Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between vice presidents product development and marketing vice presidents 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 product development and a marketing vice president. Additionally, a marketing vice president has an average salary of $177,188, which is higher than the $168,835 average annual salary of a vice president product development.
The top three skills for a vice president product development include product development, R and analytics. The most important skills for a marketing vice president are digital marketing, analytics, and marketing campaigns.
| Vice President Product Development | Marketing Vice President | |
| Yearly salary | $168,835 | $177,188 |
| Hourly rate | $81.17 | $85.19 |
| Growth rate | 10% | 10% |
| Number of jobs | 180,783 | 111,356 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 77% |
| Average age | 39 | 39 |
| Years of experience | 10 | 10 |
A vice president for product development is responsible for leading the product development team in the execution of development activities to enhance the product's brand image in the market and achieve the sales performance target. Vice presidents for product development monitor the product development techniques from the conceptualization to the final execution and market release. They also handle the budget and resource allocation to support product development operations, ensuring that the outputs meet the quality standards and timetables.
Marketing vice presidents (VPs) are responsible for a company's overall marketing efforts and strategies. They plan and develop marketing strategies to bolster their company's market positioning and attain business goals. In addition, they are responsible for overseeing and coaching a marketing team and driving the implementation of marketing campaigns. Marketing VPs also direct and support the collection, analysis, and interpretation of market data market research, and manage marketing expenditures and budgets. The qualifications and requirements for this position include a master's degree in marketing or communication, previous work experience, and outstanding leadership skills.
Vice presidents product development and marketing vice presidents have different pay scales, as shown below.
| Vice President Product Development | Marketing Vice President | |
| Average salary | $168,835 | $177,188 |
| Salary range | Between $109,000 And $259,000 | Between $121,000 And $258,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | Washington | Oregon |
| Best paying company | Coty | |
| Best paying industry | Technology | Retail |
There are a few differences between a vice president product development and a marketing vice president in terms of educational background:
| Vice President Product Development | Marketing Vice President | |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 77% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between vice presidents product development' and marketing vice presidents' demographics:
| Vice President Product Development | Marketing Vice President | |
| Average age | 39 | 39 |
| Gender ratio | Male, 78.1% Female, 21.9% | Male, 64.4% Female, 35.6% |
| 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% |