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Fundamentals of Merchandising: What You Must Know to Maximize Sales and Profits
Seminar Highlights
• What makes up Gross Margin The difference in Gross Margin Dollars vs. Gross Margin Percent • Understanding the Stock-To-Sales Ratio • Managing Inventory Flow • Editing Merchandise Classifications for Maximum Sales • Determining Markup • Should Markdowns be Planned • Making Merchandise Consistent with Marketing • Targeting the Right Customer for Your Business • How to Negotiate Better with Suppliers • Establishing a Proper Retailer-Vendor Partnership
Who Should Attend
• Store Owners; Managers of Stores • Any Buyer with Responsibilities for Merchandising • Non-merchandising Personnel and Suppliers who want to Understand the Function of Merchandising
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