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MERCHANDISE MANAGER
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DUTIES Merchandising managers choose and purchase the various products offered for sale by a variety of retail outlets. They oversee a staff and maintain a budget while performing assigned duties that enable a successful company. The primary goal of a merchandising manager is securing the best goods for the lowest cost to the company. A number of employers also assign marketing duties to merchandising managers.
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EDUCATION Professionals employed as merchandising managers possess various degrees of education and experience. Larger retail organizations often prefer purchasing managers with a bachelor's degree in merchandising, business or economics. Courses that aspiring merchandising managers might want to consider include accounting, finance and management. Graduate education, like a master's or doctoral degree, can make a candidate more desirable for merchandising management positions with larger businesses or retail organizations.
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ABILITIES Good communication Being able to take initiative Taking risks Being able to interact with customers Determined
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PERSONAL QUALITIES The career test told me I scored high in customer service and retail. I think this is a big part in being the merchandise manager. You have to be able to connect with customers and get a feeling of what they like and dis like. If there is no one buying the clothing then odds are they are not liking the clothing being bought into the store.
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SALARY Purchasing management positions are expected to increase more slowly than other professions, at a rate of just 4% between 2012 and 2022. In May 2013, the mean annual salary of a merchandising manager was $109,640. The highest-earning ten percent of merchandising managers made $165,810 or more during the same period.
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LOCATIONS Careers for merchandising managers can be found with boutiques, department stores and other retail outlets.
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AVAILABILITY A manager for any company plays a big role. A merchandise manager should be very open to having a busy schedule.
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