With the increased usage of digital and SaaS products in everyday life, there has been an increased demand for product designers and product managers. A product manager guides the product development team in designing and creating the roadmap for the product’s success.  Product managers are essential for delivering any product since they ensure that everything is going right on track. 

Companies started to deliver stronger and longer-lasting products with the help of product managers managing their team. According to the Product Management Hiring Trends Insights Report 2025 from the Institute of Product Leadership, product management has evolved as one of the powerful professions driving the tech-oriented economy. To reduce costs and improve efficiency, firms are choosing freelance product managers over full-time professionals. So, freelancing in product management is a high-paying, in-demand role and is expected to reach to peak in the coming years.

If you are a beginner learning product management or an expert looking for a career switch, this is the right time to blend into freelancing as a product manager. This blog today will explain to you why product management is in high demand and how much you can make as a freelancer.  

Why Companies Are Hiring Freelance Product Managers in 2025

It is evident that product managers are crucial for the success of any product, and freelance product managers are preferred over traditional roles. Freelance product manager jobs are posted globally, where firms across finance, education, and technology are hiring expert managers for product management. The following are some of the reasons for the spike in hiring freelance product managers:

• Cost-efficient: Hiring freelancers instead of full-time employees helps startups and SMEs reduce overhead and onboarding costs.
• Skilled experts: Freelancers possess a wide range of skills, which benefits them with niche expertise. Companies prefer to hire expert individuals, so freelancers have a greater chance of landing a project.
• Flexibility: Freelancers offer flexible working hours with remote collaboration. With flexible schedules, collaboration becomes quick and efficient.
• Faster execution: Full-time employees often tend to take more time for a project than the stipulated deadline. On the other hand, freelancers deliver results in less time since they work with multiple projects, and faster execution leads to good networking for upcoming projects.
• Quality outcomes: Every project is a new milestone for freelance product managers since they add value to their portfolio. So, they ensure that the results delivered are of top quality.  

Also Read: Freelancing in Machine Learning: Successful Careers in 2025

How Much Can a Freelance Product Manager Make?

One of the common questions asked before starting a project in product management is, “How much can a product manager make?” Freelancing is a career that doesn’t have a fixed income. Earnings vary depending on expertise, experience, location, and the project. Usually, beginners have low earnings, and experienced freelancers might earn triple the amount of a full-time employee. According to Glassdoor, the following is the average income potential based on experience:

• Beginner (0 to 1 years of experience): ₹5 Lakhs to ₹10 Lakhs per annum
• Intermediate (4 to 6 years of experience): ₹8 Lakhs to ₹18 Lakhs per annum 
• Expert (10+ years of experience): ₹30+ Lakhs per annum

Note: As discussed above, the earnings of freelancers vary from project to project. So the above tend to change and might not fit all cases. Verify the earnings from the latest sources before proceeding.

Start Your Freelance Product Manager Career with Confidence

Since there are numerous open roles for freelance product manager jobs which are higher than the available experts, this is a great time to become a freelance product manager. Learn skills, improve your knowledge, and start working on real-time projects. Build a strong portfolio, network with clients, and gain valuable expertise. 

Once you have mastered the role, turn to BeGig, India’s trusted tech freelance platform. Connect with top clients and work on high-paying projects. Sign up today and enjoy a smooth, rewarding freelance journey!

Frequently Asked Questions (FAQs)

1. What does a freelance product manager do?

A freelance product manager plans, executes, and sets up the timeline for the product development and delivery.

2. Can freshers become freelance product managers?

Yes. Freshers can become freelance product managers, but first, they should start with certifications and small roles such as product analyst tasks.

3. Are freelance product manager jobs remote?

Yes. Most freelance product manager roles are usually remote.

4. Which industries hire freelance product managers?

SaaS, edTech, fintech, SMEs, startups, and marketing industries hire freelance product managers.

5. How much do freelance product managers make?

According to Glassdoor, freelance product managers make around  ₹17 lakhs per year.