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Retail Management is a process of achieving growth in sales & customer satisfaction by attaining a better understanding of the consumers of goods and services produced by the company.

Retail management helps general merchandise and hard goods retailers streamline processes with Retail Audit Software, integrate channels, and inspire customers, to maximize profitability.

Functions of Retail Management:

  • Function of breaking bulk
  • Function of creating place utility
  • Stocking Varieties of goods
  • Providing credit facilities to customers
  • Providing information to customers and wholesalers
  • Estimating the demand and arranging the purchase of the product
  • Acting as consumer’s agent
  • Marketing functions

 

Few Things to know about a Retail Management Career:

  • You Must have the Right Personality
  • Retail Management is more than just sales
  • Experience Drives Growth
  • There are many specialties in Retail Management
  • It’s a Numbers Game
  • Customer service is paramount

Contact: reach@campusone.info

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