Market Research Analyst
Market research analysts are in demand. They research and report market conditions in order to suggest and plan the best strategies for potential sales of a product or service. They analyze what consumers want and what they are willing to pay. Market research analysts convert complex data and information into understandable reports and presentations. The average salary for a market research analyst is $62,150, according to the Bureau of Labor Statistics (BLS). The occupational outlook for market research analysts suggests that there will be 19 percent growth by 2024, which is much faster than the average for all occupations.
The job description of marketing directors can vary depending on the size of their employer. Marketing directors at smaller organizations may be responsible for many of the different creative, promotional and marketing-related strategies. In bigger companies, marketing directors oversee staff operations, marketing and advertising budgets and business planning. Marketing directors often need industry experience as well as management experience. The occupational outlook for this kind of position suggests about a 6 percent rate of growth. PayScale reports that the average salary for a marketing director is $80,921.
Marketing managers aid in their company’s expansion into new markets in order to acquire new customers. New customers, of course, increase sales and profitability. Marketing managers oversee the marketing department or team, research trends, identify marketing opportunities and help to develop marketing strategies and campaigns. The BLS reports that employment of marketing managers is set to grow 9 percent by 2024, which is faster than the average for all occupations. This growth is due to the increased use of social media and internet marketing. The average salary for a marketing manager is $128,750 a year, which is higher than advertising and promotions managers.
Business Development Manager
Business development managers use their marketing expertise to acquire new business opportunities that aid in their organization’s growth. They have in-depth knowledge of not only the marketplace but also the competitors. They work with both the sales and marketing departments to strategically plan growth and marketing campaigns that result in profitability. The average salary of a business development manager is $72,358.
Public Relations Specialist
A public relations specialist is responsible for the public image of a company or product. This includes managing the brand and shaping the public’s perception of the organization and its services. Public relations specialists write press releases, work with the media, collaborate with the marketing team to maintain and develop a specific image and identity and use social media to evaluate public opinion and reach new markets. The BLS reports that jobs for public relations specialists will increase 6 percent by 2024, which is about average for all occupations. The average salary for a public relations specialist is $56,770.
Rivier University’s MBA with Concentration in Marketing equips graduates to succeed in today’s competitive marketplace. Students learn in a convenient and flexible online environment that accommodates work and personal schedules. Degree tracks are available in management and information technology management.