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The differences between regional product managers and product managers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 6-8 years to become a regional product manager, becoming a product manager takes usually requires 8-10 years. Additionally, a regional product manager has an average salary of $111,928, which is higher than the $111,729 average annual salary of a product manager.
The top three skills for a regional product manager include product management, product line and market research. The most important skills for a product manager are product management, QA, and product strategy.
| Regional Product Manager | Product Manager | |
| Yearly salary | $111,928 | $111,729 |
| Hourly rate | $53.81 | $53.72 |
| Growth rate | 5% | 10% |
| Number of jobs | 168,499 | 125,678 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 72% |
| Average age | 46 | 39 |
| Years of experience | 8 | 10 |
Regional product managers maintain strong client relations to identify incremental revenue opportunities and ensure a competitive advantage. They support bidding situations and selling through exclusive authorized dealers, general contractors, and agents. Most of them analyze and review business reports, including inventory levels, sales results, and customer satisfaction. They may evaluate ROI before executing customer solutions based upon the feasibility. These managers must have analytical skills to gather information from various sources, leadership to directly correlate with a person's ability to lead others toward an accomplishment, and creativity.
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.
Regional product managers and product managers have different pay scales, as shown below.
| Regional Product Manager | Product Manager | |
| Average salary | $111,928 | $111,729 |
| Salary range | Between $77,000 And $162,000 | Between $81,000 And $152,000 |
| Highest paying City | North Brunswick, NJ | San Francisco, CA |
| Highest paying state | New Jersey | California |
| Best paying company | Meta | |
| Best paying industry | Technology | Retail |
There are a few differences between a regional product manager and a product manager in terms of educational background:
| Regional Product Manager | Product Manager | |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 72% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Georgia |
Here are the differences between regional product managers' and product managers' demographics:
| Regional Product Manager | Product Manager | |
| Average age | 46 | 39 |
| Gender ratio | Male, 77.6% Female, 22.4% | Male, 65.3% Female, 34.7% |
| Race ratio | Black or African American, 3.2% Unknown, 4.4% Hispanic or Latino, 9.8% Asian, 4.1% White, 78.2% 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 | 7% | 10% |