Retail And Marketing Management Discussion Forum

 Why Should we hire you?  Why should we hire you is another one of the most important job interview questions asked in the interview and if you are not prepared for this question well in advance then it will be the toughest. So prepare the answer beforehand. To answer this question then you should have a good understanding of the key requirements of the job. To answer this question you should highlight what makes you a perfect candidate for this specific job opportunity. Describing the selling points relevant to the job such as job experience, industry experience, technical skill and company cultural fit will ensure your success in getting this job opportunity. If the job opportunity requires a change in industry or career, you should convince the interviewer that your experience and background will match the new role. This has to be done i f your experience does not match directly with the job. And if the job candidate has little or no experience then you should convince the ...

 Top 7 Telephone Interview Tips and Techniques Telephone interviews are usually done at the initial stage of the interview process to understand the candidate and filter them if there are too many applications for the particular job opening. Use the below tips to ensure that you are ready and super confident to attend the telephonic round of interview. 1) Choose the best place to attend the call - always make sure that you are in a quiet place to attend the interview call so that you won't be disturbed by the surrounding environment. Choose a comfortable table and chair where you can lay your papers and documents to refer to in the interview. Avoid the cluttered area as it can make you confused during the interview process.  Generally don't take the interview calls in your office hours and office premises as it can make you nervous that someone might be watching you. One should remember to get rid of all the distractions and be in a quiet place. If you suddenly get the call f...

TRAINING METHODS Training is part of Human Resource Development which involves developing a particular skill by instructions and practices for the effective performance of the task assigned. Basically, there are two training methods: On Job Training Off Job Training On Job Training - These are the training methods that are applied in the workplace wherein the employee is actually working. There are various On Job training methods which are: Job Rotation, Coaching,  Apprenticeship Training and Internship.   1) Job Rotation -   In Job Rotation the employee is moved from one job to another in the same workplace. Here the employee will get the job knowledge and will gain experience from his/her supervisor or from the trainer. Here the training is provided on different job assignments. This method will help in understanding the challenges of other employees in their job and respect them. 2) Coaching - In Coaching, the employee who is getting trained is placed under a particul...

 Wholesale Meaning   What is Wholesale Business - Wholesale is the selling of good and merchandise  to retailers and large business entities in large volumes at a lower price and low profits. As the business volume is high, the profits are very thin in the wholesale business. We have some wholesalers retailers for example Walmart, Carrefour, Walmart's Best Price , Reliance Market and Metro Cash and Carry in India.     How is Wholesale different?  1) Wholesalers sell only to a business and not to the end-users. 2) Wholesalers don't sell in small quantities and they sell in bulk 3) Wholesalers don't give much emphasis on the display of merchandise. 4) Location of the wholesaler is not of much importance. 5) Visual Merchandising is not of much importance on wholesale  Sometimes wholesalers will also serve the customers, for example, Walmart and Metro Cash and Carry store sell to end-users also, here they are both retailer and wholesaler. Another exam...

Group Interview - Tips and Techniques In a group interview, multiple candidates are interviewed at the same time by 2 to 3-panel members or interviewers. Most of the candidates think that group interview is the most difficult round in the interview process, but if you know what to be done well in advance then it will be a very easy interview process. Group Interviews will help in evaluating the candidate's ability to interact and communicate successfully and effectively with others in the group. It will also help to know how you behave with a group of people and your ability to influence the group. So let us discuss some of the group interview tips: 1) How to make a good first impression: Remember that you will be observed by everyone in the group and it's very important to make the right impression. Be professional and polite with all the group members and communicate in a clear voice in the group discussion. Usually, the first thing in a group interview is to introduce yourse...

