Quick Facts
Median Salary$166,735
Most Common EducationBachelor's degree
Projected 10-Year Growth+8.10%
Assessment MatchTake the Assessment
What They Do
A Software Product Manager leads and manages one or several software products from the inception to the phase-out in order to maximize business value. Works across many teams in order to ensure business success for the product.
Core Tasks:
- Identify, develop, or evaluate marketing strategy, based on knowledge of establishment objectives, market characteristics, and cost and markup factors.
- Formulate, direct, or coordinate marketing activities or policies to promote products or services, working with advertising or promotion managers.
- Evaluate the financial aspects of product development, such as budgets, expenditures, research and development appropriations, or return-on-investment and profit-loss projections.
- Develop pricing strategies, balancing firm objectives and customer satisfaction.
- Compile lists describing product or service offerings.
- Direct the hiring, training, or performance evaluations of marketing or sales staff and oversee their daily activities.
- Consult with product development personnel on product specifications, such as design, color, or packaging.
- Use sales forecasting or strategic planning to ensure the sale and profitability of products, lines, or services, analyzing business developments and monitoring market trends.
- Negotiate contracts with vendors or distributors to manage product distribution, establishing distribution networks or developing distribution strategies.
- Coordinate or participate in promotional activities or trade shows, working with developers, advertisers, or production managers, to market products or services.
- Initiate market research studies, or analyze their findings.
- Confer with legal staff to resolve problems, such as copyright infringement or royalty sharing with outside producers or distributors.
What to expect as a Software Product Manager
1Earn a Bachelor's degree
73% of people achieve this level of education.
2Gain skills and experience
See Software Product Manager related courses on Tallo
3Land a job
121 openings for Software Product Managers
Career Progression
in United States (Nation)
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