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The differences between assistant product managers and product development managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 8-10 years to become both an assistant product manager and a product development manager. Additionally, a product development manager has an average salary of $113,437, which is higher than the $67,764 average annual salary of an assistant product manager.
The top three skills for an assistant product manager include product development, powerpoint and market research. The most important skills for a product development manager are product development, project management, and lifecycle management.
| Assistant Product Manager | Product Development Manager | |
| Yearly salary | $67,764 | $113,437 |
| Hourly rate | $32.58 | $54.54 |
| Growth rate | 10% | 10% |
| Number of jobs | 99,823 | 166,871 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 76% | Bachelor's Degree, 73% |
| Average age | 39 | 39 |
| Years of experience | 10 | 10 |
The key role of an Assistant Product Manager is to supervise the production of goods and ensure efficiency in all aspects of the production process. They also develop and implement different strategies to ensure the stabilization of the product.
A product development manager spearheads the development of new products within a company. Most of the time, their responsibilities revolve around conducting marketing research and analysis to determine consumers' needs, coordinating with the product development team to come up with new ideas, proposing business plans to the executives, and creating prototypes. A product development manager must also present a cost analysis, produce progress reports, and address inquiries and concerns. Furthermore, as a manager, it is essential to lead and encourage the staff, all while adhering to the company's policies and regulations.
Assistant product managers and product development managers have different pay scales, as shown below.
| Assistant Product Manager | Product Development Manager | |
| Average salary | $67,764 | $113,437 |
| Salary range | Between $43,000 And $106,000 | Between $84,000 And $152,000 |
| Highest paying City | Boston, MA | San Francisco, CA |
| Highest paying state | Massachusetts | Nevada |
| Best paying company | Meta | |
| Best paying industry | Automotive | Retail |
There are a few differences between an assistant product manager and a product development manager in terms of educational background:
| Assistant Product Manager | Product Development Manager | |
| Most common degree | Bachelor's Degree, 76% | Bachelor's Degree, 73% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between assistant product managers' and product development managers' demographics:
| Assistant Product Manager | Product Development Manager | |
| Average age | 39 | 39 |
| Gender ratio | Male, 43.1% Female, 56.9% | Male, 62.2% Female, 37.8% |
| Race ratio | 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% | 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 Percentage | 10% | 10% |