What is Merchandising

What is Merchandising?

Merchandising is a process of selling goods and services. The process of merchandising starts with identifying target customers, setting a price for a particular product, do negotiation and finally deliver the product to the customer. I asked the question what is merchandising to several people who are involved with apparel industry just to hear from them how they actually define merchandising. Most of them said that all the activities to sell a product is merchandising. So, the scope of merchandising is not limited to how we define merchandising is rather than all activities are related to selling is merchandising.

As a process of merchandising in the apparel industry, wholesaler/manufacturer use merchandiser to communicate with the buyer of garments or to bring new customer, negotiate with them and make them induce to place an order. So, in this case merchandising is related with wholesale of merchandise (garments).

What is Merchandising

Example of Apparel Merchandising

Suppose H & M buy different types of garments from Epyllion and those people responsible for communicating, placing the order, bargaining, receiving an order, sampling etc. are merchandiser and all together these tasks are merchandising.

So, the process by which a merchandiser sells their products to the target customer is called merchandising. Merchandising is a commonly used term, mostly applicable in the apparel industry. Every year in apparel industry many merchandisers are recruited for the purpose of merchandising.

The demand for merchandising is increasing for-profit motive organization but the question is who will deal with merchandising for the organization. A person deals with the selling of products who is known as a merchandiser. Remember one thing that it is not necessary to involve merchandising for an export purpose it also can be used for local business.

There are basically two forms of Merchandising

  1. Retail Merchandising
  2. Visual Merchandising
  • Retail merchandising is mainly applicable to a retail store. The scope of retail merchandising is broad because we can use it for every type of products sold in the retail store.
  • On the other hand, visual merchandising is another form of retail merchandising where the main stimulating factor is visualizing the product and service to create attraction and interest and ultimately selling of products.

Recently Another two forms of Merchandising are visible from the functional characteristics of merchandising. These are:

  1. Virtual Merchandising (Online Selling)
  2. Wholesale Selling (Merchandising on behalf of Wholesaler or manufacturer)

Garments Merchandising

Garments merchandising is both applicable for wholesale and retail merchandising in the apparel industry. Where merchandisers work for manufacturer, wholesaler and retail store. Garments Merchandising is one of the popular forms of merchandising because of its extensive use in the apparel industry. Merchandising process make it easier to meet the buyer’s requirement through time to time follow up and ensuring on-time delivery of garments items.

Garments Merchandiser

Garments merchandiser is the person who is responsible for merchandising of garments products and services. Merchandising is the core function of a merchandiser. A garments merchandiser need to have several qualifications to become a successful merchandising. Garments merchandiser basically contact with garments buyers, negotiate with them, take orders, manage samples and send it to the buyers, take the order and finally, ensure the delivery of the product to the buyers at the right time.

Difference Between Merchandising and Marketing

Many people become confused about whether marketing and merchandising are similar or different. There is a difference between merchandising and marketing. Marketing is a broad area of business where merchandising is a part of marketing activities, which deals with the selling of goods and services.

Finally, briefly, we can define merchandising as a set of activities we (Merchandisers) do to sell our product and services to the target customers for the purpose of generating revenue and satisfy our customer.

Merchandising is a set of activities for selling products, merchandise, service to the target customer with the help of merchandiser.

What is Merchandising pdf

Written by

Md. Nahian Mahmud Shaikat

Responsibilities of Apparel Merchandiser

What are the Responsibilities of an Apparel Merchandiser

In the Apparel sector now a day’s Apparel Merchandising is a well known and preferable job profile. As a student of textile engineering, many of us dream to be an Apparel merchandiser. This job carrier is also well known to others people beside textile related personnel. If you want to be an apparel merchandiser then you must know the responsibilities of apparel merchandiser.

responsibilities of apparel merchandiser

Merchandising

The word Merchandising comes from the word Merchandise. Merchandise means buying and selling something.

The whole activities of merchandise ( means the activities of promoting the sale of goods) is “Merchandising”. Merchandising is a process/function for what to buy and how to sell. In other word merchandising is the marketing activity responsible for ensuring a product’s desirability, both in qualitative and quantitative

The person who deals with the merchandise is called Merchandiser. If a person deals with apparel merchandising then the person is called “Apparel Merchandiser”.

merchandising cycle

Merchandising Cycle

Merchandising Process

Mainly merchandising is a part of the marketing process. There are required 4 P’s to complete the whole process of merchandising.

  • Product
  • Price
  • Place/Distribution
  • Promotion

Responsibilities of Apparel Merchandiser

  1. Doing work with buyers/sellers closely and determining a range of commodities or goods to sell.
  2. Doing work in right time in right place considering time & place for buying goods demand
  3. Calculation the prices of goods
  4. Preparing current sales figure
  5. Giving policy guidelines to the buyers
  6. Taking responsibility promotion, display
  7. With the help of merchandising manager determining a strategy of goods
  8. Monitoring stock management
  9. Preparing purchase orders to match range plan from buyers
  10. For the buyers preparing detailed spreadsheets
  11. Planning for the whole production process and financial process
  12. Ensuring purchase order raised to budgets.
  13. Fabric and accessories sourcing and tracking
  14. Negotiation with buyers/factories/and others about cost price.
  15. Approving samples.
  16. Factory production scheduling and production tracking
  17. Monitoring all production process.
  18. Ensuring preparation of all shipping documents.
  19. Arranging final inspection
  20. Shipping plan and booking
  21. Ensuring shipment in due time.

So, hopefully, it was helpful for you. If you like it do not forget to put down your valuable comment and share on facebook

Written By

Engineer Sheikh Nurja