Post job

Retail buyer vs assistant buyer

The differences between retail buyers and assistant buyers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become a retail buyer, becoming an assistant buyer takes usually requires More than 10 years. Additionally, a retail buyer has an average salary of $52,720, which is higher than the $49,586 average annual salary of an assistant buyer.

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

Retail buyer vs assistant buyer overview

Retail BuyerAssistant Buyer
Yearly salary$52,720$49,586
Hourly rate$25.35$23.84
Growth rate--
Number of jobs74,25415,090
Job satisfaction--
Most common degreeBachelor's Degree, 68%Bachelor's Degree, 79%
Average age4447
Years of experience4-

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.

What does an assistant buyer do?

An assistant buyer participates and assists in the procurement procedures in a retail company. One of their primary responsibilities revolves around selecting products according to company guidelines, handling and organizing purchase orders, and monitoring the budget. An assistant buyer may also have administrative support tasks such as responding to calls and correspondence, preparing paperwork and progress reports, arranging schedules, keeping records of invoices and inventory, and staying updated with trends. Furthermore, an assistant buyer must reach out to new suppliers and engage with vendors to maintain and establish a positive business relationship.

Retail buyer vs assistant buyer salary

Retail buyers and assistant buyers have different pay scales, as shown below.

Retail BuyerAssistant Buyer
Average salary$52,720$49,586
Salary rangeBetween $38,000 And $72,000Between $36,000 And $67,000
Highest paying CityEdison, NJNew York, NY
Highest paying stateNew JerseyNew Jersey
Best paying companyVFFashion Nova
Best paying industryStart-upManufacturing

Differences between retail buyer and assistant buyer education

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

Retail BuyerAssistant Buyer
Most common degreeBachelor's Degree, 68%Bachelor's Degree, 79%
Most common majorBusinessBusiness
Most common collegeUniversity of AkronUniversity of Minnesota - Twin Cities

Retail buyer vs assistant buyer demographics

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

Retail BuyerAssistant Buyer
Average age4447
Gender ratioMale, 31.5% Female, 68.5%Male, 23.5% Female, 76.5%
Race ratioBlack 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%Black or African American, 3.8% Unknown, 3.1% Hispanic or Latino, 9.9% Asian, 6.6% White, 75.8% American Indian and Alaska Native, 0.8%
LGBT Percentage9%15%

Differences between retail buyer and assistant buyer duties and responsibilities

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

Assistant buyer example responsibilities.

  • Manage open-to-buy to ensure continual flow of merchandise to stores and warehouses with careful attention to advertise events and promotions.
  • Inspect, grade and appraise agricultural commodities, durable goods, and merchandise for sale.
  • Train employees on POS system to keep accurate sales, inventory levels, and employee hours.
  • Collaborate with DMM and GMM to complete accurate financial strategy to be sign off by CEO.
  • Partner with advertising to execute POS and brand driven events through mailers, email blasts and marketing.
  • Analyze product trends and historical data at classification level; review IMU, AUR and penetration variances.
  • Show more

Retail buyer vs assistant buyer skills

Common retail buyer skills
  • Gross Margin, 8%
  • Vendor Relations, 8%
  • Customer Service, 7%
  • Retail Management, 7%
  • Retail Store, 6%
  • Market Trends, 6%
Common assistant buyer skills
  • Purchase Orders, 16%
  • Vendor Relations, 10%
  • Customer Service, 8%
  • Math, 7%
  • Apparel, 4%
  • Open-To-Buy, 4%

Browse business and financial jobs