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The differences between talent buyers and purchasing buyers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a talent buyer and a purchasing buyer. Additionally, a talent buyer has an average salary of $63,807, which is higher than the $47,471 average annual salary of a purchasing buyer.
The top three skills for a talent buyer include booking, ticket sales and production coordination. The most important skills for a purchasing buyer are purchase orders, logistics, and cost savings.
| Talent Buyer | Purchasing Buyer | |
| Yearly salary | $63,807 | $47,471 |
| Hourly rate | $30.68 | $22.82 |
| Growth rate | - | - |
| Number of jobs | 21,472 | 21,158 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 79% | Bachelor's Degree, 55% |
| Average age | 48 | 48 |
| Years of experience | 6 | 6 |
One must consider a talent buyer as somebody who has full potential, vibes, perseverance, and enthusiasm to do something. To be a talent buyer, aptitude is not the ultimate thing; you must be practical in many facets.
In a retail setting, a purchasing buyer is primarily responsible for devising strategies for procuring supplies, ensuring that it aligns with the company's needs and standards. They are also responsible for conducting thorough marketing research and analysis, coordinating with different departments to gather and process documentation, liaising and negotiating with vendors and suppliers, and keeping track of all purchasing orders to ensure accuracy and timeliness. Furthermore, as a purchasing buyer, it is essential to maintain records of all transactions and submit regular reports to supervisors.
Talent buyers and purchasing buyers have different pay scales, as shown below.
| Talent Buyer | Purchasing Buyer | |
| Average salary | $63,807 | $47,471 |
| Salary range | Between $41,000 And $99,000 | Between $35,000 And $62,000 |
| Highest paying City | - | Goleta, CA |
| Highest paying state | - | California |
| Best paying company | - | Aramco Services Company |
| Best paying industry | - | Automotive |
There are a few differences between a talent buyer and a purchasing buyer in terms of educational background:
| Talent Buyer | Purchasing Buyer | |
| Most common degree | Bachelor's Degree, 79% | Bachelor's Degree, 55% |
| Most common major | Music | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between talent buyers' and purchasing buyers' demographics:
| Talent Buyer | Purchasing Buyer | |
| Average age | 48 | 48 |
| Gender ratio | Male, 67.7% Female, 32.3% | Male, 41.9% Female, 58.1% |
| Race ratio | Black or African American, 9.5% Unknown, 4.4% Hispanic or Latino, 12.9% Asian, 6.3% White, 66.1% American Indian and Alaska Native, 0.8% | Black or African American, 9.0% Unknown, 4.4% Hispanic or Latino, 12.4% Asian, 7.8% White, 65.7% American Indian and Alaska Native, 0.8% |
| LGBT Percentage | 7% | 7% |