Choosing a Marketing Major
Marketing touches upon almost every aspect of our daily
lives. Careers include marketing products and services to
consumers and businesses (B2B marketing) and advocating for
social or political causes. The American Marketing Association
defines marketing as, “ the activity, set of institutions, and
processes for creating, communicating, delivering and
exchanging offerings that have value for customers, clients,
partners, and society at large.â€
Here are just a few of the areas that can lead to exciting
careers in marketing.
Advertising and Promotions — Would you like
to be the creative force behind the Super Bowl TV commercials?
How about managing the public and media's perception of a
company or its products and services? Or, does creating a
national campaign to roll out a new product interest you?
Whether it's a John Deer tractor or Gap blue jeans, the job of
an advertising professional is to get people excited about a
product or service and purchase it. With social media,
advertising and promotions includes exciting new channels
beyond print and broadcast media.
Product Management — Would developing and
launching a new product or improving existing products excite
you? Product managers are responsible for the development,
distribution, and pricing of products which include assessing
the competition and researching future trends. They also
develop promotional campaigns and track sales and profits for
major product categories. Since product management
professionals manage and strengthen brands, they are vital to a
company's success. Think how much fun the iPhone launch was for
the product development team!
Public Relations — Would helping an
individual or organization by creating an image and message and
then effectively communicating it to the desired audience
interest you? All types of organizations, both profit and
non-profit, employ public relations specialists. These
specialists can advise organizations as diverse as the CEO of
Toyota on how to effectively respond to product complaints to
marketing the value and image of the American Red Cross for
their efforts to help disaster victims.
Sales — Would you like to earn a salary
that is based on your efforts and success? Many sales salaries
have a base salary and a commission which can be limitless.
Sales involve providing information, locating potential
customers, presenting the value of your product and service to
that potential client to solve their problems or achieve their
goals and closing the sale. Sales and marketing techniques are
used by professionals in non-profit organizations to raise
funds for universities, charities and political and religious
groups.
Research — Are you curious about what spurs
someone to buy a product, use a service or notice a marketing
promotion? Market research professionals are experts in
consumer and business buyer behavior, using research tools such
as statistical analysis packages, surveys, focus groups, and
product testing. With ever-improving data coming from sources
such as retail scanners and the internet, this field is booming
with career opportunities.
Retailing — Do you want to influence one of
the most dynamic sectors of the world's economy? Store
management, buying, merchandising, and integrated marketing
through the web and social media channels are just some of the
sectors that need highly qualified marketing professionals. If
you are people-oriented and enjoy an exciting,
service-oriented, entrepreneurial profession, then check out a
career in retailing.
Other Marketing Career Opportunities
Pricing - Marketing professionals are also
responsible for pricing products and services. This includes
profit and margin analysis, customer perceptions, and buying
behaviors associated with price.
Distribution and Supply Chain Management --
Marketing is also responsible for distributing the company's
products through wholesalers, retailers, catalogs, social media
networks, and through E-commerce. Distribution also includes
how products are inventoried, packaged, transported, warehoused
and presented on retailers' shelves or on the web. New services
to customers and even entirely new companies such as Amazon.com
can be created by with innovative ways to distribute products
and improve service and support to customers.
Marketing and Information Technology —
Marketing professionals must develop and use data from their
consumer, business or government customers to identify their
highest potential customers as well as prove the value of the
products and services they sell. They must also prove the
return on the costs of marketing campaigns and other
investments to management and company owners. Understanding how
to collect, manage and apply this information is a critical
component of many marketing jobs. In addition, new delivery
technologies such as smart phones, new social media channels
and web tools, plus global positioning systems (GPS) are
changing the way marketing professionals collect information
and reach their customers.
Entertainment, Sports, Health Care, Education,
Manufacturing, Government — Marketing jobs are
available in virtually every sector of the global economy. One
of the biggest U.S. sectors is the entertainment sector
(movies, music, theme parks, travel and leisure). For example
the Disney Corporation frequently recruits for interns through
Wright State's Career Service.
Colleges, universities, charter schools all vie for
undergraduate and graduate students and depend on marketers to
achieve their enrollment goals. And hospitals reach consumers
and potential employees through marketing their unique services
and value. Marketers are involved with intercollegiate and
professional sports organizations. Many of our marketing
students have completed internships with the Dayton Dragons and
the Wright State Athletics Department. The Olympic Games, NFL,
NBA all rely on marketers to obtain sponsors, increase ticket
sales, and promote their events.
The Potential is Unlimited — This overview
is just a small sampling of the career paths available to
marketing majors. Additional resources such as the U.S. Department of Labor's
Occupational Outlook and the American
Marketing Association Job Board and the AMA's on line “Ask
the Expert†for professionals and students are excellent
resources for exploring opportunities and regional salary data
for careers in marketing.
|