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Beyond the Register: What is Retail Buying?
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2004 Retail Sales Landscape
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DELIVER PROFITABLE SALES
GOAL OF EVERY RETAILER: DELIVER PROFITABLE SALES
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Merchandising Career Path
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From Point-of-Production to Point-of-Sale...
What is Merchandising? From Point-of-Production to Point-of-Sale... PRICE PRODUCT PROMOTION PLACE PRESENTATION
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PRODUCT Last Year History Emerging Trends Vendor Performance Key Items
Determining Assortment Last Year History Emerging Trends Vendor Performance Key Items
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PRICE 2 FOR 49.99 33% OFF CLEARANCE Perceived Value Competition
Compelling and Profitable 2 FOR 49.99 Compelling Price Points Perceived Value Competition Average Retail 20% OFF COUPON 33% OFF CLEARANCE
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PLACEMENT Geographics Demographics Door Trends Advertising
Inventory Management Geographics Demographics Door Trends Advertising
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PROMOTION Promotional Calendar Layout and Design TY vs. LY
Advertising Promotional Calendar TY vs. LY Layout and Design Compelling Pricing
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PRESENTATION Plan-O-Gram Grouping Signing Fixtures Extras
Visual Display Plan-O-Gram Grouping Signing Fixtures Extras
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Why a Retail Buying Career?
Utilizes Multiple Disciplines Manage $7-40 M Buying Segment Entrepreneurial High Level Decision-Making Challenging, Fast-Paced, Dynamic
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Performs Great Analysis Excellent Communicator
WHO MAKES A GREAT BUYER? Performs Great Analysis FUN! Team Player Excellent Communicator Has a Sense of Urgency Gets Results Multi-Tasks
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