Retail Buyer Salary

An average Retail Buyer in the United States can expect to take home roughly $52K per year. Residence and experience level each impact pay for this group, with the former having the largest influence. Men are in the minority of survey respondents, with female Retail Buyers making up 70 percent. While some workers in this profession — roughly a fifth — do not have any health coverage, a fair number do receive medical benefits and more than half have dental insurance. Work is enjoyable for Retail Buyers, who typically claim high levels of job satisfaction. This report is based on responses to the PayScale salary survey.
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$32,944 - $91,176
(Median)
$33K
$52K
$91K
MEDIAN: $52,322
10%
50%
90%

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$10.07 - $21.01
(Median)
$10
$15
$21
MEDIAN: $15.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$32K$64K$96K
Salary
$32,944 - $91,176  
   
Bonus
$0.00 - $19,269  
Profit Sharing
$1,323 - $3,529  
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).
)
$27,233 - $93,658  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 156
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$16$32$48
Hourly Rate
$10.07 - $21.01  
   
Overtime
$7.50 - $32.49  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$32K$64K$96K
Bonus
$0.00 - $19,269  
   
Profit Sharing
$1,323 - $3,529  
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).
)
$27,233 - $93,658  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 52
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Job Description for Retail Buyer

Retail buyers are responsible for developing and buying merchandise for their store or department. The buyer analyzes data to predict what will be popular with shoppers to ensure those items are sufficiently stocked. For clothing and fashion, retail buyers often work closely with fashion designers to stay ahead of what is (and will be) popular in the fashion industry. Retail buyers may be required to travel to attend events such as fashion shows, trade shows, and fairs. They work with other teams in the organization to meet company quotas, sales volume, and margins. Retail buyers may also supervise an assistant buyer or buyers, who help with the ordering process and responding to vendor questions, among other tasks.

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Retail Buyer Tasks

  • Ensure that orders are delivered on time and at cost.
  • Resolve billing and shipping problems and provide information to suppliers.
  • Identify suppliers, select merchandise and negotiate bills of sale for a business.
  • Inspect deliveries for shipping errors, improper handling, or quality issues.

Buyer Job Listings

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Retail Buyers report using a wide range of professional skills. Most notably, skills in Negotiation, Merchandising, Data Analysis, and Strategic Planning are correlated to pay that is above average. Those listing Customer Service as a skill should be prepared for drastically lower pay. Inventory Management and Strategic Planning also typically command lower compensation.

Pay by Experience Level for Retail Buyer

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


Retail Buyers with a lot of experience tend to enjoy higher earnings. Average salaries for inexperienced employees average out to around $43K, but folks who have five to 10 years of experience earn a higher median of $49K. Retail Buyers see a median salary of $52K after reaching one to two decades on the job. Retail Buyers who have spent more than 20 years on the job report earning a significantly higher median of $65K.

Related Job Salaries

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Experience Affects Retail Buyer Salaries

Late-Career
up arrow 35%

Experienced
up arrow 7%

Mid-Career
up arrow 2%

National Average
$48,000

Entry-Level
up arrow 10%

Skills That Affect Retail Buyer Salaries

National Average
$48,000

Negotiation
up arrow 11%


Data Analysis
up arrow 18%

Strategic Planning
up arrow 23%

Inventory Management
up arrow 24%

Customer Service
up arrow 31%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 28 votes.

Gender

Female
70 %
Male
30 %

Years of Experience

Less than 1 year
2%
1-4 years
27%
5-9 years
35%
10-19 years
19%
20 years or more
17%

Common Health Benefits

medical benefits Medical: 77% dental benefits Dental: 55%
vision benefits Vision: 38% employee benefits None: 21%
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