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Retail Buyer Job Description
A Retail Buyer is responsible for selecting and purchasing products that align with customer demand and sales strategies. They analyze market trends and customer preferences to make informed buying decisions. This role is critical for ensuring product assortments that drive sales and profitability.
Leverage this Retail Buyer job description template to attract candidates skilled in product selection and inventory management. Tailor the qualifications and responsibilities based on your retail categories and customer demographics. A comprehensive job description will help in securing the right talent.
Retail Buyer Responsibilities Include:
- Research and source new products
- Analyze sales data to determine product performance
- Negotiate with suppliers to secure the best terms
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Job Brief
We are seeking an analytical Retail Buyer to join our merchandising team and ensure that our product offerings resonate with customer needs. In this role, you will research market trends, analyze sales data, and forecast purchasing needs to optimize inventory levels.
As a Retail Buyer, you will negotiate with vendors to secure favorable pricing and terms, managing supplier relationships effectively. Your insight into customer preferences will inform product selection and promotional strategies, driving sales growth.
Collaborating closely with marketing and sales teams, you will develop compelling product assortments that attract and retain customers. If you have a keen eye for trends and a passion for retail merchandising, we encourage you to apply.
Join us and contribute to shaping our product offerings while advancing your career in retail buying.
Responsibilities
- Research and source new products
- Analyze sales data to determine product performance
- Negotiate with suppliers to secure the best terms
- Monitor inventory levels and make recommendations for restocking
- Collaborate with the marketing team to develop promotional strategies
- Stay current on industry trends and competitor activities
- Attend trade shows and conferences to network with suppliers
- Maintain relationships with existing suppliers
- Manage product pricing and profit margins
- Track and report on key performance indicators
Requirement
- Bachelor's degree in Business Administration or related field
- Proven experience as a Retail Buyer or similar role
- Strong analytical skills
- Excellent negotiation and communication skills
- Ability to work well under pressure
- Knowledge of market trends and consumer preferences
- Attention to detail
- Ability to multitask
- Strong decision-making skills
- Proficiency in Microsoft Office
Skills
- Strong negotiation skills
- Analytical thinking
- Excellent communication skills
- Attention to detail
- Time management skills
- Decision-making abilities
- Market research abilities
- Proficiency in Microsoft Office
- Ability to work well under pressure
- Team player