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Become A Commercial Product Manager

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Working As A Commercial Product Manager

  • Communicating with Supervisors, Peers, or Subordinates
  • Establishing and Maintaining Interpersonal Relationships
  • Interacting With Computers
  • Organizing, Planning, and Prioritizing Work
  • Making Decisions and Solving Problems
  • Mostly Sitting

  • Stressful

  • $128,750

    Average Salary

What Does A Commercial Product Manager Do At People's United Bank

* Responsible for the day to day management of 1
* likeproduct solutions in a comprehensive front to back approach Ensurescompliance with all laws and regulations associated with the delivery ofassigned products and services Responsible for understanding the impact ofregulatory changes to the product set and driving the necessary modifications toensure compliance Generates financial, operational and product usage datausing various resources to identify trends and variances to effectively manageproducts Shared ownership and accountability to drive increased growth andprofitability of an individual product based on approved marketing andbank-level strategies Shared ownership for new product initiatives/projectsfrom conception to launch Shared ownership and execution on approvedproduct improvements and enhancements along with end of life productstrategies Builds critical partnerships with key service partners (Sales,Operations, RM s, Marketing, Legal, Risk/Compliance, etc.) Serves asprimary subject matter expert (SME) in terms of industry focus/marketcompetition for the product set Provides pre and post-sales support byproviding customer demos, RFP Q&A responses, customer training, on-goingproduct support, etc.
* Works with Product Analyst/Associate to ensure allcomponents of client readiness, and colleague readiness (pre-launch activitieswhich require participation from multiple stakeholders Sales, Implementation,Client Services, Operations, Marketing, etc.) Ensures the smooth rollout ofnew products and/or services to customers Supports post implementationtasks such as training and production problem investigation, escalation andresolution Responsible for the development of internal and external productguides, user manuals, customer communications, etc.
* Assists with crossfunctional team members to create detailed business requirements for systemchanges, business requirements and functional specifications for new/existingproducts Under the guidance of management is responsible for M&Aactivities as they pertain to the individual productBenefitsIn today s highly competitive job market, People s United Bank recognizesthe need to attract, reward, and retain talented employees.
* That s why weprovide a comprehensive, competitive and innovative benefits program

What Does A Commercial Product Manager Do At Intel

* Serve as a spokesperson for Intel Insight in order to develop the ecosystem, grow the revenue and offer more services
* Work with Intel partners and Intel team to generate new business in existing accounts and in new markets, as well as ensuring our partners are delivering value and customer success
* Good understanding of various market verticals, and able to ascertain key decision makers
* Work with marketing to align activities and resources to partner ecosystem and business generation needs
* Collaborate cross-functionally with sales, product management, support, strategic partners, client success and professional services teams to launch and promote our SaaS cloud capture solution to both new and existing clients
* Participate in various industry events and conferences to create exposure for Intel Insight

What Does A Commercial Product Manager Do At Dell

* Define transition forecasts for mobility products, ensuring the balance between legacy product availability and appropriate ramp of category replacement platforms.
* Communicate and globally align those plans into a worldwide product transition strategy.
* Ensure products are retired with minimal excess inventory or margin erosion as new replacement products launch, while maintaining appropriate commercial transition timelines.
* Communicate status to key stakeholders and executives, providing recommendations to ensure execution to the strategy
* Translate business strategies into product, operations, sales efforts that deliver against both our core customer needs and our company strategic and financial goals.
* Monitor products throughout their lifecycle to ensure they hit business case objectives and take remedial action for misses

What Does A Commercial Product Manager Do At Briggs & Stratton

Riding and testing our products because…of course…you love them (No, you are not responsible for test engineering…but the engineering team will appreciate the extra hours

What Does A Commercial Product Manager Do At People's United Bank

* Analyzes potential partner relationships for the product and requests for proposals.
* Prepares cost benefit analysis, project specifications and requirements.
* Leads diverse cross functional teams to achieve effective solutions to complex issues.
* Assembles the appropriate resources from areas including marketing, operations, production and administrative support to ensure the timely, cost-effective and efficient delivery of commercial products.
* As a project manager, provides intensive coaching and development of junior staff members on project teams.
* Manages all aspects of the product line life cycle from strategic planning to tactical activities.
* Conducts market research, pricing and cost planning to specify market requirements, strategies and goals for current and future products.
* Evaluates existing products to ensure that the organization remains competitive.
* Identifies opportunities for new commercial products.
* Prepares new products or major enhancements to existing products.
* Ensures sales staff and consultants are aware of, and comprehend, all aspects of commercial products and their applications.
* Acts as a resource to Commercial Product Mgrs.
* Participates in the training of junior staff members.
* Adheres to compliance procedures and internal/operational risk controls in accordance with any and all applicable regulatory standards, requirements, and policies

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How To Become A Commercial Product Manager

A bachelor’s degree is required for most advertising, promotions, and marketing management positions. These managers typically have work experience in advertising, marketing, promotions, or sales.

