Would you wish to know what the common B2B product supervisor wage is? Properly, you’re in the correct place!
In accordance with 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 exhibits that a mean senior product supervisor within the B2B vertical earns $120,000, within the US.
The common product supervisor wage relies on various elements, together with trade, location, training, and complete years of expertise.
On high of that, based on Comparably, B2B product managers earn essentially 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 position that includes managing one or a number of merchandise. For essentially the most half, B2B product managers work within the software program, IT, and tech trade.
That stated, many different industries which can be using IoT, similar to the house providers trade, do make use of B2B PMs. Nevertheless, every trade has a considerably completely different outtake on the tasks of a B2B product supervisor.
Because of this there’s an enormous discrepancy between B2B product supervisor salaries in several industries. Due to this fact, it’s advisable to filter your trade when in search of a precise yearly wage determine.
In accordance with 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, trade, certifications, training, and extra expertise. This helps divide and filter the outcomes based on every issue.
Due to this fact, you might be higher off together with all of the filters earlier than figuring out the precise B2B product supervisor wage common.
That stated, based on the info, the best salaries usually are not in world manufacturers however in tech firms. It’s potential to additionally discover startup jobs that pay properly above the common B2B product supervisor wage.
In any case, it’s greatest to take a look at a number of sources to get a greater concept and get more moderen information.
Glassdoor
Glassdoor is a well known wage info web site that gives job opinions, wage estimates, and common complete compensation info.
They course of buyer information to derive common product salaries. Staff add annual wage reviews, enter the price of residing estimates, advantages info, and extra to supply an correct wage estimate.
Glassdoor adjusts the wage info based mostly on each response gathered.
In accordance with Glassdoor, the nationwide common base wage of a B2B product supervisor within the US is $161,935. In the meantime, the standard wage vary is between $100,000 and $267,000.
What makes Glassdoor higher than its alternate options is that the positioning permits you to 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 a number of the filters obtainable:
- Select your particular trade (needless to say subcategories like dwelling renovations and residential upkeep could also be in a single class)
- Enter the scale of the corporate you’re trying to apply to
- Enter your complete years of expertise within the B2B product administration subject
Every of the elements above have an effect on product supervisor salaries. Different elements that play a job are location and technical experience. Glassdoor permits you to select your location and solely gives wage info from that space.
Moreover, there are firms that produce other job titles for a similar job. It’s potential {that a} B2B product supervisor has an affiliate product supervisor title. That’s why it’s greatest to verify particular worker opinions too.
Final however not least, Glassdoor permits you to verify your profession trajectory and your earnings based mostly on the place you stand. Due to this fact, it’s potential 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 trade submit their wage info. Based mostly on that, the platform makes a guess of the widespread product supervisor wage.
In accordance with Comparably, a senior product supervisor within the B2B vertical earns $120,000. The standard wage vary is between $96,000 and $144,000.
The location additionally permits you to filter salaries by the scale of the corporate, years of expertise, gender, academic degree, and ethnicity.
When you’re in search of startup jobs, the positioning additionally has filters for ‘Stage of Firm’ and ‘Cash Raised.’
Profession Outlook for a B2B Product Supervisor
B2B product managers have an analogous profession development to B2C product managers. The distinction is available in their focus.
B2B product managers concentrate on a particular trade, as they should perceive all the pieces there’s to learn about their product’s trade. They’re trade specialists who require in-depth data of all trade traits to do their jobs.
In the meantime, B2C product managers have a wider focus as a result of they concentrate on the product and particular person patrons.
In any case, a B2B product supervisor strikes to a lead product supervisor position once they have satisfactory data of the sphere and trade. After that, they both go for a senior product supervisor place or a principal product supervisor position.
In any case, the next are some wage estimates for senior PM roles to provide you an concept.
Lead Product Supervisor
The lead product supervisor is accountable for overseeing a particular product line. They don’t handle different PMs however they’re accountable for oversight. The common lead product supervisor wage within the US is $190,329.
Senior Product Supervisor
The senior product supervisor performs a managerial position, overseeing different product managers. They’re accountable for speaking related info to senior administration and above. The common 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 individuals administration tasks. They’re particular person contributors that assist transfer the product roadmap ahead. The common 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 accountable for the whole product division and product group, and so they report back to C-level executives. The common product administration director wage within the US is $271,421.
Prime Paying Cities for B2B Product Managers
The wage patterns of B2B product managers are much like these of typical product managers. The next are a number of 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
Training Degree for B2B Product Administration Roles
A B2B product supervisor must be a professional service skilled who understands the trade properly. Enterprise-to-business interactions not solely require extreme data of the trade but in addition of upcoming traits.
Most industries have a fast-paced surroundings 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 must be one step forward.
Because of this most firms require a bachelor’s diploma in a related subject at least. Nevertheless, virtually each firm appears for candidates with a concentrate on their trade.
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 clever to finish some B2B product supervisor programs to remain updated.
B2B Product Supervisor Wage Throughout Prime Firms
Each firm adjusts the median wage for a product supervisor based mostly on the contract kind, location, and varied different elements. Nevertheless, 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 Techniques: $159,082
Remember the fact that there’s a good distinction in wage estimates between multinational firms and small companies.
Ending Word
B2B product supervisor salaries usually are not too completely different from B2C product supervisor salaries. The distinction comes when the trade requires a variety of technical data.
For instance, a B2B product supervisor within the IT trade is sure to earn greater than a B2C product supervisor in the identical trade.
In any case, it’s honest to match typical product supervisor salaries to get an concept of the B2B product supervisor wage.
