Is Consumer Durables a Good Career Path In 2021?

Published on: 11 October 2021 Last Updated on: 31 October 2024

Is consumer durables a good career path in 2021? How many jobs are available in consumer durables? If you are searching for these queries, you are reading the correct blog!

Choosing your career path in consumer durables can be your best decision because it is highly rewarding, and the future is truly bright.

Consumers take irregular career paths, and they regret the same in the long run. This is the reason why you need to be very focused and alert while choosing any career path. Some of the other top career paths can be precious metals, basic industries, energy utilities, public utilities, hotels/resorts, etc.

Consumer Durables – What You Need To Know?

Consumer durables are also known as durable goods or just durables, are a category of consumer goods that do not wear out instantly and thus, do not have to be bought frequently. These are known as “durable goods” as they tend to last for more than three years and are the opposite of consumer non-durables goods.

Hence, in a more simple term, commodities that are purchased repeatedly over a prolonged period are known as consumer durables.

Examples of consumer durable are toys, medical equipment, jewelry, sports equipment, furniture tools, consumer electronics, books, automobiles, and much more. Shoes and clothing are examples of semi-durable goods.

Is Consumer Durables A Good Career Path In 2021?

The answer to this question is Yes. Consumer durables are a good career path in 2021. Most of the durable consumer companies are operating at 100% production capacity.

Actually, consumer durables consist of particular features that set them apart from other consumption expenditure items. Besides, in the European System of Accounts, consumer durables are defined as durable goods utilized by many households.

This sector is in huge demand at present, and even non-consumer durables are a good career path and you should know this at the earliest.

How Many Jobs Are Available In Consumer Durables?

There are many jobs available in consumer durables, and you must be aware of the same if you are willing to grow your career in this field.

Now, let’s have a look at the best-paying jobs in consumer durables. The following data is derived from LinkedIn.

i). Category Manager

The Category Manager is responsible for determining the positioning of a product category.

Here, you need to increase visibility, partner with Supply Chain to place appropriate orders, build relationships with vendors, develop exit strategies, devise long-term development strategies, analyze data to consumer trends and the industry.

ii). Sales Operations Specialists

Sales Operations Specialists is one of the top jobs available in consumer durables. Here, you need to support all the stages of the sales cycle and provide high-quality support as a part of consumer services.

You need to maintain a clear process for the sales team, accurate data reporting dashboards, prepare sales documents, and also handle all CRM records, deals, and contacts with input from the sales team.

iii). Product Development Manager

To get the role of Product Manager, you must have a bachelor’s degree in Business or Marketing. At the same time, you must possess good communication and writing skills.

Besides, your main role will be managing pricing and promotions, utilize strong financial acumen, implement several activities and strategies, and build relationships with customers.

iv). Events Manager

The Events Manager works closely with corporate communications teams on activation opportunities and related events. You need to manage budgets and track all consumers.

Moreover, you need to identify opportunities for participation in key consumer events that will increase your exposure. At the same time, you need to build marketing initiatives via consumer-facing marketing activations.

v). Ecommerce Analysts

The Ecommerce Analysts are responsible for creating pathways to deliver profitable growth and annual revenue. You need to facilitate alignment across all eCommerce customers.

You need to manage all the eCommerce content testing roadmap for businesses, collaborate with marketing and product development, monitor trends in user behavior, and maintain a consistent flow of the work.

The Final Thoughts

Is consumer durables a good career path in 2021? Now, you know why it is regarded as a good career path among millennials in the USA and also other countries. You can grow your career in this particular field and acquired the skills that can be useful in other sectors as well.

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4 Ways to Keep Your Top Talent at Work

