SDG/PR/Akwesasne: the data found on this website is related to the SDG/PR/Akwesasne labour market

62101 – Retail and Wholesale Buyers

Median hourly wage:

$32.32/hr

What you do:

Retail and wholesale buyers buy merchandise for resale by retail or wholesale establishments and are usually responsible for the merchandising operations of retail or wholesale establishments. Retail and wholesale buyers who are supervisors and those who are assistants are included in this occupation.

Main job duties:

  • Purchase merchandise for resale by retail or wholesale establishments
  • Review requirements of establishment and determine quantity and type of merchandise to purchase
  • Study market reports, trade periodicals and sales promotion materials and visit trade shows, showrooms, factories and product design events
  • Select the merchandise which best fits the establishment’s requirements
  • Interview suppliers and negotiate prices, discounts, credit terms and transportation arrangements
  • Oversee distribution of merchandise to outlets and maintain adequate stock levels
  • Establish and maintain contact with suppliers
  • May supervise the work of other retail buyers.

Skills:

Attention to detail
Customer service
Teamwork
Work independently
Written communication
Organization

Job title examples:

Appliance buyer
Assistant buyer
Beverage taster and buyer
Buyer – retail
Buyer – wholesale
Chief buyer
Clothing buyer
Food buyer
Produce buyer

Hourly wages:

$17.20 low

$32.32 median

$46.04 high

Education & Training:

  • A university degree or college diploma in business, marketing or a related program is usually required.
  • Completion of secondary school is required.
  • Previous work experience in retail or wholesale establishments is usually required.
  • Supervisors and senior buyers require experience in the occupation supervised or in a particular merchandise line.
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