Do you ever wonder how products sell in the marketplace? Or how come your favorite artist is on the television, advertising the item you could see on a shopping stall, but didn't think of buying until now? That's a product manager's job. Simply put, product managers handle the product's presence in the market to persuade a person, like you, to take those items home.
Needless to say, the product manager is a senior position. And for you to qualify, you should have extensive experience and skills under your belt to handle sales strategies and the team's performance. You'll be the team's "know-it-all" - meaning, you'll never run out of ideas and techniques to make the account successful. Basically, that's your objective - to help the business grow by achieving your client's highest satisfaction.
Being a product manager is actually not a smooth-sailing journey, because you will be accountable for whatever results your strategies might create. But the self-accomplishment it brings is priceless, especially when you know that you contribute so much to the company's goals. Everyone has their own starting point. It's just a matter of hard work and patience to get to the top of the game. And maybe, the business owner of the cereal you're eating every morning needs someone like you to lead that brand. We'll never know.
There is more than meets the eye when it comes to being a product manager. For example, did you know that they make an average of $56.94 an hour? That's $118,441 a year!
Between 2018 and 2028, the career is expected to grow 8% and produce 21,800 job opportunities across the U.S.
There are certain skills that many product managers 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 analytical skills, communication skills and creativity.
When it comes to the most important skills required to be a product manager, we found that a lot of resumes listed 9.7% of product managers included product management, while 6.9% of resumes included market research, and 6.7% of resumes included user interface. 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 manager job title. But what industry to start with? Most product managers actually find jobs in the technology and manufacturing industries.
If you're interested in becoming a product manager, one of the first things to consider is how much education you need. We've determined that 67.7% of product managers have a bachelor's degree. In terms of higher education levels, we found that 15.8% of product managers have master's degrees. Even though most product managers 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 manager. When we researched the most common majors for a product manager, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on product manager resumes include associate degree degrees or high school diploma degrees.
You may find that experience in other jobs will help you become a product manager. In fact, many product manager jobs require experience in a role such as project manager. Meanwhile, many product managers also have previous career experience in roles such as sales representative or business analyst.