Searching for the best paying jobs in consumer durables? The consumer durables sector has expanded dramatically in recent years, especially in Asia, Africa, and the Middle East.
More than 90% of the increase in global consumption is attributable to emerging markets like China and India, which have recently experienced double-digit growth rates.
According to the United States Bureau of Labor Statistics, consumer durables are goods intended to last at least three years and have initial and ongoing consumer purchase spending.
Also, there are numerous options to obtain a high-paying career in the consumer durables sector, as the median annual wage of workers in this industry in May 2016 was $85,370.
This article will disclose the 20 best-paying jobs in the consumer durables industry.
Why Choose a Career in Consumer Durables?
For those with the necessary training and expertise, a career in consumer durables can be highly rewarding. For example, someone with engineering experience will undoubtedly find high-paying jobs in the industry.
In the consumer durables industry, solving client problems is a significant component of many employees.
You’ll get to use your critical thinking abilities to create goods and procedures that improve people’s lives, whether how to bake their cookies more evenly or send their kids to school safely.
Also, top international brands are prevalent in the consumer durables industry. Even though some people don’t like working for these companies, these positions frequently offer excellent benefits and prospects for advancement within the same organization.
For instance, Health insurance, a free gym, and stock-based remuneration are all provided to Apple employees.
Although the consumer durables sector fluctuates like all others, individuals generally will always need a new refrigerator or dishwasher. This implies the industry is somewhat stable and will always guarantee job opportunities.
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What are the Different Types of Consumer Durables Jobs?- Best Paying Jobs in Consumer Durables
In July 2022, the durable consumer industry witnessed an increase in its employment rate, amounting to over three million employees in various fields.
If you’re searching for jobs in the durable consumer industry, it will be helpful to identify the types of consumer durable jobs made available.
Some of the different types of consumer durable jobs include:
- Marketing Manager
- Product Designer
- Finance Manager
- Data Scientist
- Manufacturing Engineer
- Quality Control Inspector
- Human Resource Manager
- Industrial Designer
- Production Line Operations Supervisor
- Strategy Consultant
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The Benefits of a Career in Consumer Durables
If you are considering pursuing a career in the consumer durable industry, you should evaluate the following benefits of working in the industry.
Availability of several career opportunities
Having numerous possibilities and opportunities within a job path is one of its most significant benefits. The consumer durables sector has this characteristic in that it is diverse and offers a wide range of employment opportunities.
Consumer durables are frequently utilized and beloved by many individuals, making this career attractive for anyone looking to work in the sector.
Nobody enjoys receiving less money than they earn. Therefore, before choosing a job, one must consider the wage. The consumer durables sector is renowned for paying its workers high wages and salaries.
Flexibility in the Working Hours
Being an employee or worker in the consumer durables industry has additional advantages. As a result of the flexible nature of the working hours, you will, as a worker, have ample time for yourself. Additionally, flexible work schedules are pretty beneficial to the business itself.
How Many Jobs are available in the Consumer Durables Field?
The Consumer Durable industry is very lucrative as it has various jobs you can apply for. Statistics show that the consumer durable field is a $2 trillion industry that employs around 3 million people.
Since there is no specified number of jobs in the consumer durable industry, here are some of the highly sought-after jobs for entry-level and advanced positions.
- Automotive Sales Manager
- Robotics Engineer
- Sales Representative
- CNC Machine operator
- Tool and Die Maker
- Fashion Forecaster
- Interior Designer
- Manufacturing Engineer
- Automotive Engineer
- Product Brand Manager
- Automotive Sales Manager
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20 Best Paying Jobs in Consumer Durables
Jobs in the consumer durable industry often involve installing and maintaining home appliances, including stoves, dishwashers, and microwaves.
The places where these duties can be carried out include, but are not limited to, conventional workplaces, warehouses, building sites, and even private homes.
It’s time to start looking for a job if you’ve decided to pursue a career in the consumer durable field.
Here are the 20 best-paying consumer durable jobs in 2023 listed below for your convenience:
1. Sales Manager
One of the best paying jobs in consumer durables industry is a Sales Manager position.
