Gain practical insights into retail operations, consumer behavior, and effective sales strategies.

Retail Insights & Sales Mastery
Course Features:
  • Language: English
  • Duration: 30 hours (1 month)
  • Learning Mode: Center
  • Jurisdiction: Maharashtra
  • Certificate of Completion

Eligibility
  • Learner should preferably a std. 10th Pass student (Not Compulsory)
  • It is desirable that Learner should have done MS-CIT Course (Not Compulsory)

Introduction

  • Develop knowledge of facts, concepts, principles, theories of Retail Sector and Indian Retail sector.
  • Discuss and utilize a diverse array of fundamental terminologies which play a pivotal role in shaping and optimizing the operations of retail businesses
  • Classify and explore diverse retail business models and ownership structures.
  • Critically evaluate organizational structures employed to facilitate efficient operations and ensure effective management of resources.
  • Apply the acquired operational, technical, and theoretical knowledge to analyse an array of diverse career opportunities.
  • Discuss an array of diverse marketing and promotional activities instrumented to strengthen brand visibility, attract prospective customers, and stimulate sales.
  • Identify advanced digital marketing techniques employed by brands to foster meaningful and enduring relationships with customers.
  • Examine Leveraging Customer Relationship Management (CRM) tools to enhance Customer Lifetime Value (CLV) through strategic application.
  • 4.Compare and choose effective sales concepts and organizational techniques to lead to higher revenue generation.
  • Describe customer influence, behaviour in decision making and purchasing patterns of products and services.
  • Identify effective segmentation, targeting, and positioning of products based on customers

What you'll learn ?

  • Interpret the fundamental concepts, historical evolution, and contemporary outlook of the retail industry, with a specific focus on the Indian retail sector.
  • Utilise and review the convergence of retail terminologies with commonplace expressions
  • Discover diverse concepts pertaining to retailer types, which are representative of various business ownership models.
  • Diagnose distinct organizational structures employed to govern retail operations effectively.
  • Assess diverse career opportunities aligning with individuals' qualifications.
  • Design professional and visually appealing portfolio on job sites to showcase one's skills and accomplishments effectively
  • Diagnose and compare the marketing activities by top brands and access their outcomes.
  • Inspecting the digital marketing techniques by brands and customer interactions to foster business growth.
  • Rate effectiveness of CRM Tools in increasing the customer base and purchase quantity.
  • Compose strategies for selling products and services in retail market
  • Discover and diagnose the purchasing patterns of customers with the help of their behaviour and brand impact on them.
  • Illustrate the strategies for choosing a customer target for promotion and selling by the brands.

Certification

  • KLiC courses are recognised by Yashwantrao Chavan Maharashtra Open University (YCMOU).
  • MKCL provides certificate to the KLiC learner after his/her successful course completion.
  • Yashwantrao Chavan Maharashtra Open University (YCMOU) provides mark sheet to successfully passed KLiC learners (Jurisdiction: Maharashtra).

Academic Approach

The academic approach of the courses focuses on the “work-centric” education i.e. begin with work (and not from a book!), derive knowledge from work and apply that knowledge to make the work more wholesome, useful and delightful. The ultimate objective is to empower the Learner to engage in socially useful and productive work. It aims at leading the learner to his/her rewarding career as an employee or entrepreneur as well as development of the community to which s/he belongs. Learning methodology:

  • Step -1: Learners are given an overview of the course and its connection to life and work.
  • Step -2: Learners are exposed to the specific tool(s) used in the course through the various real-life applications of the tool(s).
  • Step -3: Learners are acquainted with the careers and the hierarchy of roles they can perform at workplaces after attaining increasing levels of mastery over the tool(s).
  • Step -4: Learners are acquainted with the architecture of the tool or tool map so as to appreciate various parts of the tool, their functions, utility and inter-relations.
  • Step -5: Learners are exposed to simple application development methodology by using the tool at the beginner’s level.
  • Step -6: Learners perform the differential skills related to the use of the tool to improve the given ready-made industry-standard outputs.
  • Step -7: Learners are engaged in appreciation of real-life case studies developed by the experts.
  • Step -8: Learners are encouraged to proceed from appreciation to imitation of the experts.
  • Step -9: After the imitation experience, they are required to improve the expert’s outputs so that they proceed from mere imitation to emulation.
  • Step-10: Emulation is taken a level further from working with differential skills towards the visualization and creation of a complete output according to the requirements provided. (Long Assignments)
  • Step-11: Understanding the requirements, communicating one’s own thoughts and presenting are important skills required in facing an interview for securing a work order/job. For instilling these skills, learners are presented with various subject-specific technical as well as HR-oriented questions and encouraged to answer them.
  • Step-12: Finally, they develop the integral skills involving optimal methods and best practices to produce useful outputs right from scratch, publish them in their ePortfolio and thereby proceed from emulation to self-expression, from self-expression to self-confidence and from self-confidence to self-reliance and self-esteem!

