How To Become A Wholesale and Retail Buyer: Degree and Education Requirements

Stanley TanLeave a Comment



what degree do you need to become a Wholesale and Retail Buyer
majors for Wholesale and Retail Buyers

Wholesale and Retail Buyers

Other names for this job might include Art Dealer, Buyer, Buyer Assistant, Category Manager, Commodity Manager, Contracts Specialist, Fashion Buyer, Fur Buyer, Gold Buyer, Grocery Buyer


  • $59270
    Salary
  • 66%
    Job satisfaction
  • Medium
    Becoming one
  • Medium
    Job growth
OwlGuru Rank

B



Be A Wholesale and Retail Buyer: What You Really Need


In this requirements guide for Wholesale and Retail Buyers, you will find out what do you need to become a Wholesale and Retail Buyer and what it takes to become one.

After reading this, you will be able to plan for your future if you want to be a Wholesale and Retail Buyer.



Degree required

Recommended degree level

Between High School Diploma and Associate’s Degree

Bachelors degree
34.65%

High School Diploma
20.3%

No degree
13.92%

Associates degree
11.43%

Certificate
10.3%

Generally, employers are looking for Wholesale and Retail Buyers who have a Bachelors degree. They also prefer someone who is good in Active Listening and Speaking.

1 common question that we always get is what major or degree do I need to become A Wholesale and Retail Buyer or what courses do I need to take.

We did a survey to ask other Wholesale and Retail Buyers what did they major in college or university and here are the most popular majors that came up.

Wine Steward/Sommelier
Apparel and Textile Marketing Management
Sales, Distribution, and Marketing Operations, General
Merchandising and Buying Operations
General Merchandising, Sales, and Related Marketing Operations, Other

Educational requirements usually vary with the size of the organization. A high school diploma is enough at many organizations for entry into the Wholesale and Retail Buyers, Except Farm Products occupation, although large stores and distributors may prefer applicants who have completed a bachelor’s degree program and have taken some business or accounting classes. Many manufacturing firms put an even greater emphasis on formal training, preferring applicants who have a bachelor’s or master’s degree in engineering, business, economics, or one of the applied sciences. Wholesale and Retail Buyers, Except Farm Products usually have at least a bachelor’s degree and some work experience in the field. A master’s degree may be required for advancement to some top-level Wholesale and Retail Buyers, Except Farm Products jobs.



Schools

schools for Wholesale and Retail Buyers

Interested in becoming A Wholesale and Retail Buyer? Find the right schools that can help you to become one. You will need some of your details to get you matched with the right college or university. This service is free thanks to our sponsors.

Questions to ask the university or college:

  1. How many students are in the program?
  2. Is your program accredited?
  3. How many faculty members do you have? Do they hold the right credentials?
  4. What is your job placement rate?
  5. Does your school hold career fairs or other on-campus events with employers? How many employers typically attend?
  6. How many of your students have at least one internship by graduation?

Click to start becoming a Wholesale and Retail Buyer




How long does it take

Difficulty
Medium

You may need some previous work-related skill, knowledge or experience to be A Wholesale and Retail Buyer.

For example: An electrician must have completed three or four years of apprenticeship or several years of vocational training, and often must have passed a licensing exam, in order to perform the job.

To become A Wholesale and Retail Buyer, you will usually need 1 to 2 years of training which includes both on-the-job experience and training with experienced workers.


How long does it take
3 to 6 years


Work experience
2 to 4 years

2 to 4 years
48.58%

1 to 2 years
22.47%

No experience
15.45%

4 to 6 years
12.79%

8 to 10 years
0.7%

Job training
1 to 2 years

3 to 6 months
42.07%

6 months to 1 year
21.78%

1 to 3 months
17.27%

1 to 2 years
12.96%

0 to 1 month
5.52%

Most Wholesale and Retail Buyers have 2 to 4 years work experience and 1 to 2 years job training.

