What You Need to Know About Online Merchant
Online Merchant Definition Conduct retail activities of businesses operating exclusively online. May perform duties such as preparing business strategies, buying merchandise, managing inventory, implementing marketing activities, fulfilling and shipping online orders, and balancing financial records.
What Do Online Merchants Do On a Daily Basis?
- Select and purchase technical web services, such as web hosting services, online merchant accounts, shopping cart software, payment gateway software, or spyware.
- Compose descriptions of merchandise for posting to online storefront, auction sites, or other shopping Web sites.
- Devise, select, or purchase domain name and web address.
- Purchase new or used items from online or physical sources for resale via retail or auction Web site.
- Determine and set product prices.
- Initiate online auctions through auction hosting sites or auction management software.
Online Merchant Required Skills
Online Merchants state the following job skills are important in their day-to-day work.
Reading Comprehension: Understanding written sentences and paragraphs in work related documents.
Active Listening: Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
Speaking: Talking to others to convey information effectively.
Critical Thinking: Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
Writing: Communicating effectively in writing as appropriate for the needs of the audience.
Service Orientation: Actively looking for ways to help people.
Related Job Titles for this Occupation:
- Marketing Director
- E-Commerce Administrator
- Online Services Manager
- Owner, E Commerce Company
- E-Commerce Specialist
Job Opportunities for Online Merchants
In 2016, there was an estimated number of 1,023,900 jobs in the United States for Online Merchant. New jobs are being produced at a rate of 8.8% which is above the national average. The Bureau of Labor Statistics predicts 90,400 new jobs for Online Merchant by 2026. The BLS estimates 104,200 yearly job openings in this field.
The states with the most job growth for Online Merchant are Utah, Nevada, and Arkansas. Watch out if you plan on working in Alaska, Maine, or Oklahoma. These states have the worst job growth for this type of profession.
Online Merchant Salary
The typical yearly salary for Online Merchants is somewhere between $38,420 and $123,000.
Online Merchants who work in District of Columbia, Maryland, or Virginia, make the highest salaries.
Below is a list of the median annual salaries for Online Merchants in different U.S. states.
|State||Annual Mean Salary|
|District of Columbia||$102,730|
What Tools do Online Merchants Use?
Although they’re not necessarily needed for all jobs, the following technologies are used by many Online Merchants:
- Microsoft Excel
- Microsoft Word
- Microsoft Office
- Hypertext markup language HTML
- Microsoft PowerPoint
- Microsoft Outlook
- Web browser software
- Microsoft Access
- Microsoft Windows
- Microsoft Project
- Microsoft Visio
- Adobe Systems Adobe Photoshop
- Structured query language SQL
- Microsoft Dynamics
- Extensible markup language XML
How do I Become an Online Merchant?
Are there Online Merchants education requirements?
What work experience do I need to become an Online Merchant?
Where do Online Merchants Work?
Below are examples of industries where Online Merchants work:
More about our data sources and methodologies.
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