The average salary for a Mid-Career Merchandise Planner is C$62,640.
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C$48k - C$86k
C$2k - C$15k
C$50k - C$95k
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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
Popular Skills for Merchandise Planner
Skills in Microsoft Excel, Data Analysis and Strategic Planning are correlated to pay that is above average. Skills that pay less than market rate include Inventory Management.
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 C$42,298 based on 13 salaries. An early career Merchandise Planner with 1-4 years of experience earns an average total compensation of C$55,646 based on 42 salaries. An experienced Merchandise Planner with 10-19 years of experience earns an average total compensation of C$59,344 based on 11 salaries.
Pay Difference by Location
Learn more about cost of living by city.
Employees with Merchandise Planner in their job title in Vancouver, British Columbia earn an average of 23.7% more than the national average. These job titles also find higher than average salaries in Montréal, Québec (18.1% more). The lowest salaries can be found in Winnipeg, Manitoba (15.1% less) and Toronto, Ontario (7.4% less).
Years of Experience
This data is based on 66 survey responses.
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