Best Paying Jobs In Consumer Durables – Africa provides income for young people, creating opportunities for them to earn higher wages.
One lucrative sector is consumer durables. There are many job opportunities here for anyone looking to break into this industry.
We’ve discussed the best-paying jobs in consumer durables in this article.
Best Paying Jobs In Consumer Durables
1. Marketing Manager
One of the highest-paying jobs in the consumer durables industry is that of a marketing manager. They are responsible for performing a variety of tasks, including planning and executing marketing processes, managing marketing budgets, and analyzing ROI and campaign success.
A bachelor’s degree, excellent communication skills, and leadership skills are essential for marketing manager positions in the consumer durables industry.
2. Senior Executive
One of the highest-paying jobs in the consumer durables industry is senior executive. Although this position is lucrative, it requires experience and a lot of dedication.
As a senior executive, you are seen and accepted as a powerful or prominent figure in the company. Top managers don’t make decisions just for the organization’s growth and profitability. Practice too.
You must consider that being at the top of an organization is one of the most lucrative jobs with heavy goods, which is not a luxury. It comes with boring roles and responsibilities. Part of that is developing marketing, advertising, and product launch planning strategies. It is the responsibility of the senior executive to evaluate projects through new and existing customer feedback and relevant KPIs.
3. Product Manager
Product manager positions are another great job opportunity in the consumer durables industry. They must be able to design products, connect them to business strategy and understand consumer demand.
All these duties and responsibilities are to create the best product for the business. You must have at least a bachelor’s degree and good communication and problem-solving skills.
4. Strategy Consultant
If you’ve got what it takes, strategic consulting is another business opportunity you should get.
In most large organizations, a strategy consultant’s job is to review the company’s goals and business processes. Finally, provide suggestions on how to achieve the business goals.
In addition, your responsibilities also include cost reduction, revenue generation, key decisions, identifying profitable trends, etc. to provide business growth strategies.
5. Media Planner
So, are you looking for the highest-paying job in consumer durables? Also, have you thought about trying the media planner function? As a media planner, you determine the media you want to reach.
As a media planner, you identify the appropriate channels or platforms to promote your brand. They often use different mathematical formulas to collect demographic data.
6. Business Analysts
A business analyst is another high-paying consumer-facing job opportunity you might want to consider. Analysts often hold advanced degrees, such as a master’s or even a doctorate. so they can do permanent work like a pro. However, this is not a requirement.
People pursuing this career seek to analyze and uncover aspects of an organization’s business that need improvement through data analysis to power business processes.
A business analyst usually works with all members at all levels of the organization to discuss what they’ve discovered about their work.
Your level of expertise in managing office work and organizational situations determines whether you can contribute to improvements.
However, if you are confident that you can develop a financial model to improve your company’s options, goals, needs, and business plan, then do so.
At a minimum, business analysts at large organizations like LG, Apple, Microsoft, Haier, or Samsung earn an average of $77,218 per year.
With that, you’ll agree that job analysis is undoubtedly one of the highest-paying jobs in hardware.
7. Human Resource Manager
Leaving aside the role of HR managers, we cannot talk about the highest-paying jobs. As an HR manager, you are responsible for planning, organizing, and managing various administrative activities. You will assist the organization in recruiting, planning, negotiating, and consulting with senior management on strategy formulation and execution.
Conclusion
There are many well-paying jobs in the consumer durables industry. Level requirements for most of these roles start with a high school diploma or bachelor’s degree. You may also need various certifications related to the skills needed for this job.
Frequently Asked Question(s)
Is consumer durables a good career path?
Consumer durables is a high-demand employment sector with a variety of roles. From marketing assistants to finance managers, there are a multitude of professions suited to both entry-level and experienced individuals.
What companies are in consumer durables field?
The top consumer durables companies for brown and white goods are Apple, General Electric, Samsung, Hewlett Packard, Sony, LG Group, Panasonic, De’Longhi Appliances, Canon, Phillips, Bosch, Hitachi, Dell, Lenovo and Toshiba. Apple is the largest technology company by revenue, totaling $365.8 billion in 2021.
What is the future of consumer durables industry?
According to a report by CRISIL, the consumer durables sector in India will see the revenue grow 15-18% to Rs. 1 trillion this financial year supported by 10-13% increase in volumes. The industry has already crossed the pre-pandemic mark in value terms by FY22 and will scale past the mark by approximately 3%.
What is the demand for durables consumer goods?
Demand for durable goods is more volatile than the demand for non-durable goods. In economics durable goods are defined as those goods that go on yielding services to the consumers over a number of periods in future. Further, because of their durability they can be stored for longer periods of time.
What are the advantages of consumer durables goods?
It has a long life cycle, where the useful life is more than three years. It does not wear out, break down, or rot quickly. It is not wholly consumed once and provides optimal benefits for at least three years. And after that, the benefits may decrease, but the consumers can still use it.
What is FMCG durables?
FMCD stands for fast moving consumer durables. FMCGs are goods that are purchased frequently and have a short shelf life. FMCG products are usually consumed almost immediately by the consumer and, therefore, need to be replenished from time to time.
Who is the largest purchaser of consumer goods in the world?
The United States is the largest goods importer in the world. U.S. goods imports from the world totaled $3.2 trillion in 2022, up 14.6 percent ($413.7 billion) from 2021. China was the top supplier of goods to the United States, accounting for 16.5 percent of total goods imports.
What is the fastest growing consumer market in the world?
China’s
So whether measured in US$ terms or real growth, among major economies, China’s consumer market is the fastest growing in the world.
Which FMCG product is most profitable?
Milk, Butter, Curd, and other Dairy Products.
Products from Bakeries, such as Cakes and Cookies.
Prepared Meals.
Fresh Produce and Fruits.
Dry fruits such as Almonds and Cashews.
Frozen food Products.
What is the disadvantages of durable goods?
Critical components are made of low quality material. Repair is not possible due to the unavailability of spare parts. High repair costs make replacement the only viable option. The product fails after a pre-set number of uses.
Reference(s)
- atlanticride.com – 15 Best Paying Jobs in Consumer Durables 2023
- smartbusinessdaily.com – What Are The Best Paying Jobs In Consumer Durables?
- kamerpower.com – 18 Best Paying Jobs in Consumer durables & non-Durables 2023
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