planning things? If yes, you should consider a career in retail management.

Retail management is all about understanding the buying needs of the customer and helping them to purchase the desired product from the retailer. It is a process of achieving growth in sales & customer satisfaction by attaining a better understanding of the consumers of goods and services produced by the company. Retail management has reformed unorganized shopping places to organized shopping places.

Example: Hypercity, Big Bazar, Spencers, DMart are few retail chains in India.

What are the roles and responsibilities for Retail Manager?

Retail manager improves operational efficiency through optimizing the retail process.
Manage day to day store operations.
Achieve or exceed sales target.
Deal with customer queries and complaints.
Monitor stock level, pricing and new purchases.
Ensure compliance with health and safety legislation.
Prepare promotional materials, marketing materials and displays.
Prepare sales and revenue report and forecast.

What are the key skills required for Retail Management?

Inventory Management
People Management
Customer Service
Organizational skills

What are the career opportunities in Retail Management?

Customer Care Executives
Department Manager
Retail Buyer
Store Manager
Supply Chain Distributor
Warehouse Manager
Brand Manager
Marketing Executive
Retail Manager

What is the salary and demand for Retail Manager?

Demand is High for Retail Management.
Salary levels are high for Retail Management. For freshers average salary is more than 5 Lacs.
Fees for the course are medium. To pursue this course students need to spend 3 to 4 Lakhs.
Level of preparation for Retail Management is medium. Students spend 1 year preparing for the entrance test of Retail Management.

What education is required to become a Retail Manager?

Student can do 12th in any stream. Then complete BBA. Further you can proceed with MBA in Retail Management.
Student can do 12th in any stream. Then complete BBA. Further you can proceed with Post Graduate Diploma in Retail Management.
Student can do 12th in any stream. Then complete Diploma in Retail Management.

What are the best colleges for Retail Management in India?

For Graduation