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Become A Merchant

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Working As A Merchant

  • Interacting With Computers
  • Getting Information
  • Evaluating Information to Determine Compliance with Standards
  • Performing for or Working Directly with the Public
  • Identifying Objects, Actions, and Events
  • Deal with People

  • Unpleasant/Angry People

  • Repetitive

  • $100,000

    Average Salary

What Does A Merchant Do At Home Depot

* Supplier Relationship Management: Influences the supplier management strategy to support overall department strategy and works to improve all aspect of supplier relationship.
* May serve as a key contributor on various other key projects.
* Financial Planning & Management: Implements the financial strategy/ cost structure for a category and sets pricing.
* Merchandising Execution: Develops merchandising strategy to understand key business drivers (e.g. historical performance, industry/ competitive landscape, consumer segmentation) May serve as a key contributor on various key projects within a business function.
* Assortment Selection: Executes the business review of category/ categories on a regular basis; determining changes to product mix to better optimize assortment and drive innovation.
* Nature and Scope:
* Typically reports to Merchandising Vice President or Divisional Merchandise Manager.
* Partial or full responsibility for managing the Merchant Associate(s

What Does A Merchant Do At Dollar Tree

* Responsible for performing item set-up and maintenance 
* Responsible for managing purchase order creation, adjustments, and arrival date accuracy for both Domestic and Import orders 
* Responsible for ordering and tracking vendor samples for uses including but not limited to sample approval, plan-o-guide and Planner sets, photography, etc. 
* Responsible for running standard weekly and monthly reports 
* Responsible for tracking status of purchase orders by querying information from Logistics 
* Responsible for providing vendor support for item and/or purchase order questions or issues 
* Responsible for coordinating the data entry of promotional activity information

What Does A Merchant Do At Ross Stores, Inc.

* Provide creative leadership and strategic direction.
* Develop long-range plans to respond to the needs of the business and the availability of the marketplace.
* Identify current and upcoming fashion trends to translate and incorporate those trends into meaningful opportunities for the Ross customer at the right value.
* Direct selection and purchase of merchandise for stores.
* Provide direction in sales planning, pricing and merchandise assortment.
* Establish annual volume, margin and open-to-buy plans for each category.
* Monitor stock, sales and markdowns to ensure that plans are met.
* Recommend and establish company purchasing policies and procedures.
* Review/approve (with each Buyer) vendors and vendor plans, as well as assortment plans to ensure maximization of sales.
* Recommend/implement and conduct performance appraisals of direct reports.
* Assist in coaching/counseling as needed.
* Drive importance of proper assessment of all merchants.
* Accountabilities:
* Sales volume
* Gross margin and merchandising expense control
* Merchandising budgets
* Merchandising calendar
* Effective assessment and development of staff

What Does A Merchant Do At Hallmark Cards

* Build product assortments with team using line planning tool, with analysis of trends, prior sales, inventory levels, product cost, open-to-buy, etc. as input.
* This is an iterative and highly collaborative process that the Product Manager leads with the cross-functional team.
* Manage the time and action calendar and lead the full scope of product delivery, including procurement packaging, catalog and logistics.
* Communicate with external partners abroad throughout the product development cycle – managing the schedule, price negotiations, sample status, and more.
* Lead end-to-end execution and facilitate the full scope of product delivery, including procurement, packaging, catalog and logistics.
* Play a lead role in the selling process – as our product and brand expert in trade shows, in partnering with our national sales managers, sales rep groups and in direct presentations to customers.
* Domestic and international travel
* The Product Manager we seek is passionate, curious, driven and highly agile – both how they learn and adapt to change.
* We seek someone who holds themselves and others accountable to a high level of performance, and is a jack-of-all trades not because they have to do it all, but because they need to effectively get work done through so many others.
* Excellent communication skills, ability to manage multiple and competing priorities in a fast paced, often changing environment are a must.
* Must have strong ability to connect the dots on all trends in the marketplace (and economy, etc) to then translate them into strong product lines and brands.
* There’s no place for ego on our team – it takes all of us to make it happen – and we’re looking for the product manager whose personal leadership skills are as strong as their merchant skills, the one that everyone wants to work with because they are just.that.good

