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The differences between competitive intelligence analysts and analysts can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a competitive intelligence analyst and an analyst. Additionally, an analyst has an average salary of $73,007, which is higher than the $70,693 average annual salary of a competitive intelligence analyst.
The top three skills for a competitive intelligence analyst include pricing strategy, market research and powerpoint. The most important skills for an analyst are customer service, troubleshoot, and data analysis.
| Competitive Intelligence Analyst | Analyst | |
| Yearly salary | $70,693 | $73,007 |
| Hourly rate | $33.99 | $35.10 |
| Growth rate | 3% | 11% |
| Number of jobs | 12,571 | 253,138 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 67% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
A competitive intelligence analyst specializes in recommending solutions to optimize a company's sales performance and business plans. They conduct extensive research and analysis to identify market trends, new business opportunities, client needs, and competitor strategies. Using their research findings, they produce and recommend new business plans and policies to help companies reach their short and long-term goals. Furthermore, as a competitive intelligence analyst, it is essential to develop solutions and suggest actions while adhering to the company's standards and regulations.
Analysts are employees or individual contributors with a vast experience in a particular field that help the organization address challenges. They help the organization improve processes, policies, and other operations protocol by studying the current processes in place and determining the effectiveness of those processes. They also research industry trends and data to make sound inferences and recommendations on what the company should do to improve their numbers. Analysts recommend business solutions and often help the organization roll out these solutions. They ensure that the proposed action plans are effective and produce the desired results.
Competitive intelligence analysts and analysts have different pay scales, as shown below.
| Competitive Intelligence Analyst | Analyst | |
| Average salary | $70,693 | $73,007 |
| Salary range | Between $51,000 And $96,000 | Between $53,000 And $99,000 |
| Highest paying City | San Francisco, CA | Jersey City, NJ |
| Highest paying state | California | New Jersey |
| Best paying company | Xoom | The Citadel |
| Best paying industry | Real Estate | Technology |
There are a few differences between a competitive intelligence analyst and an analyst in terms of educational background:
| Competitive Intelligence Analyst | Analyst | |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 67% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | Northwestern University |
Here are the differences between competitive intelligence analysts' and analysts' demographics:
| Competitive Intelligence Analyst | Analyst | |
| Average age | 44 | 44 |
| Gender ratio | Male, 55.4% Female, 44.6% | Male, 52.4% Female, 47.6% |
| Race ratio | Black or African American, 10.3% Unknown, 5.0% Hispanic or Latino, 16.4% Asian, 2.9% White, 64.8% American Indian and Alaska Native, 0.7% | Black or African American, 7.4% Unknown, 4.4% Hispanic or Latino, 8.5% Asian, 14.3% White, 65.2% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 9% | 12% |