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The differences between product development specialists and product specialists can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a product development specialist and a product specialist. Additionally, a product specialist has an average salary of $85,932, which is higher than the $70,820 average annual salary of a product development specialist.
The top three skills for a product development specialist include product development, project management and R. The most important skills for a product specialist are customer service, product knowledge, and sales floor.
| Product Development Specialist | Product Specialist | |
| Yearly salary | $70,820 | $85,932 |
| Hourly rate | $34.05 | $41.31 |
| Growth rate | 19% | 19% |
| Number of jobs | 120,487 | 103,863 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 64% |
| Average age | 37 | 37 |
| Years of experience | 6 | 6 |
A product development specialist's role is to facilitate the development of efficient and high-quality products in a company. Their responsibilities typically revolve around performing research and analysis to create business plans, devising strategies to optimize procedures, overseeing the workflow and the performance of the workforce, and establishing guidelines as needed. Furthermore, as a product development specialist, it is essential to coordinate and maintain an active communication line with the rest of the workforce, all while implementing the company's policies and goals.
A product specialist is required to have excellent knowledge about a product and work with a business unit to ensure excellent product delivery. Product specialists perform product demonstrations to customers and other stakeholders and assist in their promotions and product releases. To gain increased revenue, product specialists must be able to identify new market opportunities. They are required to conduct product and sales training for the marketing team. They must also provide reports about their product-related activities to the management.
Product development specialists and product specialists have different pay scales, as shown below.
| Product Development Specialist | Product Specialist | |
| Average salary | $70,820 | $85,932 |
| Salary range | Between $42,000 And $117,000 | Between $56,000 And $130,000 |
| Highest paying City | Piscataway, NJ | San Bruno, CA |
| Highest paying state | Delaware | California |
| Best paying company | Bloomberg | ByteDance |
| Best paying industry | - | Technology |
There are a few differences between a product development specialist and a product specialist in terms of educational background:
| Product Development Specialist | Product Specialist | |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 64% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between product development specialists' and product specialists' demographics:
| Product Development Specialist | Product Specialist | |
| Average age | 37 | 37 |
| Gender ratio | Male, 49.6% Female, 50.4% | Male, 59.8% Female, 40.2% |
| Race ratio | Black or African American, 4.8% Unknown, 4.9% Hispanic or Latino, 11.5% Asian, 13.7% White, 64.9% American Indian and Alaska Native, 0.1% | Black or African American, 5.2% Unknown, 5.0% Hispanic or Latino, 12.5% Asian, 10.6% White, 66.6% American Indian and Alaska Native, 0.1% |
| LGBT Percentage | 10% | 10% |