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The differences between commercial product managers and commercial managers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 8-10 years to become a commercial product manager, becoming a commercial manager takes usually requires 6-8 years. Additionally, a commercial product manager has an average salary of $106,412, which is higher than the $100,167 average annual salary of a commercial manager.
The top three skills for a commercial product manager include treasury, product line and product development. The most important skills for a commercial manager are project management, customer service, and business development.
| Commercial Product Manager | Commercial Manager | |
| Yearly salary | $106,412 | $100,167 |
| Hourly rate | $51.16 | $48.16 |
| Growth rate | 10% | 5% |
| Number of jobs | 139,724 | 104,252 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 80% | Bachelor's Degree, 58% |
| Average age | 39 | 46 |
| Years of experience | 10 | 8 |
The commercial product manager focuses on determining consumers' wants and needs and drafts a product plan for the business to tweak their product development to take advantage of the demand. The commercial product manager works with the marketing team on ensuring existing products and newly developed items fare well in the market. This position is tasked with monitoring product performance, determining weaknesses in the marketing strategy, and providing suggestions and recommendations to improve sales. The added responsibility of a commercial product manager is to help in conceptualizing product designs and marketing strategies.
A commercial manager is in charge of devising strategies for optimal procedures. Their responsibilities typically revolve around liaising with clients to determine their needs, coordinating with different departments to gather necessary data, performing research and analysis to identify the strengths and weaknesses of existing systems, and developing new business plans for profit growth and efficient workflow. Furthermore, as a manager, it is essential to lead and encourage the staff to reach goals, all while implementing the company's policies and regulations.
Commercial product managers and commercial managers have different pay scales, as shown below.
| Commercial Product Manager | Commercial Manager | |
| Average salary | $106,412 | $100,167 |
| Salary range | Between $73,000 And $153,000 | Between $70,000 And $143,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | Washington | Hawaii |
| Best paying company | Flexport | Cheniere Energy |
| Best paying industry | Pharmaceutical | Manufacturing |
There are a few differences between a commercial product manager and a commercial manager in terms of educational background:
| Commercial Product Manager | Commercial Manager | |
| Most common degree | Bachelor's Degree, 80% | Bachelor's Degree, 58% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Southern California |
Here are the differences between commercial product managers' and commercial managers' demographics:
| Commercial Product Manager | Commercial Manager | |
| Average age | 39 | 46 |
| Gender ratio | Male, 70.0% Female, 30.0% | Male, 73.3% Female, 26.7% |
| 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, 3.2% Unknown, 4.4% Hispanic or Latino, 9.8% Asian, 4.1% White, 78.2% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 10% | 7% |