Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between marketing agents and licensed agents can be seen in a few details. Each job has different responsibilities and duties. Additionally, a licensed agent has an average salary of $42,315, which is higher than the $40,384 average annual salary of a marketing agent.
The top three skills for a marketing agent include booking, customer service and product knowledge. The most important skills for a licensed agent are HIPAA, customer service, and inbound calls.
| Marketing Agent | Licensed Agent | |
| Yearly salary | $40,384 | $42,315 |
| Hourly rate | $19.42 | $20.34 |
| Growth rate | 6% | 6% |
| Number of jobs | 112,353 | 68,666 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 55% | Bachelor's Degree, 52% |
| Average age | 46 | 46 |
| Years of experience | - | - |
A marketing agency is responsible for selling the company's goods and services, identifying promotional techniques to boost brand awareness in the market, and strategizing in increasing sales targets. Marketing agents identify business opportunities by analyzing market trends and public demands that would generate more revenue resources and increase the company's profitability. They also negotiate with potential clients for partnerships, respond to their inquiries and concerns, and address their requests. A marketing agent handles the development of marketing materials, including a budget allocation to support marketing functions and business requirements.
Licensed Agents act as authorized brokers acting on behalf of an individual owner or organization in selling a product, service, or property. There are many different pathways a licensed agent can delve into, such as in real estate, insurance, and banking. For instance, a real estate agent uses its license to be able to sell and rent properties. Their duties include gathering property information, evaluating property estimates, marketing properties, and represent sellers in the process of negotiation. They seek prospective buyers, monitor the sale process between stakeholders, and reach a mutually agreed price.
Marketing agents and licensed agents have different pay scales, as shown below.
| Marketing Agent | Licensed Agent | |
| Average salary | $40,384 | $42,315 |
| Salary range | Between $24,000 And $67,000 | Between $28,000 And $62,000 |
| Highest paying City | New York, NY | Kirkland, WA |
| Highest paying state | Alaska | Alaska |
| Best paying company | Wyndham Vacation Ownership | HPOne |
| Best paying industry | Hospitality | Insurance |
There are a few differences between a marketing agent and a licensed agent in terms of educational background:
| Marketing Agent | Licensed Agent | |
| Most common degree | Bachelor's Degree, 55% | Bachelor's Degree, 52% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between marketing agents' and licensed agents' demographics:
| Marketing Agent | Licensed Agent | |
| Average age | 46 | 46 |
| Gender ratio | Male, 48.5% Female, 51.5% | Male, 41.3% Female, 58.7% |
| Race ratio | Black or African American, 9.5% Unknown, 3.6% Hispanic or Latino, 16.2% Asian, 4.9% White, 65.7% American Indian and Alaska Native, 0.1% | Black or African American, 9.2% Unknown, 3.6% Hispanic or Latino, 15.8% Asian, 4.9% White, 66.4% American Indian and Alaska Native, 0.1% |
| LGBT Percentage | 7% | 7% |