There is more than meets the eye when it comes to being a pricing manager. For example, did you know that they make an average of $52.66 an hour? That's $109,525 a year! Between 2018 and 2028, the career is expected to grow 8% and produce 21,800 job opportunities across the U.S.
There are certain skills that many pricing managers have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed creativity, organizational skills and analytical skills.
If you're interested in becoming a pricing manager, one of the first things to consider is how much education you need. We've determined that 65.6% of pricing managers have a bachelor's degree. In terms of higher education levels, we found that 17.6% of pricing managers have master's degrees. Even though most pricing managers have a college degree, it's possible to become one with only a high school degree or GED.
As you move along in your career, you may start taking on more responsibilities or notice that you've taken on a leadership role. Using our career map, a pricing manager can determine their career goals through the career progression. For example, they could start out with a role such as manager, progress to a title such as product manager and then eventually end up with the title director, product marketing.
What Am I Worth?
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The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 18.5% of pricing managers listed analytics on their resume, but soft skills such as creativity and organizational skills are important as well.
Zippia allows you to choose from different easy-to-use Pricing Manager templates, and provides you with expert advice. Using the templates, you can rest assured that the structure and format of your Pricing Manager resume is top notch. Choose a template with the colors, fonts & text sizes that are appropriate for your industry.
After extensive research and analysis, Zippia's data science team found that:
Boost Profit by learning diff Pricing Strategies & Advanced Pricing Models in Excel. Complete Pricing Analytics in Excel...
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If you haven't considered what the competition is charging, you may not be maximizing your revenue. Spend time analyzing the market and you can influence price and improve margins. In this course, we'll show you how to implement competitive pricing and avoid common legal pitfalls of market-based pricing. You will also learn how to predict, influence and respond to competitors' pricing moves. Developed at the Darden School of Business at the University of Virginia, and led by top-ranked Darden fa...
Some places are better than others when it comes to starting a career as a pricing manager. The best states for people in this position are Arizona, California, New York, and Connecticut. Pricing managers make the most in Arizona with an average salary of $118,183. Whereas in California and New York, they would average $116,430 and $115,955, respectively. While pricing managers would only make an average of $115,290 in Connecticut, you would still make more there than in the rest of the country. We determined these as the best states based on job availability and pay. By finding the median salary, cost of living, and using the Bureau of Labor Statistics' Location Quotient, we narrowed down our list of states to these four.
|Rank||Company||Average Salary||Hourly Rate||Job Openings|
|10||Hewlett Packard Enterprise||$108,984||$52.40||13|