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The differences between video product managers and product development 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 video product manager and a product development manager. Additionally, a video product manager has an average salary of $121,097, which is higher than the $113,437 average annual salary of a product development manager.
The top three skills for a video product manager include product roadmap, product development and video content. The most important skills for a product development manager are product development, project management, and lifecycle management.
| Video Product Manager | Product Development Manager | |
| Yearly salary | $121,097 | $113,437 |
| Hourly rate | $58.22 | $54.54 |
| Growth rate | 10% | 10% |
| Number of jobs | 103,602 | 166,871 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 58% | Bachelor's Degree, 73% |
| Average age | 39 | 39 |
| Years of experience | 10 | 10 |
A video project manager is responsible for managing a team for video assets. He/She manages projects, product road maps, and technological resources. They are involved in carrying out market and competitive analysis to get the minimum viable product and to create forecasts and settling on pricing. In addition to other duties, they may also be expected to maximize product quality by spearheading the QA process.
A product development manager spearheads the development of new products within a company. Most of the time, their responsibilities revolve around conducting marketing research and analysis to determine consumers' needs, coordinating with the product development team to come up with new ideas, proposing business plans to the executives, and creating prototypes. A product development manager must also present a cost analysis, produce progress reports, and address inquiries and concerns. Furthermore, as a manager, it is essential to lead and encourage the staff, all while adhering to the company's policies and regulations.
Video product managers and product development managers have different pay scales, as shown below.
| Video Product Manager | Product Development Manager | |
| Average salary | $121,097 | $113,437 |
| Salary range | Between $83,000 And $175,000 | Between $84,000 And $152,000 |
| Highest paying City | Seattle, WA | San Francisco, CA |
| Highest paying state | Washington | Nevada |
| Best paying company | Meta | |
| Best paying industry | Technology | Retail |
There are a few differences between a video product manager and a product development manager in terms of educational background:
| Video Product Manager | Product Development Manager | |
| Most common degree | Bachelor's Degree, 58% | Bachelor's Degree, 73% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between video product managers' and product development managers' demographics:
| Video Product Manager | Product Development Manager | |
| Average age | 39 | 39 |
| Gender ratio | Male, 63.2% Female, 36.8% | Male, 62.2% Female, 37.8% |
| 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% |