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Merchandise (Inventory Management & Strategic Pricing)

Accredited By CPD | High-quality Materials | Video Lessons | Lifetime Access | 24/7 Tutor Support


NextGen Learning

Summary

Price
£15 inc VAT
Study method
Online
Duration
4 hours · Self-paced
Access to content
Lifetime access
Qualification
No formal qualification
CPD
10 CPD hours / points
Additional info
  • Exam(s) / assessment(s) is included in price
  • Tutor is available to students

Overview

Merchandising is a captivating journey through the intricate world of inventory management and strategic pricing. Discover the art and science behind successful retail operations as you delve into the captivating history of merchandising, from ancient marketplaces to modern-day consumer landscapes. Merchandising course opens doors to exciting opportunities in an industry where merchandising reigns supreme.

Learning Outcomes:

  • Gain a comprehensive understanding of merchandising theory and its practical applications in the retail industry.
  • Develop product management skills to curate an appealing and profitable product assortment.
  • Master merchandise management techniques to optimise inventory levels and minimise stockouts.
  • Acquire inventory management and analysis tools to make data-driven decisions and improve profitability.
  • Craft effective merchandising strategies that align with organisational goals and capture target markets.
  • Explore the art of visual merchandising and learn how to create captivating in-store experiences.

CPD

10 CPD hours / points
Accredited by CPD Quality Standards

Course media

Description

In this immersive course, you'll embark on a journey into the dynamic world of merchandising. Starting with an exploration of merchandising theory, you'll learn how to effectively manage products and merchandise, ensuring their availability and profitability. Dive deep into inventory management and analysis, uncovering the key metrics and techniques required to optimise stock levels and maximise sales.

As you progress, you'll develop a strategic understanding of merchandising, learning how to align pricing strategies with market demands and consumer behaviour. Discover the art of visual merchandising, honing your skills in creating visually appealing displays that captivate customers and drive sales. Gain insights into consumer behaviour and their rights, empowering you to build strong customer relationships through effective communication.

Certification

Upon completion of the course, learners can obtain a certificate as proof of their achievement. You can receive a £4.99 PDF Certificate sent via email, a £9.99 Printed Hardcopy Certificate for delivery in the UK, or a £19.99 Printed Hardcopy Certificate for international delivery. Each option depends on individual preferences and locations.

Who is this course for?

  • Retail professionals seeking to expand their expertise in merchandising.
  • Merchandisers aim to refine their skills and stay abreast of industry trends.
  • Inventory managers desiring to optimise stock levels and improve profitability.
  • Entrepreneurs venturing into the retail sector, requiring a comprehensive understanding of merchandising strategies.
  • Individuals aspiring to pursue a career in the dynamic and fast-paced world of retail merchandising.
  • Professionals from related fields, such as marketing or sales, interested in gaining insight into the strategic aspects of merchandising.

Career path

  • Merchandising Coordinator: £20,000 - £25,000 per year
  • Assistant Merchandiser: £25,000 - £30,000 per year
  • Merchandiser: £30,000 - £40,000 per year
  • Senior Merchandiser: £40,000 - £60,000 per year
  • Merchandising Manager: £50,000 - £80,000 per year
  • Director of Merchandising: £80,000+ per year

Questions and answers

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FAQs

Interest free credit agreements provided by Zopa Bank Limited trading as DivideBuy are not regulated by the Financial Conduct Authority and do not fall under the jurisdiction of the Financial Ombudsman Service. Zopa Bank Limited trading as DivideBuy is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority, and entered on the Financial Services Register (800542). Zopa Bank Limited (10627575) is incorporated in England & Wales and has its registered office at: 1st Floor, Cottons Centre, Tooley Street, London, SE1 2QG. VAT Number 281765280. DivideBuy's trading address is First Floor, Brunswick Court, Brunswick Street, Newcastle-under-Lyme, ST5 1HH. © Zopa Bank Limited 2024. All rights reserved.