Have you been contemplating if picking up a career in the consumer industry is a worthy decision, this article would give you a perfect answer to the question “Is Consumer Durables A Good Career Path in 2023″ and also benefits of working in the consumer industry.
Is Consumer Durables A Good Career Path in 2023?
Yes, consumer industry is a good career path to venture into, the world revolves around consumer goods so this industry is an ever green industry and a worthy career path.
The consumer industry offers many opportunities for growth and advancement to meet the demands of consumers of goods and products.
The industry have grown over the years to become a major source of employment for the growing population.
In our previous article we listed all the available jobs in the consumer durable industry you can click the link below to check out available jobs.
Read: All Available Jobs In The Consumer Durable Industry
Reasons Why Consumer Durables Is A Good Career Path in 2023
The major reason that have been the force that drives the progress of the consumer industry is the involvement of technology, to keep up with the latest trends, companies need employees who are tech enthusiasts, they provide regular trainings and workshops for there staffs to help advance there career.
So a major reason why the consumer industry is a good career path is the availability of employees to be trained with latest tech development which would be beneficial to them in the long run.
But why is Consumer durables considered a rewarding career? This article focuses on the benefits of working in Consumer durables and the skills you need to thrive In the industry.
Skills You Need To Be Successful In The Consumer Durable Industry
Over the past years there have been an upsurge of jobs in the consumer durables industry, a report by rickorford.com indicated that fewer than 3 million Americans would be employed in the consumer durable industry by June 2023 both as sales representative and managerial positions.
Therefore it is expected that with the upsurge of jobs in this industry, the competition to get a job here would be high therefore you would need special skills to have an edge over your competitors, we would be listing skills you need to excel in the consumer durable industry.
1. Study And Understand The Field
One of the first skill you need to excel in this industry us to understand the field you find yourself, understand the product been sold, this would help in improving your marketing skills to the consumers.
2. Gather Experience
Experience, is another great factor that helps in the consumer durable industry, some careers in this industry might require a degree but major jobs here requires you to have a skill or certification.
Also Read: How Many Jobs Are Available In Basic Industries
So having a skill and becoming more expereice is a great value in this industry, employers would value you if your experience in this industry is high,
The most obvious reason for this is that consumer durables are big-ticket items. When people make a significant purchase like this, they often want to work with someone they can trust. Someone who is experienced and available to help them if something goes wrong.
3. Be Competitive
The consumer industry is highly competitive. Companies are always looking for ways to improve their products and appeal to new customers, so it’s crucial to adapt and stay ahead of trends.
What Are The Benefits Of Working In Consumer Durables?
The foremost benefit of working in the consumer durable industry is high earnings.
Consumer durables are highly lucrative. When a product is constantly in demand then your pay would surely be on the rise.
You Grow Professionally
When employed, some Consumer durables companies help you develop additional skills– leadership skills and IT basics. This is to help their employees advance in their careers.
You Make A Difference
Whether designing a product or helping someone shop for the best product to meet their needs, you’re making their day a little bit easier. This is perhaps one of the apparent benefits of working in the Consumer durable industry.
How Much Money Will You Earn In Consumer Durables?
Below is a list of a few jobs in consumer durables, what they do, and how much they earn.
1.Product Manager
The work of a product manager is to oversee all aspects of designing, developing, and launching new products.
His daily activities could also include researching consumer trends, developing product features, working with engineers to design prototypes, and managing the production process.
You would need strong project management skills and knowledge about the product development process.
A Product Manager earns– $9,166 Monthly & $110,000 Annually
2.Sales Representative
Sales representatives are responsible for marketing and selling the companies products to retailers or final consumers.
This could involve working with store managers to create product displays, developing marketing materials, or giving presentations about products.
for you to be a successful sales rep you would need strong marketing skills and also good knowledge of the goods you are selling.
Sales Representatives earn– $6,009 Monthly & $72,115 Annually
3.Product Designer
A product designer is in charge of designing the product to meet the requirements and acceptance of the consumers.
Consumer durables should have product designs that are not only captivating but also cost-effective and provide good value.
Product Designers earn– $6,788 Monthly & $81,456 Annually
4.Marketing Manager
This is one of the most demanding jobs in the consumer durable industry.
The marketing manager is saddled with the job of management and estimation of budgets.
Not only that, you are to prepare an Ads contract and sales. You are there to promote the company and products.
Marketing Manager earns– $11,872 Monthly & $142,470 Annually
5.Business Analyst
Business analysts are the brain behind the consumer industry, they analyze the business side of life and come up with durables that would yield profit for the organization.
They use data analysis to assess and identify the industry’s business needs to strengthen and improve business operations. To do this effectively, they work with every field in the firm.
Business Analysts earn– $6,833 Monthly & $82,000 Annually
6.Account Manager
An account manager manages the customer accounts, including contracts, agreements, and negotiations.
He establishes, preserves, and solidifies lasting relationships with customers.
Account Manager earns– $6,991 Monthly & $83,900 Annually
Conclusion
I hope your question on “Is Consumer Durables A Good Career Path in 2023?” Have been answered perfectly by this article.
The consumer durable industry is a very lucrative industry to venture into, there are constant prospects and opportunities for advancement because so many new products are entering the market.
You just have to keep up with latest trends so you can be on top of your game.
working in the consumer durables industry can be an opportunity to advance your career it can also be the perfect job to earn more.
References
- Newbalancejobs– is consumer durable a good career path for graduates
- askwonder.com – top 10 challenges in u.s consumer industry
- Wiprodigital – key success for the consumer durable industry
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