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The differences between brokers and marketing representatives can be seen in a few details. Each job has different responsibilities and duties. Additionally, a broker has an average salary of $124,861, which is higher than the $47,376 average annual salary of a marketing representative.
The top three skills for a broker include brokerage, financial services and insurance products. The most important skills for a marketing representative are product knowledge, customer service, and sales presentations.
| Broker | Marketing Representative | |
| Yearly salary | $124,861 | $47,376 |
| Hourly rate | $60.03 | $22.78 |
| Growth rate | 5% | 19% |
| Number of jobs | 2,770 | 217,886 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 68% |
| Average age | 49 | 37 |
| Years of experience | - | 6 |
Brokers can either be a firm or an individual acting as an intermediary between a securities exchange and an investor. They often provide services to individual investors and traders who cannot engage directly with security exchanges, which only accept orders from their members. They provide investors and traders with an investment plan, market intelligence, and research. They may cross-sell some financial services and products offered by their brokerage firms. They are also typically classified as discount or full-service brokers.
A marketing representative's responsibilities will vary on the line of work or industry. However, it is the role of a marketing representative to engage with clients and secure sales by promoting, demonstrating, and even advertising products or services. Furthermore, they must devise marketing strategies, conduct research and analysis through surveys and polls, lookout for new opportunities and trends, and coordinate with advertisers. One must have extensive knowledge about the product as well as communication skills, being that building rapport will be very useful in accomplishing every task.
Brokers and marketing representatives have different pay scales, as shown below.
| Broker | Marketing Representative | |
| Average salary | $124,861 | $47,376 |
| Salary range | Between $68,000 And $227,000 | Between $28,000 And $77,000 |
| Highest paying City | New York, NY | New York, NY |
| Highest paying state | New York | Washington |
| Best paying company | Child Guidance & Family Solutions | Amazon |
| Best paying industry | Insurance | Finance |
There are a few differences between a broker and a marketing representative in terms of educational background:
| Broker | Marketing Representative | |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 68% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Georgia |
Here are the differences between brokers' and marketing representatives' demographics:
| Broker | Marketing Representative | |
| Average age | 49 | 37 |
| Gender ratio | Male, 63.8% Female, 36.2% | Male, 46.7% Female, 53.3% |
| Race ratio | Black or African American, 5.3% Unknown, 4.3% Hispanic or Latino, 13.2% Asian, 6.9% White, 70.1% American Indian and Alaska Native, 0.3% | Black or African American, 5.2% Unknown, 5.0% Hispanic or Latino, 12.5% Asian, 9.6% White, 67.5% American Indian and Alaska Native, 0.1% |
| LGBT Percentage | 13% | 10% |