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Sales Retail

Sales Retail

Free Practice Test

FREE
  • TypeExam Format
  • No. of Questions30
  • AccessImmediate
  • Access DurationLife Long Access
  • Exam DeliveryOnline
  • Test ModesPractice

Practice Exam

$11.99
  • TypeExam Format
  • No. of Questions30
  • AccessImmediate
  • Access DurationLife Long Access
  • Exam DeliveryOnline
  • Test ModesPractice, Exam

Online Course

-
  • Content TypeVideo
  • DeliveryOnline
  • AccessImmediate
  • Access DurationLife Long Access
  • No of videos-
  • No of hours-
Not Available

Sales Retail


A retail business consists of bringing the customers into the retail business and obtaining things that they want. This is also known as retail management. The most important aspects of retail management include Customer relationship management, brand management, and sales management. It is essential to ensure a pleasurable customer experience and these professionals work towards customer satisfaction.


Table of Content

The Sales Retail exam covers the following topics - 

Defining the retail supply chain

A changing world: moving toward comparative advantages

Drivers of retail supply chain change

Paths to the customer

Product types – value to the customer

Retail supply chain management – skills required

The demand-driven supply chain

Product tracking along retail supply chains

Understanding supply chain costs

Retail return


Sales Retail FAQs

Retail manager

Store manager

Merchandiser

Retail buyer

Supply chain manager

Defining the retail supply chain

A changing world: moving toward comparative advantages

Drivers of retail supply chain change

Paths to the customer

Product types – value to the customer

Retail supply chain management – skills required

The demand-driven supply chain

Product tracking along retail supply chains

Understanding supply chain costs

Retail return

Management skills

Communication skills

Retail management

Analytical skills

Interpersonal skills


Anyone with a bachelor’s degree in retail management with a master’s and doctorate degree in a reputed university can take this exam.

A retail business consists of bringing the customers into the retail business and obtaining things that they want. This is also known as retail management. The most important aspects of retail management include Customer relationship management, brand management, and sales management. It is essential to ensure a pleasurable customer experience and these professionals work towards customer satisfaction.

Some of the major roles and responsibilities of these professionals include the following:

To close and open the store.

They hire employees, manage, train, and motivate.

Manage the work schedules of the employees.

Develop short and long-term business plans and strategies.

Set store sales targets, anticipate future sales volumes, and stick to sales quotas.

Create and carry out promotions.

Establishing and monitoring store budgets.

Purchase things from merchants and providers, and work out terms with them.

Analyse and organize your inventory.

Make and keep attractive and accurate store displays.

Organize and supervise product line evaluations.

 

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