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Vice president, merchandising vs division vice president

The differences between vice presidents, merchandising and division vice presidents can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a vice president, merchandising and a division vice president. Additionally, a vice president, merchandising has an average salary of $194,178, which is higher than the $158,729 average annual salary of a division vice president.

The top three skills for a vice president, merchandising include apparel, sales growth and gross margin. The most important skills for a division vice president are healthcare, oversight, and business development.

Vice president, merchandising vs division vice president overview

Vice President, MerchandisingDivision Vice President
Yearly salary$194,178$158,729
Hourly rate$93.35$76.31
Growth rate6%6%
Number of jobs42,80368,176
Job satisfaction--
Most common degreeBachelor's Degree, 82%Bachelor's Degree, 74%
Average age4444
Years of experience66

What does a vice president, merchandising do?

Merchandising is everything that happens from when a product is delivered to a retail store to when a shopper buys it from the shelf. A vice president of merchandising promotes the services and products of their company at events like exhibits, concerts, or retail outlets. They are tasked with creating plans for the introduction and promotion of new products based on customer research. Also, they analyze market trends and observe the behavior of competitors to develop strategies for product promotion.

What does a division vice president do?

Division Vice Presidents are company executives that oversee a particular department or division. They are often employed in companies with a varied product line or wide geographical reach, thus needing divisions to streamline processes. Division Vice Presidents should have a solid background in the particular division that they are handling. They ensure that their division's performance is at par or would even exceed company targets and expectations.

Vice president, merchandising vs division vice president salary

Vice presidents, merchandising and division vice presidents have different pay scales, as shown below.

Vice President, MerchandisingDivision Vice President
Average salary$194,178$158,729
Salary rangeBetween $131,000 And $286,000Between $104,000 And $240,000
Highest paying CitySeattle, WAMahwah, NJ
Highest paying stateAlaskaConnecticut
Best paying companyAltar'd StateBarclays
Best paying industryRetailMedia

Differences between vice president, merchandising and division vice president education

There are a few differences between a vice president, merchandising and a division vice president in terms of educational background:

Vice President, MerchandisingDivision Vice President
Most common degreeBachelor's Degree, 82%Bachelor's Degree, 74%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Vice president, merchandising vs division vice president demographics

Here are the differences between vice presidents, merchandising' and division vice presidents' demographics:

Vice President, MerchandisingDivision Vice President
Average age4444
Gender ratioMale, 65.0% Female, 35.0%Male, 78.4% Female, 21.6%
Race ratioBlack or African American, 6.2% Unknown, 4.3% Hispanic or Latino, 15.4% Asian, 6.4% White, 67.1% American Indian and Alaska Native, 0.5%Black or African American, 6.3% Unknown, 4.3% Hispanic or Latino, 15.4% Asian, 6.4% White, 67.1% American Indian and Alaska Native, 0.5%
LGBT Percentage10%10%

Differences between vice president, merchandising and division vice president duties and responsibilities

Vice president, merchandising example responsibilities.

  • Drive replenishment through vigilant maintenance of key in-store metrics to drive POS performance and achieve Tandy corporate financial plans.
  • Lead commercial operations including structuring and closing strategic partnerships and building a unique business intelligence platform for the healthcare industry.
  • Negotiate major telecommunications and B2B e-commerce programs netting $6.3 million run rate savings.
  • Direct marketing, merchandising and advertising functions for e-commerce business.
  • Conduct product performance reviews focuse on mix optimization and inventory ROI.
  • Facilitate consensus on in-store presentation that supports company initiatives and ROI.
  • Show more

Division vice president example responsibilities.

  • Manage strategic alliances with distributor executives, together with communication and oversight of all corporate objectives and strategies.
  • Evaluate progress of program plans to determine whether overall command-wide objectives are being accomplish economically with reference to budget and manpower.
  • Evaluate progress of program plans to determine whether overall command-wide objectives are being accomplish economically with reference to budget and manpower.
  • Develop and submit quarterly reports of outcomes data to Medicare.
  • Complete search and execute agreements for local Korean sales representation for Hyundai and Kia in Seoul.
  • Develop Renault and Nissan as new customers.
  • Show more

Vice president, merchandising vs division vice president skills

Common vice president, merchandising skills
  • Apparel, 8%
  • Sales Growth, 7%
  • Gross Margin, 6%
  • Product Development, 6%
  • Direct Reports, 5%
  • Product Assortment, 4%
Common division vice president skills
  • Healthcare, 18%
  • Oversight, 8%
  • Business Development, 5%
  • Financial Statements, 4%
  • Risk Management, 4%
  • Due Diligence, 4%

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