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Commercial specialist vs business specialist

The differences between commercial specialists and business specialists can be seen in a few details. Each job has different responsibilities and duties. Additionally, a business specialist has an average salary of $73,521, which is higher than the $55,619 average annual salary of a commercial specialist.

The top three skills for a commercial specialist include customer service, portfolio and commercial loans. The most important skills for a business specialist are patients, customer service, and product knowledge.

Commercial specialist vs business specialist overview

Commercial SpecialistBusiness Specialist
Yearly salary$55,619$73,521
Hourly rate$26.74$35.35
Growth rate11%4%
Number of jobs48,97995,909
Job satisfaction--
Most common degreeBachelor's Degree, 55%Bachelor's Degree, 65%
Average age4444
Years of experience4-

What does a commercial specialist do?

Commercial specialists are professional analysts who assist their firms by developing marketing strategies, identifying business opportunities to provide data for reporting, planning, and executing trade events. These specialists investigate and write recommendations to match businesses and resolve sensitive trade complaints. Their list of responsibilities includes organizing events or meetings, supervising contractors, preparing promotional and briefing materials, and a lot more. When the events, products, and services are assigned, they follow up with their clients about them to determine their success accurately.

What does a business specialist do?

A business specialist's role is to perform research and analysis to determine the company's strengths and weaknesses, aiming to improve and develop areas for optimal performance. Their responsibilities revolve around coordinating with different departments to gather relevant data, identifying new opportunities and ways to meet clients' needs, devising strategies and programs for profit growth, and developing new processes for business efficiency. Furthermore, it is essential to provide corrective measures on various issues and concerns, all while implementing the company's policies and regulations.

Commercial specialist vs business specialist salary

Commercial specialists and business specialists have different pay scales, as shown below.

Commercial SpecialistBusiness Specialist
Average salary$55,619$73,521
Salary rangeBetween $31,000 And $97,000Between $44,000 And $120,000
Highest paying CityMenlo Park, CASeattle, WA
Highest paying stateWashingtonWashington
Best paying companyBain & CompanyBP America Inc
Best paying industryTransportation-

Differences between commercial specialist and business specialist education

There are a few differences between a commercial specialist and a business specialist in terms of educational background:

Commercial SpecialistBusiness Specialist
Most common degreeBachelor's Degree, 55%Bachelor's Degree, 65%
Most common majorBusinessBusiness
Most common collegeNorthwestern UniversityWestern Carolina University

Commercial specialist vs business specialist demographics

Here are the differences between commercial specialists' and business specialists' demographics:

Commercial SpecialistBusiness Specialist
Average age4444
Gender ratioMale, 52.7% Female, 47.3%Male, 48.1% Female, 51.9%
Race ratioBlack or African American, 8.4% Unknown, 4.5% Hispanic or Latino, 9.1% Asian, 9.8% White, 68.0% American Indian and Alaska Native, 0.2%Black or African American, 6.4% Unknown, 4.6% Hispanic or Latino, 9.4% Asian, 8.8% White, 70.4% American Indian and Alaska Native, 0.4%
LGBT Percentage12%11%

Differences between commercial specialist and business specialist duties and responsibilities

Commercial specialist example responsibilities.

  • Develop service proposals to gain new profitable accounts by utilizing CRM to manage and retain sales.
  • Manage customer negotiation processes and improve various existing work process flows.
  • Analyze and support development and execution of underwriting, automation and operational strategies to efficiently and effectively manage the portfolio.
  • Maintain existing customers by utilizing creative problem solving and negotiation skills to resolve customer issues.
  • Utilize CRM software to build rapport and business relationships with key account managers in local business entities throughout the area.
  • Follow loan from origination to closings.
  • Show more

Business specialist example responsibilities.

  • Manage existing accounts while identifying new sources of opportunities for sales in the SME segment through cold calling and prospecting.
  • Schedule appointments for estimates for replacement windows, doors, bathroom remodels, gutter replacements, etc.
  • Contribute to product development and roll out of multiple insulation, foam, windows & siding products.
  • Analyze weekly POS data to identify product trends, additional sales opportunities, and drive sales to exceed budgets.
  • Observe strict confidentiality within HIPAA regulations.
  • Work with electronic medical records system uploading documents into patients files.
  • Show more

Commercial specialist vs business specialist skills

Common commercial specialist skills
  • Customer Service, 32%
  • Portfolio, 15%
  • Commercial Loans, 5%
  • Real Estate, 5%
  • Product Knowledge, 4%
  • Booking, 4%
Common business specialist skills
  • Patients, 16%
  • Customer Service, 14%
  • Product Knowledge, 7%
  • Power Bi, 7%
  • Data Analysis, 4%
  • Treasury, 4%

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