Do you want to work in the consumer durables industry? But still determining how many jobs are available in this industry and their criteria. Wonder no more.
According to a recent survey, approximately 3 million people are employed in the durable consumer sector. The $2 trillion industry hires millions of workers and offers them well-paying jobs.
This article will discuss the consumer durables industry and offer available jobs. Hook to the article from start to end, and you will surely get a job of your choice. So, let’s get started!
What Are Consumer Goods?
Consumer goods are any products that are purchased for personal use or consumption. It includes everyday items like food, clothing, household items, and luxury items such as jewelry and artwork.
Consumer goods are also known as “final goods.” The goods are available to purchase from stores or online merchants. Consumer goods can range from low-cost necessities to high-end luxuries.
Consumer goods have become increasingly popular over time due to their convenience, affordability, and availability in many stores worldwide. As technology advances, new types of consumer goods have also emerged. They constitute a significant part of the global economy and continue to evolve with advancing technology. Examples of consumer goods include:
- Food
- Beverages
- Clothing
- Furniture
- Electronics
- Books
- Cars, etc.
Types of Consumer Goods
Consumer goods are products bought for consumption by the average consumer. They have been divided into different categories:
Durable Goods
Durable goods are items with a long life expectancy and require more expensive materials to manufacture. These products offer the consumer a long-term investment that can ultimately pay off.
They are constructed from quality materials that ensure they last for years and often have features that make them easier to maintain and clean over time. And are generally replaced in the event of damage or obsolescence.
Examples of durable consumer goods include:
- Automobiles
- Furniture
- Tools
- Sporting equipment
- Electronics
- Refrigerators
- Clothes
- Building materials like windows or doors.
- Air conditioners
- Furniture, etc.
Non-Durable Goods
Consumer non durables goods generally have a short lifespan and can often be used up within one or two uses. These products are used regularly and mainly consumed. The non-durable goods usually wear out or become obsolete quickly due to changing trends or technological advances.
The non-durable goods may be more attractive to consumers due to their lower price points. These products have distinct features that make them attractive from both a consumer and business perspective. Common examples of this type of good consumer include:
- Food
- Beverages
- Cigarettes
- Newspapers
- Magazines
- Soap
- Detergents
- Skincare
- Dairy Products
- Office supplies, etc.
Services
The services refer to activities or work provided by one person or organization to another in exchange for money or other compensation. Services can often be customized to meet the needs of the consumer and can range from basic to luxurious, depending on their budget and preferences.
Common examples of services include:
- Haircuts
- Taxi rides
- Laundry services
- Transportation services
- Doctor visits
- Home repair services, etc.
Intangible Goods
Intangible goods are those items that do not possess a physical form. They can be used or consumed but cannot be touched in the traditional sense. Though intangible goods have become increasingly popular due to the rise of technology, their presence is nothing new.
People had access to intangible goods like air travel and entertainment even before the modern age. Many products, such as insurance policies and warranties, would also fall under this category. Intangible goods have opened up an entirely new market for consumers who may need more traditional tangible items.
Examples of intangible goods include:
- Digital Music
- Streaming content
- Online services
- Insurance
- Software programs, etc.
What Are Consumer Durables?
Consumer durable industry have products that are intended for long-term use and typically last for three years or more. Examples of consumer durables include furniture, appliances, electronics, cars, jewelry, and clothing.
These items often require a significant investment by the consumer and provide ongoing utility over time. As such, they are considered essential parts of a household’s budgeting plan as they need replacing at some point in the future.
Consumer durables also help increase the quality of life for consumers; for example, having access to an efficient refrigerator or oven helps make meal preparation easier and contributes to a better quality of life overall.
Characteristics of Durable Goods
The durable goods have unique features which make them essential parts of every human’s life. It includes:
Warranties
Consumer durables often come with warranties and service guarantees that add to their longevity. They usually require maintenance during their use, including cleaning and repurposing parts that may break down over time. This product type also requires substantial investment from the buyer since most durables are expensive relative to other types of goods.
Durability
Consumer durables are designed to be reliable and withstand long-term use. Most have a lifespan of three years or more, with some products lasting up to many years. Durable goods also typically require minimal repairs throughout their life.
Functionality
Consumer durables are designed to provide specific functions and services that make them useful for long periods. Examples include washing machines, refrigerators, cars, and air conditioners, which all provide essential services over an extended period without needing frequent replacements or repairs.
Cost
Most consumer durables are expensive compared to other types of products due to their longer lifespans and greater functionality. It makes them costlier upfront but provides a more significant value over time since the products will not need to be replaced as often.
Availability
Consumer durables are generally easier to find than other types of items due to their popularity and widespread availability in stores and online. It makes them more accessible for consumers looking for specific things or features that make up these durable goods.
US Consumer Durables Industry
The consumer durables industry in the United States comprises businesses that produce products designed to be used over a long period. These products are typically characterized as durable goods due to their ability to withstand years of wear and tear and remain functional.
Here is an analysis of some of the durable consumer industries in the U.S.:
| Company | Ticker | Price | Change | % Change | Market Cap. |
| Alternative Energy Development Corp | ADEC | 61.61 | -5.21 | -7.80% | $6.7K |
| LKQ Corp | LKQ | 53.24 | +0.59 | +1.12% | $14.2B |
| Dorman Products Inc | DORM | 86.51 | +0.64 | +0.75% | $2.7B |
| California Grapes International Inc | CAGR | 0.0001 | 0.00 | 0.00% | $156.2K |
| American Power Group Corp | APGI | 0.0185 | +0.0005 | +2.78% | $15.0M |
Integral Parts of Durable Industry
The durable sector makes up a large portion of the country’s economy and employs millions of workers across various industries, such as manufacturing, retailing, service, marketing, and finance.
