If you are interested in fashion, you may be looking into fashion merchandising as a career. You’re probably wondering things like, the fashion merchandising salary, the type of education you need, and what schools you can attend.
Your job as a fashion merchandiser will be to figure out the type of clothing your customers need before they know that they need it.
It is also your job to make sure that all of the stores that you work for are entirely stocked with the clothing pieces that you believe they will need.
Since you will need to predict future fashion trends, it may be a smart idea to go to certain fashion shows. By going to fashion shows, you will be able to have a heads up on what may be popular in the near future.
It may also be a good idea for you to make note of any events that could affect the fashion industry.
Also, a fashion merchandiser will survey different consumers to figure out the most popular fashion styles in the industry today.
Fashion Merchandising Salary Overview
According to PayScale, The average salary for someone with a Bachelor degree in fashion merchandising is $54,000.
This is based on numerous positions that one can obtain after getting their degree, including:
- Assistant Buyer: $44,517
- Buyer: $63,766
- Associate Buyer: $58,640
- Merchandiser: $58,182
- Product Development Manager: $76,009
- Account Executive: $57,156
- Retail Store Manager: $50,595
- Merchandise Planner: $68,514
- Account Manager: $53,352
- Senior Buyer: $83,981
- Executive Assistant: $49,202
- Marketing Coordinator: $42,846
- Merchandising Manager: $69,966
- Marketing Manager: $59,712
Other positions include: Office Manager, Assistant Store Manager, Production Manager, Merchandise Manager, Director of Sales & Marketing, Fashion Designer, Product Development Coordinator, Operations Manager, Administrative Assistant, Executive Assistant to the CEO, Associate Product Manager, Operations Analyst, Allocation Analyst, Marketing Specialist, Marketing Assistant, Assistant Merchandiser, Customer Service Manager, Visual Merchandising Manager, Marketing Director, Department Manager of a Retail Store, and Associate Merchandiser
As you can see, there are endless possibilities of careers to go into once you obtain a degree in fashion merchandising. However, all of them offer a pretty decent and stable average salary.
Featured Fashion Merchandising Schools
Job Description and Outlook
If you are in the fashion merchandising business, you will work with retail management to establish and maintain specific financial objectives. It will be your job to work with other buyers and plan each season. Besides, it is your job to obtain the needed articles of clothing that your clients will need.
To do this, you will need to analyze the sales trends of your clients. You should also track your client’s success. This will allow you to figure out how effective your fashion plans are going.
Another thing that will allow you to do this is the customer feedback that you will need to monitor.
Another part of your job is to recommend inventory pricing based on sales reports from the past.
Since you are in the business of fashion merchandising, it will also be your job to purchase fashionable clothing.
You will also need to advertise and market all of the latest fashions. You need to make sure that consumers will want to purchase the items that your store is now selling. You may also need to create store displays.
Employment in the fashion merchandising business is not expected to grow by much.
Unfortunately, the Bureau of Labor & Statistics does not do forecasting for fashion merchandising specifically.
However, the job outlook for wholesale and retail buyers is expected to have a three percent decline between 2016 and 2026.
Fashion merchandisers work very closely with buyers and purchasers, so the outlook is likely to be about the same.
Training and Education Requirements
Many employers in the fashion merchandising industry are looking for a person who has a two or four-year degree. You must also know textiles, fashion trends, and fabrics.
If you wish to work in the fashion merchandising industry, it is essential for you to obtain your Associate’s degree or Bachelor’s degree in fashion design or fashion merchandising.
You can combine a fashion design degree with marketing, business, or even a fashion merchandising degree.
Of course, if you plan to dive into the fashion merchandising industry, you should obtain a fashion merchandising degree.
Other helpful courses may include courses in sewing and tailoring, fashion history, pattern making, textiles, and color. It may also benefit you if you were to take courses in psychology, human anatomy, and mathematics.
Employers also look for people who have had experience by working for retail stores, custom tailors, and personal stylists. This is because you will learn special sales and marketing skills that could greatly benefit you in the future.
Although a certificate is not required to become a fashion merchandiser, it can be very beneficial to your career.
By taking part in the merchandise buying certification program, you could learn to communicate with customers, regulate inventory, work with different vendors, and even control merchandise buying.
During this course, you will take classes such as salesmanship, human resource management, and retail merchandising.
The following professional associations offer help to fashion merchandisers:
- American Apparel and Footwear Association
- American Collegiate Retailing Association
- Color Marketing Group
- Fashion Group International, Inc
- International Association of Clothing Designers and Executives
- International Mass Retail Association
- National Retail Federation
Is Fashion Merchandising the Right Choice for You?
Becoming a fashion merchandiser will combine your love of fashion with the more analytical side that comes with running a business.
If those are two things that sound right up your alley, then fashion merchandising may be the right choice for you.
It can be an extremely gratifying career, especially when you forecast sales and fashion trends and see them come to life.
If you love a challenging career, then this also might be the career for you.
Additionally, the longer you stay in fashion merchandising, the more money you’ll make and the higher up you’ll go.
Are you interested in fashion merchandising? Let us know in a comment!
Get Your Degree!
Find schools and get information on the program that’s right for you.
Powered by Campus Explorer