How much do buyers agents make in 2021?

How much money does a buyers agent make? Buyers Agents: Key Features, The Work, Salary, Prospects 

What do buyers agents do?

Buyers agents purchase merchandise from manufacturers and distributors for resale in the retail stores that employ them. Their work is demanding and fast paced, involves regular travel (on buying trips), and requires frequent meetings with manufacturer’s representatives and other sales personnel. Generally, buyers are expected to learn about lines of merchandise, customer preferences, salability of products, and profit margins. Using this information they must then decide which merchandise to buy to ensure quick sales and the best possible profit. 

Buyer Career

The shortest entry route is through one of the buyer training programs sponsored by many department stores. A four year college degree is usually required for entry to such programs, which include some classroom instruction and on the job training. It is also possible to begin as a stockroom or sales clerk, though this route to a position as a buyer generally takes longer. 


Buyer Salary 2021

Employment opportunities are generally hard to find and are not expected to grow significantly in coming years, largely because chain stores are turning to centralized buying practices. Those who do get entry level jobs, however, have a fairly high income advancement potential. Starting salaries run about $52,000 a year. Experienced buyers can earn as much as $72,000 and up. 




The average salary for a buyer in 2021

Annual Salary $55,400
Monthly Salary  $4,700
Weekly Salary $1,200
Hourly Salary  $25

Buyer Requirements

Entry Requirements in Prior Experience: 

Career changers who have previous work experience in retail sales or merchandising, will have an advantage in seeking an entry level opportunity. Such experience is not required, however. 

Entry Requirements in Personal Qualities: 

Career changers who want to enter this field should be interested in merchandising and should be good at planning and decision making. Their work demands that they be able to assess the resale value of goods after a brief inspection and make their purchase decisions quickly. Career changers will also need to have good physical stamina and emotional stability. Buyers work under constant pressure to make the right decisions within the budget limits set for them. They travel frequendy and meet often with manufacturers’ representatives and store executives. The successful buyer must enjoy this kind of fast paced life. Supervisory skills are also important to this field because buyers must be able to oversee the work of assistant buyers and sales workers. Communicative skills are necessary for dealing with manufacturers representatives and store executives. 

How Much Do Buyers Agents Make?


Entry Requirements in Training and Education: 

Career changers with a four year college degree are usually eligible for buyer trainee programs at large stores. These programs last about two years and combine some classroom instruction with on the job training as an assistant buyer.Though this route is the shortest and generally preferred entry route, career changers without a college degree may enter the field by working first in the stockroom or behind a sales counter. From there they can move up the ladder to assistant buyer and finally buyer.

Comments

Post a Comment

Popular posts from this blog

How Much Does a Dental Hygienist Make in Florida (2021)

Image
How Much Money Do Dental Hygienists Make? Dental Hygienist : Key Features, The Work, Florida Salary in 2021, Prospects  What do dental hygienist do? Dental hygienists work in private offices or for public agencies, providing direct patient care under a dentist’s supervision. Their responsibilities include cleaning teeth, taking X-rays, and instructing patients in the correct methods for maintaining good oral hygiene. They may also present programs on dental care to teach the proper use of toothbrushes and floss, and the relationship between nutrition and oral health.  Dental Hygienist Career in Florida Career changers will find the shortest route of entry into this field is through enrollment in an accredited dental hygiene program. Following graduation, they then must complete the state licensing examination for dental hygienists . For career changers who already have at least two years of college, it may be possible to enroll in the bachelor’s program, thereby increasing the emplo
Read more

Information Clerks: Salary (2021), Working Conditions, Training, Employment and Career

Image
Starting Salary For Information Clerk (2021), Working Conditions, Training, Employment, Career and Nature of Work. EMPLOYMENT OUTLOOK:  Overall employment is predicted to extend much faster than average thanks to the rapid climb of industries like business, professional, and other services. In 2020 over 2.1 million information clerks were employed in the following occupations:  Receptionists and information clerks 1,335,000  Interviewing and new accounts clerks 325,000  Reservation and transportation ticket agents and travel clerks 280,000  Hotel and motel desk clerks 260,000  The jobs should increase from 2,700,000 in 2020 to 3,950,000 in 2030.  NATURE OF WORK:  IInformation clerks gather information from and supply information to the general public . Although duties vary, many information clerks greet customers and other visitors, determine their needs, and either assist them or refer the individuals to the one that can help. Others elicit information from the general public . WORKI
Read more

How Much Money Does a Chef Make in Canada (2021)

Image
How Much Do Chefs Make? Cooks and chefs : Key Features, The Work, Yearly Canada Salary in 2021, Prospects  What do chef do? Cooks and chefs work in restaurants and other food service operations. Depending on the type and size of the operation, a cook's or chefs duties may include preparing the food to be served, supervising the kitchen staff, planning menus, and buying the food supplies. In fine restaurants, their work is of great importance to the success of the operation. In fact many chefs who are skilled at creating new dishes and improving familiar ones have earned fame for both themselves and the restaurants where they work.  How to become a chef? For career changers interested in working at larger restaurants, the surest entry route includes a training program for cooks and chefs . There are a variety of programs (lasting from a few months to two or more years) that are available through trade schools, community colleges, universities, professional associations, and ot
Read more

How Much Does a Paramedic (EMT) Make in Texas (2021)

