What is a Retail Product Manager

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.

What Does a Retail Product Manager Do

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.

Learn more about what a Retail Product Manager does

How To Become a Retail Product Manager

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.

What is the right job for my career path?

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And if you’re looking for a job, here are the five top employers hiring now:

  1. Citigroup Jobs (2)
  2. Best Buy Jobs (2)
  3. Great Clips Jobs (2)
  4. Expedia Group Jobs (2)
  5. Sears Holdings Jobs (4)
Average Salary
$109,522
Average Salary
Job Growth Rate
8%
Job Growth Rate
Job Openings
206,095
Job Openings
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Retail Product Manager Career Paths

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Average Salary for a Retail Product Manager

Retail Product Managers in America make an average salary of $109,522 per year or $53 per hour. The top 10 percent makes over $168,000 per year, while the bottom 10 percent under $71,000 per year.
Average Salary
$109,522
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Retail Product Manager Demographics

Retail Product Manager Gender Statistics

female

50.4 %

male

49.6 %

Retail Product Manager Ethnicity Statistics

White

71.8 %

Hispanic or Latino

11.6 %

Asian

9.6 %

Retail Product Manager Foreign Languages Spoken Statistics

Spanish

36.4 %

Russian

18.2 %

Portuguese

9.1 %
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Retail Product Manager Education

Retail Product Manager Majors

36.8 %
10.4 %

Retail Product Manager Degrees

Bachelors

68.4 %

Masters

14.5 %

Associate

10.5 %

Top Colleges for Retail Product Managers

1. University of Georgia

Athens, GA • Private

In-State Tuition
$11,830
Enrollment
29,474

2. University of Wisconsin - Madison

Madison, WI • Private

In-State Tuition
$10,555
Enrollment
30,360

3. University of Minnesota - Twin Cities

Minneapolis, MN • Private

In-State Tuition
$14,760
Enrollment
31,451

4. Purdue University

West Lafayette, IN • Private

In-State Tuition
$9,992
Enrollment
33,495

5. Howard University

Washington, DC • Private

In-State Tuition
$26,756
Enrollment
6,166

6. Ohio State University

Columbus, OH • Private

In-State Tuition
$10,726
Enrollment
45,769

7. University of Texas at Austin

Austin, TX • Private

In-State Tuition
$10,610
Enrollment
40,329

8. University of Southern California

Los Angeles, CA • Private

In-State Tuition
$56,225
Enrollment
19,548

9. University of Pennsylvania

Philadelphia, PA • Private

In-State Tuition
$55,584
Enrollment
10,764

10. SUNY at Binghamton

Vestal, NY • Private

In-State Tuition
$9,808
Enrollment
13,990
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Online Courses For Retail Product Manager That You May Like

Become a Product Marketing Manager Product Management
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Product Marketing Strategy: Marketing New Product: Product to Market: Product Promotion: New Product Launch Strategy...

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Case-based practical course on product management to build strong foundations in product concepts, process & frameworks...

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Learn to become a more strategic product manager - and have a greater impact on your company and your products...

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Top Skills For a Retail Product Manager

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.

Best States For a Retail Product Manager

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

Total Retail Product Manager Jobs:
3,149
Highest 10% Earn:
$172,000
Location Quotient:
1.48
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

2. Rhode Island

Total Retail Product Manager Jobs:
357
Highest 10% Earn:
$194,000
Location Quotient:
1.01
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

3. Oregon

Total Retail Product Manager Jobs:
1,522
Highest 10% Earn:
$165,000
Location Quotient:
1.26
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here
Full List Of Best States For Retail Product Managers

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Top Retail Product Manager Employers

Most Common Employers For Retail Product Manager

RankCompanyZippia ScoreAverage Retail Product Manager SalaryAverage Salary
1$158,565
2$129,563
3$123,987
4$121,202
5$116,700
6$113,518

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