Product Development Manager Salary in London
£34K
20% Low Band Avg
GBP £45K
Average
£58K
80% High Band Avg
- Bonus: 4,420
Salaries based on experience level
The Average Entry Level salary of Product Development Manager in London is GBP £33K/yr, this salary increases 42% to £48K/yr when reach Mid Level Career.
From Mid to Senior Level the average salary increases 7% from £48K/yr to £51K/yr.
Salary Compared to United Kingdom National Average Salary
- Product Development Manager in London Salary
- vs
- Product Development Manager in United Kingdom Salary
The Average Salary of Product Development Manager in London is £45K/yr. This is +15% higher (£6,164) compared to United Kingdom national average salary of £39K/yr.
Salary Compared to London City Average Salary
- Product Development Manager in London Salary
- vs
- London City Average Salary
The Average Salary of Product Development Manager in London is +17% higher (6,836) than the average salary for the city of London £38K/yr.
Product Development Manager job description
Job Title: Product Development Manager
Overview/Summary of the Role:
The Product Development Manager is responsible for overseeing the entire lifecycle of a product, from ideation to launch, and ensuring that it meets the market’s needs and the company’s goals. This role requires a versatile individual who can collaborate and lead cross-functional teams, and contribute to the development and success of the company’s product strategy.
Responsibilities and Duties:
• Plan and execute product development initiatives in line with organizational objectives
• Research the market and identify opportunities for product development
• Coordinate with cross-functional teams to ensure that product development efforts align and follow established timelines and budgets
• Define and document product requirements and specifications, user stories and acceptance criteria
Product Development Manager interview questions
Interviewer: Good morning/afternoon, thank you for coming in today. Can you start by telling us a little bit about yourself and your background in product development?
Candidate: Yes. My name is John and I have been working in product development for the last 10 years. I have experience in various industries, including technology and consumer goods.
Interviewer: Can you describe your approach to product development?
Candidate: Sure. My approach is to start by understanding the customer's needs and wants, and then using that to drive the development process. I believe in a collaborative approach where all stakeholders are involved in the process and we continue to iterate until we have a product that meets or exceeds their expectations.
Interviewer: Can you give an example of a successful product that you have developed and how you approached the development process?
Candidate: Yes. One product that I am particularly proud of is a mobile app that I developed for a previous company. I approached the development process by working very closely with the customer and using analytics data to inform design decisions. We kept iterating until we had a product that was successful in the marketplace and had a high adoption rate.