Course information

Retail Fundamentals Training Course Outline

Module 1: Fundamentals of Retailing

  • Retailing Defined
  • Retailer within the Distribution Channel
  • Vertical Marketing System
  • Consumer-Led Approach to Retailing
  • Retail Industry - Its Contribution to the Economy
  • A Global Viewpoint
  • Employment in the Retail Sector
  • A Retailer's Position in Society

Module 2: Structure of Retail Industry

  • Retail Industry Structure and Trends
  • High Provision and Market Saturation
  • Concentration Aspects of Retailing
  • Diversity of Retailing
  • Adoption of New Technology

Module 3: Retail Organisations and Formats

  • Introduction
  • Retail Ownership
  • Independent Retailer
  • Multiple Retailers
  • Voluntary Retail Group
  • Retail Conglomerate
  • Franchises in Retailing
  • Co-Operative Retailers
  • Retail Formats
  • Non-Store Formats

Module 4: Sales Associate Services to Customers

  • Concept of Customer
  • Difference Between Customer and Consumer
  • Concept of Customer Service
  • 4Ps of Customer Service
  • Customer Service Functions
  • Customer Satisfaction
  • Importance of Customer Satisfaction

Module 5: Skills for Handling Retail Business

  • Introduction to Skill
  • Essentials of Skill Development
  • Skills for Sales Associate: Customer Services

Module 6: Duties and Responsibilities of a Sales Associate

  • Duties of a Sales Associate
  • Responsibilities of Sales Associates
  • Special Activities of Sales Associate

Show moredowndown

Who should attend this Retail Fundamentals Training Course?

The Retail Fundamentals Course is tailored for individuals interested in or currently involved in the retail industry. This comprehensive training provides essential knowledge and skills for a diverse range of professionals, including:

  • Retail Managers
  • Sales Associates
  • Visual Merchandisers
  • Inventory Managers
  • Customer Service Representatives
  • Store Planners
  • Retail Entrepreneurs

Prerequisites of the Retail Fundamentals Training Course

There are no formal specific prerequisites required for the Retail Fundamentals Course. This Sales Training is suitable for individuals at various stages of their retail careers, from entry-level to experienced professionals.

Retail Fundamentals Training Course Overview

The Retail Fundamentals Course introduces participants to the foundational aspects of the retail industry. It covers many topics including retail operations, customer behavior, inventory management, merchandising, and sales strategies. In today's dynamic and competitive market, having a strong understanding of these fundamentals is crucial for individuals looking to thrive in retail roles.

Understanding retail fundamentals is imperative for professionals across various domains within the industry. Retail managers need to grasp these concepts to efficiently oversee store operations and drive profitability. Sales associates benefit from understanding customer behavior and effective sales techniques to maximize revenue.

This 1-day training by the Knowledge Academy equips delegates with practical knowledge and skills to enhance their performance in retail environments. Through interactive sessions and real-world examples, participants will gain insights into effective retail strategies and best practices.

Course Objectives

  • To learn the basics of the retail industry, such as its different types, channels, and business models
  • To develop delegates' understanding of key retail concepts, such as product mix, pricing, merchandising, and customer service
  • To help delegates develop the skills and knowledge they need to be successful in a retail role
  • To prepare delegates for advancement in the retail industry
  • To improve customer interactions and satisfaction by equipping employees with the skills to provide excellent service

After attending this course, delegates get familiar with the retail industry and its contribution to the economy effectively. They learn to adopt new technologies in the retail industry structure successfully to get the desired outcomes in their organisations. Delegates will also be able to implement a customer-led approach to retailing for handling retail business efficiently.

Show moredowndown

What’s Included in this Retail Fundamentals Training Course?

  • World-Class Training Sessions from Experienced Instructors
  • Retail Fundamentals Certificate
  • Digital Delegate Pack

Why choose us

Our Hong Kong venue

Includes..

Free Wi-Fi

To make sure you’re always connected we offer completely free and easy to access wi-fi.

Air conditioned

To keep you comfortable during your course we offer a fully air conditioned environment.

Full IT support

IT support is on hand to sort out any unforseen issues that may arise.

Video equipment

This location has full video conferencing equipment.

Hong Kong is an autonomous territory of the People’s Republic of China and can be located on the southern coast of China. Hong Kong has a population of around 7 million people. The education system in Hong Kong is mostly based around the English system and it is overseen by the Education Bureau and the Social Welfare Department. One of the earliest schools in Hong Kong was Li Ying College established in 1075. The education level begins with preschool education that is payable education, paid by pupil’s parents. The primary and secondary education is mandatory for every child in Hong Kong to attend from the age of 6 to 18. Higher education remains exclusive in Hong Kong and adult education is a growing sector in Hong Kong, with two non-profit school running evening courses. The University of Hong Kong was founded in 1911 and is the oldest tertiary (higher education) institution in Hong Kong and is organised into 10 academic faculties with English as the main language of instruction. The Education Bureau in Hong Kong also provides educational services for immigrant children from mainland China and other countries. Hong Kong also has 175 internal schools.

Show moredown

Address

62/F & 66/F
The Center
99 Queens Road
Central
Hong Kong

T: +852 2592 5349

Ways to take this course

Experience live, interactive learning from home with The Knowledge Academy's Online Instructor-led Sales Training | Retail Fundamentals Training in Hong Kong. Engage directly with expert instructors, mirroring the classroom schedule for a comprehensive learning journey. Enjoy the convenience of virtual learning without compromising on the quality of interaction.

