A product consultant is usually called upon by companies who want an extensive external opinion on a product. The product consultant is expected to leverage his/her knowledge of the industry and consumer behavior to deliver profit-maximizing strategies to the company by identifying new business and marketing opportunities.
Your most important duties are to first analyze client requirements and then work with the design team in designing and developing the products. You must review product performance and provide recommendations on areas of improvement. You will also be expected to develop marketing and sales plans, prepare budgets and financial reports and develop necessary training manuals and user guides.
Highly important skills for this role include product research and development, excellent presentation skills, great verbal and non-verbal skills, marketing, and sales. The most commonly required educational qualification for this role is a bachelor's degree. Product consultants make an average of $97,000 annually.
There is more than meets the eye when it comes to being a product consultant. For example, did you know that they make an average of $47.1 an hour? That's $97,963 a year!
Between 2018 and 2028, the career is expected to grow -2% and produce -105,200 job opportunities across the U.S.
There are certain skills that many product consultants have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed customer-service skills, math skills and persistence.
When it comes to the most important skills required to be a product consultant, we found that a lot of resumes listed 25.1% of product consultants included sales goals, while 18.6% of resumes included assists clients, and 17.6% of resumes included product knowledge. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.
When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the product consultant job title. But what industry to start with? Most product consultants actually find jobs in the technology and finance industries.
If you're interested in becoming a product consultant, one of the first things to consider is how much education you need. We've determined that 60.9% of product consultants have a bachelor's degree. In terms of higher education levels, we found that 10.0% of product consultants have master's degrees. Even though most product consultants have a college degree, it's possible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become a product consultant. When we researched the most common majors for a product consultant, we found that they most commonly earn bachelor's degree degrees or associate degree degrees. Other degrees that we often see on product consultant resumes include high school diploma degrees or master's degree degrees.
You may find that experience in other jobs will help you become a product consultant. In fact, many product consultant jobs require experience in a role such as sales associate. Meanwhile, many product consultants also have previous career experience in roles such as cashier or customer service representative.