Sr. Buyer Jobs

At Mercatalyst, We Are Event Driven Retail(R). We create exciting and engaging shopping experiences and deliver deep value through curated, exclusive deals on leading brand products across all major consumer product categories. Mercatalyst reaches millions of customers through our partnerships with famous TV personalities and shows using our family of websites including:

morningsave.com

meh.com

sidedeal.com

mediocritee.com

Join forces with a unique group of entrepreneurs who created the daily deal and who remain innovative, creative, and resilient.

We are looking for a Sr. Buyer who differentiates themselves by hustling and negotiating great deals on closeouts, surplus and excess inventory items. It's exciting and fun buying that is unique to our discount retail industry.

We're always looking for like-minded people to enrich our company culture and our brand. We offer a unique and exciting experience, and we are looking to add talent to our team today!

& Responsibilities

• Study and monitor market prices and trends to identify inventory opportunities by category, manufacturer, or liquidation channel.
• Research, screen, and develop a portfolio of direct purchasing relationships that will deliver gross profit opportunities
• Pursue inventory opportunities, especially those arising from previous generation, overstock, out-of-season, surplus, slow moving, de-commited, and end-of-life inventory
• Negotiate pricing, payment, and other deal terms
• Collaborate with colleagues to schedule, merchandise, and market inventory buys

Success Looks Like:

• Cultivating direct manufacturer relationships where Mercatalyst provides long-term value as the manufacturer’s solution to their inventory problems and issues
• Finding deals that are the top picks of our merchandise and marketing managers and are successful across our family of websites
• Searching, prospecting, hustling and hunting relentlessly for the next great inventory opportunity buy
• Negotiating a multitude of potential deals simultaneously with determination and patience to fight for a workable deal
• Seeing opportunities in situations others are too timid and conventional to consider
• Identifying inventory opportunities caused by market and manufacturer disruptions, difficulties, distress, trends, product cycles, and other factors
• Collaborating with colleagues to ensure effective merchandising and planning of inventory buys
• Being unemotional and indifferent to the outcome of any particular deal, and able to walk away without anxiety or misgivings
• Building and maintaining a robust deal flow that provides diverse opportunities for revenue and profit
• Managing inventory through complete lifecycle to ensure high turn and profitability

Failure Looks Like:

• Thinking you “already know how to do your job” and don’t need to learn anything new because of your traditional retail experience
• Being paralyzed by fear and unable to take risks when you don’t know exactly how a deal will perform
• Being unable to identify and assess what makes something a truly exciting and workable opportunity buy
• Being unable to negotiate and haggle without feeling uneasy, uncomfortable, or wanting to crawl into your shell
• Assuming your background and training in a conventional buying environment (e.g. traditional retailers) prepares you for success in a deal / opportunity environment
• Being unable to effectively pitch and explain Mercatalyst’s unique value proposition to manufacturers
• Assuming what makes you successful in an inline buying role will also make you successful in an opportunity buying environment

Skills, Experience, & Education

• Deep, broad, and diverse knowledge of consumer product good categories
• Resilient, adaptable, and comfortable with change and ambiguity
• 5+ years experience in a surplus, opportunity, wholesale, or retail buying environment
• Solid knowledge of retail math and metrics