Marketing Managers are responsible for developing, implementing, and executing strategic marketing plans for an organization in order to attract potential customers and retain existing ones. Their job description typically includes tasks such as market research, identifying target markets, creating marketing campaigns, managing advertising efforts, overseeing branding strategies, analyzing trends, monitoring competitors, and collaborating with other departments to ensure cohesive messaging and branding across all channels. They also track the effectiveness of marketing campaigns, manage budgets, and lead a team of marketing professionals.
This income data is sourced from the May 2023 Occupational Employment and Wage Statistics (OEWS) survey. The dataset is updated annually.
Annual Pay Distribution | Salary |
---|---|
10th percentile | $69,020.00 |
25th percentile | $100,760.00 |
median (50th percentile) | $131,680.00 |
75th percentile | $177,170.00 |
90th percentile | $208,310.00 |
Hourly Pay Distribution | Hourly Rate |
---|---|
10th percentile | $33.18 |
25th percentile | $48.44 |
median (50th percentile) | $63.31 |
75th percentile | $85.18 |
90th percentile | $100.15 |
Marketing Managers typically need a bachelor's degree in marketing, business administration, or a related field. Some employers may prefer candidates with a Master of Business Administration (MBA) degree. While a high school diploma is required for entry into a bachelor's degree program, completion of college-level education is essential for this profession. In addition to formal education, gaining relevant work experience through internships or entry-level positions can be beneficial for aspiring Marketing Managers. Training for Marketing Managers often involves a combination of on-the-job experience and professional development opportunities. This includes learning about market research, advertising, consumer behavior, and strategic planning. Many Marketing Managers also attend workshops, seminars, or conferences to stay updated on industry trends and best practices. Some may pursue certifications such as the Professional Certified Marketer (PCM) designation offered by the American Marketing Association to demonstrate their expertise in the field. Continuous learning and staying abreast of evolving marketing strategies are key components of training for Marketing Managers.