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The differences between vice presidents, merchandising and vice presidents can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a vice president, merchandising, becoming a vice president takes usually requires More than 10 years. Additionally, a vice president, merchandising has an average salary of $194,178, which is higher than the $158,637 average annual salary of a vice president.
The top three skills for a vice president, merchandising include apparel, sales growth and gross margin. The most important skills for a vice president are healthcare, oversight, and project management.
| Vice President, Merchandising | Vice President | |
| Yearly salary | $194,178 | $158,637 |
| Hourly rate | $93.35 | $76.27 |
| Growth rate | 6% | 6% |
| Number of jobs | 42,803 | 119,530 |
| Job satisfaction | - | 4 |
| Most common degree | Bachelor's Degree, 82% | Bachelor's Degree, 72% |
| Average age | 44 | 52 |
| Years of experience | 6 | - |
Merchandising is everything that happens from when a product is delivered to a retail store to when a shopper buys it from the shelf. A vice president of merchandising promotes the services and products of their company at events like exhibits, concerts, or retail outlets. They are tasked with creating plans for the introduction and promotion of new products based on customer research. Also, they analyze market trends and observe the behavior of competitors to develop strategies for product promotion.
Vice presidents are usually considered the second-in-command in the organization, depending on the organization structure. They take over when the president is unavailable to fulfill duties. They may also represent the organization in external events and other official functions. They are important members of the boardroom, and their opinions are usually sought after as well. Vice presidents are usually poised to follow the president's footsteps in the organization, especially if the president is nearing retirement. They also make urgent and crucial decisions when the president is not available to do so. Vice presidents must have strong business acumen, decision-making skills, and professionalism.
Vice presidents, merchandising and vice presidents have different pay scales, as shown below.
| Vice President, Merchandising | Vice President | |
| Average salary | $194,178 | $158,637 |
| Salary range | Between $131,000 And $286,000 | Between $107,000 And $235,000 |
| Highest paying City | Seattle, WA | San Francisco, CA |
| Highest paying state | Alaska | New York |
| Best paying company | Altar'd State | Brookfield Properties |
| Best paying industry | Retail | Manufacturing |
There are a few differences between a vice president, merchandising and a vice president in terms of educational background:
| Vice President, Merchandising | Vice President | |
| Most common degree | Bachelor's Degree, 82% | Bachelor's Degree, 72% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between vice presidents, merchandising' and vice presidents' demographics:
| Vice President, Merchandising | Vice President | |
| Average age | 44 | 52 |
| Gender ratio | Male, 65.0% Female, 35.0% | Male, 65.8% Female, 34.2% |
| Race ratio | Black or African American, 6.2% Unknown, 4.3% Hispanic or Latino, 15.4% Asian, 6.4% White, 67.1% American Indian and Alaska Native, 0.5% | Black or African American, 3.7% Unknown, 3.9% Hispanic or Latino, 7.6% Asian, 7.5% White, 76.7% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 10% | 12% |