MerchandisingManagement
Merchandising Management refers to the systematic planning, execution, and oversight of the processes involved in bringing products from design to the consumer’s point of purchase. It encompasses the selection of which products to offer, the pricing strategy, the arrangement on shelves or online platforms, and the promotional tactics used to stimulate demand. Effective merchandising management seeks to maximize sales, improve margin efficiency, and enhance the overall customer experience.
Key functions of merchandising management include assortment planning, where an organization determines the breadth and depth
Technology plays an increasingly vital role through data analytics, which provides insights into sales trends, customer
The impact of merchandising management extends beyond immediate sales figures. Strong merchandising can build brand equity,