Product Manager (Tech) Career Path in 2024

Product Manager (Tech) Career Overview

Job Description:
  • Plan, direct, or coordinate marketing policies and programs, such as determining the demand for products and services offered by a firm and its competitors, and identify potential customers.
  • Develop pricing strategies with the goal of maximizing the firm's profits or share of the market while ensuring the firm's customers are satisfied.
  • Oversee product development or monitor trends that indicate the need for new products and services.

Product Manager (Tech) U.S. Salary in 2024

Annual Median Salary: $140,040
Hourly Median Wage: $67.33

Data sourced from O*NET Online, provided by the BLS Occupational Employment and Wage Statistics wage estimates.

Projected Job Openings for Product Manager (Tech)s by 2031

Projected Growth Rate in Job Openings by 2031: 10%

Data sourced from CareerOneStop, provided by the U.S. Department of Labor.

Typical Tasks for Product Manager (Tech)s

  • Evaluate the financial aspects of product development, such as budgets, expenditures, research and development appropriations, or return-on-investment and profit-loss projections.

  • Formulate, direct, or coordinate marketing activities or policies to promote products or services, working with advertising or promotion managers.

  • Identify, develop, or evaluate marketing strategy, based on knowledge of establishment objectives, market characteristics, and cost and markup factors.

Technologies and Skills Used by Product Manager (Tech)s

Data base user interface and query software

  • Airtable
  • MySQL

Video creation and editing software

  • TikTok
  • YouTube

Web platform development software

  • Oracle JavaServer Pages JSP
  • Ruby on Rails

Basic Skills

  • Figuring out how to use new ideas or things
  • Listening to others, not interrupting, and asking good questions

People and Technology Systems

  • Measuring how well a system is working and how to improve it
  • Thinking about the pros and cons of different options and picking the best one

Problem Solving

  • Noticing a problem and figuring out the best way to solve it

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