To impart knowledge of merchandising in apparel industry
To develop an insight into the fashion market among the students
To provide comprehensive knowledge about marketing mix
Introduction - Merchandising concepts, terminology, systems evolution of merchandising in the apparel industry and modern merchandising.
Merchandise planning - Fundamentals of merchandise planning, pricing and merchandise budget.
Role, Responsibilities and qualities of a merchandiser
Meaning Nature and Scope of Marketing
Role and Importance of Marketing in the Modern Economy
Market Analysis
Product Policy decision, Product life cycle, Product innovation, Packing, Branding, Standardization and Grading
Pricing – Pricing, Economic Concept in pricing, Marginal, Variable and Increment
Physical Distribution – Choice of appropriate channels and its importance (Wholesaler, Retailer, Manufacture)
Promotions – Meaning & Purposes of Promotion
Nature & Scope of Retailing
Retail Formats
Retail Organization process
Differential Advantage and Strategic Planning.
Visual merchandising and its advantages for the buyer and seller today
The planning cycle
Types of display- Windows and Interior display
Elements of Display- The merchandise, back drop walls and shelves, mannequins and forms, signage lighting-illumination levels in relation to color.