Retail management is a process of promoting greater sales and customer satisfaction by gaining a better understanding of the consumers of goods and services produced by a company. One of its important activities is to distribute finished products made by the business to consumers to determine and satisfy what buyers want and require.
Some of its features include:
To master this course, there are different degrees that are offered as follows;
For the Associate’s degree, the fundamentals of keeping financial records, creating promotional campaigns and using technology in a business setting are taught. All of such programs place an important role in learning basic math for accounting, effective communication, leadership skills and topics unique to the retail industry.
The Bachelor's degree program helps in learning to oversee the distribution and selling of products directly to consumers in specific vending points such as shops, chain stores, markets, and malls. It also helps you understand how merchandise is promoted, employees are organized, handle customer service, and supervise inventories.
The Master's degree in retail management helps equip postgraduates with the skills and knowledge required to run and develop commercial trading activities, from small enterprises to large corporations. The courses range from taught MA and MSc programmes, to MBA professionals and research-orient MRes degrees.
There are various professions for Retail management graduates such as Retail Manager, Merchandiser, Marketing Executive, Customer Care Executives, and Analyst etc.
The average wage in this profession is $85,676. The total people in this workforce are 10.5 million and growing at a rate of 1.61%.
Retail management will provide you with a well suited middle-level job and also help you with maintaining a friendly interface with merchandisers or other business affiliated people.
Institution Type: Public
Business Management Accreditation: Know More
Avg Credits: 30
Avg Tuition: $ 16,032
Specializations Offered: Retail Management
Total Programs in Business Management (1)