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The differences between regional product managers and regional business managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-8 years to become both a regional product manager and a regional business manager. Additionally, a regional business manager has an average salary of $124,644, which is higher than the $111,928 average annual salary of a regional 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 regional business manager are patients, regional business, and sales strategies.
| Regional Product Manager | Regional Business Manager | |
| Yearly salary | $111,928 | $124,644 |
| Hourly rate | $53.81 | $59.92 |
| Growth rate | 5% | 5% |
| Number of jobs | 168,499 | 148,007 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 78% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
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 regional business manager is responsible for monitoring the overall business transactions and sales performance of a company within the designated region. Regional business managers review and negotiate business contracts with existing and potential clients and acknowledge their requests according to business regulations. They respond to the clients' inquiries and concerns regarding the company's services and discuss campaigns with the marketing and sales department. A regional business manager must have excellent communication and leadership skills, especially in handling the staff's performance and facilitating programs to reach their maximum potential and productivity.
Regional product managers and regional business managers have different pay scales, as shown below.
| Regional Product Manager | Regional Business Manager | |
| Average salary | $111,928 | $124,644 |
| Salary range | Between $77,000 And $162,000 | Between $94,000 And $164,000 |
| Highest paying City | North Brunswick, NJ | Salem, OR |
| Highest paying state | New Jersey | Oregon |
| Best paying company | BNP Paribas | |
| Best paying industry | Technology | Pharmaceutical |
There are a few differences between a regional product manager and a regional business manager in terms of educational background:
| Regional Product Manager | Regional Business Manager | |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 78% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Southern California |
Here are the differences between regional product managers' and regional business managers' demographics:
| Regional Product Manager | Regional Business Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 77.6% Female, 22.4% | Male, 73.1% Female, 26.9% |
| 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, 3.2% Unknown, 4.4% Hispanic or Latino, 9.8% Asian, 4.1% White, 78.2% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 7% | 7% |