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The differences between vice presidents, products & marketing and vice presidents product development 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, products & marketing and a vice president product development. Additionally, a vice president, products & marketing has an average salary of $177,203, which is higher than the $168,835 average annual salary of a vice president product development.
The top three skills for a vice president, products & marketing include digital marketing, product management and go-to-market strategy. The most important skills for a vice president product development are product development, R, and analytics.
| Vice President, Products & Marketing | Vice President Product Development | |
| Yearly salary | $177,203 | $168,835 |
| Hourly rate | $85.19 | $81.17 |
| Growth rate | 10% | 10% |
| Number of jobs | 140,637 | 180,783 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 71% |
| Average age | 39 | 39 |
| Years of experience | 10 | 10 |
A vice president of products & marketing is primarily in charge of implementing the company's policies and regulations, developing new ones when necessary. As vice president, it is their duty to establish goals and guidelines, liaise with key external parties, manage product roadmaps, coordinate managers, and present progress report to the president and other higher-ranking officials. They must also oversee the progress of product and marketing programs, ensuring efficiency and significant results. Moreover, there are instances where they must address the public, including the media, representing the company's behalf.
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.
Vice presidents, products & marketing and vice presidents product development have different pay scales, as shown below.
| Vice President, Products & Marketing | Vice President Product Development | |
| Average salary | $177,203 | $168,835 |
| Salary range | Between $125,000 And $251,000 | Between $109,000 And $259,000 |
| Highest paying City | Seattle, WA | San Francisco, CA |
| Highest paying state | Washington | Washington |
| Best paying company | Okta | |
| Best paying industry | Technology | Technology |
There are a few differences between a vice president, products & marketing and a vice president product development in terms of educational background:
| Vice President, Products & Marketing | Vice President Product Development | |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 71% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between vice presidents, products & marketing' and vice presidents product development' demographics:
| Vice President, Products & Marketing | Vice President Product Development | |
| Average age | 39 | 39 |
| Gender ratio | Male, 73.6% Female, 26.4% | Male, 78.1% Female, 21.9% |
| 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% |