Your employees, especially the best-performing ones, mean a great deal to your company. This means that losing them can significantly affect productivity and may eventually cost your company. Apparently, retaining the best employees simply translates to an increase in product sales and a bunch of satisfied and happy people working for you. In an ideal world, employees won’t find reasons to quit your company. However, that’s not always the case in reality. So just how are you going to entice your best employees to stay? You’ll be surprised at how many more things you can do, aside from increasing their pay, to retain top staff! 1. Recognize Employees’ Efforts: If you want to succeed in business, you’ll have to understand the value of recognizing others’ good work. When you appreciate and recognize a top employee’s efforts, this confirms their value and purpose in your organization. Eventually, this motivates them to increase their productivity and maintain or even improve their quality of work. Sometimes, a pat on the back can make a huge difference to a thriving employee. When you praise an employee for his or her efforts, be sure to thank that person by name and state specifically what is being recognized. Also, point out what value it adds to a project or the team in general. Employees become more engaged when their leaders celebrate their successes, whether individually or as a group, from time to time. 2. Avoid Forgotten Benefits: It’s easy for most employees to forget what benefits their organization offers—even the management can make the same mistake! To help your employees remember the benefits they are entitled to, make sure to provide your staff with a transparent view of these perks. Help them understand what these perks are about and how your employees can avail them. And don’t just deliver the information for both the first and last time. Remind them on these offers frequently, especially at key milestones in their career and personal life. For instance, sick employees may forget they are entitled to free medicine at the clinic or free use of medical equipment, such as a SpO2 pulse oximeter, thereby keeping their illness untreated and compromising their quality of work. Reminding them of their health benefits should go a long way in helping to retain your best employees. 3. Get on a Personal Level: Many employers often make the mistake of treating employees like mere employees. To get your best staff to stay in your organization, make an effort to get to know them on a personal level. While there are boundaries to this, building personal relationships often cultivates trust and rapport between employee and leader, improving one’s quality of work and increasing productivity in the long run. There’s so much you can do to get to know each member of your team better. Whether it is over video-conferencing equipment or a personal meeting at a nearby coffee shop, staff meetings would be a lot more fun and exciting when you can discuss other things aside from work, such as everyone’s favorite celebrities or their go-to weekend hobbies. 4. Get Them to Speak Their Mind: You know what they say—two heads are better than one. There is a reason why there are people working for you, and that’s so they can help your business achieve its goals and desired outcomes. Whether it be ideas for a certain project or reactions to how the company is being managed, your employees’ thoughts matter. Provide an accessible platform where they can share their ideas and then offer feedback. Doing so will not only encourage them to speak up but will also engage employees and give them a reason to stay in your company longer. While we can’t force an employee to work for your company for the long haul, the least you can do is to make an effort to listen to your employees and to encourage them to be their best selves each day. Read Also: Is Your Company Offering Enough To Potential Employees? 7 Ways To Boost Employee Productivity And Create A Positive Culture Victor Mitchell, Serial Entrepreneur On How To Retain Your Top Employees While Growing Your Business

8 Useful Tips for Personal Career Development

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The significance of face-to-face networking for freelancers

Face-to-face networking is one of the most important communication tools that we have in the modern world. The fact that digital communication is taking over all the aspects of human life does not imply that offline communication has completely lost its place in the modern world. As a freelancer, you can develop a brand and find new clients with the help of networking. The best way to do this is by going into the offline world of live meetings with people. This article puts forward the importance of face-to-face networking for freelancers. Intro for a self-presentation : You have a limited amount of time to provide the right impression on people. You will show your confidence, mood, and expertise through face-to-face communication. What you need is a confident handshake, a smile, and eye contact. It’s good to prepare a presentation that will last from 15 to 30 seconds. Your goal is to attract the listener’s attention to your personality and your project. The most important thing is to make sure that the presentation is precise. Active listening : It’s absolutely ok if you have some selfish expectations for networking. However, you should realize that you should give people something valuable if you want to get something from them. One of such things is active listening. You will demonstrate that you really care about what someone else is saying to you. Active listening comprises your facial expression, your body position and asking questions. You need to make good use of active listening if you want to take face-to-face networking for freelancers to the next level. A good portfolio : Just take it with you to give to other people. If your design site, just prints the best variants. If you ask people to go to a website where they can see your portfolio, they will probably forget about you the next day. It’s easy to do and you will have a much greater effect than just giving your business cards to everyone. Make sure you make a rich portfolio that will showcase your abilities. The portfolio is important because it communicates your capabilities to your target audience. A good follow-up : One single meeting won’t give you the result that you aim at. You cannot build a long-lasting relationship at once. One of the easiest ways to keep in touch is sending an email within 24 to 26 hours after the meeting. You can write what you liked and write something that relates to the words you have heard from this very person. Follow-up plays a critical role when it comes to networking for freelancers. It’s the only way to make sure that efforts bear the right fruits. Get the most from networking : If you see that there’s a chance to attract a new client or an important person for you, don’t lose it. You cannot predict the result of a new connection, so do your best to get the most from each. You can get exhausted from so many new connections, but we think that it’s worth trying. So, organize a meeting, do the follow-up and keep in touch to reach the goals that you have. In summary, face to face networking is highly significant for freelancers. The most important thing is to put in the right strategies that will bear the expected results. Read More : Five Reasons Why Freelancers Should Use A Coworking Space Role of supply chain management in business

Is Consumer Durables a Good Career Path In 2021?

Consumer Durables – What You Need To Know?

Is Consumer Durables A Good Career Path In 2021?