  What Is Procurement Procurement is the process of buying goods or services for business purposes. Procurement is a much broader term that includes purchasing also. So we can say that Purchasing is part of Procurement. Procurement involves sourcing and purchasing goods and services from an external source to fulfil the requirements of the organization which will lead to profitability and efficiency. Procurement involves all kinds of acquisitions which include leasing, renting, and contract to arrange goods and services. Procurement is done when we aim to acquire raw materials and supplies specifically for large businesses at a large scale, at the best possible price. Here various factors are considered like quality, quantity, and delivery time. Procurement is a simple purchasing arrangement specifically with a single supplier. The effective procurement process involves multiple stages like: Choosing Potential Supplier Negotiating the terms and prices Investigate the purchases Purc...

 What are the right job interview etiquette - Interview Tips One should always know what to do when you arrive at the company for the job interview. Remember to present yourself positively and professionally in each and every step of the interview process, this will impress the interviewer. Your interview begins the moment you enter the interview location so act professionally, someone may be observing you. So behave in a professional attitude at all times. The below 4 steps will help you to deal with this issue - 1) Switch off or Keep the Mobile in Silent mode: The moment you enter the interview location - switch off your mobile. You should be actively focusing on the interview process and make sure you are not interrupted by any calls or messages. Checking or getting involved in your phone while you wait for an interview is poor job etiquette, it gives an impression of lack of interest.  2) Greet the Receptionist Proactively: Always greet the receptionist politely and confid...

10 Most Common Job Interview Mistakes to Avoid Mistakes in Interviews are common, but there is a way to avoid all the mistakes if you follow some tips and tricks. So here we will be discussing these mistakes which are to be avoided. These are the 10 mistakes that the hiring managers complain about. The below steps will definitely help you to avoid mistakes in your Next Job Interview. 1) Not getting prepared for Interview: This is the most common mistake and this can be easily avoided. Preparing for the most common questions asked in the interview is an easy method to overcome this mistake. Doing research on the company for a couple of hours will help you in preparing for the interview. Also not preparing for the interview will give an impression that you are disinterested in the job position and it will also give an impression that you are an unprofessional candidate. 2) Wearing Inappropriate Dress to Interview: Always wear formals for an interview, this looks decent and very professio...

Interview Tips - What to do the day before We will be discussing the most important and essential steps that one must follow the day before your Job Interview. We have to be always the best-prepared job candidate, so to do so there are some tips and tricks to be followed. Always be prepared for your next job interview, we never know when the opportunity strikes. By following the 6 steps discussed below, will guarantee success in a job interview: 1) Research the Company: This is a very important step as we should gather information and  understand  relevant information about the organization which you are  attending.  Understanding Company Vision, Mission, and Objectives are  very  important and this shows that you are genuinely interested in  the  organization to the interviewer. Go through the company website to understand the company products and services. A couple of hours of research on the company is the first good step towards interview prep...

  6 Important Interview Closing Techniques Photo by Edmond Dantès from Pexels The final stage of any Job Interview is very important and critical and you need to make a mark on interviewer that you are the perfect candidate for the job. At the end if every interview you should make sure you leave on a positive note. For a lasting impression the closing of interview should be effective. There are number of ways to end the interview on positive note and the following 6 closing techniques will help us to close interview process in a positive note.  The following are 6 steps: 1) Ask the Right questions to the Interviewer: List all the questions you want ask about the company and job position well in advance before the Interview. This will boost your confidence as you are prepared to ask the interviewer about your doubts or questions. The rule is that don't ask too many and unnecessary questions just for the heck of asking. Also ask the question if you...

Consumer Buying Decision Process Photo by Andrea Piacquadio from Pexels The Consumer Buying Decision Process is the decision-making process by the customers for the purchase which they are going to make in the future. The decision-making process takes place before purchase (pre-purchase), during the purchase and after the purchase (post-purchase). Each and every customer has to go through this process knowingly or unknowingly when they are purchasing ant product or service. For Example: If a customer is planning to purchase a smartphone then he/she will definitely undergo the process of evaluation of a product and then he will purchase it. Every buyer will have to undergo a decision-making process. The consumer decision-making process is a psychological process and this is an observable behavior that the decision has been made. Every Consumer Buying process has to undergo the below six stages, also we will understand this with one simple example: Problem Recognition Information Search...