Indicative Content |
Current Off-trade Issues
Introduction to the Off-trade Retail market. Operational framework of the Off-trade industry. Impact of the Off-trade Retailing sector on the Irish Economy. Relevent Legislation and its impact on the Industry. Changing Societal and Consumer trends and its impact on the off trade.
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Industry Classification
Off-trade Ownership and Retailer Classifications. Industry formats. Store Based Classifications: Independents, Chain Stores and Franchising. Wholesalers. Supplier chain management.
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Merchandising
Merchandising concepts. Industry Standards and Industry Best Practise. Merchandising Philosophy. Ranging policy. The Pareto rule. Creation and Implementation of Planograms. Stock and Sales Monitoring. Devising, Scheduling and Implementing Merchandise Plans. Developments of new and niche brands. Growth in market shares of these brands. Brand developments. Speciality products. Utilisation of Supplier Representatives to maximise Point of Purchase promotion, merchandising and opportunities.
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Promotion
The Design and Implementation of Promotional Plans based around key Calendar Events. Maximising Sales Opportunities based on these Events. Unique In-store promotions tailored to local requirements. Personal Selling Techniques. Communication of Promotional Offering.
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Sales and Revenue Optimisation
Financial and Operational Management. Profit Planning: Sales Mix. Management of Budgets. Human Resource Allocation. Store format and size Space Allocation: Hot Spots. Inventory Control and Management. Security Issues to prevent Stock Loss.
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The University reserves the right to alter the nature and timings of assessment
Module Resources
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Recommended Book Resources |
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Goworek, H. and McGoldrick, P.. (2015), Retail Marketing Management: Principles and Practice, Pearson, [ISBN: 978-027375874].
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Murphy, J.. (2015), Responsible Sales, Service and Marketing of Alcohol: For the Tourism, Hospitality and Retail Industries, 1. Goodfellow Publishers Limited, Ireland, [ISBN: 1910158186].
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Richard Hammond,. (2011), Smart Retail, [ISBN: 978-0273712770].
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Supplementary Book Resources |
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Paul Brittain, Roger Cox. (2004), Retailing: An Introduction, [ISBN: 978-0273678199].
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Supplementary Article/Paper Resources |
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Mintel International Group. (2003), Off-Licences: Retail Intelligence.
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Other Resources |
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Website, National Off-license Association,
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Website, Shelf Life,
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