Last updated on May 7, 2023
Photo by The Nix Company on Unsplash
Making the transition into a career in retail in India can be a daunting experience. It is a sector which requires a different set of skills and knowledge than other sectors, and is also highly competitive. Nevertheless, if you have the right set of skills and the determination to succeed, retail is a potentially lucrative and rewarding career.
In this blog post, we’ll cover all the information you need to make a successful career transition into a role in the retail sector in India. We’ll look at what qualifications and experience are required, salary expectations, and provide real-life stories of those who have succeeded in the retail sector. We’ll also discuss the potential obstacles you may face in making the transition, and offer tips on how to overcome them.
Retail is a broad and multi-faceted sector, and the roles and requirements vary widely. For those just starting out in retail, or looking to transition from another sector, the best route to success is to systematically build a skill-set that aligns with the specific job requirements.
Generally speaking, most roles in retail require a combination of customer service, marketing, and business awareness. Having knowledge of the products on sale in the specific type of retail can also prove advantageous. Therefore, a good starting point is to gain experience in customer service and sales, develop your marketing skills, become familiar with the nuances of different products, and acquire knowledge related to business practices.
The salaries in the retail Sector in India vary widely based on location and experience. According to salary data gathered by Forbes, entry-level positions in the retail industry may start at anywhere between Rs. 2.4-3 lakhs per year. Salaries for mid-level positions range from Rs. 3.5-4.5 lakhs per year, and senior-level positions range from Rs. 5-8 lakhs or more per year.
Additionally, there are numerous promising opportunities for growth within the industry. For those who have the drive and ambition, it is possible to move up the managerial hierarchy and earn salaries upwards of Rs. 12 lakhs per year.
One of the most inspiring stories comes from Vijay Sethi, who started out as a shop assistant in a retail store in Mumbai 15 years ago. Over the years, Vijay developed his skills as a retail sales specialist and achieved significant success in the sector, eventually becoming a Regional Store Manager with a salary of Rs. 10 lakhs. He was later hand-picked to become an Area Manager and now earns a salary of Rs. 14 lakhs per year.
Vijay attributes his success to his perseverance and resilience. He worked hard to build a skill set specific to retail, and seized every opportunity to increase his knowledge and experience. Today, Vijay’s success story serves as an inspiration to many who aspire to make the same transition.
Making the transition into a new career can be an intimidating prospect, and there are certain obstacles that may stand in your way. The key is to identify these obstacles and have a plan for overcoming them.
One of the biggest obstacles is lack of experience. Finding the right job requires demonstrating the appropriate skills and knowledge of the sector, which can be difficult to do if you are starting out with no experience. The best way to tackle this is to build a solid portfolio of work that can showcase your abilities and knowledge.
Another major obstacle is the competition for available positions. Aspiring candidates must remember that it is not enough to just meet the basic minimum qualifications. Rather, you must strive to build a skill set that sets you apart from other candidates. This might include certifications, courses, or additional professional experience.
Making the transition into a career in retail in India is a highly competitive process. It is important to be aware of the requirements and qualifications needed to succeed in the sector, and to build a skill set that can help differentiate your application from others. Additionally, it is important to remain resilient and positive throughout the transition process. With dedication and hard work, the rewards of a successful transition into a career in retail can be great.