The average salary for a Category Manager is £39,448 per year. Experience has a moderate effect on pay for this job. Skills that are associated with high pay for this job are Supplier Management, Strategic Sales, and Strategic Marketing. Most people move on to other jobs if they have more than 20 years' experience in this field.
|Salary||£25,766 - £59,114|
|Bonus||£995 - £10,094|
|Profit Sharing||£0.00 - £9,863|
|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).)
|£26,973 - £64,938|
Job Description for Category Manager
A category manager determines the layout of products in a store, using sophisticated demographic data to assess possible product assortment schemes, select an option, ensure the selected scheme is employed, and monitor the scheme's performance. Along with organizing a product assortment scheme, a category manager also creates charts and diagrams so that the company's annual plans are broken down into seasonal and monthly assortment change calendars.Read More...
Along with dealing with product assortment, a category manager also performs several key marketing duties, such as assessing display tactics, figuring out product pricing, and determining how the product is promoted and advertised. Along with marketing duties, a category manager also works with suppliers to ensure that the proper number of products are being ordered, to ensure contract compliance with suppliers and manufacturers, and to ensure that products are of agreed-upon quality. A category manger also works closely with executives and directors within the company to assess budget impacts and make sure that product assortments match company strategy and policy. Most category mangers usually responsible for a specific product category or department in multiple stores; to make sure product assortments match those stores' needs, the category manager travels frequently.
Most category manager positions require successful applicants to have a bachelor's degree in business, marketing, or a related field. Previous experience as a category manager typically is preferred. (Copyright 2018 PayScale.com)
Category Manager Tasks
- Manage, improve and recommend the product assortment for the company.
- Verify plans and provide explanations for variances in budgeted sales and gross profit.
- Identify leverage opportunities, work with procurement, negotiate contracts, supply agreements and programs.
- Develop annual category plans which include current situation analysis, vision and strategy and specific category plans.
- Narrow categories and work with suppliers to narrow products supplied to the company.
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Pay by Experience Level for Category Manager
Pay by Experience for a Category Manager has a positive trend. An entry-level Category Manager with less than 5 years of experience can expect to earn an average total compensation of ₤34,000 based on 82 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Category Manager with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of ₤44,000 based on 71 salaries. An experienced Category Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of ₤51,000 based on 40 salaries. A Category Manager with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of ₤64,000 based on 9 salaries.
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