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How much do product strategy consultant jobs pay per hour?

As of Sep 11, 2026, the average hourly pay for product strategy consultant in the United States is $61.71, according to ZipRecruiter salary data. Most workers in this role earn between $53.12 and $72.12 per hour, depending on experience, location, and employer.

What is a product strategy consultant?

Product Strategy Consultants are professionals who help organizations develop, refine, and implement strategies for their products. They analyze market trends, customer needs, and competitive landscapes to advise clients on how to position and improve products for maximum impact. Their work often includes market research, product roadmap development, and identifying growth opportunities. By offering expert guidance, they enable companies to make informed decisions and achieve their business goals.

What are the key skills and qualifications needed to thrive as a product strategy consultant?

To thrive as a Product Strategy Consultant, you need strong analytical skills, business acumen, and experience in product lifecycle management, typically supported by a degree in business, marketing, or a related field. Familiarity with tools such as market research platforms, data analytics software (like Tableau), and agile project management systems is important. Excellent communication, problem-solving abilities, and stakeholder management skills help consultants influence decisions and drive strategic alignment. These competencies enable effective development and execution of product strategies that meet market needs and drive business growth.

How does a product strategy consultant typically collaborate with cross-functional teams during a project?

Product Strategy Consultants work closely with cross-functional teams, including product managers, designers, engineers, and marketing professionals. They facilitate workshops, lead strategy sessions, and ensure alignment between business objectives and product development efforts. Effective communication and stakeholder management are key, as consultants must synthesize diverse perspectives and translate them into actionable product strategies. This collaborative approach helps drive consensus and fosters innovation throughout the project lifecycle.

What is the difference between Product Strategy Consultant vs Product Manager?

AspectProduct Strategy ConsultantProduct Manager
CredentialsTypically requires a background in business, marketing, or consulting; certifications like PMP or Agile are commonRequires experience in product development, often with technical or business degrees; certifications like Scrum or Agile are common
Work EnvironmentConsults with multiple clients or internal teams, often project-based, focusing on strategic planningWorks within a specific company, managing the product lifecycle and cross-functional teams
Employer & Industry UsageUsed by consulting firms, tech companies, and startups for strategic guidanceEmployed directly by companies across industries to oversee product development

In summary, a Product Strategy Consultant focuses on providing strategic advice across multiple projects or clients, while a Product Manager is responsible for the end-to-end management of a product within a company. Both roles require strategic thinking and industry knowledge but differ in scope and work environment.

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What states have the most Product Strategy Consultant jobs?

States with the most job openings for Product Strategy Consultant jobs include:

What are popular job titles related to Product Strategy Consultant jobs?

For Product Strategy Consultant jobs, the most frequently searched job titles are:

Infographic showing various Product Strategy Consultant job openings in the United States as of August 2026, with employment types broken down into 79% Full Time, 18% Part Time, 2% Contract, and 1% Nights. Highlights an 89% Physical, 2% Hybrid, and 9% Remote job distribution, with an average salary of $128,357 per year, or $61.7 per hour.

VP, Product Strategy Consultant

Saint Louis, MO โ€ข On-site

First Bank
51 - 200 employees

Full-time

Re-posted 13 days ago


Key responsibilities

  • Develop product strategy and product vision that delivers measurable value to customers and the enterprise.

  • Manage discovery efforts, market research, and competitive intelligence to uncover customer needs and inform the product roadmap.

  • Drive end-to-end delivery of complex, multi-stakeholder initiatives across ideation, requirements, design, rollout, and ongoing support.


