Career - Retail Buyer

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Retail Buyers will obtain information from store executives, salespeople and sales records data about stock levels and fast-moving and slow-moving goods and will consider which goods will sell well in particular locations and what prices customers are prepared to pay. They will research customer demands and trends by processing store sales and inventory reports and will manage and analyse stock levels and order points using computers and statistics. They will try to anticipate changes in customer demand for particular goods, as goods must be purchased well before their sale to customers and will inspect, compare and select goods at manufacturers' or agents' premises. They will contact suppliers to replenish stocks and will be aware of relevant legal information such as consumer rights and store licensing. They will communicate frequently with store management to discuss planning, budgeting, sales promotions and advertising campaigns and will also attend trade fairs and other displays interstate and overseas to obtain information about the range of products available.
Avg Salary
Australia  $76,250 AUD
United Kingdom  £70,000 GBP
United States of America  $62,604 USD
New Zealand  $65,751 NZD
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