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The differences between senior product analysts and pricing analysts can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a senior product analyst and a pricing analyst. Additionally, a senior product analyst has an average salary of $95,351, which is higher than the $64,168 average annual salary of a pricing analyst.
The top three skills for a senior product analyst include SQL, tableau and project management. The most important skills for a pricing analyst are pricing strategy, strong analytical, and customer service.
| Senior Product Analyst | Pricing Analyst | |
| Yearly salary | $95,351 | $64,168 |
| Hourly rate | $45.84 | $30.85 |
| Growth rate | 19% | 19% |
| Number of jobs | 163,508 | 73,462 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 75% |
| Average age | 37 | 37 |
| Years of experience | 6 | 6 |
The senior product analyst is the one responsible for product assessment and monitoring its performance in the market. The product analyst's job is to get all the relevant data to enhance existing products and use such information to develop new products. The senior product analyst collaborates and coordinates with other product teams in the company, including the marketing department. The product analyst's primary goal is perfecting the product through continuous improvements made by data analysis from various sources of feedback.
Pricing analysts are responsible for examining competitors' pricing strategies and industry standards to aid businesses in determining and setting competitive pricing. These professionals study consumer habits and behavior to gauge their willingness to pay for products and examine consumer spending. They conduct impact and mathematical analyses, and large-scale research to come up with their conclusions. Other duties and responsibilities include developing revenue forecasts and statistical models, monitoring industry trends, and developing pricing tools that can quickly respond to the rapidly changing market trends and needs.
Senior product analysts and pricing analysts have different pay scales, as shown below.
| Senior Product Analyst | Pricing Analyst | |
| Average salary | $95,351 | $64,168 |
| Salary range | Between $70,000 And $128,000 | Between $46,000 And $89,000 |
| Highest paying City | San Francisco, CA | Seattle, WA |
| Highest paying state | California | Washington |
| Best paying company | Credit Karma | Apple |
| Best paying industry | Technology | Finance |
There are a few differences between a senior product analyst and a pricing analyst in terms of educational background:
| Senior Product Analyst | Pricing Analyst | |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 75% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Pennsylvania |
Here are the differences between senior product analysts' and pricing analysts' demographics:
| Senior Product Analyst | Pricing Analyst | |
| Average age | 37 | 37 |
| Gender ratio | Male, 53.6% Female, 46.4% | Male, 53.3% Female, 46.7% |
| Race ratio | Black or African American, 4.8% Unknown, 4.9% Hispanic or Latino, 11.3% Asian, 14.3% White, 64.6% American Indian and Alaska Native, 0.1% | Black or African American, 5.0% Unknown, 5.0% Hispanic or Latino, 12.0% Asian, 13.0% White, 64.9% American Indian and Alaska Native, 0.1% |
| LGBT Percentage | 10% | 10% |