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The differences between buyers and purchasing buyers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes More than 10 years to become a buyer, becoming a purchasing buyer takes usually requires 4-6 years. Additionally, a buyer has an average salary of $54,049, which is higher than the $47,471 average annual salary of a purchasing buyer.
The top three skills for a buyer include purchase orders, customer service and logistics. The most important skills for a purchasing buyer are purchase orders, logistics, and cost savings.
| Buyer | Purchasing Buyer | |
| Yearly salary | $54,049 | $47,471 |
| Hourly rate | $25.99 | $22.82 |
| Growth rate | - | - |
| Number of jobs | 23,589 | 21,158 |
| Job satisfaction | 5 | - |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 55% |
| Average age | 47 | 48 |
| Years of experience | - | 6 |
A buyer's duties include product sourcing and comparing resources for the best product range that would suit the specific needs of the business. Buyers must have excellent communication and negotiation skills to evaluate items that most likely benefit the customer and improve the sales of daily operations with cost-efficient products. They also conduct extensive research for market and price trends while considering the highest quality standards. Buyers should also possess strong analytical skills to create purchase orders and statistical analysis.
In a retail setting, a purchasing buyer is primarily responsible for devising strategies for procuring supplies, ensuring that it aligns with the company's needs and standards. They are also responsible for conducting thorough marketing research and analysis, coordinating with different departments to gather and process documentation, liaising and negotiating with vendors and suppliers, and keeping track of all purchasing orders to ensure accuracy and timeliness. Furthermore, as a purchasing buyer, it is essential to maintain records of all transactions and submit regular reports to supervisors.
Buyers and purchasing buyers have different pay scales, as shown below.
| Buyer | Purchasing Buyer | |
| Average salary | $54,049 | $47,471 |
| Salary range | Between $37,000 And $76,000 | Between $35,000 And $62,000 |
| Highest paying City | Englewood, NJ | Goleta, CA |
| Highest paying state | New Jersey | California |
| Best paying company | NVIDIA | Aramco Services Company |
| Best paying industry | Automotive | Automotive |
There are a few differences between a buyer and a purchasing buyer in terms of educational background:
| Buyer | Purchasing Buyer | |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 55% |
| Most common major | Business | Business |
| Most common college | California State University - Bakersfield | University of Pennsylvania |
Here are the differences between buyers' and purchasing buyers' demographics:
| Buyer | Purchasing Buyer | |
| Average age | 47 | 48 |
| Gender ratio | Male, 43.9% Female, 56.1% | Male, 41.9% Female, 58.1% |
| Race ratio | Black or African American, 4.0% Unknown, 3.1% Hispanic or Latino, 10.0% Asian, 6.7% White, 75.4% American Indian and Alaska Native, 0.8% | Black or African American, 9.0% Unknown, 4.4% Hispanic or Latino, 12.4% Asian, 7.8% White, 65.7% American Indian and Alaska Native, 0.8% |
| LGBT Percentage | 15% | 7% |