Manufacturing
The US consumer durables industry primarily comprises manufacturers who produce durable goods for consumer use. Most of these manufacturers are US-based, with a few exceptions.
These companies design and develop the products for sale and then produce them in manufacturing facilities around the country. Producing durable goods includes obtaining raw materials, assembling the components, and testing and packaging the item for sale.
Retailing
The US consumer durables industry is also made up of many retailers who purchase these products from manufacturers and then resell them to consumers. It involves stocking shelves with various items, setting prices on each item, and providing customers with information about different brands or models.
It also requires marketing promotions to attract buyers to their store and provide customer service after making a purchase. Retailers can be found in physical stores or online through ecommerce websites.
Service
The US consumer durables industry also provides services related to durable goods. It includes installing, maintaining, and repairing these items after consumers have purchased them. Many businesses specialize in providing these types of services, such as auto mechanics or appliance technicians, which are necessary for keeping these products functioning correctly for years.
Marketing
While manufacturers and retailers may produce and sell durable goods; marketing is a crucial part of the process. Companies must advertise their products to attract buyers and create demand for them. It involves creating campaigns that target potential customers through various mediums such as television, radio, print media, or online platforms. It also includes promotions like discounts or special offers that encourage people to purchase durable goods from particular companies.
Finance
The finance sector is another critical part of the US consumer durables industry. It includes banks, credit unions, and other financial institutions providing loans to consumers who want to purchase durable goods.
They also manage investments in companies that produce these items and provide capital for expansion. With financing, many businesses would be able to create or sell these products, as it can be challenging to obtain the necessary funds from investors or other sources of capital.
Durable vs. Non-Durable Goods
Regarding goods, there are two main categories – durable and non-durable goods. Understanding the differences between durable and non-durable goods is vital for businesses when considering inventory and supply chain management strategies.
Durable Goods
Durable goods have a long lifespan, even with frequent use or wear and tear. It includes furniture, appliances, electronics, automobiles, and other types of machinery. Durable goods are often sold with a warranty or guarantee to ensure the product’s long life. These items require active maintenance over time to maintain quality and increase longevity.
Pros of Durable Goods
- Durable goods often require an upfront cost that can be initially high. The consumers will get more use out of them for a more extended period before needing to replace them, making the initial investment worth it in the long run.
- These goods are usually made of higher quality materials than their non-durable counterparts, making them more reliable and able to withstand the test of time.
- The durable goods come in a wide range of styles, sizes, and colors, giving consumers plenty of options when shopping for items they need or want. Everything from cars to appliances is available for everyone’s budget and taste.
Cons of Durable Goods
- The durable goods often require an upfront cost that can be high compared to non-durable products. It might not be feasible for some people to purchase, especially if they are on a tight budget.
- The products may require more maintenance to continue functioning correctly over an extended period. It can require additional costs and effort from the consumer to keep up with regular maintenance needs, such as oil changes or software patches.
- If something goes wrong with the product, it might be hard to find replacement parts since they have a long life expectancy. It could lead to unnecessary repairs that can be costly and time-consuming.
Non-Durable Goods
Non-durable goods have a shorter lifespan than durable goods. It includes food, beverages, paper products, and other consumables. Due to their use or consumption, these goods have a limited life span and are purchased frequently by customers. Non-durable goods may require some maintenance but typically do not need the same attention as durable goods to maintain quality and longevity.
Pros of Non-Durable Goods
- Non-durable goods generally cost less than durable items because they are made with cheaper materials and tend to be mass-produced. It makes them more affordable for individuals and businesses alike
- These goods are widely available in stores or online retailers as well as from manufacturers directly. It makes obtaining the items you need easy without having to wait or travel.
- Non-durable goods are typically designed to be disposable, meaning fewer materials are used in production and fewer resources are wasted. It makes them more environmentally friendly than durable goods.
Cons of Non-Durable Goods
- Due to their lower cost and mass production methods, non-durable goods tend to have a lower quality than durable items. It can lead to frustration when the item doesn’t perform as expected or breaks easily.
- These types of goods have a shorter life span than durable goods, which means that you will need to replace them more often. It can get expensive if you’re not careful about how much you spend.
- Non-durable goods are usually designed to be disposable, which can lead to a lot of unnecessary waste being recycled or reused correctly. It can harm the environment over time.
Top Companies in the Consumer Durables Field
The consumer durables jobs is home to some of the world’s most successful and well-known companies. These companies have revolutionized their respective industries, creating products sought after by consumers around the globe. Let’s explore some of the biggest industries in the non-durable sectors:
Samsung
Samsung is one of the top companies in the consumer durables field. The South Korean multinational conglomerate has many products, including appliances, home electronics, smartphones, tablets, computers, and more.
Samsung started its journey in 1969 and now has been at the forefront of innovation in the field, consistently releasing products with cutting-edge features and designs. Samsung also offers its customers a wide range of services, such as warranties and customer support.
