Product Manager Salary in Chicago, Illinois

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Average Salary for Product Manager in Chicago, Illinois

The average salary of a(n) Product Manager in Chicago, Illinois is $75,231.

The average hourly rate of a(n) Product Manager in Chicago, Illinois is $36.17.

The average bonus of a(n) Product Manager in Chicago, Illinois is $3,378.00.

Job Description:

Manages and administers product planning, design, development, documentation, and execution throughout the product lifecycle. Gathers and prioritizes product and customer requirements, defines the product vision, and works closely with R&D, engineering, sales, marketing, operations, and support to conform to the company's quality system procedures for design control and to ensure revenue and customer satisfaction goals are met. Ensures that the product, and possibly the marketing efforts, supports the company's overall strategy and goals. Defines the product strategy and roadmap. Delivers product requirement documents and marketing requirement documents with prioritized features and corresponding justification. Runs beta and pilot programs with early-stage products and samples. Develops the core positioning and messaging for the product. Performs product demos to customers. Maintains expertise with respect to the competition. Acts as a leader within the company. May work with external third parties to assess partnerships and licensing opportunities. May set pricing to meet revenue and profitability goals, develop sales tools and collateral, and brief and train the sales force. Less

Manages and administers product planning, design, development, documentation, and execution throughout the product lifecycle. Gathers and prioritizes product and customer requirements, defines the product vision, and works closely with R&D, engineering, sales, marketing, operations, and support to conform to the... More

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