How much does a Product Manager III make in Minnesota? The average Product Manager III salary in Minnesota is $128,437 as of March 26, 2024, but the range typically falls between $114,422 and $143,615. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

Product Manager III Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Product Manager III Salary $101,662 MN March 26, 2024
25th Percentile Product Manager III Salary $114,422 MN March 26, 2024
50th Percentile Product Manager III Salary $128,437 MN March 26, 2024
75th Percentile Product Manager III Salary $143,615 MN March 26, 2024
90th Percentile Product Manager III Salary $157,434 MN March 26, 2024
25% $114,422 10% $101,662 90% $157,434 75% $143,615 $128,437 50%(Median) Didn’t find job title? Click
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What skills does a Product Manager III need?

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.

Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.

2.

Product Marketing: Product marketing is a process of promoting and selling a product to a customer. Also product marketing is defined as being the intermediary function between product development and increasing brand awareness. For example, product management deals with the basics of product development within a firm, whereas product marketing deals with marketing the product to prospects, customers, and others. Product marketing, as a job function within a firm, also differs from other marketing jobs such as social media marketing, marketing communications ("marcom"), online marketing, advertising, marketing strategy, and public relations, although product marketers may use channels such as online for outbound marketing for their product. A product market is something that is referred to when pitching a new product to the general public. Product market definition focuses on a narrow statement: the product type, customer needs (functional needs), customer type, and geographic area.

3.

B2B: B2B (business-to-business), a type of electronic commerce (e-commerce), is the exchange of products, services or information between businesses, rather than between businesses and consumers (B2C).

Analysis 4.82%
Product Marketing 1.9%
B2B 1.28%
Others 92%

Job Description for Product Manager III

Product Manager III guides and manages the lifecycle of new technology products or feature enhancements. Develops product concepts and designs to facilitate market needs and user requirements. Being a Product Manager III conducts research and develops a good understanding of the customer's needs, new technologies, trends in the market, and competitors. Develops requirements documents, functional specifications, and mock-ups to clearly illustrate product ideas and concepts. Additionally, Product Manager III participates in all phases of the product development lifecycle, including analysis, design, testing, and integration of products and introducing products to the market. Requires a bachelor's degree. Typically reports to a manager. The Product Manager III work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. To be a Product Manager III typically requires 4-7 years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Product Manager III in Minnesota

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Location Avg. Salary Date Updated
Location Lakeville, MN Avg. Salary $132,329 Date Updated March 26, 2024
Location Minnetonka, MN Avg. Salary $133,208 Date Updated March 26, 2024
Location Ada, MN Avg. Salary $118,644 Date Updated March 26, 2024
Location Adams, MN Avg. Salary $124,670 Date Updated March 26, 2024
Location Adolph, MN Avg. Salary $121,281 Date Updated March 26, 2024
Location Adrian, MN Avg. Salary $112,115 Date Updated March 26, 2024
Location Afton, MN Avg. Salary $132,203 Date Updated March 26, 2024
Location Ah Gwah Ching, MN Avg. Salary $120,527 Date Updated March 26, 2024
Location Aitkin, MN Avg. Salary $121,406 Date Updated March 26, 2024
Location Akeley, MN Avg. Salary $120,653 Date Updated March 26, 2024

Career Path for Product Manager III

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Product Manager III, the upper level is Product Manager IV and then progresses to Product Manager V.

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Jobs with a similar salary range to Product Manager III : Product Planning Manager

Product Manager III Salary in Minnesota
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