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The differences between licensing managers and brand 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 licensing manager and a brand manager. Additionally, a brand manager has an average salary of $97,789, which is higher than the $91,723 average annual salary of a licensing manager.
The top three skills for a licensing manager include business development, project management and license agreements. The most important skills for a brand manager are brand management, digital marketing, and customer service.
| Licensing Manager | Brand Manager | |
| Yearly salary | $91,723 | $97,789 |
| Hourly rate | $44.10 | $47.01 |
| Growth rate | 10% | 10% |
| Number of jobs | 64,732 | 127,429 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 75% |
| Average age | 39 | 39 |
| Years of experience | 10 | 10 |
A licensing manager is typically in charge of processing licensing applications. Among their responsibilities include gathering and verifying information, reviewing and gathering application requirements, answering inquiries, preparing and processing documents, and conducting further assessments to determine an applicants' compliance with the state or federal laws. There are also instances when they have the authority to approve or reject applications. Furthermore, as a manager, it is essential to lead and encourage staff to reach goals while implementing the agency's policies and regulations.
A brand manager is an individual responsible for adapting a brand strategy that targets the potential market for a company's product while maintaining its integrity. Brand managers assist in developing products while managing budgets for the advertising and promotion of their new products. They usually work under the supervision of marketing managers or chief marketing officers (CMOs) to implement and execute their marketing initiatives. Brand managers also provide an analysis of sales forecasts and create reports on product sales.
Licensing managers and brand managers have different pay scales, as shown below.
| Licensing Manager | Brand Manager | |
| Average salary | $91,723 | $97,789 |
| Salary range | Between $58,000 And $142,000 | Between $72,000 And $131,000 |
| Highest paying City | Norwalk, CT | Parsippany-Troy Hills, NJ |
| Highest paying state | Connecticut | Rhode Island |
| Best paying company | Kaiser Permanente | Meta |
| Best paying industry | Technology | Manufacturing |
There are a few differences between a licensing manager and a brand manager in terms of educational background:
| Licensing Manager | Brand Manager | |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 75% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between licensing managers' and brand managers' demographics:
| Licensing Manager | Brand Manager | |
| Average age | 39 | 39 |
| Gender ratio | Male, 46.5% Female, 53.5% | Male, 51.5% Female, 48.5% |
| 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% |