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The differences between global product 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 global product manager and a product manager. Additionally, a global product manager has an average salary of $116,060, which is higher than the $111,729 average annual salary of a 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 product manager are product management, QA, and product strategy.
| Global Product Manager | Product Manager | |
| Yearly salary | $116,060 | $111,729 |
| Hourly rate | $55.80 | $53.72 |
| Growth rate | 10% | 10% |
| Number of jobs | 123,229 | 125,678 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 72% |
| 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.
A product manager is responsible for ensuring product development, providing the best marketing strategies, and effectively handling the sales and marketing team. Product managers' duties include monitoring the market trends and conditions, identifying business opportunities and plan initiatives, and collaborating the product launch process with the appropriate departments. A product manager is also responsible for generating ideas on improving product features, determining timetables and reasonable pricing, and analyzing product sales. A product manager must have excellent strategic and decision-making skills to contribute to its growth and profitability.
Global product managers and product managers have different pay scales, as shown below.
| Global Product Manager | Product Manager | |
| Average salary | $116,060 | $111,729 |
| Salary range | Between $85,000 And $156,000 | Between $81,000 And $152,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | Connecticut | California |
| Best paying company | The Citadel | Meta |
| Best paying industry | Automotive | Retail |
There are a few differences between a global product manager and a product manager in terms of educational background:
| Global Product Manager | Product Manager | |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 72% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between global product managers' and product managers' demographics:
| Global Product Manager | Product Manager | |
| Average age | 39 | 39 |
| Gender ratio | Male, 69.1% Female, 30.9% | 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% |