RETAIL MANAGEMENT

1. Why Retail?
Prepared by:
Dr. Khushboo Aggarwal

2. What is Retail Management?
• The various processes which help the customers to procure
the desired goods from the retail stores for their end use is
retail management.
• Retail management includes all the steps required to bring the
customers into the store and fulfill their buying needs.
• Retail management makes shopping a pleasurable experience
and ensures the customers leave the store with a smile.
In simpler words, retail management
helps customers shop without any
difficulty.

3. It encompasses

4. Need for Retail Management
- Why retail management
John wanted to gift his wife a nice watch on her birthday. He
went to the nearby store to check out few options. The retailer
took almost an hour to find the watches. This irritated John and
he vowed not to visit the store again.-
An example of poor management.
• You just can’t afford to make the customer wait for long. The
merchandise needs to be well organized to avoid unnecessary
searching. Such situations are common in kirana stores. One
can never enjoy shopping at such stores.
• Retail management saves time and ensures the customers
easily locate their desired goods and return home satisfied.

5. Current ScenarioToday, Retailing is
• A dynamic industry
• Offering lucrative career prospects
• Contributing to the tremendous growth and development in
the recent decades
Resultantly, requiring
ample manpower and
huge career scope in this
sector.

6. Who hire/ where the vacancies
are:
This sector offers more than 2 million job
opportunities across the globe.

7. •Retail stores

8. •Wholesale business

9. •Cash and carry facility

10. •Hypermarket

11. Job Avenues
• Team Manager
• Store Manager
• Human Resource District Manager
• HR Director
• Client Manager
and many more….

12. Scope of Retailing in coming
Years
• Pantaloons plans to hire 7000 people in the next two years
• Shopper’s stop plans to take 3000 people in the next three
years
• Reliance Retail plans to take 42000 people in the next two to
three years
• 500 people are required to man a single Mall
• 250 Malls expected to be functional in next five years

13. Companies who hire Retail
Management Professionals
• Reliance Group
• ITC Retail
• Aditya Birla Group
• Tata Group
• Lifestyle International
• Spencers and many more companies….

14. What companies pay/ What
can u expect?

15. What companies pay/ What
can u expect?
•The pay scale is good, depending on
the responsibilities and experience of
a candidate.
•On a average, a fresher in Retail
Management can earn between ₹ 2
lakh and ₹ 4 lakh per annum.

16. Why wait?
Go for B.Voc in Retail Management
An overview of the academic program –
• Name of the course: B.Voc. Retail Management
• Type of course: Bachelor of Vocation
• Field: Retail Management
• Duration: 3 years
• Eligibility: 12th pass or equivalent qualification

17. What u get at end?
•Technically, it is a vocational training
program.
•At the end of course completion, you
will be awarded a Bachelor’s Degree
certificate.

18. The Best part of this course
The program offers attractive exit options
• Diploma after finishing 1 year
• Advanced Diploma after finishing 2 years
• Bachelor’s Degree after finishing 3 years

19. Thank You