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The differences between business strategists and marketing strategists can be seen in a few details. Each job has different responsibilities and duties. It typically takes 8-10 years to become both a business strategist and a marketing strategist. Additionally, a marketing strategist has an average salary of $80,033, which is higher than the $62,796 average annual salary of a business strategist.
The top three skills for a business strategist include project management, digital marketing and client facing. The most important skills for a marketing strategist are digital marketing, email marketing, and channel marketing.
| Business Strategist | Marketing Strategist | |
| Yearly salary | $62,796 | $80,033 |
| Hourly rate | $30.19 | $38.48 |
| Growth rate | 10% | 10% |
| Number of jobs | 100,217 | 89,543 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 79% |
| Average age | 39 | 39 |
| Years of experience | 10 | 10 |
A business strategist is responsible for developing strategic plans that will help improve an organization to reach its goals and targets and improve profitability. You will analyze existing business strategies and practices and provide recommendations for improvements. Other duties include developing product development and marketing strategies, providing direction and motivating staff to complete new projects and implement new tactics, and preparing presentations to clients and corporate investors. As a business strategist, you are also responsible for consulting with management and reviewing staff performance.
The marketing strategist is an executive who works with the members of the marketing team to ensure the implementation of high-quality marketing strategies within a given time frame. Marketing strategists examine data to find out the best way to administer resources to increase revenue and profits. Their responsibilities include performing in-depth research to determine new market prospects and customers' preferences as well as forecasting market trends. Also, they set certain marketing goals that reflect the overall business goal together with developing and managing digital campaigns.
Business strategists and marketing strategists have different pay scales, as shown below.
| Business Strategist | Marketing Strategist | |
| Average salary | $62,796 | $80,033 |
| Salary range | Between $33,000 And $117,000 | Between $53,000 And $119,000 |
| Highest paying City | San Francisco, CA | Harrisburg, PA |
| Highest paying state | Washington | Pennsylvania |
| Best paying company | VMware | McKinsey & Company Inc |
| Best paying industry | - | Technology |
There are a few differences between a business strategist and a marketing strategist in terms of educational background:
| Business Strategist | Marketing Strategist | |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 79% |
| Most common major | Business | Marketing |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between business strategists' and marketing strategists' demographics:
| Business Strategist | Marketing Strategist | |
| Average age | 39 | 39 |
| Gender ratio | Male, 62.2% Female, 37.8% | Male, 47.3% Female, 52.7% |
| 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% |