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Product Development Manager Intern Job Description

Job Title: Product Development Manager Intern

Overview/Summary of the Role:
The Product Development Manager Intern will participate in the development of new products and improving existing ones through research, planning, and execution of all stages of the product lifecycle, from ideation to commercialization. This position requires a self-motivated individual with the ability to think creatively and strategically to support the department's goal of delivering innovative and profitable products to the market.

Responsibilities and Duties:
• Research and analysis of customer needs, market trends, and competitions to identify product opportunities and create product concepts.
• Collaborate with cross-functional teams to establish product requirements, specifications, and timelines.
• Plan and manage the execution of product development projects, monitor progress, and adjust resources and timelines as required.
• Oversee product testing, quality control, and validation procedures to ensure products are of high quality and meet customer expectations.
• Prepare product documentation and marketing materials, including product briefs, product data sheets, presentations, and training materials for internal and external stakeholders.
• Support Product Management and Sales teams with product launch and post-launch activities, including communication plans, pricing strategies, training, and promotions.
• Continuously gather and analyze customer feedback to identify product improvement opportunities.

Qualifications and Skills:
Hard Skills:
• Strong project management skills with experience in executing complex projects and delivering quality results within tight deadlines.
• Familiarity with agile methodologies and tools, including Trello, Jira, Asana, or others.
• Experience with market research, customer needs analysis, and product design/development processes.
• Excellent analytical, research, and problem-solving skills, including the ability to interpret data and extract meaningful insights.
• Proficient in Microsoft Office Suite, including Excel, PowerPoint, and Word.
• Understanding of financial analysis and profitability metrics.

Soft Skills:
• Excellent communication skills, including verbal, written, and interpersonal.
• Ability to work well in a team environment, collaborate effectively, and build positive relationships.
• Self-motivated with the ability to work independently and take ownership of tasks and projects.
• Detail-oriented with strong organizational skills and the ability to prioritize tasks effectively.
• Flexibility and adaptability to work in a fast-paced environment with changing priorities.

Education and Experience:
• Bachelor's degree in business, marketing, management, or a related field.
• Familiarity with principles and practices of product development, project management, and marketing.
• Work experience in a related field or internship experience.

• Master's degree in business, marketing, management, or a related field.
• Prior experience in product development, marketing, or project management.
• Experience with software product development and/or SaaS products.

Licensing: There may be certain industries or products that require licensing, such as pharmaceuticals or medical devices. However, for the most part, a Product Development Manager Intern does not require any specific licensing.

Typical Employers: Product development management internships can be found in a variety of industries, including technology, consumer goods, fashion, and healthcare. Some typical employers include large corporations such as Apple, Procter & Gamble, and Johnson & Johnson, as well as smaller startups and consulting firms.

Work Environment: Product Development Manager Interns typically work in an office environment, although some may also work in design studios, manufacturing facilities, or research labs. Depending on the company, interns may work individually or as part of a team, and may have the opportunity to collaborate with other departments such as marketing, engineering, and design.

Career Pathways: A Product Development Manager Intern may have a background in engineering, design, marketing, or business. Some common pathways to this position may include a Bachelor's or Master's degree in a related field, and/or relevant work experience in product development or project management. Next positions may include Product Manager, Senior Product Manager, or Director of Product Development.

Job Growth Trend: According to the US Bureau of Labor Statistics, employment of marketing managers is projected to grow 10% from 2019 to 2029, which is much faster than the average for all occupations. This growth is due in part to the increasing use of digital and social media marketing, as well as the continued demand for consumer goods and innovative products. Globally, the outlook for Product Development Manager Interns is also positive, as companies continue to invest in research and development to stay competitive in their industries.

Career Satisfaction:

According to Payscale, Product Development Manager interns have a high level of job satisfaction. They enjoy the opportunity to build skills and gain experience in product development while working alongside experienced professionals. They also appreciate the chance to work on projects that have a tangible impact on the company's success.

Related Job Positions:

The Product Development Manager intern position is closely related to other roles within product development and management, including Product Manager, Project Manager, and Senior Product Development Manager.

