What are retail buyers?
Retail buyers are experts who are trained to buy goods at a wholesale price that is sold in stores or online for a retail price. Depending on the size of the trade for which the buyer works, he could be responsible for the purchase of goods for the entire trade or just one department. For example, small boutiques could only have one retail buyer for employees, or the owner could be responsible for all purchases. On the other hand, large department stores and retail chains may have a number of retail buyers who supervise the purchase of specific types of goods.
Ladies' department store can employ more than a dozen different buyers. Some would be responsible for shoes and underwear, while others would be responsible for professional clothes and evening clothes. Depending on the size of the store, buyers who buy goods for departments that sell jewelry, coats and outerwear, cosmetics, sportswear and smell may also be. SPORTOvní goods, on the second ha he had a completely different range of the department.
In order to purchase goods for their companies, retail buyers often participate in half -year or quarterly fair, where sellers display their goods and accept orders from buyers. These business exhibitions often take place in large cities and can even be hosted in a hotel where buyers can rent rooms for a discounted rate. Each seller usually shows a product range that is interested in a number of different buyers. There are thousands of business exhibitions every year, during which a very wide range of goods is displayed, everything from yachts to children's toys, from hair products to gaming equipment.
retail buyers are responsible not only for the selection of goods that will be well sold in their stores, but also for choosing the right quantity. These elections are usually performed after studying sales trends and sales historyorieuable or shops for which they work. In addition, the study of the upcoming trends of the industry is also an important part of the buyer's work.
In some cases, the buyers will go directly to the showroom or store by the seller instead of buying them at the fair. This is useful for buyers who are trying to buy special or private brands and have to spend time checking the product specification and detailed information on prices with suppliers. There are also some retail buyers who simply buy excess pages from retailers to sell discount chains shops.