Avg. Base Salary (USD)
The average salary for a Group Product Manager is $161,518 in 2023
What is the Pay by Experience Level for Group Product Managers?
An early career Group Product Manager with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $110,000 based on 6 salaries. A mid-career Group Product Manager with 5-9 years of experience earns an average total compensation of $173,758 based on 15 salaries. An experienced …Read more
What Do Group Product Managers Do?
Group product managers are responsible for leading and managing a group of professionals from product concept to launch. They are in charge of creating effective product strategies, as well as developing and implementing tactical pricing based on research, demand, and project requirements. Group project managers solve product issues as they arise, schedule product milestones, and review progress continuously. In addition, they work with sales teams to establish customer-specific pricing and …Read more
- Create Product Requirement Documents (PRDs)/Market Requirement Documents (MRDs)/Business Requirement Documents (BRDs).
- Work with outside partners customizing product features to partner requirements.
- Conduct user surveys and focus groups.
- Manage email and social media marketing promotions.
- Take product enhancements and new product launches from start to finish thinking through each detail and delivering solid results.
FAQs About Group Product Managers
What is the highest pay for Group Product Managers in New York?
Our data indicates that the highest pay for a Group Product Manager in New York is $195k / year
What is the lowest pay for Group Product Managers in New York?
Our data indicates that the lowest pay for a Group Product Manager in New York is $109k / year
How can Group Product Managers increase their salary?
Increasing your pay as a Group Product Manager is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are a Group Product Manager that oversees more junior Group Product Managers, this experience can increase the likelihood to earn more.