To acquaint students with basics of merchandising, concept of sourcing strategies and sales promotion.
To assess social, cultural and economic factors and their impact on the global consumer and marketplace.
12.00
Unit I:
Introduction to merchandising
Fundamentals of merchandising
Responsibilities of the merchandiser
Merchandise planning: target markets, market segmentations and marketing research
12.00
Unit II:
Planning and Controlling
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
Unit III:
Quality control
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
Unit IV:
Sourcing
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
Unit V:
Visual Merchandising
Concept & Philosophy of Visual Merchandising
Functions and Elements of Visual Merchandising
Types of Visual Merchandising display: On self, off self and window display
Display settings: realistic, environmental, semi realistic and abstract setting
Types of Floor plans
Display props and fixtures
Essential Readings:
Rosenau, J. A.&Wilson David L., (2006). Apparel Merchandising-The line starts here, (3rd edition). Fairchild publications, New York.
Sachdeva, N., (2018). Fashion: Marketing, Merchandising and buying. Heritage publisher, New Delhi.
Frings, G.S., (2008). Fashion from concept to consumer, (9th edition), Prentice hall publication.
Swapna, P., (2009). Retailing Management: Text & Causes, (2nd& 3rd edition), Tata Mc Graw hill publishing company ltd.
Sherlekar, S.A. (2005). Marketing Management, (13th edition), Global
Costantino M., (1998). Fashion Marketing and PR, BT Batsford ltd, London.
Ramaswamy, V.S and Namakumari, S. (1995) Marketing Management, Global Perspective Indian Context, (5th edition). McGraw Hill Education (India) Pvt. Ltd.
References:
Stone, Elaine. & Samples, J.A., Fashion Merchandising, (5th edition). McGraw Hill Book Co. New York.
Harold C. & Pomeroy, J., (1993).Fashion Design & Product development. Blackwell Science ltd.
Jeffery, M.& Evans, N., (2011). Costing for the Fashion Industry. Berg, New York.