Product Management
The administration of a product to maximize the business value of the same is known as Product Management. Product managers are known for setting the vision of the product and utilizing various technologies and marketing strategies so that the experience of the user and profit of the business or product value can be enhanced. They basically focus on the healthy functioning of technology, designing and users.
Role Desciption
Product Managers are supposed to have a deep knowledge of consumer experience and ability to fill the gap products. Generating new ideas for the product and creating new products or strategies based on the research about the market and consumer is a part of their job. They determine a product’s pricing on the basis of the competition, and target audience. They work closely with management, engineering and marketing team. They design promotional plans and coordinate with public relation teams, executives and other members for launching various products and services.
Eligibility
- 10 + 2 in any stream
- Graduation in Any Discipline for 3-4 years
- M.B.A in Marketing for 2 years/Certificate Course for 1 year in Product Management
Significant Statistics
- To obtain admission in top MBA colleges, candidates have to qualify set competitive examinations
Pros/Cons
Pros
- Great career options in various industries
- Excellent remuneration
Cons
- Accountable for bad performance of the products /services
- Must have great influencing skills
- New ideas are always needed
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CAREER VIDEOS
Career Path
Product Management
3 Steps
Skills
Recruitment Area
Banking ,
Media Department ,
Advertising Agencies ,
Information Technology ,
electronics ,
Textile Industries ,
Fashion Industry ,
retail industry ,
Business consultancies ,
Marketing companies ,
Wholesale .
Recruiters
ICICI ,
Bajaj ,
HDFC ,
Tata ,
Reliance Industries ,
DLF Group ,
Infosys ,
Godrej ,
Wipro .
Explore Colleges
Exams & Tests
Interested? Take the next step for this career
Product Management
- 3 Steps
Skills Needed
Exams and Tests
Recruitment Area
Banking ,
Media Department ,
Advertising Agencies ,
Information Technology ,
electronics ,
Textile Industries ,
Fashion Industry ,
retail industry ,
Business consultancies ,
Marketing companies ,
Wholesale .
Recruiters
ICICI ,
Bajaj ,
HDFC ,
Tata ,
Reliance Industries ,
DLF Group ,
Infosys ,
Godrej ,
Wipro .
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