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The differences between associate product managers and pricing managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 8-10 years to become both an associate product manager and a pricing manager. Additionally, a pricing manager has an average salary of $109,525, which is higher than the $89,963 average annual salary of an associate product manager.
The top three skills for an associate product manager include product management, project management and user stories. The most important skills for a pricing manager are analytics, pricing strategy, and strategic pricing.
| Associate Product Manager | Pricing Manager | |
| Yearly salary | $89,963 | $109,525 |
| Hourly rate | $43.25 | $52.66 |
| Growth rate | 10% | 10% |
| Number of jobs | 107,763 | 119,997 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 80% | Bachelor's Degree, 66% |
| Average age | 39 | 39 |
| Years of experience | 10 | 10 |
An associate product manager is someone who assists the product development teams in the development of new product features. The duties of an associate include formulation of product strategies, collection of quantitative product data, and interpretation of consumer feedback. The requirements to qualify for the position include a bachelor's degree in computer science, marketing, business management, or a related field, the ability to maintain strong customer relations, and excellent communication skills.
Pricing managers are employees who oversee the pricing needs of the organization. They identify the best pricing schemes for the company's product or service offerings. To do this, pricing managers analyze industry trends and current events. They study the target market and their spending behavior. They also coordinate with different departments, such as the production department to get the cost of production and the human resources department to get overhead costs. They also factor in different operational costs. Once they get this data, they determine the best pricing for the goods. Pricing managers also have a say in company tie-ups and client proposals to ensure that the company will not get the losing end of the stick with such partnerships.
Associate product managers and pricing managers have different pay scales, as shown below.
| Associate Product Manager | Pricing Manager | |
| Average salary | $89,963 | $109,525 |
| Salary range | Between $65,000 And $122,000 | Between $80,000 And $149,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | California | Arizona |
| Best paying company | Meta | McKinsey & Company Inc |
| Best paying industry | Start-up | Technology |
There are a few differences between an associate product manager and a pricing manager in terms of educational background:
| Associate Product Manager | Pricing Manager | |
| Most common degree | Bachelor's Degree, 80% | Bachelor's Degree, 66% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between associate product managers' and pricing managers' demographics:
| Associate Product Manager | Pricing Manager | |
| Average age | 39 | 39 |
| Gender ratio | Male, 45.0% Female, 55.0% | Male, 57.8% Female, 42.2% |
| Race ratio | Black or African American, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2% | Black or African American, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 10% | 10% |