Vice-presidents (VP) in marketing work as high-ranking directors or executives at the board level within a business who are accountable for formulating strategies for improving or maintaining the market share of the products or services offered. This includes establishing strategies for a variety of areas that deal in the way that they present company products and assets, from branding to marketing and pricing and discount structures. The marketing VP is likely to have a team that is devoted to research and providing valuable information on the efficacy of marketing in the present and ideas for the future development of products. As a director-level executive the VP of Marketing typically is a member of an executive board within the business typically as a direct subordinate to a division's chief executive, president, or chief operating officer. They directly supervise directors and managers who manage teams that are involved in branding, media/advertising research, and branding. They frequently meet with their managers to review reports and assist in directing the company's marketing strategy. They also assist managers set budgets for their teams and departments and pull information on expenses and effectiveness of marketing and then present the information in comprehensive reports to directors and chief executives of the company. As VPs of marketing are also an influencer in the development of the future offerings of products and services. Utilizing tools for market research they are able to identify the changing demands and needs of the current customer base, and then determine the best way to meet the need. The results of this research could be highlighting existing products more or working with the research and development team managers to introduce new products onto 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. As with most vice-presidents of companies the marketing VP must be prepared to work for all day in an office setting and be a member of an administrative team to supervise. Travel is also a part of the task.

The role of Vice President (VP) of Marketing in the United States is expected to experience significant growth in the market. Over the past 10 years, this job role has seen steady expansion, indicating a positive trend. According to recent data from Google, the projected employment opportunities for this position in the future are quite promising. Numerous companies across various industries are increasingly recognizing the importance of effective marketing strategies, leading to a rise in demand for qualified professionals in this role. With ongoing advancements in digital marketing and evolving consumer behavior, the VP of Marketing is anticipated to continue experiencing strong growth prospects in the years to come.

How to Learn

As a Vice President VP, Marketing with 6-9 years of experience in the United States, your main responsibilities include:<ul><li> Develop and implement comprehensive marketing strategies to enhance brand visibility and drive business growth.Create and execute strategic marketing plans across various channels and platforms.</li><li> Lead and manage a team of marketing professionals, fostering collaboration and ensuring the successful execution of marketing initiatives.Oversee the hiring, training, and performance evaluation of marketing staff.</li><li> Analyze market trends and competitive landscape to identify opportunities and make data-driven recommendations for improvement.Conduct market research, gather consumer insights, and monitor industry trends.</li><li> Drive the development of creative content and communication materials to effectively promote products/services and engage target audiences.</li></ul>

Roles & Responsibilities

Average take home Salary for a Vice President (VP), Marketing in United States is around $184543 per year

Salary Breakup

Vice-presidents (VP) in marketing work as high-ranking directors or executives at the board level within a business who are accountable for formulating strategies for improving or maintaining the market share of the products or services offered. This includes establishing strategies for a variety of areas that deal in the way that they present company products and assets, ranging from branding to marketing and even pricing and discount structure. The marketing VP is likely to have a team that is devoted to research and providing valuable information on the efficacy of marketing in the present and ideas for the future development of products.


Breakup	Range
Base Salary	null - null
Bonus	null - null
Commisssion	null - null
Profit Sharing	null - null
Total Pay	null - null

Vice President (VP), Marketing

Salary Breakup

Skills That Affect Vice President (VP), Marketing Salaries

Explore

More

Get in Touch with Us