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What does retail management mean?

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تم إضافة السؤال من قبل Mohamed Helal , Project Manager , GROUP CONSULT INTERNATIONAL
تاريخ النشر: 2016/04/12
georgei assi
من قبل georgei assi , مدير حسابات , المجموعة السورية

The market segmentation represents consumers divided into homogeneous groups in terms of the needs and desires and based on the external factors that affect them and their personal characteristics and psychological factors, and that makes them different and unequal in the needs and desires and purchase decision process

Mukta Kewal Ramani
من قبل Mukta Kewal Ramani , Office Administrator , Dubai World Trade Centre

Retail Industry depends on maximum client satisfaction at minimum expenditure.From sales to cost workouts it involves all.

The correct balance between demand and supply.From generating new customers to maintaining the older ones.Therefore,Retail management starts from production to after sales services.

nabil nanji
من قبل nabil nanji , sales and marketing personel , Tasha Commercial

A way of making greater sale and satisfying customers by gaining a better understanding of the client of the products and service by a company. A retail strategy for a manufacturer might search the retail process that distributes the finished commodities created by the business to the clients to determine and satisfy what they want and require.

sardar mardookhy
من قبل sardar mardookhy , Head of portfolio management department , MCI

Retail management means managing the various processes which help the customers to procure the desired merchandise from the retail stores for their end use . It includes all the steps required to bring the customers into the store and fulfill their buying needs

Gourab Mitra
من قبل Gourab Mitra , Manager IT Project Program and Delivery Management(Full Time Contract/Consulting Role) , IXTEL(ixtel.com)

Great answers posted over here

ghazi Almahadeen
من قبل ghazi Almahadeen , Project Facilitator , Jordan River Foundation

Thank you for inviting experts are waiting for an answer

Nuridin Islam Diab
من قبل Nuridin Islam Diab , Training Manager , Bbusinesss LLE

I agree with Mr. Sardar and Mr. Nabil's answers. Thanks. 

Omar Saad Ibrahem Alhamadani
من قبل Omar Saad Ibrahem Alhamadani , Snr. HR & Finance Officer , Sarri Zawetta Company

Thanks

It is a job inside Sales department , this function responsible for process of retail selling , for POS (Point of Sales ), either direct or indirect , and\\or both of them , and this job is converse wholesale management,

Since retail mean selling goods by units - parts like in (Super Market , Mini Market , Shops , Branded shops, ..) by different prices depend on cost , profit margin and sector (City -countryside) , while the wholesale located in specific areas ; usually at the centers of cities with fix price less than retail and wholesalers selling goods not by parts but by amounts not less than 1,000 for on shot . 

Eng Ahmed Elsharkawy
من قبل Eng Ahmed Elsharkawy , Civil Engineering Project Manager , Altwijry office

Thanks for the invition,,,,,,,,,,,, I agree with the experts answers,,,,,,,,,,,,,,

Zain ul Abdin
من قبل Zain ul Abdin , Project Planning & Control Manager , Redco International Trading and Contracting

Retail management is a process for promoting greater sales and customer satisfaction by gaining a better understanding of the consumers of 'goods and services' produced by a company

TARIG BABIKER AL AMIN
من قبل TARIG BABIKER AL AMIN , Head of Planning and Studies Unit , Sudanese Free Zones and Markets Co.

The aim of any retail manager is to maximise profits while minimising costs. Retail managers ensure promotions are run accurately and to the company's standards. They make sure that staff are all working towards the target for the day and that excellent customer care standards are met at all times

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