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Merchandising

Student ID, Digital Certificate & Transcript are Included in the price & as Bonus you Get 2 Additional Courses For Free!


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Summary

Price
Save 98%
£32 inc VAT (was £1,699)
Offer ends 23 September 2021
Study method
Online, self-paced
Duration
67 hours
Access to content
Lifetime access
Qualification
No formal qualification
Additional info
  • Exam(s) / assessment(s) is included in price
  • Tutor is available to students
  • Certificate of completion available and is included in the price

13 students purchased this course

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Overview

The essentials of merchandise management, buying, range planning, product development and many more...

What you'll learn :

  • Understand how the field of buying and merchandising works
  • Understand Merchandising Theory, Product & Merchandise Management
  • Get a solid idea of Inventory Management and Analysis
  • Study Consumer Behaviour, Consumer Rights Act & customer communication
  • Conceptualize Merchandising Strategy, Visual Merchandising & Pricing
  • Obtain an all-round picture of the topic from a practical perspective
  • Understand concepts, jargon and acronyms
  • Decide whether you want to pursue a career in buying and merchandising
  • Build a solid foundation for more in-depth courses in the subject matter

This Merchandising Bundle consists the following Professional Career Oriented courses:

  • Course 1: Merchandising
  • Course 2: Retail and Warehouse Management
  • Course 3: Diploma in Interior Design, Furniture Restoration and Painting

Learn about Merchandising from industry experts and boost your professional skill. This Merchandising will enhance your skill and make you ready for the job market. You’ll get expert opinions about the best practices and problems of the Merchandising. You’ll also gain the skills of Merchandising to excel in your job and tips to master professional skills in no time.

You’ll be connected with the community of Merchandising professionals and gain first-hand experience of Merchandising problem-solving. The Merchandising is self-paced. You can complete your course and submit the written assignment in your suitable schedule.

This Merchandising will provide you with the latest information and updates of Merchandising. It will keep you one step ahead of others and increase your chances of growth.

Merchandising is a very exciting field that looks at how retail enterprises go about planning the buying and selling of the right products, at the right place, right time, in the correct quantities, to the correct customer and at the correct price.

However, it isn't an easy topic to get your head around and that's largely due to the fact that the subject matter is littered with specialised terminology, concepts, jargon, acronyms, etc. For individuals who are new to the field it can be quite daunting to understand what these concepts mean, let alone getting a full picture of how everything ties in together to realise the complex clockwork of the buying and merchandising cycle.

This beginner course in merchandising is quite special - special in the sense that it isn't your regular textbook or mishmash of explanations and it doesn't make assumptions on prior knowledge. This means that you'll be able to connect with the concepts regardless of your educational or professional background.

Furthermore, the course decomposes the topic into a number of fundamental but interrelated perspectives that describe the subject matter in a logical way. These perspectives define the course structure and also allow the discussion of useful examples taking into account the real-life industry aspects.

So, are you ready to go from newcomer to all-rounder in retail buying and merchandising? You've stopped at the right course that's going to fast track your learning in record time!

Should you have any questions while studying this Merchandising, our experienced tutors and mentors will answer them via email and live chat.

With our Student ID card you will get discounts on things like music, food, travel and clothes etc.

Enrol in our Merchandising today and start learning.

Why buy this Merchandising?

  1. Unlimited access to all 3 courses for forever
  2. Digital Certificate, Transcript and student ID all included in the price
  3. Absolutely no hidden fees
  4. Receive one to one assistance on every weekday from professionals
  5. Immediately receive the PDF certificate after passing
  6. Receive the original copies of your certificate and transcript on the next working day
  7. Easily learn the skills and knowledge from the comfort of your home
  8. Get 2 additional courses included as bonus

Course media

Description

Course Curriculum

**Merchandising**

Module 01: Merchandising Theory

  • Merchandising: What is Merchandising?
  • Merchandising: Types of Merchandising
  • Merchandising: Factors Influencing Merchandising
  • Merchandising: Functions of a Merchandising Manager
  • Merchandising: 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

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

Module 03: Merchandise Management

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

Module 04: Inventory Management and Analysis

  • Merchandising: Inventory Management Concept
  • Merchandising: Using Inventory Analysis to Improve Business Operations
    • Benefits of Inventory Analysis
  • Merchandising: How Do You Analyse Inventory?
  • Merchandising: 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)
  • Merchandising: Summary

Module 05: Merchandising Strategy

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

Module 06: Visual Merchandising

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

Module 07: Merchandise Pricing

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

Module 08: Importance of Consumer Behaviour

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

Module 09: Consumer Rights Act

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

Module 10: The Importance of Communicating with Customers

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

Certification

After studying the course materials of the Merchandising there will be a written assignment test which you can take either during or at the end of the course. After successfully passing the test you will be able to claim the pdf certificate for free. Original Hard Copy certificates need to be ordered at an additional cost of £8.

Who is this course for?

This Merchandising does not require you to have any prior qualifications or experience. You can just enrol and start learning.

Requirements

This Merchandising was made by professionals and it is compatible with all PC’s, Mac’s, tablets and smartphones. You will be able to access the course from anywhere at any time as long as you have a good enough internet connection.

Career path

This Merchandising course will help you to brighten up your CV while exploring the following jobs -

  • Merchandising Administrator
  • Visual Merchandising Assistant
  • Visual Merchandising Supervisor
  • Retail Assistant
  • Merchandising Manager
  • Merchandising Consultant
  • Merchandising Representative
  • Merchandising Director
  • Regional Merchandising Manager

Questions and answers

Currently there are no Q&As for this course. Be the first to ask a question.

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FAQs

What does study method mean?

Study method describes the format in which the course will be delivered. At reed.co.uk 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.

What are CPD hours/points?

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.co.uk, many of which can be completed online.

What is a ‘regulated qualification’?

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.

What is an ‘endorsed’ course?

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.