In today’s world, shopping has become an indispensable factor in every ones life. It’s no more a necessity but a habit among majority of the people. The very concept of urbanization has led to the emergence of many shopping centers /malls, multiplex buildings etc. The number of these shopping malls has been doubling day by day.

One can always witness a change in the nature like from the traditional shops to new modern retail shops in the country. This is a point where in the new concept of Retailing can be introduced where in the industry on a whole has been growing tremendously. With out any doubt it can be ensured that Retailing is one of the most booming segments in the country. India is enjoying this change in terms of new corporate experience.

Retail as an industry is one of the most rapidly growing industry in the country contributing to the overall development of the country. Retailing as an aspect can be defined as the process of selling the goods to the consumers for their personal use. The goods which are sold may be products as well as services. The price is also an important factor which deserves prominence in this level. Over the years, the retail industry has developed in all ways with India becoming one of the main Retail hubs in the world. Retailing is a detailed process which goes through a number of stages right from the rough designing of the product towards the end stage of delivery to the customers at a price which can be afforded by them.

Retail as an industry has become an attractive or the sought after career option for many of the people. The potential of this industry is much higher than what we analyze in a nutshell. This industry is going to achieve something big if coordinated in a manner with a huge manpower available in the country. Many multinational companies have stepped in to this business vertical by clearly analyzing the enormous potential in this area. The jobs in this field is related to sales and marketing .The candidates entering in to this field of jobs apart from having the necessary educational qualifications should also possess the good communication skills also. The level of competition in this area is increasing leading to the candidates to be more creative in this area of business.

Opportunities vacant

Expansion in the field of retailing has brought in many new avenues in the job market. The trends in the job market have been changing. As mentioned earlier the expansion in this industry has necessitated the need of trained professionals in this area of business. A person who is trained as well as who posses’ good communication skills can bring in some difference in this area. Retailing includes activities starting from the designing, marketing, and selling as well as brand value creation. One of the most important and positive feature of this industry is that the individuals can take up the jobs according to their choice which may depend upon their aptitude and skills which they have for a particular job. Hence it makes it one of the lucrative career options for the individuals.

The pattern of work and the environment will mainly be dependent on the individual companies that one works for.  The candidates who have completed their studies in retailing will join a particular company in the post of Management Trainee. If one works with the right attitude and aptitude for a job, he can go in to many heights in his career. An individual who is creative enough can start their own undertakings on behalf of their experience in this area of business.  The retail industry being not organized in every ways, there is a need for qualified professionals in this segment.

Job Prospects

The job prospects in the retailing segment are tremendous. The presence of national and international brands or retail chains such as Future group, ITC, Reliance, Shoppers Stop, and Subhishka etc are competing among each other to gain higher profits.

Sales are the entry level segment in this industry of retailing.  This is a segment upon which the whole future of the retail; depends on. The candidates should have sufficient knowledge about the various products and services to enhance the sales. The position of store manager also gets importance as he/she is responsible for the entire activities in that particular store. Retail manger is one who coordinates the activities of business. Visual merchandisers also have an important role in converting the very face of the brand n a whole.

The professionals working in this field of business have been offered lucrative pay packages. One of the most significant criteria being that the candidate’s skill, experience and the job profiles matters a lot in determining the pay or remuneration of an individual. This as a career has lot of scope abroad also.

Bright Future ahead

The future of this industry is bright and exciting on a whole. The search for the talented and skilled professionals will continue on a long run. The companies or the retail brands should be in a position to adapt to the changing demands and needs of the customers. As a result the demand for more knowledgeable and highly motivated people will be rising. The business of those retail giants will only be stable who are able to develop high end strategies for retaining as well as attracting the new level of customers. The expansion and growth level in the market will be increasing which creates in stiff competition.

Individuals who are interested in self run and service oriented business should always consider retail as a profession. It is expected that the retail as an industry is expected grow at a high rate by the end of 2011. The individuals with novel ideas can opt in for this course as continuous change is one of the main needs of this industry on a whole.

Hence a candidate while choosing Retailing as a career should always ensure that this is a right fit for you. A correct choice will only ensure more career opportunities for the candidates.