Hotline: 1800 102 2007
Hotline: 1800 102 2007
Search Business Opportunities

How Corporate Training Can Enhance Productivity In The Retail Sector

The education sector is joining hands with various business sectors for enhancing development and productivity in the workplace.

By Features Writer
How Corporate Training Can Enhance Productivity In The Retail Sector

According to a report, the global retail market is expected to touch the record-breaking growth of close to 5% through 2016, exceeding to $13.2 trillion. Meanwhile, India has emerged as the 5th largest retail industry, expected to grow at the US $950 billion by the end of 2018.

Retail franchisors are particular are utilizing the educational tool for improving the employees’ performance at their workplace. Indian retail sector has recently seen a rapid implementation of employee training programs, enhancing the progress of employees along with increased sales.

Why is it important?

Usually, franchisors neglect the importance of implementation of such programs as it requires ads on capital as an investment. But not to forget, training could prove to be profitable in the long run. It is believed that employees who are well educated and informed about the training materials have enhanced communication skills, knowledge about the industry and products… more.

The retail industry is known for its rich turnover rates where employee training can improve employee retention rate, fulfilling their job responsibilities.

Corporate training results in increasing sales

Introduction of such programs can help an organization to get well-informed employees, convincing the customers to buy the products and services of the organization. It helps to keep employees aware of the latest offers and services, making the communication process easier with customers. It leads to customer satisfaction, resulting in higher sales and profits.

Easy access to information

The blended training process helps an employee to learn several things about the flexibility and paced training modules, learning the steps for a better customer service. They could log into the e-learning platforms, getting informed about compliance updates and refreshing their memory about the various products.

This process helps the employees to work more seamlessly, achieving their goals in no time.

Related opportunities
  • Ice creams & Yogurt Parlors
    About Us: Bombay Kulfis set up their base in July 2016..
    Locations looking for expansion Andhra pradesh
    Establishment year 2016
    Franchising Launch Date 2018
    Investment size Rs. 5lac - 10lac
    Space required 50
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Hyderabad Andhra pradesh
  • Multi Cuisine Restaurant
    About Us: Multi cuisine restaurant which serves Italian , Mexian ,..
    Locations looking for expansion Maharashtra
    Establishment year 2015
    Franchising Launch Date 2018
    Investment size Rs. 20lac - 30lac
    Space required 400
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Quick Service Restaurants
    About Us: Kathi Express has discovered its own variety of spices..
    Locations looking for expansion Uttarakhand
    Establishment year 2003
    Franchising Launch Date 2003
    Investment size Rs. 2lac - 5lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Dehradun Uttarakhand
  • About Us: Conceptualized to disrupt the salon industry in india, Sooper..
    Locations looking for expansion Delhi
    Establishment year 2010
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
Insta-Subscribe to
The Franchising World
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities
More Stories

Free Advice - Ask Our Experts