6 hard skills or competencies (industry competencies) for Merchandising Director
Skill definition-Applying comprehensive knowledge of retail principles, inventory management, pricing strategies, and consumer behavior to effectively manage and operate retail businesses.
Level 1 Behaviors
(General Familiarity)
Describes the application of upselling, cross-selling, and closing sales techniques in retail operations.
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Level 2 Behaviors
(Light Experience)
Conducts research on current and upcoming distribution channels tailored to a specific product category.
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Level 3 Behaviors
(Moderate Experience)
Analyzes consumer buying patterns and trends to predict product and service demands.
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Level 4 Behaviors
(Extensive Experience)
Creates and leverages KPIs to assess the effectiveness of retail sales strategies and promotional methods.
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Level 5 Behaviors
(Mastery)
Designs and executes customer segmentation and personalization techniques to deliver tailored marketing promotions.
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Skill definition-Developing and implementing retail strategies, to support the strategic decisions and actions that effectively enhance the sales and growth of an organization.
Level 1 Behaviors
(General Familiarity)
Explains how managing retail strategy correctly can improve brand awareness and increase sales.
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Level 2 Behaviors
(Light Experience)
Documents insights of retail campaigns for strategists to manage and analyze.
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Level 3 Behaviors
(Moderate Experience)
Communicates the retail and promotional strategies to store staff to promote the correct visual merchandising.
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Level 4 Behaviors
(Extensive Experience)
Leverages online platforms to manage and improve our retail operations and optimize our online presence.
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Level 5 Behaviors
(Mastery)
Builds scalable and manageable retail strategies and platforms to compete with online giants.
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5 general skills or competencies (Job family competencies) for Merchandising Director
Skill definition-Researching, planning, implementing, and evaluating digital marketing activities to reach target audiences and achieve business goals.
Level 1 Behaviors
(General Familiarity)
Identifies market segmentation techniques, such as demographic and psychographic segmentation.
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Level 2 Behaviors
(Light Experience)
Develops compelling and engaging content for various distribution channels.
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Level 3 Behaviors
(Moderate Experience)
Communicates the digital marketing plan, including roles, responsibilities and expectations, to relevant personnel.
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Level 4 Behaviors
(Extensive Experience)
Closely monitors and assesses customer traffic and conversion rates.
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Level 5 Behaviors
(Mastery)
Defines and sets clear and measurable goals for the digital marketing strategy.
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Skill definition-Designing, executing, and optimizing systems, tools, and processes to ensure the smooth and efficient operations of marketing activities.
Level 1 Behaviors
(General Familiarity)
Describes the key concepts and components of marketing operations.
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Level 2 Behaviors
(Light Experience)
Applies the knowledge of marketing concepts to meet our established business objectives.
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Level 3 Behaviors
(Moderate Experience)
Contributes to the design and implementation of new marketing processes within our organization.
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Level 4 Behaviors
(Extensive Experience)
Evaluates performance metrics to measure the performance of our marketing campaigns and strategies.
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Level 5 Behaviors
(Mastery)
Builds and executes marketing operations roadmap to reduce inefficiencies.
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13 soft skills or competencies (core competencies) for Merchandising Director
Skill definition-Insight into our organization's business, goals, and values. Ability to design and implement initiatives that facilitate successful outcomes.
Level 1 Behaviors
(General Familiarity)
Describes how our business makes money and our key business objectives.
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Level 2 Behaviors
(Light Experience)
Assists in designing business models and operating plans.
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Level 3 Behaviors
(Moderate Experience)
Analyses the business impact of demographic changes; suggests effective responses.
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Level 4 Behaviors
(Extensive Experience)
Consults on the selection and adjustment of the go-to-market strategy.
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Level 5 Behaviors
(Mastery)
Builds a mentoring model to ensure a continuous increase of business sense within our business.
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Skill definition-Applying business intelligence to monitor and manage overall business performance towards goals.
Level 1 Behaviors
(General Familiarity)
Cites the processes involved in business performance management.
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Level 2 Behaviors
(Light Experience)
Designs new reports to surface new action items.
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Level 3 Behaviors
(Moderate Experience)
Collates data to help in assessing our organization's operation holistically.
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Level 4 Behaviors
(Extensive Experience)
Creates an environment where staff can perform to the best of their abilities.
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Level 5 Behaviors
(Mastery)
Creates interventions based on the data reviewed to improve future performance.
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Summary of Merchandising Director skills and competencies
There are 6 hard skills for Merchandising Director, Retail Industry, Retail Strategy Management, Merchandising, etc.
5 general skills for Merchandising Director, Digital Marketing Strategy, Marketing Operations, Promotion, etc.
13 soft skills for Merchandising Director, Business Acumen, Business Performance Management, Budgeting, etc.
While the list totals 24 distinct skills, it's important to note that not all are required to be mastered to the same degree. Some skills may only need a basic understanding, whereas others demand a higher level of expertise.
For instance, as a Merchandising Director, he or she needs to be skilled in Business Acumen, be skilled in Business Performance Management, and be skilled in Budgeting.