In one of my classes at FIT we had a field trip called "Day in the industry" where each student whose eligible gets to go into diff categories of the business such as buying, product development, or ecommerce and follow a head person. I chose product development as my #1 choice because I wanted to learn more about it since I hardly have any experience in it. Instead I got buying at Century 21 which was the last thing I wanted because I felt I had experience within the field and wanted to try something new. To my surprise, it was actually a great experience and learned sooo many things. Im truly grateful. I got assigned with the buyer for children's shoes. Personally, not my favorite but realized otherwise. My buyer and her assistant were very kind, helpful, knowledgeable.
Things I Learned:
1. Inventory turnover rate= extremely HIGH!
2. Seems more intense than reg. priced buying.
3. Desire and value to grow relationships with vendors.
4. Majority of people there are from FIT!!!
5. From interning-> job.
6. Last semester internship should be at a place you really want to work.
7. Care about their labels and dont flaunt it.
9. Every time you get a business card, write on the back of it an interesting fact about the person or just a fact for future reference.
10. Intern at as many places as you can. Staying at one place for a long time= no good.
11. Private, family company. Not as corporate. Founder still approves po's. Close knit. No refunds.
Overall, it made me think about what I really want to do. I personally never took into consideration working for an off-price retailer or low end. You earn the most money on the lower end and the least on the high end. As people say once you go to the low end, you cant go up to high end but vice versa works. From my internship now, I realized that I never want to work at a place where I don't like their merchandise or go low end. I think if I were to start off, Id start off high.
$ isnt everything..and it shouldn't be your motivation!
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