BUYER SENIOR BUYER (Series Specification) (2024)

FAQs

What makes a good senior buyer? ›

Required Skills/Abilities:

Excellent interpersonal and negotiation skills. Excellent organizational skills and attention to detail. Strong analytical and problem-solving skills. Ability to function well in a high-paced and, at times, stressful environment.

Senior Buyer is the advanced journey-level class in the professional Buyer series. This classification is distinguished from the Buyer II classification by performing the most difficult and complex duties in purchasing assignments for equipment, materials, supplies, and services.

Buyer I is the entry-level professional job in this series. Buyer II is the second-level professional job in this series. Buyer III is the first-level supervisory job in this series. Buyer IV is the second-level supervisory job in this series.

Working as a buyer can be pretty stressful at times. Specifically, trying to balance inventory levels and dealing with the staff, making sure everyone is happy.

Buyer skills and qualifications

Strong interpersonal skills to work with team members, clients and suppliers. Negotiation skills to work with suppliers and make better deals for the company. An understanding of purchase order software platforms. Good attention to detail to ensure all purchase orders are accurate.

Example answer:

I have always been interested in consumer trends and was eager to pursue a career as a buyer and put my analytical and negotiation skills to use. I enjoy working as a buyer as I am very results-driven and have a deep understanding of the sales industry.

Based on 56 responses, the job of Senior Buyer has received a job satisfaction rating of 3.92 out of 5. On average, Senior Buyers are highly satisfied with their job.

Career prospects

Generally, you'll start as a buyer's assistant, progressing to the position of junior or trainee buyer and then to senior buyer - provided you've gained sufficient experience. It normally takes about two or three years to achieve each progression.

What is a senior buyer salary? ›

£44,814. 12% above national average. The average salary for a senior buyer is £44,814 per year in London. 120 salaries reported, updated at 3 February 2023.

Traditionally, there are three stages of the buyer's journey; awareness, consideration and decision.

What are the three stages of the buyer's journey? The buyer's journey can be broken down into three steps or "stages" that describe how they advance along their path to purchase: the awareness stage, the consideration stage, and the decision stage.

Technically, you cannot be a first time buyer twice. This includes if you or your partner have owned a home before, but had to sell it following a break up or change in circ*mstances.

The consumer decision-making process involves five basic steps. This is the process by which consumers evaluate making a purchasing decision. The 5 steps are problem recognition, information search, alternatives evaluation, purchase decision and post-purchase evaluation.

It's split up into four stages: awareness, consideration, decision, and delight. Understanding the buyer's journey is important because it allows you to serve prospects with the information they need at each stage of the process.

the state of preparedness or willingness in which an individual consumer may be in regard to the purchase of a particular product; the stages are commonly listed as awareness; knowledge; liking; preference; conviction and purchase.

Buyers work long and sometimes unusual hours, traveling to fashion shows, industry conferences, seminars, and trade shows. They investigate producers' lines, then place orders, usually with a limited amount of discussion.

Buyer's anxiety is the hesitation you feel when thinking about purchasing a big-ticket product. Especially in B2B, sales reps need to constantly monitor and appease prospects' emotions to get the deal done.

What are the 7 characteristics of an ideal purchaser? ›

“Honestly, I possess all the skills and experience that you're looking for. I'm pretty confident that I am the best candidate for this job role. It's not just my background in the past projects, but also my people skills, which will be applicable in this position.

“I believe I'm the right fit for the job because I possess all the skills and qualifications you require. Thanks to my solid background and work in previous projects, I'm confident, but I have certain analytical and people skills that'll prove beneficial in tackling any task you throw at me.

Advancement opportunities for buyers

Experienced buyers may advance into the role of a purchasing manager, who supervises an entire team of purchasing agents, or even advance into higher leadership roles, such as procurement chief or supply chain director.

What are good alternative careers for a Buyer? Job titles that are especially common for a Buyer to move into include Supply Chain Specialist, Merchandiser, Category Manager, Merchandise Manager, Operations Manager, Supply Chain Manager, Sourcing Specialist and Purchase Specialist.

