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The differences between product managers and product management directors 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 and a product management director. Additionally, a product management director has an average salary of $156,724, which is higher than the $111,729 average annual salary of a product manager.
The top three skills for a product manager include product management, QA and product strategy. The most important skills for a product management director are product management, product strategy, and cloud.
| Product Manager | Product Management Director | |
| Yearly salary | $111,729 | $156,724 |
| Hourly rate | $53.72 | $75.35 |
| Growth rate | 10% | 10% |
| Number of jobs | 125,678 | 170,460 |
| Job satisfaction | 5 | - |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 70% |
| Average age | 39 | 39 |
| Years of experience | 10 | 10 |
A product manager is responsible for ensuring product development, providing the best marketing strategies, and effectively handling the sales and marketing team. Product managers' duties include monitoring the market trends and conditions, identifying business opportunities and plan initiatives, and collaborating the product launch process with the appropriate departments. A product manager is also responsible for generating ideas on improving product features, determining timetables and reasonable pricing, and analyzing product sales. A product manager must have excellent strategic and decision-making skills to contribute to its growth and profitability.
A Product Management Director is responsible for a business product planning as well as execution throughout the life cycle of the business. They create the product strategy and requirements, develop and execute tactical plans, and maintain product and market knowledge.
Product managers and product management directors have different pay scales, as shown below.
| Product Manager | Product Management Director | |
| Average salary | $111,729 | $156,724 |
| Salary range | Between $81,000 And $152,000 | Between $112,000 And $219,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | California | California |
| Best paying company | Meta | Meta |
| Best paying industry | Retail | Technology |
There are a few differences between a product manager and a product management director in terms of educational background:
| Product Manager | Product Management Director | |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 70% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between product managers' and product management directors' demographics:
| Product Manager | Product Management Director | |
| Average age | 39 | 39 |
| Gender ratio | Male, 65.3% Female, 34.7% | Male, 77.1% Female, 22.9% |
| 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% |