Asked by: Evelina Holoshin
asked in category: General Last Updated: 21st January, 2020

What is the role of a buyer?

Buyers are primarily responsible for the planning, selecting and buying of merchandise for retail establishments. Duties include market research, competitor analysis, product evaluations and testing, monitoring purchase orders and creating reports for the management team.

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Likewise, people ask, what skills do you need to be a buyer?

If you want to work in retail buyer jobs, the skills employers look for include:

  • Good analytical skills.
  • Creativity.
  • The ability to recognise future trends.
  • Excellent commercial awareness.
  • Communication skills.
  • Confidence and presentation skills.
  • Ability to make decisions under pressure.
  • Negotiation skills.

Beside above, who does a buyer report to? Most Retail Buyers have an area of expertise, such as shoes, women's fashion or accessories but if working for a smaller company they may be required to purchase a large assortment of different kinds of merchandise. A Retail Buyer often works independently, but will report to store management.

Secondly, what is the role of a buyer in retail?

A retail buyer is responsible for planning, selecting and purchasing quantities of goods and merchandise that are sold in retail stores. They source new and review existing goods to ensure their products remain competitive.

What makes a great buyer?

Buyers have to trust the sales person. They have to allow others to work with them to solve the problem. Good buyers do their due dillegence. They weigh their options, they are sure of their direction and they make decisions.

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