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Become A Product Specialist/Product Management

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Working As A Product Specialist/Product Management

  • Communicating with Supervisors, Peers, or Subordinates
  • Establishing and Maintaining Interpersonal Relationships
  • Interacting With Computers
  • Organizing, Planning, and Prioritizing Work
  • Making Decisions and Solving Problems
  • Mostly Sitting

  • Stressful

  • $98,000

    Average Salary

What Does A Product Specialist/Product Management Do

Advertising, promotions, and marketing managers plan programs to generate interest in products or services. They work with art directors, sales agents, and financial staff members.

Duties

Advertising, promotions, and marketing managers typically do the following:

  • Work with department heads or staff to discuss topics such as budgets and contracts, marketing plans, and the selection of advertising media
  • Plan promotional campaigns such as contests, coupons, or giveaways
  • Plan advertising campaigns, including which media to advertise in, such as radio, television, print, online media, and billboards
  • Negotiate advertising contracts
  • Evaluate the look and feel of websites used in campaigns or layouts, which are sketches or plans for an advertisement
  • Initiate market research studies and analyze their findings to understand customer and market opportunities for businesses
  • Develop pricing strategies for products or services marketed to the target customers of a firm
  • Meet with clients to provide marketing or technical advice
  • Direct the hiring of advertising, promotions, and marketing staff and oversee their daily activities

Advertising managers create interest among potential buyers of a product or service. They do this for a department, for an entire organization, or on a project basis (referred to as an account). Advertising managers work in advertising agencies that put together advertising campaigns for clients, in media firms that sell advertising space or time, and in organizations that advertise heavily.

Advertising managers work with sales staff and others to generate ideas for an advertising campaign. They oversee the staff that develops the advertising. They work with the finance department to prepare a budget and cost estimates for the campaign.

Often, advertising managers serve as liaisons between the client and the advertising or promotion agency that develops and places the ads. In larger organizations with extensive advertising departments, different advertising managers may oversee in-house accounts and creative and media services departments.

In addition, some advertising managers specialize in a particular field or type of advertising. For example, media directors determine the way in which an advertising campaign reaches customers. They can use any or all of various media, including radio, television, newspapers, magazines, the Internet, and outdoor signs. 

Advertising managers known as account executives manage clients’ accounts, but they are not responsible for developing or supervising the creation or presentation of advertising. That task becomes the work of the creative services department.

Promotions managers direct programs that combine advertising with purchasing incentives to increase sales. Often, the programs use direct mail, inserts in newspapers, Internet advertisements, in-store displays, product endorsements, or special events to target customers. Purchasing incentives may include discounts, samples, gifts, rebates, coupons, sweepstakes, or contests.

Marketing managers estimate the demand for products and services that an organization and its competitors offer. They identify potential markets for the organization’s products.

Marketing managers also develop pricing strategies to help organizations maximize their profits and market share while ensuring that the organizations’ customers are satisfied. They work with sales, public relations, and product development staff.

For example, a marketing manager may monitor trends that indicate the need for a new product or service. Then he or she oversees the development of that product or service. For more information on sales or public relations, see the profiles on sales managers, public relations and fundraising managers, public relations specialists, and market research analysts.

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How To Become A Product Specialist/Product Management

A bachelor’s degree is required for most advertising, promotions, and marketing management positions. These managers typically have work experience in advertising, marketing, promotions, or sales.

Education

A bachelor’s degree is required for most advertising, promotions, and marketing management positions. For advertising management positions, some employers prefer a bachelor’s degree in advertising or journalism. A relevant course of study might include classes in marketing, consumer behavior, market research, sales, communication methods and technology, visual arts, art history, and photography.

Most marketing managers need a bachelor’s degree. Courses in business law, management, economics, finance, computer science, mathematics, and statistics are advantageous. For example, courses in computer science are helpful in developing an approach to maximize online traffic, by utilizing online search results, because maximizing such traffic is critical for digital advertisements and promotions. In addition, completing an internship while in school can be useful.

Work Experience in a Related Occupation

Advertising, promotional, and marketing managers typically have work experience in advertising, marketing, promotions, or sales. For example, many managers are former sales representatives; buyers or purchasing agents; or public relations specialists.

Important Qualities

Analytical skills. Advertising, promotions, and marketing managers must be able to analyze industry trends to determine the most promising strategies for their organization. 

Communication skills. Managers must be able to communicate effectively with a broad-based team made up of other managers or staff members during the advertising, promotions, and marketing process. They must also be able to communicate persuasively with the public.

Creativity. Advertising, promotions, and marketing managers must be able to generate new and imaginative ideas.

