Description

The Merchandising is all you need to advance your career in the relevant fields.

Enrol now to discover everything you need to know about the Merchandising and the skills to improve your talents in this field and be confident in your knowledge bucket with One Education as your right hand!

Meet the Accreditation

CPD Quality Standards (CPD QS) accreditation assure the Merchandising course training and learning activities are relevant, reliable, and upto date.

Expert Support

Dedicated tutor support and 24/7 customer support are available to all students with this premium quality course.

Key Benefits

Learning materials of the Design course contain engaging voiceover and visual elements for your comfort.

Get 24/7 access to all content for a full year.

Each of our students gets full tutor support on weekdays (Monday to Friday)

Course Curriculum:

Module 01: Merchandising Theory

What is Merchandising?

Types of Merchandising

Factors Influencing

Functions of a Manager

Career as a Merchandiser

What Qualifications Do You Need?

What does It take?

What You'll do?

Career Path and Progression

Summary

Module 02: Product Management

Product Management

Aspects of Product Planning

Brand Management in Retailing

Principles of Brand Management

Types of Brands

Summary

Module 03: Merchandise Management

Merchandise Management

Merchandise Planning

Merchandise buying

Vendor Relations

Merchandise Performance

Logistics

Performance Goals

Supply Chain Management

Order Processing and Fulfilment

Transportation and Warehousing

Customer Transactions and Customer Service

Summary

Module 04: Inventory Management and Analysis

Inventory Management Concept

Using Inventory Analysis to Improve Business Operations

Benefits of Inventory Analysis

How Do You Analyse Inventory?

Key Metrics to Measure Inventory Efficiency

Average Inventory

Inventory Turnover

Rate of Return

GMROI

FIFO

LIFO

Example of FIFO and LIFO

Economic Order Quantity (EOQ)

Summary

Module 05: Merchandising Strategy

Elements

Salesfloor Layout

Interior Signage

Cross

The Use of Space

Colour

Lighting

Mass Displays

Interactive Technology

Best Practices

Properly Shelves

Staying on Top of Orders

Ensuring Retailer Compliance

Monitoring Competition

Collecting and Analysing Data

Takeaways

Summary

Module 06: Visual Merchandising

What is Visual Merchandising?

Who Does Visual Merchandising?

Visual Merchandising Techniques

Window Displays

Interactive Displays

POP Displays

Minimalism

Rule of Three

Creating Effective Displays

Think Vertical

Keep at Eye Level

Fill

Shop and Compare

Signage

Price

Maintenance

Full

Fronted

Clean

Complete

Summary

Module 07: Merchandise Pricing

Interactive Pricing Decisions

Merchandise

Location

Promotion

Credit

Customer Service

Store Image

Legal Constraints

Pricing Objectives

Profit Oriented Objectives

Sales Oriented Objectives

Status Quo Objectives

Pricing Policies

Below the Market

At the Market

Above the Market

Specific Pricing Strategies

Customary Pricing

Variable Pricing

Flexible Pricing

One-Price Policy

Price Lining

Odd Pricing

Multiple-Unit Pricing

Bundle Pricing

Leader Pricing

Promotional

Summary

Module 08: Importance of Consumer Behaviour

What We Mean by Consumer Behaviour

How to Interpret Consumer Behaviour for Your Own Advantage

How to Deal With Issues Related to Behaviour

The Difference That Understanding Consumer Behaviour Makes to Your Store

Summary

Module 09: Consumer Rights Act

The Key Rights Held by the Customer

What You Are Allowed to Do as a Trader

How to Handle Issues with Customers

The Legal Side and Getting Help

Summary

Module 10: The Importance of Communicating with Customers

What We Mean by Communication

How to Deal With Unhappy Customers

How to Talk to Customers

The Key Information to Provide your Customers

Summary

Course Assessment

To simplify the procedure of evaluation and accreditation for learners, we provide an automated assessment system. Upon completion of an online module, you will immediately be given access to a specifically crafted MCQ test. The results will be evaluated instantly, and the score will be displayed for your perusal. For each test, the pass mark will be set to 60%.

When all tests have been successfully passed, you will be able to order a certificate endorsed by the Quality Licence Scheme.

Exam & Retakes:
It is to inform our learners that the initial exam for this online course is provided at no additional cost. In the event of needing a retake, a nominal fee of £9.99 will be applicable.

Certification
Upon successful completion of the assessment procedure, learners can obtain their certification by placing an order and remitting a fee of £9 for PDF Certificate and £15 for the Hardcopy Certificate within the UK ( An additional £10 postal charge will be applicable for international delivery).

Who is this course for?

This course is designed to enhance your expertise and boost your CV. Learn key skills and gain a certificate of achievement to prove your newly-acquired knowledge.

Requirements

This course is open to all, with no formal entry requirements.

Career path

Upon successful completion of the Merchandising Course, learners will be equipped with many indispensable skills and have the opportunity to grab.

Course Images

Merchandising Diploma Training Course

By One Education

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