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Manager, market intelligence vs pricing manager

The differences between managers, market intelligence 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 manager, market intelligence and a pricing manager. Additionally, a manager, market intelligence has an average salary of $112,100, which is higher than the $109,525 average annual salary of a pricing manager.

The top three skills for a manager, market intelligence include data analysis, project management and deep understanding. The most important skills for a pricing manager are analytics, pricing strategy, and strategic pricing.

Manager, market intelligence vs pricing manager overview

Manager, Market IntelligencePricing Manager
Yearly salary$112,100$109,525
Hourly rate$53.89$52.66
Growth rate10%10%
Number of jobs76,493119,997
Job satisfaction--
Most common degreeBachelor's Degree, 72%Bachelor's Degree, 66%
Average age3939
Years of experience1010

What does a manager, market intelligence do?

Market intelligence managers are employees of a corporation who study the new trends, behaviors, and needs of their target and current market. The managers recommend strategies to capitalize on opportunities that will help the company reach its goals. They are responsible for attracting new customers and maximizing the value of their existing customers. The skills they need to develop include analytical, technical, and business to perform the job well. They also design market research proposals and manage research projects to devise ideas that will lead the company to success.

What does a pricing manager do?

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.

Manager, market intelligence vs pricing manager salary

Managers, market intelligence and pricing managers have different pay scales, as shown below.

Manager, Market IntelligencePricing Manager
Average salary$112,100$109,525
Salary rangeBetween $78,000 And $159,000Between $80,000 And $149,000
Highest paying CitySeattle, WASan Francisco, CA
Highest paying stateWashingtonArizona
Best paying companyMcKinsey & Company IncMcKinsey & Company Inc
Best paying industryTechnologyTechnology

Differences between manager, market intelligence and pricing manager education

There are a few differences between a manager, market intelligence and a pricing manager in terms of educational background:

Manager, Market IntelligencePricing Manager
Most common degreeBachelor's Degree, 72%Bachelor's Degree, 66%
Most common majorBusinessBusiness
Most common collegeUniversity of GeorgiaUniversity of Georgia

Manager, market intelligence vs pricing manager demographics

Here are the differences between managers, market intelligence' and pricing managers' demographics:

Manager, Market IntelligencePricing Manager
Average age3939
Gender ratioMale, 66.1% Female, 33.9%Male, 57.8% Female, 42.2%
Race ratioBlack 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 Percentage10%10%

Differences between manager, market intelligence and pricing manager duties and responsibilities

Manager, market intelligence example responsibilities.

  • Lead cross-functional team task with evaluating YottaYotta's needs for a CRM system.
  • Develop and manage value-based pricing strategy that maximize profitability and marketability of limited-inventory advertising portfolio.
  • Centralize data ownership, define data entry guidelines to improve quality and consistency in the CRM.
  • Develop and manage value-based pricing strategy that maximize profitability and marketability of limited-inventory advertising portfolio.
  • Invented/developed several iterative/randomizing testing mechanisms to expand QA testing.
  • Improve awareness of competitors, current events, and industry outlook by designing an Intranet site.
  • Show more

Pricing manager example responsibilities.

  • Create RFQ for large orders, manage wholesale dealer price lists, and constantly negotiate better pricing on goods.
  • Manage operational compliance with terms and conditions to include the creation and management of SLA's and KPI's.
  • Manage personnel for all procurement relate activities in support of these commodities (measure by a prescribe set of metrics).
  • Manage the development of strategic initiatives from concept to execution including the store format portfolio, international partnership and OmniChannel opportunities.
  • Prepare and develop complete cost proposals in accordance with specify RFP requirements and the established corporate estimating system.
  • Write ad hoc SQL queries as needed.
  • Show more

Manager, market intelligence vs pricing manager skills

Common manager, market intelligence skills
  • Data Analysis, 13%
  • Project Management, 10%
  • Deep Understanding, 9%
  • Business Intelligence, 6%
  • Market Trends, 6%
  • Business Strategies, 6%
Common pricing manager skills
  • Analytics, 15%
  • Pricing Strategy, 11%
  • Strategic Pricing, 5%
  • Customer Service, 5%
  • Strong Analytical, 5%
  • SQL, 4%

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