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Career Options in Marketing |
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Marketing is an
organizational function and a set of processes for creating, communicating,
and delivering value to customer relationships in ways that benefit the
organization and its customers
- American Marketing Association (2004
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Overview
of Career Options
Graduate of the marketing program have a wide variety
of career options available to them. It has been estimated that marketing
and marketing-related jobs constitute approximately 30% of all jobs in the
United States. Graduates from our program have pursued careers in all of the
following areas:
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Advertising
Job opportunities in
advertising are
varied. Advertising
is a glamorous but
extremely
competitive
industry. Marketing
graduates often find
themselves competing
for positions
against majors in
other fields such as
English, Mass
Communications,
Sociology, and
Psychology, because
knowledge of human
behavior and the
ability to
communicate well are
both important for a
successful
advertising career.
Positions such as
copywriter, media
buyer, art director,
and so on often go
to people who have a
track record, a
graduate degree in
advertising, or
both. So,
entry-level
positions for
students with
undergraduate
degrees tend to be
as an assistant to a
copywriter, art
director, or media
buyer. There are
also account
management or client
relations positions
that may be of
greater interest to
marketing graduates
because they demand
a broader view of
marketing and
business beyond
advertising.
Most undergraduate
marketing degree
programs do not
provide the level of
training in
advertising campaign
development that the
industry demands.
Our undergraduate
courses in
Integrated Marketing
Communications and
Internet Marketing,
along with an
internship, or a
part-time position
selling advertising,
would provide some
experience dealing
with both the
business and the
creative sides of
advertising.
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Brand Management
Establishing a brand philosophy is essential for any company
competing in today's
marketplace. Except for top
management, brand managers are
the one group in the
organization that deals with
every facet of the organization.
Brand group members plan,
develop, and implement marketing
efforts for any branding
initiative. They are generalists
who coordinate the activities of
colleagues in production, sales,
advertising, promotion, research
and design, marketing research,
purchasing, distribution, and
package development.
A typical entry-level position
in this field is as a brand
assistant. Although these
positions traditionally go to
MBAs, some companies are willing
to hire candidates with an
undergraduate education. It is
critical to have a strong
understanding of business
operations and strong
interpersonal, communications,
and analytical skills.
Successful candidates need to
have a strong background in
marketing - including
understanding of marketing
research, promotion, buyer
behavior, and marketing
strategy. Our course in new
Product Development and
Management would be essential
for anyone desiring a brand
management career. |
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Direct Marketing
Direct marketing, also called interactive marketing, involves
marketing directly to the
consumer, and it is a field that
is rapidly growing both in the
United States and globally.
Direct response vehicles include
direct mail, websites, print and
broadcast media, telephone
marketing, catalogues, and
door-to-door marketing.
Opportunities can be found in
any marketing oriented firm
including those offering
consumer goods, industrial
products, financial services,
and service oriented
organizations. Advertising
agencies often have direct
marketing operations which
facilitate the agencies' ability
to broaden their marketing plan.
Individuals interested in
working in the fields of
internet marketing, database
marketing, interactive media,
and creative applications often
find employment in the arena of
direct marketing. Our
undergraduate courses in
Integrated Marketing
Communications and Internet
Marketing would help. |
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Distribution,
Logistics, and Supply Chain
Management
Distribution management involves the analysis, planning,
execution, and auditing of
activities concerned with the
distribution of goods. Personnel
in this field are concerned with
the 'supply chain' and are often
involved in coordinating
transportation, warehousing,
forecasting, order processing,
inventory control, production
planning, and customer service.
Logistics management involves
analyzing the combined costs of
various activities, across
firms, to obtain the highest
level of customer service at the
lowest total cost. Careers in
this field provide opportunity
for rapid advancement as
distribution managers must
interact with managers in all
other functional areas within
and outside of the company. Such
a broad exposure helps to
diverse one's professional
experience and allows for
opportunities for career
advancement.
Entry level positions in distribution management typically
include physical distribution
manager, inventory control
manager, traffic manager,
distribution planning analyst,
category manager, and customer
service manager. Our
Distribution Track within the
undergraduate major would
provide good preparation.
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International Marketing
Many marketing students are attracted to international marketing
careers because of the adventure
and foreign travel associated
with them. Opportunities in
international marketing are
increasing because more firms
are pursuing international
markets. In seeking an
international marketing job, it
is an advantage to be fluent in
a second language and to know
about the culture of the
countries in which you might
like to work. Study abroad, even
for a semester or a summer, is
also excellent preparation.
People who aim for a career in international marketing must
usually spend time mastering the
firm's domestic operations
before being sent abroad. So, a
good way to start is to focus on
firms that are already involved
in international marketing, or
are planning to move in that
direction soon. Also, there are
many websites with listings of
international jobs. Our
International Track within the
undergraduate major would
provide good preparation. Visit
our
International Business
Certificate program to learn
more about events, scholarships,
courses, faculty activities, and
other opportunities related to
international marketing.
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Marketing Research
Individuals employed in the
field of marketing research are
involved with providing
management with the information
and analysis needed for making
decisions. The marketing
researcher may be involved with
the decision maker in
formulating the problem and
identifying the information the
decision maker needs for
resolving the problem. He/she
will generally be involved with
designing research projects,
including determining the data
collection method(s) to be used
and the sample to be taken.
