Services Wholesale and Retail

Wholesale and Retail Product Range Proposal Training

SAQA US 252256 | NQF 5 | Credits 10 | Duration 7 Days
From $1,523 per delegate

Description

This course equips learners with the skills to research, select, and propose a product range for a wholesale or retail outlet. It covers market analysis, supplier evaluation, and financial considerations to ensure a commercially viable product mix. Learners will develop a formal proposal that aligns with business objectives and customer demand.

Learning Outcomes

  • Analyze market trends and customer demographics to identify product opportunities
  • Evaluate potential suppliers based on quality, cost, reliability, and ethical standards
  • Apply financial principles to determine pricing, margins, and break-even points
  • Design a balanced product range that meets target market needs and business goals
  • Propose a product range in a formal written format with justification and supporting data

Target Audience

This course is designed for retail and wholesale buyers, merchandise planners, and small business owners who are responsible for selecting and proposing product ranges. It is also suitable for aspiring entrepreneurs entering the retail or wholesale sector.

Prerequisites

None — open enrollment

Course Outline

Day 1: Introduction to Wholesale and Retail Product Range

Objectives:
• Understand the scope and structure of wholesale and retail sectors.
• Identify key stakeholders in the product supply chain.
• Define product range and its importance in business.
• Differentiate between wholesale and retail product strategies.

Topics:
• Overview of wholesale and retail industries in South Africa.
• Supply chain fundamentals: manufacturers, distributors, retailers, consumers.
• Concept of product range: breadth, depth, and consistency.
• Types of product ranges: core, seasonal, promotional.
• Factors influencing product range decisions: market demand, competition, trends.
• Introduction to product lifecycle management.
• Case study: Product range in a typical retail store.
• Group discussion: Identifying product ranges in local stores.

Day 2: Market Research and Analysis for Product Range

Objectives:
• Conduct market research to identify customer needs and trends.
• Analyze competitor product ranges.
• Use data to inform product range decisions.
• Understand the role of demographics and psychographics.

Topics:
• Primary and secondary market research methods.
• Analyzing customer preferences and buying behavior.
• Competitor analysis: benchmarking product ranges.
• SWOT analysis for product range planning.
• Using sales data and market reports.
• Identifying market gaps and opportunities.
• Practical exercise: Conducting a mini market survey.
• Workshop: Interpreting survey results for product range.

Day 3: Product Selection and Sourcing

Objectives:
• Evaluate potential products for inclusion in a range.
• Understand sourcing options: local vs. international suppliers.
• Assess supplier reliability and quality.
• Apply criteria for product selection.

Topics:
• Product evaluation criteria: quality, price, demand, margin.
• Sourcing strategies: direct from manufacturers, wholesalers, imports.
• Supplier assessment: financial stability, delivery capability, ethics.
• Negotiation basics for pricing and terms.
• Import regulations and customs considerations.
• Product sampling and testing procedures.
• Case study: Selecting a new product line for a retail chain.
• Group activity: Evaluating supplier proposals.

Day 4: Pricing Strategies and Financial Considerations

Objectives:
• Develop pricing strategies for a product range.
• Calculate costs, margins, and break-even points.
• Understand the impact of pricing on sales and profitability.
• Apply pricing tactics: penetration, skimming, competitive.

Topics:
• Cost components: COGS, overheads, logistics.
• Pricing models: cost-plus, value-based, dynamic.
• Margin analysis and profit optimization.
• Break-even analysis for product lines.
• Promotional pricing and discount strategies.
• Financial forecasting for product range performance.
• Practical exercise: Calculating margins for a sample range.
• Workshop: Developing a pricing strategy for a new product.

Day 5: Product Range Planning and Assortment Strategies

Objectives:
• Create a balanced product assortment.
• Plan product range based on store format and target market.
• Use category management principles.
• Develop a product range planogram.

Topics:
• Assortment planning: width, depth, and variety.
• Category management: roles (destination, routine, convenience, seasonal).
• Space allocation and planogram design.
• Product lifecycle stages and range refresh cycles.
• Seasonal and trend-based adjustments.
• Inventory management basics: stock levels, turnover.
• Practical exercise: Designing a planogram for a grocery aisle.
• Group project: Developing a product range plan for a boutique.

Day 6: Implementation, Merchandising, and Supplier Management

Objectives:
• Implement a product range proposal in a retail environment.
• Apply visual merchandising principles.
• Manage supplier relationships and performance.
• Monitor and evaluate product range performance.

