Being a retail store manager requires the ability to manage employees and deliver excellent customer service. A retail store manager is essentially the person with the most responsibility in any retail store. The manager must maintain an inviting store atmosphere and be ready to handle any problems that arise in the daily functioning of a retail business. You may wonder, “How do I become a retail store manager?” If you want to increase your earning power, then the best thing that you can do is to pick up a position as a cashier or inventory clerk within a retail store. Experience proves to be a powerful asset when you want to be promoted to a retail store manager position.
Recommended Management Programs
- American InterContinental University – Bachelor’s (BBA) Management
- Walden University – B.S. in Business Administration / Management
- Rasmussen College – Bachelor’s Business Management
What’s it like to be a retail store manager?
A retail store manager frequently works a full-time schedule. In any given week, the retail store manager may deal with a wide range of responsibilities. He or she may need to hire additional retail associates for positions as greeters or positions within the merchandise department. As such, the retail store manager should know how to seek job candidates who possess the qualities that will make them successful in these departments. The retail store manager may also need to train employees in a given week within a training program. The retail store manager may also need to take on responsibilities at the cash register if employees are taking a sick day. The retail store manager also manages that payroll for a retail store and determines the amount of pay for each employee. He or she will also be responsible for ensuring that a business meets its target sales goals for a given month.
When you want to become a retail store manager, the value of experience actually outweighs the value of education. Most corporations want to see that a person seeking a retail management position has had significant experience in working in the retail industry. A person can pursue a four-year degree in marketing or business management if he or she does want to obtain a more theoretical perspective of what this position requires. Classes in accounting can be particularly helpful for individuals who seek retail management positions. It is essential for retail store managers to have strong accounting skills and to be able to make sure that a business stays within its budget for the month.
Cashiers, inventory clerks and other workers can quickly become promoted to managerial positions. Businesses will often reward these individuals if they have helped to increase the profitability of a company.
Salary & How to Get a Job
According to the BLS, the average salary of a retail store manager is about $40,000 a year. If you do become a retail store manager, there may be other perks associated with your position. You may be able to take advantage of additional store discounts. You may also be extended benefits that are available through the company. Stock options are frequently offered to retail store managers. If you want to become a retail store manager, you should simply try to obtain a position in a company that you could see yourself working for in a long-term career. The best way to become a retail store manager is to simply put in the hard work and advance in the corporate hierarchy of a retail store.
When you do become a retail store manager, you will have the ability to further advance your career beyond being a manager. Ambitious individuals enjoy working in the retail industry for the few educational requirements that it has.