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The differences between customer business managers and pricing managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 8-10 years to become both a customer business manager and a pricing manager. Additionally, a pricing manager has an average salary of $109,525, which is higher than the $100,453 average annual salary of a customer business manager.
The top three skills for a customer business manager include customer service, sales volume and CRM. The most important skills for a pricing manager are analytics, pricing strategy, and strategic pricing.
| Customer Business Manager | Pricing Manager | |
| Yearly salary | $100,453 | $109,525 |
| Hourly rate | $48.29 | $52.66 |
| Growth rate | 10% | 10% |
| Number of jobs | 147,707 | 119,997 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 66% |
| Average age | 39 | 39 |
| Years of experience | 10 | 10 |
A customer business manager is responsible for handling customer accounts and monitoring business transactions across the organization. Customer business managers identify efficient business solutions to improve the current operational processes and maximize the staff's productivity and performance in delivering high-quality results. They also negotiate contracts with trusted suppliers and vendors for operational resources and inventories. A customer business manager must have excellent communication and problem-solving skills, especially in responding to clients' inquiries and concerns and resolving business complaints.
Pricing managers are employees who oversee the pricing needs of the organization. They identify the best pricing schemes for the company's product or service offerings. To do this, pricing managers analyze industry trends and current events. They study the target market and their spending behavior. They also coordinate with different departments, such as the production department to get the cost of production and the human resources department to get overhead costs. They also factor in different operational costs. Once they get this data, they determine the best pricing for the goods. Pricing managers also have a say in company tie-ups and client proposals to ensure that the company will not get the losing end of the stick with such partnerships.
Customer business managers and pricing managers have different pay scales, as shown below.
| Customer Business Manager | Pricing Manager | |
| Average salary | $100,453 | $109,525 |
| Salary range | Between $61,000 And $162,000 | Between $80,000 And $149,000 |
| Highest paying City | - | San Francisco, CA |
| Highest paying state | - | Arizona |
| Best paying company | - | McKinsey & Company Inc |
| Best paying industry | - | Technology |
There are a few differences between a customer business manager and a pricing manager in terms of educational background:
| Customer Business Manager | Pricing Manager | |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 66% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between customer business managers' and pricing managers' demographics:
| Customer Business Manager | Pricing Manager | |
| Average age | 39 | 39 |
| Gender ratio | Male, 57.2% Female, 42.8% | Male, 57.8% Female, 42.2% |
| Race ratio | Black or African American, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2% | Black or African American, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 10% | 10% |