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The differences between service providers and vendors can be seen in a few details. Each job has different responsibilities and duties. Additionally, a vendor has an average salary of $52,533, which is higher than the $35,089 average annual salary of a service provider.
The top three skills for a service provider include customer service, cleanliness and social work. The most important skills for a vendor are product knowledge, customer service, and stock merchandise.
| Service Provider | Vendor | |
| Yearly salary | $35,089 | $52,533 |
| Hourly rate | $16.87 | $25.26 |
| Growth rate | 12% | - |
| Number of jobs | 25,552 | 5,341 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 53% | Bachelor's Degree, 35% |
| Average age | 43 | 45 |
| Years of experience | 12 | - |
Service providers are individuals or entities offering services to an organization and other parties. They provide storage, processing, or network services. The providers offer organizations real estate, communications, education, legal, and consulting services. It is their job to complete the requested tasks of their clients, provide solutions to network problems, and recommend options based on the needs of their clients. They also suggest changes or opportunities necessary within the organization.
A vendor's role is to sell goods and services to individuals, business entities, and stores. It is their responsibility to maintain the supply flow of products, coordinate with business partners, and maintain positive relationships with customers to strengthen the client base. As a vendor, it is vital to ensure that the products adhere to quality standards, monitor inventory, and implement deliveries to various stores. There are also instances where a vendor must advertise products on different platforms to improve brand awareness and boost sales.
Service providers and vendors have different pay scales, as shown below.
| Service Provider | Vendor | |
| Average salary | $35,089 | $52,533 |
| Salary range | Between $23,000 And $51,000 | Between $32,000 And $84,000 |
| Highest paying City | San Francisco, CA | New York, NY |
| Highest paying state | Hawaii | New York |
| Best paying company | Meta | DoorDash |
| Best paying industry | Insurance | Manufacturing |
There are a few differences between a service provider and a vendor in terms of educational background:
| Service Provider | Vendor | |
| Most common degree | Bachelor's Degree, 53% | Bachelor's Degree, 35% |
| Most common major | Psychology | Business |
| Most common college | SUNY at Binghamton | - |
Here are the differences between service providers' and vendors' demographics:
| Service Provider | Vendor | |
| Average age | 43 | 45 |
| Gender ratio | Male, 39.3% Female, 60.7% | Male, 55.4% Female, 44.6% |
| Race ratio | Black or African American, 11.9% Unknown, 4.8% Hispanic or Latino, 18.5% Asian, 7.1% White, 56.0% American Indian and Alaska Native, 1.7% | Black or African American, 9.1% Unknown, 6.3% Hispanic or Latino, 21.1% Asian, 5.9% White, 56.9% American Indian and Alaska Native, 0.7% |
| LGBT Percentage | 11% | 8% |