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Apparel Merchandising Introduction

Merchandising is an important part of apparel marketing that involves planning and making products available to consumers at optimal times, prices, and quantities to meet business objectives. It requires determining consumer wants and needs. Apparel merchandising involves constant monitoring of production to ensure customer demands are met in terms of style, quality, and timing of product delivery. The goal is to ultimately satisfy customers through fulfilling their product needs.

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Jyoti Meher
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1K views

Apparel Merchandising Introduction

Merchandising is an important part of apparel marketing that involves planning and making products available to consumers at optimal times, prices, and quantities to meet business objectives. It requires determining consumer wants and needs. Apparel merchandising involves constant monitoring of production to ensure customer demands are met in terms of style, quality, and timing of product delivery. The goal is to ultimately satisfy customers through fulfilling their product needs.

Uploaded by

Jyoti Meher
Copyright
© © All Rights Reserved
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Apparel Merchandising

INTRODUCTION
Merchandising is an important part of marketing. It is the planning and supervision involved in
marketing a particular product and making it available at places, times, prices and in quantities
that will best serve to realize the marketing objectives of a business. It involves all activities
necessary to determine and satisfy the wants and needs of a consumer. It offers the goods at a
time and in a place where it can be conveniently purchased. The products must be available in
good quantities and in qualities. In textile industry many methods of production are employed to
produce products. The techniques adopted to sell the products to consumers are referred as
apparel merchandising.

Merchandising deals with the selection, orders and purchase of actual product. One must
understand that demand is the foundation upon which all retailers plan their merchandise.
Merchandise is chosen carefully to best serve the needs of the target market. The merchandiser
requires special skills which include, predicting what one will sell and when it well sell best. A
thorough knowledge of the merchandise that includes garment types, its details and methods of
production, qualities and finishes are prerequisites to merchandising.

Apparel merchandising involves a constant watch of the production of the apparel products.
Merchandiser should be well aware of what a customer wants this season and whether the
product produced by the manufacturer is as per the needs of the customer. He should inform
the customer about the styles, quantity and quality of the product required and the time when
the goods will reach the customer. Merchandising is the job where the merchandiser should
have a constant interface with production and see that the ultimate aim of satisfying customer
needs.

Definition of Important Terms:-


Merchandising may be defined as “All the planning and activities involved in bringing the goods
or merchandise for sales to the customers so that it fulfils the customer needs ultimately brings
customer satisfaction.” The process of apparel merchandising may be defined as the
development, execution and delivery of a product line based upon the needs of a target market.
Merchandising is a process of creating merchandise (goods bought and sold) based on a
particular demand, whereas marketing is a process of supplying this merchandise for the
market.

Merchandising is the process through which products are planned, developed, and presented to
the identified target markets.

Marketing identifies the customer and determines what products to offer to that customer and
how to do so while meeting the financial return objectives of the company. Sales are the
operations that implement marketing and merchandising activities by physically selling the line
to the retail customers according to marketing plans. Merchandising functions as a bridge
between the design and sales to fulfill the needs of the buyer. Marketing is the management
process through which goods and services move from concept to the customer. As a practice, it
consists in coordination of four elements called 4P’s. This includes identification, selection, and
development of a product, determination of its price, selection of a distribution channel to reach
the customer’s place and the development and implementation of a promotional strategy.

According to American Marketing Association, merchandising encompasses “planning involved


in marketing the right merchandise or service at the right place, at the right time, in the right
quantities, and at the right price”. Merchandising accomplishes six Rights to replenish the
customer. They are

Right Merchandise

Retailers should have the merchandise that customer wants.

Right Place

Appropriate location of the merchandise is important since it decides the accessibility.

Right Time

Apparel purchases are mostly seasonal in nature and so must be supplied promptly when it is
most needed.

Right Quantity

Required amount of inventory to get profitable sales volume.

Right Price

Suitable price for the store to get profit and also to meet the competition and customer
expectations.

Right Promotion

Right balance between the investment and the appeal created for the customer.

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