Working as 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 $49.11 an hour? That's $102,157 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 analytical skills, leadership skills and creativity.

When it comes to the most important skills required to be a retail product manager, we found that a lot of resumes listed 32.1% of retail product managers included product development, while 13.5% of resumes included business requirements, and 9.8% of resumes included powerpoint. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.

When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the retail product manager job title. But what industry to start with? Most retail product managers actually find jobs in the technology and hospitality industries.

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 30.6% of retail product managers have a bachelor's degree. In terms of higher education levels, we found that 34.7% 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 master's degree degrees or bachelor's degree degrees. Other degrees that we often see on retail product manager resumes include high school diploma degrees or associate degree 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 project manager or store manager.

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Average Salary$102,157
Job Growth Rate8%

Retail Product Manager Jobs

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 $102,157 per year or $49 per hour. The top 10 percent makes over $172,000 per year, while the bottom 10 percent under $60,000 per year.
Average Salary
$102,157

Best Paying Cities

City
Average Salary

Recently Added Salaries

Job TitleCompanyCompanyStart DateSalary
Product Manager, Retail Media
Product Manager, Retail Media
Criteo Corp
Criteo Corp
06/18/2019
06/18/2019
$118,29006/18/2019
$118,290
Head of Product Innovation, Retail
Head of Product Innovation, Retail
Kaplan Inc.
Kaplan Inc.
11/30/2018
11/30/2018
$190,00011/30/2018
$190,000
Retail Product Manager
Retail Product Manager
Chef'd Inc.
Chef'd Inc.
03/22/2018
03/22/2018
$60,00003/22/2018
$60,000
Product Manager, Retail Shopper Collaboration Program
Product Manager, Retail Shopper Collaboration Program
Information Resources, Inc.
Information Resources, Inc.
12/05/2016
12/05/2016
$96,49112/05/2016
$96,491
Product Manager-Retail Faucets
Product Manager-Retail Faucets
Kohler Company
Kohler Company
04/28/2016
04/28/2016
$101,90004/28/2016
$101,900
See More Recent Salaries

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Retail Product Manager Demographics

Gender

Female

49.2 %

Male

47.1 %

Unknown

3.8 %
Ethnicity

White

61.7 %

Hispanic or Latino

15.1 %

Black or African American

10.5 %
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Foreign Languages Spoken

Spanish

36.4 %

Russian

18.2 %

Portuguese

9.1 %
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Retail Product Manager Education

Schools

University of Minnesota - Twin Cities

8.0 %

Florida Institute of Technology-Melbourne

8.0 %

Salve Regina University

8.0 %

Baldwin-Wallace College

8.0 %
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Majors

Business

25.0 %

Management

14.3 %

Music

5.4 %

English

5.4 %
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Degrees

Masters

34.7 %

Bachelors

30.6 %

High School Diploma

15.3 %

Associate

11.1 %
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Entry Level Jobs For Becoming A Retail Product Manager

Job type you want
Full Time
Part Time
Internship
Temporary

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, 32.1% of retail product managers listed product development on their resume, but soft skills such as analytical skills and leadership 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 New York, New Jersey, Washington, and Virginia. Retail product managers make the most in New York with an average salary of $124,729. Whereas in New Jersey and Washington, they would average $121,705 and $115,585, respectively. While retail product managers would only make an average of $113,791 in Virginia, 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. New York

Total Retail Product Manager Jobs:
2,438
Highest 10% Earn:
$215,000
Location Quotient:
1.24
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. New Jersey

Total Retail Product Manager Jobs:
1,378
Highest 10% Earn:
$210,000
Location Quotient:
1.19
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. Washington

Total Retail Product Manager Jobs:
1,911
Highest 10% Earn:
$183,000
Location Quotient:
1.74
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
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Top Retail Product Manager Employers

1. Custom Service Systems
4.1
Avg. Salary: 
$38,844
Retail Product Managers Hired: 
26+
2. Lowe's
4.6
Avg. Salary: 
$36,137
Retail Product Managers Hired: 
5+
3. Sears Holdings
4.2
Avg. Salary: 
$35,226
Retail Product Managers Hired: 
4+
4. NCR
4.8
Avg. Salary: 
$80,605
Retail Product Managers Hired: 
3+
5. HIT ENTERTAINMENT
4.6
Avg. Salary: 
$78,508
Retail Product Managers Hired: 
3+
6. HP
4.8
Avg. Salary: 
$88,383
Retail Product Managers Hired: 
3+

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Recently Added Retail Product Manager Jobs

Updated October 2, 2020