A Merchandise analyst or merchandise planner is in charge of planning and monitoring a company inventory. Merchandize analysts also follow the charts of the sales, profits, or losses of the company or store they work for. Some of the responsibilities of a merchandise analyst include analyzing consumer patterns and presenting the data analyses to store managers, planners, and executives of a company for key decision making. Merchandize analysts often offer insights and help plan strategies that can help increase a company's revenue and minimize loss. You will also assist in planning implementation and reviewing a company's inventory allocation strategies, merchandise assortment, and other related strategies.

A bachelor's degree in business, supply chain management, finance, and other related fields is needed for this role. In addition to this, a merchandise analyst must have a good analytic ability, excellent problem-solving skills, and be good at making decisions. Good communication skill is also needed for this role as well as a good sense of time management, negotiation, and organization. Merchandize analysts are must be good with data entry and inventory reporting. The average yearly salary of a merchandise analyst is $72,280.

What Does a Merchandise Analyst Do

There are certain skills that many merchandise analysts have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed detail oriented, analytical skills and communication skills.

Learn more about what a Merchandise Analyst does

How To Become a Merchandise Analyst

If you're interested in becoming a merchandise analyst, one of the first things to consider is how much education you need. We've determined that 83.2% of merchandise analysts have a bachelor's degree. In terms of higher education levels, we found that 6.2% of merchandise analysts have master's degrees. Even though most merchandise analysts have a college degree, it's possible to become one with only a high school degree or GED.

Learn More About How To Become a Merchandise Analyst

Merchandise Analyst Career Paths

Average Salary for a Merchandise Analyst

Merchandise Analysts in America make an average salary of $67,933 per year or $33 per hour. The top 10 percent makes over $92,000 per year, while the bottom 10 percent under $49,000 per year.
Average Merchandise Analyst Salary
$67,933 Yearly
$32.66 hourly
$49,000
10 %
$67,000
Median
$92,000
90 %

What Am I Worth?

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How To Become a Merchandise Analyst
How To Become a Merchandise Analyst Career Overview

States With The Most Merchandise Analyst Jobs

Mouse over a state to see the number of active merchandise analyst jobs in each state. The darker areas on the map show where merchandise analysts earn the highest salaries across all 50 states.

Average Salary: Job Openings:

Number Of Merchandise Analyst Jobs By State

RankStateNumber of JobsAverage Salary
1California1,251$72,024
2New York843$73,375
3Texas708$67,731
4Virginia603$64,901
5Illinois559$67,537
6Florida559$51,011
7Maryland447$68,006
8Massachusetts428$69,889
9Georgia395$67,158
10Pennsylvania389$74,353
11North Carolina387$70,718
12Ohio372$69,063
13New Jersey370$79,300
14Michigan333$74,469
15Colorado313$64,953
16Minnesota264$72,238
17Arizona251$59,340
18Missouri228$67,401
19Indiana225$60,151
20Washington190$101,734
21Wisconsin185$52,348
22Tennessee184$69,013
23Alabama147$54,850
24Utah138$63,207
25Oregon133$76,345
26Iowa127$64,466
27Connecticut122$74,679
28South Carolina121$58,776
29Kentucky114$49,420
30Kansas106$57,844
31Nevada102$63,201
32Arkansas99$61,116
33New Hampshire91$68,267
34Nebraska79$62,864
35Louisiana73$60,744
36Idaho68$61,999
37Oklahoma68$50,893
38New Mexico65$59,665
39Mississippi62$45,037
40Rhode Island55$63,929
41Hawaii48$61,030
42West Virginia48$54,655
43Delaware47$94,624
44Montana42$67,290
45North Dakota42$63,475
46Alaska40$73,102
47Maine36$66,768
48South Dakota36$63,278
49Vermont31$62,827
50Wyoming25$57,078

