Fashion Buying: A Fashion Merchandising Dream Career

Have you ever wondered what kind of careers you can pursue with a degree from a fashion institute? One incredibly fulfilling and often overlooked career choice is fashion buying. A fashion buyer is responsible for the products that a given company sells. They oversee the development of apparel, which is usually targeted towards a particular market and price range. Depending on how big the company is, there might be one fashion buyer or a team of fashion buyers responsible for the merchandise that the company will carry. To perform this job well, buyers must possess a serious intuition when it comes to fashion trends, as well as adequate people skills to maintain good relationships with suppliers. This job is an especially good choice for young fashion school graduates, since young people are generally the ones who are always updated with the latest fashion trends, and looking to climb up the fashion industry ladder.

A typical fashion buyer works with clothing suppliers, reviewing their provided apparel and selecting the proper pieces for the season, store and target market. Often, this part of the job requires deciding on a balance between current fashion trends and classic, traditional pieces. It is imperative that a successful buyer maintains positive interpersonal relationships with suppliers, in order to negotiate prices with them and make sure that their stocks will be delivered on time.

Another important challenge that fashion buyers will face is the idea of thinking ahead. It is not enough to succeed in the fashion industry with knowledge of current trends. In fact, buyers must surpass this knowledge with a keen fashion intuition. It is usually buyers that help to create new trends because they are responsible for what you see on the front racks at boutiques and department stores. Buyers must decide on seasonal trends up to six months before they hit the stores. In order to succeed at this part of the job, you must bring your own creativity and passion to your selections, while at the same time making sure you are selling wearable, comfortable, functional clothes for everyday people.

If the idea of a career in fashion buying is something that excites you, there is no reason not to actively pursue your goal. Often, companies looking for buyers prefer job candidates with fashion merchandising or fashion design college degrees. Retail experience in fashion can also give you that extra bit of experience that will help land you the job. Ultimately, it will be your passion for fashion and your level of professionalism that will launch your dream fashion buying career.

What Is a Retail Buyer?

At first glance, the term “retail buyer” may be mistaken to be the customer in a market setup. But in fact, being a buyer is a profession and there are people who were given the gift of being able to determine what the real customers want. If you are still puzzled about what exactly a retail buyer does, this article will help you understand better. Who knows, you might end up seeing your potential to be a buyer yourself.

Basically, a retail buyer is a business professional who purchases products intended to be sold in a retail store. Aside from this, he is responsible of analyzing the buying trend that customers follow, studying the market and determining the latest products. For instance, a fashion buyer in the clothing industry is responsible of spotting the latest fashion trends that will pique the attention of a store’s target market.

There are different aspects that determine a retail buyer’s job. Basically, the buyer must negotiate with the wholesalers and suppliers and make sure that the contract they will be dealing with is the most competitive one. For example, if the buyer finds an electronic device or gadget and knows that it fits the establishment’s market demographics, he or she must negotiate with the supplier until the device can be purchased at the lowest price possible. Ultimately, the retail buyer also brainstorms with the store’s financial operator and decide how much the product will be sold to customers.

The buyer is also given the task of managing the store’s stock inventory. If a product is selling well, the buyer needs to see to it that the product will stay in the inventory until customers are patronizing it. Basically, if the product is still on trend, customers will purchase it from another store if they do not find it in the buyer’s establishment. Thus, it is necessary for a retail buyer to manage the inventory well.

What can be considered as the most critical part of the job is forecasting the market trend. To do this responsibility well, the buyer must sit down with market analysts to determine how much budget people will spare for their shopping spree during a particular quarter of the year. This analysis will help the buyer settle if the price point for the products will be lower or higher. Essentially, the retail buyer must know the type and kind of products that customers will purchase.

Lucrative Fashion Jobs Abound

The latest fashion industry news has announced a great number of varied fashion positions that eager enthusiasts must fill up. Numerous jobs abound in the fashion world. One can be a model or designer – every skilled individual is needed to take up an exciting job. Still, the industry is not just about designing or modeling – it is so broad that there are immense fashion career opportunities available to those who want them.

Best Fashion Jobs Available (Aside from Modeling and Clothes Designing):

Even if an individual has no skill or talent to start his own clothing line, there are actually tons of other opportunities that will allow him to become a part of the fashion industry. There are jobs – and not just as a model or designer – that anyone else can enjoy doing within the industry.

Fashion Merchandiser

A competent merchandiser spots anything that can be turned into the latest fashion hit. For an individual to do well as a fashion merchandiser, he must have the instinct to know if an emerging style has the potential to become a hot fashion item.

He knows wearable items that sell, and identifies ones that will forever remain as stocks in department stores. A good fashion merchandiser performs product development – from the conceptualization to the final production and marketing of the product.

Fashion Brand Manager

Anyone who is serious in selling clothes knows that he is promoting and selling a brand. The main responsibility of a brand manager is to create an image for his fashion brand. He does this by developing unique ways to present such brand to consumers. Ideally, a brand manager possesses a degree in Merchandise Product and Brand Development to do well in this career.

Accessories Designer

For the individual who believes that he has an eye for accessories, and can create ones that can make a lasting impression to people, he must consider a lucrative career in accessories designing. To do well in this job, accessories designer must go to the hottest accessories oases such as fairs and trade exhibits. From these events, he can gather helpful inspirations to create unique designers for his own line of accessories.

Fashion Buyer

Fashion buyers are responsible for maximizing the sales and profits of a fashion boutique. They are a step ahead when it comes to fashion trends. This allows them to be ready to provide clients with the clothes that will satisfy their fashion preference. Apart from the selection of merchandise for the store, a fashion buyer is involved with its promotion and sale.

Definitely, the fashion industry is one of the most vibrant industries today. This is why there has been a great supply for jobs of all types, each of which zeroes in on a particular area in fashion. Most fashion industry news point to the fact that such availability of fashion jobs will remain on the rise for a couple more years.