Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between business product managers and business partners can be seen in a few details. Each job has different responsibilities and duties. It typically takes 8-10 years to become both a business product manager and a business partner. Additionally, a business product manager has an average salary of $123,607, which is higher than the $96,324 average annual salary of a business partner.
The top three skills for a business product manager include product management, project management and market research. The most important skills for a business partner are analytics, project management, and customer service.
| Business Product Manager | Business Partner | |
| Yearly salary | $123,607 | $96,324 |
| Hourly rate | $59.43 | $46.31 |
| Growth rate | 10% | 10% |
| Number of jobs | 189,393 | 106,251 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 65% |
| Average age | 39 | 39 |
| Years of experience | 10 | 10 |
A business product manager is primarily in charge of overseeing a company's product and service development procedures, ensuring quality and marketability. Their responsibilities typically revolve around gathering and analyzing data to understand and identify product requirements, coordinating with the engineering and quality control teams, determining the marketing opportunities, managing the roadmaps, and developing strategies to meet the consumers' needs. Furthermore, as a business product manager, it is essential to lead and encourage the workforce to reach goals, all while implementing the company's policies and regulations.
A business partner is an individual who is involved in a legal business partnership with other individuals to manage a business as co-owners. Business partners invest their money into the business, and each partner benefits from any profits and sustains part of any losses. They must file with the state in which they do business and are governed mostly by state laws. Business partners can also be either liable or not for the actions taken by the company.
Business product managers and business partners have different pay scales, as shown below.
| Business Product Manager | Business Partner | |
| Average salary | $123,607 | $96,324 |
| Salary range | Between $88,000 And $173,000 | Between $66,000 And $140,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | California | Washington |
| Best paying company | Meta | ZS |
| Best paying industry | - | Technology |
There are a few differences between a business product manager and a business partner in terms of educational background:
| Business Product Manager | Business Partner | |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 65% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between business product managers' and business partners' demographics:
| Business Product Manager | Business Partner | |
| Average age | 39 | 39 |
| Gender ratio | Male, 64.1% Female, 35.9% | Male, 56.2% Female, 43.8% |
| 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% |