Samsung is also known for its commitment to environmental sustainability. The company works closely with suppliers, producers, retailers, and consumers to reduce their environmental impact wherever possible. Using renewable energy sources, improved product designs, and new technologies, Samsung is committed to creating a greener future for all.
Benefits of Working in Samsung
Rewarding career opportunities in Samsung offers:
- Competitive salaries.
- Offers rewards to employees who contribute to the company’s success, offering bonuses and promotions.
- Paid vacations.
- Health, dental and vision plans.
- Remote working hours.
Check Out What It’s Like Working at Samsung:
Panasonic
It is one of the leading companies in the consumer durables field. Founded in 1918, it has grown to become a household name worldwide. With offices in more than 31 countries, Panasonic has developed a wide range of products that have been helping people enjoy life since its inception.
Panasonic has something for everyone, ranging from high-end TVs to cameras and camcorders to home appliances. With a focus on quality and customer service, Panasonic has become one of the most trusted names in consumer durables.
Panasonic is changing the way people live with its products, from developing new products to extending existing ones. With a global reach and a dedication to customer satisfaction, it is no surprise that Panasonic continues to be one of the leading companies in the consumer durables field.
Benefits of Working in Panasonic
Panasonic offers its employees a wide range of benefits. These include:
- Good salary packages.
- Health and life insurance plans.
- Vacation packages.
- Development opportunities.
- Learning resources.
- Flexible work arrangements.
- Rewards and discounts.
Sony
Sony is one of the most recognizable names in the consumer durables field. It was founded in 1946; it has grown to become a global leader in providing quality electronics and appliances. With offices in over 70 countries worldwide, Sony has become a household name for generations.
From audio equipment to gaming consoles, Sony has built a culture of innovation around the products it brings to market. Customers can count on Sony for high-quality performance and long-lasting durability. With a wide range of products for every budget, Sony has something for everyone.
From music lovers to gamers, Sony is a leader in the consumer durables field. Whether you’re looking for a new laptop, smartphone, or home entertainment system, it has what you need. With years of experience and a solid commitment to quality, Sony is the top choice for consumer durables.
Benefits of Working in Sony
There are some advantages which a person can enjoy by being a part of this company:
- Offers competitive pay and benefits
- Comprehensive career options
- Flexible work hours
- Opportunities for professional development and growth
- Access to a diverse and inclusive work culture
- Supportive environment for collaboration and teamwork.
- Generous vacation time and other perks.
- Encouragement of work-life balance.
Toshiba
Toshiba is one of the top companies in the consumer durables field, founded in 1875. With offices in more than 80 countries worldwide and a wide range of products, Toshiba is one of the leading players in the consumer durables market.
The company produces a variety of electronics, from televisions and laptops to more specialized electronics. With its long history, Toshiba is one of the most trusted names in consumer durables, and its products are available in almost every home and business.
Toshiba has a solid commitment to innovation, constantly striving to provide the best possible outcome for its customers. With a long history and a commitment to innovation, Toshiba is one of the top companies in the consumer durables field.
Benefits of Working in Toshiba
The pros of working at Toshiba are:
- Competitive salaries and bonuses.
- Medical, dental and vision plans.
- Training and development opportunities.
- Career advancement options.
- Onsite health and wellness programs.
- Generous vacation, holiday, and sick leave allowances.
Apple Consumer
Apple Consumer is one of the top companies in the consumer durables field. It was founded in 1976, and its offices are in more than 500 countries. They have a wide selection of products ranging from smartphones, laptops, and tablets.
Their products are reliable, durable, and cutting-edge technology. They strongly focus on customer satisfaction and strive to offer exceptional customer service. Apple also works with app developers to create custom apps that work seamlessly with their products, giving customers even more options.
Apple is constantly innovating and introducing new products and features to ensure its customers have the best experience possible. Apple is committed to reducing its environmental impact and participates in initiatives promoting renewable energy and recycling.
Benefits of Working in Apple Consumer
Apple provides advantages like:
- Opportunity to work in an innovative and creative environment.
- Chance to contribute to meaningful projects with global impact.
- Supportive and diverse work culture.
- Excellent compensation and benefits packages.
- Opportunities for career growth and advancement.
- Ability to collaborate with world-class professionals from various disciplines.
- Flexible working hours and family-friendly workplace policies.
- Generous employee discounts on Apple products.
- Medical support.
Microsoft
Microsoft is a leader in consumer durables, offering products such asXbox consoles and computers. It was founded in 1975 and had a global presence across 600 countries. The company provides hardware that includes powerful gaming consoles, laptops, and tablets.
Microsoft also provides gaming, productivity, communications, entertainment, and more software solutions. Microsoft’s extensive research and development budget has made it a leader in technological innovation, with new products and services introduced yearly.
Its commitment to creating powerful and easy-to-use products for consumers has made it a top player in consumer durables. Microsoft is also known for its commitment to sustainability, providing products made to last and designed with the environment in mind. The company offers generous warranties, ensuring they are built to last.
Benefits of Working in Microsoft
The benefits are:
- Develop skills in a globally recognized and established company.
- Receive competitive compensation with benefits such as health insurance, 401k, and employee discounts.
- Access to the latest technology and tools for professional growth.
- Be part of a rich culture celebrating diversity, inclusion, and collaboration.
- Work in a positive and stimulating environment that encourages innovation.
- Develop relationships with industry-leading experts.
- Benefit from flexible working arrangements and remote working options.
- Enjoy onsite amenities, employee events, and career growth opportunities.
