Home > Salary > Latvia > Merchandising Manager
A Merchandising Manager is responsible for planning, implementing, and managing merchandising strategies to maximize sales and profitability. They work closely with the marketing and sales teams to develop effective product displays, promotions, and pricing strategies. The role involves analyzing market trends, customer preferences, and competitor activities to identify opportunities for product assortment improvement. Merchandising Managers collaborate with suppliers and negotiate contracts to ensure timely delivery of products and maintain optimal inventory levels. They also monitor sales performance, conduct regular store visits, and provide feedback to improve visual merchandising standards. Strong analytical skills, creativity, and a keen eye for detail are essential for this role. Effective communication and leadership skills are also necessary to coordinate cross-functional teams and drive successful merchandising campaigns.
Estimated Yearly Salary: 28,422 EUR
Estimated Monthly Salary: 2,369 EUR
Estimated Weekly Salary: 547 EUR per week
Estimated Hourly Salary: 14 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 2,285 EUR
Estimated Weekly Salary: 527 EUR per week
Estimated Hourly Salary: 13 EUR per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 28,451 USD
Estimated Monthly Salary: 2,371 USD
Estimated Weekly Salary: 547 USD per week
Estimated Hourly Salary: 14 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 28,422 EUR
Estimated Monthly Salary: 2,369 EUR
Estimated Weekly Salary: 547 EUR per week
Estimated Hourly Salary: 14 EUR per hour
By working as Merchandising Manager a person can save up to 1,511 USD per month or 18,131 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Latvia, see costs of living in Latvia.
Estimated Yearly Salary for Merchandising Manager
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Machinist engineer (25,043 EUR per year, pre-tax.)
Chief manufacturing officer (56,713 EUR per year, pre-tax.)
Radiation technologist (17,804 EUR per year, pre-tax.)
Merchandise planner (22,820 EUR per year, pre-tax.)
Lab safety officer (19,708 EUR per year, pre-tax.)
Merchandising Manager salary in Latvia
Average Yearly Salary of Merchandising Manager in Latvia is approximately 28,422 EUR (28,451 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Merchandising Manager do?
A Merchandising Manager is responsible for planning, implementing, and managing merchandising strategies to maximize sales and profitability. They work closely with the marketing and sales teams to develop effective product displays, promotions, and pricing strategies. The role involves analyzing market trends, customer preferences, and competitor activities to identify opportunities for product assortment improvement. Merchandising Managers collaborate with suppliers and negotiate contracts to ensure timely delivery of products and maintain optimal inventory levels. They also monitor sales performance, conduct regular store visits, and provide feedback to improve visual merchandising standards. Strong analytical skills, creativity, and a keen eye for detail are essential for this role. Effective communication and leadership skills are also necessary to coordinate cross-functional teams and drive successful merchandising campaigns.
Skills: Merchandising, Retail, Sales, Marketing, Inventory Management, Visual Merchandising
Job industry: Retail
Job industry: Retail
How much does Merchandising Manager make?
Salary details
How much does Merchandising Manager make?Estimated Yearly Salary: 28,422 EUR
Estimated Monthly Salary: 2,369 EUR
Estimated Weekly Salary: 547 EUR per week
Estimated Hourly Salary: 14 EUR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 27,419 EUREstimated Monthly Salary: 2,285 EUR
Estimated Weekly Salary: 527 EUR per week
Estimated Hourly Salary: 13 EUR per hour
Last revision of data: 2024-01-03Merchandising Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 28,451 USD
Estimated Monthly Salary: 2,371 USD
Estimated Weekly Salary: 547 USD per week
Estimated Hourly Salary: 14 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
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Country:
Salary comparison to National average
Latvia is a country located in Northern Europe, bordered by Estonia to the north, Lithuania to the south, Russia to the east, and Belarus to the southeast. It has a population of approximately 1.9 million people and covers an area of about 64,589 square kilometers.
Estimated national average yearly salary is 19,565 EUR (21,500 USD). Value indicated is pre-tax. Below graph shows estimated Merchandising Manager job salary compared to average salary in Latvia.
Comparison shows that a person working as Merchandising Manager in Latvia earns on average:
1.45 times the average salary (or 145% of average salary).
Estimated national average yearly salary is 19,565 EUR (21,500 USD). Value indicated is pre-tax. Below graph shows estimated Merchandising Manager job salary compared to average salary in Latvia.
Comparison shows that a person working as Merchandising Manager in Latvia earns on average:
1.45 times the average salary (or 145% of average salary).
Is Merchandising Manager a well paid job?
Yes, our data shows that Merchandising Manager is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Merchandising Manager?
High salary for Merchandising Manager would be somewhere between 31,264 EUR and 41,212 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Merchandising Manager in Latvia?
Living in Latvia the approximate monthly expenses are: 860 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 28,422 EUR
Estimated Monthly Salary: 2,369 EUR
Estimated Weekly Salary: 547 EUR per week
Estimated Hourly Salary: 14 EUR per hour
By working as Merchandising Manager a person can save up to 1,511 USD per month or 18,131 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Latvia, see costs of living in Latvia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Estonia, Russia, Belarus, Lithuania.. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Merchandising Manager
Estonia is 36,518 USD
Russia is 16,993 USD
Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Latvia
(224,317 EUR per year, pre-tax.)
2. Cardiologist
(186,760 EUR per year, pre-tax.)
(179,947 EUR per year, pre-tax.)
4. Neurosurgeon
(174,646 EUR per year, pre-tax.)
(174,433 EUR per year, pre-tax.)
6. Urologist
(170,871 EUR per year, pre-tax.)
(170,733 EUR per year, pre-tax.)
(170,497 EUR per year, pre-tax.)
(169,948 EUR per year, pre-tax.)
(169,943 EUR per year, pre-tax.)
Data as of 2025Random salary:
Machinist engineer (25,043 EUR per year, pre-tax.)
Chief manufacturing officer (56,713 EUR per year, pre-tax.)
Radiation technologist (17,804 EUR per year, pre-tax.)
Merchandise planner (22,820 EUR per year, pre-tax.)
Lab safety officer (19,708 EUR per year, pre-tax.)
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