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Main -> Retail Industry -> Buying Activities

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Buying Activities
MAR_BMcourse4
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Brand: Martec International
Content Type: Individual Course
Bundle Feature: Also available as part of a bundle
Communication Method: AICC
Technical RequirementsClick here for details
 
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Buying Activites is the fourth of the 7 modules in the Buying & Merchandising course. It is available as part of the larger Buying & Merchandising course or as a separate stand-alone module.

By the end of this module you should be able to:
  1. Explain the activities a typical buyer engages in and whom they must delegate to and network with to effectively perform these functions.
  2. Describe the retail purchasing process.
  3. Define common strategies retailers use when negotiating with vendors.
  4. Describe the merchandise selection process
  5. Explain the process and considerations made when developing a promotional plan.
  6. Evaluate the promotional sales potential of an item based on key criteria.
Estimated time to review this module is 1 hour.
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