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The retail and e-commerce industry in India has witnessed a fast boom in the last few decades. Thanks to technological advancements and globalization, customer behavior patterns have evolved. This has further brought about a rapid evolution in this industry.
With the fast-changing patterns and trends, it only makes sense for aspiring professionals keen on working in these sectors to stay relevant. It helps to acquire strategic and practical skills to keep up to date with the evolving customer needs and buying trends. BBA in Retail and E-Commerce is designed to help learners gain a deeper understanding of the subject and earn industry-relevant skills.
This article takes a closer look at 10 retail and e-commerce skills that you can expect to learn from the course.
For a successful and rewarding career in the domain of retail and e-commerce, it’s essential to have the right skills. These retail and e-commerce skills can help you gain a competitive edge in the job market. Let’s explore some of the top skills that you can learn from BBA Retail and E-Commerce courses:
This is one of the most important retail and e-commerce skills that are good to have. Employers prefer candidates with familiarity with platforms such as Magento, Shopify, and WooCommerce. They enable businesses to effectively manage product catalogs, online stores, and customer transactions. This further facilitates operational efficiency.
One of the other key skills in BBA Retail & E-Commerce that students are equipped with is a fair understanding of how the business runs. Students are taught in detail about retail structures, business operations, and the key principles of management. These skills help ensure that business processes run smoothly and customer satisfaction is achieved consistently.
This refers to the ability to foresee changing market conditions and master Data Analytics for retail sectors. Students learn to devise strategies that help align business goals with market changes. They also learn more about making informed decisions based on data and not guesswork, foreseeing trends, and developing the skill to carefully choose products based on demand and profitability potential. Critical thinking is encouraged to help optimize business performance.
This is one of the most vital skills in BBA Retail & E-Commerce programs. The course imparts special techniques to students, enabling them to create and maintain strong customer relationships throughout. They learn the intricate skills to maintain loyalty to customers, enhance interactions, and deliver better customer experiences. Additionally, students learn how to improve customer retention using specific tools aimed at improving Customer Relationship Management in retail. These include HubSpot, Salesforce, and Zoho.
Students need to understand how to choose, display, and set the pricing of products in the store. This has a direct impact on sales and profit revenue. Hence, this is one of the key skills in BBA Retail & E-Commerce courses. Students engage in designing impressive store layouts and online storefronts that can attract potential customers.
Digital marketing is today the backbone of successful business operations and improved Customer Relationship Management in retail and e-commerce sectors. It helps determine sales, revenue, profitability, brand retention, and customer satisfaction. This is why BBA courses focus on building student expertise in SEO, Social Media Marketing, SEM, and Email Marketing. All of these tools can help tap into the potential of target markets with ease.
These are the foundations of any effective marketing strategy. They also form an integral part of Customer Relationship Management in retail, as effective sales and negotiation skills can often result in long-term customer loyalty. The course fosters the art of selling, upselling, and handling negotiations tactfully.
As technology evolves, processes such as the management of store inventory and the supply chain can be handled better. Students are taught how to leverage E-Commerce technology skills to learn more about the movement of products from manufacturers to warehouses and stores and finally to customers. They also improve their knowledge of how to better optimize the cost and time involved in delivery for better customer experience and profitability.
Tracking of store inventory, logistics management, and efficient supply chain operations can also be handled effectively by learning relevant E-Commerce technology skills in BBA courses.
Data analytics for retail can be efficiently leveraged to foster business growth. Students learn to use varied tools and technologies, such as analytics tools to gauge customer behavior, analyze overall sales, and keep an eye on changing market trends. Knowledge of the essential analytical tools and E-Commerce technology skills can significantly help businesses make data-driven decisions.
This is yet another key skill that is a part of BBA Retail and E-Commerce courses. Profitability in retail is largely dependent on the efficient allocation of resources. Additionally, managing costs is equally important. Students thus learn to develop crucial financial skills in the BBA course – foreseeing financial conditions, planning company budgets, and analyzing overall profitability. This skill would further help professionals foresee seasonal or holiday sales fluctuations and create plans to leverage those accordingly.
We discussed some of the most industry-desirable skills that a BBA in Retail and E-Commerce equips you with. These skills are essential to help build a rewarding career path in the domain. This is because the expertise you gain from these skills enables you to handle real-world business environments efficiently.
In addition, with these skills under your belt, you are highly likely to unlock multiple opportunities in varied sectors. These include e-commerce operations, retail management, digital marketing, and more. Skills such as Data analytics for retail can enable you to make smarter and more informed data-driven business decisions. Financial literacy helps you balance investments in the business’s inventory, marketing, and technology areas.
The retail and e-commerce industry has fast evolved over the last few decades. With online shopping taking prominence over its conventional counterpart, e-commerce platforms are booming everywhere. This inevitably creates a consistent demand for skilled professionals who are adept at handling retail operations effectively.
A BBA in Retail and E-Commerce is one of the best programs to pursue to upskill yourself in this domain. Manipal University Jaipur (MUJ) offers this course online, adding convenience and flexibility. It further ensures that both students and working professionals can pursue the program. MUJ offers this three-year undergraduate course on the Online Manipal platform. The course imbibes students with a host of industry-relevant essential skills such as visual merchandising, retail logistics management, IT in retail, and digital marketing.
Information related to companies and external organizations is based on secondary research or the opinion of individual authors and must not be interpreted as the official information shared by the concerned organization.
Additionally, information like fee, eligibility, scholarships, finance options etc. on offerings and programs listed on Online Manipal may change as per the discretion of respective universities so please refer to the respective program page for latest information. Any information provided in blogs is not binding and cannot be taken as final.
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