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Vice president of new business development vs product manager

The differences between vice presidents of new business development and 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 vice president of new business development and a product manager. Additionally, a product manager has an average salary of $111,729, which is higher than the $42,393 average annual salary of a vice president of new business development.

The top three skills for a vice president of new business development include business development, and . The most important skills for a product manager are product management, QA, and product strategy.

Vice president of new business development vs product manager overview

Vice President Of New Business DevelopmentProduct Manager
Yearly salary$42,393$111,729
Hourly rate$20.38$53.72
Growth rate10%10%
Number of jobs120,803125,678
Job satisfaction-5
Most common degreeBachelor's Degree, 73%Bachelor's Degree, 72%
Average age3939
Years of experience1010

Vice president of new business development vs product manager salary

Vice presidents of new business development and product managers have different pay scales, as shown below.

Vice President Of New Business DevelopmentProduct Manager
Average salary$42,393$111,729
Salary rangeBetween $29,000 And $60,000Between $81,000 And $152,000
Highest paying City-San Francisco, CA
Highest paying state-California
Best paying company-Meta
Best paying industry-Retail

Differences between vice president of new business development and product manager education

There are a few differences between a vice president of new business development and a product manager in terms of educational background:

Vice President Of New Business DevelopmentProduct Manager
Most common degreeBachelor's Degree, 73%Bachelor's Degree, 72%
Most common majorBusinessBusiness
Most common collegeNorthwestern UniversityUniversity of Georgia

Vice president of new business development vs product manager demographics

Here are the differences between vice presidents of new business development' and product managers' demographics:

Vice President Of New Business DevelopmentProduct Manager
Average age3939
Gender ratioMale, 55.6% Female, 44.4%Male, 65.3% Female, 34.7%
Race ratioBlack 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 Percentage10%10%

Differences between vice president of new business development and product manager duties and responsibilities

Vice president of new business development example responsibilities.

  • Leverage in-depth knowledge of complex manage security solutions as well as extensive technical knowledge of security hardware and software.
  • Implement and customize CRM database used to manage all development activities.
  • Interview and screen potential candidates for technical positions within multiple DOD contracts.
  • Ensure company registration with main oil & gas clients, EPC contractors, and governmental bodies.
  • Source appropriate EPC companies and vendors of international repute and obtain representation and distributorship for all holding companies of Omzest.
  • Leverage market knowledge and expertise to facilitate customers maximizing their return on investment for oil and gas exploration and production.

Product manager example responsibilities.

  • Lead collaborative efforts within the PMO, vendors, customers, and internal stakeholders.
  • Manage developers accountable for coding, database development, UI implementation, and system architecture.
  • Manage inventory service levels / overstocks /defective inventory and supplier buy-in opportunities to maximize ROI.
  • Lead customization of the company's administrative SaaS software solution by defining features and functionality for internal/external stakeholder teams.
  • Lead weekly meetings between engineering, sales/marketing, and QA departments to facilitate communication, collaboration and resolution of product issues.
  • Handle design and specification of administration system requirements to efficiently manage, operate, and support client API configurations and sessions.
  • Show more

Vice president of new business development vs product manager skills

Common vice president of new business development skills
  • Business Development, 100%
Common product manager skills
  • Product Management, 11%
  • QA, 5%
  • Product Strategy, 5%
  • Project Management, 4%
  • Market Research, 4%
  • User Stories, 4%

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