The average salary for an Early-Career Merchandise Planner in Australia is AU$68,879.
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AU$48k - AU$99k
AU$6k - AU$10k
AU$49k - AU$100k
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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. Most of the time,…Read more
Merchandise Planner Tasks
- Decide what merchandise to buy based on past sales and market trend forecasts.
- Suggest strategies for promotion and pricing based on current sales trends.
- 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.
Merchandise Planner Job Listings
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Popular Skills for Merchandise Planner
Skills in Forecasting and Inventory Management are correlated to pay that is above average. Skills that pay less than market rate include Data Analysis and Microsoft Excel.
Pay by Experience Level for Merchandise Planner
An entry-level Merchandise Planner with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of AU$57,419 based on 5 salaries. A mid-career Merchandise Planner with 5-9 years of experience earns an average total compensation of AU$85,802 based on 36 salaries. An experienced Merchandise Planner with 10-19 years of experience earns an average total compensation of AU$91,313 based on 27 salaries. In their late career (20 years and higher), employees earn an average total compensation of AU$89,250.
Pay Difference by Location
Learn more about cost of living by city.
Employees with Merchandise Planner in their job title in Melbourne, Victoria earn an average of 3.3% more than the national average. The lowest salaries can be found in Geelong, Victoria (5.6% less) and Sydney, New South Wales (4.6% less).
Years of Experience
This data is based on 74 survey responses.
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