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The differences between product leads and vice presidents, product management can be seen in a few details. Each job has different responsibilities and duties. It typically takes 8-10 years to become both a product lead and a vice president, product management. Additionally, a vice president, product management has an average salary of $183,231, which is higher than the $118,828 average annual salary of a product lead.
The top three skills for a product lead include product management, project management and architecture. The most important skills for a vice president, product management are product management, analytics, and product strategy.
| Product Lead | Vice President, Product Management | |
| Yearly salary | $118,828 | $183,231 |
| Hourly rate | $57.13 | $88.09 |
| Growth rate | 10% | 10% |
| Number of jobs | 95,557 | 185,361 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 70% |
| Average age | 39 | 39 |
| Years of experience | 10 | 10 |
A product lead is responsible for monitoring the development of new products and services of an organization, starting from brand conceptualization to official market release and distribution. Product leads identify effective product management by conducting data analysis and evaluating market statistics of customer demands. They coordinate with the clients on their specifications and requirements, including the budget limit and timely deliverables. A product lead manages the brand promotion on media platforms, creating content that adheres to the target audience.
A vice president of product management is responsible for handling the overall operational decisions of product deliverables, creating strategic procedures for product marketing strategy, and ensuring that the outputs provide the highest customer satisfaction. The vice president of product management monitors the department's budget, allocating adequate resources to every team to support operational promotions and research on current market trends. They also adjust product management approaches to meet the company's goals and objectives and identify opportunities to increase revenues and profitability.
Product leads and vice presidents, product management have different pay scales, as shown below.
| Product Lead | Vice President, Product Management | |
| Average salary | $118,828 | $183,231 |
| Salary range | Between $86,000 And $163,000 | Between $127,000 And $262,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | California | Alaska |
| Best paying company | Airbnb | Okta |
| Best paying industry | Hospitality | Start-up |
There are a few differences between a product lead and a vice president, product management in terms of educational background:
| Product Lead | Vice President, Product Management | |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 70% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between product leads' and vice presidents, product management' demographics:
| Product Lead | Vice President, Product Management | |
| Average age | 39 | 39 |
| Gender ratio | Male, 71.1% Female, 28.9% | Male, 80.9% Female, 19.1% |
| 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% |