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Career and Education Opportunities for Wholesale Buyers in Denver, Colorado

There are many career and education opportunities for wholesale buyers in the Denver, Colorado area. About 2,010 people are currently employed as wholesale buyers in Colorado. By 2016, this is expected to grow by 15% to about 2,310 people employed. This is better than the nation as a whole, where employment opportunities for wholesale buyers are expected to shrink by about 2.2%. In general, wholesale buyers buy merchandise or commodities, other than farm products, for resale to consumers at the wholesale or retail level, including both durable and nondurable goods.

The income of a wholesale buyer is about $23 hourly or $48,670 yearly on average in Colorado. In the U.S. as a whole, their income is about $23 hourly or $48,710 annually on average. Compared with people working in the overall category of Representation, people working as wholesale buyers in Colorado earn less. They earn less than people working in the overall category of Representation nationally. People working as wholesale buyers can fill a number of jobs, such as: procurement specialist, buyer assistant, and merchandise buyer.

There are sixty-four schools of higher education in the Denver area, including five within twenty-five miles of Denver where you can get a degree to start your career as a wholesale buyer. Given that the most common education level for wholesale buyers is some college courses, you can expect to spend a short time studying to be a wholesale buyer if you already have a high school diploma.

CAREER DESCRIPTION: Wholesale Buyer

Wholesale Buyer video from the State of New Jersey Dept. of Labor and Workforce Development

In general, wholesale buyers buy merchandise or commodities, other than farm products, for resale to consumers at the wholesale or retail level, including both durable and nondurable goods. They also analyze past buying trends, sales records, and quality of merchandise to determine value and yield.

Wholesale buyers examine orders, and purchase products consistent with quality, quantity, specification requirements, and other factors. They also set or recommend mark-up rates, mark-down rates, and selling prices for products. Equally important, wholesale buyers have to interview and work closely with vendors to obtain and design desired products. They are often called upon to negotiate prices, discount terms, and transportation arrangements for products. Finally, wholesale buyers talk with sales and purchasing personnel to obtain data related to customer needs and preferences.

Every day, wholesale buyers are expected to be able to articulate ideas and problems. They need to think through problems and come up with general rules. It is also important that they listen to and understand others in meetings.

It is important for wholesale buyers to analyze and monitor sales records, trends and economic conditions to anticipate consumer buying patterns and decide on what the company will sell and how much inventory is needed. They are often called upon to use computers to organize and locate inventory, and operate spreadsheet and word processing software. They also conduct staff meetings with sales personnel to introduce new products. They are sometimes expected to inspect products or products to establish value or yield. Somewhat less frequently, wholesale buyers are also expected to authorize payment of invoices or return of products.

Wholesale buyers sometimes are asked to train and supervise sales and clerical staff. and furnish clerks with data to print on price tags, such as price, mark-ups or mark-downs and style number. And finally, they sometimes have to examine orders, and purchase products consistent with quality, quantity, specification requirements, and other factors.

Like many other jobs, wholesale buyers must have exceptional integrity and be able to deal with stress and deal with situations calmly.

EDUCATIONAL OPPORTUNITIES: Wholesale Buyer Training

Westwood College-Denver North - Denver, CO

Westwood College-Denver North, 7350 N Broadway, Denver, CO 80221. Westwood College-Denver North is a medium sized college located in Denver, Colorado. It is a private for-profit school with primarily 4-year or above programs. It has 5,843 students and an admission rate of 99%. Westwood College-Denver North has a bachelor's degree program in Fashion Merchandising which graduated eight students in 2008.

Johnson & Wales University-Denver - Denver, CO

Johnson & Wales University-Denver, 7150 Montview Blvd, Denver, CO 80220. Johnson & Wales University-Denver is a small university located in Denver, Colorado. It is a private not-for-profit school with primarily 4-year or above programs. It has 1,454 students and an admission rate of 76%. Johnson & Wales University-Denver has 2 areas of study related to Wholesale Buyer. They are:

  • Sales, Distribution, and Marketing Operations, associate's degree and bachelor's degree which graduated five and three students respectively in 2008.
  • Fashion Merchandising, associate's degree which graduated 11 students in 2008.

Westwood College-Denver South - Denver, CO

Westwood College-Denver South, 3150 S Sheridan Blvd, Denver, CO 80227. Westwood College-Denver South is a small college located in Denver, Colorado. It is a private for-profit school with primarily 4-year or above programs. It has 404 students and an admission rate of 98%. Westwood College-Denver South has a bachelor's degree program in Fashion Merchandising which graduated four students in 2008.

The Art Institute of Colorado - Denver, CO

The Art Institute of Colorado, 1200 Lincoln Street, Denver, CO 80203-2983. The Art Institute of Colorado is a small school located in Denver, Colorado. It is a private for-profit school with primarily 4-year or above programs. It has 3,069 students and an admission rate of 45%. The Art Institute of Colorado has a bachelor's degree program in Apparel and Accessories Marketing Operations.

Arapahoe Community College - Littleton, CO

Arapahoe Community College, 5900 S. Santa Fe Dr., Littleton, CO 80160-9002. Arapahoe Community College is a medium sized college located in Littleton, Colorado. It is a public school with primarily 2-year programs and has 7,088 students. Arapahoe Community College has a less than one year program in Sales, Distribution, and Marketing Operations which graduated three students in 2008.

LICENSES

Dealer &/or Commodity Handler

Licensing agency: Colorado Department of Agriculture
Address: ICS, Farm Products, 1331 W. 31st Avenue, Denver, CO 80211-3859

Phone: (303) 477-0054
Website: Colorado Department of Agriculture ICS, Farm Products

Farm Products Dealer

Licensing agency: Colorado Department of Agriculture
Address: ICS, Farm Products, 1331 W. 31st Avenue, Denver, CO 80211-3859

Phone: (303) 477-0054
Website: Colorado Department of Agriculture ICS, Farm Products

LOCATION INFORMATION: Denver, Colorado

Denver, Colorado
Denver, Colorado photo by David Shankbone

Denver is located in Denver County, Colorado. It has a population of over 598,707, which has grown by 7.9% over the last ten years. The cost of living index in Denver, 102, is near the national average. New single-family homes in Denver are priced at $223,800 on average, which is below the state average. In 2008, eight hundred thirty-seven new homes were constructed in Denver, down from 1,215 the previous year.

The top three industries for women in Denver are health care, educational services, and professional, scientific, and technical services. For men, it is construction, professional, scientific, and technical services, and accommodation and food services. The average travel time to work is about 25 minutes. More than 34.5% of Denver residents have a bachelor's degree, which is higher than the state average. The percentage of residents with a graduate degree, 12.4%, is higher than the state average.

The percentage of Denver residents that are affiliated with a religious congregation, 53.0%, is more than both the national and state average. The most prominent religious groups are the Catholic Church, the American Baptist Churches in the USA and the Episcopal Church.

Denver is home to the J F Kennedy Municipal Golf Course and the North Marston Filtration Plant as well as Cheesman Park and Bear Creek Park. Shopping malls in the area include Alameda Square Shopping Center, Boulevard Shopping Center and Brentwood Plaza Shopping Center. Visitors to Denver can choose from Embassy Suites Hotel Denver Downtown, Intown Suites Aurora and Denver Marriott City Center for temporary stays in the area.