Merchandise Analyst Education

Merchandise Analyst Majors

30.9 %
14.3 %

Merchandise Analyst Degrees

Bachelors

83.2 %

Associate

8.2 %

Masters

6.2 %

Top Colleges for Merchandise Analysts

1. University of Georgia

Athens, GA • Private

In-State Tuition
$11,830
Enrollment
29,474

2. University of Pennsylvania

Philadelphia, PA • Private

In-State Tuition
$55,584
Enrollment
10,764

3. University of Wisconsin - Madison

Madison, WI • Private

In-State Tuition
$10,555
Enrollment
30,360

4. University of Maryland - College Park

College Park, MD • Private

In-State Tuition
$10,595
Enrollment
30,184

5. Ball State University

Muncie, IN • Private

In-State Tuition
$9,896
Enrollment
15,529

6. Northwestern University

Evanston, IL • Private

In-State Tuition
$54,568
Enrollment
8,451

7. University of Minnesota - Twin Cities

Minneapolis, MN • Private

In-State Tuition
$14,760
Enrollment
31,451

8. University of Nebraska - Lincoln

Lincoln, NE • Private

In-State Tuition
$9,242
Enrollment
20,592

9. Stanford University

Stanford, CA • Private

In-State Tuition
$51,354
Enrollment
7,083

10. Purdue University

West Lafayette, IN • Private

In-State Tuition
$9,992
Enrollment
33,495

Top Skills For a Merchandise Analyst

The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 14.1% of merchandise analysts listed powerpoint on their resume, but soft skills such as detail oriented and analytical skills are important as well.

Choose From 10+ Customizable Merchandise Analyst Resume templates

Zippia allows you to choose from different easy-to-use Merchandise Analyst templates, and provides you with expert advice. Using the templates, you can rest assured that the structure and format of your Merchandise Analyst resume is top notch. Choose a template with the colors, fonts & text sizes that are appropriate for your industry.

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Merchandise Analyst Demographics

Merchandise Analyst Gender Distribution

Female
Female
63%
Male
Male
37%

After extensive research and analysis, Zippia's data science team found that:

  • Among merchandise analysts, 63.4% of them are women, while 36.6% are men.

  • The most common race/ethnicity among merchandise analysts is White, which makes up 71.1% of all merchandise analysts.

  • The most common foreign language among merchandise analysts is Spanish at 31.1%.

Work Experience Programs For Merchandise Analysts

Virtual work experience programs replicate work at top companies and help you gain the skills to be successful when applying and working there. In only a few hours, learn the relevant tools necessary to complete a typical work day at that company. Virtual work experience programs are 100% free, open-access, and self-paced. No experience or application is required!

Global Private Bank Program

Company: JPMorgan Chase

Cost: Free

Duration: 4.5-6 hours

Wealth Management Program

Company: Goodbody

Cost: Free

Duration: 5-6 hours

Markets - Sales & Trading Program

Company: Citi APAC

Cost: Free

Duration: 5-6 hours

Product Design Program

Company: Accenture North America

Cost: Free

Duration: 4 hours

Markets (Sales & Trading) Program

Company: JPMorgan Chase

Cost: Free

Duration: 4-5 hours

Commercial Banking Innovation Development Program Program

Company: JPMorgan Chase

Cost: Free

Duration: 8-12 hours

Data Analytics and Visualization Program

Company: Accenture North America

Cost: Free

Duration: 5-6 hours

Financial Audit Program

Company: PwC Switzerland

Cost: Free

Duration: 5-6 hours

Data Analytics Program

Company: KPMG AU

Cost: Free

Duration: 2-3 hours

Omnichannel Marketing Program

Company: lululemon

Cost: Free

Duration: 2-2.5 hours

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Best States For a Merchandise Analyst

Some places are better than others when it comes to starting a career as a merchandise analyst. The best states for people in this position are Washington, Delaware, New Jersey, and Oregon. Merchandise analysts make the most in Washington with an average salary of $101,734. Whereas in Delaware and New Jersey, they would average $94,624 and $79,300, respectively. While merchandise analysts would only make an average of $76,345 in Oregon, you would still make more there than in the rest of the country. We determined these as the best states based on job availability and pay. By finding the median salary, cost of living, and using the Bureau of Labor Statistics' Location Quotient, we narrowed down our list of states to these four.

1. New Jersey

Total Merchandise Analyst Jobs:
370
Highest 10% Earn:
$108,000
Location Quotient:
1.13

2. Delaware

Total Merchandise Analyst Jobs:
47
Highest 10% Earn:
$130,000
Location Quotient:
0.91

3. Michigan

Total Merchandise Analyst Jobs:
333
Highest 10% Earn:
$102,000
Location Quotient:
1.04
Full List Of Best States For Merchandise Analysts

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Top Merchandise Analyst Employers

Most Common Employers For Merchandise Analyst

RankCompanyAverage SalaryHourly RateJob Openings
1Michaels Stores$91,570$44.0211
2Nordstrom$82,500$39.6610
3Walgreens$81,102$38.9915
4Barnes & Noble$80,503$38.706
5The TJX Companies$79,081$38.0211
6Spencer's$78,709$37.8412
7Kohl's$76,125$36.6067
8Goodies Etc.$75,342$36.227
9Target$73,610$35.3941
10The Home Depot$72,783$34.9918

Merchandise Analyst Videos