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  Article 1: Retail Detail by Priyanka Singh | Go Back  


Yes the buzz word today is ‘Retail’. The literal meaning of retail is to sell to the consumers. It clearly means that it is the point where the actual consumers buy goods or services and the retailers can take their feedback and pass it on to the manufactures. This is the crucial aspect as it the point where you can check whether you are producing right products or not. So the retail management deals with all aspects of distribution and finally delivering the products to the end consumers. But it is not restricted to the products it can be services like banking, consultancy, hotel, saloons travel solutions etc. So my friends its everywhere, because as consumers we hardly deal with manufactures it is always the retailer through him we know what are the new products and new services offered by the producers.

Now coming to the future opportunities in this sector, then trust me they are abundant more you can expect. With rising income level of Indian consumers and steady growth of Indian economy there is a bright picture ahead of us. And global players like Wal-Mart, Tesco and Carrefour are all set to advent in the new sector and Indian players like Reliance, Birla , Pantaloons are there to pose a stiff competition in the market. The second growth factor that will accelerate the whole sector with rocket speed is the opening up of FDI in the retail. So in all, it will create hell lot of opportunity for the young and educated Indian youth. The job profiles that will be offered by these business groups can range from merchandiser to visual merchandiser and from category manager to brand manager. So there is no stop point for an individual who is able to learn and flexible enough to cope up with the tight working schedule because you have to be on toe for whole of the day understanding “how to make people happy”.
This is retail……..”Everything for our customers……..”

Feedback welcomed at: info@bimtech-retail.com



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