Chapter 3 - Managing Merchandising Process
Chapter 3 - Managing Merchandising Process
MERCHANDISING
CHAPTER 3:
Managing Textile &
Apparel Merchandising
Process
Merchandising
policies
Customer analysis
1)Predicting Developing
Sourcing and
Arranging
apparel allocating Organizing
product merchandise
business and apparel production
specification shipment
fashion trend merchandise
Merchandising Process/Activities
To predict what apparel that will be
(1)Predicting accepted in coming season
apparel
business and
Market information search
fashion trend
Policies The policies include quality policy, price policy and brand policy.
All these policies must be maintained and monitored carefully on the changes of retail pattern
as well as economic conditions.
Retailers can choose from 3 general levels of quality:
The top level which involves the finest (high quality) materials and
workmanship. For very high price products.
Quality policy The intermediate level which exhibits concern for quality and
workmanship but to certain limit to maintain certain price level.
Once a store has set its quality policies, it must make more specific
decisions, such as whether to accept nothing less than perfect goods
or whether to permit second-quality goods to be offered.
Price policy
Customers want to
-
fulfill their needs
and reduce the
state of tension.
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