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Career and Education Opportunities for Wholesale Buyers in Wilmington, Delaware

Wholesale buyers can find many career and educational opportunities in the Wilmington, Delaware area. About 370 people are currently employed as wholesale buyers in Delaware. By 2016, this is expected to grow by 3% to 390 people employed. This is better than the national trend for wholesale buyers, which sees this job pool shrinking by about 2.2% over the next eight years. Wholesale buyers generally buy merchandise or commodities, other than farm products, for resale to consumers at the wholesale or retail level, including both durable and nondurable goods.

A person working as a wholesale buyer can expect to earn about $19 hourly or $40,640 yearly on average in Delaware and about $23 per hour or $48,710 per year on average in the U.S. as a whole. Compared with people working in the overall category of Representation, people working as wholesale buyers in Delaware earn less. They earn less than people working in the overall category of Representation nationally. Jobs in this field include: purchasing agent, procurement specialist, and product manager.

There are 109 schools of higher education in the Wilmington area, including nine within twenty-five miles of Wilmington 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.

Similar jobs with educational opportunities in Wilmington include:

  • Agent. Represent and promote artists, performers, and athletes to prospective employers. May handle contract negotiation and other business matters for clients.

EDUCATIONAL OPPORTUNITIES: Wholesale Buyer Training

Katharine Gibbs School - Norristown, PA

Katharine Gibbs School, 2501 Monroe Blvd, Norristown, PA 19403. Katharine Gibbs School is a small school located in Norristown, Pennsylvania. It is a private for-profit school with primarily 2-year programs. Katharine Gibbs School has a one to two year program in Fashion Merchandising which graduated forty-one students in 2008.

Harcum College - Bryn Mawr, PA

Harcum College, 750 Montgomery Ave, Bryn Mawr, PA 19010-3470. Harcum College is a small college located in Bryn Mawr, Pennsylvania. It is a private not-for-profit school with primarily 2-year programs. It has 913 students and an admission rate of 29%. Harcum College has an associate's degree program in Apparel and Textile Marketing Management.

Community College of Philadelphia - Philadelphia, PA

Community College of Philadelphia, 1700 Spring Garden St, Philadelphia, PA 19130-3991. Community College of Philadelphia is a large college located in Philadelphia, Pennsylvania. It is a public school with primarily 2-year programs and has 17,293 students. Community College of Philadelphia has 2 areas of study related to Wholesale Buyer. They are:

  • Sales, Distribution, and Marketing Operations, one to two year and associate's degree which graduated four and four students respectively in 2008.
  • Fashion Merchandising, one to two year and associate's degree.

Immaculata University - Immaculata, PA

Immaculata University, 1145 King Rd, Immaculata, PA 19345-0702. Immaculata University is a small university located in Immaculata, Pennsylvania. It is a private not-for-profit school with primarily 4-year or above programs. It has 3,855 students and an admission rate of 80%. Immaculata University has a bachelor's degree program in Fashion Merchandising which graduated two students in 2008.

University of Pennsylvania - Philadelphia, PA

University of Pennsylvania, 1 College Hall 34th and Spruce Sts, Philadelphia, PA 19104-6303. University of Pennsylvania is a large university located in Philadelphia, Pennsylvania. It is a private not-for-profit school with primarily 4-year or above programs. It has 24,060 students and an admission rate of 17%. University of Pennsylvania has a bachelor's degree and a master's degree program in Sales, Distribution, and Marketing Operations which graduated ten and thirty-seven students respectively in 2008.

Philadelphia University - Philadelphia, PA

Philadelphia University, School House Lane and Henry Avenue, Philadelphia, PA 19144-5497. Philadelphia University is a small university located in Philadelphia, Pennsylvania. It is a private not-for-profit school with primarily 4-year or above programs. It has 3,373 students and an admission rate of 70%. Philadelphia University has 2 areas of study related to Wholesale Buyer. They are:

  • Fashion Merchandising, bachelor's degree which graduated 62 students in 2008.
  • Apparel and Accessories Marketing Operations, bachelor's degree and master's degree which graduated forty and thirteen students respectively in 2008.

West Chester University of Pennsylvania - West Chester, PA

West Chester University of Pennsylvania, University Avenue and High Street, West Chester, PA 19383. West Chester University of Pennsylvania is a large university located in West Chester, Pennsylvania. It is a public school with primarily 4-year or above programs. It has 13,619 students and an admission rate of 47%. West Chester University of Pennsylvania has a bachelor's degree program in Sales, Distribution, and Marketing Operations which graduated seventy-four students in 2008.

The Art Institute of Philadelphia - Philadelphia, PA

The Art Institute of Philadelphia, 1622 Chestnut Street, Philadelphia, PA 19103-5198. The Art Institute of Philadelphia is a small school located in Philadelphia, Pennsylvania. It is a private for-profit school with primarily 4-year or above programs. It has 3,545 students and an admission rate of 46%. The Art Institute of Philadelphia has an associate's degree and a bachelor's degree program in Apparel and Accessories Marketing Operations which graduated thirty-two and fifty-four students respectively in 2008.

Montgomery County Community College-Central Campus - Blue Bell, PA

Montgomery County Community College-Central Campus, 340 Dekalb Pike, Blue Bell, PA 19422-0796. Montgomery County Community College-Central Campus is a medium sized college located in Blue Bell, Pennsylvania. It is a public school with primarily 2-year programs and has 9,641 students. Montgomery County Community College-Central Campus has a one to two year and an associate's degree program in Sales, Distribution, and Marketing Operations which graduated one and two students respectively in 2008.

LOCATION INFORMATION: Wilmington, Delaware

Wilmington, Delaware
Wilmington, Delaware photo by Malepheasant

Wilmington is located in New Castle County, Delaware. It has a population of over 72,592, which has shrunk by 0.1% in the past ten years. The cost of living index in Wilmington, 102, is above the national average. New single-family homes in Wilmington are valued at $58,400 on average, which is far less than the state average. In 2008, twenty-eight new homes were built in Wilmington, down from forty-seven the previous year.

The three most popular industries for women in Wilmington are finance and insurance, health care, and educational services. For men, it is finance and insurance, construction, and professional, scientific, and technical services. The average travel time to work is about 23 minutes. More than 21.4% of Wilmington residents have a bachelor's degree, which is lower than the state average. The percentage of residents with a graduate degree, 8.6%, is lower than the state average.

The unemployment rate in Wilmington is 13.3%, which is greater than Delaware's average of 8.5%.

The percentage of Wilmington residents that are affiliated with a religious congregation, 45.7%, is less than the national average but more than the state average. Saint Andrews Church, Sacred Heart Catholic Church and Beth Shalom Congregation are among the churches located in Wilmington. The largest religious groups are the Catholic Church, the United Methodist Church and the Presbyterian Church (USA).

Wilmington is home to the Interchange 3 and the The Rocks as well as Rodney Square and Cool Spring Park. Visitors to Wilmington can choose from Howard Johnson Restaurants, Riverview Motel and Hotel Du Pont for temporary stays in the area.