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62101 - Retail and wholesale buyers

Broad Occupation Category

6 – Sales and service occupations

TEER

2

Major Group

62 – Retail sales and service supervisors and specialized sales and service occupations

Sub-major Group

621 – Technical sales specialists in wholesale trade and retail and wholesale buyers

Minor Group

6210 – Technical sales specialists in wholesale trade and retail and wholesale buyers

Main Duties

Retail and wholesale buyers perform some or all of the following duties:

  • Purchase merchandise for resale by retail or wholesale establishments
  • Review requirements of establishments and determine quantity and type of merchandise to purchase
  • Study market reports, trade periodicals, and sales promotion materials and visit trade shows, showrooms, factories, and product design establishments
  • Select and purchase merchandise which best fits the establishment's requirements
  • Interview suppliers and negotiate prices, discounts, credit terms, and transportation arrangements
  • Oversee distribution of merchandise to any outlets and maintain adequate stock levels
  • Establish and maintain contact with suppliers

Employment Requirements

These are the typical employment requirements and benefits associated with this occupation in Canada:

  • A university degree or college diploma in business, marketing, or a related field is usually required
  • Several years of experience as a retail salesperson, supervisor, or in a related retail occupation are required
  • Previous experience as a buyer's academic or trainee may be required for certain specialized product lines
  • Strong analytical, negotiation, and decision-making skills are essential

Retail and Wholesale Buyers Salary Prospects

Community/AreaCanada
Low ($/hour)20.00
Median ($/hour)30.00
High ($/hour)52.88
Community/AreaAlberta
Low ($/hour)22.00
Median ($/hour)31.73
High ($/hour)55.00
Community/AreaBritish Columbia
Low ($/hour)21.50
Median ($/hour)31.00
High ($/hour)54.00
Community/AreaOntario
Low ($/hour)20.50
Median ($/hour)32.50
High ($/hour)57.69
Community/AreaQuebec
Low ($/hour)19.00
Median ($/hour)28.00
High ($/hour)48.00
Community/AreaManitoba
Low ($/hour)18.50
Median ($/hour)26.00
High ($/hour)42.00
Community/AreaNova Scotia
Low ($/hour)18.00
Median ($/hour)27.00
High ($/hour)40.00

Want to know all the salary details? Visit our NOC page for 62101!

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NOC 62101Retail and wholesale buyers

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