What does a Lead Product Manager do?

Product managers are responsible for the strategy and blueprint of a product or product line. They're tasked with finding the why, what, and when of a product, and they communicate its business value to a product team in a clear, concise way to ensure the team understands the purpose behind the new product or release. They lead the product team and all aspects from the conception of the product to its launch.

Product managers oversee the development and improvement of products and understand the customer experience to create product prices and determine potential future requirements. They present market forecasts and implement the project’s profit and loss estimates. Often, they serve at the intersection between business technology and user experience. They examine the markets and customer demands alongside the competition to influence a product’s vision. They execute strategic and tactical roles within a company and pivot between different functions. They look after the product to achieve its business goals and to maximize the return on investment. Product managers need a bachelor's degree in business, management, or related fields.

EducationBachelor's Degree
Work/Life Balance
3.8 ★
Salary Range--
Career Opportunity
3.8 ★
Avg. Experience5-7 years

Lead Product Manager Salaries

Average Base Pay

£74,255 /yr
Same as national average
Not including cash compensation
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£53K
Median: £74K
£104K
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Glassdoor Estimated Salary

Lead Product Manager Career Path

Learn how to become a Lead Product Manager, what skills and education you need to succeed, and what level of pay to expect at each step on your career path.

L4
Lead Product Manager
£74,255/yr
L5
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Lead Product Manager Insights

Read what Lead Product Manager professionals have to say about their job experiences and view top companies for this career.
BrightAIBrightAI
Product Management
28 Oct 2021

“The overall team is strong and great to work with as a group and individually.”

Integrated ResearchIntegrated Research
Head of Product
11 Nov 2021

“You get to work on products and projects that are mission critical and highly visible.”

Octopi CommerceOctopi Commerce
Senior Director of Product and AI
2 Oct 2020

“This is the most dedicated and driven team with which I've worked in my career.”

Procore TechnologiesProcore Technologies
Principal Product Manager
21 Sep 2021

“I have some amazing product work on my plate and I know I am going to grow and thrive here”

GOFRUGAL Technologies
Product Manager
24 Aug 2020

“Great company to start your career and to explore your career path based on your strength and career aspirations”

TogglToggl
Product Manager
17 Jul 2020

“And I can clearly see how our current initiatives lead to a future growth and success.”

PitchPitch
Junior Product Manager
23 Dec 2020

“Office oder direkt am Arbeitsplatz; man kann überall die Tendenz für innovative Verbesserungen erleben.”

ShopeeShopee
Product Manager
22 Feb 2021

“Good luck to you if your Chinese is not good enough to get the unspoken message.”

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Lead Product Manager Interviews

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Lead Product Manager jobs

Frequently asked questions about the role and responsibilities of a lead product manager

The most similar professions to lead product manager are:
  • Product Line Manager
  • Product Marketing Manager
  • Digital Marketing
  • Marketing Coordinator

The most common qualifications to become a lead product manager is a minimum of a Bachelor's Degree and an average of 0 - 1 of experience not including years spent in education and/or training.