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The differences between product specialists and product analysts can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a product specialist, becoming a product analyst takes usually requires 2-4 years. Additionally, a product specialist has an average salary of $85,932, which is higher than the $79,316 average annual salary of a product analyst.
The top three skills for a product specialist include customer service, product knowledge and sales floor. The most important skills for a product analyst are tableau, data analysis, and product management.
| Product Specialist | Product Analyst | |
| Yearly salary | $85,932 | $79,316 |
| Hourly rate | $41.31 | $38.13 |
| Growth rate | 19% | 11% |
| Number of jobs | 103,863 | 176,369 |
| Job satisfaction | 5 | - |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 73% |
| Average age | 37 | 44 |
| Years of experience | 6 | 4 |
A product specialist is required to have excellent knowledge about a product and work with a business unit to ensure excellent product delivery. Product specialists perform product demonstrations to customers and other stakeholders and assist in their promotions and product releases. To gain increased revenue, product specialists must be able to identify new market opportunities. They are required to conduct product and sales training for the marketing team. They must also provide reports about their product-related activities to the management.
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.
Product specialists and product analysts have different pay scales, as shown below.
| Product Specialist | Product Analyst | |
| Average salary | $85,932 | $79,316 |
| Salary range | Between $56,000 And $130,000 | Between $56,000 And $111,000 |
| Highest paying City | San Bruno, CA | Seattle, WA |
| Highest paying state | California | Washington |
| Best paying company | ByteDance | Meta |
| Best paying industry | Technology | Technology |
There are a few differences between a product specialist and a product analyst in terms of educational background:
| Product Specialist | Product Analyst | |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 73% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between product specialists' and product analysts' demographics:
| Product Specialist | Product Analyst | |
| Average age | 37 | 44 |
| Gender ratio | Male, 59.8% Female, 40.2% | Male, 53.2% Female, 46.8% |
| Race ratio | Black or African American, 5.2% Unknown, 5.0% Hispanic or Latino, 12.5% Asian, 10.6% White, 66.6% American Indian and Alaska Native, 0.1% | 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% |
| LGBT Percentage | 10% | 12% |