Sony Ericsson
Sony Ericsson is a leading global supplier of consumer durables and electronics. Founded in 2001, Sony Ericsson produces a wide range of products, including mobile phones, tablets, and gaming consoles. They have offices located in more than 180 countries.
Sony Ericsson’s innovative products have won numerous awards and industry acclaim, as well as earned the loyalty of millions of customers worldwide. Sony Ericsson is renowned for its commitment to quality, customer service, and cutting-edge technology. The company’s mission is to provide customers with the best products and services in the consumer durables field.
Benefits of Working in Sony Ericsson
Employees can enjoy benefits like:
- Opportunities to work with cutting-edge technology.
- Competitive salaries and benefits.
- Training and development opportunities.
- Flexible work arrangements.
- Global career opportunities.
- Friendly and collaborative working environment.
- A culture that values innovation, creativity, and diversity.
- A commitment to corporate social responsibility.
- Exciting and rewarding projects with global impact.
Nokia Corporation
Nokia Corporation is a multinational telecommunications and consumer electronics company founded in 1865 in Finland. With a long history of innovation, Nokia is one of the world’s leading manufacturers of mobile phones and other consumer electronics and provides a wide range of communication services.
Nokia is renowned for its quality products and customer experience. It has many popular consumer durables, including smartphones, tablets, television sets, multimedia players, and more. Their products are known for their long-lasting, reliable performance and attractive design.
The company’s mission is to connect people and the world around them. It is committed to creating accessible, innovative, and sustainable products that make it easier for people to stay connected and live better lives.
Benefits of Working in Nokia Corporation
The employees can enjoy benefits like:
- Remote working hours.
- Health insurance.
- Life Insurance.
- Training programs.
- Stock purchasing opportunities.
- Paid holidays.
Lenovo Group
Lenovo Group is one of the top companies in the consumer durables field. Founded in 1984, Lenovo has grown to become a global leader in personal computers and mobile devices. It produces popular laptops, tablets, desktops, and servers. The company also offers products ranging from smartphones to smart TVs.
In addition to its hardware offerings, Lenovo also provides software and services. Its suite of software solutions includes virtualization, storage, and security solutions. It offers cloud computing solutions as well as enterprise mobility solutions.
Lenovo has a strong presence in the global market, with offices in more than 60 countries. The company is continuously innovating to stay ahead of the competition. Its investments in new technologies have helped it develop cutting-edge products that are reliable and efficient. The company is well-positioned to remain a leader in the consumer durables market for many years.
Benefits of Working In Lenovo Company
Working at Lenovo offers a wide range of benefits like:
- Competitive salaries
- Flexible working hours
- Generous vacation policies
- Comprehensive health insurance packages, and many other benefits.
Best Paying Jobs In Consumer Durables
Consumer durables are an excellent option for many because they offer high salaries and great benefits. With the ongoing demand for consumer durables, it is no surprise that there are many rewarding careers in this sector.
From engineering jobs to sales roles, those interested in consumer durables can find various options that offer high remuneration and other benefits. Let’s discuss some rewarding careers in this industry:
Sales Manager
Sales Managers in the consumer durables industry are responsible for leading, developing, and managing sales teams. They create plans to maximize profits, build relationships with customers, develop strategies to capture new markets, and ensure customer satisfaction.
Education Requirement
To become a successful sales manager in the consumer durables industry, candidates must possess a bachelor’s degree in business, marketing, sales, or a related field. Additionally, they may gain an advantage if they have some experience in the consumer durables industry.
Skills
Sales managers in consumer durables need to have several critical skills. These include:
- Planning and organizing abilities
- Excellent problem-solving skills.
- Negotiation skills
- Knowledge of products, services, pricing, and promotions
- Understanding of customer needs
- Familiarity with sales processes and techniques
- Ability to build and motivate a team
- Excellent communication skills
- Leadership qualities
- Computer literacy
Responsibility
The primary responsibility of a Sales Manager is to lead their team in driving sales results that meet targets and achieve growth objectives. This entails setting individual goals for each member of the team, developing strategies to ensure these are met, and finding new ways to increase sales.
They often act as mentors and provide guidance in order to create a productive, successful team atmosphere. Sales Managers also develop relationships with customers in order to build brand loyalty, manage accounts, and answer customer queries. Additionally, they are responsible for staying up-to-date with industry trends and managing budgets within their department.
Salary
Salaries for sales managers in the consumer durables industry vary by company and location but typically range from $68,278 per year. Additionally, bonus packages and other incentives may be offered based on performance.
Overall, sales managers in the consumer durables industry have the potential to make a great living while also making a significant impact on their organization’s success. With hard work and dedication, they can achieve personal and professional success.
Marketing Manager
Marketing Managers oversee and direct marketing initiatives in the consumer durables industry. They plan and naturally coordinate the development of products or services to meet customer needs. To become a Marketing Manager in the consumer durables industry, specific skills and qualifications must be met.
Education Requirement
A degree in Marketing or a related field is preferred for this role but not necessarily required; however, most employers will require some prior experience in the area. The candidate must have a working knowledge of marketing principles and techniques and experience in product development.
Skills
Skills needed for this position include:
- Excellent communication skills.
- Organizational skills.
- Creativity skills.
- Problem-solving abilities.
