Question
What do you mean by merchandising? Explain any three roles played by a retail merchandiser.
Answer :
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# Merchandising and the Roles of a Retail Merchandiser Merchandising refers to the process of planning, selecting, presenting, promoting, and managing products in a retail store so that the right merchandise is available to the right customer, at the right place, at the right time, and at the right price. It connects the buying function with selling by ensuring that products selected for the store meet customer needs and contribute to sales and profitability. In retailing, merchandising involves activities such as product selection, assortment planning, stock management, pricing, visual presentation, sales forecasting, and monitoring product performance. A retail merchandiser plays an important role in converting customer demand into profitable retail sales. The merchandiser works closely with buyers, suppliers, store operations, marketing teams, and sales staff. Three important roles played by a retail merchandiser are product assortment planning, inventory management, and visual merchandising and promotion. The first important role is product assortment planning. A retail merchandiser decides what range of products should be offered to customers. This involves analysing customer preferences, market trends, sales history, seasonal demand, and the positioning
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