Job Losses Predicted as Online Retailing Keeps on Growing

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Job losses are increasing in the retail sector. It is feared that the retail sector in the UK will shed thousands of jobs as retailers move from “Bricks” to “Clicks”.

The retail sector as job creator is now facing job losses

Traditionally the retail sector in every free country was the bastion of creating jobs. Consequently numerous young people got their first job in a retail shop, earning their first salary. Many also took their first steps in a lifelong career in retailing.

PCR reported that Bricks and Mortar retailers employ 2.6 times more employees per £ 1 million sales than online retailers. Bricks and Mortar retailers employ five times more than Bricks and Clicks retailers and 13 times more than only online retailers.

With the advent of Bricks and Clicks retailers, it seems it is all changing now…

Bricks and Clicks retailers need fewer employees

The UK retail sector is estimated to loose between 79 000 and 580 000 jobs by 2018. This is because of the current growth in online retailing says Target Business Advisory Services,. Target suggest that if online retailers and Bricks and Clicks retailers return to be Bricks and Mortar retailers, between 114,000 and 837,000 net additional jobs will be created.

Is the growth in online retailing really affecting job-seekers badly?

Being your own boss – the online retail entrepreneur

There are a lot of opportunities for job-seekers to enter online retailing as business owners. An eCommerce website is nowadays getting more affordable, and with a sharp eye to spot a need in an online market, your online shop may soon be the talk of the month on the virtual social networks.

Concluding

As people are changing the way they shop, so do the type of employee that retailers are looking for. According to Caroline Zaayer Kaufman (Monster Worldwinde Inc (US), Customer service is still the No. 1 skill needed in retail. Customers want great service no matter how they’re shopping, and they don’t want to wait for it.

So, if you’re good with customers, your job should be safe in the retail sector. Good luck!

A well researched and written Business Plan helps to get your business started the right way.

Read more: Success in the Digital Age Requires Extraordinary Retail Leaders

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Douw G Steyn

Douw G Steyn

Management consultant, blog writer, dreamer

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