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The differences between global senior product managers and senior business development 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 senior product manager and a senior business development manager. Additionally, a global senior product manager has an average salary of $134,871, which is higher than the $129,638 average annual salary of a senior business development manager.
The top three skills for a global senior product manager include product management, market research and global product. The most important skills for a senior business development manager are healthcare, cloud, and business relationships.
| Global Senior Product Manager | Senior Business Development Manager | |
| Yearly salary | $134,871 | $129,638 |
| Hourly rate | $64.84 | $62.33 |
| Growth rate | 10% | 10% |
| Number of jobs | 127,636 | 204,172 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 73% |
| Average age | 39 | 39 |
| Years of experience | 10 | 10 |
Global senior product managers lead product managers in coordinating with marketing, sales, and engineering teams by developing product requirements and strategies while incorporating feedback from customers. Aside from having excellent interpersonal, business, technical, and analytical skills, they are also good at product planning and product marketing by introducing products to a new and emerging market worldwide, tracking products from competitors, and coordinating with other executives to gain global markets that are ideal for product penetration.
As senior business development manager is mainly responsible for creating and maintaining solid relationships and making business decisions. They do plan ways to grow the business, find areas of client needs, manage business negotiations, and review and approve other business decisions. It is expected in their job to seamlessly complete target deadlines and delegate tasks to subordinates. Moreover, they should be able to have good working relationships with employees and clients, so good communication and interpersonal skills are necessary.
Global senior product managers and senior business development managers have different pay scales, as shown below.
| Global Senior Product Manager | Senior Business Development Manager | |
| Average salary | $134,871 | $129,638 |
| Salary range | Between $97,000 And $185,000 | Between $94,000 And $178,000 |
| Highest paying City | San Jose, CA | Seattle, WA |
| Highest paying state | California | Washington |
| Best paying company | PayPal | Shearman & Sterling |
| Best paying industry | Technology | Manufacturing |
There are a few differences between a global senior product manager and a senior business development manager in terms of educational background:
| Global Senior Product Manager | Senior Business Development Manager | |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 73% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between global senior product managers' and senior business development managers' demographics:
| Global Senior Product Manager | Senior Business Development Manager | |
| Average age | 39 | 39 |
| Gender ratio | Male, 69.7% Female, 30.3% | Male, 74.8% Female, 25.2% |
| 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% |