Retail Merchandiser – Online

Salary: £30,000 – £36,000 per year

Retail Merchandiser – Online

Key Benefits

Profit share bonus scheme

25 days holiday a year plus bank holidays

On-site parking

Retail discounts programme

Tech benefits scheme

Tax free childcare scheme

Gym discounts programme

Reward and recognition scheme

Cycle to work scheme

Car leasing and maintenance scheme

Wellness programmes for health and finance

The GM8 Group Ltd is a family owned business and runs several ecommerce websites and operates on a number of online marketplaces, selling a wide range of environmentally friendly, sustainable and eco products for inside and outside the home. As a business we are trying to help our customers reduce their impact on the environment.

We are looking for a dynamic and enthusiastic retail merchandiser to predict up and coming sales trends to ensure maximum profitability.

Your role as retail merchandiser will be to ensure that products appear on the right websites and marketplaces, at the right time and in the right quantities. This will involves working closely with other teams within the business to accurately forecast trends, plan stock levels and monitor performance.

As retail merchandiser you will decides how much money should be spent, how many lines should be bought, and in what quantities.

You will play a key role within the business, as profits can be affected by how successfully you undertake your work. You will be responsible for setting prices to maximise profits and manage the performance of ranges, planning promotions and markdowns as necessary.

You will also be responsible for overseeing the delivery and distribution of stock and deal with suppliers.

Responsibilities

As retail merchandiser, you will need to:

• plan product ranges and prepare sales and stock plans in conjunction with other stakeholders
• liaise with suppliers and distributors
• maintain a comprehensive library of appropriate data
• work closely with the ecommerce team to decide how goods should be displayed to maximise sales
• forecast profits and sales, and optimise the sales volume and profitability of designated product areas
• plan budgets and present sales forecasts and figures for new ranges
• control stock levels based on forecasts for the season
• use specialist computer software, for example to handle sales statistics, produce sales projections and present spreadsheets and graphs
• analyse every aspect of bestsellers (for example, the bestselling price points, colours or styles), ensuring that they reach their full potential
• maintain awareness of competitors’ performance
• monitor slow sellers and take action to reduce prices or set promotions as necessary
• gather information on customers’ reactions to products
• analyse the previous season’s sales and report on the current season’s lines
• make financial presentations to senior managers
• visit manufacturers to appreciate production processes
• meet with suppliers and manage the distribution of stock, by negotiating cost prices, ordering stock, agreeing timescales and delivery dates and completing the necessary paperwork
• identify production and supply difficulties and deal with any problems or delays as they arise

Qualifications

This role is open to anyone with the relevant experience. Applicants with a degree or experience in the following fields are of particular interest:

Accountancy and finance

Business or management

Economics

IT or computer studies

Marketing

Mathematics or statistics

Retail management.

Having an interest in the products that we sell would also be an advantage.

Skills

You’ll need to have:

• strong analytical and numerical skills to work out budgets and understand sales figures
• the ability to work under pressure in a dynamic environment and to quickly identify problems and recommend solutions
• sound decision-making skills and the ability to plan and prioritise
• excellent communication and negotiation skills
• the ability to work well as part of a team and to build and maintain effective working relationships with a range of people
• strong commercial acumen and the ability to understand what will appeal to customers
• computer literacy
• creative flair
• self-confidence
• a driving licence

Job Type: Full-time, Permanent

Salary: £30,000 – £36,000per year dependent on experience

Hours: 8:30am to 5:30pm Monday to Friday

Location: Hitchin, Hertfordshire