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The differences between pricing managers and media managers 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 media manager. Additionally, a pricing manager has an average salary of $109,525, which is higher than the $96,475 average annual salary of a media manager.
The top three skills for a pricing manager include analytics, pricing strategy and strategic pricing. The most important skills for a media manager are digital marketing, kpis, and media planning.
| Pricing Manager | Media Manager | |
| Yearly salary | $109,525 | $96,475 |
| Hourly rate | $52.66 | $46.38 |
| Growth rate | 10% | 10% |
| Number of jobs | 119,997 | 110,888 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 81% |
| 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.
Media managers oversee the department that works on the different communication needs of the company. They execute the communications strategies of the company. They are expected to be updated with the current trends on media platforms. They should also be very familiar with the company and are attuned to the company's brand and image so that they can create relevant communications campaigns. Media managers oversee content creation on different media platforms. They manage the research related to the content they are working on. They develop materials and ensure that these materials are engaging and relatable to the target audience.
Pricing managers and media managers have different pay scales, as shown below.
| Pricing Manager | Media Manager | |
| Average salary | $109,525 | $96,475 |
| Salary range | Between $80,000 And $149,000 | Between $66,000 And $140,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | Arizona | Pennsylvania |
| Best paying company | McKinsey & Company Inc | Meta |
| Best paying industry | Technology | Automotive |
There are a few differences between a pricing manager and a media manager in terms of educational background:
| Pricing Manager | Media Manager | |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 81% |
| Most common major | Business | Communication |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between pricing managers' and media managers' demographics:
| Pricing Manager | Media Manager | |
| Average age | 39 | 39 |
| Gender ratio | Male, 57.8% Female, 42.2% | Male, 51.7% Female, 48.3% |
| 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% |