Determinants of a Rewarding Fashion Buyer Salary

Nature of Work

Salary of a fashion largely depends on the nature of work. Opening a fashion outlet or a boutique gives a low start, but; ensures higher returns in the long term depending on the creativity and market sense of an individual. Obviously; working for a retail garment store, private fashion outlet or a fashion store adds up to the returns of a buyer, as it provides the required practical exposure and professional training.

Skills and Experience

A degree in fashion designing or fashion management is enough to start off the career of a fashion buyer. But, a good amount of relevant experience at a retail outlet or fashion outlet is always a must to get a high start in salary. Being analytical, logical, organized and strategic also increases the monetary gains of a fashion, as these skills determine the scale of business.

The creative spark present within a candidate makes him earn a large amount of money in the long run. That means, higher the creative ideas, higher the returns of a buyer. In addition to these elements, a high degree of self motivation is required to face the highs and lows of this hectic profession.

Knowledge of Market Trend

Understanding the past, present and future market and fashion trends is equally important for a fashion. Tapping the scope of innovation, launch of new fashion design, identification of new fashion apparel markets and timely elimination of the outdated fashion apparel makes up the market sense of a fashion buyer. More the fashion sense and knowledge of market trends, more the fashion buyer salary.

How To Shop As A Fashion Buyer

Clothing stores of all levels are always full of the season’s latest fashions and these styles aren’t just automatically shipped to the stores from the factories. Fashion buyers have to decide what is going to be sold in their stores and they choose each individual piece themselves. Then they order the quantity and it’s delivered to their stores to be sold. So how do these buyers find all of these fabulous pieces for the stores you shop in?

Fashion buyers have a few different ways of coming across clothes for their stores. They can visit local designers if they’re the type that likes to carry high-end, limited clothing. Or they can order pieces from factory magazines and have large quantities shipped. What happens for most stores that are mid-level and not looking for mass or limited quantities, is that they attend apparel shows.

Apparel shows are conventions where fashion designers and buyers can meet in one place and make orders. It’s often times a one-stop-shop for fashion buyers to fill all of their stock by choosing from hundreds of vendors in one location. Fashion designers and distributors from around the world will fill convention centers with their clothing, either samples of a large quantity or the entire stock of a limited design, and buyers come from all over the country to order the latest trends and styles.

The latest trend in apparel shows is the Virtual Storefront an online version of a vendor’s collection. Buyers can go online and view the entire stock or just a special selection of what the vendor has to offer before they visit the show, giving them a chance to decide who they would like to visit. The Virtual Storefront also provides fabric information and pricing to make shopping faster and easier on the buyer who has hundreds of stores to visit in a matter of days.

Not everyone has access to this temporary shopping mall, in order to access apparel conventions a buyer has to go through a long list of certifications to be sure that they’re not just the everyday shopper looking for a bargain. Buyers have to supply things like a business license, imprinted business check, merchant credit card, personalized business identification and proof of possession of the actual retail store that the clothing will be sold in.

Buyers have to take their jobs very seriously because they are setting their stores up for success for the next season. They have to choose the next big fashion statement so that customers will buy out their stock and make room for the next season’s apparel show finds. The life of a fashion buyer is not as glamorous as it sounds, it is hard work. The fashion you wear today is the result of a fashion buyer’s research and time spent ordering clothes from a wide-range of suppliers.

Love Fashion? Get a Career As a Fashion Buyer!

If you truly love fashion and have a strong desire to become a fashion buyer, then you will need to know a few things about just what they are responsible for doing. Although this sounds like a fashion lover’s dream, it can involve more than you think. Essentially, being a fashion buyer means being responsible for choosing all the various clothing items that will be sold in a certain store. You will also be responsible for communicating with suppliers to ensure that all transactions go as smoothly as possible. It takes a very keen sense of fashion to do this job well, and you will also need to have a head for doing business.

You will find that most people who become fashion buyers start off in retail. There they develop the skills needed to be a fashion buyer and recognize which products are the best for a specific store department. A lot of the time you will also find that people work their way up from being associate fashion buyers, someone who is in charge of just one department, to a full-on buyer in charge of an entire store. Although retail experience is of great help and even considered to be necessary for a job like this, a college degree of some sort helps immensely.

If you truly want to become a buyer, then the best thing that you can do is to get hired in at a retail clothing store, where you can gain plenty of experience and get to where you need to be to land the job of your dreams as a fashion buyer. That kind of experience will give you some of the tools you will need in order to do this job well. Remember also that education is a very critical aspect of getting a fashion buyer job as well. If you are currently going to school or have been thinking about it, you might want to aim for a bachelors in business, fashion merchandising, or marketing.

As a buyer in this industry you will be responsible for increasing the company’s profits by selecting the right combination of clothes for them to carry in each department of the store. The clothes that you choose for a certain store will essentially become the trademark of that store. Your goal will be to improve the company’s earnings and project the best overall image by knowing which clothes to buy. It requires an encyclopedic knowledge of modern fashion as well as knowing which specific articles of clothing to pick out. It is a skill that you will develop over time, but if you are truly committed to becoming a fashion buyer, you have to make sure to receive the proper education and job experience/training.