Salary for Wholesale and Retail Buyers of Non-Farm Products

Also known as:  Gold Buyer, Merchandise Buyer, Retail Buyer, Tie Buyer, Wholesale Buyer

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Individuals in this occupation purchase durable and non-durable goods for re-sale at wholesale and retail levels, but do not handle farm products. In order to conduct their jobs efficiently, without over or under-purchasing, wholesale and retail buyers analyze industry and market trends, past buying trends, sales records, and the price and quality of goods. Many individuals in this position also educate sales staff about new products or merchandise being offered. Most of the data in this industry is digital, so a working knowledge of computers is a must. Bachelor's degrees or higher are preferred, but not mandatory for this position. Due to the large inventory typically handled in this occupation, organizational skills are a plus.

A Wholesale or Retail Buyer can expect average salaries between 40000 - 60000 depending on seniority levels. Wholesale and Retail Buyers, Except Farm Products earn an average salary of Fifty Six Thousand Four Hundred dollars each year.

Wholesale and Retail Buyers, Except Farm Products can expect the most salary in New Jersey, where they can get a compensation of close to about $67330. These people obtain the most salary in Finance and Insurance, where they can receive average job salaries of $72980.

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The national wage distribution is shown below. To overlay local salaries for a Wholesale or Retail Buyer, please select your state.
ANNUAL SALARY
HOURLY RATE
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SALARY TREND
The annual compensation for this career has gone up since 2004. Salaries have increased by an average of 16.33 percent nationwide in that time.
INDUSTRIES
Wholesale and Retail Buyers of Non-Farm Products tend to make the most in the following industries
Utilities $72,980
Finance and Insurance $68,000
Professional, Scientific, and Technical Services $64,710
Information $62,440
Management of Companies and Enterprises $61,690
Manufacturing $58,060
In general, they earn less within the industries below
Arts, Entertainment, and Recreation $45,750
Educational Services $47,300
Health Care and Social Assistance $47,970
Other Services (except Public Administration) $49,070
Construction $49,320
Administrative, Support and Waste Management Services $49,830
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