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Buying Merchandise

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Amruth Mv
Amruth Mv

This document outlines the process of buying merchandise, including methods like national brands or private label brands. It discusses evaluating, selecting, and negotiating with vendors before purchasing merchandise. The document also notes that merchandise can be sourced from various options like raw resource producers, manufacturers, wholesalers, agents or other retailers.

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Buying Merchandise Presenting By:- Pavan R
METHODS OF BUYING MERCHANDISE 1. National Brands / Manufacturers Brands 2. Private Label Brands
PROCESS OF BUYING MERCHANDISE Meeting vendors / Connecting with Vendors Evaluating and Selecting Vendors Negotiating with Vendors Handling the Merchandise Establishing and Maintaining Strategic Relationships with Vendors Purchasing from Vendors Deciding the source of Merchandise
DECIDING THE SOURCE OF MERCHANDISE 1. Raw resource products 2. Manufactures and primary producers 3. Government and Semi-Government Source 4. Wholesalers 5. Agents 6. Other retailers

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Buying Merchandise

  • 2. METHODS OF BUYING MERCHANDISE 1. National Brands / Manufacturers Brands 2. Private Label Brands
  • 3. PROCESS OF BUYING MERCHANDISE Meeting vendors / Connecting with Vendors Evaluating and Selecting Vendors Negotiating with Vendors Handling the Merchandise Establishing and Maintaining Strategic Relationships with Vendors Purchasing from Vendors Deciding the source of Merchandise
  • 4. DECIDING THE SOURCE OF MERCHANDISE 1. Raw resource products 2. Manufactures and primary producers 3. Government and Semi-Government Source 4. Wholesalers 5. Agents 6. Other retailers