When we talk about careers in retail, a store and sales executives is what pops up in our minds. Yet the retail industry chips in about 8% of the total employment in the country. A major amount goes behind the scenes into turning the store come energetic & presentable! The Indian industry is amongst the biggest on this earth in terms of economic worth anticipated at $500 billion and chipping in to about 12-15% of the India’s GDP. The retail industry of India consists of unorganized as well as contemporary retail. Patterns of store incorporate old kirana or Mom and Pop shops to malls with exclusive stores, stores or outlets with discounted goods, departmental stores, groceries, supermarkets and small-sized convenience stores. Even E-retail is also a big pattern in the country today. With sanction of 51% FDI in the country, the retail sector is set to enhance at 20% yearly, adding more jobs and career choices for folks.
Retail is about versatility
An entry level counter staff individual at a coffee store might make up to Rs. 5-6000, a full-time domestic home aids earns a same pay and an experienced driver, cook or babysitter gets salary of about Rs 8-10k.
Working as a counter staff at a coffeehouse, but makes far more sense to a latest school or college graduate, where there is an articulate career progress and an eventual capability to unite with the management cadre.
A smart fresher (10th pass/12th pass, 12th fail) can begin with as counter sales assistant in a retail outlet and can make upto Rs. 7000/-, not counting the payoffs and bonuses, good work performance and slow promotion in the sales role and in just a matter of 2 years or so he or she can turn into an assistant store manager, making at least Rs. 9000. Within 5 years of joining as counter sales staff, a person is eligible to turn into a store manager, making a minimum of Rs 15k, and candidates who put in a lot of effort and show commitment, could turn into a Regional Manager within a decade of joining the industry. That is extraordinary growth for a smart, meticulous, expressive graduate with 10th or 12th pass person. With a little effort, freshers can make their own living great they usually come across in advertisements, while functioning for a brand they are proud to work with.
Working for a big-league brand retail chain or in the fast-food place is not just about the pay potential, though, or the potential improvement in mobile phone/vehicle/apparel. There is other, less real, but even stronger go-getters such as family name and status.
Just like the legion of the things a store sells, retail also provides a number of job opportunities and career choices and for folks from all spheres and academic qualifications.
Given below are some of them:
- Supply chain management and logistics
- Advertising, marketing and sales
- Operations management