Retail Buying & Merchandising Certification Program

Growth oriented retail buying and merchandising course for all aspiring retail professionals for retailers also.

What you’ll learn
Retail B&M professionals
Retail store operations professionals interested for buying & merchandising role
Freshers opting for B&M role or career
Any professional
Retailers may explore this course
Requirements
Candidate with experience into retail is preferred
Fresh graudates may also apply to learn new retail B&M skills
Retail business owners and B&M professionals may persue this course
Description
A detailered B&M course gives 360 degree concept level understanding to the students. It also clears some of the key concepts and queries we generally have in the retail industry. It als upksill the students for a fresh new role which help them grow as mature retail professionals and business owners. It covers the following topics 1) Buying & Merchandising Key role 2) Why warehouse & Supply chain 3) Buying and Merchandising concept understanding4) B&M retail terms 5) What is Gatekeeper Margin?6) Merchandise Floor walk 7) 360 degree B&M understanding 8) Concept of understanding of Private label9) Understanding of working capital concept10) Selection of vendor process11) Point to look for planning sub category 12) Effective way of doing vendor negotiations 13) Retail science Pentagon 14) Retail margin negotations understanding 15) Vendor returns16) What is other income in B&M17) Importance of Fill rates 18) Understanding of floor layout 19) Retail master understanding 20) Retail maths video 121) Retail maths video 222) Pricing strategy 23) Pricing medhods 24 Visual merchandising understanding This course will enable all the students to experience advance level of retail business understanding. It will open up mind to look at retail with new lens. It will develop the students to mature retail professional. This will help them to earn higher sales and profits in the business. Additional thoughtsMerchandisers employ a number of different strategies to attract buyers to make purchases, including window and in-store displays, strategic grouping of products, well-stocked shelves that have clear signage, the highlighting of certain promotional products, samples and other freebies, in-store demonstrations, and other in-store advertisements. Cleanliness and neatness are also important, as they are synonymous with professionalism. A business’s online store should also use merchandising strategies to appeal to online shoppers.2

Overview

Section 1: Buying & Merchandising key functions

Lecture 1 Buying & Merchandising key role

Lecture 2 Buying and merchandising concept understanding

Lecture 3 360 degree B&M understanding

Lecture 4 Retail science pentagon

Lecture 5 Why Warehouse and supply chain concept is important for Buying & merchandising ?

Section 2: Critical videos to watch

Lecture 6 What is Gatekeepr Margin ?

Lecture 7 Merchandise Floor walk

Lecture 8 Concept understanding of private label products importance

Lecture 9 Understanding working capital concept for B&M

Lecture 10 Selection of vendor process

Lecture 11 Point to look for planning sub catgeory role

Lecture 12 Effective way of doing vendor negotiations

Lecture 13 Retail margin negotiations understanding

Lecture 14 Vendor returns

Lecture 15 What is other income in B&M

Lecture 16 Importance of Fill rates

Lecture 17 Understanding of Floor layout

Lecture 18 Retail master understanding

Lecture 19 Retail maths video 1

Lecture 20 Retail Maths video 2

Lecture 21 Pricing Strategy

Lecture 22 Pricing methods

Lecture 23 Visual merchandising

This course will increase deeper level understanding buying and merchandising function of retail business