Professional training for owners, managers and staff of retail businesses, to ensure success in the modern and fast-moving world of retail commerce, in which customers’ demands and expectations are constantly changing and evolving.
This Program explains about the wide range of activities which must be planned and undertaken by retailers to promote awareness and increase sales of the products in which the business deals, and to satisfy its customers. The Program explains the differences between retail marketing and other types of marketing due to the special components of the retail trade, such as selling finished goods in small quantities to consumers or end users, traditionally from a fixed location; it teaches about retail marketing and how to make use of the common principles of the marketing mix such as product, price, place and promotion; and it includes insightful tuition on store location, layout, design, effective merchandising strategies, consumer psychology and behaviour, product purchases, communications, branding and advertising. It also covers modern e-commerce and e-tailing, and the importance of good, effective customer relations, and uniquely it covers the recruitment, training and supervision of sales personnel to ensure constant customer satisfaction, and to maintain excellent relations with - and ongoing sales to - both existing and potential customers.
Course Outline
Module 1 - The Evolution of Modern Retailing
Module 2 - Retail Management & Personnel
Module 3 - Consumer Behaviour & Psychology
Module 4 - Location of Retail Premises
Module 5 - Retail Store Layout & Fittings
Module 6 - Retail Marketing Strategy, Product & Brand Management
Module 7 - Finance and Financial Matters
Module 8 - Pricing and Pricing Strategies
Module 9 - HR Management in the Retail Sector
Module 10 - Customer Service and Consumer Relations
Module 11 - E-commerce and E-tailing
Module 12 - Retail Marketing Communication