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Beginners Guide to Retail Management
Learndrive

CPD Certified | Free Certificate | Lifetime Access | Easy Refund | Tutor Support

Summary

Price
£19 inc VAT
Study method
Online, On Demand
Duration
0.7 hours · Self-paced
Qualification
No formal qualification
Certificates
  • Accredited Certificate From Learndrive - Free
  • Reed Courses Certificate of Completion - Free
Additional info
  • Tutor is available to students

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Overview

Beginners Guide to Retail Management

Unlock the world of Retail Management with our beginner-friendly guide. Explore core principles, from pricing strategies to merchandising, and stay ahead of current trends in Retail Management. Equip yourself with essential skills to thrive in the dynamic field of Retail Management and start your career with confidence.

Learning Outcome

  • Understand the fundamentals of Retail Management.
  • Analyse current trends in Retail Management.
  • Develop Retail Strategy and Planning skills.
  • Master Retail Pricing and Merchandising techniques.
  • Evaluate career opportunities in Retail Management.

CPDQE Accreditation

This Retail Management Course is CPDQE accredited. CPD is a globally recognised parameter for continuous professional development acknowledged by thousands of professional bodies, employers and academic institutions in the UK and around the world.

Certificates

Accredited Certificate From Learndrive

Digital certificate - Included

Reed Courses Certificate of Completion

Digital certificate - Included

Will be downloadable when all lectures have been completed.

Curriculum

3
sections
18
lectures
0h 40m
total

    • 1: Retail Management: 1.1 What is Retailing 03:01
    • 2: Retail Management: 1.2 Retail Management 00:53
    • 3: Retail Management: 1.3 Current Trends in Retail Management 03:02
    • 4: Retail Management: 1.4 Career Opportunities in Retail Management 02:43

    • 5: Retail Management: 2.1 Retail Strategy and Planning 01:20
    • 6: Retail Management: 2.2 Retail Strategy and Planning 00:47
    • 7: Retail Management: 2.3 Situational Analysis 02:27
    • 8: Retail Management: 2.4 Objectives 01:48
    • 9: Retail Management: 2.5 Identification of Consumers 00:50
    • 10: Retail Management: 2.6 Control 01:48

    • 11: Retail Management: 3.1 Retail Pricing and Merchandising 00:38
    • 12: Retail Management: 3.2 Retail Pricing 01:04
    • 13: Retail Management: 3.3 Pricing Elasticity 02:04
    • 14: Retail Management: 3.4 Pricing objectives and methods 05:07
    • 15: Retail Management: 3.5 Markup and margin calculations 04:29
    • 16: Retail Management: 3.6 Price optimisation and dynamic pricing 03:42
    • 17: Retail Management: 3.7 Visual merchandising and store layout 00:44
    • 18: Retail Management: 3.8 Visual merchandising 03:13

Course media

Description

Key Lesson Snippets

  • Introduction to Retail Management
    Get introduced to Retail Management, understand the basics of retailing, and explore key functions in Retail Management.

  • What is Retailing?
    Define retailing, the core of Retail Management, and its impact on business strategies.

  • Retail Management Fundamentals
    Learn key concepts of Retail Management, focusing on strategies, customer relationships, and operations.

  • Current Trends in Retail Management
    Discover the latest trends in Retail Management, keeping you updated on market shifts and emerging practices.

  • Career Opportunities in Retail Management
    Explore various career paths in Retail Management, from store managers to corporate roles in retail companies.

  • Situational Analysis in Retail Management
    Dive into situational analysis in Retail Management, identifying opportunities and challenges in retail operations.

  • Identification of Consumers in Retail Management
    Learn techniques for identifying target consumers and tailoring Retail Management strategies to meet their needs.

  • Control in Retail Management
    Explore control mechanisms in Retail Management, ensuring consistency and quality in operations.

  • Retail Pricing and Merchandising
    Gain expertise in Retail Pricing and Merchandising, crucial elements of Retail Management to attract customers and drive sales.

  • Markup and Margin Calculations
    Master markup and margin calculations, key skills in Retail Management for setting profitable prices.

  • Price Optimisation and Dynamic Pricing
    Explore advanced price optimization and dynamic pricing techniques in Retail Management to stay competitive.

  • Visual Merchandising and Store Layout
    Understand the importance of visual merchandising and store layout in enhancing the customer experience and boosting sales in Retail Management.

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Legal information

This course is advertised on Reed.co.uk by the Course Provider, whose terms and conditions apply. Purchases are made directly from the Course Provider, and as such, content and materials are supplied by the Course Provider directly. Reed is acting as agent and not reseller in relation to this course. Reed's only responsibility is to facilitate your payment for the course. It is your responsibility to review and agree to the Course Provider's terms and conditions and satisfy yourself as to the suitability of the course you intend to purchase. Reed will not have any responsibility for the content of the course and/or associated materials.

FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.
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