What qualification should a buyer have? ›

The Skills and Qualifications of a Procurement Buyer

Excellent communication skills. Relationship building and management skills. In depth understanding and knowledge of the industry. Excellent computer skills.

The average salary for Head Of Buying jobs is £57,500. Read on to find out how much Head Of Buying jobs pay across various UK locations and industries. We have 128 jobs paying higher than the average Head Of Buying salary!

You're typically a first time buyer if…

You've never owned a home previously, anywhere in the world, and are looking to purchase a buy-to-let home.

Assistant buyers can have a significant impact on a company's purchasing decisions. They work closely with the buyer, helping them make decisions on what products and supplies to order. Understanding their role in greater detail can help you decide if this a viable career option for you.

The estimated total pay for a Senior Consultant at Best Buy is $138,005 per year. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. The estimated base pay is $102,910 per year.

Senior media buyers are responsible for all media-buying for their clients and conduct research and planning to determine what is needed. Outstanding research and negotiating skills are important in this position, as they must be able to recognize valuable opportunities from all angles.

Senior Sales Negotiator 60K OTE including Basic of 25-30K The ideal Senior Sales Negotiator candidate will be accomplished at negotiating Sales contracts with both vendors and applicants and have a strong personality to deal with the nature of the role...

The great majority of buyer concerns fall into five categories: need, product, source, time, and price.

In general, there are four factors that influence consumer behaviour. These factors impact whether or not your target customer buys your product. They are cultural, social, personal and psychological.

What makes a weak buyer? ›

For example, low buyer concentration, high switching costs, no threat of backward integration, less price sensitivity, uneducated consumers, consumers that purchase specialized products, and the absence of substitute products all indicate that buyer power is low.

Decider: The person who makes the final selection on what to buy, where to buy and when to buy. Buyer: The person who handles the paperwork for the purchase. User: The person who will use the product. Caretaker or gatekeeper: The person who controls access to the decision makers or influencers.

The average salary for Buyer is £41,822 per year in the London. The average additional cash compensation for a Buyer in the London is £4,323, with a range from £1,072 - £17,423. Salaries estimates are based on 903 salaries submitted anonymously to Glassdoor by Buyer employees in the London.

You're married to someone who owns a property. Unfortunately, once married, you automatically lose your first-time buyer status if your spouse owns a property already.

First-time buyer status is based on ownership of residential property, not whether you bought it. If you've previously owned a buy-to-let property. If you've previously owned a buy-to-let property, you no longer qualify as a first-time buyer. If you part-owned a property in the past.

Confusion abounds over this point as you are effectively a property owner. However, the first-time buyer rules apply only to property used as a home, so, if you own, or have owned, a shop or a restaurant, for example, but have never bought a home before, you will indeed be classified as a first-time buyer.

Serious buyers understand their role in the deal process. They let their advisors negotiate the nitty-gritty deal points so that they can maintain a relationship with the seller as well as their credibility and professionalism at all times. They are well aware that today's seller may be tomorrow's key employee.

Among the characteristics that are generally found in personas you will find: Demographic characteristics: age, gender, location, level of education. Social characteristics: occupation, income, interests, family situation. Psychological characteristics: major character traits.

What are the 4 factors of buying behavior? ›

In general, there are four factors that influence consumer behaviour. These factors impact whether or not your target customer buys your product. They are cultural, social, personal and psychological.

What is Buyer Power? Buyers have the power to influence price and the quantity of products sold. Powerful buyers can bargain on volume or switching costs or they can find substitute products. Price sensitivity also impacts the buyer/seller relationship.

Example answer:

I have always been interested in consumer trends and was eager to pursue a career as a buyer and put my analytical and negotiation skills to use. I enjoy working as a buyer as I am very results-driven and have a deep understanding of the sales industry.

The national average salary for a Head Buyer is £77,753 in United Kingdom.