What Does a Pricing Manager Do?

We looked at the average pricing manager annual salary and compared it with the average of a manager, strategy. Generally speaking, managers, strategy receive $306 higher pay than pricing managers per year.

While their salaries may differ, one common ground between pricing managers and managers, strategy are a few of the skills required in each craft. In both careers, employees bring forth skills like pricing strategy, customer service, and visualization.

As far as similarities go, this is where it ends because a pricing manager responsibility requires skills such as "analytics," "strategic pricing," "strong analytical," and "transfer pricing." Whereas a manager, strategy is skilled in "project management," "portfolio," "digital marketing," and "business strategy." So if you're looking for what truly separates the two careers, you've found it.

Managers, strategy receive the highest salaries in the technology industry coming in with an average yearly salary of $116,769. But pricing managers are paid more in the technology industry with an average salary of $110,227.

Managers, strategy tend to reach higher levels of education than pricing managers. In fact, managers, strategy are 12.5% more likely to graduate with a Master's Degree and 0.9% more likely to have a Doctoral Degree.

The next role we're going to look at is the business development manager profession. Typically, this position earns a lower pay. In fact, they earn a $8,756 lower salary than pricing managers per year.

Not everything about these jobs is different. Take their skills, for example. Pricing managers and business development managers both include similar skills like "pricing strategy," "customer service," and "strong analytical" on their resumes.

But both careers also use different skills, according to real pricing manager resumes. While pricing manager responsibilities can utilize skills like "analytics," "strategic pricing," "visualization," and "sql," some business development managers use skills like "crm," "healthcare," "business relationships," and "customer relationships."

On average, business development managers earn a lower salary than pricing managers. There are industries that support higher salaries in each profession respectively. Interestingly enough, business development managers earn the most pay in the finance industry with an average salary of $103,515. Whereas, pricing managers have higher paychecks in the technology industry where they earn an average of $110,227.

When it comes to the differences in education between the two professions, business development managers tend to reach similar levels of education than pricing managers. In fact, they're 3.7% less likely to graduate with a Master's Degree and 0.9% more likely to earn a Doctoral Degree.

The third profession we take a look at is associate product manager. On an average scale, these workers bring in lower salaries than pricing managers. In fact, they make a $19,562 lower salary per year.

While looking through the resumes of several pricing managers and associate product managers we discovered that both professions have similar skills. These similarities include skills such as "pricing strategy," "customer service," and "strong analytical," but they differ when it comes to other required skills.

As mentioned, these two careers differ between other skills that are required for performing the work exceedingly well. For example, gathering from pricing managers resumes, they are more likely to have skills like "analytics," "strategic pricing," "visualization," and "sql." But a associate product manager might have skills like "project management," "user stories," "powerpoint," and "product development."

Interestingly enough, associate product managers earn the most pay in the start-up industry, where they command an average salary of $91,911. As mentioned previously, pricing managers highest annual salary comes from the technology industry with an average salary of $110,227.

Associate product managers are known to earn similar educational levels when compared to pricing managers. Additionally, they're 3.5% less likely to graduate with a Master's Degree, and 0.1% less likely to earn a Doctoral Degree.

Now, we'll look at assistant product managers, who generally average a lower pay when compared to pricing managers annual salary. In fact, the difference is about $41,761 per year.

While both pricing managers and assistant product managers complete day-to-day tasks using similar skills like pricing strategy, product management, and competitive analysis, the two careers also vary in other skills.

Each job requires different skills like "analytics," "strategic pricing," "customer service," and "strong analytical," which might show up on a pricing manager resume. Whereas assistant product manager might include skills like "product development," "powerpoint," "overseas vendors," and "trade shows."

In general, assistant product managers make a higher salary in the automotive industry with an average of $61,842. The highest pricing manager annual salary stems from the technology industry.

Assistant product managers reach similar levels of education when compared to pricing managers. The difference is that they're 4.3% more likely to earn a Master's Degree less, and 0.1% less likely to graduate with a Doctoral Degree.