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Associate buyer vs retail buyer

The differences between associate buyers and retail buyers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both an associate buyer and a retail buyer. Additionally, a retail buyer has an average salary of $52,720, which is higher than the $49,963 average annual salary of an associate buyer.

The top three skills for an associate buyer include customer service, purchase orders and math. The most important skills for a retail buyer are gross margin, vendor relations, and customer service.

Associate buyer vs retail buyer overview

Associate BuyerRetail Buyer
Yearly salary$49,963$52,720
Hourly rate$24.02$25.35
Growth rate--
Number of jobs14,94274,254
Job satisfaction--
Most common degreeBachelor's Degree, 75%Bachelor's Degree, 68%
Average age4444
Years of experience44

What does an associate buyer do?

An Associate Buyer maintains and keeps records of the inventory and disburses the different materials as required by the departments or personnel. The Associate Buyer reports to the Buyer or Senior Buyer.

What does a retail buyer do?

A retail buyer keeps accurate stock records so that they can purchase only necessary items for resale. They work within a specific budget and solve all the issues that arise with the supplier or merchandise. Besides determining contract terms and conditions, retail buyers also modify purchase orders as per the demand, availability, and season. Moreover, retail buyers choose the perfect merchandise to purchase by reviewing the catalogs. Furthermore, they locate, select, and procure merchandise for resale.

Associate buyer vs retail buyer salary

Associate buyers and retail buyers have different pay scales, as shown below.

Associate BuyerRetail Buyer
Average salary$49,963$52,720
Salary rangeBetween $36,000 And $68,000Between $38,000 And $72,000
Highest paying CityNew York, NYEdison, NJ
Highest paying stateNew YorkNew Jersey
Best paying companyVFVF
Best paying industryTechnologyStart-up

Differences between associate buyer and retail buyer education

There are a few differences between an associate buyer and a retail buyer in terms of educational background:

Associate BuyerRetail Buyer
Most common degreeBachelor's Degree, 75%Bachelor's Degree, 68%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Akron

Associate buyer vs retail buyer demographics

Here are the differences between associate buyers' and retail buyers' demographics:

Associate BuyerRetail Buyer
Average age4444
Gender ratioMale, 31.8% Female, 68.2%Male, 31.5% Female, 68.5%
Race ratioBlack or African American, 8.5% Unknown, 4.6% Hispanic or Latino, 16.9% Asian, 6.0% White, 63.7% American Indian and Alaska Native, 0.3%Black or African American, 8.1% Unknown, 4.5% Hispanic or Latino, 17.9% Asian, 5.8% White, 63.3% American Indian and Alaska Native, 0.3%
LGBT Percentage9%9%

Differences between associate buyer and retail buyer duties and responsibilities

Associate buyer example responsibilities.

  • Define and manage sales, markdowns, inventories (OTB plans) achieving financial objectives for all years in position.
  • Manage numerous RFP processes for the non-technology services.
  • Support include identifying and qualifying vendors, manage process for select RFP's and assist with bid assessments.
  • Work closely with planner and buyer to manage OTB and determine when to maximize business and when to protect liabilities.
  • Manage and develop successful relationships with top luxury watch and jewelry brands.
  • Coordinate and provide direction to inventory teams by managing product placement, open-to-buy, and logistics.
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Retail buyer example responsibilities.

  • Manage the open-to-buy (OTB) process by monitoring stock levels
  • Lead team of content support/merchandisers to achieve and consistently hit KPI goals.
  • Manage set up of new items as well as integration into POS system.
  • Manage open-to-buy to ensure continual flow of merchandise to stores and warehouses with careful attention to advertise events and promotions.
  • Key member of development team that implement JDA MMS software.
  • Maintain inventory and displays for jewelry and bath/body products.
  • Show more

Associate buyer vs retail buyer skills

Common associate buyer skills
  • Customer Service, 16%
  • Purchase Orders, 15%
  • Math, 5%
  • Vendor Relations, 5%
  • Logistics, 3%
  • Market Trends, 3%
Common retail buyer skills
  • Gross Margin, 8%
  • Vendor Relations, 8%
  • Customer Service, 7%
  • Retail Management, 7%
  • Retail Store, 6%
  • Market Trends, 6%

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