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The differences between research analysts and analyst sales can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a research analyst and an analyst sales. Additionally, a research analyst has an average salary of $70,232, which is higher than the $69,093 average annual salary of an analyst sales.
The top three skills for a research analyst include data analysis, data collection and research projects. The most important skills for an analyst sales are salesforce, customer service, and data analysis.
| Research Analyst | Analyst Sales | |
| Yearly salary | $70,232 | $69,093 |
| Hourly rate | $33.77 | $33.22 |
| Growth rate | 19% | 19% |
| Number of jobs | 81,374 | 77,023 |
| Job satisfaction | 4.5 | - |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 77% |
| Average age | 37 | 37 |
| Years of experience | 6 | 6 |
A research analyst is responsible for providing a company with insights and advice concerning finance, investments, and expenditures. Utilizing their analytical skills and extensive expertise in marketing, they analyze the trends and significant factors to conclude which decision should be the best to make. They can also take part in conducting an in-depth analysis of a business and examine which areas require improvement or has potential. Furthermore, they may work with a company or independently as a freelance analyst.
Analyst sales, or a sales analyst, is an individual who is responsible for increasing sales and revenue of a company by running competitive analysis and making recommendations on how the marketing and sales team should move forward. Sales analysts must assist in the review of monthly financial statements and prepare complex financial statements for retail and service businesses. They develop and provide market intelligence data solutions for the sales team to maximize territory sales efforts. Sales analysts must also maintain a business relationship with key account top management to deliver outstanding customer service and assistance.
Research analysts and analyst sales have different pay scales, as shown below.
| Research Analyst | Analyst Sales | |
| Average salary | $70,232 | $69,093 |
| Salary range | Between $45,000 And $107,000 | Between $47,000 And $99,000 |
| Highest paying City | Seattle, WA | Seattle, WA |
| Highest paying state | Washington | Washington |
| Best paying company | The Citadel | |
| Best paying industry | Finance | Finance |
There are a few differences between a research analyst and an analyst sales in terms of educational background:
| Research Analyst | Analyst Sales | |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 77% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between research analysts' and analyst sales' demographics:
| Research Analyst | Analyst Sales | |
| Average age | 37 | 37 |
| Gender ratio | Male, 50.8% Female, 49.2% | Male, 51.0% Female, 49.0% |
| Race ratio | Black or African American, 4.7% Unknown, 4.9% Hispanic or Latino, 11.3% Asian, 14.3% White, 64.7% American Indian and Alaska Native, 0.1% | Black or African American, 5.0% Unknown, 5.0% Hispanic or Latino, 11.9% Asian, 13.0% White, 65.1% American Indian and Alaska Native, 0.1% |
| LGBT Percentage | 10% | 10% |