Find the best tutors and institutes for MBA Entrance Coaching

Find Best MBA Entrance Coaching classes

Please select a Category.

Please select a Locality.

No matching category found.

No matching Locality found.

Outside India?

Career In Merchandising

19/12/2017 0 0

Career in Merchandising: “The decisions that a merchandiser makes are crucial to the success of the business.”

What is merchandising?

A merchandiser decides which stock to allocate to which stores and in what quantity. For example, a large store based in Delhi may sell more dresses than a smaller store based in Lucknow. As such, the merchandiser responsible for dresses (or perhaps for clothing in a supermarket) has to decide how many dresses or how many different lines of dresses each store needs. If the merchandiser were to give the smaller store the same amount of stock as the larger store then they may run the risk of not being able to sell it all. This could mean having to pay for the stock to be stored in warehouses. Or it could mean having to sell off the stock at a reduced price in order to get rid of it. Alternatively, if the merchandiser underestimated the amount of stock the larger store would get through it could cause a demand problem.

Customers might not be able to get the product they want and so may turn to a different retailer. The decisions that a merchandiser makes are therefore crucial to the success of the business; if they get it wrong, there could be considerable financial implications.

Merchandisers work closely with buyers to identify any upcoming trends that they need to satisfy. Buyers choose which products the retailer should sell and the merchandisers decide how much of each product to buy and where the stock should be allocated. In order to make these decisions, merchandisers constantly review sales history and monitor how well different products are performing; this helps them to identify which products need restocking and which ones aren’t selling as well as expected. They need to understand customer trends and consider factors such as how variations in footfall and demographic will affect the type and amount of stock required in different stores. The main priority of a merchandiser is to make sure that the departments or stores for which they are responsible meet their sales targets and ensure a healthy profit margin. If margins are below expectations, they will need to analyse the reasons behind this and alert management to the problem.

Courses for above career:

MBA in Retail & fashion merchandise (2 years)

0 Dislike
Follow 4

Please Enter a comment


Other Lessons for You

How to sketch a male croqui ( fashion figure)? We Widely see a lot of female croqui tutorial online that can be used as reference while designing women's clothing. This is how to draw a male croqui for designing men's clothing.

Priya M. | 07/12/2020

0 0

Industrial Relations
Absence of Industrial Relations(IR) leads to –Industrial Conflicts and Disputes –Continuation of unfair practices –Difficulty in maintaining and retaining Labor –Difficulty...

M Grace .. | 23/10/2020

0 0

Why is tailoring a life skill?
Have you ever thought why tailoring is not that commonly known to all? In my experience of creating clothes and teaching tailoring, I always felt that this skill brought a lot of savings and a lot of joy....

Poornima J. | 17/08/2020

1 0

What NOT to do while solving a Reading Comprehension passage?
The SEVEN things that you should be careful NOT to do while solving RCs: 1. Do NOT try to retain every detail or information given in the passage. 2. Do NOT re-read or read backwards( regressive reading)...

Renju Rajan | 16/07/2020

0 0

Distance MBA - Is it for fresher or working professionals.
Students are now going for distance MBA for various reasons. In order to be successful in whatever a student do he or she would now the core reason behind doing an MBA and how the certificate will help...

Psb Tutorials | 26/05/2020

0 0

Looking for MBA Entrance Coaching Classes?

Find best tutors for MBA Entrance Coaching Classes by posting a requirement.

  • Post a learning requirement
  • Get customized responses
  • Compare and select the best

Looking for MBA Entrance Coaching Classes?

Find best MBA Entrance Coaching Classes in your locality on UrbanPro

Post your learning requirement is India's largest network of most trusted tutors and institutes. Over 25 lakh students rely on, to fulfill their learning requirements across 1,000+ categories. Using, parents, and students can compare multiple Tutors and Institutes and choose the one that best suits their requirements. More than 6.5 lakh verified Tutors and Institutes are helping millions of students every day and growing their tutoring business on Whether you are looking for a tutor to learn mathematics, a German language trainer to brush up your German language skills or an institute to upgrade your IT skills, we have got the best selection of Tutors and Training Institutes for you. Read more