The average salary for a Product Development Specialist is $54,540.
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$39k - $86k
$302 - $10k
$200 - $13k
$0 - $27k
$37k - $87k
Your Market Worth Over Time
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Job Description for Product Development Specialist
A product development specialist's main job is to develop products, strategies, and business plans for upcoming products within their company. They watch the market trends to develop plans that will increase sales, establish deadlines, and ensure the product development teams are on schedule. Product development specialists need to communicate with other departments and vendors on the status of the product, as well as provide clear guidelines for the project and solicit and incorporate feedback.…Read more
Product Development Specialist Tasks
- Design, execute, and manage projects.
- Research and compile reports on the state of the industry, trend forecasts, and competitive analysis.
- Assist in the development and implementation of operational guidelines and objectives for the product portfolio.
- Develop prototypes and document product specifications.
- Evaluate consumer preferences using internal tools and turn them into recommendations for product enhancement or innovation.
Popular Employer Salaries for Product Development Specialist
Explore the most common career paths for Product Development Specialist. Thickness and color of lines indicates popularity of movement from one job to the next. Visit our career path planner to research other job paths.
Product Development Specialist
More common (> 20%)
Somewhat common (8 - 20%)
Less common (< 8%)
Product Development Specialist Job Listings
Popular Skills for Product Development Specialist
Skills in Data Analysis and Problem Solving are correlated to pay that is above average. Skills that pay less than market rate include Product Support, Project Management and Product Development.
Pay by Experience Level for Product Development Specialist
An entry-level Product Development Specialist with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $47,614 based on 31 salaries. An early career Product Development Specialist with 1-4 years of experience earns an average total compensation of $50,348 based on 262 salaries. A mid-career Product Development Specialist with 5-9 years of experience earns an average total compensation of $62,853 based on 94 salaries. An experienced Product Development Specialist with 10-19 years of experience earns an average total compensation of $61,516 based on 71 salaries. In their late career (20 years and higher), employees earn an average total compensation of $69,634.
Pay Difference by Location
Learn more about cost of living by city.
Employees with Product Development Specialist in their job title in San Francisco, California earn an average of 46.7% more than the national average. These job titles also find higher than average salaries in Philadelphia, Pennsylvania (37.5% more) and Cincinnati, Ohio (27.7% more). The lowest salaries can be found in San Diego, California (6.3% less), Seattle, Washington (5.6% less) and Los Angeles, California (2.4% less).
Years of Experience
This data is based on 477 survey responses.
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