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The differences between marketing database analysts and pricing analysts can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a marketing database analyst and a pricing analyst. Additionally, a marketing database analyst has an average salary of $79,244, which is higher than the $64,168 average annual salary of a pricing analyst.
The top three skills for a marketing database analyst include marketing campaigns, SAS and data analysis. The most important skills for a pricing analyst are pricing strategy, strong analytical, and customer service.
| Marketing Database Analyst | Pricing Analyst | |
| Yearly salary | $79,244 | $64,168 |
| Hourly rate | $38.10 | $30.85 |
| Growth rate | 19% | 19% |
| Number of jobs | 110,915 | 73,462 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 75% |
| Average age | 37 | 37 |
| Years of experience | 6 | 6 |
A marketing database analyst works on reducing risks associated with a marketing initiative or project by conducting an analysis of marketing databases. They are required to develop strategies for targeted marketing campaigns, help a company make informed decisions on market tactics, identify market trends and monitor competitors, identify new customers, identify opportunities that will increase sales, and ensure a database is regularly updated and maintained.
Pricing analysts are responsible for examining competitors' pricing strategies and industry standards to aid businesses in determining and setting competitive pricing. These professionals study consumer habits and behavior to gauge their willingness to pay for products and examine consumer spending. They conduct impact and mathematical analyses, and large-scale research to come up with their conclusions. Other duties and responsibilities include developing revenue forecasts and statistical models, monitoring industry trends, and developing pricing tools that can quickly respond to the rapidly changing market trends and needs.
Marketing database analysts and pricing analysts have different pay scales, as shown below.
| Marketing Database Analyst | Pricing Analyst | |
| Average salary | $79,244 | $64,168 |
| Salary range | Between $58,000 And $107,000 | Between $46,000 And $89,000 |
| Highest paying City | San Francisco, CA | Seattle, WA |
| Highest paying state | Washington | Washington |
| Best paying company | PayPal | Apple |
| Best paying industry | Finance | Finance |
There are a few differences between a marketing database analyst and a pricing analyst in terms of educational background:
| Marketing Database Analyst | Pricing Analyst | |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 75% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Pennsylvania |
Here are the differences between marketing database analysts' and pricing analysts' demographics:
| Marketing Database Analyst | Pricing Analyst | |
| Average age | 37 | 37 |
| Gender ratio | Male, 52.0% Female, 48.0% | Male, 53.3% Female, 46.7% |
| Race ratio | Black or African American, 4.7% Unknown, 4.9% Hispanic or Latino, 11.2% Asian, 14.2% White, 64.9% American Indian and Alaska Native, 0.1% | Black or African American, 5.0% Unknown, 5.0% Hispanic or Latino, 12.0% Asian, 13.0% White, 64.9% American Indian and Alaska Native, 0.1% |
| LGBT Percentage | 10% | 10% |