Education

A bachelor’s degree is required for most advertising, promotions, and marketing management positions. For advertising management positions, some employers prefer a bachelor’s degree in advertising or journalism. A relevant course of study might include classes in marketing, consumer behavior, market research, sales, communication methods and technology, visual arts, art history, and photography.

Most marketing managers need a bachelor’s degree. Courses in business law, management, economics, finance, computer science, mathematics, and statistics are advantageous. For example, courses in computer science are helpful in developing an approach to maximize online traffic, by utilizing online search results, because maximizing such traffic is critical for digital advertisements and promotions. In addition, completing an internship while in school can be useful.

Work Experience in a Related Occupation

Advertising, promotional, and marketing managers typically have work experience in advertising, marketing, promotions, or sales. For example, many managers are former sales representatives; buyers or purchasing agents; or public relations specialists.

Important Qualities

Analytical skills. Advertising, promotions, and marketing managers must be able to analyze industry trends to determine the most promising strategies for their organization. 

Communication skills. Managers must be able to communicate effectively with a broad-based team made up of other managers or staff members during the advertising, promotions, and marketing process. They must also be able to communicate persuasively with the public.

Creativity. Advertising, promotions, and marketing managers must be able to generate new and imaginative ideas.

Decisionmaking skills. Managers often must choose between competing advertising and marketing strategies put forward by staff.

Interpersonal skills. These managers must deal with a range of people in different roles, both inside and outside the organization.

Organizational skills. Advertising, promotions, and marketing managers must manage their time and budget efficiently while directing and motivating staff members.

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Commercial Product Manager jobs

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Commercial Product Manager Demographics

Gender

  • Male

    66.1%
  • Female

    33.1%
  • Unknown

    0.8%

Ethnicity

  • White

    76.7%
  • Asian

    12.5%
  • Hispanic or Latino

    8.6%
  • Unknown

    1.9%
  • Black or African American

    0.3%
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Languages Spoken

  • Spanish

    20.0%
  • French

    20.0%
  • Portuguese

    10.0%
  • Dutch

    10.0%
  • Swedish

    5.0%
  • Chinese

    5.0%
  • German

    5.0%
  • Carrier

    5.0%
  • Cantonese

    5.0%
  • Mandarin

    5.0%
  • Korean

    5.0%
  • Italian

    5.0%
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Commercial Product Manager

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Commercial Product Manager Education

Commercial Product Manager

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Real Commercial Product Manager Salaries

Job Title Company Location Start Date Salary
Commercial Product Manager Outotec (USA), Inc. Denver, CO Aug 01, 2014 $164,000
Commercial and Product Manager Abbvie Inc. North Chicago, IL Mar 25, 2016 $125,796
Commercial and Product Manager Abbvie Inc. North Chicago, IL Mar 25, 2013 $115,000
Assistant Commercial Product Manager Farmers Group, Inc. Los Angeles, CA Feb 01, 2015 $96,000
Commercial Product Manager Cummins Inc. Columbus, IN Aug 19, 2014 $88,900 -
$109,700
Commercial Product Manager Cummins Inc. Columbus, IN Feb 17, 2014 $88,900 -
$109,700

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Top Skills for A Commercial Product Manager

NewProductDevelopmentSalesGrowthProductLineProposalsAnnualSalesIncreaseMarketResearchProductTrainingBusinessDevelopmentCustomerServiceCustomerBaseMarketShareInformationWebPContractNegotiationsProductSalesBusinessPlanCustomerResearchTreasuryManagementProductsSKU60M

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Top Commercial Product Manager Skills

  1. New Product Development
  2. Sales Growth
  3. Product Line
You can check out examples of real life uses of top skills on resumes here:
  • Coordinated new product development, weekly ads and cost savings exercises across the category.
  • Redesigned product line offered to create a competitive advantage in the market.
  • Completed and presented Requests for Proposals to State and Federal Departments.
  • Set realistic sales targets based on extensive market research.
  • Worked in a matrix organization to develop North American sales through joint sales calls, product training and industry interaction.

Top Commercial Product Manager Employers

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