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The differences between senior merchandising managers and senior product managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 8-10 years to become both a senior merchandising manager and a senior product manager. Additionally, a senior product manager has an average salary of $133,868, which is higher than the $111,266 average annual salary of a senior merchandising manager.
The top three skills for a senior merchandising manager include direct reports, digital marketing and SR. The most important skills for a senior product manager are product management, cloud, and product strategy.
| Senior Merchandising Manager | Senior Product Manager | |
| Yearly salary | $111,266 | $133,868 |
| Hourly rate | $53.49 | $64.36 |
| Growth rate | 10% | 10% |
| Number of jobs | 66,332 | 119,025 |
| Job satisfaction | - | 4 |
| Most common degree | Bachelor's Degree, 77% | Bachelor's Degree, 72% |
| Average age | 39 | 39 |
| Years of experience | 10 | 10 |
The primary job of a senior merchandising manager is to monitor market trends for product design, levels, and pricing identification. Senior merchandising managers source, manage and curate the products and/or services and promotional materials of a company. They oversee the purchasing process of corporations. It is part of their job to negotiate with the company's suppliers. Their duties also include predicting the trends and demands of corporate inventory.
A senior product manager oversees the workflow and workforce involved in product and service development, ensuring a high return for its investments. They are primarily responsible for assessing and providing recommendations, producing review and reference documents, and obtaining feedback from consumers and high-ranking company personnel. Furthermore, as a senior product manager, they must lead a group of product managers, motivating and supervising them in their joint effort to accomplish goals according to the company's standards and policies.
Senior merchandising managers and senior product managers have different pay scales, as shown below.
| Senior Merchandising Manager | Senior Product Manager | |
| Average salary | $111,266 | $133,868 |
| Salary range | Between $79,000 And $155,000 | Between $98,000 And $182,000 |
| Highest paying City | San Bruno, CA | San Francisco, CA |
| Highest paying state | California | California |
| Best paying company | Chewy | Roku |
| Best paying industry | Manufacturing | Start-up |
There are a few differences between a senior merchandising manager and a senior product manager in terms of educational background:
| Senior Merchandising Manager | Senior Product Manager | |
| Most common degree | Bachelor's Degree, 77% | Bachelor's Degree, 72% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between senior merchandising managers' and senior product managers' demographics:
| Senior Merchandising Manager | Senior Product Manager | |
| Average age | 39 | 39 |
| Gender ratio | Male, 49.2% Female, 50.8% | Male, 68.5% Female, 31.5% |
| 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% |