Syllabus

  • Introduction to Retail in India
  • Introduction to Retail
  • History of Retail
  • Prevalence of Retail in the Modern World
  • Importance of Retailers
  • Introduction to Retail in India
  • Retail Industry : Overview
  • History of Indian Retail
  • Modern Indian Retail Formats
  • Introduction to Retail Operations and Key Terminology
  • Wholesale
  • Logistics
  • Inventory
  • Supply Chain
  • Procurement
  • Barcodes
  • Chargebacks
  • Coupons
  • Merchandise
  • Markdown
  • Markup
  • Charge Slip
  • Sale
  • Credit
  • Trade Discount
  • Stock Keeping Unit
  • E-Wallet
  • Point of Sale (POS)
  • Introduction to Types of Retailers
  • Convenience or Mom and Pop Stores
  • Departmental Stores
  • Shopping Malls
  • Discount Stores
  • Supermarkets
  • Street Vendors
  • Online Stores
  • Introduction to Types of Business Ownerships
  • Sole Proprietorship
  • Partnership
  • Limited Liability Partnership (LLP)
  • Private Limited Companies
  • Who Should you Partner with?
  • Types of Capital
  • Communication Skills I
  • Communication Skills II
  • Introduction to the Four P’s of Marketing
  • The Four P’s of Marketing
  • Product
  • Price
  • Place
  • Promotion
  • The Three New P’s of Marketing
  • People
  • Process
  • Physical Evidence
  • The Promotional Mix in Retail Marketing: Scenario
  • What is a Promotional Mix?
  • Introduction to the Promotional Mix in Retail Marketing
  • Need and objectives of promotional mix
  • Promotional mix strategies: Planning and implementation of
  • Elements of promotional mix
  • Scenario: Retail Marketing Collateral
  • Introduction to Retail Marketing Collateral
  • Signage
  • Advertising
  • Coupons
  • Digital Marketing
  • Introduction to Customer Service in Retail
  • Strategic Advantage Through Customer Service
  • Challenges in Providing Consistent High-Quality Service
  • Customer Service Approaches
  • Key Takeaways
  • The Gaps Model
  • The Knowledge Gap
  • The Standards Gap
  • The Delivery Gap
  • The Communication Gap
  • Introduction to Relationship Marketing
  • Recognising the Seriousness of a Customer’s Concerns
  • Empathise with the Complaint
  • Gaining the Customer’s Respect
  • Repeat Business
  • How to Cater to & Look After the Needs of Current Customers
  • Consumption History and Products Consumers Need
  • Introduction to Customer Relationship Management (CRM)
  • Overview of CRM Process
  • Generating and Managing Customer Database
  • Privacy and CRM Programs
  • Identifying Regular Customers and Providing Services
  • Customer Pyramid
  • Personalisation
  • Implementing CRM
  • Customer Lifetime Value
  • How to Calculate CLV?
  • Importance of CLV
  • How to Increase CLV?
  • Customer Lifetime Value: Case Study
  • Introduction to Building Strong Brands
  • How to Make Branding Work
  • Role of Brands in Retail
  • Scope of Branding
  • Brand Equity
  • Introduction to Problem Solving
  • What is Problem Solving?
  • Stages of Problem Solving
  • Skills Needed for Problem Solving
  • Use of Resources to Manage Knowledge
  • Introduction to Problem Solving
  • How Technology Helps Solve Retail Problems
  • Product Availability
  • Asking Questions
  • 3D Technology
  • Social Media
  • Email Marketing
  • Technology for Travel
  • Cashless Payment
  • Augmented Reality
  • Crowdsourcing
  • Scenario: Handling Difficult Customers
  • Introduction to Handling Difficult Customers
  • Introduction to Sales
  • What is Selling
  • Types of Sales
  • Importance of Sales in Industry and How it Drives the Organisation
  • How Sales Organisations are Structured
  • Introduction to Types of Sales
  • Push Marketing
  • Pull Marketing
  • Solution Selling
  • Introduction to Ethical and Sustainable Retailing
  • Ethics in Retailing
  • Sustainable & Green Retailing
  • Dignity of Labour
  • Equal Treatment of Customers
  • Instil Values in the Workplace
  • Controlling Food Wastage
  • Arohana: Interview
  • Introduction to Organisational Structure in Retail Organisations
  • Organisation of a Single-Store Retailer
  • Organisation of a National Retail Chain
  • Organisational Design Issues
  • Introduction to Careers in Retail
  • Intermediate Jobs: Overview
  • Client Service Representative
  • Skills Needed
  • Entry-Level Jobs: Overview
  • Cashier
  • Management Jobs: Overview
  • Store Manager
  • Skills Needed
  • Buying and Merchandise Jobs: Overview
  • Visual Merchandise
  • Skills Needed
  • Entrepreneurial Opportunities
  • Definition- Consumer
  • How to Study Consumer Behaviour
  • Types of Consumer Behaviour
  • Factors that Influence Buyer Behaviour
  • Social Factors
  • Personal Factors
  • Gwalior Suiting Ad
  • Raymond Ad
  • Psychological Factors
  • New Emerging Lifestyles of the Urban Consumers
  • Introduction to Consumer Behaviour
  • Definition of Consumer Behaviour
  • Explanation of Consumer Behaviour
  • Terms of Consumer Behaviour
  • Need of Studying Consumer Behaviour
  • Introduction to the Buying Process
  • The Buying Process
  • Need Recognition
  • Stimulating Need Recognition
  • Information Search
  • Introduction to Buying Decisions
  • Buying Decisions
  • Brand Loyalty
  • Social Factors that Influence Buying Decisions
  • Introduction to Merchandising
  • Retail Merchandising
  • Retail Merchandising: Tips and Tricks
  • Cross Merchandising
  • Visual Merchandising
  • Agrikatta: Interview
  • Introduction to Visual Merchandising
  • What is Visual Merchandising
  • Fixtures
  • Presentation Techniques
  • Creating a Pleasing Atmosphere
  • Keeping Competition at Bay
  • Introduction to Merchandise Planning
  • Merchandise Category- The Planning Unit
  • Evaluating Merchandise Management Performance
  • GMROI
  • Measuring Sales to Stock Ratio
  • Merchandise Management Process
  • Forecasting Sales
  • Introduction to Understanding Fashion
  • Customer Needs Satisfied by Fashion
  • Stages in the Fashion Life Cycle
  • Creation
  • Adoption by Fashion Leaders
  • Spread to Large Consumer Groups
  • Saturation
  • Decline in Acceptance and Obsolescence
  • Introduction to Brand Switching
  • Reasons for Switching Brands
  • Price Does not Match Value
  • Brand Fatigue has set in
  • Poor Customer Service
  • Poor Knowledge of Target Audience
  • How to Avoid Brand Switching
  • Introduction to Product Category Management
  • 8 Step Process of Category Management
  • The Reasons for the Emergence of Category Management
  • Components of Category Management
  • Role of a Category Manager
  • Introduction to Store Layout and Design
  • Grid Layout
  • Racetrack Layout
  • Free-flow Layout
  • Signage and Graphics
  • Feature Areas
  • Dressing Rooms
  • Billing
  • Planograms in the Retail Industry
  • Introduction to Target Setting
  • Concept of Sales Target
  • Types of Sales Target
  • Setting Realistic Sales Targets
  • Having and Maintaining an Optimistic Mindset
  • Introduction to Measuring Performance Objectives
  • Principles of Performance Objectives
  • Setting Performance Objectives: Top-Down Vs. Bottom-Up Processes
  • Types of Measures
  • Assessing Performance

