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The differences between allocation analysts and marketing specialists 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 specialist. Additionally, an allocation analyst has an average salary of $65,773, which is higher than the $54,942 average annual salary of a marketing specialist.
The top three skills for an allocation analyst include allocation strategies, purchase orders and logistics. The most important skills for a marketing specialist are digital marketing, marketing campaigns, and project management.
| Allocation Analyst | Marketing Specialist | |
| Yearly salary | $65,773 | $54,942 |
| Hourly rate | $31.62 | $26.41 |
| Growth rate | 19% | 19% |
| Number of jobs | 8,917 | 87,145 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 81% | Bachelor's Degree, 78% |
| 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 specialist's primary responsibility revolves around conducting thorough market research and analysis to acquire extensive knowledge and understanding of a brand and how it will work in the consumer market. They must determine and come up with strategies and utilize this to develop various programs or campaigns that would be vital in bringing more awareness to the brand, thus boosting sales and improving client base. Furthermore, a marketing specialist must also use their expertise to figure out new opportunities and trends that will work for the company.
Allocation analysts and marketing specialists have different pay scales, as shown below.
| Allocation Analyst | Marketing Specialist | |
| Average salary | $65,773 | $54,942 |
| Salary range | Between $47,000 And $90,000 | Between $36,000 And $82,000 |
| Highest paying City | Dover, DE | Seattle, WA |
| Highest paying state | Delaware | Washington |
| Best paying company | Wellington Management | |
| Best paying industry | Retail | Technology |
There are a few differences between an allocation analyst and a marketing specialist in terms of educational background:
| Allocation Analyst | Marketing Specialist | |
| Most common degree | Bachelor's Degree, 81% | Bachelor's Degree, 78% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between allocation analysts' and marketing specialists' demographics:
| Allocation Analyst | Marketing Specialist | |
| Average age | 37 | 37 |
| Gender ratio | Male, 29.3% Female, 70.7% | Male, 35.5% Female, 64.5% |
| 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, 5.2% Unknown, 5.0% Hispanic or Latino, 12.5% Asian, 11.2% White, 65.9% American Indian and Alaska Native, 0.1% |
| LGBT Percentage | 10% | 10% |