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Job Deliverables - Area Business Owner
Job Summary: -
The Area Business Owner (ABO) is responsible for managing retail operations across a
designated territory. The ABO will oversee store performance, ensure sales targets are
achieved, and drive business growth. This role involves leading and developing a team,
ensuring high standards of customer service, and implementing effective marketing
and promotional strategies to maximize sales and profitability. You will closely work
with the Line Managers and handle a team of Store Managers.
Key Responsibilities
Sales and Profitability:
o Develop and execute sales strategies to meet or exceed sales targets.
o Monitor store performance through regular analysis of sales data,
customer feedback, and market trends.
o Identify growth opportunities within the assigned area and implement
action plans to achieve sales objectives.
Team Management:
o Lead, mentor, and motivate a team of Store Managers and Sales
Associates to deliver exceptional customer service and achieve business
goals.
o Conduct regular performance reviews, set clear performance
expectations, and provide ongoing training and development
opportunities.
o Foster a positive and collaborative team environment, ensuring high
levels of employee engagement and retention.
Operational Excellence:
o Ensure all stores adhere to company policies, procedures, and standards,
including visual merchandising, inventory management, and store
maintenance.
o Conduct regular store visits to ensure compliance with operational
standards and identify areas for improvement.
o Implement and monitor inventory control measures to minimize shrinkage
and optimize stock levels.
Customer Experience:
o Maintain high standards of customer service across all stores, ensuring a
consistent and positive shopping experience.
o Address customer complaints and issues promptly, ensuring effective
resolution and customer satisfaction.
o Utilize customer feedback to identify areas for improvement and
implement necessary changes.
Marketing and Promotions:
o Collaborate with the marketing team to plan and execute promotional
campaigns and events.
o Monitor the effectiveness of marketing activities and promotions, making
adjustments as needed to maximize results.
o Ensure stores are aligned with brand guidelines and promotional strategies.
Market Analysis and Business Development:
o Stay informed about market trends, competitor activities, and consumer
behavior in the assigned area.
o Identify new business opportunities, including potential store locations,
partnerships, and expansion opportunities.
o Provide regular reports and updates to senior management on area
performance, challenges, and opportunities.
Financial Management:
o Manage the area's budget, ensuring efficient allocation of resources and
control of expenses.
o Analyze financial reports to track progress against sales targets and
profitability goals.
o Implement cost-saving initiatives without compromising on quality or
customer experience.
Qualifications:
Master's degree, Retail Management, or a related field. MBA preferable.
Proven experience in retail management, with at least 3 years in a supervisory
or managerial role.
Strong leadership skills with the ability to manage and motivate a diverse team.
Excellent communication, negotiation, and interpersonal skills.
Strong analytical and problem-solving abilities, with a focus on driving results.
Ability to work under pressure, handle multiple tasks, and meet tight deadlines.
Proficiency in MS Office (Word, Excel, PowerPoint) and retail management
software.
Key Competencies:
Leadership and Team Development
Sales and Business Acumen
Customer Focus
Operational Excellence
Strategic Thinking
Financial Management
Work Environment:
This position requires regular travel within the designated area to visit stores
and meet with store managers and team members.
Flexibility to work weekends, holidays, and extended hours as needed.
Find us in News:
1. Economic Times -https://economictimes.indiatimes.com/tech/funding/pharmacystartup-zeno-health-raises-25-million-led-by-sticinvestments/articleshow/108047170.cmsfrom=mdr
2. VC Circle - https://www.vccircle.com/lightboxbacked-zeno-health-pockets-series-ccheque-from-south-korean-pe-firm
3. Your Story -https://yourstory.com/2024/02/zeno-health-funding-news-series-cround-stic-investments-lightbox
Website - https://web.zeno.health/corporate/home
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Date Posted: 20/10/2024
Job ID: 97184729