Connected People:

The Product Development Manager intern would be interacting with various people within the company, including Product Managers, Engineers, Designers, Data Scientists, Business Analysts, and Marketing Teams.

Average Salary:

The average salary for a Product Development Manager Intern varies by country. According to Glassdoor, the average salary for a Product Development Manager Intern in the USA is $56,000 per year. The average salary for a Product Development Manager Intern in the UK is £22,000 per year. The average salary for a Product Development Manager Intern in Germany is €44,000 per year. The average salary for a Product Development Manager Intern in India is ₹425,000 per year. The average salary for a Product Development Manager Intern in Brazil is R$40,000 per year.

Benefits Package:

The benefits package for a Product Development Manager intern varies by company. However, in general, most companies offer interns some benefits, such as health insurance, a retirement plan, and paid time off. They may also offer other perks, such as free meals, gym memberships, and flexible work schedules.

Schedule and Hours Required:

The schedule and hours required for a Product Development Manager intern vary by company. However, most interns work full time, which typically means 40 hours per week. Some companies may also require interns to work additional hours or weekends, particularly during busy periods or critical project phases.

Level of Autonomy:
As a Product Development Manager intern, you will be working under the supervision of a senior product manager. However, you will be given a certain level of autonomy to work and make decisions independently. You will be responsible for conducting market research, analyzing customer needs and feedback, and developing new product ideas to present to the team. You will also be expected to take charge of projects and manage timelines, ensuring that all deliverables are met in a timely and effective manner.

Opportunities for Professional Development and Advancement:
As an intern in Product Development Manager, you will have numerous opportunities for professional development and advancement. During the course of your internship, you will gain experience in project management, product development, market research, and teamwork. You will also work alongside skilled professionals who will provide guidance and mentorship, helping you to develop and hone new skills. Additionally, there may be opportunities to take on increased responsibilities as your skills and knowledge grow, contributing to your advancement within the company.

Specialized Skills or Knowledge Required:
To be a successful Product Development Manager intern, you will need to have strong analytical skills, a creative mindset, and excellent project management abilities. Additionally, a background in marketing, engineering, or business may be helpful in understanding the product development process. You should be familiar with tools and methodologies used in product development, such as market research, SWOT analysis, and project management software.

Physical Demands:
There are no significant physical demands associated with this role. You will be working in an office environment, using a computer for extended periods, attending meetings, and conducting research online and offsite when appropriate.

Tools and Technologies Used:
As a Product Development Manager intern, you will use a variety of tools and technologies, including project management software, data analysis software, and market research tools. You will also need to be proficient in Microsoft Office Suite, including Word, Excel, PowerPoint, and Outlook. Additionally, you may be required to learn other specialized software or tools that are specific to your industry or company.

Work Style:
As a Product Development Manager Intern, you will need to be highly organized, detail-oriented, and results-driven. You will need to understand the importance of deadlines and be able to manage multiple projects simultaneously. It is important that you are proactive and take initiative, but also listen and take direction from senior team members. In addition, you must have the ability to work well under pressure and adapt quickly to changing priorities.

Working Conditions:
The Product Development Manager Intern role typically works in an office environment, although some projects may require off-site and/or remote work. The typical working hours are standard office hours, Monday through Friday. However, some overtime may be required to meet project deadlines or attend client meetings.

Team Size and Structure:
The Product Development Manager Intern typically works as part of a larger team, which may include senior product managers, designers, engineers, and other stakeholders. The teams can vary in size depending on the project and the company's needs. You will be required to work closely with other team members and communicate effectively with them to ensure project success.

Collaboration and Communication Requirements:
Effective communication is key to success as a Product Development Manager Intern. This includes written, verbal, and non-verbal communication skills. You will need to be comfortable working collaboratively with cross-functional teams, providing regular status updates, and presenting project updates to senior management. Strong interpersonal skills and the ability to build relationships with key stakeholders are also essential.

Cultural Fit and Company Values:
As a Product Development Manager Intern, you will need to align with the company's values and culture. This includes being passionate about the company's mission, having a strong work ethic, and a commitment to excellence. You will need to embody the company's core values, including a focus on teamwork, customer service, and innovation. You will also need to be committed to continuous learning and improvement, both personally and professionally.