Retail and sales industry jobs in Europe is one of the highest job providing and revenue generating market providing millions of jobs and sales to the companies and factories.
Retail market jobs statistics
The retail job market in Europe is one of the biggest job provider industries.
According to the statistics, the European retail industry is providing 10 million jobs at the moment with five million enterprises.
This is a huge number and shows the significance of the retail market in the European economy.
Market cap and business development
The retail market in Europe generates a business of 7.8 trillion euros annually and is growing with a total 15% of the total sales market.
With the E Commerce websites and online stores, the sales and retail market has grown exponentially and experienced the growth of 15%, which is expected to reach the 30% at the end of 2024.
Demand for retail workers in different European countries
Key figures and statistics
According to the studies and statistics, every one out of five workers is directly or indirectly connected to the retail market in Europe. The global retail market cap has reached 25 trillion dollars, and only Europe alone generates 7.8 trillion businesses and revenues. The digitization and online shopping stores have made this market 5 times bigger in the last decade.
20% of the companies have complained that they are facing difficulties to find the skilled and professional salesperson.
This survey shows the seriousness of this problem and different European countries are working on their local rules and regulations and introducing new program for job seekers in retail market.
Average salaries in the sales sector
Average salaries in the sales sector or improving due to high demand.
As we mentioned above that Europe is facing a shortage of 500000 skilled salespersons and sales professionals.
Due to this High demand European companies are offering much better and competitive Salaries and to the salespersons and sales professionals.
According to different surveys and studies, the average salaries of sales persons and sales professionals in Europe are given below.
1: Junior sales representative:
Junior sales representative is a fresh and startup position for a person in the sales sector.
2: Senior sales representative:
Senior sales representative is an experienced and professional sales person, and on average, in Germany, a senior sales representative earns from 60000 to 70000 annually with incentives.
3: Sales manager:
A sales manager in Europe earns a much better salary package with experience and contacts in the market.
Assistant manager gets the average salary of 70000 to 90000 euros per year.
Regional Manager is responsible for the sales and marketing of a certain product in a larger area, and he gets a much better salary than Junior and senior sales executives.
The area manager or regional manager earns the annual salary of a hundred thousand to 120000 euros per year.
Remember that these salaries are estimated and vary on different reasons and factors like experience skills, academic qualifications, and area of working.
The reason for the high demand and shortage of salespeople
There are many key reasons for the shortage of salespeople, sales managers, and sales professionals in Germany. Sales person is a very highly skilled job and it needs a good communication with extraordinary negotiation skills. Also the product knowledge is very important, and market analysis plays a very important role in the skills and professionalism of a salesperson
European companies are facing huge difficulties to find such skillful sales persons in the local market. Difficult visa process and job interview or job letter proceedings are very complicated. And these Complex roles makes a lot of difficulties for local companies to hire the sales professionals from outside Europe however different countries are introducing new laws and regulations to make the visa proceedings smooth and easy for the candidates.
Europe’s top professional firms or educating and training the sales professionals on educational levels. According to the statistics, 40 per cent of the sales professionals are eligible for the sales person. Positions According to the demands and eligibility criteria.
Conclusion
The growing demand of salespersons in Europe is a huge opportunity for the Fresh graduates and Job Seekers in Europe. Now more Competitive and attractive salary packages and benefits European sales sector is more important and worthy of giving more interest and confidence to the new candidates.
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