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Retail Management: Stock, Psychology and Security
Learn about the practical side to establishing your own retail store with this free online course in retail management.
Description
First, you will be introduced to the importance of stock management and how to manage the input and output of products so that the correct amount is always in stock. You will be guided through the process of finding a location for your retail store, including the different types of location suitable for different kinds of retail outlets. Next, you will learn about the main concepts behind retail psychology and how they affect the recommended layout of your store.
You will learn research skills so that you can find the correct suppliers and most effective security measures for your store. It is very important to make sure that your retail outlet is supplied on time and with the best produce, and your security measures are adequate, so these research skills will be invaluable to you in the overall running of your store. Finally, you will be guided through assembling the correct staff for your store, and how to unite the team so that everyone will work together effectively.
This course will take you through the practical concerns of setting up your store. You will learn about location, stock and how to supply and run the store with the best team of staff possible. In just a few hours you will have gained valuable skills that will stand to your position no matter what it is. Whether you are just beginning your retail career, have recently become a manager, or are looking into opening your own store, this course is for you. Why not start now?
Start Course NowModules
Stock Management and Store Location
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Learning Outcomes
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Introduction to Stock Management and Potential Issues
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Stock Control and the Impact of Poor Stock Management
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The Role of Location
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Benefits of the Correct Location and Costs
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Lesson Summary
Retail Psychology and Dealing with Suppliers
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Learning Outcomes
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Psychology and its Purposes
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Choosing a Supplier and Potential Issues
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Product Delivery and Damaged Items
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Lesson Summary
Security Procedures and Assembling a Team
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Learning Outcomes
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Introduction to Security Measures
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Security Procedures
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Assembling and Uniting Your Team
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Dealing with Team Issues
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Lesson Summary
Course assessment
Learning Outcomes
By the end of this course, you will be able to:
- Describe how to find the right supplier for your store
- Define what is meant by stock management
- Compare the benefits and costs of choosing a location
- Analyse ways to find the ideal store location
- Discuss what is meant by retail psychology
- List the different security measures available
- Explain how to assemble a united team of staff
- Outline how to deal with issues on your team
- Describe how to deal with problems with the supplier
Certification
All Alison courses are free to enrol, study and complete. To successfully complete this Certificate course and become an Alison Graduate, you need to achieve 80% or higher in each course assessment. Once you have completed this Certificate course, you have the option to acquire an official Certificate, which is a great way to share your achievement with the world. Your Alison Certificate is:
Ideal for sharing with potential employers - include it in your CV, professional social media profiles and job applications
An indication of your commitment to continuously learn, upskill and achieve high results
An incentive for you to continue empowering yourself through lifelong learning
Alison offers 3 types of Certificates for completed Certificate courses:
Digital Certificate - a downloadable Certificate in PDF format, immediately available to you when you complete your purchase
Certificate - a physical version of your officially branded and security-marked Certificate, posted to you with FREE shipping
Framed Certificate - a physical version of your officially branded and security-marked Certificate in a stylish frame, posted to you with FREE shipping
All Certificates are available to purchase through the Alison Shop. For more information on purchasing Alison Certificates, please visit our FAQs. If you decide not to purchase your Alison Certificate, you can still demonstrate your achievement by sharing your Learner Record or Learner Achievement Verification, both of which are accessible from your Dashboard. For more details on our Certificate pricing, please visit our Pricing Page.
