It is therefore clear that many large retail companies are closing their physical locations. I’m sure many of us have worked in retail at some point in our lives.
We are coming to a time when soon enough, there will not be many local retail jobs hiring. I will explain why this is happening.
Many would think that retail is a category of business that would never go away. I assure you that the retail itself will not be going anywhere anytime soon. However, the physical aspect of it, is on its way to the door.
This means that many physical places will continue to close, and many jobs will be lost.
Detail at a glance
retail is defined as ‘the process of selling consumer goods or services to customers through multiple distribution channels to earn a profit’.
Retail has been around for a long time. The main examples of retail stores would be Macy’s, JC Penny, Nordstrom, as well as grocery stores and supermarkets.
The U.S. economy has been growing in recent years. Many jobs are hiring much more than they did a few years ago.
As we can see, transportation and storage have increased significantly. Health care, total non-farm wages and manufacturing were also seen as an increase in employment growth.
We have come a long way and things are looking up for many job categories, but what about retail?
It will become difficult to find local retail jobs hire
Before we look at why retail trade is not growing in employment, let’s look at some of the numbers.
Since January 2017, retail trade has lost more than 140,000 jobs; The sector added to those losses in March 2019 with a loss of more than 11,000, according to Labor Department data.
Some large companies, such as Gap, Victoria’s Secret, J.C. Penney, Tesla and Abercrombie – Fitch have all announced that they will close sites in 2019. 4,810 store closures were announced by retailers in March 2019.
Even Sears, another large company, went bankrupt and saw a massive drop in the number of employees.
We have to ask ourselves what’s really going on here?
Are e-commerce and technology the reason?
Many experts seem to believe that, and that would make sense. As far as technology goes, we can look at the auto crates that are available in many of our stores.
Walmart has announced that it will expand its “scan and go” section to more than 100 locations in the United States, and it’s not the only company that does. This would not have been contrary to the purpose of having a cashier.
While this technology would result in a great deal of job losses across the country, it is not the main reason for the lack of employment growth in the retail sector.
We have to accept that e-commerce is on the rise and growing at an extremely rapid rate.
It becomes the standard that people prefer to shop online and have the product they wish to buy delivered right at their doorstep than leave the house and head out on a physical site for the same product.
It is much more convenient this way, and many times even cheaper, making online shopping even more attractive.
This would also explain the increase in growth in the transport and warehouse sector. If the products are shipped directly to consumers’ homes, it means that they come directly from the companies’ warehouses.
This would not have the purpose of having a store in general, and would have a considerable impact on the amount of business that physical locations get.
As a result, many brick and mortar sites close and fail, ultimately resulting in lower employment growth in the retail sector.
E-commerce offers an opportunity
However, it can also lead us to an opportunity. Just because many physical places close doesn’t mean you can’t work in the retail business yet. A better way to make money may have come along for us.
More and more people are spending money online. There are many companies that offer affiliate programs for those who want to help them promote their products online. This is called affiliate marketing, and is a great opportunity.
The way it works is, you choose a company and one of their products to promote online. Once you promote this item and someone buys it, you get some of the money spent on that item. This is called a commission.
The sky is the limit for those who are learning to join the online market. You don’t just have to promote a business, you can actually promote as much as you all want at the same time.
Consumers spent just over $513 billion on online retail last year, and that number continues to grow each year. Don’t you want your share of that pie? There is more than enough money for everyone.
You can find out more about it on my latest Internet/Online Marketing Trends Page here.
Learn how to start affiliate marketing
The idea of all this may seem a little complicated. In order to succeed in affiliate marketing and promote these corporate products for commission, there are a few things you would need.
You would first need to build a website, and with this site you would need a domain name (the name of your site) and hosting (your place on the Internet).
Then you would need to learn how to promote these products in order to get traffic (customers) on your site to make purchases.
This can be a lot to take, and you might wonder how can you do/learn all of this.
This would be quite a task for one who is all alone without any affiliate marketing experience.
Fortunately for you, I can offer you all these things, all in one place, and all for free.
I will introduce you to an online platform that is dedicated to teaching affiliate marketing.
They offer step-by-step training on how to start, and they guide you through the process.
They offer a website builder tool that will allow you to create a free website in seconds.
They offer high-end domain names and hosting for your site as well. There is 24’7 live support. Someone is always available and wiling to help in case you had a question or stuck.
The most important quality you need for affiliate marketing is a good education on how it works and how you can do it. After that, it’s a rinse and repeat process to earn as much money as you like.
I want you to take a look at my rich affiliate review here for more details on this platform I present you at.
It is free to start your business online, you will not be asked for a credit card or personal information. Try it and start your journey to financial freedom.
Everything is there for you to succeed, all you need to do is act.
I’m always here to help, please feel free to leave all the questions or comments below,
To your success,