A Merchandise Planner earns an average salary of $67,109 per year. People in this job generally don't have more than 20 years' experience.

$47,240 - $94,267
(Median)
$47K
$67K
$94K
MEDIAN: $67,109
10%
50%
90%

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$12.58 - $29.70
(Median)
$13
$17
$30
MEDIAN: $17.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$34K$68K$102K
Salary
$47,240 - $94,267  
   
Bonus
$800 - $12,271  
Profit Sharing
$0.00 - $9,887  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$45,097 - $99,883  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 375
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$17$34$51
Hourly Rate
$12.58 - $29.70  
   
Overtime
$30.10  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Bonus
$800 - $12,271  
   
Profit Sharing
$0.00 - $9,887  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$45,097 - $99,883  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 17
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Job Description for Merchandise Planner

Merchandise planners are in charge of developing effective merchandise strategies for their company. They are responsible for creating sound financial plans that reduce company spending, and increase overall profit. They review forecasts, use past performance to make projections, make recommendations for promotional markdowns, and manage inventory to maximize profitability. Additionally, merchandise planners research market trends to increase create more attractive offerings.

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Merchandise Planner Tasks

  • Track the level of inventory compared to the number of sales, working to quickly turn around products.
  • Generate short and long term merchandising plan to meet company financial objectives.
  • Decide what merchandise to buy based on past sales and market trend forecasts.
  • Suggest strategies for promotion and pricing based on current sales trends.

Common Career Paths for Merchandise Planner


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Merchandise Planner Job Listings

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Popular Employer Salaries for Merchandise Planner

Popular Skills for Merchandise Planner

Pay by Experience Level for Merchandise Planner

Median of all compensation (including tips, bonus, and overtime) by years of experience.

Pay Difference by Location

National Average: $68,389

Larger city markers indicate a job is popular in that location.

Related Job Salaries

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Experience Affects Merchandise Planner Salaries




National Average
$68,000


Skills That Affect Merchandise Planner Salaries

Forecasting
up arrow 4%

Strategic Planning
up arrow 4%

Financial Analysis
up arrow 4%

Data Analysis
0%

Microsoft Excel
0%

National Average
$68,000

Inventory Management
up arrow 1%

Merchandising
up arrow 7%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 47 votes.

Gender

Female
70 %
Male
30 %

Years of Experience

Less than 1 year
4%
1-4 years
45%
5-9 years
29%
10-19 years
16%
20 years or more
7%

Common Health Benefits

medical benefits
Medical: 90%
dental benefits
Dental: 86%
medical benefits
Vision: 77%
dental benefits
None: 8%
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