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Product managers are crucial in conducting product research and identifying markets, features, challenges, and goals for developing products. Another role related to product management that's not as widely understood is associate product manager (APM). What does an associate product manager do?
Because the role of an APM is closely related to that of a product manager, it would be instructive to summarize the latter.
Depending on the size of a company, there may be one or several product managers to oversee product development.
Product managers are usually responsible for the following:
Creating a strategy for product development
Assessing essential features and improvements for products
Monitoring market conditions and conducting a competitive analysis of products
Identifying user needs and preferences
Communicating with stakeholders to discuss product goals and development
Associate product managers work on similar tasks as product managers but on a smaller scale and in a more supportive role.
For example, they may conduct market research and analyze data. They may help identify and solve problems with product features. They also support product teams with tasks such as testing, developing marketing strategies, working on new features, and communicating with stakeholders.
Associate product managers work with product managers to create and fine-tune product strategies. A product strategy is an outline or roadmap describing the goals of a product. This includes areas such as:
Market research may include:
Branding — Keeping products aligned with the company's brand image. If the company is a startup, this may include helping to establish brand identity in areas such as imagery, style, voice, design, and packaging.
Competitive analysis — Researching and analyzing the competition for a product. Comparing features, quality, and price. For some products, such as software, issues such as speed and UX are relevant.
Consumer research — Acquiring data on consumer habits and preferences is essential for product development. This may include surveys, user testing, focus groups, interviews, and other methods of gathering customer data.
Improvements and upgrades of product features
Sales goals, such as selling 10,000 units in a year
Customer retention — Retaining a higher percentage of customers. For SaaS or other subscription services, you may aim to retain 75% of subscriptions.
Customer satisfaction — Improving results of customer surveys or reviews
Associate product managers generally strive for SMART goals, which are specific, measurable, achievable, relevant, and timely.
Part of an APM's job often includes communicating with various stakeholders, such as product developers, testers, managers, executives, marketers, and others involved in creating and marketing products.
As stakeholders may have different interests, levels of knowledge about products, and opinions, it can be challenging to build a consensus that allows for the efficient development of products. For example, obtaining a budget for necessary equipment and testing is essential but may meet with resistance.
According to Glassdoor, the average salary for an APM in the United States is $76,881 annually. This is the median salary between the salary figures reported by Glassdoor users, which range from $49K to $121K.
Salaries, of course, will depend on many factors, such as the size and location of the company, the industry, and the experience of the person hired.
For example, companies in New York, Seattle, and Silicon Valley tend to pay substantially more than those in other regions, such as the Midwest. Of course, this needs to be weighed against the higher cost of living in places where salaries are higher.
An APM often aims to be promoted to product manager at some point. Depending on your performance and the company's needs, getting promoted to product manager usually takes one to three years.
Just upload your customer research and ask your insights hub - like magic.
Try magic searchAssociate product managers must possess a broad range of skills. These include:
The need to conduct market and competitive research means that an APM must be able to do a great deal of research. They must also be good at interpreting and analyzing the data they collect so that it contributes to an actionable strategy.
As an APM needs to communicate with multiple stakeholders and departments, they must be good communicators. This includes the ability to understand the distinct interests and levels of expertise of various individuals and teams. For example, executives and marketers may not be as tech-savvy as developers but will be more concerned with the budget.
Product development, testing, releases, and other actions all come with deadlines and time constraints.
Associate product managers must often contend with a steady stream of requests, problems, and decisions throughout the day. They must be adept at prioritizing and managing their time. They must also be able to encourage others to be efficient and productive to meet goals and deadlines.
Both product managers and APMs need the ability to identify and solve problems. Products come with various challenges, such as technical glitches, competition, customer complaints, and a shortage of time or resources. While the APM may not be personally responsible for solving each problem, they do need to be able to identify and recommend the best solutions.
To solve problems, one also needs the ability to make decisions. An APM may need to make fast decisions when there isn't time to do a great deal of research and consult others. You may need to decide between features or choose between conflicting requests.
The following are some common interview questions for associate product manager positions, which can be helpful to both hiring managers and candidates for this position.
"Tell me your favorite method for getting customer feedback about a product."
"You need to do research about a proposed product before a decision is made on whether or not to launch it. How would you get started, and what are the most important things you want to discover?"
"How do you learn important insights about products made by competitors?"
"You find that customers are complaining about a certain feature of a product. What steps do you take in response?"
"What's your favorite way to get the word out about a new product?"
"You're meeting resistance from stakeholders on the budget for a developing product that you believe has great potential. How do you make a case and build support for the project?”
