Retail and Wool Buyer

The job description of a retail buyer holds quite a few similarities to that of a wool buyer. While wool buyers are only tasked with assessing and purchasing wool, however, retail buyers must work in a variety of formats and assess and purchase a variety of goods for resale in retail establishments.

Duties and tasks

  • Appraising retail products
  • Determining the needs of particular markets
  • Monitoring stocks and sales levels for insights into markets
  • Negotiating with wholesalers and other sellers for a mutually satisfactory price
  • Researching consumer trends and desires
  • Selecting retail products for particular retail outlets
  • Working with the management of various individual stores to assess needs and determine sale prices

Skills required

  • Ability to persuade others
  • Active listening skills
  • High interpersonal capabilities
  • Negotiation skills
  • Oral and written communication

Working conditions

Retail Buyers often work for larger retail or commercial outfits. They may visit wholesalers or other sellers on a regular or irregular basis. Retail buyers sometimes work on a freelance or entrepreneurial basis, and in this case, will often sell to smaller outlets.

Professional associations / Industry information

ARA Retail Institute
National Retail Association
Service Skills Australia

Related jobs and job titles

  • Commodities Trader
  • Importer and Exporter
  • Retail Manager
  • Sales Representative
  • Technical Sales Representative