What strategies could you implement for the merchandise?

Question

Accepted Answer

I would implement a mix of product diversification, targeted promotions, and data-driven inventory management strategies.

Conduct market research to identify new product opportunities and expand the merchandise mix
Create targeted promotions based on customer demographics and purchase history
Utilize data analytics to optimize inventory levels and reduce overstocking or stockouts
Collaborate with vendors to negotiate favorable pricing and improve product quality
Implement a customer feedback system to gather insights and improve the merchandise offering

Accepted Answer

I have good communication skills of talking to sell and buying goods with a good profit margin i have a experience of my own family business as well of 20 years

What strategies could you implement for the merchandise?

Popular interview questions of Merchandising Manager

Top HR questions asked in Tata Starbucks Merchandising Manager