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The differences between global product managers and global account 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 global product manager, becoming a global account manager takes usually requires 6-8 years. Additionally, a global account manager has an average salary of $123,233, which is higher than the $116,060 average annual salary of a global product manager.
The top three skills for a global product manager include product management, global product and market research. The most important skills for a global account manager are global account, account management, and customer satisfaction.
| Global Product Manager | Global Account Manager | |
| Yearly salary | $116,060 | $123,233 |
| Hourly rate | $55.80 | $59.25 |
| Growth rate | 10% | 5% |
| Number of jobs | 123,229 | 173,713 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 79% |
| Average age | 39 | 46 |
| Years of experience | 10 | 8 |
A global product manager is responsible for advertising the company's goods and services globally, ensuring that the products meet the global market requirements, and monitor its long-term availability. Global product managers address all inquiries and concerns regarding the product, as well as supervising the manufacturing procedures and analyzing the sales delivery. They also identify business opportunities by evaluating market trends to drive more revenues and increase the company's profitability. A global product manager usually works closely with the sales and marketing team to develop strategic marketing techniques to boost global brand awareness.
Global Account Managers are employees who oversee the company's client accounts. They are part of the company's sales departments, and they specialize in ensuring that clients would continue their partnership or engagement with the company. They are in charge of taking care of their clients who are, at times, in different areas or regions. Global account managers look at the company's sales performance and recommend action steps to improve performance. They often take on challenging client accounts and manage the clients' relationship with the company. Global Account Managers also come up with strategies to ensure client engagement, retention, and loyalty.
Global product managers and global account managers have different pay scales, as shown below.
| Global Product Manager | Global Account Manager | |
| Average salary | $116,060 | $123,233 |
| Salary range | Between $85,000 And $156,000 | Between $87,000 And $174,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | Connecticut | California |
| Best paying company | The Citadel | Meta |
| Best paying industry | Automotive | Technology |
There are a few differences between a global product manager and a global account manager in terms of educational background:
| Global Product Manager | Global Account Manager | |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 79% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Southern California |
Here are the differences between global product managers' and global account managers' demographics:
| Global Product Manager | Global Account Manager | |
| Average age | 39 | 46 |
| Gender ratio | Male, 69.1% Female, 30.9% | Male, 72.6% Female, 27.4% |
| 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% |