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The differences between divisional merchandise managers and product 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 divisional merchandise manager and a product manager. Additionally, a divisional merchandise manager has an average salary of $175,897, which is higher than the $111,729 average annual salary of a product manager.
The top three skills for a divisional merchandise manager include margin, DMM and divisional merchandise. The most important skills for a product manager are product management, QA, and product strategy.
| Divisional Merchandise Manager | Product Manager | |
| Yearly salary | $175,897 | $111,729 |
| Hourly rate | $84.57 | $53.72 |
| Growth rate | 10% | 10% |
| Number of jobs | 36,935 | 125,678 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 86% | Bachelor's Degree, 72% |
| Average age | 39 | 39 |
| Years of experience | 10 | 10 |
Divisional merchandise managers and product managers have different pay scales, as shown below.
| Divisional Merchandise Manager | Product Manager | |
| Average salary | $175,897 | $111,729 |
| Salary range | Between $114,000 And $269,000 | Between $81,000 And $152,000 |
| Highest paying City | - | San Francisco, CA |
| Highest paying state | - | California |
| Best paying company | - | Meta |
| Best paying industry | - | Retail |
There are a few differences between a divisional merchandise manager and a product manager in terms of educational background:
| Divisional Merchandise Manager | Product Manager | |
| Most common degree | Bachelor's Degree, 86% | Bachelor's Degree, 72% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between divisional merchandise managers' and product managers' demographics:
| Divisional Merchandise Manager | Product Manager | |
| Average age | 39 | 39 |
| Gender ratio | Male, 55.8% Female, 44.2% | Male, 65.3% Female, 34.7% |
| 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, 3.0% 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% |