Скільки отримує Junior Product Manager

What does a Junior Product Manager do?

The junior product manager collaborates with the company’s product team in defining the product vision. Junior product managers set the objectives and fundamental results. They build a certain strategic product roadmap which suits the overall strategy of the business. It is part of their job to coordinate activities to market the product. This bridges the gaps between organizational functions and aligns all the teams, including sales, customer support, and marketing.

Junior product manager responsibilities

Here are examples of responsibilities from real junior product manager resumes:

  • Manage COOP/MDF spend and evaluation ROI with advertising dollars.
  • Manage the promotional activity, POS materials elaboration for department stores, and price guidelines.
  • Modernize and manage MSDS labeling system within the division, as part of the development of ISO.
  • Manage marketing budget, evaluates program ROI, and ensure they are in-line with quarterly and annual budgets.
  • Manage encode, streaming bit rate quality, content uploads, meta-tagging, and XML imports for CMS.
  • Patrol agent for Unix is a server process which is deployed on the managed device to monitor it.
  • Create product development packages including specification & technical sketch sheets & negotiate costs.
  • Review and revise all F13/S14 BOM’s to ensure consistency throughout
  • Upload data and images, and perform final layout with HTML tags.
  • Format HTML, RTF and PDF reports, using SAS output delivery system ODS.
  • Create and maintain a wordpress base template website, adjusting any HTML5 and CSS as needed.
  • Work with suppliers and designers to coordinate the creation of product from initial sketch through to production.
  • Involve in the core API team in fixing defects & writing and automating test cases in TestNG framework.
  • Build a framework that converts CSS rules to JSON format and vice-versa, which optimizes the CSSrendering on browser.
  • Follow color and quality approvals, quality issues and embellishments with the use of PLM and highly detail excel charts.

Junior product manager skills and personality traits

We calculated that 20 % of Junior Product Managers are proficient in Project Management , User Stories , and Cloud . They’re also known for soft skills such as Creativity , Organizational skills , and Analytical skills .

We break down the percentage of Junior Product Managers that have these skills listed on their resume here:

  • Project Management , 20 % Gained Project Management experience in bringing a product to market.
  • User Stories , 14 % Write user stories for clinical application feature development and functionality.
  • Cloud , 11 % Cloud platform product Analyzed user research data to understand market needs and made design decisions.
  • Market Research , 9 % Conduct routine competitive analysis and market research of industry players to identify and propose new product features to improve shopping experience.
  • Product Development , 6 % Monitor product development by working closely with engineering team.
  • Product Roadmap , 6 % Facilitated customer feedback and user testing sessions to help validate product roadmap.

Common skills that a junior product manager uses to do their job include “project management,” “user stories,” and “cloud.” You can find details on the most important junior product manager responsibilities below.

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Junior product manager vs. Business development director

A business development director specializes in crafting plans and strategies to develop the relationship between the brand, clients, and other key characters in the industry. It is their responsibility to examine and understand everything about the brand and figure out which areas require improvement or changes. They must also conduct a thorough marketing analysis and remain updated on the latest trends in the market to identify new opportunities that would improve customer satisfaction. Furthermore, they must also communicate with all clients, even appear on public gatherings to strengthen brand awareness.

The annual salary of business development directors is $33,972 higher than the average salary of junior product managers.

While their salaries may differ, the common ground between junior product managers and business development directors are a few of the skills required in each roleacirc;euro;trade;s responsibilities. In both careers, employee duties involve skills like project management, market research, and product development.

While similarities exist, there are also some differences between junior product managers and business development director. For instance, junior product manager responsibilities require skills such as “user stories,” “cloud,” “product roadmap,” and “acceptance criteria.” Whereas a business development director is skilled in “healthcare,” “crm,” “patients,” and “customer relationships.” This is part of what separates the two careers.

Business development directors really shine in the finance industry with an average salary of $124,195. Comparatively, junior product managers tend to make the most money in the finance industry with an average salary of $91,599.

On average, business development directors reach similar levels of education than junior product managers. Business development directors are 3.5% less likely to earn a Master’s Degree and 0.5% more likely to graduate with a Doctoral Degree.

Junior product manager vs. Marketing director

Marketing directors are responsible for the overall branding and marketing direction of the company. They are in charge of identifying goals and strategies related to marketing. They create strategies that cater to the target market of the organization’s products and services to help with sales. They lead the company’s marketing department and create the company’s brand promise. They ensure that all marketing collateral is in line with the rest of the marketing campaigns of the organization. They should be updated on all the current trends in the marketing world.

