Retail, Trade & Logistics

Retail Product Lifecycle Masterclass

Master the Essentials of Retail Product Lifecycle Management

Workload: 400 hours Topics: Product Lifecycle Management in Retail
Initial Registration โ€” 80 EUR This initial payment is credited toward tuition. Program-specific discounts may apply.
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Program overview

The Retail Product Lifecycle Masterclass focuses on equipping participants with the essential skills and knowledge required to effectively manage the lifecycle of retail products from inception to market exit. This course emphasizes a project-based and interactive approach, allowing participants to engage in real-world scenarios and apply theoretical concepts directly to practical challenges. By fostering collaboration and innovation, learners will emerge with a comprehensive understanding of product lifecycle management tailored specifically for the retail sector.
Participants will delve into various stages of the product lifecycle, including market research, product development, launch strategies, and end-of-life considerations. The course culminates in a final project where learners will develop a complete lifecycle management plan for a retail product, integrating insights gained throughout the program. Additionally, there is an opportunity for participants to publish their results in Cademix Magazine, enhancing their professional visibility and contributing to the field.
Understanding the Retail Product Lifecycle Stages
Conducting Market Research and Consumer Analysis
Developing Product Concepts and Prototypes
Strategic Pricing and Positioning in Retail
Launching Products: Marketing and Sales Strategies
Managing Inventory and Supply Chain Considerations
Monitoring Product Performance and Consumer Feedback
Implementing Product Modifications and Updates
Strategies for Product End-of-Life Management
Final Project: Creating a Comprehensive Product Lifecycle Plan

Learning goal

Equip participants with the skills to manage the entire lifecycle of retail products, enhancing their employability and expertise in the retail sector.

Target group

Graduates, job seekers, business professionals, and optionally researchers or consultants.

Prerequisites

A background in business, marketing, or related fields is recommended but not mandatory.

Format and certification

Teaching method: Project-based, interactive learning environment.

Certificate: Certificate of Attendance, Certificate of Expert issued by Cademix Institute of Technology.

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Cademix Institute of Technology e.U.Continuing Education ยท Professional Development ยท Austria