Additionally, the market
researcher will be concerned
with data tabulation, analysis,
report preparation, and
presentation of findings to
management.
Career opportunities exist
with specialized marketing
research firms, or with
organizations that maintain
their own marketing research
departments. It is important to
have strong analytical,
methodological, and
communications skills. Although
some marketing researchers
specialize in qualitative
research, in general, students
who aspire to marketing research
careers should take more
statistics and research
methodology courses than the
typical marketing major. A
recent graduate might begin in a
training program--conducting
interviews, summarizing
open-ended survey questions, or
preparing slide presentations
for clients'
before being
promoted to a position as an
analyst, assistant project
manager, or account
representative. Our Information
for Marketing Decisions course
provides an overview of the
marketing research process.
Advanced courses in statistics
and research methods
either in
marketing or in related fields
such as psychology
are highly
desirable. An internship with a
marketing research firm would
also be valuable.
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New Product Planning
One of the major problems facing
modern managers is the question
of how to develop and implement
successful new products and
services. Many new products fail
due to inadequate attention to
customer needs and competitive
actions. In an effort to improve
success rates, the use of a new
product development process has
become more popular. Persons
involved in new product planning
develop skills in managing
projects, marketing research,
sales forecasting, and
promotional planning.
Formal positions in product
planning are increasing, but
they are usually not entry-level
positions. Historically, such
positions carried titles such as
"assistant manager/director" of
product planning or innovation.
People with sales or other
experience, who understand
customers, might be asked to
join new product development
teams. These teams are often
composed of technical and
creative individuals as well as
marketers. A "product planner"
must be able to uncover new
ideas, conceptualize the product
behind the idea, and objectively
evaluate the idea from a market
and financial standpoint. Unlike
managing an existing business,
new product development is ever
changing. It requires a person
who has a high tolerance for
uncertainty, but who is excited
about bringing new ideas to
market.
Our Product Development and
Management course offers a good
foundation. In addition, the VCU
da Vinci center experience would
be excellent preparation for
students interested in pursuing
careers in product development.
Courses in cost accounting,
capital budgeting,
entrepreneurship, and sales
forecasting would also be
valuable.
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Retailing
and Wholesaling
Management
Companies involved in retailing
afford the graduate an early
opportunity to use professional
knowledge to improve company
profits through the maintenance
of appropriate assortments of
goods and services in locations
easily accessible to customers.
Opportunity for advancement has
been strong and career
opportunities are available in a
wide variety of organizations.
Among the wide variety of
routes to top management in
retailing are merchandise
management and store management.
The progression in the former
would be from assistant buyer to
merchandise division manager.
For the latter, it would be
assistant department (sales)
manager to department manager to
store (branch) manager. The
buyer is primarily concerned
with assortment selection and
promotion. The department
manager is concerned with sales
force management and display.
The larger chain and department
stores have formal training
programs for retail management,
some of which are among the best
in the country. Leadership,
communication skills, ability to
work in fast-paced environment,
knowledge of the store
environment, and
results-oriented motivation
characterize those poised for
success in retailing management.
A diverse background often
characterizes retailing
management positions. Knowledge
of sales and selling techniques
is important. Our Retailing
Track would be a good fit for
anyone interested in pursuing a
career in retailing.
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Personal Selling and
Sales Management
Because there are so many different types of sales jobs and so
many people are employed in
sales, there are many good
entry-level opportunities in
personal selling. Entry level
positions can include trade
sales, missionary sales, and
technical specialists. Many
sales jobs now rely on sales
technology, so some of the more
challenging opportunities will
go to students who can engage in
statistical analysis and sales
forecasting using spreadsheets.
Many students are reluctant to
get into sales, but the field
has many benefits. These include
the opportunity to earn high
salaries and commissions early
in one's career, a chance to
develop self-confidence and
resourcefulness, a chance to
work with minimal supervision,
and a means of acquiring
detailed product and customer
knowledge that can be useful in
many other marketing careers.
Sales managers are usually
proven salespeople who have the
additional skills necessary in
order to recruit, train,
evaluate, compensate, and
motivate salespeople.
Personal selling involves persuasion and the ability to be an
effective communicator.
Effective salespeople and sales
managers are able to understand
their buyer's interests and are
able to match them with the
organization's products. Our
Marketing Communications Track
in the major would be good
preparation. In addition, it is
often easy to find part-time
sales positions or sales
internships in order get
valuable initial experience.
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Services Marketing
The economy's service sector now
exceeds the manufacturing sector
in terms of relative
contribution to GDP. As a
consequence, numerous marketing
positions are available in
banking and financial service
institutions, health care
organizations, leisure-oriented
businesses, and in various other
service settings. Entry-level
positions are increasingly
available to those with
undergraduate business degrees,
as well as those with MBAs.
Positions are similar to those
of the traditional packaged
goods assistant brand manager.
Other positions may be available
in sales capacities, or in a
large service firm's market
research department. Because of
the intangible nature of most
service sector products,
individuals should feel
thoroughly comfortable dealing
with product attributes and
other marketing issues that are
harder to observe and classify.
A broad background in
marketing's functional core,
such as that provided by our
traditional Marketing Mix Track,
as well as our Services
Marketing course, would provide
good preparation. |
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