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The differences between product line managers and pricing 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 product line manager and a pricing manager. Additionally, a pricing manager has an average salary of $109,525, which is higher than the $97,237 average annual salary of a product line manager.
The top three skills for a product line manager include product management, customer service and PLM. The most important skills for a pricing manager are analytics, pricing strategy, and strategic pricing.
| Product Line Manager | Pricing Manager | |
| Yearly salary | $97,237 | $109,525 |
| Hourly rate | $46.75 | $52.66 |
| Growth rate | 10% | 10% |
| Number of jobs | 158,908 | 119,997 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 66% |
| Average age | 39 | 39 |
| Years of experience | 10 | 10 |
A product line manager is an individual who provides product and market intelligence by increasing the market share of a company. Product line managers must create competitive analysis and interpret market trends so that they can provide recommendations and guidance to the company. They are required to identify target markets and should come up with strategies for market penetration. Product line managers must also monitor the creation and development of new products as well as to measure the success of the products in the market.
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.
Product line managers and pricing managers have different pay scales, as shown below.
| Product Line Manager | Pricing Manager | |
| Average salary | $97,237 | $109,525 |
| Salary range | Between $52,000 And $178,000 | Between $80,000 And $149,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | California | Arizona |
| Best paying company | ON Semiconductor | McKinsey & Company Inc |
| Best paying industry | Energy | Technology |
There are a few differences between a product line manager and a pricing manager in terms of educational background:
| Product Line Manager | Pricing Manager | |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 66% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between product line managers' and pricing managers' demographics:
| Product Line Manager | Pricing Manager | |
| Average age | 39 | 39 |
| Gender ratio | Male, 78.8% Female, 21.2% | Male, 57.8% Female, 42.2% |
| 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% |