Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between global product managers and pricing 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 global product manager and a pricing manager. Additionally, a global product manager has an average salary of $116,060, which is higher than the $109,525 average annual salary of a pricing manager.
The top three skills for a global product manager include product management, global product and market research. The most important skills for a pricing manager are analytics, pricing strategy, and strategic pricing.
| Global Product Manager | Pricing Manager | |
| Yearly salary | $116,060 | $109,525 |
| Hourly rate | $55.80 | $52.66 |
| Growth rate | 10% | 10% |
| Number of jobs | 123,229 | 119,997 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 66% |
| Average age | 39 | 39 |
| Years of experience | 10 | 10 |
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.
Pricing managers are employees who oversee the pricing needs of the organization. They identify the best pricing schemes for the company's product or service offerings. To do this, pricing managers analyze industry trends and current events. They study the target market and their spending behavior. They also coordinate with different departments, such as the production department to get the cost of production and the human resources department to get overhead costs. They also factor in different operational costs. Once they get this data, they determine the best pricing for the goods. Pricing managers also have a say in company tie-ups and client proposals to ensure that the company will not get the losing end of the stick with such partnerships.
Global product managers and pricing managers have different pay scales, as shown below.
| Global Product Manager | Pricing Manager | |
| Average salary | $116,060 | $109,525 |
| Salary range | Between $85,000 And $156,000 | Between $80,000 And $149,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | Connecticut | Arizona |
| Best paying company | The Citadel | McKinsey & Company Inc |
| Best paying industry | Automotive | Technology |
There are a few differences between a global product manager and a pricing manager in terms of educational background:
| Global Product Manager | Pricing Manager | |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 66% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between global product managers' and pricing managers' demographics:
| Global Product Manager | Pricing Manager | |
| Average age | 39 | 39 |
| Gender ratio | Male, 69.1% Female, 30.9% | Male, 57.8% Female, 42.2% |
| 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% |