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The differences between strategic planning analysts and pricing analysts can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become a strategic planning analyst, becoming a pricing analyst takes usually requires 4-6 years. Additionally, a strategic planning analyst has an average salary of $77,834, which is higher than the $64,168 average annual salary of a pricing analyst.
The top three skills for a strategic planning analyst include powerpoint, data analysis and market research. The most important skills for a pricing analyst are pricing strategy, strong analytical, and customer service.
| Strategic Planning Analyst | Pricing Analyst | |
| Yearly salary | $77,834 | $64,168 |
| Hourly rate | $37.42 | $30.85 |
| Growth rate | 11% | 19% |
| Number of jobs | 58,606 | 73,462 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 75% |
| Average age | 44 | 37 |
| Years of experience | 4 | 6 |
A strategic planning analyst specializes in developing strategies to help businesses deal with organizational issues and reach their short and long-term goals. Among their responsibilities include understanding the company's needs and goals, performing extensive research and analysis to identify client and business opportunities, setting up guidelines and timelines, gathering and analyzing data to identify the strengths and weaknesses of current operations, and developing analytical models and forecasts. Moreover, a strategic planning analyst must recommend solutions while adhering to the company's policies and regulations.
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 planning analysts and pricing analysts have different pay scales, as shown below.
| Strategic Planning Analyst | Pricing Analyst | |
| Average salary | $77,834 | $64,168 |
| Salary range | Between $54,000 And $110,000 | Between $46,000 And $89,000 |
| Highest paying City | Arlington, VA | Seattle, WA |
| Highest paying state | Virginia | Washington |
| Best paying company | Meta | Apple |
| Best paying industry | Hospitality | Finance |
There are a few differences between a strategic planning analyst and a pricing analyst in terms of educational background:
| Strategic Planning Analyst | Pricing Analyst | |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 75% |
| Most common major | Business | Business |
| Most common college | Northwestern University | University of Pennsylvania |
Here are the differences between strategic planning analysts' and pricing analysts' demographics:
| Strategic Planning Analyst | Pricing Analyst | |
| Average age | 44 | 37 |
| Gender ratio | Male, 55.5% Female, 44.5% | Male, 53.3% Female, 46.7% |
| Race ratio | Black or African American, 7.4% Unknown, 4.4% Hispanic or Latino, 8.4% Asian, 14.2% White, 65.4% American Indian and Alaska Native, 0.2% | 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 | 12% | 10% |