An associate product manager has many responsibilities and needs many skills. They need the ability to research, analyze, multitask, solve problems, and communicate with many types of people within an organization. An APM is one of the roles essential for the development, launch, and troubleshooting of products. Product managers are crucial in conducting product research and identifying markets, features, challenges, and goals for developing products. Another role related to product management that's not as widely understood is associate product manager (APM). What does an associate product manager do?
Because the role of an APM is closely related to that of a product manager, it would be instructive to summarize the latter.
Depending on the size of a company, there may be one or several product managers to oversee product development.
Product managers are usually responsible for the following:
Creating a strategy for product development
Assessing essential features and improvements for products
Monitoring market conditions and conducting a competitive analysis of products
Identifying user needs and preferences
Communicating with stakeholders to discuss product goals and development
Associate product managers work on similar tasks as product managers but on a smaller scale and in a more supportive role.
For example, they may conduct market research and analyze data. They may help identify and solve problems with product features. They also support product teams with tasks such as testing, developing marketing strategies, working on new features, and communicating with stakeholders.
Associate product managers work with product managers to create and fine-tune product strategies. A product strategy is an outline or roadmap describing the goals of a product. This includes areas such as:
Market research may include:
Branding — Keeping products aligned with the company's brand image. If the company is a startup, this may include helping to establish brand identity in areas such as imagery, style, voice, design, and packaging.
Competitive analysis — Researching and analyzing the competition for a product. Comparing features, quality, and price. For some products, such as software, issues such as speed and UX are relevant.
Consumer research — Acquiring data on consumer habits and preferences is essential for product development. This may include surveys, user testing, focus groups, interviews, and other methods of gathering customer data.
Improvements and upgrades of product features
Sales goals, such as selling 10,000 units in a year
Customer retention — Retaining a higher percentage of customers. For SaaS or other subscription services, you may aim to retain 75% of subscriptions.
Customer satisfaction — Improving results of customer surveys or reviews
Associate product managers generally strive for SMART goals, which are specific, measurable, achievable, relevant, and timely.
Part of an APM's job often includes communicating with various stakeholders, such as product developers, testers, managers, executives, marketers, and others involved in creating and marketing products.
As stakeholders may have different interests, levels of knowledge about products, and opinions, it can be challenging to build a consensus that allows for the efficient development of products. For example, obtaining a budget for necessary equipment and testing is essential but may meet with resistance.
According to Glassdoor, the average salary for an APM in the United States is $76,881 annually. This is the median salary between the salary figures reported by Glassdoor users, which range from $49K to $121K.
Salaries, of course, will depend on many factors, such as the size and location of the company, the industry, and the experience of the person hired.
For example, companies in New York, Seattle, and Silicon Valley tend to pay substantially more than those in other regions, such as the Midwest. Of course, this needs to be weighed against the higher cost of living in places where salaries are higher.
An APM often aims to be promoted to product manager at some point. Depending on your performance and the company's needs, getting promoted to product manager usually takes one to three years.
Associate product managers must possess a broad range of skills. These include:
The need to conduct market and competitive research means that an APM must be able to do a great deal of research. They must also be good at interpreting and analyzing the data they collect so that it contributes to an actionable strategy.
As an APM needs to communicate with multiple stakeholders and departments, they must be good communicators. This includes the ability to understand the distinct interests and levels of expertise of various individuals and teams. For example, executives and marketers may not be as tech-savvy as developers but will be more concerned with the budget.
Product development, testing, releases, and other actions all come with deadlines and time constraints.
Associate product managers must often contend with a steady stream of requests, problems, and decisions throughout the day. They must be adept at prioritizing and managing their time. They must also be able to encourage others to be efficient and productive to meet goals and deadlines.
Both product managers and APMs need the ability to identify and solve problems. Products come with various challenges, such as technical glitches, competition, customer complaints, and a shortage of time or resources. While the APM may not be personally responsible for solving each problem, they do need to be able to identify and recommend the best solutions.
To solve problems, one also needs the ability to make decisions. An APM may need to make fast decisions when there isn't time to do a great deal of research and consult others. You may need to decide between features or choose between conflicting requests.
The following are some common interview questions for associate product manager positions, which can be helpful to both hiring managers and candidates for this position.
"Tell me your favorite method for getting customer feedback about a product."
"You need to do research about a proposed product before a decision is made on whether or not to launch it. How would you get started, and what are the most important things you want to discover?"
"How do you learn important insights about products made by competitors?"
"You find that customers are complaining about a certain feature of a product. What steps do you take in response?"
"What's your favorite way to get the word out about a new product?"
"You're meeting resistance from stakeholders on the budget for a developing product that you believe has great potential. How do you make a case and build support for the project?”
An associate product manager has many responsibilities and needs many skills. They need the ability to research, analyze, multitask, solve problems, and communicate with many types of people within an organization. An APM is one of the roles essential for the development, launch, and troubleshooting of products.
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