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The differences between product consultants and retail consultants can be seen in a few details. Each job has different responsibilities and duties. Additionally, a product consultant has an average salary of $93,452, which is higher than the $51,833 average annual salary of a retail consultant.
The top three skills for a product consultant include assists clients, product knowledge and drive sales. The most important skills for a retail consultant are sales floor, retail sales, and account issues.
| Product Consultant | Retail Consultant | |
| Yearly salary | $93,452 | $51,833 |
| Hourly rate | $44.93 | $24.92 |
| Growth rate | - | - |
| Number of jobs | 77,419 | 73,927 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 61% | Bachelor's Degree, 49% |
| Average age | 41 | 41 |
| Years of experience | - | - |
A product consultant is an individual who collaborates with client managers and project managers to analyze client requirements and provide optimal products. Product consultants are required to leverage industry and product knowledge to answer customer inquiries and provide customer consultations. To maintain excellent customer service, product consultants should maintain courtesy and professionalism as well as attentive to product details. They must also train new consultants on product knowledge and communicate sales strategies to the field agents of the company across the region.
A retail consultant specializes in developing and recommending strategies to increase a retail store's profit growth and improve its overall operations. Among their duties include gathering and analyzing data, researching new business and client opportunities, inspecting existing programs and systems to identify areas needing improvement, and implementing solutions against problem areas. They may also provide training or insights to employees, oversee reports, and monitor the progress of all operations. Furthermore, a consultant must promote and enforce the company's policies and regulations, including its vision and mission.
Product consultants and retail consultants have different pay scales, as shown below.
| Product Consultant | Retail Consultant | |
| Average salary | $93,452 | $51,833 |
| Salary range | Between $67,000 And $129,000 | Between $33,000 And $79,000 |
| Highest paying City | San Francisco, CA | New York, NY |
| Highest paying state | California | New Hampshire |
| Best paying company | SAP | |
| Best paying industry | Technology | Professional |
There are a few differences between a product consultant and a retail consultant in terms of educational background:
| Product Consultant | Retail Consultant | |
| Most common degree | Bachelor's Degree, 61% | Bachelor's Degree, 49% |
| Most common major | Business | Business |
| Most common college | - | - |
Here are the differences between product consultants' and retail consultants' demographics:
| Product Consultant | Retail Consultant | |
| Average age | 41 | 41 |
| Gender ratio | Male, 41.8% Female, 58.2% | Male, 54.9% Female, 45.1% |
| Race ratio | Black or African American, 9.3% Unknown, 5.2% Hispanic or Latino, 20.4% Asian, 7.9% White, 56.6% American Indian and Alaska Native, 0.6% | Black or African American, 10.4% Unknown, 5.1% Hispanic or Latino, 22.9% Asian, 6.8% White, 54.4% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 7% | 7% |