Vice presidents (VP) of marketing are highly-placed executives or board-level directors within a company who are responsible for determining strategies to improve or maintain the market-shares for the goods or services sold. This involves setting strategies in many areas concerned with the presentation of company assets and products, from branding to advertising and even pricing and discount structures. The marketing VP will typically have a department dedicated to researching and providing useful analytical data on the effectiveness of current marketing, as well as ideas for future product development.As a director-level executive, the VP of marketing typically sits on an executive board within the company, usually as a direct report to a division president, chief executive, or chief operating officer. These VPs directly supervise managers and directors who oversee teams involved in branding, advertising/media, and research, and often meet with these managers to receive reports and help direct the company's marketing vision. They also help these managers to set departmental and team budgets, as well as pull data related to expenses and marketing effectiveness and present it in detailed reports to other board members and company chiefs.As marketing VPs, they can also be a factor in driving future product/service offerings. By carefully using market research tools, they can help determine the shifting needs and wants of the company's current consumer base and determine how to best meet that demand. This research can result in emphasizing existing products more, or working with research and development team leaders to bring new products to the market.A typical marketing VP has extensive practical experience at all levels of marketing and branding, and candidates for the position should also have extensive education in marketing and business administration/management. Like most company vice presidents, a marketing VP should expect to work long hours in an office environment and will usually have an administrative staff to manage. Travel may also be part of the job.

The Vice President (VP), Marketing role in Singapore is projected to experience significant growth in the market due to increasing demand for skilled marketing professionals. According to a 10-year analysis, this job role is expected to see an upward trend with ample career opportunities. With the rapid growth of industries and digital marketing advancements, companies will require experienced VPs to drive their marketing strategies. A surge in e-commerce and the need to target diverse consumer segments are also driving the demand for marketing professionals. Overall, the future is promising for individuals seeking employment as Vice President (VP), Marketing in Singapore.

How to Learn

As a VP, Marketing with 3-6 years of experience in Singapore, your main responsibilities include:<ul><li> Developing and implementing strategic marketing plans to drive customer acquisition and retention, and achieve revenue targets.This involves creating comprehensive marketing strategies and executing campaigns to attract and retain customers, aiming to meet revenue goals.</li><li> Managing and leading a team of marketing professionals, providing guidance, support, and feedback to ensure the successful execution of marketing initiatives.This involves overseeing the work of the marketing team, offering direction and support, and fostering a collaborative and productive environment.</li><li> Conducting market research and analysis to identify customer needs, market trends, and competitive landscapes.This entails conducting thorough market research to understand customer preferences, market trends, and competitors, which informs marketing strategies and helps in making data-driven decisions.</li><li> Collaborating with cross-functional teams, including sales, product management, and creative, to develop integrated marketing campaigns and ensure consistent brand messaging.</li></ul>

Roles & Responsibilities

Average take home Salary for a Vice President (VP), Marketing in Singapore is around S$117305 per year

Salary Breakup

Vice presidents (VP) of marketing are highly-placed executives or board-level directors within a company who are responsible for determining strategies to improve or maintain the market-shares for the goods or services sold. This involves setting strategies in many areas concerned with the presentation of company assets and products, from branding to advertising and even pricing and discount structures. The marketing VP will typically have a department dedicated to researching and providing useful analytical data on the effectiveness of current marketing, as well as ideas for future product development.

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Vice President (VP), Marketing

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