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The differences between client development 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 a client development manager and a product development manager. Additionally, a product development manager has an average salary of $113,437, which is higher than the $88,179 average annual salary of a client development manager.
The top three skills for a client development manager include C++, account management and powerpoint. The most important skills for a product development manager are product development, project management, and lifecycle management.
| Client Development Manager | Product Development Manager | |
| Yearly salary | $88,179 | $113,437 |
| Hourly rate | $42.39 | $54.54 |
| Growth rate | 10% | 10% |
| Number of jobs | 162,599 | 166,871 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 79% | Bachelor's Degree, 73% |
| Average age | 39 | 39 |
| Years of experience | 10 | 10 |
A client development manager cultivates and develops relationships with their regular and prospective clients. Client development managers track trends, opportunities, competitors, and challenges for sales. It is part of their job to document scheduled time and interactions in organizational software. They make negotiations and supervise outreach and sales activities. Also, they offer feedback and suggestions to improve customer satisfaction, maximize retention, and to increase the ROI of the clients in the industry.
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.
Client development managers and product development managers have different pay scales, as shown below.
| Client Development Manager | Product Development Manager | |
| Average salary | $88,179 | $113,437 |
| Salary range | Between $58,000 And $132,000 | Between $84,000 And $152,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | Rhode Island | Nevada |
| Best paying company | McKinsey & Company Inc | Meta |
| Best paying industry | Professional | Retail |
There are a few differences between a client development manager and a product development manager in terms of educational background:
| Client Development Manager | Product Development Manager | |
| Most common degree | Bachelor's Degree, 79% | Bachelor's Degree, 73% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between client development managers' and product development managers' demographics:
| Client Development Manager | Product Development Manager | |
| Average age | 39 | 39 |
| Gender ratio | Male, 60.1% Female, 39.9% | 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% |