Marketing director positions earn higher pay than junior product manager roles. They earn a $31,094 higher salary than junior product managers per year.

A few skills overlap for junior product managers and marketing directors. Resumes from both professions show that the duties of each career rely on skills like “project management,” “market research,” and “product development. “

Each career also uses different skills, according to real junior product manager resumes. While junior product manager responsibilities can utilize skills like “user stories,” “cloud,” “product roadmap,” and “acceptance criteria,” marketing directors use skills like “marketing campaigns,” “sales strategies,” “integrated marketing,” and “crm.”

On average, marketing directors earn a higher salary than junior product managers. Some industries support higher salaries in each profession. Interestingly enough, marketing directors earn the most pay in the manufacturing industry with an average salary of $131,349. Whereas junior product managers have higher pay in the finance industry, with an average salary of $91,599.

Marketing directors earn lower levels of education than junior product managers in general. They’re 7.5% less likely to graduate with a Master’s Degree and 0.5% less likely to earn a Doctoral Degree.

Junior product manager vs. Partner

A business partner is responsible for providing strategies and recommendations on how the business will operate, increasing its revenues while sharing profits. Business partners must have extensive knowledge of how the current market industry works to identify the best decisions for the business. A business partner should also be engaged in suggesting new services and offers that the company might consider for its clients. Business partners must also keep the confidentiality of their partnering business administration at all times.

On average, partners earn lower salaries than junior product managers, with a $7,693 difference per year.

Using the responsibilities included on junior product managers and partners resumes, we found that both professions have similar skill requirements, such as “project management,” “market research,” and “product development.rdquo;

There are many key differences between these two careers, including some of the skills required to perform responsibilities within each role. For example, a junior product manager is likely to be skilled in “user stories,” “cloud,” “product roadmap,” and “market trends,” while a typical partner is skilled in “patients,” “customer service,” “healthcare,” and “patient care.”

Partners typically earn lower educational levels compared to junior product managers. Specifically, they’re 9.0% less likely to graduate with a Master’s Degree, and 9.8% less likely to earn a Doctoral Degree.

Junior product manager vs. Business development executive

A business development executive serves as a senior manager who drives company sales. Business development executives convince existing clients to buy more offerings and also source new clients. The focus of their job is on lead generation, prospect management, and customer acquisition. They collaborate with management in terms of sales objectives, planning, and prediction. The skills necessary for this job include customer service and relations, time management, strong written communication, and sales process experience.

Business development executives typically earn higher pay than junior product managers. On average, business development executives earn a $14,059 higher salary per year.

While both junior product managers and business development executives complete day-to-day tasks using similar skills like project management, cloud, and market research, the two careers vary in some skills.

Each job also requires different skills to carry out their responsibilities. A junior product manager uses “user stories,” “product roadmap,” “digital marketing,” and “acceptance criteria.” Business development executives are more likely to have duties that require skills in “digital transformation,” “customer service,” “client relationships,” and “crm. “

Business development executives enjoy the best pay in the pharmaceutical industry, with an average salary of $112,177. For comparison, junior product managers earn the highest salary in the finance industry.

The average resume of business development executives showed that they earn similar levels of education compared to junior product managers. So much so that theyacirc;euro;trade;re 5.0% less likely to earn a Master’s Degree and less likely to earn a Doctoral Degree by 0.2%.

Junior Product Manager Role, Job Description & Skills To Look For

A junior product manager is responsible for supporting the product manager in developing and launching new products. They often interact with data, customers, and other stakeholders to get inspired with new ideas and ways to improve the product suite.

While it’s an exciting time to hire more people onto your team, some wonder if it’s the right time to take the plunge and hire a junior product manager. After all, they aren’t seen as a need compared to a senior product manager or product owner. However, there are a lot of benefits to expanding your product team.

When to hire a junior product manager?

Responsibilities of product management entry-level employees can vary slightly depending on the needs of an organization. Technical skills may be required for some jobs, while others are willing to teach them on the job.

