• Monitoring sales and identifying any losses or stock wastage
• Working with suppliers and distributors to negotiate prices and order large volumes
• Collaborate with executives, marketers and salespeople to set prices that are good for the market and profit
• Getting to know the customer base and understanding their motivation and sales drivers
• Reviewing customer feedback to predict sales trends and seasonal stock demand
• Briefing staff on stock display and rotation to ensure every space is optimized
• Researching and monitoring industry trends and consumer behavior to anticipate demand and changes in buying patterns
• Making predictions based on sales data, customer feedback and market trends
• Assessing the effectiveness of different product displays and store layouts on sales figures
• Reviewing competitors, including pricing, profit, marketing and other progress