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The differences between digital product managers and project managers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a digital product manager has an average salary of $98,127, which is higher than the $91,578 average annual salary of a project manager.
The top three skills for a digital product manager include product management, digital marketing and user experience. The most important skills for a project manager are project management, project scope, and customer service.
| Digital Product Manager | Project Manager | |
| Yearly salary | $98,127 | $91,578 |
| Hourly rate | $47.18 | $44.03 |
| Growth rate | 10% | 8% |
| Number of jobs | 129,203 | 167,116 |
| Job satisfaction | - | 4.17 |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 68% |
| Average age | 39 | 47 |
| Years of experience | 10 | - |
It is the key role of digital product managers to develop new online products or services. They handle the company's existing products and determine strategies to improve the products through market data. It is their duty to articulate their business value to better understand the creation of the new product. A background and knowledge in digital technology is a requirement. They should develop skills in communication, marketing, delegation, analytics, business management, and market research.
Project managers oversee a specific project related to the organization's business. They manage the whole project from inception to evaluation. They initiate planning with involved departments, follow-through on the plans, ensure smooth execution of the plans, and evaluate the project for further improvements should these be needed. In line with this, project managers also ensure that the project is cost-efficient and well within the budget. They also manage the different work teams involved in the project and ensure that things are running smoothly on this aspect as well.
Digital product managers and project managers have different pay scales, as shown below.
| Digital Product Manager | Project Manager | |
| Average salary | $98,127 | $91,578 |
| Salary range | Between $70,000 And $136,000 | Between $64,000 And $129,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | California | California |
| Best paying company | McKinsey & Company Inc | The Citadel |
| Best paying industry | Technology | Technology |
There are a few differences between a digital product manager and a project manager in terms of educational background:
| Digital Product Manager | Project Manager | |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 68% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Pennsylvania |
Here are the differences between digital product managers' and project managers' demographics:
| Digital Product Manager | Project Manager | |
| Average age | 39 | 47 |
| Gender ratio | Male, 61.2% Female, 38.8% | Male, 68.9% Female, 31.1% |
| 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, 7.7% Unknown, 4.7% Hispanic or Latino, 12.9% Asian, 9.0% White, 65.0% American Indian and Alaska Native, 0.7% |
| LGBT Percentage | 10% | 10% |