Responsibility
The candidate must have a working knowledge of marketing principles and techniques and experience in product development. Additionally, Marketing Managers must stay up-to-date on industry trends and new technologies and monitor competitor activities.
They also often design promotional materials and review customer feedback to analyze customer preferences and make adjustments in their marketing strategy accordingly.
Salary
Marketing Managers can command a competitive salary in the consumer durables industry. The median annual wage for Marketing Managers with experience and a degree is around $99,935 to $130,753 yearly.
Senior Executive
Senior Executives in the consumer durables industry can expect to receive a competitive salary as well as other benefits such as health insurance, bonuses, and retirement plans. With the right combination of education, experience, and skillset, this role can be both rewarding and lucrative for those looking for an exciting career opportunity.
Education Requirement
To become a senior executive in this field requires at least a bachelor’s degree from an accredited university or college in business administration or management. In addition to formal education, candidates should also possess excellent written and verbal communication skills and strong analytical abilities.
Skills
The candidate must also have:
- Strong problem-solving skills
- Leadership skills
- Excellent communication skills
- Interpersonal skills
Responsibility
Senior Executives in the consumer durables industry are responsible for overseeing and managing operations within their organization. They must have strong problem-solving skills, be able to make decisions quickly, and have a good understanding of the industry. This job includes managing teams, setting deadlines, and ensuring that projects meet budgetary constraints.
Salary
The salary for senior executives in the consumer durables industry varies depending on their experience, education, and job responsibilities. However, the average annual salary for a senior executive in this field is $191,116 and $244,701 per annum.
Products Manager
The Products Manager position is a highly sought-after role in the consumer durables industry due to its high salary potential and desirable benefits package that often includes healthcare coverage, vacation pay, and bonuses or stock options.
Education Requirement
Individuals interested in becoming a Products Manager must have at least a bachelor’s degree in business administration, marketing, or engineering.
Skills
Skills in product development and knowledge of the consumer durables industry are essential for this job, as the Products Manager is responsible for:
- Developing new products
- Managing existing ones
- Coordinating with marketing departments
- Ensuring customer satisfaction
Responsibility
The responsibility of the products manager includes developing new product lines, managing existing products, coordinating with marketing departments, and ensuring customer satisfaction.
Salary
The average salary for a product manager is $102,472 annually, depending on experience and qualifications. Additional compensation, such as bonuses and stock options, can also be included depending on the employer.
Human Resource Manager
Human Resource Managers are among the most critical roles within a company and can lead to some of the highest salaries available in consumer durables. With an understanding of strategic planning, recruiting processes, interviewing techniques, and record-keeping procedures, they can handle many tasks while ensuring compliance with employment law.
Along with competitive salaries, they also offer potential career advancement opportunities, which make HR Managers a valuable asset to any company. The general requirements are stated below:
Education Requirement
The candidate typically needs a Bachelor’s degree and significant experience in human resources, compensation, or labor law to be considered for this position.
Skills
HR Managers should possess excellent interpersonal skills and have an understanding of:
- Strategic planning
- Recruitment processes
- Interviewing techniques
- Record-keeping procedures
- Understanding laws related to employment and personnel management
- Organize and prioritize tasks while working on multiple projects at once
Responsibility
The primary responsibilities of HR Managers include developing recruiting strategies to attract talented workers, managing training programs and career development activities, administering employee benefits programs (such as health care), overseeing payroll and performance reviews. Additionally, they may oversee hiring and firing decisions, ensure compliance with labor laws, and provide employment counseling and conflict resolution.
Salary
The salary for HR Managers can vary widely depending on the industry, company size, location, and experience level. On average, salaries range from $100,429 to $126,950 per year. It makes it one of the best-paying jobs in consumer durables.
Administrative Assistance
Administrative Assistants are essential in the consumer durables industry. They provide support to management, coordinate events, and manage office operations. The administrative assistants have a promising career path in the consumer durable sector if they possess the proper education and skills.
With competitive salaries and ample opportunities for growth within the industry, this is an attractive job option for those looking to break into the field.
Here is a general breakdown of the knowledge desired for the candidates:
Education Requirement
Administrative Assistants working in the Consumer Durables sector need at least a High School Diploma and some college-level coursework. Those with experience in customer service, computer applications, accounting, and bookkeeping are especially desirable.
Skills
To be successful in this role, you must have:
- Excellent organizational skills
- Strong problem-solving abilities
- Good communication skills
- Interpersonal skills
Responsibility
Responsibilities of an Administrative Assistant include providing clerical support to management staff, completing administrative tasks such as data entry and filing paperwork, scheduling appointments, maintaining records and databases, answering phones and responding to emails from customers.
Salary
Salaries for Administrative Assistants vary depending on the type of Consumer Durables sector. Generally speaking, salaries range from $39,060 and $49,332 annually, depending on experience and qualifications.
Additionally, those with more advanced degrees may be able to command higher salaries than their peers without such qualifications. With experience and increased responsibility comes a salary increase as well.
Media Planner
Media Planners are in charge of the marketing process for companies that sell consumer durables. They work closely with clients to determine the best media outlets, campaigns, and tactics to build brand awareness and generate sales.
Education Requirement
Education requirements for Media Planners typically include a four-year degree from an accredited university, preferably in advertising campaigns, business, or marketing. Additional experience in public relations, journalism, or digital communications can help increase job prospects.
Skills
Skills needed for this role include:
- Excellent communication
- Problem-solving
- Organizational skills
- Analytical skills
- Knowledge of media trends and methods.
