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The differences between commodity analysts and media buyers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a commodity analyst and a media buyer. Additionally, a commodity analyst has an average salary of $87,261, which is higher than the $74,390 average annual salary of a media buyer.
The top three skills for a commodity analyst include risk management, commodities and macro. The most important skills for a media buyer are digital marketing, campaign performance, and media buying.
| Commodity Analyst | Media Buyer | |
| Yearly salary | $87,261 | $74,390 |
| Hourly rate | $41.95 | $35.76 |
| Growth rate | 11% | 8% |
| Number of jobs | 11,130 | 20,884 |
| Job satisfaction | - | 4 |
| Most common degree | Bachelor's Degree, 79% | Bachelor's Degree, 87% |
| Average age | 48 | 48 |
| Years of experience | 6 | 6 |
A commodity analyst focuses on the raw material part of the stock market. This job can range from analyzing oil and electricity to soybeans and fruits. Typical tasks of a commodity analyst include monitoring the commodities and market industries, analyzing financial information, and drafting accurate reports for investors. This analyst requires at least a bachelor's degree in finance, economics, or a related field. Other qualifications include using computer software, a thorough knowledge of economics, and analytical skills.
Media Buyers are marketing professionals who manage the company's advertisements. They create the company's media plan to determine the advertising needs of the company. They negotiate with external providers to get the best advertisement placement values. To do this, Media Buyers are expected to conduct thorough research on the different advertising companies, networks, media, size of placement, and length of advertisement. Their research must consider the target market and determine the best media to reach their target market. Media Buyers should have good negotiation skills and must be able to maintain good working relationships with providers.
Commodity analysts and media buyers have different pay scales, as shown below.
| Commodity Analyst | Media Buyer | |
| Average salary | $87,261 | $74,390 |
| Salary range | Between $63,000 And $119,000 | Between $56,000 And $98,000 |
| Highest paying City | Boston, MA | Burlington, VT |
| Highest paying state | Massachusetts | Vermont |
| Best paying company | Apple | Bloomberg |
| Best paying industry | Finance | Professional |
There are a few differences between a commodity analyst and a media buyer in terms of educational background:
| Commodity Analyst | Media Buyer | |
| Most common degree | Bachelor's Degree, 79% | Bachelor's Degree, 87% |
| Most common major | Business | Communication |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between commodity analysts' and media buyers' demographics:
| Commodity Analyst | Media Buyer | |
| Average age | 48 | 48 |
| Gender ratio | Male, 63.6% Female, 36.4% | Male, 30.1% Female, 69.9% |
| Race ratio | Black or African American, 9.1% Unknown, 4.4% Hispanic or Latino, 12.4% Asian, 7.8% White, 65.5% American Indian and Alaska Native, 0.8% | Black or African American, 8.9% Unknown, 4.4% Hispanic or Latino, 12.2% Asian, 7.7% White, 66.1% American Indian and Alaska Native, 0.8% |
| LGBT Percentage | 7% | 7% |