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The differences between strategic 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 strategic analyst and a pricing analyst. Additionally, a strategic analyst has an average salary of $79,476, which is higher than the $64,168 average annual salary of a pricing analyst.
The top three skills for a strategic analyst include data analysis, powerpoint and email marketing. The most important skills for a pricing analyst are pricing strategy, strong analytical, and customer service.
| Strategic Analyst | Pricing Analyst | |
| Yearly salary | $79,476 | $64,168 |
| Hourly rate | $38.21 | $30.85 |
| Growth rate | 19% | 19% |
| Number of jobs | 87,601 | 73,462 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 75% |
| Average age | 37 | 37 |
| Years of experience | 6 | 6 |
Strategy analysts are professionals who lead the consulting sessions of organizations. The analysts do their duties with rate strategy proposals in line with corporate objectives. They manage a business, determine growth areas, and make model analysis for strategy recommendations. It is also their responsibility to utilize data to solve the primary problems of businesses. Also, they provide significant insights to help organizations. They need to develop skills in management, communication, strategic planning, and attention to detail.
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.
Strategic analysts and pricing analysts have different pay scales, as shown below.
| Strategic Analyst | Pricing Analyst | |
| Average salary | $79,476 | $64,168 |
| Salary range | Between $56,000 And $112,000 | Between $46,000 And $89,000 |
| Highest paying City | Redmond, WA | Seattle, WA |
| Highest paying state | Washington | Washington |
| Best paying company | Credit Karma | Apple |
| Best paying industry | Retail | Finance |
There are a few differences between a strategic analyst and a pricing analyst in terms of educational background:
| Strategic Analyst | Pricing Analyst | |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 75% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Pennsylvania |
Here are the differences between strategic analysts' and pricing analysts' demographics:
| Strategic Analyst | Pricing Analyst | |
| Average age | 37 | 37 |
| Gender ratio | Male, 56.3% Female, 43.7% | Male, 53.3% Female, 46.7% |
| 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, 12.0% Asian, 13.0% White, 64.9% American Indian and Alaska Native, 0.1% |
| LGBT Percentage | 10% | 10% |