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The differences between analyst sales and product analysts can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become an analyst sales, becoming a product analyst takes usually requires 2-4 years. Additionally, a product analyst has an average salary of $79,316, which is higher than the $69,093 average annual salary of an analyst sales.
The top three skills for an analyst sales include salesforce, customer service and data analysis. The most important skills for a product analyst are tableau, data analysis, and product management.
| Analyst Sales | Product Analyst | |
| Yearly salary | $69,093 | $79,316 |
| Hourly rate | $33.22 | $38.13 |
| Growth rate | 19% | 11% |
| Number of jobs | 77,023 | 176,369 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 77% | Bachelor's Degree, 73% |
| Average age | 37 | 44 |
| Years of experience | 6 | 4 |
Analyst sales, or a sales analyst, is an individual who is responsible for increasing sales and revenue of a company by running competitive analysis and making recommendations on how the marketing and sales team should move forward. Sales analysts must assist in the review of monthly financial statements and prepare complex financial statements for retail and service businesses. They develop and provide market intelligence data solutions for the sales team to maximize territory sales efforts. Sales analysts must also maintain a business relationship with key account top management to deliver outstanding customer service and assistance.
A product analyst job utilizes data analysis software and notates trends in market research. Primarily, analysts project the costs of product development and marketing. They think of the possibilities for profit and sales and monitor the performance of products on the market to come up with a better product. Their responsibilities include company product evaluation, product understanding, and product rating reviews. Familiarity with Microsoft Office Suite, strong communication skills, and proficiency in database software is necessary for this job.
Analyst sales and product analysts have different pay scales, as shown below.
| Analyst Sales | Product Analyst | |
| Average salary | $69,093 | $79,316 |
| Salary range | Between $47,000 And $99,000 | Between $56,000 And $111,000 |
| Highest paying City | Seattle, WA | Seattle, WA |
| Highest paying state | Washington | Washington |
| Best paying company | Meta | |
| Best paying industry | Finance | Technology |
There are a few differences between an analyst sales and a product analyst in terms of educational background:
| Analyst Sales | Product Analyst | |
| Most common degree | Bachelor's Degree, 77% | Bachelor's Degree, 73% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between analyst sales' and product analysts' demographics:
| Analyst Sales | Product Analyst | |
| Average age | 37 | 44 |
| Gender ratio | Male, 51.0% Female, 49.0% | Male, 53.2% Female, 46.8% |
| Race ratio | Black or African American, 5.0% Unknown, 5.0% Hispanic or Latino, 11.9% Asian, 13.0% White, 65.1% American Indian and Alaska Native, 0.1% | Black or African American, 7.6% Unknown, 4.5% Hispanic or Latino, 8.5% Asian, 14.6% White, 64.6% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 10% | 12% |