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The differences between pricing managers and managers, strategy can be seen in a few details. Each job has different responsibilities and duties. It typically takes 8-10 years to become both a pricing manager and a manager, strategy. Additionally, a manager, strategy has an average salary of $109,831, which is higher than the $109,525 average annual salary of a pricing manager.
The top three skills for a pricing manager include analytics, pricing strategy and strategic pricing. The most important skills for a manager, strategy are project management, portfolio, and client facing.
| Pricing Manager | Manager, Strategy | |
| Yearly salary | $109,525 | $109,831 |
| Hourly rate | $52.66 | $52.80 |
| Growth rate | 10% | 10% |
| Number of jobs | 119,997 | 148,326 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 65% |
| Average age | 39 | 39 |
| Years of experience | 10 | 10 |
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.
A strategy manager is an individual who reviews a company's objectives for growth and works with executives to formulate actionable plans to achieve these objectives. To make comprehensive recommendations, strategy managers must conduct data analysis of the organization as well as the overall industry. They must provide assessments of market trends and identify business threats and opportunities. Strategy managers should also work with department heads to develop individual team goals and break them down into actionable steps for the employees to complete.
Pricing managers and managers, strategy have different pay scales, as shown below.
| Pricing Manager | Manager, Strategy | |
| Average salary | $109,525 | $109,831 |
| Salary range | Between $80,000 And $149,000 | Between $78,000 And $152,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | Arizona | California |
| Best paying company | McKinsey & Company Inc | McKinsey & Company Inc |
| Best paying industry | Technology | Technology |
There are a few differences between a pricing manager and a manager, strategy in terms of educational background:
| Pricing Manager | Manager, Strategy | |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 65% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between pricing managers' and managers, strategy' demographics:
| Pricing Manager | Manager, Strategy | |
| Average age | 39 | 39 |
| Gender ratio | Male, 57.8% Female, 42.2% | Male, 64.7% Female, 35.3% |
| Race ratio | 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% | 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 Percentage | 10% | 10% |