
Marketing
Associate of Applied Science
Specializations:
eCommerce
Marketing Management
Retail Merchandising
According to a National Association of Colleges and Employers survey, starting salaries for marketing majors graduating in 2005 averaged $33,873; starting salaries for advertising majors averaged $31,340!
What do marketers do?
According
to the U.S.
Department of Labor Marketing managers develop
the firm’s marketing strategy
in detail. With the help of subordinates, including product
development managers and market
research managers, they estimate the demand for products
and services offered by the firm and its competitors. In addition,
they identify potential markets—for example, business firms,
wholesalers, retailers, government, or the general public. Marketing
managers develop pricing strategy to help firms maximize profits
and market share while ensuring that the firm’s customers are
satisfied. In collaboration with sales, product development, and
other managers, they monitor trends that indicate the need for new
products and services, and they oversee product development. Marketing
managers work with advertising and promotion managers to promote
the firm’s products and services and to attract potential users.
>>More
How much money do marketers make?
Median annual earnings in May 2004 were $63,610 for advertising and promotions managers, $87,640 for marketing managers, $84,220 sales managers, and $70,000 for public relations managers.
Median annual earnings of advertising and promotions managers in May 2004 in the advertising and related services industry were $89,570.
Median annual earnings in the industries employing the largest numbers of marketing managers in May 2004 were as follows:
Computer systems design and related services |
$107,030 |
Management of companies and enterprises |
$98,700 |
Insurance carriers |
$86,810 |
Architectural, engineering, and related services |
$83,610 |
Depository credit intermediation |
$76,450 |
>>More
What is the Job Outlook?
Advertising, marketing, promotions, public relations, and sales manager jobs are highly coveted and will be sought by other managers or highly experienced professionals, resulting in keen competition. College graduates with related experience, a high level of creativity, and strong communication skills should have the best job opportunities. In particular, employers will seek those who have the computer skills to conduct advertising, marketing, promotions, public relations, and sales activities on the Internet.
>>More
|
What do marketers do?
According to the U.S. Department of Labor For marketing, sales, and promotions management positions, some employers prefer a bachelor’s or master’s degree in business administration with an emphasis on marketing. Courses in business law, economics, accounting, finance, mathematics, and statistics are advantageous. In highly technical industries, such as computer and electronics manufacturing, a bachelor’s degree in engineering or science, combined with a master’s degree in business administration, is preferred.
For all these specialties, courses in management and the completion of an internship while the candidate is in school are highly recommended. Familiarity with word-processing and database applications also is important for many positions. Computer skills are vital because marketing, product promotion, and advertising on the Internet are increasingly common. Also, the ability to communicate in a foreign language may open up employment opportunities in many rapidly growing areas around the country, especially cities with large Spanish-speaking populations.
Persons interested in becoming advertising, marketing, promotions, public relations, and sales managers should be mature, creative, highly motivated, resistant to stress, flexible, and decisive. The ability to communicate persuasively, both orally and in writing, with other managers, staff, and the public is vital. These managers also need tact, good judgment, and exceptional ability to establish and maintain effective personal relationships with supervisory and professional staff members and client firms.
Because of the importance and high visibility of their jobs, advertising, marketing, promotions, public relations, and sales managers often are prime candidates for advancement to the highest ranks. Well-trained, experienced, and successful managers may be promoted to higher positions in their own or another firm; some become top executives. Managers with extensive experience and sufficient capital may open their own businesses.
How much do marketers make?
According to the U.S. Department of Labor Median annual earnings in the industries employing the largest numbers of sales managers in May 2004 were as follows:
Computer systems design and related services |
$119,140 |
Wholesale electronic markets and agents and brokers |
$101,930 |
Automobile dealers |
$97,460 |
Management of companies and enterprises |
$95,410 |
Machinery, equipment, and supplies merchant wholesalers |
$84,680 |
According to a National Association of Colleges and Employers survey, starting salaries for marketing majors graduating in 2005 averaged $33,873; starting salaries for advertising majors averaged $31,340.
Salary levels vary substantially, depending upon the level of managerial responsibility, length of service, education, size of firm, location, and industry. For example, manufacturing firms usually pay these managers higher salaries than do nonmanufacturing firms. For sales managers, the size of their sales territory is another important determinant of salary. Many managers earn bonuses equal to 10 percent or more of their salaries.
What is the job outlook for marketers?
According to the US Department of Labor, employment of advertising, marketing, promotions, public relations, and sales managers is expected to increase faster than the average for all occupations through 2014, spurred by intense domestic and global competition in products and services offered to consumers. However, projected employment growth varies by industry. For example, employment is projected to grow much faster than average in scientific, professional, and related services, such as computer systems design and related services, and in advertising and related services, as businesses increasingly hire contractors for these services instead of additional full-time staff. By contrast, a decline in employment is expected in many manufacturing industries.
|
|