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Career and Education Opportunities for Wholesale Buyers in Fargo, North Dakota

There is a wide variety of career and education opportunities for wholesale buyers in the Fargo, North Dakota area. There are currently 330 jobs for wholesale buyers in North Dakota and this is projected to grow 8% to 360 jobs by 2016. 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.

Wholesale buyers earn approximately $20 hourly or $43,010 yearly on average in North Dakota. Nationally they average about $23 hourly or $48,710 yearly. Earnings for wholesale buyers are not quite as good as earnings in the general category of Representation in North Dakota and not quite as good as general Representation category earnings nationally. Jobs in this field include: merchandise planner, commodity manager, and purchasing coordinator.

The Fargo area is home to eight schools of higher education, including one within twenty-five miles of Fargo where you can get a degree as a wholesale buyer. The most common level of education 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

North Dakota State University-Main Campus - Fargo, ND

North Dakota State University-Main Campus, 1301 12th Avenue North, Fargo, ND 58108-6050. North Dakota State University-Main Campus is a large university located in Fargo, North Dakota. It is a public school with primarily 4-year or above programs. It has 13,229 students and an admission rate of 80%. North Dakota State University-Main Campus has a postbaccalaureate certificate program in Apparel and Textile Marketing Management.

LOCATION INFORMATION: Fargo, North Dakota

Fargo, North Dakota
Fargo, North Dakota photo by Unimatic1140

Fargo is located in Cass County, North Dakota. It has a population of over 93,531, which has grown by 3.2% in the past ten years. The cost of living index in Fargo, 83, is well below the national average. New single-family homes in Fargo are priced at $139,800 on average, which is well below the state average. In 2008, four hundred four new homes were constructed in Fargo, down from four hundred forty-seven the previous year.

The top three industries for women in Fargo are health care, educational services, and finance and insurance. For men, it is construction, accommodation and food services, and educational services. The average commute to work is about 15 minutes. More than 34.4% of Fargo residents have a bachelor's degree, which is higher than the state average. The percentage of residents with a graduate degree, 9.5%, is higher than the state average.

The unemployment rate in Fargo is 3.5%, which is greater than North Dakota's average of 3.2%.

The percentage of Fargo residents that are affiliated with a religious congregation, 56.8%, is more than the national average but less than the state average. The most common religious groups are the Evangelical Lutheran Church in America, the Catholic Church and the United Methodist Church.

Fargo is home to the Elm Tree Square and the Market Square as well as Roosevelt Playground and Oak Grove Park. Shopping malls in the area include Valley North Mall, Northport Mall and West Acres Shopping Center. Visitors to Fargo can choose from Rodeway Inn Fargo, Wingate Inn and Sleep Inn Fargo for temporary stays in the area.