From snail-mail distance courses to digitalised training, the learning environment has come a long way and has reached its optimum, i.e., eLearning. Today, eLearning is one of the booming industries, and according to analytics, this industry is estimated to experience 10% growth by 2020, globally.
With that said, eLearning is taking every sector by storm, including the retail industry. As one of the biggest industries in the world, the retail market faces a considerable amount of challenges to keep pace with emerging technology and meet evolving customer demands.
With the rise of eCommerce, the retail sector is enduring the challenge of dealing with the ever-changing face of shopping. Additionally, technology brings new challenges, such as data protection, contactless payment, and identity fraud. Also, with the introduction of new rules & regulations, training programmes must be flexible and adaptable to reflect novel responsibilities.
Hence in the industry where reduced cost & time are paramount, online courses proffer a premium platform to deliver the training requirements.
LMS factors contributing to the success of the retail sector
As per a report, the retail sector is expected to grow at 3 to 4% by 2021. To stand firm in the market despite the fierce competition, businesses must have staff-customer interactions, quality goods, and provide in-store experience & exceptional services. And the functional way of accomplishing this is via training the workforce using LMS.
Benefits of LMS solutions
Industry trends, customer preferences change in the blink of an eye. Hence it is crucial for you to train your employees consistently, continuously and overcome the fierce competition in the market. Embrace LMS, revolutionise the buying habits and make the retail experience a big-win.
Mike Cornell and Emma Jones are behind the success of Elearning Blog, a blog solely focused on providing free resources and tips for e-learning.