Monitoring sales and identifying any losses or stock wastageWorking with suppliers and distributors to negotiate prices and order large volumesCollaborate with executives, marketers and salespeople to set prices that are good for the market and profitGetting to know the customer base and understanding their motivation and sales driversReviewing customer feedback to predict sales trends and seasonal stock demandBriefing staff on stock display and rotation to ensure every space is optimizedResearching and monitoring industry trends and consumer behavior to anticipate demand and changes in buying patternsMaking predictions based on sales data, customer feedback and market trendsAssessing the effectiveness of different product displays and store layouts on sales figuresReviewing competitors, including pricing, profit, marketing and other progress