Responsibility
Responsibilities of Media Planners include researching target market demographics; developing integrated marketing plans; negotiating rates with media outlets; maintaining relationships with vendors; monitoring the campaign’s progress, and analyzing the results to evaluate success
Salary
The salary range for Media Planners can vary; depending on experience, location and industry, but typically ranges from $51,000 to $85,000 annually. Media Planners may also receive additional compensation through bonuses or commission-based pay plans. With experience, senior-level Media Planners can earn up to six figures a year.
Sales Representative
The job outlook for this position is expected to remain strong over the next several years as companies continue to increase their focus on consumer products.
It can be an exciting and rewarding career path for those willing to put in the effort. With the right skills and dedication, sales representatives of consumer durables can enjoy a successful and rewarding career.
Education Requirement
This job requires a high school diploma or equivalent, although some employers may prefer applicants with a degree in marketing or business administration.
Skills
The most important skill that these professionals need:
- Ability to understand customer requirements and desires so they can adequately match the product offerings to meet their needs
- Good negotiating skills
- Problem-solving skills to address any customer issues or concerns.
Responsibility
Sales representatives for consumer durables are responsible for selling products to customers, understanding their needs, and helping them make the right purchasing decision.
Salary
The salary for sales representatives of consumer durables varies depending on the company, but it typically averages around $71961 per year. With experience and additional qualifications, sales representatives can expect higher salaries and better opportunities for career advancement.
Account Manager
Account Managers in consumer durables can be gratifying for those with the proper skill set. It offers the unique opportunity to work with clients daily and build lasting relationships.
With the increasing demand for consumer durables, Account Managers have the potential to earn high salaries and be at the forefront of customer service in this field. Therefore, for those considering a career in Consumer Durables, an Account Manager is an excellent option with the potential to earn high salaries.
Education Requirement
Account Managers need at least a Bachelor’s degree in business administration or marketing, but experience is preferred.
Skills
Account Managers need:
- Strong communication skills
- Problem-solving skills
- Ability to work independently
Responsibility
Account Managers must develop strategies to increase sales and manage customer accounts and order processing. They must also develop strategies to maximize profits with customers and analyze market trends to meet their needs better.
Salary
Account Managers in Consumer Durables typically earn salaries ranging from $53,199 and $70,583 per annum, depending on experience and location. With additional experience, Account Managers may be able to reach higher salaries. In addition to salary, some employers may offer bonuses or other incentives.
Business Analyst
Business analysts play a vital role in the success of consumer durables businesses. Their insight and analysis can be invaluable to organizations looking to remain competitive in this ever-changing industry. As such, they are well-compensated for their work, making them one of the best-paying jobs in the consumer durables sector.
To qualify for this post, the person must have:
Education Requirement
Education requirements for a business analyst in consumer durables typically include a bachelor’s degree or higher in Business Administration, Economics, or Statistics. Some employers prefer advanced degrees such as an MBA.
Skills
Business analysts must possess:
- Good problem-solving skills
- Analytical and critical thinking abilities
- Strong communication skills
- Interpersonal skills to effectively collaborate with their team
- Familiarity with statistical analysis software is also beneficial for success in this role.
Responsibility
The primary responsibility of a business analyst is to review and analyze data related to the consumer durables industry, including market trends, customer behavior, and industry developments. They must be able to identify opportunities for improvement in products or services and make recommendations to their clients or colleagues.
Salary
Salaries for business analysts in consumer durables can range from $85,441 per year, depending on experience and qualifications. This figure can be significantly higher in executive or specialized roles. Additionally, many employers offer bonuses, incentive pay, and opportunities for advancement.
Customer Success Manager
Customer success managers ensure that customers receive the utmost satisfaction with their products or service. They serve as a liaison between the customer and the company, offering advice, resolving customer inquiries, and troubleshooting any issues that arise.
Education Requirement
To become a customer success manager, you’ll need at least a bachelor’s degree in business or a related field. Additional experience in customer service or sales can help you stand out from the competition.
Skills
As a customer success manager, your responsibilities include:
- Tracking customers’ interactions with the company
- Providing feedback to improve services and products
- Ensuring customer satisfaction
- Educating customers on how to use the product or service correctly
- Identifying areas of improvement
- Generating customer insights
Responsibility
To be successful in this role, you should have excellent communication and problem-solving skills. You must also establish trust with customers quickly and have a customer-centric mindset. Additionally, knowledge of the product or service is essential for customer success managers.
Salary
The average salary for a customer success manager is around $114,908 per year, depending on the company. However, salaries can range from $97,444 to over $135,660per year, depending on experience and other factors. With the right skills and experience, you can make a great living as a customer success manager in consumer durables.
Overall, customer success managers are highly demanding and can make a great living. It could be a great career path if you have the proper education and experience. With the right skills and dedication, you can make a difference in customer satisfaction and help your company succeed.
Strategy Consultant
Strategy consultants help companies develop strategies to maximize profits and stay competitive. Many professionals specialize in one particular industry, such as consumer durables.
If a person is considering acquiring this job. In that case, he should possess the following qualities:
Education Requirement
To become a successful strategy consultant, the candidate will need a Bachelor’s degree in Business Administration or another related field, plus at least some years of experience working in financial analysis or corporate planning for large corporations.
