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The differences between managers, market intelligence 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 manager, market intelligence and a product manager. Additionally, a manager, market intelligence has an average salary of $112,100, which is higher than the $111,729 average annual salary of a product manager.
The top three skills for a manager, market intelligence include data analysis, project management and deep understanding. The most important skills for a product manager are product management, QA, and product strategy.
| Manager, Market Intelligence | Product Manager | |
| Yearly salary | $112,100 | $111,729 |
| Hourly rate | $53.89 | $53.72 |
| Growth rate | 10% | 10% |
| Number of jobs | 76,493 | 125,678 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 72% |
| Average age | 39 | 39 |
| Years of experience | 10 | 10 |
Market intelligence managers are employees of a corporation who study the new trends, behaviors, and needs of their target and current market. The managers recommend strategies to capitalize on opportunities that will help the company reach its goals. They are responsible for attracting new customers and maximizing the value of their existing customers. The skills they need to develop include analytical, technical, and business to perform the job well. They also design market research proposals and manage research projects to devise ideas that will lead the company to success.
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.
Managers, market intelligence and product managers have different pay scales, as shown below.
| Manager, Market Intelligence | Product Manager | |
| Average salary | $112,100 | $111,729 |
| Salary range | Between $78,000 And $159,000 | Between $81,000 And $152,000 |
| Highest paying City | Seattle, WA | San Francisco, CA |
| Highest paying state | Washington | California |
| Best paying company | McKinsey & Company Inc | Meta |
| Best paying industry | Technology | Retail |
There are a few differences between a manager, market intelligence and a product manager in terms of educational background:
| Manager, Market Intelligence | Product Manager | |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 72% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between managers, market intelligence' and product managers' demographics:
| Manager, Market Intelligence | Product Manager | |
| Average age | 39 | 39 |
| Gender ratio | Male, 66.1% Female, 33.9% | 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% |