Gold buyer vs buyer

The differences between gold buyers and buyers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become a gold buyer, becoming a buyer takes usually requires More than 10 years. Additionally, a gold buyer has an average salary of $54,119, which is higher than the $54,049 average annual salary of a buyer.

The top three skills for a gold buyer include customer service, store locations and store operations. The most important skills for a buyer are purchase orders, customer service, and logistics.

Gold buyer vs buyer overview

	Gold Buyer	Buyer
Yearly salary	$54,119	$54,049
Hourly rate	$26.02	$25.99
Growth rate	-	-
Number of jobs	8,845	23,589
Job satisfaction	-	5
Most common degree	Bachelor's Degree, 38%	Bachelor's Degree, 64%
Average age	44	47
Years of experience	4	-

Gold buyer vs buyer salary

Gold buyers and buyers have different pay scales, as shown below.

	Gold Buyer	Buyer
Average salary	$54,119	$54,049
Salary range	Between $35,000 And $81,000	Between $37,000 And $76,000
Highest paying City	-	Englewood, NJ
Highest paying state	-	New Jersey
Best paying company	-	NVIDIA
Best paying industry	-	Automotive

Differences between gold buyer and buyer education

There are a few differences between a gold buyer and a buyer in terms of educational background:

	Gold Buyer	Buyer
Most common degree	Bachelor's Degree, 38%	Bachelor's Degree, 64%
Most common major	Business	Business
Most common college	University of Akron	California State University - Bakersfield

Gold buyer vs buyer demographics

Here are the differences between gold buyers' and buyers' demographics:

	Gold Buyer	Buyer
Average age	44	47
Gender ratio	Male, 37.3% Female, 62.7%	Male, 43.9% Female, 56.1%
Race ratio	Black or African American, 7.8% Unknown, 4.5% Hispanic or Latino, 18.2% Asian, 5.7% White, 63.5% American Indian and Alaska Native, 0.3%	Black or African American, 4.0% Unknown, 3.1% Hispanic or Latino, 10.0% Asian, 6.7% White, 75.4% American Indian and Alaska Native, 0.8%
LGBT Percentage	9%	15%

Differences between gold buyer and buyer duties and responsibilities

Gold buyer example responsibilities.

Coordinate and provide direction to inventory teams by managing product placement, open-to-buy, and logistics.
List eBay items and ship as well as answering questions.
Work closely with the logistics department and internal warehouse to coordinate just in time deliveries and maintain daily inventory reconciliation.
Negotiate with jewelry vendors for product re-assortments to relive inventory and increase turn.
Manage business relationship with Japanese OEM of wide-format printer engines.

Buyer example responsibilities.

Achieve QA initiatives by increasing transparency and communication with multiple departments and suppliers to achieve daily/weekly/monthly production requirements and expedites.
Manage all incoming RMA equipment, processing and directing to correct locations and departments.
Create, analyze and manage recaps pertaining to inventory, trends, OTB, and markdowns.
Manage KanBan spreadsheets to optimize inventory levels and supplier performance.
Manage business relationship with Japanese OEM of wide-format printer engines.
Manage MRB and IQA escalations to facilitate defective material resolutions.

Gold buyer vs buyer skills

Common gold buyer skills

Customer Service, 80%
Store Locations, 8%
Store Operations, 7%
Word Processing Software, 5%

Common buyer skills

Purchase Orders, 22%
Customer Service, 11%
Logistics, 5%
Supplier Performance, 4%
MRP, 4%
Commodities, 3%