How much does a Top Merchandising Executive make in Rhode Island? The average Top Merchandising Executive salary in Rhode Island is $438,075 as of March 26, 2024, but the range typically falls between $371,425 and $566,150. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.
Percentile | Salary | Location | Last Updated |
10th Percentile Top Merchandising Executive Salary | $310,744 | RI | March 26, 2024 |
25th Percentile Top Merchandising Executive Salary | $371,425 | RI | March 26, 2024 |
50th Percentile Top Merchandising Executive Salary | $438,075 | RI | March 26, 2024 |
75th Percentile Top Merchandising Executive Salary | $566,150 | RI | March 26, 2024 |
90th Percentile Top Merchandising Executive Salary | $682,756 | RI | March 26, 2024 |
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Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
Planning: An act or process of making or carrying out plans. Establishment of goals, policies, and procedures for a social or economic unit city planning business planning.
Futures: Futures are derivative financial contracts obligating the buyer to purchase an asset or the seller to sell an asset at a predetermined future date and set price.
Merchandising: In the broadest sense, merchandising is any practice which contributes to the sale of products to a retail consumer. At a retail in-store level, merchandising refers to the variety of products available for sale and the display of those products in such a way that it stimulates interest and entices customers to make a purchase. In the profession of merchandising you are either employed by the store in which you work, or by an independent distributor. As a professional merchandiser, in a retail setting, you will not only know your products(I.e. coffee, juice, soda, etc.) but you will gauge other “vendors” like products as you tend to your job. Working with the store and other merchandisers, shelf space is often given or taken as need be in some locations(for some young merchandisers this is known as “war”) In retail commerce, visual display merchandising means merchandise sales using product design, selection, packaging, pricing, and display that stimulates consumers to spend more. This includes disciplines and discounting, physical presentation of products and displays, and the decisions about which products should be presented to which customers at what time.
Top Merchandising Executive oversees, plans, and directs all aspects of a retail organization's merchandise buying activities. Leads the development of product assortment strategies to meet customer demand and maximize sales and profits. Being a Top Merchandising Executive utilizes data analytics, forecasting, trend research, and sales performance to develop effective merchandising plans. Establishes methodologies and guidelines for merchandise pricing and markdowns. Additionally, Top Merchandising Executive develops new and manages the existing supply chain and vendor relationships. Requires a bachelor's degree in marketing, merchandising, business or other related field. Typically reports to top management. The Top Merchandising Executive manages a business unit, division, or corporate function with major organizational impact. Establishes overall direction and strategic initiatives for the given major function or line of business. Has acquired the business acumen and leadership experience to become a top function or division head. (Copyright 2024 Salary.com)... View full job description
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Location | Avg. Salary | Date Updated |
---|---|---|
Location Coventry, RI | Avg. Salary $439,334 | Date Updated March 26, 2024 |
Location Cumberland, RI | Avg. Salary $440,173 | Date Updated March 26, 2024 |
Location East Providence, RI | Avg. Salary $440,173 | Date Updated March 26, 2024 |
Location Narragansett, RI | Avg. Salary $442,690 | Date Updated March 26, 2024 |
Location Tiverton, RI | Avg. Salary $443,949 | Date Updated March 26, 2024 |
Location Westerly, RI | Avg. Salary $446,467 | Date Updated March 26, 2024 |
Location Woonsocket, RI | Avg. Salary $439,753 | Date Updated March 26, 2024 |
Location Adamsville, RI | Avg. Salary $443,949 | Date Updated March 26, 2024 |
Location Albion, RI | Avg. Salary $440,173 | Date Updated March 26, 2024 |
Location Ashaway, RI | Avg. Salary $447,306 | Date Updated March 26, 2024 |
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Jobs with different levels of education may pay very differently. Check the Top Merchandising Executive salary of your education level.
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About Rhode Island Rhode Island (/ˌroʊd -/ (listen)), officially the State of Rhode Island and Providence Plantations, is a state in the New England region of the United....More
Skills associated with Top Merchandising Executive: Demand Forecasting, Trend Analysis, Vendor Selection, Merchandising ...More
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