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Q. Why should you choose a career in retail ?
Q. What are the eligibility criteria?
Q. What is the course detail under retail?
Q. What kind of profiles does retail industry look for?
Q. What are the prospects in retail industry?
Q. What could be your expected remuneration on completing a course in retail?

Q. Why should you choose a career in retail ?

Retailing process involves a direct interface with the customer and the coordination of business activities from the design stage of a product to its delivery and post-delivery service. In this career, one will get openings in sales and marketing, operation, concept and design, buying and merchandising and also in administration. The economic boom and the enormous expansion in the retail sector make this career most sought after.

Q. What are the eligibility criteria?

There are many institutes that offer courses in retail such as MBA in retail management, Post Graduate Diploma in Retail Management , Post Graduate Diploma in Visual Merchandising and Store Design and so on. In some institutes, retail management is offered as a specialized paper with MBA or other subjects. Candidates having a high school graduation or its equivalent, plus two or degree can apply for certificate, diploma or bachelors courses in Retail Management.

Q. What is the course detail under retail?

A course in retail management will help one to learn the concepts of retailing, which would be helpful for future undertakings as well as practical experiences. Marketing strategies, Accounting, Business mathematics, ethics and law, Customer relation, business communication and Retail buying and operations are some of the topics related to Retail management courses. The courses will also provide information on merchandising, finance management, electronic retail, supply chain management etc.

Q. What kind of profiles does retail industry look for?

Retail is not an industry for shrinking violets. If you think about it, whether you’re running an ice cream van business or working in a multinational retail corporation, you’ve got to be able to communicate effectively. After all, retail companies can only prosper if they’ve got customers and without being able to relate to and communicate with those customers, you’ll soon find that you’ll lose your customers to your competitors. The candidates need to be punctual, must possess good communication skill, and must have a calm temper, desirable to work for long hours and understanding the requirement of the customers.

Q. What are the prospects in retail industry?

There is ample prospects in retail industry, if one is hardworking can climb the ladder of success in no time. Mentioned below are some of the prospects:
•  Sales: It is the entry-level post of retail business. But as every retail shop is completely dependent up on the sales they get, this is one of the important posts in this profession. To be a good sales person, one should have good knowledge about the products, the shop, the customers etc. Sales associate, Sales Manager, Department Manager are some of the posts one could handle in this section.
•  Store Manager: Store managers sometimes called General Manager or Store Director, are the responsible persons for managing an individual store and its day- today functioning. The store manager is in charge of the employees of the store and he himself may report to a District or Area manager or the store's owner.
•  Retail Manager: It is the duty of a retail manager to plan and coordinate the operations of the outlet. This involves the layout of merchandise, monitoring the retail orders and stock, analyzing the supply etc. Candidates with MBA can start off as retail manager.
•  Retail Buyers and Merchandisers: They are the persons who select and buy the goods for the retail shop. They should understand the needs of the customer, should be aware of the trends in the market, and should possess great enthusiasm and energy.
•  Visual Merchandisers: These people give the brand a face, so they hold the key  position in the industry. Being a part of concept and design one could also be a technical designer, product developer and store planner.

Q. What could be your expected remuneration on completing a course in retail?

The remuneration in the retail industry depends up on the company, nature of work and the area where you work. The average starting salary of a sales person in the retail industry is Rs 5,000 per month. Depending on various post, the salary range varies between Rs 6,000 to 25,000 per month. The special packages, bonus, incentives offered are the peculiarities of this career.