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The differences between retail buyers and wholesale and retail merchants can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a retail buyer and a wholesale and retail merchant. Additionally, a wholesale and retail merchant has an average salary of $55,137, which is higher than the $52,720 average annual salary of a retail buyer.
The top three skills for a retail buyer include gross margin, vendor relations and customer service. The most important skills for a wholesale and retail merchant are product development, apparel, and bottom line.
| Retail Buyer | Wholesale And Retail Merchant | |
| Yearly salary | $52,720 | $55,137 |
| Hourly rate | $25.35 | $26.51 |
| Growth rate | - | 19% |
| Number of jobs | 74,254 | 61,220 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 55% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
Retail buyers and wholesale and retail merchants have different pay scales, as shown below.
| Retail Buyer | Wholesale And Retail Merchant | |
| Average salary | $52,720 | $55,137 |
| Salary range | Between $38,000 And $72,000 | Between $38,000 And $79,000 |
| Highest paying City | Edison, NJ | - |
| Highest paying state | New Jersey | - |
| Best paying company | VF | - |
| Best paying industry | Start-up | - |
There are a few differences between a retail buyer and a wholesale and retail merchant in terms of educational background:
| Retail Buyer | Wholesale And Retail Merchant | |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 55% |
| Most common major | Business | Business |
| Most common college | University of Akron | University of Akron |
Here are the differences between retail buyers' and wholesale and retail merchants' demographics:
| Retail Buyer | Wholesale And Retail Merchant | |
| Average age | 44 | 44 |
| Gender ratio | Male, 31.5% Female, 68.5% | Male, 57.1% Female, 42.9% |
| Race ratio | 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% | Black or African American, 8.5% Unknown, 4.6% Hispanic or Latino, 15.7% Asian, 6.5% White, 64.4% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 9% | 9% |