Hire a Retail Merchandiser
Retail merchandisers plan and manage product ranges, inventory, and promotions. They collaborate with suppliers, analysts, and the retail team to identify the right products, arranging them in attractive displays. They ensure that the buyers have access to the best products at the right price. Their primary aim is to attract the interest of customers and generate sales for the business. Merchandisers usually work in the retail industry in a variety of settings. Regardless of the work setup, the environment in which they work is fast-paced, with shifts in the evenings, weekends, and holidays. They frequently travel among store locations to manage stock levels and inspect storefronts. Merchandisers earn an average salary of $43,000 per year. The pay scale can vary depending on factors such as company size and the extent of responsibility. On average, retail merchandisers are highly satisfied with their job with a satisfaction rating of 7.4 out of 10. With the right experience, these professionals usually are promoted to senior merchandiser or managerial roles over time.
Critical duties of a retail merchandiser
There are several duties integral to this position, such as managing the optimum stock level and arranging them into attractive store displays. The role requires the incumbent to act as the principal contact between store managers and the retail chain. Their job begins at the planning stage, where they recommend the ideal mix and quantity of products. The recommendation has to be based on their analysis of customer demand which includes the promotional aspect of the product. Next is implementation, where the merchandiser procures the products and places them on display as planned. The shelf displays have to be updated regularly by rotating, refilling, or removing stock. Merchandisers control the inventory by monitoring current holdings, ensuring that the stores are neither over nor understocked. They have to keep in mind the purchasing trends of the region and maintain the inventory, reduce low-selling products, and expand the stock of better-selling products. With access to data, the retail merchandisers have to provide the managers with information on the latest trends, upcoming promotions, and product lines. Retail merchandisers are also in charge of ensuring that the store represents the company favorably in terms of aesthetics and proper employee behavior and training.
Essential candidate requirements
Candidates should have at least completed a high school diploma or equivalent to apply for the role. A degree in business, marketing, or retail is often preferred. The candidates must have prior experience in merchandising or retail. A driver’s license is also essential as merchandisers travel frequently. To succeed in this role, the merchandiser must have strong organizational and decision-making skills, along with excellent communication. They must have a strong numerical ability and analytical aptitude. Commercial awareness and keeping up to date on current trends are also a requirement. The candidate must have a great deal of confidence, the ability to cope under pressure, and exceptional teamwork skills to thrive as a retail merchandiser.