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Wholesale and retail merchant vs senior merchandise buyer

The differences between wholesale and retail merchants and senior merchandise buyers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a wholesale and retail merchant and a senior merchandise buyer. Additionally, a senior merchandise buyer has an average salary of $55,140, which is higher than the $55,137 average annual salary of a wholesale and retail merchant.

The top three skills for a wholesale and retail merchant include product development, apparel and bottom line. The most important skills for a senior merchandise buyer are market trends, trade shows, and product development.

Wholesale and retail merchant vs senior merchandise buyer overview

Wholesale And Retail MerchantSenior Merchandise Buyer
Yearly salary$55,137$55,140
Hourly rate$26.51$26.51
Growth rate19%-
Number of jobs61,22015,693
Job satisfaction--
Most common degreeBachelor's Degree, 55%Bachelor's Degree, 69%
Average age4444
Years of experience44

Wholesale and retail merchant vs senior merchandise buyer salary

Wholesale and retail merchants and senior merchandise buyers have different pay scales, as shown below.

Wholesale And Retail MerchantSenior Merchandise Buyer
Average salary$55,137$55,140
Salary rangeBetween $38,000 And $79,000Between $39,000 And $76,000
Highest paying City--
Highest paying state--
Best paying company--
Best paying industry--

Differences between wholesale and retail merchant and senior merchandise buyer education

There are a few differences between a wholesale and retail merchant and a senior merchandise buyer in terms of educational background:

Wholesale And Retail MerchantSenior Merchandise Buyer
Most common degreeBachelor's Degree, 55%Bachelor's Degree, 69%
Most common majorBusinessBusiness
Most common collegeUniversity of AkronUniversity of Akron

Wholesale and retail merchant vs senior merchandise buyer demographics

Here are the differences between wholesale and retail merchants' and senior merchandise buyers' demographics:

Wholesale And Retail MerchantSenior Merchandise Buyer
Average age4444
Gender ratioMale, 57.1% Female, 42.9%Male, 38.4% Female, 61.6%
Race ratioBlack 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%Black or African American, 8.9% Unknown, 4.6% Hispanic or Latino, 16.0% Asian, 6.2% White, 64.0% American Indian and Alaska Native, 0.3%
LGBT Percentage9%9%

Differences between wholesale and retail merchant and senior merchandise buyer duties and responsibilities

Wholesale and retail merchant example responsibilities.

  • Manage Nintendo's promotional programs; secure and maintain point-of-purchase displays that alert customers to brand availability.
  • Execute daily operations of apparel production.
  • Respond to written and telephone requests for purchases of girls' apparel.
  • Manage Nintendo's promotional programs; secure and maintain point-of-purchase displays that alert customers to brand availability.
  • Work at upselling photo products to customers.

Senior merchandise buyer example responsibilities.

  • Coordinate and provide direction to inventory teams by managing product placement, open-to-buy, and logistics.
  • Work closely with the logistics department and internal warehouse to coordinate just in time deliveries and maintain daily inventory reconciliation.
  • Manage business relationship with Japanese OEM of wide-format printer engines.

Wholesale and retail merchant vs senior merchandise buyer skills

Common wholesale and retail merchant skills
  • Product Development, 28%
  • Apparel, 26%
  • Bottom Line, 19%
  • Customer Service, 17%
  • Retail Sales, 10%
Common senior merchandise buyer skills
  • Market Trends, 24%
  • Trade Shows, 23%
  • Product Development, 12%
  • Drive Sales, 8%
  • Direct Reports, 7%
  • Gross Profit, 7%

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