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Merchandising Diploma Training

Accredited by CPD | Advanced Audiovisual Lessons | 24x7 Access & Full Tutor Support | Self-paced Course


One Education

Summary

Price
£20 inc VAT
Study method
Online
Duration
4 hours · Self-paced
Access to content
12 months
Qualification
No formal qualification
Additional info
  • Exam(s) / assessment(s) is included in price
  • Tutor is available to students

9 students purchased this course

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Overview

The Merchandising is all you need to advance your career in the relevant fields.

Enrol now to discover everything you need to know about the Merchandising and the skills to improve your talents in this field and be confident in your knowledge bucket with One Education as your right hand!

Meet the Accreditation

CPD Quality Standards (CPD QS) accreditation assure the Merchandising course training and learning activities are relevant, reliable, and upto date.

Expert Support

Dedicated tutor support and 24/7 customer support are available to all students with this premium quality course.

Key Benefits

  • Learning materials of the Design course contain engaging voiceover and visual elements for your comfort.
  • Get 24/7 access to all content for a full year.
  • Each of our students gets full tutor support on weekdays (Monday to Friday)

Course media

Description

Course Curriculum:

Module 01: Merchandising Theory

  • What is Merchandising?
  • Types of Merchandising
  • Factors Influencing
  • Functions of a Manager
  • Career as a Merchandiser
  • What Qualifications Do You Need?
  • What does It take?
  • What You'll do?
  • Career Path and Progression
  • Summary

Module 02: Product Management

  • Product Management
  • Aspects of Product Planning
  • Brand Management in Retailing
  • Principles of Brand Management
  • Types of Brands
  • Summary

Module 03: Merchandise Management

  • Merchandise Management
  • Merchandise Planning
  • Merchandise buying
  • Vendor Relations
  • Merchandise Performance
  • Logistics
  • Performance Goals
  • Supply Chain Management
  • Order Processing and Fulfilment
  • Transportation and Warehousing
  • Customer Transactions and Customer Service
  • Summary

Module 04: Inventory Management and Analysis

  • Inventory Management Concept
  • Using Inventory Analysis to Improve Business Operations
  • Benefits of Inventory Analysis
  • How Do You Analyse Inventory?
  • Key Metrics to Measure Inventory Efficiency
  • Average Inventory
  • Inventory Turnover
  • Rate of Return
  • GMROI
  • FIFO
  • LIFO
  • Example of FIFO and LIFO
  • Economic Order Quantity (EOQ)
  • Summary

Module 05: Merchandising Strategy

  • Elements
  • Salesfloor Layout
  • Interior Signage
  • Cross
  • The Use of Space
  • Colour
  • Lighting
  • Mass Displays
  • Interactive Technology
  • Best Practices
  • Properly Shelves
  • Staying on Top of Orders
  • Ensuring Retailer Compliance
  • Monitoring Competition
  • Collecting and Analysing Data
  • Takeaways
  • Summary

Module 06: Visual Merchandising

  • What is Visual Merchandising?
  • Who Does Visual Merchandising?
  • Visual Merchandising Techniques
  • Window Displays
  • Interactive Displays
  • POP Displays
  • Minimalism
  • Rule of Three
  • Creating Effective Displays
  • Think Vertical
  • Keep at Eye Level
  • Fill
  • Shop and Compare
  • Signage
  • Price
  • Maintenance
  • Full
  • Fronted
  • Clean
  • Complete
  • Summary

Module 07: Merchandise Pricing

  • Interactive Pricing Decisions
  • Merchandise
  • Location
  • Promotion
  • Credit
  • Customer Service
  • Store Image
  • Legal Constraints
  • Pricing Objectives
  • Profit Oriented Objectives
  • Sales Oriented Objectives
  • Status Quo Objectives
  • Pricing Policies
  • Below the Market
  • At the Market
  • Above the Market
  • Specific Pricing Strategies
  • Customary Pricing
  • Variable Pricing
  • Flexible Pricing
  • One-Price Policy
  • Price Lining
  • Odd Pricing
  • Multiple-Unit Pricing
  • Bundle Pricing
  • Leader Pricing
  • Promotional
  • Summary

Module 08: Importance of Consumer Behaviour

  • What We Mean by Consumer Behaviour
  • How to Interpret Consumer Behaviour for Your Own Advantage
  • How to Deal With Issues Related to Behaviour
  • The Difference That Understanding Consumer Behaviour Makes to Your Store
  • Summary

Module 09: Consumer Rights Act

  • The Key Rights Held by the Customer
  • What You Are Allowed to Do as a Trader
  • How to Handle Issues with Customers
  • The Legal Side and Getting Help
  • Summary

Module 10: The Importance of Communicating with Customers

  • What We Mean by Communication
  • How to Deal With Unhappy Customers
  • How to Talk to Customers
  • The Key Information to Provide your Customers
  • Summary

Course Assessment

To simplify the procedure of evaluation and accreditation for learners, we provide an automated assessment system. Upon completion of an online module, you will immediately be given access to a specifically crafted MCQ test. The results will be evaluated instantly, and the score will be displayed for your perusal. For each test, the pass mark will be set to 60%.

When all tests have been successfully passed, you will be able to order a certificate endorsed by the Quality Licence Scheme.

Exam & Retakes:
It is to inform our learners that the initial exam for this online course is provided at no additional cost. In the event of needing a retake, a nominal fee of £9.99 will be applicable.

Certification
Upon successful completion of the assessment procedure, learners can obtain their certification by placing an order and remitting a fee of £9 for PDF Certificate and £15 for the Hardcopy Certificate within the UK ( An additional £10 postal charge will be applicable for international delivery).

Who is this course for?

This course is designed to enhance your expertise and boost your CV. Learn key skills and gain a certificate of achievement to prove your newly-acquired knowledge.

Requirements

This course is open to all, with no formal entry requirements.

Career path

Upon successful completion of the Merchandising Course, learners will be equipped with many indispensable skills and have the opportunity to grab.

Questions and answers

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FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.