A Sales manager’s primary focus is customer satisfaction with a product purchased from the company. They invest a lot of time organizing their teams and giving presentations to potential customers.
The annual salary for a sales manager typically ranges from $49,000 to $122,000. A bachelor’s degree in business administration or marketing is generally required for this position.
Among the fundamental competencies, they must possess leadership, communication, computing, problem-solving, and analytical skills.
2. Finance Manager
A Finance Manager is responsible for distributing the financial resources of a company. The task of the finance manager usually involves budget planning and extension of support to the executive management team by giving insights and financial advice that will allow them to arrive at the best financial decisions for the company.
Also, the finance manager produces financial reports related to budgets, account payables, account receivables, and expenses and develops long-term business plans.
The average salary of a finance manager is $131,710 per year.
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3. Robotics Engineer
With technological advancement, Robotics Engineers are in high demand in the consumer durables industry as attempts are made to automate some manufacturing operations.
Robotics engineers have an average salary of between $89,000 – $100,000 per year. Also, they enjoy certain benefits such as health insurance, retirement savings schemes, and bonuses.
Some of the basic skills a robotics engineer should have include
- Proficiency in CAD/CAM software
- Knowledge of statistical quality control, efficiency, and productivity optimization
- Intermediate to advanced coding skills using a scripting language
- Analytical thinking and ability to solve problems in stipulated time
This is one of the best paying jobs in consumer durables.
4. Mechanical Engineer
Mechanical Engineers have a huge role in the durable consumer industry as they design, develop, manufacture and test robotic systems used for production processes.
This position requires excellent analytical, problem-solving, communication, and math skills for success in this field.
The average salary of a mechanical engineer is $72,000 per year.
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5. Electronics Technician
This is one of the most lucrative positions available in consumer durables. Electronic Technicians are responsible for designing, developing, testing, and improving the electronic components and systems in this role.
In addition, they ensure that these systems and components meet customer requirements.
To be successful in this field, you must have a comprehensive knowledge of electrical engineering basics. Also, advanced certification is an added advantage.
An electronic technician makes an average of $101,000 annually. This is one of the high paying jobs in consumer durables.
6. Fashion Forecasters
Have you ever wondered how coordinated runways and other fashion trends are?
Fashion forecasters or predictions are responsible for projecting and launching future fashion trends within the fashion business.
They study current fashion trends, predict the colors, fabrics, and accessories, evaluate client behavior, and investigate fashion history to accomplish upcoming trends.
Fashion forecaster salaries are among the highest in the industry, even for entry-level. They earn within the range of $50,000-$100,000.
Also, salary rates are higher than usual if they work for an independent firm, as such firms can charge $150,000 or more for a single project.
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7. Product Brand Manager
Product brand managers are responsible for all facets of a product’s life sequence. They set business objectives and work closely with designers, developers, and marketers to ensure that the product meets the consumer’s needs.
To become a Product Brand Manager, you need to be familiar with marketing and have specialized knowledge of business economics and communication.
Depending on their level of experience and education, product brand managers earn a median annual salary of $101,000. This is one of the best paying jobs in consumer durables.
8. Computer Engineers
The work of a computer engineer usually involves designing and creating computer hardware and software. They are responsible for identifying and resolving technical computer issues.
To excel in the consumer durables industry, computer engineers must be adept at problem-solving and analysis.
The average salary of a computer engineer is $97,000 per year.
9. Quality Assurance Engineer
This is one of the best paying consumer durables jobs. A quality assurance engineer must ensure that all the company’s products meet market standards.
Quality Assurance Engineers also create and implement quality control strategies, conduct audits, and settle customer complaints.
To be eligible for such a position, you must possess a bachelor’s degree in architecture or any close-related discipline.
The average salary for a Quality Assurance Engineer is around $86,000 per year.
10. Human Relations Manager
Every company needs a human resource manager, and that’s why the position is in high demand. A human relations manager coordinates and directs the administrative functions of an establishment.
The work of a human relations manager also involves carrying out the recruiting, interview, and hiring process of a new employee. Most importantly, they serve as a link between the management and its employees.
