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The differences between vice presidents, product management and vice presidents-products 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 management and a vice president-products. Additionally, a vice president, product management has an average salary of $183,231, which is higher than the $174,756 average annual salary of a vice president-products.
The top three skills for a vice president, product management include product management, analytics and product strategy. The most important skills for a vice president-products are product management, product strategy, and direct reports.
| Vice President, Product Management | Vice President-Products | |
| Yearly salary | $183,231 | $174,756 |
| Hourly rate | $88.09 | $84.02 |
| Growth rate | 10% | 10% |
| Number of jobs | 185,361 | 76,603 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 72% |
| Average age | 39 | 39 |
| Years of experience | 10 | 10 |
A vice president of product management is responsible for handling the overall operational decisions of product deliverables, creating strategic procedures for product marketing strategy, and ensuring that the outputs provide the highest customer satisfaction. The vice president of product management monitors the department's budget, allocating adequate resources to every team to support operational promotions and research on current market trends. They also adjust product management approaches to meet the company's goals and objectives and identify opportunities to increase revenues and profitability.
A vice president of products is in charge of devising strategies to implement the company's vision and mission when it comes to products and services. Their responsibilities typically revolve around overseeing manufacturing and marketing operations, developing guidelines and roadmaps, and spearheading programs and projects to improve the workflow and workforce performance. Furthermore, they must also perform research and analysis to identify new business and client opportunities, conduct regular performance assessments, and liaise with key clients and distributors in adherence to the company's goals and policies.
Vice presidents, product management and vice presidents-products have different pay scales, as shown below.
| Vice President, Product Management | Vice President-Products | |
| Average salary | $183,231 | $174,756 |
| Salary range | Between $127,000 And $262,000 | Between $116,000 And $261,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | Alaska | Alaska |
| Best paying company | Okta | Aspiration |
| Best paying industry | Start-up | Technology |
There are a few differences between a vice president, product management and a vice president-products in terms of educational background:
| Vice President, Product Management | Vice President-Products | |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 72% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between vice presidents, product management' and vice presidents-products' demographics:
| Vice President, Product Management | Vice President-Products | |
| Average age | 39 | 39 |
| Gender ratio | Male, 80.9% Female, 19.1% | Male, 82.7% Female, 17.3% |
| 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% |