Description

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.

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 managers and directors who manage teams that are involved in advertising, branding 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 collect data on expenses and effectiveness of marketing and then present the information in comprehensive reports to directors and chiefs of the company.

As marketing VPs, they could also play a role in determining the future of products and services. Utilizing tools for market research they are able to determine the changing needs and desires 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.

Roles & Responsibilities

As a Vice President (VP), Marketing with 3-6 years of experience in India, here are some main responsibilities:

  • Creating and implementing effective marketing strategies to drive business growth and achieve organizational objectives.
  • Ensuring consistent brand messaging and identity across all marketing channels to enhance brand equity.
  • Conducting market research and competitor analysis to identify market trends, customer preferences, and opportunities for innovation.
  • Managing and mentoring a team of marketing professionals, providing guidance and support in executing marketing initiatives for optimal results.

Qualifications & Work Experience

Major educational qualifications required for Vice President (VP), Marketing are:

  • BSc in branding, marketing business, PR, or in a related area.
  • A master's degree is preferred.
  • Experience in a similar job.
  • Excellent research and marketing skills.
  • Experience and knowledge of SEO and digital marketing tools, as well as related software.
  • Highly attentive and analytical.
  • Excellent leadership skills and the ability to take difficult decisions.

Essential Skills For Vice President (VP), Marketing

1

Sales Technique

2

Online Marketing

3

People Management

Skills That Affect Vice President (VP), Marketing Salaries

Different skills can affect your salary. Below are the most popular skills and their effect on salary.

Online Marketing

2%

Career Prospects

For professionals with 3-6 years of experience in India as a Vice President (VP) of Marketing, here are four alternative roles to consider:

  • Senior Marketing Manager: Leading marketing strategies and campaigns, closely collaborating with teams to achieve organizational goals.
  • Brand Manager: Focusing on building and maintaining the brand image while implementing marketing initiatives to increase brand awareness.
  • Digital Marketing Manager: Overseeing digital marketing efforts, including SEO, social media, and paid advertising, to enhance online presence and drive customer engagement.
  • Marketing Communications Manager: Developing and executing communication strategies to effectively convey the company's brand message and maintain strong relationships with stakeholders.

How to Learn

The role of Vice President (VP), Marketing in India is projected to witness significant growth in the market. According to a 10-year analysis, the job role is expected to flourish with increasing demand for marketing expertise in various industries. Google data suggests a promising future for professionals in this position, with a surge in employment opportunities anticipated. The evolving digital landscape and the need for effective marketing strategies to drive business growth are contributing factors to this positive outlook. Overall, the VP, Marketing role in India is likely to experience substantial growth, presenting ample career prospects in the years to come.