Would you prefer to know what the common B2B product supervisor wage is? Nicely, you’re in the correct place!
In response to Glassdoor, the common B2B product supervisor wage within the US is $161,935, with the common wage vary being between $100,000 and $267,000. In the meantime, information from Comparably reveals that a mean senior product supervisor within the B2B vertical earns $120,000, within the US.
The typical product supervisor wage relies on plenty of components, together with business, location, training, and complete years of expertise.
On prime of that, based on Comparably, B2B product managers earn probably the most in Salt Lake Metropolis.
On this article, we dive deeper into the common product salaries of B2B PMs.
Let’s get began.
Common B2B Product Supervisor Wage
The B2B product supervisor place is a full-time function that entails managing one or a number of merchandise. For probably the most half, B2B product managers work within the software program, IT, and tech business.
That mentioned, many different industries which are using IoT, corresponding to the house companies business, do make use of B2B PMs. Nonetheless, every business has a considerably totally different outtake on the duties of a B2B product supervisor.
This is the reason there’s an enormous discrepancy between B2B product supervisor salaries in numerous industries. Subsequently, it’s advisable to filter your business when on the lookout for an actual yearly wage determine.
In response to Wage, the common wage of a B2B product supervisor within the US is $100,756. Moreover, the common B2B product supervisor wage ranges between $89,726 and $114,850.
These wage ranges are the results of entries of nameless product supervisor workers. The worker enters all of the wage information, together with their common extra money compensation, advantages, and common product salaries.
In addition they point out their complete variety of years of expertise, location, business, certifications, training, and extra expertise. This helps divide and filter the outcomes based on every issue.
Subsequently, you might be higher off together with all of the filters earlier than figuring out the precise B2B product supervisor wage common.
That mentioned, based on the information, the best salaries aren’t in international manufacturers however in tech corporations. It’s attainable to additionally discover startup jobs that pay properly above the common B2B product supervisor wage.
In any case, it’s finest to have a look at a number of sources to get a greater thought and get more moderen information.
Glassdoor
Glassdoor is a widely known wage data web site that gives job critiques, wage estimates, and common complete compensation data.
They course of buyer information to derive common product salaries. Workers add annual wage studies, enter the price of dwelling estimates, advantages data, and extra to supply an correct wage estimate.
Glassdoor adjusts the wage data based mostly on each response gathered.
In response to Glassdoor, the nationwide common base wage of a B2B product supervisor within the US is $161,935. In the meantime, the everyday wage vary is between $100,000 and $267,000.
What makes Glassdoor higher than its alternate options is that the location lets you add particular filters. This lets you get a exact estimate of your wage. The extra filters you add, the extra exact the estimate. The next are among the filters obtainable:
- Select your particular business (needless to say subcategories like residence renovations and residential upkeep could also be in a single class)
- Enter the dimensions of the corporate you’re seeking to apply to
- Enter your complete years of expertise within the B2B product administration area
Every of the components above have an effect on product supervisor salaries. Different components that play a task are location and technical experience. Glassdoor helps you to select your location and solely supplies wage data from that space.
Moreover, there are corporations that produce other job titles for a similar job. It’s attainable {that a} B2B product supervisor has an affiliate product supervisor title. That’s why it’s finest to verify particular worker critiques too.
Final however not least, Glassdoor lets you verify your profession trajectory and your earnings based mostly on the place you stand. Subsequently, it’s attainable to verify your potential as a product administration director, chief product officer, and even a senior product advertising and marketing supervisor, amongst different roles.
Comparably
Comparably is a comparability web site that enables customers to match salaries, employers, and types. Service professionals in each business submit their wage data. Based mostly on that, the platform makes a guess of the frequent product supervisor wage.
In response to Comparably, a senior product supervisor within the B2B vertical earns $120,000. The standard wage vary is between $96,000 and $144,000.
The positioning additionally lets you filter salaries by the dimensions of the corporate, years of expertise, gender, instructional degree, and ethnicity.
For those who’re on the lookout for startup jobs, the location additionally has filters for ‘Stage of Firm’ and ‘Cash Raised.’
Profession Outlook for a B2B Product Supervisor
B2B product managers have an identical profession development to B2C product managers. The distinction is available in their focus.
B2B product managers give attention to a particular business, as they should perceive every little thing there may be to learn about their product’s business. They’re business specialists who require in-depth data of all business tendencies to do their jobs.
In the meantime, B2C product managers have a wider focus as a result of they give attention to the product and particular person patrons.
In any case, a B2B product supervisor strikes to a lead product supervisor function once they have enough data of the sector and business. After that, they both go for a senior product supervisor place or a principal product supervisor function.
In any case, the next are some wage estimates for senior PM roles to provide you an thought.
Lead Product Supervisor
The lead product supervisor is chargeable for overseeing a particular product line. They don’t handle different PMs however they’re chargeable for oversight. The typical lead product supervisor wage within the US is $190,329.
Senior Product Supervisor
The senior product supervisor performs a managerial function, overseeing different product managers. They’re chargeable for speaking related data to senior administration and above. The typical senior product supervisor wage within the US is $187,542.
Principal Product Supervisor
The principal product supervisor oversees all of the product-related gadgets however doesn’t have any folks administration duties. They’re particular person contributors that assist transfer the product roadmap ahead. The typical principal product supervisor wage within the US is $223,371.
Director of Product Administration
The product administration director is among the many senior-most roles under the chief of product. They’re chargeable for all the product division and product crew, they usually report back to C-level executives. The typical product administration director wage within the US is $271,421.
High Paying Cities for B2B Product Managers
The wage patterns of B2B product managers are much like these of typical product managers. The next are among the top-paying cities for product managers within the US.
US West Coast
- San Francisco: $125,660
- San Jose: $116,164
US East Coast
- New York: $118,310
- Atlanta: $115,533
US Midwest/Rocky Mountains
- Chicago: $116,266
- Salt Lake Metropolis: $111,250
US South
- Dallas: $103,924
- Austin: $113,321
Schooling Stage for B2B Product Administration Roles
A B2B product supervisor must be a certified service skilled who understands the business properly. Enterprise-to-business interactions not solely require extreme data of the business but additionally of upcoming tendencies.
Most industries have a fast-paced atmosphere that requires steady studying. To take care of a transparent product imaginative and prescient, introduce new merchandise, and assist launch cross-channel advertising and marketing campaigns, B2B product managers should be one step forward.
This is the reason most corporations require a bachelor’s diploma in a related area at least. Nonetheless, nearly each firm seems for candidates with a give attention to their business.
For instance, somebody with a pc science background is sure to have extra job alternatives, supplied they’ve earlier expertise with product administration.
Moreover, it helps to have some product administration certifications. The next are some PM certifications that add to your credibility.
It’s additionally sensible to finish some B2B product supervisor programs to remain updated.
B2B Product Supervisor Wage Throughout High Corporations
Each firm adjusts the median wage for a product supervisor based mostly on the contract kind, location, and varied different components. Nonetheless, the next are some common B2B product supervisor salaries at some well-known companies.
- American Categorical: $182,709
- Nestlé: $171,249
- Google: $160,912
- Boeing: $164,313
- Cisco Programs: $159,082
Remember that there’s a good distinction in wage estimates between multinational corporations and small companies.
Ending Word
B2B product supervisor salaries aren’t too totally different from B2C product supervisor salaries. The distinction comes when the business requires a whole lot of technical data.
For instance, a B2B product supervisor within the IT business is sure to earn greater than a B2C product supervisor in the identical business.
In any case, it’s honest to match typical product supervisor salaries to get an thought of the B2B product supervisor wage.
