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Merchandising Training Course

FREE PDF Certificate | Audio Visual Learning | 10 CPD Points | Tutor Support | 1 Year Access


Janets

Summary

Price
£15 inc VAT
Study method
Online
Duration
4 hours · Self-paced
Access to content
1 year
Qualification
No formal qualification
CPD
10 CPD hours / points
Additional info
  • Exam(s) / assessment(s) is included in price
  • Tutor is available to students

4 students purchased this course

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Overview

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Have you given up looking for a course that can improve your understanding and help you to bloom? If so, you've come to the right spot because our tactfully crafted Merchandising course will help you go one step closer to achieving your goal.

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Each session in this course is thorough and easy-to-understand. The extensive course materials of course are accessible at any time and from any location, allowing you to study at your own speed in the comfort of your own home. Throughout the course, you will receive tutor support, and our helpful customer service is available around-the-clock to help you with any problems you might face while studying the course.

What You Get Out Of Studying With Janets

  • Free PDF certificate upon successful completion of the course
  • Full one-year access to course materials
  • Instant assessment results
  • Full tutor support available from Monday to Friday
  • Study the course at your own pace
  • Accessible, informative modules taught by expert instructors
  • Get 24/7 help or advice from our email and live chat teams with the training
  • Study at your own time through your computer, tablet or mobile device
  • Improve your chance of gaining valuable skills by completing the course

✦✦✦ Enrol in the Merchandising course to find out more about the topic and get one step closer to reaching your desired success ✦✦✦

CPD

10 CPD hours / points
Accredited by CPD Quality Standards

Course media

Description

The course is delivered through Janets’ online learning platform. The Merchandising has no formal teaching deadlines, meaning you are free to complete the course at your own pace.

Course Modules

Module 01: Merchandising Theory

  • What is Merchandising?
  • 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 Merchandising
  • 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?
  • Who Does Visual?
  • Visual 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
  • 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

Method of Assessment

To successfully complete the course, students will have to take an automated multiple-choice exam. This exam will be online and you will need to score 60% or above to pass the course.

After successfully passing the course exam, you will be able to apply for a certificate as proof of your expertise.

Certification

All students who successfully complete the course can instantly download their free e-certificate. You can also purchase a hard copy of the certificate, which will be delivered by post for £9.99.

Who is this course for?

Thecourse is ideal for those who are interested or already working in this sector.

Requirements

No prior qualifications are needed for Learners to enrol on this course.

Career path

This Merchandising course will assist you to get your desired job in the relevant field. The course will also progress your career, regardless of your present job status.

Questions and answers

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FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.