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The differences between owner & designers and product owners can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 6-12 months to become an owner & designer, becoming a product owner takes usually requires 8-10 years. Additionally, a product owner has an average salary of $97,070, which is higher than the $48,688 average annual salary of an owner & designer.
The top three skills for an owner & designer include customer service, graphic design and website design. The most important skills for a product owner are user stories, acceptance criteria, and product backlog.
| Owner & Designer | Product Owner | |
| Yearly salary | $48,688 | $97,070 |
| Hourly rate | $23.41 | $46.67 |
| Growth rate | 3% | 10% |
| Number of jobs | 91,490 | 129,990 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 63% | Bachelor's Degree, 67% |
| Average age | 38 | 39 |
| Years of experience | 12 | 10 |
Owners/designers are responsible for the overall creation of their designs, including the marketing campaigns to boost their brand image, and hiring people to help them execute the production for desired results. They also reach out to potential clients to offer their services, negotiate contract terms and payments, and work within the clients' specifications and timeframe. Owners/designers must have excellent communication and leadership skills, especially on enforcing critical business decisions that would define the owner's strategies and market performance.
Product owners are at the forefront of an organization's development cycle. They have various duties and responsibilities, which include ensuring that the value of products created by the development team is maximized, creating a vision and defining the goals for development projects, and working closely with all stakeholders. As the product owner, you are responsible for ensuring that the development team maintains a consistent vision and overseeing the product backlog. You are also expected to supervise the actual product development stages and anticipate the needs of clients.
Owner & designers and product owners have different pay scales, as shown below.
| Owner & Designer | Product Owner | |
| Average salary | $48,688 | $97,070 |
| Salary range | Between $32,000 And $72,000 | Between $71,000 And $130,000 |
| Highest paying City | - | San Francisco, CA |
| Highest paying state | - | California |
| Best paying company | - | ORIX USA |
| Best paying industry | - | Manufacturing |
There are a few differences between an owner & designer and a product owner in terms of educational background:
| Owner & Designer | Product Owner | |
| Most common degree | Bachelor's Degree, 63% | Bachelor's Degree, 67% |
| Most common major | Graphic Design | Business |
| Most common college | University of Pennsylvania | University of Georgia |
Here are the differences between owner & designers' and product owners' demographics:
| Owner & Designer | Product Owner | |
| Average age | 38 | 39 |
| Gender ratio | Male, 36.1% Female, 63.9% | Male, 64.3% Female, 35.7% |
| Race ratio | Black or African American, 3.4% Unknown, 5.0% Hispanic or Latino, 10.6% Asian, 10.4% White, 70.2% American Indian and Alaska Native, 0.4% | 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 | 13% | 10% |