Buying Manager

Buying Manager Interview Questions and Answers

Updated 1 Dec 2024

Q1. How would you create an assortment mix for a new category launch?

Ans.

To create an assortment mix for a new category launch, I would analyze market trends, customer preferences, competitor offerings, and budget constraints.

  • Conduct market research to understand customer needs and preferences

  • Analyze competitor assortments to identify gaps and opportunities

  • Consider budget constraints and pricing strategies

  • Collaborate with suppliers to source a variety of products that meet customer demands

  • Create a balanced assortment mix with a range of products i...read more

Q2. What is the optimal balance between repeat and new styles?

Ans.

The optimal balance between repeat and new styles depends on customer preferences, market trends, and brand strategy.

  • Consider customer feedback and sales data to determine which styles are popular and should be repeated.

  • Monitor market trends and competitor offerings to identify opportunities for new styles that will appeal to customers.

  • Maintain a balance between repeat styles to ensure consistency and brand recognition, while introducing new styles to keep the assortment fres...read more

Q3. Do you know, Power BI, Macros, SQL?

Ans.

Yes, I am familiar with Power BI, Macros, and SQL.

  • I have experience using Power BI for data visualization and analysis.

  • I am proficient in creating and using Macros in Excel for automation tasks.

  • I have a strong understanding of SQL for querying databases and manipulating data.

Q4. Performance of current businesse

Ans.

The performance of current businesses is strong, with consistent growth in sales and profitability.

  • Sales have been increasing steadily year over year.

  • Profit margins have improved due to cost-saving measures implemented.

  • Market share has expanded through successful marketing strategies.

  • Customer satisfaction ratings are high, leading to repeat business and referrals.

Are these interview questions helpful?

Q5. Market analysis of fashion e-commerce.

Ans.

Fashion e-commerce market analysis involves studying trends, competitors, consumer behavior, and online platforms.

  • Analyze current trends in fashion e-commerce such as sustainable fashion, influencer collaborations, and personalized shopping experiences.

  • Research competitors in the market to understand their strategies, pricing, and target audience.

  • Study consumer behavior in online shopping, including preferences for mobile shopping, social media influence, and customer reviews...read more

Buying Manager Jobs

Nestasia - Buying Manager (5-7 yrs) 5-7 years
Nestasia
2.7
Manager Buying 5-10 years
Aaman Business Consultancy
0.0
₹ 9 L/yr - ₹ 12 L/yr
Mumbai
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