What Does A Merchant Do At Fossil

* Manage, maintain and elevate assortments
* Partner with global/regional teams on special assortment needs
* Align with omnichannel merchant team on assortments and product highlights
* Collaborate with Planning team on reporting to understand best sellers, attribute reports, sell through information, etc.
* Process competitive analysis to apply to business recommendations
* Work with retail field management teams on special product requests and trends in the market place
* Assist with seasonal floor set/planogram calendar and product features
* Provide all merchandising communication to Store Operations team
* Share and provide direction on seasonal and core assortments with Training team
* Work with Store Operations to ensure promotional marketing is allocated and to stores
* Partner with Visual Merchandising team to ensure all floor sets, planograms and special event marketing is delivered timely
* Get To Know Us:
* Fossil Group is a global retailer specializing in the design, innovation and marketing of fashion lifestyle and accessory products.
* At the heart of Fossil Group's vision is a commitment to fostering creativity and delivering the best in design through its three core businesses: the Fossil brand; the Skagen brand; and a multi-brand watch portfolio business.
* This portfolio includes adidas, Armani Exchange, Diesel, DKNY, Emporio Armani, Karl Lagerfeld, Marc Jacobs, Michael Kors, Michele, Misfit, Relic, Tory Burch and Zodiac.
* Fossil Group is constantly developing its businesses through core competencies in innovative branding, world-class design and dynamic global distribution.
* Division:
* Corporate
* Job Status:
* Full Time
* Brand Name:
* Watch Station

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How To Become A Merchant

Most tellers have a high school diploma and receive about 1 month of on-the-job training. Some banks do background checks before hiring a new teller.

Education

Tellers usually need a high school diploma or equivalent. Some tellers may take some college courses, but a degree is rarely required for a job applicant to be hired. 

Training

New tellers usually receive brief on-the-job training, typically lasting about 1 month. Normally, a head teller or another experienced teller trains them. During this training, tellers learn how to balance cash drawers and verify signatures. They also learn the computer software that their bank uses and the financial products and services the bank offers.

Advancement

Experienced tellers can advance within their bank. They can become head tellers or move to other supervisory positions. Some tellers can advance to other occupations, such as loan officer. They can also move to sales positions.

Important Qualities

Customer-service skills. Tellers spend their day interacting with bank customers. They must be friendly, helpful, and patient. They must be able to understand customer needs and explain service options to their customers.

Detail oriented. Tellers must be sure not to make errors when dealing with customers’ money. 

Math skills. Because they count and handle large amounts of money, tellers must be good at arithmetic.

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Merchant jobs

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Merchant Career Paths

Merchant
Personal Banker Branch Manager General Manager
Account Manager
5 Yearsyrs
Member Service Representative Service Representative Account Manager
Area Manager
7 Yearsyrs
Senior Teller Personal Banker
Banking Center Manager
5 Yearsyrs
Personal Banker Assistant Branch Manager
Branch Manager
6 Yearsyrs
General Manager District Manager Loan Officer
Branch Manager/Loan Officer
5 Yearsyrs
Service Representative Assistant Branch Manager
Branch Operations Manager
6 Yearsyrs
Senior Technician Specialist Project Manager Program Manager
Business Development Manager
9 Yearsyrs
Member Service Representative Office Manager
Business Manager
7 Yearsyrs
Senior Buyer Purchasing Manager General Manager
Center Manager
6 Yearsyrs
Account Manager Sales Manager
Director Of Sales
10 Yearsyrs
Office Manager Operations Manager General Manager
District Manager
7 Yearsyrs
Senior Teller Office Manager Branch Manager
Finance Center Manager
6 Yearsyrs
Senior Buyer Operations Manager Assistant Vice President
Manager, Assistant Vice President
7 Yearsyrs
Senior Technician Specialist Senior Software Engineer Business Analyst
Product Manager
7 Yearsyrs
Service Specialist Operations Specialist Account Manager
Relationship Manager
6 Yearsyrs
Account Manager Account Executive
Sales Manager
5 Yearsyrs
Office Manager Account Manager
Senior Account Manager
7 Yearsyrs
General Manager Sales Consultant Senior Sales Representative
Senior Representative
5 Yearsyrs
Service Specialist Personal Banker Branch Manager
Vice President And Manager
10 Yearsyrs
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Merchant Demographics