Decisionmaking skills. Managers often must choose between competing advertising and marketing strategies put forward by staff.

Interpersonal skills. These managers must deal with a range of people in different roles, both inside and outside the organization.

Organizational skills. Advertising, promotions, and marketing managers must manage their time and budget efficiently while directing and motivating staff members.

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Product Specialist/Product Management Typical Career Paths

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Average Length of Employment
Product Manager 3.3 years
Top Careers Before Product Specialist/Product Management
Internship 6.8%
Analyst 4.1%
Top Careers After Product Specialist/Product Management
Associate 7.7%
Consultant 5.8%
Principal 5.8%
Volunteer 3.8%
President 3.8%

Do you work as a Product Specialist/Product Management?

Product Specialist/Product Management Demographics

Gender

Male

49.4%

Female

36.1%

Unknown

14.5%
Ethnicity

White

57.4%

Hispanic or Latino

14.5%

Asian

11.9%

Black or African American

10.9%

Unknown

5.4%
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Foreign Languages Spoken

Spanish

37.5%

Chinese

12.5%

German

12.5%

Carrier

12.5%

Mandarin

12.5%

Korean

12.5%
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Product Specialist/Product Management Education

Schools

Boston University

7.0%

Ohio State University

7.0%

Arizona State University

7.0%

University of Phoenix

7.0%

University of Pennsylvania

7.0%

George Mason University

7.0%

Northern Kentucky University

4.7%

De Anza College

4.7%

University of Washington

4.7%

Saint John's University - New York

4.7%

Georgia Institute of Technology -

4.7%

DePaul University

4.7%

University of Iowa

4.7%

Rollins College

4.7%

Thomas More College

4.7%

Florida State University

4.7%

Dallas Baptist University

4.7%

University of Texas at Arlington

2.3%

Rice University

2.3%

Suffolk County Community College

2.3%
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Majors

Business

33.6%

Finance

14.3%

Accounting

6.7%

Computer Science

5.9%

Psychology

4.2%

Economics

4.2%

Marketing

3.4%

Management

2.5%

Fine Arts

2.5%

Project Management

2.5%

Supply Chain Management

2.5%

Electrical Engineering

2.5%

Nursing

2.5%

Sociology

2.5%

General Education, Specific Areas

1.7%

Political Science

1.7%

Mechanical Engineering

1.7%

Electrical Engineering Technology

1.7%

History

1.7%

Music

1.7%
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Degrees

Bachelors

49.1%

Masters

28.7%

Other

12.6%

Associate

5.4%

Doctorate

1.8%

Certificate

1.2%

License

0.6%

Diploma

0.6%
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Job type you want
Full Time
Part Time
Internship
Temporary
Average Yearly Salary
$98,000
View Detailed Salary Report
$59,000
Min 10%
$98,000
Median 50%
$98,000
Median 50%
$98,000
Median 50%
$98,000
Median 50%
$98,000
Median 50%
$98,000
Median 50%
$98,000
Median 50%
$165,000
Max 90%
Best Paying Company
SSM Health Care of Wisconsin
Highest Paying City
San Francisco, CA
Highest Paying State
Washington
Avg Experience Level
3.6 years
How much does a Product Specialist/Product Management make at top companies?
The national average salary for a Product Specialist/Product Management in the United States is $98,947 per year or $48 per hour. Those in the bottom 10 percent make under $59,000 a year, and the top 10 percent make over $165,000.

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Top Skills for A Product Specialist/Product Management

  1. Management Products
  2. Customer Service
  3. Portfolio
You can check out examples of real life uses of top skills on resumes here:
  • Provided technical training for all Cash Management products implemented for the Eastern and Central Regions.
  • Collaborate both internally and externally with vendors, claims and our customer service center.
  • Ensured trade accuracy and timely execution between Smith Barney trades and Portfolio Managers.
  • Provide training for the online solutions which allow clients to manage their programs effectively.
  • Managed vendors and technical support teams to successfully complete CPE migrations to meet stringent timelines.

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Top 10 Best States for Product Specialist/Product Managements

  1. New Jersey
  2. Rhode Island
  3. New York
  4. Washington
  5. Delaware
  6. Texas
  7. Massachusetts
  8. Minnesota
  9. California
  10. Colorado
  • (459 jobs)
  • (68 jobs)
  • (965 jobs)
  • (453 jobs)
  • (31 jobs)
  • (841 jobs)
  • (678 jobs)
  • (273 jobs)
  • (2,662 jobs)
  • (397 jobs)

Top Product Specialist/Product Management Employers

Jobs From Top Product Specialist/Product Management Employers

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