Scope and earning potential in retail management in India

What is the scope of retail management in India?

This field is one of the most talked about fields in India. With the tremendous growth of economy of economy, retail management has emerged as one of the fastest growing career in the country. There has an enormous expansion in the retail sector during the past few years resulting in the increase in demand for trained professionals in the field. There is so much scope in this industry that the industry hires people at all levels, from the school pass out with basic skills, to the well qualified supply chain and retail management professionals. One can take up a job depending on their interest and aptitude, since retail industry consists of various activities starting from marketing to branding. This attribute makes retail profession one of the most demanding careers right now in India. The industry for retail management is huge. Thus, there is lots of scope for aspirants in this field.

What is salary package that I can expect from a job in Retail Management?

The salary package in the retail industry depends up on the company, nature of the work and the area where you work. The average package of a sales person in the retail industry is Rs. 10,000/- per month, plus incentives that you will get if you meet the pre-set target. The salary also depends upon the post you occupy. Depending on the various post, the salary range varies between Rs. 10,000/- to Rs. 30,000/- per month. The special packages, bonus, incentives offered are the peculiarities of this particular career.
The salary mainly depends upon your experience too. The more you are experienced the more salary you can expect. And if you are looking forward to working for a company abroad then you can get a handsome salary package as remuneration outside varies from $36,000 to $45,000. But here also the salary package is dependent upon many factors such as shops, products and places.