Title: Benefits of Pursuing Distance Management Course in Retail Management
1Benefits of Pursuing Distance Management Course
in Retail Management
2Benefits of Pursuing Distance Management Course
in Retail Management
- Whether you are a fresher who is aspiring for a
management specialization with lucrative
long-term prospects or a working professional who
is looking to pursue a Distance MBA in a rapidly
evolving field that promises exciting roles and
responsibilities along with a gratifying pay
package, a Distance Management Course in Retail
Management can fit the bill for you. Apart from
allowing you to choose from a broad range of
career options in market segments such as food
and grocery, apparel, electronics, healthcare,
banking, insurance, fashion and lifestyle, the
retail sector in India is also poised for greater
growth which, in turn, implies umpteen job
prospects and dizzying heights in career for you.
3Indian Retail Market - Present Scenario
- Indias retail sector is one of the fastest
growing retail markets in the world, primarily
driven by the e-commerce boom which has led to
immense popularisation of online shopping in the
country. - Moreover, positive FDI policies undertaken by the
Government of India have resulted in huge amount
of investments from foreign investors who eye the
Indian retail market as an attractive proposition
owing to the countrys burgeoning population and
growing consumerism. - Other factors such as a rapidly growing Indian
economy, urbanisation, increased disposable
income and purchasing power of the countrys
middle class segment, heightened awareness
amongst the average Indian consumer regarding
premium and international brands, easy access to
the Internet and social media along with an
attitudinal change towards adoption of online
services have collectively contributed to the
growth of the fast-paced Indian retail sector
which makes up for almost 10 of the countrys
GDP.
4Future of the Indian Retail Market
- While the organised retail sector took the world
by storm several decades ago, India is a
relatively late entrant in the dynamic retail
world. Hence, its nascent retail space is a
largely untapped domain and one that is waiting
to be fully unfurled in the days to come. - With a projected annual growth of 12, it is
estimated that Indias retail market will nearly
double itself to approximately USD 1 trillion by
2020 while its shopping population will expand by
leaps and bounds to reach up to 530 million by
2025! With such phenomenal growth in pipeline, it
is quite obvious that a Distance Management
Course in Retail Management will hold you in good
stead if you desire to exploit the huge potential
that exists in the burgeoning Indian retail
industry.
5Competitive Edge of a Distance Management Course
in Retail Management
- First and foremost, it is important that you
possess a customer-centric attitude coupled with
patience and strong interpersonal and
communication skills in order to succeed in your
career in retail management. - Next, you must bear in mind that retail
management is a broad field that encompasses
different aspects such as Retail Marketing
Buying, Category Management, Strategic Retail
Management, Retail Personnel Management, Retails
Sales, Customer Service, Consumer Preferences
Buying Behaviour, Retail Distribution
Logistics, Visual Merchandising, Retail Supply
Chain Management etc - Hence, it is quintessential that you enrol for a
first-rate MBA programme in Retail Management in
order to enhance your understanding and awareness
of these industry-specific fundamentals if you
want to stay ahead of the pack.
6Summary
- MITSDEs Distance Management Course in Retail
Management is a well-structured programme that
helps you acquire and master the aforementioned
skills in a proficient manner and under the able
guidance of thorough study material designed by
industry experts and veteran professionals. - Moreover, MITSDEs correspondence MBA provides
you with the flexibility to keep yourself abreast
of the latest trends in the fast evolving retail
sector at a pace that is attuned to your
demanding work schedules and is equally
well-suited to your non-negotiable personal
commitments.