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The differences between regional product managers and vice presidents, product management 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 vice president, product management takes usually requires 8-10 years. Additionally, a vice president, product management has an average salary of $183,231, 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 vice president, product management are product management, analytics, and product strategy.
| Regional Product Manager | Vice President, Product Management | |
| Yearly salary | $111,928 | $183,231 |
| Hourly rate | $53.81 | $88.09 |
| Growth rate | 5% | 10% |
| Number of jobs | 168,499 | 185,361 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 70% |
| 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 vice president of product management is responsible for handling the overall operational decisions of product deliverables, creating strategic procedures for product marketing strategy, and ensuring that the outputs provide the highest customer satisfaction. The vice president of product management monitors the department's budget, allocating adequate resources to every team to support operational promotions and research on current market trends. They also adjust product management approaches to meet the company's goals and objectives and identify opportunities to increase revenues and profitability.
Regional product managers and vice presidents, product management have different pay scales, as shown below.
| Regional Product Manager | Vice President, Product Management | |
| Average salary | $111,928 | $183,231 |
| Salary range | Between $77,000 And $162,000 | Between $127,000 And $262,000 |
| Highest paying City | North Brunswick, NJ | San Francisco, CA |
| Highest paying state | New Jersey | Alaska |
| Best paying company | Okta | |
| Best paying industry | Technology | Start-up |
There are a few differences between a regional product manager and a vice president, product management in terms of educational background:
| Regional Product Manager | Vice President, Product Management | |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 70% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Georgia |
Here are the differences between regional product managers' and vice presidents, product management' demographics:
| Regional Product Manager | Vice President, Product Management | |
| Average age | 46 | 39 |
| Gender ratio | Male, 77.6% Female, 22.4% | Male, 80.9% Female, 19.1% |
| 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% |