Unlock your potential with The Knowledge Academy's Sales Training | Retail Fundamentals Training in Hong Kong, accessible anytime, anywhere on any device. Enjoy 90 days of online course access, extendable upon request, and benefit from the support of our expert trainers. Elevate your skills at your own pace with our Online Self-paced sessions.

What our customers are saying

Sales Training | Retail Fundamentals Training in Hong Kong FAQs

Retail Fundamentals refer to the core principles and essential practices that are important for successfully operating and managing retail businesses. These fundamentals cover a wide range of areas, including a deep understanding of consumer behaviour, which involves recognising the needs, preferences, and purchasing patterns of customers. These elements form the foundation of successful retail operations.
There are no formal prerequisites for attending the Retail Fundamentals Training. It is designed for individuals of all backgrounds who are interested in learning the core concepts of Retailing, making it accessible to beginners as well.
This training course is ideal for aspiring Retail professionals, small business owners, Retail managers, and anyone interested in gaining a solid foundation in Retail operations. It is also beneficial for those looking to enhance their skills in the Retail industry.
Retailing is crucial as it serves as the final link between producers and consumers, facilitating the sale of goods and services. It plays a vital role in the economy by providing employment, driving consumer spending, and influencing market trends.
The functions of Retailing include providing a wide assortment of goods, offering convenience and customer service, executing sales promotions, and facilitating the purchase process through merchandising, inventory management, and customer engagement.
The duration of the Retail Fundamentals Course is 1 day.
In this training, you will learn about key Retail concepts such as consumer behaviour, inventory control, sales techniques, visual merchandising, customer service strategies, and the use of technology in Retail operations.
Benefits of this training include gaining a strong understanding of Retail operations, improving your ability to manage a Retail business effectively, enhancing your customer service skills, and boosting your career prospects in the Retail industry.
The Retail Fundamentals Certification aims to equip learners with the essential knowledge and skills required to excel in the Retail sector, validating their competence in key areas such as sales, inventory management, and customer relations.
Yes, a self-paced Retail Fundamentals Training Course is available, allowing learners to progress through the material at their own pace and convenience, making it ideal for busy professionals.
The course includes Retail management, customer service, sales strategies, inventory control, and the use of Retail technology. It also includes practical exercises and case studies.
Individuals aspiring to work in Retail management, sales, customer service, and small business owners would benefit from obtaining a Retail Fundamentals Certification to validate their skills and improve their career prospects.
Yes, 24/7 support is offered for the Retail Fundamentals Course, ensuring that learners can receive assistance with course content, technical issues, and other queries at any time.
The Retail Fundamentals Certification Course is designed to be accessible to beginners, with a moderate difficulty level that gradually introduces more complex concepts as learners progress through the material.
Upon completion of this course, you can expect to qualify for roles such as Retail manager, sales associate, customer service representative, visual merchandiser, or inventory control specialist.
Yes, corporate training is available for this Retail Fundamentals Course, tailored to meet the specific needs of organisations looking to enhance the skills of their Retail teams.
Holding a Retail Fundamentals Certification signifies that you have a solid understanding of essential Retail practices, making you a valuable asset to employers in the Retail industry and boosting your career advancement opportunities.
If you are unable to access the course, you should contact the customer support team, who can assist with technical issues and provide guidance on accessing the training materials.
Taking the Retail Fundamentals Course will provide you with the foundational knowledge necessary to succeed in the Retail industry, helping you build a strong career in Retail management, sales, and customer service.
There is no specific qualification required to attend the Retail Fundamentals Training Course. It is open to anyone interested in learning about Retail operations and management.
After completing the course, you should apply the knowledge and skills acquired in your current or future Retail roles, pursue further certifications, or explore job opportunities in Retail management, sales, or customer service.
No, you do not need a Sales Certification before completing the Retail Fundamentals Training. The course is designed to cover the basics of Retailing, including sales techniques, so prior certification is not required.
The training fees for Retail Fundamentals Trainingin Hong Kong starts from HKD16995
The Knowledge Academy is the Leading global training provider for Retail Fundamentals Training.
Please see our Sales Training courses available in Hong Kong
Show more down

Why choose us

icon

Best price in the industry

You won't find better value in the marketplace. If you do find a lower price, we will beat it.

icon

Many delivery methods

Flexible delivery methods are available depending on your learning style.

icon

High quality resources

Resources are included for a comprehensive learning experience.

barclays Logo
deloitte Logo
Thames Water Logo

"Really good course and well organised. Trainer was great with a sense of humour - his experience allowed a free flowing course, structured to help you gain as much information & relevant experience whilst helping prepare you for the exam"

Joshua Davies, Thames Water

santander logo
bmw Logo
Google Logo

Looking for more information on Sales Training?

backBack to course information

Get a custom course package

We may not have any package deals available including this course. If you enquire or give us a call on +852 2592 5349 and speak to our training experts, we should be able to help you with your requirements.

cross

BIGGEST
BLACK FRIDAY SALE!

red-starWHO WILL BE FUNDING THE COURSE?

close

close

Thank you for your enquiry!

One of our training experts will be in touch shortly to go over your training requirements.

close

close

Press esc to close

close close

Back to course information

Thank you for your enquiry!

One of our training experts will be in touch shortly to go overy your training requirements.

close close

Thank you for your enquiry!

One of our training experts will be in touch shortly to go over your training requirements.