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

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

The Retail IndustryPresented by Mrs. Randi

O’Moore

If you are ambitiousIf you are energeticIf you are outgoing

If you are a hard workerIf 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 schoolTAKE:

• 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 orcall 516-622-

6800