There is more than meets the eye when it comes to being a Retail Product Manager. For example, did you know that they make an average of $52.65 an hour? That's $109,522 a year!
Between 2018 and 2028, the career is expected to grow 8% and produce 21,800 job opportunities across the U.S.
There are certain skills that many Retail Product Managers have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed Creativity, Interpersonal skills and Organizational skills.
If you're interested in becoming a Retail Product Manager, one of the first things to consider is how much education you need. We've determined that 68.4% of Retail Product Managers have a bachelor's degree. In terms of higher education levels, we found that 14.5% of Retail Product Managers have master's degrees. Even though most Retail Product Managers have a college degree, it's possible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become a Retail Product Manager. When we researched the most common majors for a Retail Product Manager, we found that they most commonly earn Bachelor's Degree degrees or Master's Degree degrees. Other degrees that we often see on Retail Product Manager resumes include Associate Degree degrees or High School Diploma degrees.
You may find that experience in other jobs will help you become a Retail Product Manager. In fact, many Retail Product Manager jobs require experience in a role such as Product Manager. Meanwhile, many Retail Product Managers also have previous career experience in roles such as Store Manager or Project Manager.
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In addition to switching up your job search, it might prove helpful to look at a career path for your specific job. Now, what's a career path you ask? Well, it's practically a map that shows how you might advance from one job title to another. Our career paths are especially detailed with salary changes. So, for example, if you started out with the role of Store Manager you might progress to a role such as Marketing Director eventually. Later on in your career, you could end up with the title Regional Marketing Director.
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Product Marketing Strategy: Marketing New Product: Product to Market: Product Promotion: New Product Launch Strategy...
Case-based practical course on product management to build strong foundations in product concepts, process & frameworks...
Learn to become a more strategic product manager - and have a greater impact on your company and your products...
The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 14.4% of Retail Product Managers listed Business Process on their resume, but soft skills such as Creativity and Interpersonal skills are important as well.
Some places are better than others when it comes to starting a career as a Retail Product Manager. The best states for people in this position are Rhode Island, Washington, Oregon, and Maryland. Retail Product Managers make the most in Rhode Island with an average salary of $123,312. Whereas in Washington and Oregon, they would average $116,547 and $113,245, respectively. While Retail Product Managers would only make an average of $110,724 in Maryland, you would still make more there than in the rest of the country. We determined these as the best states based on job availability and pay. By finding the median salary, cost of living, and using the Bureau of Labor Statistics' Location Quotient, we narrowed down our list of states to these four.
1. Washington
$116,547
Avg. Salary
2. Rhode Island
$123,312
Avg. Salary
3. Oregon
$113,245
Avg. Salary