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Pricing coordinator vs pricing specialist

The differences between pricing coordinators and pricing specialists can be seen in a few details. Each job has different responsibilities and duties. Additionally, a pricing specialist has an average salary of $73,472, which is higher than the $39,845 average annual salary of a pricing coordinator.

The top three skills for a pricing coordinator include quality customer service, sales floor and responsive customer service. The most important skills for a pricing specialist are powerpoint, work ethic, and pricing strategy.

Pricing coordinator vs pricing specialist overview

Pricing CoordinatorPricing Specialist
Yearly salary$39,845$73,472
Hourly rate$19.16$35.32
Growth rate1%19%
Number of jobs28,24158,317
Job satisfaction--
Most common degreeBachelor's Degree, 41%Bachelor's Degree, 60%
Average age4344
Years of experience6-

What does a pricing coordinator do?

A pricing coordinator is responsible for conducting data and statistical analysis to determine the appropriate pricing plans according to market conditions and public demands. Pricing coordinators analyze financial and business reports to identify pricing techniques that would minimize the company's loss and maximize profits reasonably. They also identify business opportunities that would generate revenues, assess market competitions, and evaluate sales reports. A pricing coordinator must have excellent communication and analytical skills to collect cost information and measure revenue assets.

What does a pricing specialist do?

A pricing specialist is responsible for determining the appropriate pricing and value of the company's goods and services by analyzing the market trends and performing data and statistical analysis. Pricing specialists manage the pricing policies of an organization adhering to the business requirements and state regulations. They adjust pricing strategies according to public and market demands and coordinate with the marketing and sales team to inform and disseminate pricing adjustments to the customers and clients.

Pricing coordinator vs pricing specialist salary

Pricing coordinators and pricing specialists have different pay scales, as shown below.

Pricing CoordinatorPricing Specialist
Average salary$39,845$73,472
Salary rangeBetween $30,000 And $52,000Between $48,000 And $111,000
Highest paying CityJersey City, NJReno, NV
Highest paying stateRhode IslandConnecticut
Best paying companyDeloitteNokia
Best paying industryAutomotiveFinance

Differences between pricing coordinator and pricing specialist education

There are a few differences between a pricing coordinator and a pricing specialist in terms of educational background:

Pricing CoordinatorPricing Specialist
Most common degreeBachelor's Degree, 41%Bachelor's Degree, 60%
Most common majorBusinessBusiness
Most common collegeSUNY College of Technology at DelhiWestern Carolina University

Pricing coordinator vs pricing specialist demographics

Here are the differences between pricing coordinators' and pricing specialists' demographics:

Pricing CoordinatorPricing Specialist
Average age4344
Gender ratioMale, 26.2% Female, 73.8%Male, 36.8% Female, 63.2%
Race ratioBlack or African American, 9.0% Unknown, 4.7% Hispanic or Latino, 17.9% Asian, 6.5% White, 61.3% American Indian and Alaska Native, 0.7%Black or African American, 6.4% Unknown, 4.6% Hispanic or Latino, 9.4% Asian, 8.8% White, 70.4% American Indian and Alaska Native, 0.4%
LGBT Percentage9%11%

Differences between pricing coordinator and pricing specialist duties and responsibilities

Pricing coordinator example responsibilities.

  • Manage vendor claims processing by ensuring all items are on file and the stores have the correct information in the AS400.
  • Manage and coordinate the workload of the release team members and are responsible for organizing and hosting all production release windows.
  • Provide timely customer service to stores when there are UPC, SKU or PO issues.
  • Call in problems with equipment such as (RF's) or printers.
  • Change daily sales, mark downs, markups, scan out penny stock, damages and RTVs.
  • Perform bookkeeping and payroll duties.
  • Show more

Pricing specialist example responsibilities.

  • Utilize VBA to automate tasks and increase productivity by significantly decreasing report completion time.
  • Perform research of all bad debt accounts, outstanding checks, statements, bank information and all wire transfers including ACH.
  • Process all derivative trades to valuation systems.
  • Review and report stopped items base on OFAC regulations.
  • Review all OFAC hits and process all false hits.
  • Research and clear quality issues for FHA and conventional loans.
  • Show more

Pricing coordinator vs pricing specialist skills

Common pricing coordinator skills
  • Quality Customer Service, 35%
  • Sales Floor, 13%
  • Responsive Customer Service, 12%
  • Data Entry, 6%
  • System Tasks, 6%
  • Store Merchandise, 5%
Common pricing specialist skills
  • PowerPoint, 11%
  • Work Ethic, 10%
  • Pricing Strategy, 8%
  • Data Entry, 7%
  • Customer Service, 6%
  • Strong Analytical, 6%