Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between allocation analysts and marketing consultants can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both an allocation analyst and a marketing consultant. Additionally, a marketing consultant has an average salary of $70,593, which is higher than the $65,773 average annual salary of an allocation analyst.
The top three skills for an allocation analyst include allocation strategies, purchase orders and logistics. The most important skills for a marketing consultant are customer service, web content, and media sales.
| Allocation Analyst | Marketing Consultant | |
| Yearly salary | $65,773 | $70,593 |
| Hourly rate | $31.62 | $33.94 |
| Growth rate | 19% | 19% |
| Number of jobs | 8,917 | 88,935 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 81% | Bachelor's Degree, 75% |
| Average age | 37 | 37 |
| Years of experience | 6 | 6 |
In the retail industry, an allocation analyst is in charge of providing analytical services to optimize a company's supply chain operations. Among their responsibilities include performing market research and analysis, determining the customers' purchase needs, managing product inventory, coordinating with store managers, gathering and analyzing data from internal and external parties, keeping abreast with the latest trends, and developing strategies to reach sales and inventory targets. Moreover, an allocation analyst must maintain an active communication line with staff while enforcing and promoting the company's policies and regulations.
A marketing consultant is responsible for utilizing their extensive retail expertise to develop strategies on how to strengthen client base and achieve better sales. Furthermore, a marketing consultant must perform research and analysis to determine opportunities for financial gains, devise plans to improve client satisfaction, assess the competition, look out for any risks, and develop its brand and image. They should also ensure that all steps taken adhere to the policies and regulations of the organization.
Allocation analysts and marketing consultants have different pay scales, as shown below.
| Allocation Analyst | Marketing Consultant | |
| Average salary | $65,773 | $70,593 |
| Salary range | Between $47,000 And $90,000 | Between $44,000 And $112,000 |
| Highest paying City | Dover, DE | Wilmington, DE |
| Highest paying state | Delaware | Delaware |
| Best paying company | Wellington Management | Meta |
| Best paying industry | Retail | Technology |
There are a few differences between an allocation analyst and a marketing consultant in terms of educational background:
| Allocation Analyst | Marketing Consultant | |
| Most common degree | Bachelor's Degree, 81% | Bachelor's Degree, 75% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between allocation analysts' and marketing consultants' demographics:
| Allocation Analyst | Marketing Consultant | |
| Average age | 37 | 37 |
| Gender ratio | Male, 29.3% Female, 70.7% | Male, 46.0% Female, 54.0% |
| Race ratio | Black or African American, 5.3% Unknown, 5.0% Hispanic or Latino, 12.7% Asian, 11.1% White, 65.8% American Indian and Alaska Native, 0.1% | Black or African American, 5.3% Unknown, 5.0% Hispanic or Latino, 12.7% Asian, 10.8% White, 65.9% American Indian and Alaska Native, 0.1% |
| LGBT Percentage | 10% | 10% |