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The differences between product analysts and production analysts can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become a product analyst, becoming a production analyst takes usually requires 4-6 years. Additionally, a product analyst has an average salary of $79,316, which is higher than the $65,302 average annual salary of a production analyst.
The top three skills for a product analyst include tableau, data analysis and product management. The most important skills for a production analyst are data entry, financial analysis, and windows.
| Product Analyst | Production Analyst | |
| Yearly salary | $79,316 | $65,302 |
| Hourly rate | $38.13 | $31.40 |
| Growth rate | 11% | 19% |
| Number of jobs | 176,369 | 75,978 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 65% |
| Average age | 44 | 37 |
| Years of experience | 4 | 6 |
A product analyst job utilizes data analysis software and notates trends in market research. Primarily, analysts project the costs of product development and marketing. They think of the possibilities for profit and sales and monitor the performance of products on the market to come up with a better product. Their responsibilities include company product evaluation, product understanding, and product rating reviews. Familiarity with Microsoft Office Suite, strong communication skills, and proficiency in database software is necessary for this job.
Production Analysts help manage the production flow of a company's goods or data. They are responsible for optimizing labor cost, volume, and efficiency of production, ensuring quality assurance, correcting equipment failure and hardware problem as well as monitoring production process proactively improving from slowdowns or bottlenecks. They also coordinate employee training or retraining on software or controls to improve efficiency. Production Analysts work with other teams to estimate production runs within the manufacturing or data process. They create production reports for customers and management.
Product analysts and production analysts have different pay scales, as shown below.
| Product Analyst | Production Analyst | |
| Average salary | $79,316 | $65,302 |
| Salary range | Between $56,000 And $111,000 | Between $46,000 And $90,000 |
| Highest paying City | Seattle, WA | Seattle, WA |
| Highest paying state | Washington | Washington |
| Best paying company | Meta | Apple |
| Best paying industry | Technology | Finance |
There are a few differences between a product analyst and a production analyst in terms of educational background:
| Product Analyst | Production Analyst | |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 65% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between product analysts' and production analysts' demographics:
| Product Analyst | Production Analyst | |
| Average age | 44 | 37 |
| Gender ratio | Male, 53.2% Female, 46.8% | Male, 57.2% Female, 42.8% |
| Race ratio | Black or African American, 7.6% Unknown, 4.5% Hispanic or Latino, 8.5% Asian, 14.6% White, 64.6% American Indian and Alaska Native, 0.2% | Black or African American, 5.2% Unknown, 5.0% Hispanic or Latino, 12.4% Asian, 11.0% White, 66.3% American Indian and Alaska Native, 0.1% |
| LGBT Percentage | 12% | 10% |