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Retail Buying




                    Notes          setting goals for the division, and establishing a fashion image if the store has a fashion orientation.
                                   The buyer seeks guidance and counsel from the divisional merchandise manager because most
                                   likely he or she has served in a purchasing capacity and has the experience that could assist the
                                   buyer in decision making.
                                   Below the buyer are the assistants who help the buyers in many ways. Good communication
                                   with these people will tell them exactly what is required of them and how they can better serve
                                   the buyer’s needs.

                                   In fashion organizations, fashion directors help apparel and accessories buyers with their future
                                   purchasing plans. A good relationship with them will help with the difficult task of forecasting
                                   which styles are likely to make the grade.

                                   Advertising

                                   Whether in  a small single-unit operation or a  large organization,  the buyer  usually has  an
                                   advertising responsibility. He or she doesn’t have anything to do with the artistic areas of the
                                   broadcast or print media designs, but is generally the one who makes the merchandise selections.
                                   Who better than the buyer to know which items should be promoted?
                                   Through regular communication and a good working relationship with the advertising manager,
                                   the buyer is likely to have ads  placed that will assure  his or her department  of the  proper
                                   consumer exposure. Advertising is the best means by which a merchant “prospects” for customers.

                                   Visual Merchandising

                                   In most major department stores, chains, and independent single-unit operations, one of the
                                   motivational devices used to attract shoppers to specific merchandise is visual merchandising.
                                   Displaying specific products in windows and store interiors in a style that will capture  the
                                   shopper’s attention in an eye-appealing manner will result in purchases.
                                   As in advertising, the merchandise selected for display is usually the buyer’s decision. Choosing
                                   items to be featured in  displays that are either trendsetting or are getting  attention in  the
                                   editorial pages of leading consumer magazines (as in the case of fashion merchandise) or those
                                   that are price competitive (as might be the case for any type of products) will help promote sales.
                                   With the right merchandise  selection and the appropriate display setting, good sellers  may
                                   become winners.

                                   Special Events

                                   Whether  it  is  a  fashion  show,  anniversary  sale,  or  any  special  store  promotion  with  a
                                   merchandise orientation, the buyer is the one who selects the items to be used for the special
                                   event. As with other promotional endeavors such as advertising and display, the insertion of the
                                   right merchandise can contribute to more sales.

                                   Store and Department Management

                                   Although the buyer is often based in corporate headquarters, far from the store’s branches and
                                   individual units, a good, steady relationship with the store or department managers is a must.
                                   These are the people who learn firsthand about customer merchandise requests and complaints
                                   and forward this information to the buyer to make adjustments to their inventories. These are
                                   also the  managers who might position the goods on the selling floor  in a manner that will
                                   enhance sales.





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