These two WSQ modules ‘Buy Merchandise’ and ‘Set up a Retail Business’ is part of the WSQ Diploma in Retail Management, which was developed within a national standard framework. This training programme will enable and equip participants with knowledge and skills for them to perform buying, merchandising and retail operational roles in the retail industry. Participants will have the opportunity to travel to Guangzhou, China to practice their buying techniques in authentic learning environments.

COURSE OBJECTIVES

By the end of the course, participants will be able to :
• Relate with the retail environment
• Identify the retail positioning of the store
• Interpret changing consumer-values and global trends
• Build a strategic product range
• Negotiate with the supplier & order stock
• Develop and implement business plan
• Perform financial planning for your retail business
• Apply break-even analysis to manage profitability