Merchandise means
personal or commercial goods or commodities, bought and sold in retail or
wholesale. Any product on which organization is working to buy, sell or to
manufacture is known as merchandise.
2. Merchandiser
Merchandiser act as a bridge between the Buying house and the manufacturing unit. Actually, one’s main responsibility is to make and market the product. A merchandiser is a person responsible to address the planning, production, promotion, and distribution of merchandise in the industry and meet the customer’s needs and demands. Merchandiser is also known as merchant.
3. Merchandising:
The word “MERCHANDISING” evolves from Merchandise (The Merchandise means the goods that are bought and sold in business). Hence merchandising is a process in which goods are purchased and sold at the agreed price, at the decided date with the right quality. Merchandising function involves all activities linked with buying and selling of goods.
Example:
Suppose a factory is
involved in making a long sleeve flannel shirt. Buyer has given an order of
making 50000 pcs.
Here many people will
be involved in making that product. Here merchandise is shirt; merchandiser
will be people who will deal with buyer and factory people to make merchandise
as per buyer requirement. While making the product as per buyer requirement
merchandiser will do a lot of activities and these activities are known as
merchandising activities.
Thank you very much for discuss about the merchandising step by step. From this topics people are educated about the garments merchandising.
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