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  • Buying Merchandise

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    anshuagrahari
    8 views2 pages
    This document outlines the process for buying merchandise for a store. It discusses making buying contacts through markets, sales representatives, catalogs, buying offices, wholesalers, consignment, and memorandums. When selecting resources, factors like merchandise offerings, vendor policies, services, and performance are considered. Planning a market trip involves timing, creating a buying plan, and steps like planning, arrival, visiting resources, checking plans, negotiating, and completing the trip. Guidelines for visits include knowing plans, setting standards, meeting executives, learning production, fully covering the market, and not overbuying.

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    buying prosess of merchandising

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    This document outlines the process for buying merchandise for a store. It discusses making buying contacts through markets, sales representatives, catalogs, buying offices, wholesalers, consignment, and memorandums. When selecting resources, factors like merchandise offerings, vendor policies, services, and performance are considered. Planning a market trip involves timing, creating a buying plan, and steps like planning, arrival, visiting resources, checking plans, negotiating, and completing the trip. Guidelines for visits include knowing plans, setting standards, meeting executives, learning production, fully covering the market, and not overbuying.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    8 views2 pages

    Buying Merchandise

    Uploaded by

    anshuagrahari
    This document outlines the process for buying merchandise for a store. It discusses making buying contacts through markets, sales representatives, catalogs, buying offices, wholesalers, consignment, and memorandums. When selecting resources, factors like merchandise offerings, vendor policies, services, and performance are considered. Planning a market trip involves timing, creating a buying plan, and steps like planning, arrival, visiting resources, checking plans, negotiating, and completing the trip. Guidelines for visits include knowing plans, setting standards, meeting executives, learning production, fully covering the market, and not overbuying.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
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    of 2

    BuyingtheMerchandise:

    1.MakingBuyingContacts:
    a.Markets
    b.VisitingSalesRepresentatives.
    c.Catalogs
    d.ResidentBuyingOffices
    e.StoreOwnedresources
    f.Wholesalers
    g.ConsignmentBuying
    h.MemorandumBuying.
    2.FactorsinSelectingResources.
    a.MerchandiseOfferings.
    b.VendorPolicies.
    c.VendorServices.
    d.VendorPerformance.
    3.MarketTripPlanning
    a.TimingtheMarketTrip.
    b.TheBuyingPlan.
    c.StepsinMakingaMarketTrip
    1.PlanningtheTrip.
    2.ArrivalinMarket.
    3.VisitingResources.GuidelinesforVisitingResources:
    Knowthebuyingplanfully.Havedefinitemerchandiseneeds
    written
    down.
    Visitbetterpricelineresourcesfirsttodevelopfashionand
    quality
    standards.
    MeetKeyExecutivesatresourcesvisited.
    VisitFactoriesandworkroomsolearnmoreabout
    manufacturers
    capacitytoproduceandmaintainqualitycontrol.
    Waittomakeacommitmentuntilthemarkethasbeen
    coveredfullyina
    classification.
    Donotoverbuy

    Checkthebuyingplans,notesandmerchandiseonorderbefore
    writingorders.
    Negotiatewithvendorforbestterms,discountsandshipping
    arrangements.
    Makenotesaboutmerchandisetosharewithstorepersonnel.
    4.CompletionoftheTrip.

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