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Vendor vs partner

The differences between vendors and partners can be seen in a few details. Each job has different responsibilities and duties. Additionally, a partner has an average salary of $76,119, which is higher than the $52,533 average annual salary of a vendor.

The top three skills for a vendor include product knowledge, customer service and stock merchandise. The most important skills for a partner are patients, customer service, and healthcare.

Vendor vs partner overview

VendorPartner
Yearly salary$52,533$76,119
Hourly rate$25.26$36.60
Growth rate-10%
Number of jobs5,34145,758
Job satisfaction-1
Most common degreeBachelor's Degree, 35%Bachelor's Degree, 59%
Average age4539
Years of experience-10

What does a vendor do?

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.

What does a partner do?

A business partner is responsible for providing strategies and recommendations on how the business will operate, increasing its revenues while sharing profits. Business partners must have extensive knowledge of how the current market industry works to identify the best decisions for the business. A business partner should also be engaged in suggesting new services and offers that the company might consider for its clients. Business partners must also keep the confidentiality of their partnering business administration at all times.

Vendor vs partner salary

Vendors and partners have different pay scales, as shown below.

VendorPartner
Average salary$52,533$76,119
Salary rangeBetween $32,000 And $84,000Between $31,000 And $182,000
Highest paying CityNew York, NYNew York, NY
Highest paying stateNew YorkNew York
Best paying companyDoorDashSidley Austin
Best paying industryManufacturing-

Differences between vendor and partner education

There are a few differences between a vendor and a partner in terms of educational background:

VendorPartner
Most common degreeBachelor's Degree, 35%Bachelor's Degree, 59%
Most common majorBusinessBusiness
Most common college-University of Georgia

Vendor vs partner demographics

Here are the differences between vendors' and partners' demographics:

VendorPartner
Average age4539
Gender ratioMale, 55.4% Female, 44.6%Male, 62.3% Female, 37.7%
Race ratioBlack 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%Black or African American, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2%
LGBT Percentage8%10%

Differences between vendor and partner duties and responsibilities

Vendor example responsibilities.

  • Attain prime floor display space and provide point of sale (POS) signage.
  • Handle various tasks from cashier, managing supply and back-stock, responsible for ordering merchandise for cereal department.
  • Work directly with local and national retailers to negotiate sales, places orders, and manage deliveries of wine and spirits.
  • Operate hand-held and truck mount RF scanning guns.
  • Stock home depot trees and keep it looking organize.
  • Have also work in the depot loading bread and cake trucks overnight
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Partner example responsibilities.

  • Negotiate interim management agreement for LLC on behalf of managing member in dispute with several other members who invest in company.
  • Operate and manage a boutique technology and business consultancy with nationwide operating breadth.
  • Practice all aspects of intellectual property law and manage this boutique intellectual property law practice.
  • Accomplish matrimonial and defense litigation interrogatory consolidation, memos, motions and other court filings for senior partner.
  • Manage cost-centers and leverage unique Indian production and post- production capabilities and position the company as a prefer production partner.
  • Design and deploy advanced lightweight information technology solutions, including POS, inventory management, and production-base systems.
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Vendor vs partner skills

Common vendor skills
  • Product Knowledge, 26%
  • Customer Service, 26%
  • Stock Merchandise, 9%
  • Purchase Orders, 5%
  • End Caps, 5%
  • Excellent Guest, 5%
Common partner skills
  • Patients, 16%
  • Customer Service, 14%
  • Healthcare, 8%
  • Patient Care, 7%
  • Project Management, 5%
  • Catheter, 5%