Skills
A strong understanding of:
- Economics
- Accounting principles
- Market trends
- Competitive analysis
- Financial modeling skills
Responsibility
The primary responsibility of a strategy consultant is to analyze the current situation of their client’s business and develop strategies to achieve their goals more effectively. They must be able to identify problems, create solutions, and monitor progress over time.
Salary
The salary of a strategy consultant in consumer durables can vary greatly depending on experience, expertise, and location. With the right qualifications and experience, you could expect to make an average salary of around $115,244 yearly. However, top-level consultants with extensive industry knowledge can earn substantially more than that.
Staff Accountant
As a Staff Accountant in consumer durables, you would be responsible for preparing financial statements and other reports demonstrating the organization’s financial health. You may also be tasked with maintaining ledgers, reconciling accounts, and performing other accounting-related activities.
Education Requirement
Staff Accountants are responsible for the day-to-day accounting activities and oversight of financial operations in the Consumer Durables industry. This position requires a Bachelor’s degree in Accounting, Finance, or a related field. Knowledge of auditing procedures, financial analysis techniques, and spreadsheet software is also essential.
Skills
To be successful as a Staff Accountant, the individual must possess:
- Strong problem-solving skills
- Aptitude for mathematics and statistics
- Ability to communicate effectively with other departments
Responsibility
Responsibilities of a Staff Accountant include creating and preparing internal financial reports; managing accounts receivable and accounts payable; performing auditing procedures; preparing deposits and filing taxes; creating journal entries, and organizing financial records.
In addition, Staff Accountants are responsible for researching and resolving accounting discrepancies and assisting in the preparation of budgets.
Salary
The salary for a Staff Accountant in the consumer durables industry varies depending on experience, qualifications, and employer. The average salary for an entry-level Staff Accountant is $45,215 and can range from $54,284 and $65,667 per year.
In short, a Staff Accountant in the consumer durables industry can expect an excellent salary, good job security, and benefits. It is a great career for those interested in accounting and finance who have strong math skills. With the right qualifications, this position can be a great way to gain experience and earn a good salary.
Communications Coordinator
Communications Coordinators are essential to the success of any organization, from large corporations to small nonprofits. They are responsible for overseeing all external and internal communications for their organization.
It often includes developing and executing communication strategies, managing media relations, crafting press releases, writing content, conducting research and analysis on trends in the industry, and responding to customer inquiries.
Education Requirement
To be a Communications Coordinator, one must have at least a Bachelor’s degree in communications or a related field, such as public relations or marketing.
Skills
Concerning skills required for this job are:
- Strong written skills
- Verbal communication skills
- Excellent research capabilities
- Knowledge of content management systems
- Marketing automation tools knowledge
Responsibility
As part of their responsibilities, Communications Coordinators typically develop, implement, and manage communication strategies across multiple channels of communication. Additionally, they may be responsible for researching trends in the industry and responding to customer inquiries or complaints.
Salary
The average salary for this position ranges from $43,982 to $55,581 per year, depending on experience and credentials. With the right qualifications and experience, potential earnings could be much higher.
Overall, working as a Communications Coordinator is a great way to impact an organization’s success. With the right qualifications and experience, this can be a lucrative career for those who are motivated and have the necessary skills.
Currently Available Jobs in the Consumer Durables Sector
The consumer durables sector is one of the most rapidly growing industries in the world today. The sector offers a wide range of essential products, from electronics to clothing and appliances for everyday life. As such, it has seen a surge in job openings for those seeking to break into this dynamic and ever-evolving industry.
A range of opportunities is available for those interested in a career in the consumer durables sector, from entry-level positions to more advanced roles. Here is a list of some of the average salaries offered at specific positions:
| Job Title | Average Salary |
| Administrative Assistant | $43,711 per annum |
| Field Sales Representative | $68,695 per annum |
| Strategy Consultant | $112,094 per annum |
| Industrial Designer | $67,853 per annum |
| Product Marketer | $139,883 per annum |
| Vice President Operations | $307,100 per annum |
| Collections Associate | $43,095 to $53,936 per annum |
| Robotics Engineer | $93,564 per annum |
| Automotive Engineer | $73,130 per annum |
| Automotive Sales Manager | $126,188 per annum |
| Quality Assurance Manager | $121,339 per annum |
| Electronics Engineer | $111,504 per annum |
| Computer Engineer | $90,913 per annum |
| Product Brand Manager | $139,869 per annum |
| Fashion Forecaster | $67,676 per annum |
| Visual Merchandiser | $171,543 per annum |
Jobs in the U.S.
Here we provide an overview of some of the currently available jobs in this sector, and their positions offer in United States:
National Accounts Manager
- Job Type: Full Time
- Seniority Level: Mid-Senior Level
- Job function: Business Development and Sales
- Industry: Machinery Manufacturing
- Click here for more detail.
- To apply for this job, click here.
Junior Category & Trade Marketing Manager
- Job Type: Full Time
- Seniority Level: Mid-Senior Level
- Job Function: Marketing & Sales
- Industry: Food and Beverage Manufacturing
- Click here for more detail.
- To apply for this job, click here.
Trade Marketing Manager
- Job Type: Full Time
- Seniority Level: Not Applicable
- Job Function: Marketing and Sales
- Industry: Beverage Manufacturing
- Click here for more detail.
- To apply for this job, click here.
Product Development Manager
- Job Type: Full Time
- Seniority Level: Mid-Senior Level
- Job Function: Product Management and Marketing
- Industry: Manufacturing
- Click here for more detail.
