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The differences between product managers, consumables and managers, strategy 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 manager, consumables and a manager, strategy. Additionally, a product manager, consumables has an average salary of $122,421, which is higher than the $109,831 average annual salary of a manager, strategy.
The top three skills for a product manager, consumables include product management, project management and user experience. The most important skills for a manager, strategy are project management, portfolio, and client facing.
| Product Manager, Consumables | Manager, Strategy | |
| Yearly salary | $122,421 | $109,831 |
| Hourly rate | $58.86 | $52.80 |
| Growth rate | 10% | 10% |
| Number of jobs | 107,496 | 148,326 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 65% |
| Average age | 39 | 39 |
| Years of experience | 10 | 10 |
A product manager of consumables manages a team of professionals that are involved in product development that can increase commission sales. This manager must execute market research for each product category by utilizing online competitive shopping and market trend sources. The manager must develop several new products and launch them while managing the existing brands of the company. This manager must also maintain relationships with business partners and vendors to drive the portfolio.
A strategy manager is an individual who reviews a company's objectives for growth and works with executives to formulate actionable plans to achieve these objectives. To make comprehensive recommendations, strategy managers must conduct data analysis of the organization as well as the overall industry. They must provide assessments of market trends and identify business threats and opportunities. Strategy managers should also work with department heads to develop individual team goals and break them down into actionable steps for the employees to complete.
Product managers, consumables and managers, strategy have different pay scales, as shown below.
| Product Manager, Consumables | Manager, Strategy | |
| Average salary | $122,421 | $109,831 |
| Salary range | Between $84,000 And $178,000 | Between $78,000 And $152,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | California | California |
| Best paying company | Meta | McKinsey & Company Inc |
| Best paying industry | Retail | Technology |
There are a few differences between a product manager, consumables and a manager, strategy in terms of educational background:
| Product Manager, Consumables | Manager, Strategy | |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 65% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between product managers, consumables' and managers, strategy' demographics:
| Product Manager, Consumables | Manager, Strategy | |
| Average age | 39 | 39 |
| Gender ratio | Male, 55.6% Female, 44.4% | Male, 64.7% Female, 35.3% |
| 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% |