Topics:
• Implementation steps: ordering, receiving, stocking.
• Visual merchandising: display techniques, signage, shelf placement.
• Supplier relationship management: communication, performance reviews.
• Key performance indicators: sell-through rate, GMROI, stock turn.
• Using POS data to adjust product range.
• Handling slow-moving and obsolete stock.
• Case study: Successful product range launch.
• Workshop: Role-playing supplier negotiation.

Day 7: Review, Assessment, and Final Project

Objectives:
• Consolidate learning from the course.
• Present a comprehensive product range proposal.
• Evaluate proposal against industry standards.
• Prepare for unit standard assessment.

Topics:
• Recap of key concepts and skills.
• Final project: Develop a product range proposal for a given scenario.
• Presentation of proposals to peers and trainer.
• Feedback and refinement.
• Assessment preparation: review of unit standard outcomes.
• Written assessment (if applicable).
• Course evaluation and certification.

Practicals

24 hours of practicals To be conducted online or on-campus or in-house
Overview

Practical sessions are integral to this course, enabling learners to apply theoretical knowledge to real-world scenarios. Through hands-on activities such as market research, product selection, pricing calculations, and planogram design, learners develop the skills needed to create a credible product range proposal.

Practical Activities
  • Market Survey and Analysis — Learners conduct a mini market survey in a retail setting, collect data on customer preferences, and analyze competitor product ranges. (6h)
  • Product Selection and Supplier Evaluation — Learners evaluate potential products using criteria, assess supplier proposals, and make sourcing decisions. (6h)
  • Pricing and Margin Calculation — Learners calculate costs, margins, and break-even points for a sample product range, then develop a pricing strategy. (4h)
  • Planogram Design and Assortment Planning — Learners design a planogram for a retail category and plan a balanced product assortment. (4h)
  • Final Project: Product Range Proposal — Learners develop and present a comprehensive product range proposal for a given business scenario, integrating all course elements. (4h)

Summatives

Each delegate is assessed continuously throughout the course via daily exercises, scored practical assignments, and a final summative test at the end.

Practical Assignments — 30%

Practical assignments are observed and scored against a rubric during the practical sessions. Each delegate's practical mark is averaged into a single 100% score and contributes 30% to the final total.

Daily Exercises — 20%

Every training day ends with a multiple-choice exercise scored out of 100%. The scores from each daily exercise are averaged across the duration of the course to produce a Daily Average mark, which contributes 20% to the final total.

Final Test — 50%

On the last day a final summative test is written. It is a multiple-choice paper with multiple-answer questions: each question may have more than one correct option, and a single wrong selection on a question marks the entire question wrong — no partial credit. The final test is scored out of 100% and contributes 50% to the overall mark.

Final Total
Component Out of Weight
Practical Assignments (rubric-scored) 100% 30%
Daily Average (multiple choice) 100% 20%
Final Test (multi-answer multiple choice) 100% 50%
Final Total 100%

All marks are recorded on the AATICD LMS and visible to each learner under their account.

Certificate

Certificate of Completion

Awarded to delegates who achieve an overall mark of 50% or higher on the Final Total (Practicals 30% + Daily Average 20% + Final Test 50%).

How it works
  • Certificates are auto-generated on the AATICD LMS as soon as the marks pass the 50% threshold.
  • Each certificate is a branded PDF with the delegate's name, the course title, the unit standard ID, NQF level, credits, and the date of issue.
  • You can download or print your certificate from your LMS dashboard at any time after issue — there's no reissue fee and no expiry date.
  • If you scored under 50% you can sit the final test again at the next scheduled session at no extra cost.
Where to find it

Sign in to the LMS, open your dashboard, and your certificates appear under My Certificates. Each entry has a View / Download button and a print option.

Training Discounts

Group discounts apply automatically — the more delegates you enrol, the greater the saving. Discounts are calculated at 3% per 5 delegates, scaling up to 40% off for 100+ delegates.

Delegates Discount
5 3% off
10 6% off
15 9% off
20 12% off
25 15% off
30 18% off
50 30% off
75 35% off
100 40% off

3% discount per 5 delegates, up to 40% off for 100+ delegates. Contact us for a custom group quote.

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Training Discounts
Delegates Discount
5 3% off
10 6% off
15 9% off
20 12% off
25 15% off
30 18% off
50 30% off
75 35% off
100 40% off

3% off per 5 delegates, up to 40% for 100+

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