1. What is the average salary of a Merchandising Manager?
The average annual salary of Merchandising Manager is $121,752.
In case you are finding an easy salary calculator,
the average hourly pay of Merchandising Manager is $59;
the average weekly pay of Merchandising Manager is $2,341;
the average monthly pay of Merchandising Manager is $10,146.
2. Where can a Merchandising Manager earn the most?
A Merchandising Manager's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer.
According to the latest salary data by Salary.com, a Merchandising Manager earns the most in San Jose, CA, where the annual salary of a Merchandising Manager is $152,799.
3. What is the highest pay for Merchandising Manager?
The highest pay for Merchandising Manager is $158,004.
4. What is the lowest pay for Merchandising Manager?
The lowest pay for Merchandising Manager is $90,381.
5. What are the responsibilities of Merchandising Manager?
Merchandising Manager manages merchandising operations and develops and executes merchandising plans to deliver volume and profit goals. Develops effective merchandising plans for categories and locations, utilizing data representing customer insights, consumer trends, buying patterns, sales and inventory metrics, forecasting, and competitive landscape. Being a Merchandising Manager collaborate with marketing, finance, and buying to Identify new suppliers and products that reflect consumer preferences and drive sales. Coaches and mentors merchandising staff to produce product assortments that reflect branding, buying trends and support seasonal customer demand. Additionally, Merchandising Manager typically requires a bachelor's degree in marketing, merchandising, business or other related field. Typically reports to a director. The Merchandising Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be a Merchandising Manager typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes.
6. What are the skills of Merchandising Manager
Specify the abilities and skills that a person needs in order to carry out the specified job duties. 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.
1.)
Coaching: Coaching is a form of development in which an experienced person, called a coach, supports a learner or client in achieving a specific personal or professional goal by providing training and guidance.
2.)
Promotion: Developing and implementing promotional activities to attract and increase the awareness of customers in buying products.
3.)
Customer Satisfaction: Customer satisfaction (often abbreviated as CSAT, more correctly CSat) is a term frequently used in marketing. It is a measure of how products and services supplied by a company meet or surpass customer expectation. Customer satisfaction is defined as "the number of customers, or percentage of total customers, whose reported experience with a firm, its products, or its services (ratings) exceeds specified satisfaction goals." The Marketing Accountability Standards Board (MASB) endorses the definitions, purposes, and constructs of classes of measures that appear in Marketing Metrics as part of its ongoing Common Language in Marketing Project. In a survey of nearly 200 senior marketing managers, 71 percent responded that they found a customer satisfaction metric very useful in managing and monitoring their businesses. It is seen as a key performance indicator within business and is often part of a Balanced Scorecard. In a competitive marketplace where businesses compete for customers, customer satisfaction is seen as a key differentiator and increasingly has become a key element of business strategy.