Retail product manager vs product owner

The differences between retail product managers and product owners can be seen in a few details. Each job has different responsibilities and duties. It typically takes 8-10 years to become both a retail product manager and a product owner. Additionally, a product owner has an average salary of $97,070, which is higher than the $82,334 average annual salary of a retail product manager.

The top three skills for a retail product manager include digital marketing, product management and powerpoint. The most important skills for a product owner are user stories, acceptance criteria, and product backlog.

Retail product manager vs product owner overview

	Retail Product Manager	Product Owner
Yearly salary	$82,334	$97,070
Hourly rate	$39.58	$46.67
Growth rate	10%	10%
Number of jobs	190,770	129,990
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 68%	Bachelor's Degree, 67%
Average age	39	39
Years of experience	10	10

Retail product manager vs product owner salary

Retail product managers and product owners have different pay scales, as shown below.

	Retail Product Manager	Product Owner
Average salary	$82,334	$97,070
Salary range	Between $48,000 And $139,000	Between $71,000 And $130,000
Highest paying City	San Francisco, CA	San Francisco, CA
Highest paying state	California	California
Best paying company	Apple	ORIX USA
Best paying industry	Retail	Manufacturing

Differences between retail product manager and product owner education

There are a few differences between a retail product manager and a product owner in terms of educational background:

	Retail Product Manager	Product Owner
Most common degree	Bachelor's Degree, 68%	Bachelor's Degree, 67%
Most common major	Business	Business
Most common college	University of Georgia	University of Georgia

Retail product manager vs product owner demographics

Here are the differences between retail product managers' and product owners' demographics:

	Retail Product Manager	Product Owner
Average age	39	39
Gender ratio	Male, 49.6% Female, 50.4%	Male, 64.3% Female, 35.7%
Race ratio	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%	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	10%	10%

Differences between retail product manager and product owner duties and responsibilities

Retail product manager example responsibilities.

Hire and task several industry experts to define customer requirements; manage collection and prioritization of customer requirements and overall VOC.
Lead cross-functional team in pioneering the application/game download ecosystem with the implementation of Java games and generating significant new revenue stream.
Develop and implement PowerPoint and Webinar sales training for all products.
Utilize SQL to support data-driven analysis and decision processes to inform project prioritization, assess feature effectiveness, and troubleshoot issues.
Coordinate with the QA team to develop test plans.
Hire and task several industry experts to define customer requirements; manage collection and prioritization of customer requirements and overall VOC.

Product owner example responsibilities.

Manage remote teams to port core and legacy components into AWS.
Manage a global team to create Java base EDI / XML / XSL mapping suite.
Gather and define requirements for the BSS require to operate and manage the SaaS offerings.
Serve as technical contact for affiliate partners during API integration and create and manage API documentation.
Manage the team to redesign the Java base desktop trading community management product to a web base portal.
Used Microsoft TFS to manage project phases, sprints and burn down chart of various stages of SDLC.

Retail product manager vs product owner skills

Common retail product manager skills

Digital Marketing, 25%
Product Management, 14%
PowerPoint, 12%
Product Development, 7%
Product Lifecycle, 5%
POS, 4%

Common product owner skills

User Stories, 10%
Acceptance Criteria, 7%
Product Backlog, 5%
Analytics, 5%
Product Management, 4%
EPICS, 4%