Overview
Retail Buyers select and buy goods for resale in retail establishments.
Day-to-day
- monitors sales data and stock levels, and studies trade, manufacturers' and market information to keep informed of changing market conditions
- negotiates purchase, promotion and supply arrangements with suppliers
- designs and implements pricing, marketing, promotional and display strategies
- liaises with management on long-term planning and sales promotions
- establishes working plans according to seasonal and budgetary requirements
- anticipates consumer trends and determines quantity, style and quality of goods to be purchased.
To become a Retail Buyer
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You usually need extensive retail experience to work as a Retail Buyer. Formal qualifications might be useful but aren't essential. A diploma in retail management or retail merchandise management or university qualifications in business, marketing, fashion or another related field might be helpful.
Skills employers are looking for
