1. What is the average salary of a Product Marketing Manager?
The average annual salary of Product Marketing Manager is $143,233.
In case you are finding an easy salary calculator,
the average hourly pay of Product Marketing Manager is $69;
the average weekly pay of Product Marketing Manager is $2,754;
the average monthly pay of Product Marketing Manager is $11,936.
2. Where can a Product Marketing Manager earn the most?
A Product Marketing Manager's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer.
According to the latest salary data by Salary.com, a Product Marketing Manager earns the most in San Jose, CA, where the annual salary of a Product Marketing Manager is $179,753.
3. What is the highest pay for Product Marketing Manager?
The highest pay for Product Marketing Manager is $175,443.
4. What is the lowest pay for Product Marketing Manager?
The lowest pay for Product Marketing Manager is $112,551.
5. What are the responsibilities of Product Marketing Manager?
The Product Marketing Manager analyzes brand performance, brand competitiveness, and product trends in the marketplace and develops strategies for assigned brand based on research and analysis. Manages, develops, and implements marketing activities to maximize sales of an assigned brand. Being a Product Marketing Manager ensures product and brand initiatives support the organization's public image. Works with sales teams to identify and implement appropriate sales strategies. In addition, Product Marketing Manager may require a bachelor's degree. Typically reports to a senior manager. The Product Marketing Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Working as a Product Marketing Manager typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes.
6. What are the skills of Product Marketing Manager
Specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
1.)
Initiative: Taking decisive action and initiating plans independently to address problems, improve professional life, and achieve goals.
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Marketing Communications: Marketing communications (MC, marcom(s), marcomm(s)) uses different marketing channels and tools in combination: Marketing communication channels focus on any way a business communicates a message to its desired market, or the market in general. A marketing communication tool can be anything from: advertising, personal selling, direct marketing, sponsorship, communication, and promotion to public relations. MC are made up of the marketing mix which is made up of 4P's: Price, Promotion, Place and Product, for a business selling goods, and made up of 7P's: Price, Promotion, Place, Product, People, Physical evidence and Process, for a service based business.
3.)
New Product Development: In business and engineering, new product development (NPD) covers the complete process of bringing a new product to market. A central aspect of NPD is product design, along with various business considerations. New product development is described broadly as the transformation of a market opportunity into a product available for sale. The product can be tangible (something physical which one can touch) or intangible (like a service, experience, or belief), though sometimes services and other processes are distinguished from "products." NPD requires an understanding of customer needs and wants, the competitive environment, and the nature of the market. Cost, time and quality are the main variables that drive customer needs. Aiming at these three variables, innovative companies develop continuous practices and strategies to better satisfy customer requirements and to increase their own market share by a regular development of new products. There are many uncertainties and challenges which companies must face throughout the process. The use of best practices and the elimination of barriers to communication are the main concerns for the management of the NPD .[citation needed]