To increase your chances of getting a job, you can look for job training while studying to be one.



License and certifications

Do you need any license or certification
Recommended but not required


The Certified Professional in Supply Management (CPSM) credential, offered by the Institute for Supply Management, covers a wide scope of duties that Wholesale and Retail Buyers, Except Farm Products do. The exam requires applicants to either have a bachelor’s degree and 3 years of supply management experience, or for those without a bachelor’s degree, 5 years of supply management experience and the successful completion of three CPSM exams.



Skills required

We asked other Wholesale and Retail Buyers if they could only have 5 skills, what would they be. Here is what they said.

1. Active Listening what does this mean
2.Speaking what does this mean
3.Persuasion what does this mean
4.Negotiation what does this mean
5.Critical Thinking what does this mean
= Hot in-demand that most employers are looking for

We did some research and found that most successful Wholesale and Retail Buyers have these 5 common characteristics. Most of them had Cooperation and Adaptability/Flexibility.

1.Cooperation
2.Adaptability/Flexibility
3.Dependability
4.Attention to Detail
5.Integrity




Knowledge required

Just like any other job, you will need some know-hows to do the job. To become a successful Wholesale and Retail Buyers you need to acquire knowledge in these 5 key areas.

1. Customer and Personal Service what does this mean
2.Administration and Management what does this mean
3.Sales and Marketing what does this mean
4.English Language what does this mean
5.Economics and Accounting what does this mean

As A Wholesale and Retail Buyer, you may also be required to know how to use certain Accounting software, Point of sale POS software and Enterprise resource planning ERP software tools.

Accounting software (Accounting software)
Advanced Retail Management Systems Retail Pro (Point of sale POS software)
Biztrak Business Solutions Biztrak (Enterprise resource planning ERP software)
CAM Commerce Solutions Retail STAR Point of Sale POS (Point of sale POS software)
Claritas ConsumerPoint (Customer relationship management CRM software)
= Hot in-demand that most employers are looking for




How we can help

Start your journey to be A Wholesale and Retail Buyer

Get the best college for Wholesale and Retail Buyers


Discover the best colleges for your $$$


Find colleges have the highest earning grads


Yes, I'm sure







Trusted by over 50,000 fans

[easy-followers title=”” nofollow=”1″ total_type=”text_before” columns=”2″ template=”tinycolor”]

Career type

Business and Finance
Green Enhanced Skills
Research, Design and Consulting Services
Buying and Merchandising, Professional Sales and Marketing

Other Careers Like This


Help Others Out



Learn more about Wholesale and Retail Buyers

Summary
Job Description
Salary
Requirements (You are here)
Is This Right For Me

Study To Be A Wholesale and Retail Buyer


Related to Wholesale and Retail Buyers Requirements

Wholesale and Retail Buyers requirements, how to become Wholesale and Retail Buyers, degree required to be a Wholesale and Retail Buyer, Wholesale and Retail Buyers license and certifications, majors to be a Wholesale and Retail Buyer, is it hard to become a Wholesale and Retail Buyer and how long does it take

Additional resources

http://www.bls.gov/OOH/business-and-financial/buyers-and-purchasing-agents.htm
http://www.american-purchasing.com/
https://www.instituteforsupplymanagement.org/
http://www.nigp.org/

OwlGuru.com
OwlGuru.com is a career and college finder site. We help students to find a career and college that is right for them.
Wholesale and Retail Buyers
Written by: Stanley Tan
Wholesale and Retail Buyers buy merchandise or commodities, other than farm products, for resale to consumers at the wholesale or retail level, including both durable and nondurable goods. Analyze past buying trends, sales records, price, and quality of merchandise to determine value and yield. Select, order, and authorize payment for merchandise according to contractual agreements. May conduct meetings with sales personnel and introduce new products. Includes assistant wholesale and retail buyers of nonfarm products.
4 / 5 stars

Leave a Reply

Your email address will not be published. Required fields are marked *