How much does a Merchandise Buyer make in the United States? The average Merchandise Buyer salary in the United States is $106,016 as of August 27, 2024, but the range typically falls between $91,935 and $122,217. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Percentile | Salary | Location | Last Updated |
10th Percentile Merchandise Buyer Salary | $79,115 | US | August 27, 2024 |
25th Percentile Merchandise Buyer Salary | $91,935 | US | August 27, 2024 |
50th Percentile Merchandise Buyer Salary | $106,016 | US | August 27, 2024 |
75th Percentile Merchandise Buyer Salary | $122,217 | US | August 27, 2024 |
90th Percentile Merchandise Buyer Salary | $136,967 | US | August 27, 2024 |
Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
Pricing: Pricing is a process of fixing the value that a manufacturer will receive in the exchange of services and goods.
Financial Planning: In general usage, a financial plan is a comprehensive evaluation of an individual's current pay and future financial state by using current known variables to predict future income, asset values and withdrawal plans. This often includes a budget which organizes an individual's finances and sometimes includes a series of steps or specific goals for spending and saving in the future. This plan allocates future income to various types of expenses, such as rent or utilities, and also reserves some income for short-term and long-term savings. A financial plan is sometimes referred to as an investment plan, but in personal finance a financial plan can focus on other specific areas such as risk management, estates, college, or retirement.
What Should I Pay?
Merchandise Buyer selects merchandise for order, places order, and stays involved in inventory distribution. Reviews success of previous orders to determine extent to which inventory should be replenished. Being a Merchandise Buyer researches new trends or advances in product lines to make appropriate buying decisions. May require a bachelor's degree in area of specialty. Additionally, Merchandise Buyer typically reports to a supervisor or manager. To be a Merchandise Buyer typically requires 4 to 7 years of related experience. Contributes to moderately complex aspects of a project. Work is generally independent and collaborative in nature. (Copyright 2024 Salary.com)... View full job description
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A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.
For Merchandise Buyer, the first career path typically progresses to Merchandise Buyer, Sr..
Additionally, the second career path typically progresses to Merchandise Planning Manager.
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Merchandise Buyer salary varies from city to city. Compared with national average salary of Merchandise Buyer, the highest Merchandise Buyer salary is in San Francisco, CA, where the Merchandise Buyer salary is 25.0% above. The lowest Merchandise Buyer salary is in Miami, FL, where the Merchandise Buyer salary is 3.5% lower than national average salary.
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Job Title | Experience | EDUCATION | Salary Compared to This Job |
---|---|---|---|
Job Title Buyer II | Experience 2 - 4 | EducationBachelors | Salary Compared to This Job |
Job Title Buyer III | Experience 4 - 7 | EducationBachelors | Salary Compared to This Job |
Job Title Buyer IV | Experience 7 + | EducationBachelors | Salary Compared to This Job |
Job Title Merchandise Allocator | Experience 2 - 4 | EducationBachelors | Salary Compared to This Job |
Job Title Merchandise Buyer Assistant | Experience 0 - 2 | EducationBachelors | Salary Compared to This Job |
Jobs with different levels of education may pay very differently. Check the Merchandise Buyer salary of your education level.
Merchandise Buyer salary varies from country to country. There are several factors that mainly impact the Merchandise Buyer salary, including cost of living, economic conditions, market rates and legal differences. Click below to Merchandise Buyer salary of the other country.
Geographic variations impact Merchandise Buyer salary levels, due to various factors, such as cost of living, industries, market demand and company budgets. Click below to see pay differences between states.
A job category is a classification or grouping of job positions that share similar characteristics, functions, or industries. Merchandise Buyer salary varies from category to category. Click below to see Merchandise Buyer salary in different categories.
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Skills associated with Merchandise Buyer: Replenishment and Ordering, Inventory Management, Retail Buying
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