Elements and Performance Criteria
- Prepare to develop merchandising plan
- Establish merchandising objectives according to workplace requirements
- Analyse stock levels and sales data to determine product life cycle
- Determine budget for merchandising
- Develop merchandising plan
- Determine quantities, sizes, colours and designs of products to be purchased
- Develop a merchandising plan that details workplace requirements
- Assess, document and store merchandising plan
- Present merchandising plan to stakeholder and integrate stakeholder response into proposals
- Document merchandising plan according to industry practices, including any legal, ethical and work health and safety requirements
- Document reports on merchandising opportunities and strategies, and present to relevant audience