Evaluation Pattern

Evaluation Pattern of KLiC Courses consists of 4 Sections as per below table:

Section No. Section Name Total Marks Minimum Passing Marks
1 Learning Progression 25 10
2 Internal Assessment 25 10
3 Final Online Examination 50 20
Total 100 40
4 SUPWs (Socially Useful and Productive Work in form of Assignments) 5 Assignments 2 Assignments to be Completed & Uploaded
YCMOU Mark Sheet

Printed Mark Sheet will be issued by YCMOU on successful completion of Section 1, Section 2 and Section 3 and will be delivered to the learner by MKCL.
YCMOU Mark Sheet will be available only for Maharashtra jurisdiction learners

MKCL's KLiC Certificate

The certificate will be provided to the learner who will satisfy the below criteria:

  1. Learners who have successfully completed above mentioned 3 Sections i.e. Section 1, Section 2 and Section 3
  2. Additionally, learner should have completed Section 4 (i.e. Section 4 will comprise of SUPWs i.e. Socially Useful and Productive Work in form of Assignments)
    • Learner has to complete and upload minimum 2 out of 5 Assignments

Courses Fee Structure from 01 July, 2025 Onwards

KLiC 30 hour course fee applicable from 01 July, 2025 all over Maharashtra

KLiC Course Duration MFO
(Inclusive of GST)
ALC Share
(Service Charges to be collected by ALC)
30 hours Rs. 300/- Rs. 1,500/-
Important Points:
* Above mentioned fee is applicable for all Modes of KLiC Courses offered at Authorised Learning Center (ALC) and at Satellite Center
* Total fee is including of Course fees, Examination fees and Certification fees
* MKCL reserves the right to modify the Fee anytime without any prior notice