Image
How Much Money Do EMTs Make? Paramedic: Key Features, The Work, Texas Salary in 2021, Prospects  What do paramedic do? Emergency medical technicians ( EMTs ) provide on the scene emergency treatment for accident victims, people suddenly incapacitated by an illness, and other types of patients. Once EMTs have provided emergency treatments needed to stabilize the patient, they then transport the patient to the hospital and, after reporting their observations and care, transfer responsibility to the emergency department.  Emergency medical technician (EMT) Career in Texas Career changers who want to become paid EMTs must complete mandatory formal training programs. Though programs vary from state to state, they require at least 100 hours of training. In addition, all states require some kind of certification, though requirements vary widely. EMTs may also gain valuable professional recognition by becoming certified as Registered EMT-Ambulance, EMT- Intermediate, or EMT Paramedic .  Pa
Read more

How much do land surveyors make a year in 2021

Image
How much money does a land surveyor make? Land Surveyors: Key Features, The Work, 2021 Yearly Salary, Prospects  What do land surveyors do? Surveyors and their assistants measure and establish legal boundaries of tracts of land, research deeds and help set land valuations, measure building sites, conduct broad scale topographic and geophysical surveys, and prepare maps and reports on their findings. Their work requires good physical condition because surveys frequently involve long hikes over rugged terrain. An ability to make accurate measurements and calculations is also needed because of the legal nature of many surveys.  Land Surveyor Career Surveyors possess highly specialized skills learned through a combination of educational training and extensive on the job training. Furthermore, land surveyors are required to pass state licensing exams (after several years of work experience) before becoming fully certified.  How much does a land surveyor make?   (2021) Entry level positio
Read more

How Much Does a Medical Secretary Make in Ontario (2021)

Image
How Much Money Do Medical Secretaries Make? Medical Secretary : Key Features, The Work, Ontario Salary in 2021, Prospects  What does medical secretary do? Medical Secretaries , who are at the center of communications within a firm, process and transmit information to the staff and to other organizations, as well as perform a wide variety of administrative and clerical duties. Medical Secretaries are employed in organizations of every description, with over half of them being employed by organizations that provide services to the public. These include educational institutions, health facilities, law firms, and the like.  Medical Secretary Career in Ontario Training for medical secretaries , for whom a high school diploma is generally required, varies from a few months' instruction in office practices, shorthand, and typing to one or two year programs that teach a broad range of secretarial skills. For the career changer interested in the shortest route into the field, a receptioni
Read more

How much does a geologist make a year in California?

Image
How much money do geologists make? Geologist : Key Features, The Work, California Salary, Prospects  What do geologist do? Geologists study the structure, composition and history of the earth’s crust. They determine the types and distribution of rocks beneath the earth’s surface, identify and classify rocks and minerals, conduct geological surveys, draw maps, take measurements and record data. Their studies are useful for predicting future geological events, such as earthquakes and volcanic eruptions, for locating natural resources, and for determining the best sites for roads, dams, buildings and other structures. Geologists work both in the field and in laboratory research facilities. Geological technicians assist geologists in their work.  How to become geologist? Career changers must have a bachelor’s degree in geology or a related field to obtain an entry level position as a geologist. Geological technicians generally must have completed specialized training in the field. Advan
Read more

How Much Do Agricultural/Biological Scientists Make?

Image
How Much Money Do Agricultural/Biological Scientists Make? Job Market Outlook, Education, Competition and Best Locations They are botanists, embryologists, microbiologists, physiologists, and horticulturalists. They are agronomists who work to improve crop quality and yield by developing new growth methods and controlling pests or disease and ecologists who study the effects of pollution, temperature, or rainfall.  All these specialties fall into the category of agricultural and biological scientis t, a secure career field that now numbers more than 325,000 workers.  The toxicologist is a specialist in sudden demand. The disposal of toxic wastes is being called a critical growth area. Although most chemical companies employ chemists and biologists who understand the dangers of the materials their companies produce, these are not normally the people who handle the waste for disposal.  "By the year 2030, the amount of material going into hazardous- waste dumps is expected to increa
Read more

How Much Does An Actuary Make A Month?

Image
Article Content: How Much Does An Actuary Make A Month? What is the job outlook for an actuary? What education is needed to become an actuary? Where do actuaries make the most money? In the insurance business, you can be sure of good money as an actuary the highest-paid professional in the field. The climb up the income ladder is faster than in most other occupations too.  As an actuary , you'd be an analyst, forecaster, and planner all rolled into one. You might study the frequency of hurricanes, tornadoes, fires, thefts, industrial accidents, explosions, or other chance occurrences. Then you'd tabulate the amount of damage and injury, calculate the probability of their happening again, and recommend the price your company should charge for insuring against these risks.  Many actuaries move up to top executive positions in the insurance industry, but they normally start out by specializing. Growing fields include medical malpractice, product liability, workers compensation,
Read more

How Much Do Astronomers Make A Month?

Image
Article Content: How Much Do Astronomers Make A Month? What is the job outlook for an astronomer? What education is needed to become an astronomer? Hyperion, one of Saturn's ten moons, "looks like a pockmarked hamburger patty." Another, Phoebe, is thought to have been formed elsewhere in the solar system and "captured later by Saturn."  These are the observations of astronomers , specialists in a tiny science with vast new horizons to explore. Stars and moons are being discovered, college students are operating satellites as class projects, and outer space is the frontier of the future, yet astronomy is far from a growing field. About 6,000 astronomers work in the U.S. today, and tomorrow's growth is expected to be limited.  Astronomers , also called astrophysicists, use math and physics principles to answer questions about the nature of the universe. Some predict that the occupation will disappear as a separate classification in the near future and be con
Read more