Sales / Business Development

Retail Networks

Related positions: Retail Networks, Branch Manager, Branch Director, Office Manager, Operations Manager, Location Manager, Affluent Relationship Manager, Wealth Relationship Manager, High Net Worth Relationship Manager, Private Client Relationship Manager, Wealth Client Advisor, Business Relationship Manager, Corporate Relationship Manager, Client Account Manager, Enterprise Relationship Manager, Business Account Manager, Assistant Relationship Manager, Associate Relationship Manager, Junior Relationship Manager, Client Support Manager, Relationship Assistant

Overview

Retail network professionals are responsible for managing and optimizing the operations of retail locations and ensuring a consistent, high-quality customer experience across all channels. They oversee the coordination of multiple stores, monitor sales performance, and implement strategies to improve efficiency and profitability. 

These professionals work closely with supply chain, marketing, and customer service teams to ensure that products are available, inventory is managed, and promotional efforts align with customer needs. They also analyze market trends and customer feedback to adapt the network’s offerings and enhance satisfaction. 

Typically, professionals in retail networks hold a degree in business, retail management, or marketing, and may pursue certifications or courses in supply chain management to further their expertise.

Common tasks 

    TaskRelated trait(s)
    Developing and implementing sales strategies to expand the client base and ensure growth Efficiency and precision Achievement striving
    Building and maintaining relationships with customers; understanding their needs and ensuring a high level of customer service  Understanding customers Effective listening 
    Forecasting: Creating sales forecasts in order to assist in decision making and strategy setting. Understanding customers Analytical competency
    Setting and managing sales budget Integrity
    Reviewing sales reporting versus forecasting; uses data to monitor results project sales, determine profitability and targets, identify potential new market segments and/or areas for improvement as well us to monitor market’s preferences Analytical competency
    Working with a team Normative and legal compliance Collaborative spirit
    Managing others  Inclusivity in leadership

    Soft skills measured by TraitForward

    TraitNo of QuestionsCronbach’s  alpha (α)
    Inclusivity in leadership120.76
    Do they operate according to the principles of fairness and equality?
    Normative and legal compliance90.74
    Do they demonstrate reliability and respect for established procedures?
    Achievement striving60.74
    Can they consistently exceed expectations and set high standards?
    Analytical competency80.73
    Can they analyze data to uncover insights and improve performance?
    Creativity and problem solving70.76
    Can they generate innovative solutions and think outside the box?
    Written comprehension70.79
    Can they understand and process complex written information effectively?
    Business acumen90.72
    Can they make thoughtful and informed decisions that benefit the organization?
    Persuasive presentation skills60.79
    Can they communicate confidently and persuasively in front of an audience?
    Efficiency and precision70.73
    Can they consistently complete tasks with accuracy and attention to detail?
    Efficient multitasking50.71
    Can they manage multiple tasks simultaneously while maintaining high productivity?
    Calmness under pressure40.74
    Can they remain composed and effective in high-pressure situations?
    Understanding customers80.76
    Can they anticipate customer needs and tailor solutions accordingly?
    Integrity110.79
    Can they consistently act with honesty and fairness in every situation?
    Effective listening80.71
    Can they genuinely engage with others and understand diverse perspectives?
    Persuasive communication110.84
    Can they captivate and influence others with their communication?
    Influential leadership60.86
    Can they inspire and guide teams with confidence and fairness?
    Collaborative spirit60.75
    Can they prioritize the needs of the team and support others effectively?
    *Cronbach’s alpha coefficient (α) determines the extent to which the questions consistently measure each trait and it is expressed as a number ranging between 0 and 1 . Higher values indicate higher agreement between questions.  A value of α equal to greater than .7 indicates acceptable reliability or internal consistency.  For more information on the psychometric properties of the solution, please click here.

    Find out the psychometric properties for the Retail Networks Traitforward questionnaire