Buying for Retail
Cost: $66.00
Buying for Retail
Overview
This is an invaluable course developed specifically for those individuals involved in the purchase and administration of merchandise within small-to-medium retail businesses.
The course explains how to effectively manage stock selection and buying for retail businesses. Managing stock involves a number of practical considerations, from analysing markets to negotiating with suppliers.
In addition to this, effective stock management depends on careful strategic planning, including balancing your merchandise range, and developing long-term financial merchandise plans. All of these aspects of stock management must be considered in order to maximise the profitability of your business.
Objectives
At the completion of this course, you should be able to:
- Buy the correct amount of stock;
- Maximise your sales and profit;
- Maximise your profit and purchasing decisions;
- Confidently balance your merchandise range;
- Develop buying plans to increase sales;
- Identify your customer;
- Negotiate the right deals.
Duration
This course will take you up to 1.5 hours (nominal) to complete.