Regardless of what your organization decides is best, here are some main responsibilities that are usually associated with junior product managers:

  • Collaborating with product team members to define the product vision and product strategy
  • Researching the target market and buyer persona
  • Speaking to customers to gather feedback
  • Developing the product roadmap and product requirements
  • Analyzing data for problems and potential solutions
  • Working with other departments to ensure product deadlines are met
  • Preparing for product launches

6 skills to look for in a jr product manager

Communication skills

Excellent communication skills are necessary since junior product managers frequently interact with stakeholders. They may need to communicate between the software engineering team and marketing managers, present to upper management to pitch new features or functionality, or interview customers about their user experience. Candidates need to have written and verbal communication skills.

Project management

One hard skill that may benefit your organization is project management. The ability to lead a team through tasks and meet deadlines is critical to ensuring product development happens on time. You may also want to look for other hard skills like market research or development experience.

Willing to learn

An entry-level position like a junior product manager means that candidates will have a lot to learn. You should gauge a candidate’s willingness to learn from others and gain new skills. This will help ensure their success in their role while also helping to build the company’s goals overall.

Decision-making abilities

Junior product managers have to have excellent decision-making skills. You want a candidate that has the confidence to make their own decisions without needing input on every little aspect of a project. Product managers often have to justify decisions they make and this is a necessary skill. For example, product managers may need to present why a feature should be built over another feature and present why they made that decision.

Business knowledge

It may be beneficial to have a junior product manager that understands the business, industry, marketing, sales, and more. This kind of knowledge will empower junior managers to discover problems and provide solutions within the organization.

Creativity and innovation

While not easily quantifiable, junior product managers need creativity and innovation in their roles. An organization’s product suite often needs updating or new products. Having a junior manager that’s not afraid to be different and come up with new ideas is a huge asset to your company.

4 tips to write a junior product manager job description

Sometimes it’s a little daunting to create a job description for a new or revamped role. It’s important to consult with managers to determine what job responsibilities will fall on junior product managers before you begin writing. Here are 4 other tips to consider when writing a job description.

Choose a clear job title

Clever titles seem like fun, but you may miss out on prime candidates if they don’t understand the job title. Choose a job title that easily portrays what position you are trying to fill within your company. This will make it easier for job seekers to find you on search engines or get a job alert.

Describe the projects & work environment

At this point, you need to entice someone to work for you. If you want ideal candidates, you can’t put out a virtual “We’re hiring!” sign and expect it to be good enough. It’s time to describe the day-to-day life of a junior product manager at your organization. Answer questions about what type of projects they would be working on, who would they be working with, and what makes your company a great place to work.

List the skills needed

Make a thorough list of the skills a person would need to succeed as a junior product manager. While you could ask your current product manager for what skill set they would need, you can also review this list of skills:

  • Analysis skills: Junior product managers often analyze data for industry trends, customer interactions, and sales performance. Product analysis is a key skill that is necessary for junior product managers.
  • Collaboration skills: Junior team members often work with a variety of stakeholders, including senior management, cross-functional teams, and each other. The ability to collaborate with others will help build products.
  • Sales and marketing skills: Since product managers often have responsibility for product positioning, they must understand marketing and sales. This skill set will help product management create products that stand out in the marketplace.
  • Organizational skills: Junior product managers may often need project management skills to ensure they meet deadlines and launch products on time.

Don’t forget job requirements

There may be a few *must-haves* on your wishlist, and you shouldn’t forget to add them to your job description. Consider adding job requirements like:

  • Education: What type of education or degree does a candidate need? You may want to consider possible majors like business administration or software development. Alternatively, you could widen the job applicant pool by asking for equivalent experience instead of a bachelor’s degree.
  • Experience: This is a junior role and applicants may have limited experience. You may want them to list out any experience in areas like business analysis or project management.

What is the average junior product manager salary?

The median junior product manager’s salary is $69,832. Keep in mind that this is for a full-time entry-level position. After a few years of experience, product managers expect an increase and can earn a median salary of $111,599. There’s a lot of growth potential in this field.

You should also remember that many factors could influence a salary. Some of these factors include location, living expenses, experience, and industry. Depending on your organization, you may want to consider these factors before hiring a junior product manager.

For example, New York organizations may need to pay a higher salary than organizations in Kansas. Living expenses in New York can be a lot higher, and a salary should reflect the quality of living.

Key Takeaways about junior product manager jobs

Whether it’s your first junior product manager or your second hire for this position, it’s important to accurately portray the job and its responsibilities. This will ensure that you attract the right candidates and find the perfect fit for the junior product manager position.

Knowing which skills you may need will help you write the job description, conduct an interview, and eventually hire. You can still get competitive candidates for entry-level positions if you can show why someone should work for you.

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