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Commercial specialist vs product specialist

The differences between commercial specialists and product specialists can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become a commercial specialist, becoming a product specialist takes usually requires 4-6 years. Additionally, a product specialist has an average salary of $85,932, 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 product specialist are customer service, product knowledge, and sales floor.

Commercial specialist vs product specialist overview

Commercial SpecialistProduct Specialist
Yearly salary$55,619$85,932
Hourly rate$26.74$41.31
Growth rate11%19%
Number of jobs48,979103,863
Job satisfaction-5
Most common degreeBachelor's Degree, 55%Bachelor's Degree, 64%
Average age4437
Years of experience46

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 product specialist do?

A product specialist is required to have excellent knowledge about a product and work with a business unit to ensure excellent product delivery. Product specialists perform product demonstrations to customers and other stakeholders and assist in their promotions and product releases. To gain increased revenue, product specialists must be able to identify new market opportunities. They are required to conduct product and sales training for the marketing team. They must also provide reports about their product-related activities to the management.

Commercial specialist vs product specialist salary

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

Commercial SpecialistProduct Specialist
Average salary$55,619$85,932
Salary rangeBetween $31,000 And $97,000Between $56,000 And $130,000
Highest paying CityMenlo Park, CASan Bruno, CA
Highest paying stateWashingtonCalifornia
Best paying companyBain & CompanyByteDance
Best paying industryTransportationTechnology

Differences between commercial specialist and product specialist education

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

Commercial SpecialistProduct Specialist
Most common degreeBachelor's Degree, 55%Bachelor's Degree, 64%
Most common majorBusinessBusiness
Most common collegeNorthwestern UniversityUniversity of Georgia

Commercial specialist vs product specialist demographics

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

Commercial SpecialistProduct Specialist
Average age4437
Gender ratioMale, 52.7% Female, 47.3%Male, 59.8% Female, 40.2%
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, 5.2% Unknown, 5.0% Hispanic or Latino, 12.5% Asian, 10.6% White, 66.6% American Indian and Alaska Native, 0.1%
LGBT Percentage12%10%

Differences between commercial specialist and product 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

Product specialist example responsibilities.

  • Create and manage RFP responses for potential customers and develop product quotes base on customer requirements.
  • Manage projects and priorities list of ongoing engineering plans base on ROI and business needs, and relay to operations regularly.
  • Perform weekly review and update of lead list against opportunities manage in Salesforce.com.
  • Manage telephone relationships with senior management of client companies to troubleshoot and develop product.
  • Participate in CAPA activities as required.
  • Develop generic UI's that includes re-branding & re-skinning of product.
  • Show more

Commercial specialist vs product specialist skills

Common commercial specialist skills
  • Customer Service, 32%
  • Portfolio, 15%
  • Commercial Loans, 5%
  • Real Estate, 5%
  • Product Knowledge, 4%
  • Booking, 4%
Common product specialist skills
  • Customer Service, 19%
  • Product Knowledge, 7%
  • Sales Floor, 7%
  • Patients, 6%
  • Excellent Interpersonal, 4%
  • Windows, 3%

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