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The differences between consultants in product development and consultants can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 8-10 years to become a consultant in product development, becoming a consultant takes usually requires 2-4 years. Additionally, a consultant in product development has an average salary of $111,727, which is higher than the $78,912 average annual salary of a consultant.
The top three skills for a consultant in product development include cycle management, business development and product development. The most important skills for a consultant are customer service, strong analytical, and project management.
| Consultant In Product Development | Consultant | |
| Yearly salary | $111,727 | $78,912 |
| Hourly rate | $53.71 | $37.94 |
| Growth rate | 10% | 11% |
| Number of jobs | 138,422 | 171,733 |
| Job satisfaction | - | 4 |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 64% |
| Average age | 39 | 44 |
| Years of experience | 10 | 4 |
Product development consultants create products with enhanced or additional features to help their clients remain competitive. They evaluate the proposed designs of products before advising their team to start its development. Their jobs are mainly to report on actions to improve the product proposals and give constructive criticisms regarding the staff's performance during meetings or group huddles. They must also have strong written and verbal communication skills, knowledge in product development processes, and detail orientation to perform the duties of the job well.
Consultants are individuals who were tapped by a company or an organization to work on a specific activity, depending on their field of expertise. They act as guides for the organization in undertaking projects that are related to their field. Consultants would usually assist organizations in planning, often giving advice when the need arises. They would, at times, take the lead in activities that involve data gathering and interpretation of data gathering results so that they can provide solid recommendations on actions that the organization may undertake. They may also guide the organization in implementing any changes brought about by their consultancy and in evaluating the effectiveness of the changes.
Consultants in product development and consultants have different pay scales, as shown below.
| Consultant In Product Development | Consultant | |
| Average salary | $111,727 | $78,912 |
| Salary range | Between $81,000 And $153,000 | Between $58,000 And $107,000 |
| Highest paying City | San Francisco, CA | Washington, DC |
| Highest paying state | California | New Jersey |
| Best paying company | ERM | L.E.K. Consulting |
| Best paying industry | Transportation | Technology |
There are a few differences between a consultant in product development and a consultant in terms of educational background:
| Consultant In Product Development | Consultant | |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 64% |
| Most common major | Business | Business |
| Most common college | University of Georgia | Northwestern University |
Here are the differences between consultants in product development' and consultants' demographics:
| Consultant In Product Development | Consultant | |
| Average age | 39 | 44 |
| Gender ratio | Male, 66.6% Female, 33.4% | Male, 58.4% Female, 41.6% |
| 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, 7.8% Unknown, 4.5% Hispanic or Latino, 8.7% Asian, 13.8% White, 65.0% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 10% | 12% |