Course curriculum

  • 2

    Introduction to Retail Industry

    • Introduction to Retail Industry

  • 3

    Importance of Retail Industry

    • Importance of Retail Industry

  • 4

    Business Model of Retail Industry

    • Business Model of Retail Industry

  • 5

    Retail Industry – Sectors

    • Retail Industry – Sectors

  • 6

    Retail Industry – Value Chain

    • Retail Industry – Value Chain

  • 7

    Retail Industry – Revenue Models

    • Retail Industry – Revenue Models

  • 8

    Retail Industry – Drivers & Dynamics

    • Retail Industry – Drivers & Dynamics

  • 9

    Retail Industry - Key roles and careers

    • Retail Industry - Key roles and careers

  • 10

    Retail Industry - Performance Metrics

    • Retail Industry - Performance Metrics

  • 11

    Retail Industry - Trends

    • Retail Industry - Trends

  • 12

    Retail Industry - Technologies

    • Retail Industry - Technologies

Retail Industry – Domain Knowledge

Looking for knowledge and key business information on the Retail industry?

  • Retail Domain Knowledge

    Fundamental course to quickly understand the key dynamics and drivers of the retail industry.

  • Business Understanding of Retail

    Learn sectors, business model, value chain, and revenue model of the retail industry and understand the end to end business flow

  • Retail Trends & Technologies

    Learn the current trends and how innovative and disruptive new technologies are creating new challenges and opportunities

FAQ

  • What are the course requirements?

    No prior knowledge is necessary. This course is relevant to all those who would like to gain a basic understanding of the retail industry and no previous experience is required. The participants will benefit more if they have a willingness to know the basics of retail management. Experience of working in corporate is a plus.

  • Course Assessment & Delivery?

    The course is delivered online through our Learning Management System (LMS) which is easy to use and allows you to study at your own pace. During the course, the learner will be required to complete online tests and assessments to achieve a certificate of completion. These online assessments will cover all modules and will test student’s understanding of the course. Each module must be successfully completed before the Certificate will be delivered online through our Learning Management System and will be available across all devices. Progression to the next module is not dependent on completion of assessment however certificate will not be given unless all modules are completed and the assessment passed.

  • After studying this unit, the learner should be able to:

    The retail industry is evolving and becoming quite complex with the advent of new business models and technological advances. Those interacting with this industry in different capacities need to have a broader view of the retail business and at the same time to be able to understand the business model, dynamics, and other details. Even people working for years in retail have problems with seeing the macro view and this course bridges this gap. This course will transform you in a relatively short time to help you see all the elements of the retail business.

  • Why this Course?

    Retail is the sale of goods and services from individuals or businesses to the end-user. The retail industry provides consumers with goods and services for their everyday needs. Retailers are part of an integrated system called the supply chain. A retailer purchases goods or products in large quantities from manufacturers or directly through a wholesaler, and then sells smaller quantities to the consumer for a profit. This industry is comprised of a variety of stakeholders. Modern retail players offer the flexibility to buy products from around the world to the consumers. This has been possible due to the model of global supply chain that ensures their products can be cost-effectively sourced from various locations and delivered to individual consumers irrespective of their locations. This sector has its own dynamics and challenges and retail industry players adopt unique strategies to overcome these challenges in order to offer customers the right products at the right time for the right price. Technology is disrupting retail stores and in order to differentiate, retail stores need to focus on in-store experience, staff-customer interactions, quality of goods, and differentiated services. This course is a foundational course to build a basic understanding of the retail industry. This course will introduce the basic concepts of retailing to the participants. This course will help you drastically improve your knowledge and skills by helping you understand key concepts, terminology, issues, challenges associated with the retail industry. This course will also focus on how the industry is deploying technology to meet some of those challenges. In this course we will discuss about the evolution of the industry, its business model, main sectors, value and supply chain and the competitive environment in which the industry operates in. Student will also learn about the current trends and technological advances happening in the industry. The key takeaway would be understanding how a retail business works; the core issues and challenges involved; the key terms and terminologies associated and an appreciation of retail sector.

Start Learning Today

This course will help you drastically improve your knowledge and skills in Retail domain. It is designed for people who want to become consultants, business analysts or have to operate and optimize Retail businesses.