Store owner (specialist shop), selling salary

Salary for Store Owners (Specialty Retail), Sales

As a store owner in specialty retail with sales-related tasks, it is important to understand the salary landscape. The average salary for a store owner (specialty retail), sales, is 36 800 kronor per month. This represents an increase from the previous years' average of 35 500 kronor, indicating a positive salary development within the profession.

However, there is a slight difference between genders when it comes to salaries. Men in the profession earn an average of 37 100 kronor, while women earn slightly less, with an average salary of 36 500 kronor. This means that women earn 99 percent of what their male counterparts do. Although the difference is relatively small, it is an aspect that may be of interest to those considering a career in this field.

Hourly Wage and Salary Range

For those working on an hourly basis, the average wage amounts to approximately 221 kronor per hour, based on 166 working hours per month. The salary range in the profession is also worth noting. The highest salary for a male store owner in specialty retail is 43200 kronor, while the highest salary for a female is 37700 kronor. On the other hand, the lowest salary for women is 34800 kronor and for men is 34900 kronor. These variations can be attributed to several factors, including educational level and experience.

Job Responsibilities for Store Owners (Specialty Retail), Sales

A store owner in specialty retail has a wide range of responsibilities. In addition to leading and motivating staff, it is important to optimize sales and ensure high customer satisfaction. The job responsibilities may vary depending on the store's size and focus, but typically include managing purchases, pricing, inventory, and marketing. A central aspect of the role is also to develop and implement strategies to increase the store's profitability. As a sales-oriented store owner, having a strong sense of customer service and building relationships with both customers and suppliers is crucial.

Education and Qualifications

To become a store owner in specialty retail, a combination of education and work experience is usually required. Many employers prefer candidates with post-secondary education in economics, commerce, or marketing. Practical experience in retail, especially in leadership roles, can also be very advantageous. Some companies offer internal training and mentorship to help new employees develop the necessary skills and knowledge.

Future Outlook and Challenges

The future outlook for store owners in specialty retail is relatively stable, although the industry faces several challenges. Increasing competition from e-commerce and changing consumer behaviors require stores to offer added value and unique experiences to attract customers. Digital skills and the ability to integrate online and offline sales are becoming increasingly important.

Working Conditions and Benefits

Working conditions for a store owner can vary depending on the company and the store's size. Many find the work dynamic and challenging, with the opportunity to directly impact store results. In terms of benefits, some employers may offer paid training, employee discounts, and some flexibility in working hours. However, working from home is rarely possible, as presence in the store is often necessary.

Summary

Store owners in specialty retail with sales-related tasks play a crucial role in driving and developing store operations. With an average monthly salary of 36 800 kronor and opportunities for career advancement, it is an attractive career choice for those interested in retail and customer service. Challenges exist, but with the right skills and attitude, there are good opportunities to succeed and grow in this profession.