Wholesale & Retail Buyers
Code: 13-1022.00Role Overview & What They Do
Buy merchandise or commodities, other than farm products, for resale to consumers at the wholesale or retail level, including both durable and nondurable goods. Analyze past buying trends, sales records, price, and quality of merchandise to determine value and yield. Select, order, and authorize payment for merchandise according to contractual agreements. May conduct meetings with sales personnel and introduce new products. May negotiate contracts. Includes assistant wholesale and retail buyers of nonfarm products.
Also Known As (Alternative Job Titles)
Daily Duties & On-The-Job Tasks
- Negotiate prices, discount terms, or transportation arrangements with suppliers.
- Inspect merchandise or products to determine quality, value, or yield.
- Recommend mark-up rates, mark-down rates, or merchandise selling prices.
Frequently Asked Questions About Wholesale & Retail Buyers
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Salaries vary depending on region, certifications, and years of experience.
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