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Marketing
Almost a third of all Americans are employed in marketing-related
positions.
Thus, the number of possible marketing careers is enormous. Because
of
the knowledge of products and consumers gained in these jobs,
marketing
positions provide excellent training for the highest levels in
the organization.
Marketing salaries vary by company and position. Beginning salaries
usually
rank only slightly below those for engineering and chemistry but
equal or
exceed those for economics, finance, accounting, general business,
and the
liberal arts. If you succeed in an entry-level marketing position,
you will
quickly be promoted to ahigher levels of responsibility and salary.
Click on a Marketing field to find out more information
Advertising
Brand
& Product Management
Customer
Affairs
Industrial
Marketing
International
Marketing
Marketing
Logistics
Market
Research
New
Product Planning
Purchasing
Retailing
Sales
& Management
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Advertising
Advertising is an important business activity that requires
skill in planning, fact gathering, and creativity. Although
compensation for starting advertising people tends to be
lower than that in other marketing fields, opportunities
for advancement are usually greater because of less emphasis
on age or length of employment. Typical jobs in advertising
agencies include the following positions.
Copywriters help find the concepts behind
the written words and visual images of advertisements. They
dig for facts, read avidly, and borrow ideas. They talk
to customers, suppliers and anybody who might give them
clues about how to attract the target audience's attention
and interest.
Art Directors translate the copywriters'
ideas into dramatic visuals called layouts.
Account Executives are liaisons between
clients and agencies. They explain client plans and objectives
to agency creative teams and supervise the development of
the total advertising plan. Account executives are usually
personable, diplomatic and sincere.
Media Buyers select the best media for
the clients.
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Brand & Product Management
Brand and product managers plan, direct, and control business
and marketing efforts for their products. They are concerned
with research and development, packaging, manufacturing,
sales and distribution, advertising, promotion, market research,
and business analysis forecasting. In consumer goods companies,
the newcomer- who usually needs a MBA- joins a brand team
and learns the ropes by doin numerical analysis and watching
senior brand people. Product management is one of the best
training grounds for future corporate officers
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Customer Affairs
Some large consumer goods companies have customer affairs
people who act as liaisons between customers and firms.
They handle complaints, suggestions, and problems concerning
the company's products, determine what action to take, and
coordinate the company's products, determine what action
to take, and coordinate the activities required to solve
the problem. The position requires an empathetic, diplomatic,
and capable person who can work with a wide range of people
inside and outside the firm.
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Industrial Marketing
People interested in industrial marketing careers can go
into sales, service, product design, marketing research,
or one of several other positions. They sometimes need a
technical background. Most people start in sales and spend
time in training and making calls with senior salespeople.
If they stay in sales, they may advance to district, regional
and higher sales positions. Or they may go into product
management and work closely with customers, suppliers, manufacturing,
and sales engineering.
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International Marketing
As U.S. firms increase their international business, they
need people who are familiar with foreign languages and
cultures and who are willing to travel to or relocate in
foreign cities. For such assignments, most companies seek
experienced people who have proved themselves in domestic
operations. An MBA often helps but is not always required.
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Marketing Logistics
Marketing logistics, or physical distribution, is a large
and dynamic field, with many career opportunities. Major
transportation carriers, manufacturers, wholesalers, and
retailers all employ logistics specialists. Coursework in
quantitative methods, finance, accounting, and marketing
will provide students with the necessary skills for entering
the field.
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Market Research
Marketing researchers interact with managers to define
problems and identify the information needed to resolve
them. They design research projects, prepare questionnaires
and samples, analyze data, prepare reports and present their
findings and recommendations to management. They must understand
statistics, consumer behavior, psychology, and sociology.
A master's degree helps. Career opportunities exist with
manufacturers, retailers, some wholesalers, trade and industry
associations, marketing research firms, advertising agencies,
and governemental and private nonprofit agencies.
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New Product Planning
People interested in new-product planning can find opportunities
in many types of organizations. They usually need a good
background in marketing, marketing research, and sales forecasting;
they need organizational skills to motivate and coordinate
others; and they may need a technical background. Usually,
these people work first in other marketing positions before
joining the new-product department.
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Purchasing
Purchasing agents are playing a growing role in firms'
profitability during periods of rising costs, matierials
shortages, and increasing product complexity. In retail
organizations, working as a "buyer" can be a good
route to the top. Purchasing agents in industrial companies
play a hey role in holding down the costs. A technical background
is useful in some purchasing positions, along with a knowledge
of credit, finance, and physical distribution.
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Retailing
Retailing provides people with an early opportunity to
take on marketing responsibilities. Although retail starting
salaries and job assignments have typically been lower than
those in manufacturing or advertising, the gap is narrowing.
The major routes to the top management in retailing are
merchandise management and store management. In merchandise
management, a person movws from buyer trainee to assistant
buyer to buyer to merchandise division manager. In store
management, the person moves from management trainee to
assistant department (sales) manager to department manager
to store (branch) manager. Buyers are primarily concerned
with merchandise selection and promotion; department managers
are concerned with sales force management and display. Large-scale
retailing lets new recruits move in only a few years into
the management of a branch or part of a store doing as much
as $5 million in sales.
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Sales & Management
Retailing provides people with an early opportunity to
take on marketing responsibilities. Although retail starting
salaries and job assignments have typically been lower than
those in manufacturing or advertising, the gap is narrowing.
The major routes to the top management in retailing are
merchandise management and store management. In merchandise
management, a person movws from buyer trainee to assistant
buyer to buyer to merchandise division manager. In store
management, the person moves from management trainee to
assistant department (sales) manager to department manager
to store (branch) manager. Buyers are primarily concerned
with merchandise selection and promotion; department managers
are concerned with sales force management and display. Large-scale
retailing lets new recruits move in only a few years into
the management of a branch or part of a store doing as much
as $5 million in sales.
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