Description

Trade marketing managers usually lead teams of marketing specialists to create coherent brand marketing strategies that improve brand recognition. They have to ensure that their strategies are integrated into the overall marketing strategy of the company as well as being responsible in local branding development as well as selling products to other companies who then sell them to their own customers. The customers of trade marketing managers are comprised mainly of retailers and distributors.

Trade marketing managers can create the necessary materials to present their ideas at trade shows. They can they can also consider specific needs of the trade market like merchandising equipment, display units that stand on their own, as well as marketing materials that support the effective execution of compelling sales in-store programs. They can monitor the acceptance of new products at the key distribution channels and report their findings to sales, marketing and production teams, and increase brand recognition through loyalty programs and new launch of new products at trade shows.

Trade marketing managers design and implement sales campaigns, devise strategies to increase sales, and aid in building reputation for the brand through campaigns that focus on the market that the company is in as well as collect and analyze the results of metrics that are used to support the overall strategy of marketing. They must be able to plan and execute large- and small-scale projects on-time and on-budget through their understanding of return-on-investment, key performance indicators, and analytics, and may also develop marketing or promotional materials such as newsletters, podcasts, presentations, or website content. They should ensure that they have a proper planning and management of orders for materials in stores and manage project estimations and presentations for clients. Managers of trade marketing typically work in offices during normal business hours.

Roles & Responsibilities

As a Trade Marketing Manager with 3-6 years of experience in the United Kingdom, your main responsibilities include:

  • Developing and implementing trade marketing strategies to drive product visibility and increase sales conversion. Create effective strategies to promote products, increase brand visibility, and boost sales in the market.
  • Collaborating with sales and marketing teams to develop and execute trade marketing initiatives. Work closely with sales and marketing departments to plan and execute trade marketing campaigns and initiatives.
  • Analyzing market trends, competitor activities, and consumer behavior to identify opportunities for business growth. Monitor market trends, analyze competitor activities, and study consumer behavior to identify areas of growth and capitalize on opportunities.
  • Managing relationships with key retail partners, negotiating trade deals, and ensuring optimal product placement within retail outlets.

Qualifications & Work Experience

For a Trade Marketing Manager job role, the following qualifications are required:

  • In-depth knowledge of trade marketing strategies and tactics, with a proven track record of implementing successful campaigns to drive sales and brand awareness.
  • Strong analytical skills to analyze market trends, consumer behavior, and competitor activities, and use data-driven insights to develop effective trade marketing plans.
  • Excellent communication and presentation skills to effectively communicate marketing strategies, collaborate with cross-functional teams, and build strong relationships with key stakeholders such as retailers and distributors.
  • Solid project management abilities to successfully plan, execute, and evaluate trade marketing initiatives within budget and timelines, ensuring optimal return on investment.

Essential Skills For Trade Marketing Manager

1

Marketing Analytics

2

Trading Risk

3

Technical Trading

4

Marketing Management

Skills That Affect Trade Marketing Manager Salaries

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

Strategic Planning

3%

Career Prospects

The role of Trade Marketing Manager is crucial in driving the success of marketing strategies and maximizing product visibility. For professionals with 3-6 years of experience in the United Kingdom, here are following alternative roles to consider:

  • Brand Manager: A position focused on developing and executing brand strategies, managing product portfolios, and ensuring brand consistency across all marketing channels.
  • Sales Manager: A role that involves developing sales strategies, managing sales teams, and driving revenue growth through effective sales techniques.
  • E-commerce Manager: A position focused on overseeing online sales channels, optimizing website performance, and implementing digital marketing strategies to drive online traffic and conversions.
  • Category Manager: A role that involves analyzing market trends, managing product categories, and developing pricing and promotional strategies to achieve sales targets.

How to Learn

The role of Trade Marketing Manager in the United Kingdom is projected to witness significant growth in the market. Over the past 10 years, this job role has experienced a steady rise in demand, with an increasing number of companies recognizing the importance of trade marketing. With the shift towards a digitalized economy, the role has become even more crucial in promoting products and maximizing brand visibility. Moreover, advancements in e-commerce and online retail are expected to create numerous employment opportunities for Trade Marketing Managers in the future. This trend is supported by available data points on Google, highlighting the positive outlook for this position.