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Retail product manager vs pricing manager

The differences between retail product 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 retail product manager and a pricing manager. Additionally, a pricing manager has an average salary of $109,525, which is higher than the $82,334 average annual salary of a retail product manager.

The top three skills for a retail product manager include digital marketing, product management and powerpoint. The most important skills for a pricing manager are analytics, pricing strategy, and strategic pricing.

Retail product manager vs pricing manager overview

Retail Product ManagerPricing Manager
Yearly salary$82,334$109,525
Hourly rate$39.58$52.66
Growth rate10%10%
Number of jobs190,770119,997
Job satisfaction--
Most common degreeBachelor's Degree, 68%Bachelor's Degree, 66%
Average age3939
Years of experience1010

Retail product manager vs pricing manager salary

Retail product managers and pricing managers have different pay scales, as shown below.

Retail Product ManagerPricing Manager
Average salary$82,334$109,525
Salary rangeBetween $48,000 And $139,000Between $80,000 And $149,000
Highest paying CitySan Francisco, CASan Francisco, CA
Highest paying stateCaliforniaArizona
Best paying companyAppleMcKinsey & Company Inc
Best paying industryRetailTechnology

Differences between retail product manager and pricing manager education

There are a few differences between a retail product manager and a pricing manager in terms of educational background:

Retail Product ManagerPricing Manager
Most common degreeBachelor's Degree, 68%Bachelor's Degree, 66%
Most common majorBusinessBusiness
Most common collegeUniversity of GeorgiaUniversity of Georgia

Retail product manager vs pricing manager demographics

Here are the differences between retail product managers' and pricing managers' demographics:

Retail Product ManagerPricing Manager
Average age3939
Gender ratioMale, 49.6% Female, 50.4%Male, 57.8% Female, 42.2%
Race ratioBlack 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 Percentage10%10%

Differences between retail product manager and pricing manager duties and responsibilities

Retail product manager example responsibilities.

  • Hire and task several industry experts to define customer requirements; manage collection and prioritization of customer requirements and overall VOC.
  • Lead cross-functional team in pioneering the application/game download ecosystem with the implementation of Java games and generating significant new revenue stream.
  • Develop and implement PowerPoint and Webinar sales training for all products.
  • Utilize SQL to support data-driven analysis and decision processes to inform project prioritization, assess feature effectiveness, and troubleshoot issues.
  • Coordinate with the QA team to develop test plans.
  • Hire and task several industry experts to define customer requirements; manage collection and prioritization of customer requirements and overall VOC.

Pricing manager example responsibilities.

  • Create RFQ for large orders, manage wholesale dealer price lists, and constantly negotiate better pricing on goods.
  • Manage operational compliance with terms and conditions to include the creation and management of SLA's and KPI's.
  • Manage personnel for all procurement relate activities in support of these commodities (measure by a prescribe set of metrics).
  • Manage the development of strategic initiatives from concept to execution including the store format portfolio, international partnership and OmniChannel opportunities.
  • Prepare and develop complete cost proposals in accordance with specify RFP requirements and the established corporate estimating system.
  • Write ad hoc SQL queries as needed.
  • Show more

Retail product manager vs pricing manager skills

Common retail product manager skills
  • Digital Marketing, 25%
  • Product Management, 14%
  • PowerPoint, 12%
  • Product Development, 7%
  • Product Lifecycle, 5%
  • POS, 4%
Common pricing manager skills
  • Analytics, 15%
  • Pricing Strategy, 11%
  • Strategic Pricing, 5%
  • Customer Service, 5%
  • Strong Analytical, 5%
  • SQL, 4%

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