So, You Want to Enter Marketing Management...

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Marketing Management

Marketing Management is a professional field that involves a working knowledge of marketing promotions & advertising, sales, market research and surveying, consumer behavior, organizational behavior, international business, economics, accounting principles, statistics and employee management.

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Marketing Management: About the Field 

Marketing requires a mind geared toward that of the customer: what do they want and/or need? What would interest them? How can I reach them? And importantly, how can I keep them coming back? It is a Marketing Manager's responsibility to find the answers to these questions, while managing the process from concept to finish.

Sales is closely inter-twined with marketing, as the two fields can co-exist to fulfill the promotions/point of sale aspect of a business. Advertising is used to promote a product, service, or the company itself; and management is vital to hold the internal workings of the company together throughout the entire process as a whole.

As a marketer, one must be savvy with today's tactics - especially that of the highly lucrative internet, and it's surprisingly boundless amount of opportunity. Popular methods of making money today are through affiliate promotions - or selling goods and services for a commission, through one's website. Pay-per-click advertising is invested in by companies both big and small, and a webmaster (whose website has relevant content) can greatly reap the rewards as their visitors click these ads, and then follow through with a registration or successful purchase (also known as a conversion).

Marketers have learned to use simple hypothesis to remain competitive: such as the SWOT analysis (strengths, weaknesses, opportunities and threats), which help the marketer assess their business situation and that of their competitors, and the market's situation in general. The 4 P's of marketing, also known as the Marketing Mix, include Product, Price, Place and Promotion. These four attributes help a marketing professional correctly identify with what their product actually is, the logical market entry price to set for it, where it could and should be sold, and how to get the word out through advertising and other means.

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Marketing Management for Students & Newcomers 

Are you looking to enter marketing?

Marketing is such a vast and all-encompassing field, making it a great choice for your undergrad degree. Unlike many other majors, it not only has great value, but allows you to enter a great number of different job professions! After obtaining your Bachelor's of Marketing Management, you will sufficiently be trained to:

[+] Run or manage your own business
[+] Assess & plan a company's business roadmap
[+] Determine new markets, demands and opportunities
[+] Help overcome your company's competition, using aggressive tactics
[+] Create & compile effective surveys
[+] Work in sales support, learn about consumer behavior
[+] Learn about foreign cultures & their traditions
[+] Move sideways into similar positions, like Advertising
[+] Manage and/or motivate other people
[+] Optimize a poorly functioning work environment
[+] Increase the efficiency & layout of a manufacturing environment
[+] Effectively budget your department
[+] Learn from the company's mistakes and improve upon them
[+] Seek out new markets and develop ideas for new products & services
[+] Write effective copy/editorial that 'sells'
[+] Create and improve brand equity & identity

These skills will turn you into the ultimate business machine - with the ability to jump into any situation, market niche, or challenge with confidence. The program takes you through many different fields, including Communications, Accounting, Finance, Economics, Management, International Business, Consumer Behavior, Operations, and more.

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Marketing Management: Suggested Reading: 

Guerrilla Marketing: Secrets for Making Big Profits from Your Small Business

The Los Angeles Times : "No matter what business you're in, Guerrilla Marketing, the bible of lively, low-cost marketing tips, is invaluable."

Avg. Customer Rating: Amazon Rating

Amazon Price: (as of 12/20/2009) Buy Now
List Price: $15.00

Who Moved My Cheese?: An Amazing Way to Deal with Change in Your Work and in Your Life

This is a brief tale of two mice and two humans who live in a maze and one day are faced with change: someone moves their cheese. Reactions vary from quick adjustment to waiting for the situation to change by itself to suit their needs. This story is about adjusting attitudes toward change in life, especially at work. Change occurs whether a person is ready or not, but the author affirms that it can be positive. His principles are to anticipate change, let go of the old, and do what you would do if you were not afraid. Listeners are still left with questions about making his or her own specific personal changes.

Avg. Customer Rating: Amazon Rating

Amazon Price: $9.50 (as of 12/20/2009) Buy Now
List Price: $19.95

What Color Is Your Parachute? 2009: A Practical Manual for Job-Hunters and Career-Changers

Still the best-selling job-hunting book in the world, WHAT COLOR IS YOUR PARACHUTE? is the most complete guide for first-time job seekers as well as second and encore careers changers. For more than three decades, it remains a mainstay on best-seller lists, from Amazon.com to Business Week to the New York Times, where it has spent more than six years, and it has been translated into 20 languages. The 2009 edition is an even more useful book, with its updated, inspiring, and detailed plan for changing readers' lives. With new examples, instructions, and cautionary advice, PARACHUTE is, to quote Fortune magazine, "the gold standard of career guides."

Avg. Customer Rating: Amazon Rating

Amazon Price: (as of 12/20/2009) Buy Now
List Price: $18.95

Marketing Management: Reader Feedback 

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by Pixelrage

Mark has graduated with a Bachelor of Science in Marketing Management in 2000, and additionally holds an MBA.  He has 9 years of experience in ma... (more)

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