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, 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.

Roles & Responsibilities

As a Vice President VP, Marketing with 3-6 years of experience in the United States, your main responsibilities include:

  • Develop and execute strategic marketing plans to drive business growth, increase brand awareness, and capture new market opportunities.Create comprehensive marketing strategies that align with company goals and target audience.Implement marketing campaigns across various channels, including digital, social media, and traditional marketing.
  • Lead and manage a team of marketing professionals, providing guidance, coaching, and support to ensure the successful implementation of marketing initiatives.Foster a collaborative and high-performing team environment.Delegate tasks, set clear expectations, and evaluate team performance.
  • Conduct market research and analyze consumer trends to identify customer needs and preferences, allowing for targeted marketing and product development.Gather market intelligence and stay informed about industry trends.Utilize consumer insights to develop effective marketing messaging and positioning.
  • Measure and analyze marketing efforts, monitor key performance indicators KPIs, and provide regular reports and recommendations to senior management.

Qualifications & Work Experience

For a Vice President (VP), Marketing job role, the following qualifications are required:

  • Extensive industry knowledge and experience in marketing strategies, trends, and best practices, with a focus on delivering measurable business results.
  • Proven track record of successfully planning, implementing, and managing large-scale marketing campaigns across multiple channels and platforms.
  • Strong leadership skills to effectively manage and develop a high-performing marketing team, fostering a collaborative and innovative work environment.
  • Exceptional communication and presentation abilities to effectively articulate marketing strategies and initiatives to senior executives, stakeholders, and clients.

Essential Skills For Vice President (VP), Marketing

1

Office 365

2

Six Sigma Management

3

Product Development

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.

Sales Technique

4%

Business Strategy

13%

Strategic Management

2%

Web Analytics

3%

Data Analysis

3%

Leadership

2%

Product Marketing

8%

Agile Product Management

2%

Career Prospects

The role of Vice President VP, Marketing is crucial in driving marketing strategies and achieving business objectives. For professionals with 3-6 years of work experience in the United States, there are several alternative roles to consider. Here are following options worth exploring:

  • Brand Manager: Responsible for developing and executing brand strategies, managing brand identity, and driving brand awareness and equity.
  • Digital Marketing Manager: Focuses on developing and implementing digital marketing campaigns, optimizing online presence, and driving customer engagement through various digital channels.
  • Product Marketing Manager: Works closely with product teams to develop and execute marketing strategies for specific products or services, including market research, positioning, and pricing strategies.
  • Marketing Communications Manager: Focuses on planning and executing integrated marketing communication campaigns, managing public relations, and driving effective communication strategies.

How to Learn

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.