ISCO Occupation Group 5221.1 Retail Entrepreneur
From Open Risk Manual
Definition
Retail Entrepreneur: Retail entrepreneurs organise business processes and concepts in his/her personally owned business.
Essential Skills
- Build Business Relationships
- Monitor Company Policy
- Perform Project Management
- Negotiate Sales Contracts
- Organise Product Display
- Set Up Pricing Strategies
- Plan Marketing Campaign
- Law Of Obligation
- Perform Customers’ Needs Analysis
- Identify Suppliers
- Control Of Expenses
- Implement Marketing Strategies
- Implement Sales Strategies
- Handle Financial Overviews Of The Store
- Analyse Data For Policy Decisions In Trade
- Supervise Sales Activities
- Recruit Employees
- Study Sales Levels Of Products
- Develop Business Case
- Provide Customer Follow-Up Services
- Guarantee Customer Satisfaction
- Commercial Law
- Manage Staff
- Manage Financial Risk
- Ensure Compliance With Purchasing And Contracting Regulations
Optional Skills
- Comprehend Financial Business Terminology
- Maintain Relationship With Suppliers
- Examine Merchandise
- Maintain Financial Records
- Market Pricing
- Competition Law
- Maintain Relationship With Customers
- Operate Cash Point
- Order Products
- Keep Records Of Merchandise Delivery
- Check Deliveries On Receipt
- Carry Out Cross Merchandising
- Ensure Point Of Sale Material Availability
- E-Commerce Systems
- Accounting Techniques
- Create Annual Marketing Budget
Alternative Names
- Shop Keeper
- Retail Product Developer
- Retail Business Entrepreneur
- Retail Sales Entrepreneur
- Retail Trade Entrepreneur
- Retailer
- Shopping Entrepreneur
- Retail Business Developer
- Retail Business Transformer
- Retail Innovator
- Entrepreneur
- Retail Experience Entrepreneur
