Vice President (VP), Merchandising Salary

VPs of Merchandising in the United States can expect to earn an average of $151K annually. Including potential for bonuses and profit sharing, each hitting highs of $51K, total cash payment to VPs of Merchandising can bottom out at $99K or peak near $281K. Location is the biggest factor affecting pay for this group, followed by tenure. Job satisfaction for VPs of Merchandising is high. Most enjoy medical while a strong majority get dental coverage. Vision coverage is also available to a little over a half. The majority of VPs of Merchandising (67 percent) who took the survey are women. The figures in this rundown are based on the results of PayScale's salary questionnaire.
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$92,370 - $246,254
(Median)
$92K
$150K
$250K
MEDIAN: $151,090
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$100K$200K$300K
Salary
$92,370 - $246,254  
   
Bonus
$500 - $50,868  
Profit Sharing
$0.00 - $51,521  
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).
)
$98,504 - $281,130  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 151
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Job Description for Vice President (VP), Merchandising

The job of a vice president of merchandising is to promote services and products for their company at a wide variety of events, which include exhibits, recreational events, sporting events, concerts, retail outlets, and more. They are generally employed by retail stores, design establishments, entertainment houses, and other businesses.

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Vice President (VP), Merchandising Tasks

  • Analyze market trends and behavior of competitors to develop product marketing strategies.
  • Research customer behavior to determine which products company should offer.
  • Create plans for the introduction and promotion of new products based on the results of customer research.
  • Coordinate merchandise planning with marketing department and executives.

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Just a handful of professional skills are reported by VPs of Merchandising who took the survey. Merchandising and Product Development are considered valuable skills and can increase employee pay. At the other end of the pay range are skills like Product Development.

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Experience Affects Vice President (VP), Merchandising Salaries

Late-Career
up arrow 5%

Mid-Career
0%

National Average
$170,000

Experienced
up arrow 3%

Skills That Affect Vice President (VP), Merchandising Salaries

Merchandising
up arrow 18%

National Average
$170,000

Product Development
up arrow 12%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 23 votes.

Gender

Female
67 %
Male
33 %

Years of Experience

1-4 years
3%
5-9 years
12%
10-19 years
45%
20 years or more
40%

Common Health Benefits

medical benefits
Medical: 88%
dental benefits
Dental: 74%
medical benefits
Vision: 55%
dental benefits
None: 11%
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