## Definition of Business Product Manager A Business Product Manager is a type of [[Product Manager]] who focuses on developing and managing products that meet the needs of the business and its customers. They work at the intersection of technology, design, and business strategy, and are responsible for identifying, researching, and defining new product opportunities that align with the product's goals and objectives. ## Responsibility of a Business Product Manager The main responsibility of a Business Product Manager is to ensure that the products they are responsible for are profitable and contribute to the overall success of the business. They work closely with other departments such as sales, marketing, and finance to ensure that the product meets the needs of the customers, is priced appropriately, and is marketed effectively. ## Business Product Manager Skills One of the key skills required for a Business Product Manager is a deep understanding of the market and the competition. They need to keep up to date with the latest trends and developments in the industry, and use this knowledge to develop products that are both innovative and relevant to the needs of the target market. In addition, a Business Product Manager needs to be able to communicate effectively with stakeholders at all levels of the organization, from senior executives to individual contributors. They need to be able to clearly articulate the business case for their products, and work collaboratively with other departments to ensure that the product is developed and launched on time and within budget. ## Business Product Manager Levels There are different levels of Business Product Managers, ranging from junior to senior. ### Junior Business Product Manager Junior Business Product Managers typically have 1-3 years of experience in product management, and focus on supporting more senior members of the team in tasks such as [[Market Research]], data analysis, and product development. ### Senior Business Product Manager Senior Business Product Managers, on the other hand, have many years of experience in product management and are responsible for driving the overall product strategy and [[Product Roadmap]] for the business. Overall, a Business Product Manager plays a critical role in ensuring that the products developed by a company are aligned with its overall business goals and objectives. They need to have a deep understanding of the market, be able to communicate effectively with stakeholders, and be able to balance the needs of the customer with the financial goals of the business.