retail presented by will chritton. what is retail? retail is defined as the sale of goods or...
Post on 21-Dec-2015
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What is retail?What is retail?
Retail is defined as the sale of goods or merchandise from a fixed location such as a store or a kiosk.
Employees in Retail StoresEmployees in Retail Stores
• Cashiers
• Salespersons
• Inventory
• Management
CashiersCashiers
• Cashiers are usually an entry level position into retail. They are responsible for totaling the amount of the purchase and then receiving payment.
SalespersonsSalespersons
• Salespersons are responsible for assisting customers. They answer questions of the consumer and help them find what they need.
Inventory AssociatesInventory Associates
• Inventory associates make sure that stores have product to sell. They remove product from delivery trucks and put them into warehouses and on the sales floor.
ManagementManagement
• Retail managers are responisible for making sure the store runs smoothly. They are responsible for resolving customer disputes and making sure the store is earning a profit.
What Degree do I need?What Degree do I need?
• Business Management
• Fashion Merchandizing
• Public Relations
• Conflict Management
All of these are just a few examples of degrees that are necessary to be successful in retail.
MONEY!MONEY!
• While most starting in retail earn close to minimum wage, there is much potential for pay increases due to promotions.
• Most cashiers start at around $13,000 a year.
• Most General Managers earn close to $100,000 a year including bonuses and commissions.
Why I picked this career?Why I picked this career?
• Ever since I can remember I wanted to work in a store. I loved the people, the environment and the constant exchange of money. Retail is a very fast paced and challenging career. In order to be successful, one must be highly motivated, outgoing, and able to multi-task.
How are computers used?How are computers used?
• Point of Sale (POS)-POS is a way of ringing out sales that are connected to inventory systems and banks for credit cards.
• Just in time inventory system (JIT)-A way to order in product as product is sold to avoid being out of stock of a product or burdened with excess inventory
ContinuedContinued
• Scheduling-Many employers are now using computerized scheduling programs such as Staffworks to schedule employees according to projected buisness needs.
• Payroll-On a computer employees can punch in and out for their shifts and payroll can be processed with a click of the mouse saving a large amount of time.