MATHS & DATA+RETAIL
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ur maths and data smarts? yo s xe fle t tha e rol EM ST a sale Shopping for loads of future-focused jobs for are re the d an – n tio olu rev h Retail is undergoing a tec
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g to mission one are the days of havin 22, one it to a real-life store. In 20 ng isi cru minute you could be ing on ck cli u’re Facebook and the next yo AI an by served an algorithm-driven ad atbot. (artificial intelligence) ch r-fast? Thanks to pe su m Ever need an ite of next-gen retail the maths and data skills could have it staff, a driverless drone delivered within hours. r jobs is always “The tech we use to do ou t capabilities and changing – like paymen says JB Hi-Fi area supply chain processes,” manager Majid Dubloo.
START YOUR CAREE R HER maths E +
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Ma s t e r o f Da t a Scienc Bachelo e, Univ r of A r t ersity o ificial In Gradua f Adela telligen ide te C e r t ce, Dea ificate k in in Univers Charles Business D ity Sturt U a niversit ta Analy tics , y
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maths +reta Blockc il job hain de velope s C y b er s r : $ 8 5K– e cu
$135K rity ana lyst: $5 Digital 3K–$11 s tr a t e g 4K *Sourc ist: $50 e: salari K–$147 es acco K* rding to paysca le.com
He’s seen the digital revolution firsthand – and the career opportunities that have come with it. “For us, the maths is about data and customer insights,” Majid says. With 900,000+ new retail gigs requiring data management and interpretation skills, there’s more wanted ads for skills and a talent for maths than ever before. – Cassie Steel
buy it
Take stock
These numbers-based eComme rce processes have changed big-tim e...
** BLOCKCHAIN INCOME FROM SALARYEXPLORER.COM AUSTRALIAN SITE . SHUTTERSTOCK
r old-school There’s a place foo. Here are maths in retail tocomm only used some of the most and online: formulas instore
Break-Even ($s)Margin Percentage = Fixed Costs ÷ Gros a company has Used to determine whether a sale made their money back from
Gross Marginof Goods = Total Sales - Cost
between To simply find the difference it sells for what an item costs and what
Margin %
tail Price = (Retail Price - Cost) ÷ Re ess earns busin The amount of gross profit a when an item is sold
CAREERSwithSTEM.com
24
Ages ago
2022
Layby
AfterPay
Cash
Digital wallets and mobile payments
Customer surveys
Complex data analysis
TV advertisements
Targeted, algorithm-driven FB ads
Instore purchases
Drone-led deliveries
IRL security
Sophisticated cyber security structures