Human relations managers typically need a bachelor’s degree in human resources or a related field, such as business management or finance.
The average salary of a human relations manager is $107,942 per year.
11. Product Designers
Every company has unique merchandise designed and improved by product designers.
The product designers work with the brand manager to produce trendy designs that meet and exceed market standards. They earn an average of $81,456 per year. This is one of the high paying jobs in consumer durables.
12. Sales Representatives
This is one of the most sought-after positions in the durable consumer industry. A sales representative markets and sells a company’s product directly to retailers or the final consumer.
This is one of the entry-level positions that do not require advanced certification. All that is needed is basic product knowledge, marketing, communication, and negotiation skills.
Sales representatives earn an average of $72,115 per year.
13. Social Media Manager
For a larger audience and more purchases, there is a need for a social media manager who will be in charge of advertising the company’s brand on all media outlets.
The social media manager engages in major social trends to ensure the company’s product has a good media presence.
The essential skills needed are creativity, communication, and digital marketing skills. The average salary ranges from $80,000 to $100,000.
14. Industrial Designers
The role of an industrial designer in the consumer durable industry involves developing good concepts for manufactured goods such as furniture, cars, electronics, and home appliances.
Some of the essential skills you should look for in a good Industrial Designer include:
- An aptitude for hardware, tools, and machines.
- Thorough attention to detail.
- Good collaboration skills.
- IT skills
Industrial designers earn an average of $64,000 per year.
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15. Accounts Manager
An Account Manager’s primary responsibility is the management of the company’s sales and maintaining good relationships with its clients. They also handle customer complaints, find remedies for their issues, and sustain a positive relationship between parties for future business schemes. This is one of the high paying consumer durables jobs.
An account manager receives an average salary of $58,990 annually and sometimes receives $18,000.
16. Data Scientist
A data scientist is a professional that collects, analyzes, and interprets a large amount of data. You must have excellent computer, statistics, and mathematics skills to succeed in this field.
Also, a data scientist analyzes and models data and then deciphers the results to create actionable plans for companies and other organizations.
According to the U.S Bureau, a data scientist earns an average of $100,560 annually.
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17. Administrative Assistants
The role of an Administrative Assistant involves:
- Attending to an organization’s day-to-day operations by answering phone calls.
- Listening to clients.
- Filing paperwork.
- Preparing documents for meetings.
- Managing the calendar of their supervisors.
To excel as an administrative assistant, you’ll require time management, written and verbal communication skills, organizational skills, and interpersonal and basic computer skills. This is one of the best paying jobs in consumer durables.
An administrative assistant earns an average salary of between $66,500 – $95,000.
18. Tool and Die Maker
This is one of the few job positions in the consumer durable industry that does not require an advanced degree.
A tool and die maker is a professional that makes the equipment used in cutting, shaping, and molding the parts used to make consumer durable products.
You might enjoy this profession if you enjoy solving problems, using your hands, and working with metal and plastics.
The average annual salary of a tool and die maker is $51,000.
19. Automotive Engineer
An Automotive engineer works as a part of a team that is majorly responsible for the design, improvement, manufacture, testing, marketing, sales, and after-sales care of cars (including racing cars), motorbikes, and other commercial vehicles.
Automotive engineers should possess good mathematical, computer, and strong problem-solving skills. The average annual salary for an automotive engineer is $72,000.
20. Marketing Specialist
This is also one of the high-demand professions in the consumer durable industry, as most top companies need marketing specialists to promote their merchandise and services.
A marketing specialist usually involves researching the current and potential customer market trends and creating strategies to satisfy customers’ needs.
To be a marketer, you must have strong analytical and critical thinking skills and communication and negotiation skills.
A market specialist makes an average of $51,000 per year.
How to Get a Job in Consumer Durables- Best Paying Jobs in Consumer Durables
The consumer durable industry is a very lucrative sector that offers various job opportunities ranging from marketing specialists, computer engineers, account managers, sales representatives, and more.