Gender

  • Female

    57.4%
  • Male

    41.0%
  • Unknown

    1.6%

Ethnicity

  • White

    74.0%
  • Hispanic or Latino

    15.1%
  • Asian

    8.3%
  • Unknown

    1.9%
  • Black or African American

    0.7%
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Languages Spoken

  • Spanish

    47.3%
  • French

    8.8%
  • Chinese

    7.4%
  • Mandarin

    6.1%
  • German

    4.1%
  • Cantonese

    4.1%
  • Korean

    2.7%
  • Portuguese

    2.7%
  • Arabic

    2.7%
  • Armenian

    2.0%
  • Russian

    2.0%
  • Italian

    2.0%
  • Japanese

    2.0%
  • Hindi

    1.4%
  • Croatian

    1.4%
  • Swedish

    0.7%
  • Romanian

    0.7%
  • Dutch

    0.7%
  • Bulgarian

    0.7%
  • Hawaiian

    0.7%
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Merchant Education

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Real Merchant Salaries

Job Title Company Location Start Date Salary
Banner Lead Merchant Acme Markets Malvern, PA Nov 05, 2010 $170,000
SDE III, Salesforce, Merchant Groupon, Inc. Palo Alto, CA Jan 11, 2016 $150,000 -
$210,000
SDE III, Salesforce, Merchant Groupon, Inc. Palo Alto, CA Aug 22, 2016 $150,000 -
$210,000
Merchant Levi Strauss & Co. San Francisco, CA Oct 01, 2014 $132,635
Group Head, Key Merchants Mastercard International Incorporated NY Sep 20, 2012 $128,170 -
$250,000
Merchant Levi Strauss & Co. San Francisco, CA Oct 01, 2011 $115,369
Cotton Merchant Louis Dreyfus Commodities LLC TN Jan 04, 2016 $115,000
Wheat Merchant Cargill, Incorporated Coral Gables, FL Sep 04, 2014 $113,303 -
$116,392
Chief Merchant Epantry LLC San Francisco, CA Jan 02, 2016 $110,074
Merchant Levi Strauss & Co. San Francisco, CA May 25, 2012 $100,322
Category Merchant-Natural Foods Wegmans Food Markets, Inc. Rochester, NY Jul 11, 2011 $99,160 -
$109,160
Global Category Merchant-Men's Footwear NIKE, Inc. Beaverton, OR Jun 27, 2016 $99,000
Cotton Merchant Louis Dreyfus Commodities LLC TN Oct 01, 2014 $95,000
Cotton Merchant Louis Dreyfus Commodities LLC TN May 27, 2013 $95,000
Merchant II Cargill, Incorporated Coral Gables, FL Aug 18, 2011 $93,000
Merchant Abercrombie & Fitch Trading Co. New Albany, OH Apr 11, 2015 $91,562 -
$115,000
Merchant Lands' End, Inc. Dodgeville, WI Aug 15, 2011 $85,000
Merchant II Cargill, Incorporated Coral Gables, FL Aug 18, 2011 $80,440 -
$93,000
Merchant Abercrombie & Fitch Trading Co. New Albany, OH Oct 01, 2015 $75,712 -
$115,000
Merchant Cargill, Incorporated Coral Gables, FL Oct 05, 2013 $70,932 -
$71,004
Cotton Merchant Allenberg Cotton Co TN Jan 04, 2013 $70,000
Merchant Cargill, Incorporated Coral Gables, FL Jun 24, 2014 $57,600 -
$71,004
Cotton Merchant Allenberg Cotton Co TN Jan 04, 2010 $55,000
Merchant I Cargill, Incorporated Wayzata, MN Sep 03, 2014 $52,104 -
$60,000
Freight Merchant-Freight Trading Group Cargill, Incorporated Teaneck, NJ Sep 26, 2013 $51,806 -
$55,000
Freight Merchant-Freight Trading Group Cargill, Incorporated Teaneck, NJ Sep 20, 2013 $51,806 -
$55,000

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Top Skills for A Merchant

CustomerServiceSkillsMerchantsFinancialTransactionsMerchandiseExecutionATMForeignCurrencyOnlineBankProductsSalesGoalsNewAccountsDataEntryPhoneCallsPOSBusinessOwnersBusinessCustomersCustomerSatisfactionBuyersBusinessClientsLargeAmountsProductDevelopment

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Top Merchant Skills

  1. Customer Service Skills
  2. Merchants
  3. Financial Transactions
You can check out examples of real life uses of top skills on resumes here:
  • Utilized organizational and customer service skills in ordering and distributing products to a wide business network.
  • Assisted in problem resolution for various merchants to include: billing, customer service, pricing, and rate issues.
  • Process financial transactions accurately and efficiently in accordance with established policies and procedures.
  • Analyzed reporting as needed, to determine merchandise execution, product training and coaching actions for the district.
  • Processed night deposits and ATM transactions Preformed buys/sells to and from tellers.

Top Merchant Employers

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