The Retail Industry Presented by Mrs. Randi O’Moore.

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Presentation transcript:

The Retail Industry Presented by Mrs. Randi O’Moore

If you are ambitious If you are energetic If you are outgoing If you are a hard worker If you are a good listener If you enjoy helping others…

Retail Overview  Our spending drives the economy.  Retail is where people spend their money.  Everyone has desires and needs.  Selling & buying keeps the economy going.  A good economy is good for employment and our community’s future.

Retail Goods Sold Durable Goods – furniture, cars, large appliances (lasting 5 years or more) Non-durable Goods – food, clothing

Some of your career options in retail are… Counter Clerk Sales Representative Customer Service Manager Real Estate Agent Stock Clerk Retail Sales Manager Product Marketing Analyst Account Representative Store Design Director Telemarketer Merchandise Buyer Visual Merchandiser Product Marketing Analyst Retail Loss Prevention Manager Retail Cashier Product Development Manager

How much can be made on Long Island? Account Representative: $22,000 - $33,500 Merchandise Buyer: $62,800 – $84,400 Counter Clerk: $22,800 – $34,300 Customer Service Manager: $54,800 - $79,700 Retail Sales Manager: $32,500 - $38,000 Product Development Manager: $66,300 - $86,500 Sales Representative: $45,700 – $64,700 Telemarketer: $23,500 - $35,600 Visual Merchandiser: $39,000 - $62,000

Recent Trends Internet sales are booming and rising more each year More expensive store chains are trying to lower costs to increase sales Department stores are not doing as well as mass merchandisers (like Target & Wal-Mart) and discount clubs (like Costco)

Getting the Job They want an energetic people-person who can work independently and is self- motivated with excellent interpersonal skills. Your resume must be flawless, you must arrive on time for your interview and be honest.

 Retail stores open early and close late. You will need to be prepared to work crazy hours.  Most retail employers do not require a college degree, however, good communication and English skills are crucial.  A positive attitude is a good place to start to enter the retail industry.

Companies looking to hire you

The positives… There are many, many retail openings Advancement is relatively quick Most companies do not require a college degree Transferable skills to other industries as well as other states Lots of opportunity for commission The harder you work, the more money you make Flexible scheduling; hours vary weekly

The negatives… Long hours Tired feet & legs Tired smile Deal with difficult customers Not many holidays off Commission-based pay

While in high school TAKE: English Communication Math Business Marketing Business Law Retail

Higher Learning Nassau Community College Suffolk Community College LaGuardia Community College and transfer to… SUNY at Morrisville SUNY at Buffalo NYC College of Technology Fashion Institute of Technology

If you think you are interested in the retail industry, see Mrs. O’Moore in Room 201 or call