How big is Indian retail market?

How big is Indian retail market?

The Indian retail market is estimated to be US$ 600 billion and one of the top five retail markets in the world by economic value. India is one of the fastest growing retail markets in the world, with 1.2 billion people.

What is the share of organized retail in India?

According to IBEF, the share of organized retail in India is likely to double to 18% in 2021 (from 9% in 2017). Likewise, e-commerce is expected to more than double to 7% from the previous 3% in the same period.

Which sector gives highest employment in India?

In India, agricultural sector provides more job opportunities than any other sector. It employs 50% of the workforce of the country. It also accounts for 18% of the total GDP of India.

What is the future of retail industry in India?

Retailers in India are currently expecting a surge in revenge shopping across various segments. The buyers were restricted to their homes last year with a cut in disposable income for many. As a result, industries witnessed a massive downfall in their sales numbers; expecting a V-shape recovery in 2021.

Is there a future in retail?

Growth will be slow initially, but ramp up quickly. Smaller retailers will start to close, reducing consumer options and driving more people online. The role of the physical store will still be important despite the rise of online retail. In fact, brick-and-mortar retail can still thrive in the new era.

What are the types of retail?

Types of Retail Stores

• Department Stores. This type of retail outlet is one of the most complex types of establishments that offer a wide range of products.
• Specialty Stores.
• Supermarkets.
• Convenience Stores.
• Discount Stores.
• Hypermarkets or Super Stores.

What jobs are retail?

While many individuals get their start in the retail field working as a cashier or clerk, jobs in the industry can include work as a customer service representative, sales associate, sales consultant, assistant buyer, comparison shopper, bridal consultant and more.

Do servers make more than retail?

You do have up days and down days but when you average them together you will typically be earning more per hour than in retail. So, where I live they only pay the minimum 2.13/hr to servers. Never expect an actual check, your tips are your money.

Why waitress is a bad job?

Add a tense, physically demanding, emotionally exhausting job to the mix and, well, you’ve compounded that stress. Pay is certainly part of the reason why waitressing has been found to be one of the most stressful jobs for more than 20 years. Yes, even when it’s compared with more high-stakes professions.

What is retail experience?

Retail experience can translate to a variety of skills used in management, finance, sales and customer service. Interacting with customers translates to interpersonal skills; most job categories require some level of customer care or interaction with colleagues.

What are retail skills?

Retail skills are skills that involve selling products to consumers. These skills are required for many different retail jobs, including cashier, sales associate, retail associate, retail buyer, retail manager, retail sales merchandiser, store manager, buyer, and more.

What should I write for retail experience?

Tips for Writing a Retail / Customer Service Resume

• Use keywords. Look carefully at the job listing for any keywords—important skills or qualifications—included in the listing.
• Use action words.
• Emphasize your related skills.
• Quantify your skills.
• Emphasize any related academic experiences.
• Edit, edit, edit.

How can I get retail experience?

“It’s best if you genuinely have a passion for the products or brand; it will come through when you speak”

1. Highlight Diverse Skills. Retailers may be scanning resumes for keywords.
2. Know Your Target.
3. Highlight Your Passion.
4. Build Your Own Brand.

How do I describe my retail experience on a resume?

Start With a Retail Experience Resume Section Start with your latest / current position and then list the previous ones in reverse-chronological order. Make sure each entry includes the job title, dates worked, and the company’s name. Don’t exceed 6 bullets when describing your duties and achievements.