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The differences between senior category 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 senior category manager and a pricing manager. Additionally, a senior category manager has an average salary of $116,590, which is higher than the $109,525 average annual salary of a pricing manager.
The top three skills for a senior category manager include category strategy, project management and strategic sourcing. The most important skills for a pricing manager are analytics, pricing strategy, and strategic pricing.
| Senior Category Manager | Pricing Manager | |
| Yearly salary | $116,590 | $109,525 |
| Hourly rate | $56.05 | $52.66 |
| Growth rate | 10% | 10% |
| Number of jobs | 66,599 | 119,997 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 66% |
| Average age | 39 | 39 |
| Years of experience | 10 | 10 |
In a retail setting, a senior category manager is in charge of devising strategies to market different product categories. Their responsibilities revolve around coordinating with other departments to gather necessary data, performing market research and analysis to find new business opportunities, identifying the needs of consumers, and keeping abreast of the latest trends. Furthermore, as a senior category manager, it is essential to lead and serve as a mentor to junior category managers, all while implementing the company's policies and regulations.
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.
Senior category managers and pricing managers have different pay scales, as shown below.
| Senior Category Manager | Pricing Manager | |
| Average salary | $116,590 | $109,525 |
| Salary range | Between $83,000 And $162,000 | Between $80,000 And $149,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | Rhode Island | Arizona |
| Best paying company | Devon Energy | McKinsey & Company Inc |
| Best paying industry | Technology | Technology |
There are a few differences between a senior category manager and a pricing manager in terms of educational background:
| Senior Category Manager | Pricing Manager | |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 66% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between senior category managers' and pricing managers' demographics:
| Senior Category Manager | Pricing Manager | |
| Average age | 39 | 39 |
| Gender ratio | Male, 69.6% Female, 30.4% | 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% |