- To apply for this job, click here.
Account Manager
- Job Type: Full Time
- Seniority Level: Mid-Senior level
- Job Function: Sales and Business Development
- Industry: Wholesale
- Click here for more detail.
- To apply for this job, click here.
Associate Product Manager
- Job Type: Full Time
- Seniority Level: Entry level
- Job Function: Product Management and Marketing
- Industry: Manufacturing
- Click here for more detail.
- To apply for this job, click here.
Industry Strategy Leads
- Job Type: Full Time
- Seniority Level: Entry Level
- Job Function: Consulting, Information Technology, and Sales
- Industry: IT Services and IT Consulting
- Click here for more detail.
- To apply for this job, click here.
General Manager
- Job Type: Full-Time
- Seniority Level: Executive
- Job Function: Management, Manufacturing, and Strategy/Planning
- Industry: Machinery Manufacturing
- Click here for more detail.
- To apply for this job, click here.
Vice President, Analytics
- Job Type: Full-Time
- Seniority Level: Executive
- Job Function: Business Development and Sales
- Industry: Advertising Services, Market Research, and Research Services
- Click here for more detail.
- To apply for this job, click here.
Dir of Operations/General Management
- Job Type: Full-Time
- Seniority Level: Director
- Job Function: Management, Strategy/Planning, and Business Development
- Industry: Transportation, Logistics, Supply Chain and Storage, Manufacturing, and International Trade and Development
- Click here for more detail.
- To apply for this job, click here.
Creative Lead
- Job Type: Full-Time
- Seniority Level: Director
- Job Function: Art/Creative, Advertising, and Design
- Industry: Advertising Services
- Click here for more detail.
- To apply for this job, click here.
How to Find a Job in the Consumer Durables Field?
Finding a job in the consumer durables field can be challenging, but it does not have to be. By taking the time to research, network, create a portfolio, and attend relevant courses and seminars, you’ll be better prepared to find the ideal position that fits your skills and interests in the consumer durables field.
With knowledge and experience, you’ll increase your chances of getting hired for the perfect job. Here is an overview of how to go about finding a job in this field:
Conduct Research
Doing your research is essential for finding a job in the consumer durables field. Start by looking into companies specializing in consumer durables and determine which ones best suit you. Look into their size, location, industry focus, and what positions they offer.
Additionally, it’s essential to familiarize yourself with the consumer durables industry and learn about current trends, products, and competitors in the market. You should also read up on all relevant laws and regulations to understand the legal aspects of consumer durables.
Network
Networking is vital when searching for any job, especially in consumer durables. Talk to people who work or have knowledge in the industry and ask them questions about their experience. Connect with them on LinkedIn or other social networks, attend relevant conferences, join industry associations specializing in consumer durables, and create meaningful relationships with people working in the field.
Create a Portfolio
Having a portfolio of your past accomplishments will help you stand out from other applicants. Be sure to include anything related to consumer durables – even if it’s something as simple as a project you did for a college course or an internship you completed.
Include any awards or accolades you may have received as well. Having a concrete, tangible representation of your experience shows potential employers that you’re serious about working in the field of consumer durables.
Attend Relevant Courses & Seminars
Courses and seminars are a great way to learn more about consumer durables and build your skillset in the field. Take courses on product design, marketing, or engineering related to consumer durables, or attend seminars focusing on specific topics such as sustainability or new technologies. You can also look for internships or volunteer opportunities at trade shows and industry events to gain hands-on experience in the field.
FAQs
Is a Car a Consumer Durable?
Yes, cars are generally considered consumer durables, as they have a long life and can be used for many years. Cars are typically expensive items that last longer than other products, such as electronics. Over time, cars can depreciate due to wear and tear, but they can still be used for an extended period.
What are the Features of Consumer Durables?
Consumer durables come with many features to make them more attractive and desirable for consumers. Some of these features include the following:
- Consumer durables are designed to last a long time, providing reliable performance that stands up to regular use.
- Modern consumer durables offer versatile features that make them suitable for various tasks, allowing users to customize their products to fit their needs.
- Many consumer durables come with guarantees and warranties to benefit their buyers.
- Consumer durables are designed to provide excellent value for money, offering a cost-effective way to enjoy modern convenience and technology.
Is a Home a Durable Good?
A home is considered a durable good because it has a long lifespan – often lasting multiple decades. The materials used to construct homes are usually solid and durable. The house can be repaired or renovated even if damage occurs due to natural wear-and-tear or environmental factors.
Which Sector is Best for Long-Term Investment?
The answer to this question will depend on your own personal investment goals, risk tolerance, and other factors. The stock market is often seen as the most popular option for long-term investments. It is because stocks can provide a steady return over time when held for the long term.
Additionally, investing in the stock market diversifies your portfolio and can offer the potential for high returns. The high consumer durable stocks include Tesla, LI Auto, Toyota Motor, and many more, with billions of dollars in market capitalization.
Conclusion
The job market for consumer durables is quite strong. Many jobs are available in this field, and the number of positions depends on various factors. There are always opportunities for people with the right skills and experience to work in this sector.
Companies always look for workers who can help them improve their processes and produce high-quality consumer durable goods. If you are interested in working with consumer durables, keep an eye on job postings to see what openings are available. With a little effort, you should find a position that’s a good fit for your skills and interests.