Job description

About this Role
The VP, Product Strategy Consultant, is a hybrid role, located on-site in St. Louis MO. This strategic business leader, within the Product & Strategy organization, and reporting to the Head of Product & Strategy plays an integral part of a team that drives enterprise growth, distribution, and channel strategy across the bank. You own the end-to-end product lifecycle - from voice of the customer and discovery through strategy, design, delivery, and ongoing value management - translating customer insights, market data, and business priorities into profitable products and capabilities that create measurable value.
The VP Product Strategy Consultant will analyze complex data from multiples sources to identify actionable business solutions that drive results and project positive outcomes; partner with cross-functional teams to implement scalable tools and frameworks; and drive process improvement initiatives that inform business decisions and operational excellence.
This role will be responsible for defining and executing the bank's branch strategy, ensuring the branch network maximizes growth and efficiency. This includes leading branch network optimization, staffing models, and performance frameworks. The role will serve as the primary driver of branch distribution strategy and execution, partnering across functions to deliver a modern, high-performing, and economically optimized branch network.
The scope of the role expands further to include product growth initiatives (deposit, lending, payments), customer segmentation and value proposition design, and enterprise strategic initiatives led by the Product & Strategy organization.
In this Role You Will
  • Develop product strategy and product vision that delivers measurable value to customers and the enterprise.
  • Conduct complex data analysis needed to develop business strategies based on projections.
  • Manage discovery efforts, market research, and competitive intelligence to uncover customer needs and inform the product roadmap.
  • Own, maintain, and prioritize a clear product backlog aligned to the strategic roadmap and enterprise objectives.
  • Build the framework and track key product success metrics - including financial performance, customer impact, risk posture, and operational reliability.
  • Drive end-to-end delivery of complex, multi-stakeholder initiatives across ideation, requirements, design, rollout, and ongoing support.
  • Lead network and channel strategy initiatives, including footprint optimization, market analysis, branch performance metrics, and data driven decisioning & prioritization.
  • Define and track business-level performance economics - including revenue, cost-to-serve, productivity, and customer outcomes - and translate findings into actionable recommendations.
  • Partner across Retail Banking, Finance, HR, Marketing, CRE, and Technology to design operating models, staffing frameworks, and incentive structures that drive growth and efficiency.
  • Champion process improvement initiatives, leveraging analytics, automation, and stakeholder feedback to improve decision quality and operational effectiveness.
  • Deliver executive-level presentations and communications that articulate strategic priorities, recommendations, and business impact.
  • Provide robust analytics and insights to enable data-driven decisions across the Product & Strategy organization.
  • Champion adoption of AI and automation tools to scale insight generation, decision support, and product execution.

Qualifications, Competencies and Skills
  • Bachelor's degree (B.A.) from four-year college or university strongly recommended; MBA preferred
  • 10+ years of experience in product management, retail banking, strategy, consulting, or branch distribution/network planning.
  • Direct experience in branch distribution strategy and execution is highly preferred.
  • Exposure to broader product management across deposits, lending, payments, and treasury management.
  • Advanced knowledge of product lifecycle, design, and data analytics.
  • Proven ability to lead the end-to-end product lifecycle (discovery โ†’ ideation โ†’ strategy โ†’ requirements โ†’ delivery โ†’ value management).
  • Strong background in retail banking P&L economics, deposit and lending dynamics, market analysis, and customer segmentation.
  • Advanced knowledge of data analysis and visualization tools such as Power BI, Tableau.
  • Experience in business intelligence, automation, and data visualization for executive audiences.
  • Strong analytical, problem-solving, and process improvement skills.
  • Demonstrated ability to lead complex, cross-functional initiatives in a matrixed environment.
  • Strong stakeholder management and executive communication skills, with a track record of influencing senior leaders.
  • U.S. Military Veterans are encouraged to apply

Compensation Disclosure
The range for this role takes into account many factors that First Bank considers when making hiring decisions, including but not limited to prior experience, skill set, training, and other internal business and organizational factors. First Bank generally does not hire at or near the top of the stated range. The range is driven by the geographic location of the anticipated hiring location; however, the specific range may vary depending on the geographic location for remote positions. Compensation decisions depend on the specific facts and circumstances of each hiring instance. A reasonable estimate of the current pay range is $140,000 - $170,000.