For VPs of Merchandising, yearly average wages total $164K annually. Total cash earnings of VPs of Merchandising range from $99K on the low end to $303K on the high end; the final amount can include bonuses and profit sharing proceeds that occasionally exceed $55K and $48K, respectively. Geography is the biggest factor affecting pay for this group, followed by career length. The majority of VPs of Merchandising (60 percent) who took the survey are women. Medical benefits are awarded to nearly all, and most earn dental coverage. Job satisfaction is reported as high by the vast majority of workers. The figures in this overview were provided by individuals who took PayScale's salary questionnaire.
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$99,084 - $262,636
(Median)
$99K
$160K
$260K
MEDIAN: $164,345
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$110K$220K$330K
Salary
$99,084 - $262,636  
   
Bonus
$2,043 - $55,149  
Profit Sharing
$0.00 - $48,479  
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 - $303,045  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 91
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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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Experience Affects Vice President (VP), Merchandising Salaries

Late-Career
up arrow 3%

National Average
$194,000

Experienced
up arrow 10%

Mid-Career
up arrow 12%

Skills That Affect Vice President (VP), Merchandising Salaries

National Average
$194,000

Product Development
up arrow 14%

Merchandising
up arrow 17%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 17 votes.

Gender

Female
60 %
Male
40 %

Years of Experience

1-4 years
2%
5-9 years
7%
10-19 years
41%
20 years or more
50%

Common Health Benefits

medical benefits
Medical: 94%
dental benefits
Dental: 83%
medical benefits
Vision: 61%
dental benefits
None: 6%
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