Get into the business of fashion apparel retailing online and in-store. Examine forecasting and purchasing techniques and buying methods. Produce an optimal buying or merchandising plan. Get ready to take a key role whether in business for yourself or working for someone else.
As a buyer, you will learn effective techniques for interacting with manufacturers and sales reps. You will create a merchandise assortment plan complete with store layout and a supporting a six month financial plan and a marketing plan. You will learn to manage profitability and have a solid understanding of retail math.
As sellers/vendors, you will understand market pricing and what stores/buyers are looking for. By the end of class, you will know how to close an order, negotiate terms, promote the line and make money.
During class you will:
- Identify and understand potential customers
- Develop sales forecasts
- Prepare a 6-month merchandise plan
- Plan merchandise assortments
- Identify criteria for selecting vendors
- Prepare for a market visit
- Negotiate with vendors
- Place an order
- Coordinate promo activities.
- Conquer supply chain issues in a digital economy.
Instructor:Jena Nesbitt, senior product developer, Pinecrest Fabrics
Dates/Times:Tuesday, May 19-June 23, 6-9 pm
Supply List:CLASS SUPPLY LIST
Please bring your laptop or tablet to this class for taking notes and for in-class research.