Avg. Base Salary (USD)
The average salary for a Merchandise Planner is $75,264
What is the Pay by Experience Level for Merchandise Planners?
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 $58,268 based on 21 salaries. An early career Merchandise Planner with 1-4 years of experience earns an average total compensation of $67,284 based on 161 salaries. A …Read more
What Do Merchandise Planners Do?
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 …Read more