Master retail operations and customer service

Retail Management screenshot
Retail Management screenshot
Retail Management screenshot
Retail Management screenshot
Retail Management screenshot
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423
MCQs
251
MCOs
349
True/False
177
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162
Matching
88
Comprehensions
163
Flashcard Decks
Curriculum

What You'll Learn

01 Introduction to Retail Management
3 topics
1 Evolution of Retailing
  • Historical Development of Retail
  • Modern Retail Landscape
  • Global Retail Trends
2 Retail Formats
  • Store-Based Retailing Types
  • Non-Store Retailing Formats
  • Hybrid Retail Models
3 Retail Strategy Framework
  • Target Market Identification
  • Retail Format Selection
  • Building Sustainable Advantage
02 Retail Consumer Behavior
3 topics
1 Consumer Decision-Making Process
  • Problem Recognition
  • Information Search and Evaluation
  • Purchase and Post-Purchase Behavior
2 Shopper Psychology
  • Emotional vs. Rational Shopping Behavior
  • Sensory Marketing in Retail
  • Customer Experience Design
3 Consumer Segmentation in Retail
  • Demographic Segmentation
  • Psychographic Segmentation
  • Behavioral Segmentation
03 Retail Location Strategy
3 topics
1 Site Selection Fundamentals
  • Trade Area Analysis
  • Traffic Patterns and Accessibility
  • Competition Mapping
2 Location Models and Methods
  • Gravity Models
  • Checklist Methods
  • Regression Models
3 Retail Clustering
  • Shopping Centers and Malls
  • Urban Retail Districts
  • Retail Parks and Outlets
04 Merchandise Management
3 topics
1 Merchandise Planning
  • Assortment Planning
  • Category Management
  • Range Planning
2 Buying and Sourcing
  • Vendor Selection and Negotiation
  • Global Sourcing Strategies
  • Ethical Sourcing
3 Inventory Management
  • Stock Level Optimization
  • Just-in-Time Inventory
  • Markdown Management
05 Retail Pricing Strategies
3 topics
1 Pricing Fundamentals
  • Price Sensitivity Analysis
  • Cost-Based vs. Value-Based Pricing
  • Price Elasticity
2 Strategic Pricing Approaches
  • Everyday Low Pricing (EDLP)
  • High-Low Pricing
  • Premium and Luxury Pricing
3 Pricing Tactics
  • Promotional Pricing
  • Dynamic Pricing
  • Bundle and Line Pricing
06 Store Design and Visual Merchandising
3 topics
1 Store Layout Principles
  • Grid, Loop, and Free-Flow Layouts
  • Space Allocation and Optimization
  • Traffic Flow Management
2 Visual Merchandising Elements
  • Window and Entrance Displays
  • Fixture Selection and Placement
  • Signage and Graphics
3 Atmospherics and Sensory Marketing
  • Lighting Design
  • Color Psychology
  • Music and Scent Marketing
07 Retail Operations Management
3 topics
1 Store Operations
  • Opening and Closing Procedures
  • Cash Handling and Security
  • Maintenance and Housekeeping
2 Supply Chain Management
  • Distribution Center Operations
  • Transportation and Logistics
  • Last-Mile Delivery
3 Technology in Retail Operations
  • Point of Sale (POS) Systems
  • Inventory Management Systems
  • Workforce Management Tools
08 Retail Staff Management
3 topics
1 Recruitment and Selection
  • Job Analysis and Description
  • Candidate Assessment
  • Onboarding Processes
2 Training and Development
  • Product Knowledge Training
  • Customer Service Skills
  • Leadership Development
3 Performance Management
  • Setting KPIs and Targets
  • Performance Evaluation
  • Incentive and Compensation Programs
09 Retail Marketing and Communication
3 topics
1 Integrated Marketing Communications
  • Advertising Strategies
  • Sales Promotion Techniques
  • Public Relations in Retail
2 Digital Marketing for Retailers
  • Social Media Marketing
  • Email and Mobile Marketing
  • Search Engine Optimization
3 Customer Relationship Management
  • Loyalty Programs
  • Customer Data Management
  • Personalization Strategies
10 E-commerce and Omnichannel Retailing
3 topics
1 E-commerce Fundamentals
  • Online Store Design
  • Payment Systems
  • Website Analytics
2 Omnichannel Integration
  • Click and Collect Services
  • Ship-from-Store Operations
  • Unified Commerce Platforms
3 Mobile Commerce
  • Mobile App Development
  • Mobile Payment Solutions
  • Location-Based Marketing
11 Retail Analytics and Technology
3 topics
1 Customer Analytics
  • Shopper Traffic Analysis
  • Basket Analysis
  • Customer Lifetime Value
2 Advanced Retail Technologies
  • RFID and Electronic Shelf Labels
  • Augmented and Virtual Reality
  • Artificial Intelligence Applications
3 Data-Driven Decision Making
  • Predictive Analytics
  • Prescriptive Analytics
  • Real-Time Analytics
12 Financial Management in Retail
3 topics
1 Retail Financial Metrics
  • Sales Performance Measures
  • Profitability Analysis
  • Asset Management Ratios
2 Budgeting and Forecasting
  • Sales Forecasting Methods
  • Expense Budgeting
  • Cash Flow Management
3 Capital Investment Decisions
  • Store Opening and Remodeling
  • Technology Investment ROI
  • Expansion Planning
13 Retail Strategy and Innovation
3 topics
1 Strategic Retail Planning
  • Mission and Vision Development
  • SWOT Analysis in Retail
  • Long-term Growth Strategies
2 Retail Innovation
  • Disruptive Retail Business Models
  • Experience-Based Retailing
  • Sustainable Retail Innovations
3 Change Management in Retail
  • Digital Transformation
  • Culture Change
  • Innovation Implementation
14 Global Retailing
3 topics
1 International Expansion
  • Market Entry Strategies
  • Cultural Adaptation
  • Legal and Regulatory Compliance
2 Global Supply Chain
  • International Sourcing
  • Global Logistics
  • Supply Chain Risk Management
3 Cross-Border E-commerce
  • International Payment Systems
  • Customs and Taxation
  • Cross-Cultural Marketing
15 Ethics, Sustainability, and Corporate Responsibility
3 topics
1 Ethical Retail Practices
  • Fair Trade and Labor Practices
  • Transparent Business Operations
  • Ethical Marketing
2 Sustainable Retailing
  • Green Store Design
  • Sustainable Product Sourcing
  • Waste Reduction and Recycling
3 Corporate Social Responsibility
  • Community Engagement
  • Philanthropic Initiatives
  • Social Impact Measurement
16 Future of Retail
3 topics
1 Emerging Retail Technologies
  • Internet of Things in Retail
  • Blockchain Applications
  • Autonomous Retail
2 Evolving Consumer Trends
  • Generation Z and Alpha Shoppers
  • Experiential Consumption
  • Conscious Consumerism
3 Preparing for Retail Transformation
  • Workforce Evolution
  • Business Model Adaptation
  • Future-Proofing Strategies

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