Retail Sector is the most flourishing sector in the Indian economy. Some of the
biggest players of the world are going to enter the industry soon. It is on the
threshold of bringing the next big revolution after the IT sector. It is moving
towards modernization and consolidation, generating employment for innumerable people.
Increasing disposable income, purchasing power and awareness levels are leading
to the growth of the sector. This scenario would bring out lucrative opportunities
for the young as well as experienced candidates.
Retail sector is expected to offer 50,000 jobs in the coming years. The sector has
vacancies from the entry level to senior management level. The skills required to
survive and grow in this sector are people skills, zeal, communication skills and
team spirit. To excel in this challenging sector the candidate must have an outgoing
personality to interact with customers or sellers.
As Retail sector jobs require public dealign, the candidate should be dynamic, versatile
and should have the right attitude to be successful. The profession demands excellent
command over language and spirit of working in teams. Promotions and growth entirely
depend upon the skills, achievements and efforts of the candidate.
Some of the profiles that the sector provides include:
Sales
This profile is composed of the sales force, which deals directly
with the customers and helps them make choices. These are entry-level jobs and graduates
with lots of enthusiasm are preferred.
Store manager (SM) / Assistant Store managers (ASM)
Store managers are responsible for an entire store and take care
of the day-to-day operations. They have to set sales and profit targets, and achieve
them. Graduates with two years of experience are given preference.
Retail manager
The Retail manager helps coordinating the day-to-day operations of the store. The
person is involved with the layout of merchandise, managing the supply chain, checking
the stock levels and keeping the records of the financial transactions.
Retail buyers
The retail buyers are responsible for maintaining a variety of products and selection
of the right material and goods. The retail buyers can become store managers, divisional
merchandise managers, product developers and merchandise planners.
Product development
Product development involves creating merchandise, developing marketing
plans, working with designers and giving a shape to the final product.
Merchandise Planner
Merchandise planners develop the financial plans and allocate the quantities of
merchandise to each store. Analyzing and suggesting business strategies, understanding
the duties of both a buyer and store manager are some of the expectations from the
planner.
Retail designer
Retail designers and visual merchandisers have to give a face to the brand. They
enhance the brand image and attract the customers to the store. This profile requires
an eye for detail and a creative mind.
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