what is merchandising experience

11 months ago 21
Nature

Merchandising experience refers to the knowledge and skills required to plan and develop merchandising strategies that balance customers expectations and company objectives. A merchandiser is responsible for ensuring that the right product is in the right place, at the right time, quantity, and price to produce sales by providing point-of-purchase and shelf management services. Merchandising experience includes:

  • Analyzing sales figures: This involves analyzing sales figures, customer reactions, and market trends to anticipate product needs and plan product ranges/stock.

  • Building customer relationships: Merchandisers build constructive customer relationships and team with channel partners to build a pipeline and close deals.

  • Staying up-to-date with industry trends: Merchandisers need to remain up-to-date with the latest merchandising trends and best practices.

  • Excellent communication skills: Merchandisers need to have excellent verbal and written communication skills, strong listening, presentation, and decision-making skills.

To become a merchandiser, a high school diploma or GED is required, and previous experience in merchandising or retail is preferred. Employers hiring merchandisers typically prefer candidates with experience in retail or merchandising. Merchandising training is also available to help individuals develop the necessary skills and knowledge.