To acquaint students with basics of merchandising.
To introduce the concept of sourcing strategies and sales promotion.
12.00
Fundamentals of merchandising
Responsibilities of the merchandiser
Merchandise planning: target markets, market segmentations and marketing research
12.00
Planning and Controlling and control tools: marketing calendar, merchandise calendar, sales forecast
Execution: Line development: objectives, elements, planning, control, research, line plan, styling direction and product development and adoption
Pricing: pricing strategies, objectives, pricing formula
Costing principles and strategies
12.00
Introduction to Standardization and Quality control in apparel industry
Importance of consumer perception of apparel quality.
Managing apparel quality through inspection and sampling procedures.
12.00
Sourcing strategies: objectives, global sourcing, the role of merchandiser in sourcing, sourcing options, factors in sourcing options, factors in sourcing decision, customer/vendor relationship, Domestic and International sourcing process
12.00
Fashion Visual Merchandising
Functions of Visual Merchandising
Elements of Visual Merchandising
Store exteriors, interiors& windows – image, atmosphere 7 theatrics.