The industry has recently employed over three million people, amounting to one of the most sought-after business sectors. However, the main question that resonates in the minds of individuals is, “how can one get a job in consumer durable?”
Let’s take a look at some of the general ways to get a job in consumer durable.
Obtain a Degree
Most of the best pay jobs in the consumer durable industry require you to obtain a degree in engineering, marketing, sales, or any related discipline.
Also, to advance to another level or be in line for a promotion, you can acquire a master’s degree or professional certification.
Statistics have shown that professionals with advanced degrees earn more than others.
Learn Basic Skills
Learning the basic skills required for a position you are applying for gives you an upper edge over a novice in the field.
For instance, if you are interested in applying for the sales representative position in an automobile company, you must have profound knowledge about cars, good communication, and negotiation skills.
Gain further experience
With the ever-evolving consumer durable industry, one significant challenge is keeping up with the market trends and structure.
If you are pursuing a career in consumer durable, you must meet and exceed the required job specifics to stand a chance of being considered.
This can be done by gaining other experience through internships and apprenticeship programs.
Create a network system
A sound networking system is needed to thrive in the consumer-durable industry. A proper network system always has links to top companies and offers recommendations when they require personnel to fill a vacant position.
To create a proper network system, ensure you know the rudiments of any field you apply to and market yourself well.
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The Skills Required for a Career in Consumer Durables
In the consumer durable industry, there are a few essential skills you must master to have a successful career.
With enticing starting salaries and huge commission-earning, let’s take a look at the skills you’ll need to succeed in consumer durable
- Sales and Marketing Skills
- Business Intelligence and Data Analytical Skills
- Digital Marketing Skills
- Communication Skills
- Negotiation Skills
- Problem Solving and Critical Thinking Skills
- Leadership Skills
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What if You Don’t Have a Degree?
According to BLS, The consumer durable industry offers various job opportunities that accommodate individuals with or without a degree.
So, if you do not have a degree, Do not Fret! There are a lot of career opportunities, most significantly, entry-level positions that do not require a bachelor’s degree.
All that is needed is having knowledge and the basic skills required to excel in that position. You’ll be able to acquire the necessary skills through on-the-job training, vocational programs, or community colleges.
Some of the job position in the consumer durable industry that does not require a degree include
- Packaging and Filling Machine Operators
- Machine Operators
- Production Supervisors
- Quality Control Inspectors
- Sales Managers
- Marketing Specialist
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How Much Do Consumer Durables Jobs Pay?- Best Paying Jobs in Consumer Durables
The variety of jobs in consumer durables results in a range in remuneration.
Leading corporations in the consumer durables sector offer very competitive pay rates. The average salary for Apple employees was $68,254 in 2021. 3D artists earn $32,000 annually and are among the lowest-paid Apple personnel.
The Director of Operations would be among the highest paid, earning $204,527 annually. An Apple project manager typically earns $80,000 annually in salary and bonuses. A Principal Engineer at Apple makes $285,000 in contrast.
More so, General Electric employees receive an average annual basic income of $97,000, with a bonus of $9,000. At GE, there are numerous options for engineering students and professionals to make a lot of money.
For illustration, a Senior Mechanical Engineer makes an average of $112,447, while a Senior Software Engineer earns an average of $109,846.
On the other hand, Samsung pays its employees an average base salary of $98,476 per year with an additional bonus of $13,000. A Senior Software Engineer at Samsung earns an average of $136,686 annually.
FAQs on Best Paying Jobs in Consumer Durables
What Are The Most Common Educational Requirements For A Career In Consumer Durables?
A bachelor’s degree in administration, sales, engineering, or product design is one of the standard requirements for a career in consumer durables. Also, a high school diploma is sufficient for entry-level employment in the sector.
What are the top companies in the Consumer Durable Industry?
What Are The Most Common Challenges Faced By A Career In Consumer Durables?
The consumer durable industry is one of the few business sectors that provides job security for its employees as its goods are home essentials and will always be in demand.
Also, top companies in the industry offer their employees good pay and other additional benefits which will motivate them to work effectively.
So, If you are interested in switching or starting a new career path, you should consider the consumer durable industry.
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