Overview
Retail Merchandiser Jobs in Bengaluru, Karnataka, India at NEWME
Title: Retail Merchandiser
Company: NEWME
Location: Bengaluru, Karnataka, India
Company description
NEWME is a real-time fashion company serving Gen Z across India. We celebrate
individualism and enable individuals to express themselves through the latest
fashion that is accessible and affordable. Our products are unique and a little bit
extra!
We are a team of committed, creative and fun people building a new-age workplace
that fosters creativity, strives for diversity, and promotes inclusivity. We are deeply
committed to bringing out the best in you and helping you reach the next level in your
professional journey.
Job Description
We are seeking a highly motivated and detail-oriented individual to join our team as
a Retail Merchandiser for our thriving online fashion brand. The ideal candidate will
assist in the planning, coordination, and execution of merchandising strategies to
optimize product placement, maximize sales, and enhance the overall shopping
experience for our customers. This role involves collaboration with cross-functional
teams and requires a keen understanding of market trends, consumer behaviour,
and inventory management. Becoming successful in this role will serve as a fantastic
starting point to build an exciting career in this industry.
Responsibilities
• Collaborate with the merchandising team to develop and implement effective
merchandising strategies and plan assortments for each collection.
• Ensure optimal product placement within the store to enhance visibility,
customer interest and drive sales.
• Produce layout plans for stores and maintain store shelves and inventory
levels effectively by collaborating with the merchandising team & store
managers to prevent stockouts or overstock situations.
• Conduct regular stock checks and assist in maintaining accurate inventory
records.
• Monitor stock movement and consider markdowns, promotions, price
changes, clear outs etc.
• Analyse sales figures, customers reactions and market trends to anticipate
product needs and plan product ranges.
• Work closely with the marketing, buying, and design teams to align
merchandising strategies with overall business goals.
• Assist in monitoring and analysing pricing strategies to maximize profitability.
• Forecast profits/sales and plan budgets, generate, and analyse sales reports
to evaluate the performance of merchandise categories.
• Conduct regular analyses, track metrics, and provide regular updates on key
performance indicators to relevant stakeholders.
• Strong listening, presentation and decision-making skills, commercial acumen
and the ability and inclination to decode customer preferences
• Effectively communicate with store managers and staff to ensure successful
implementation of merchandising plans.
Qualifications
• 1-3 years of experience in the fashion retail industry / e-commerce
• Graduate/Diploma in design/apparel merchandising, MBA-Marketing, NIFT
(GMT/FD/Textile D&D)
• Strong analytical skills with the ability to run both qualitative & qualitative
analysis of sales, customer preference changes & market research
• Proficiency in Microsoft Office Suite (Word, Excel, PowerPoint)
• Effective communication and interpersonal skills to collaborate with cross-functional teams and external vendors