Syllabus Of RM-
Introduction to Retail Management:
- Definition and scope of retailing
- Evolution and importance of retailing
- Retail formats and types
- Retailing trends and challenges
Retail Marketing:
- Retail marketing mix (the 4 Ps: Product, Price, Place, Promotion)
- Retail market segmentation and targeting
- Retail brand management
- Visual merchandising and store layout
Retail Operations:
- Store location and site selection
- Store layout and design
- Inventory management and control
- Supply chain management in retail
- Retail technology and automation
Retail Buying and Merchandising:
- Retail buying process
- Vendor selection and negotiation
- Merchandise planning and assortment
- Pricing strategies and strategies for markdowns
Customer Relationship Management (CRM):
- Customer behavior and shopping patterns
- Customer loyalty programs
- Customer service and satisfaction
- CRM technologies and data analytics
Retail Financial Management:
- Financial analysis and performance metrics
- Budgeting and financial planning
- Profit and loss statements (P&L)
- Retail accounting and taxation
Retail Human Resource Management:
- Staffing and recruitment in retail
- Training and development of retail employees
- Employee motivation and performance appraisal
- Labor laws and regulations
Ethical and Legal Issues in Retail:
- Retail ethics and social responsibility
- Legal aspects of retailing (e.g., contracts, consumer protection)
- Environmental sustainability in retail
Global Retailing:
- International expansion and global retail strategies
- Cross-border retail operations
- Cultural considerations in global retailing
E-commerce and Omni-channel Retailing:
- E-commerce trends and strategies
- Integrating online and offline retail channels
- Digital marketing in retail