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CAREERS IN

MARKETING
INDUSTRY TRENDS AND RANKINGS
POSITIONS AND RESPONSIBILITIES
WORKPLACE CULTURE AND COMPENSATION
THE RECRUITING PROCESS

InsideR Scoop: Front-Line Reports


Insider
Guide
Careers in
Marketing 2008 EDITION
Careers in Marketing

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Careers in marketing

2008 Edition
ISBN: 978-1-58207-759-8

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All illustrations by mckibillo


Careers in Marketing

CHAPTER 1 2
1 Careers in
marketing at
5 The Role

a glance 6 Overview

8 Hiring Trends

9 Breakdown by
Industry

24 Trends in the Field

Careers in
Marketing

conte
2008 EDITION
3456
29 On The Job 45 The workplace 61 Getting Hired 77 For Your
Reference
30 The Big Picture 46 Culture and Lifestyle 62 The Recruiting
Process 78 Industry Jargon
31 Marketing 49 Workplace Diversity
Associate/Brand 63 Requirements 82 Books
Assistant 51 Compensation
64 The Hidden Job 83 Newspapers and
33 Brand/Product 53 Perks Market Trade Publications
Manager
54 Career Opportunities 65 Stealth Marketing 84 Associations
35 Creative Specialist Tips
56 The Inside Scoop 85 Online Resources
37 Marketing/Fund 68 The Tailored
Development Portfolio
Director
70 Interviewing Tips
39 Market Researcher
73 Getting Grilled
42 Marketing
Consultant

nts
Marketing
at aGlance

1
At a glance
Careers in Marketing

Industry Nonprofits are counting on the skills of the


marketing department to compete for government and

Outlook foundation grants, private donations, and corporate


sponsorships. In the nonprofit field, that often falls
into the general area of development. Fee-for-service
Consumer packaged goods companies offer marketing and membership marketing expertise are
The Role

positions on a more consistent basis than other key qualifications in many of the larger, more stable
industry segments do, though competition is stiff and organizations, and theyre the most transferable skills
burnout among brand managers and new product for nonprofit marketers who want to keep their
development managers is an issue. Your market options open in the for-profit sector.
research expertise coupled with new technology- Across all industries, market research is feeling
assisted data collection techniques and experience with the pinch of smaller research budgets. Thats why
a high-profile global consumer branding company researchers are shifting their focus to low-cost
could give you the edge over the competition as your online surveys and other technology-assisted data
On the Job

career progresses. collection methods, instead of costly, time-intensive


Professional services firms are increasingly hiring focus groups, mail surveys, and telephone research.
marketers to bring a strategic customer orientation Market researchers should triangulate their skill
to a field that was previously sales-driven, although sets with a sound grasp of statistics and statistical
specialized knowledge is often required. Expertise in software, qualitative methods such as focus groups and
customer relationship management and reputation interviewing, and new media-assisted data collection
The Workplace

management is especially helpful. techniques such as online surveying.


Financial services firms are still scrambling to repair
their reputations in the wake of alleged IPO kickbacks,
insider trading, and cooking of the books in the early
2000s; marketers with a grasp of law and finance
could be the right ones to do it. The high rewards of
this field come with substantial risks, namely market
volatility and ethical quagmires.
Pharmaceutical and tech companies are hiringin
Getting Hired

particular, biotech, medical technology, and blue-chip


firms that understand the need to express innovation
in human terms for market success. Demonstrated
business savvy plus a background in science or
technology equal a winning combination for tech
marketers.
REFERENCE
FOR YOUR

 W E T F E E T I N SIDER GUIDE
At a glance
Opportunity
Overview
Undergrads will find opportunities to discover

The Role
their niche and pad their portfolios if theyre prepared
to tolerate number crunching, intensive teamwork,
and low starting pay for their first couple of years
as marketing associates, brand assistants, or fund
development assistants. If you have a solid grounding
in statistics, then you will have a better shot at entry-
level market research analyst positions, which tend to
pay more than other entry-level marketing positions.

On the Job
MBA degrees aid career advancement at the
executive level, but they dont hold as much sway in
marketing as they once did and are no guarantee of
signing bonuses. New MBAs should expect to enter
low-level positions and advance gradually with a
consistent track record of marketing wins. Granted,
an MBA can help you land a management position in

The Wor place


market research, provided your coursework covered
statistics and research methods. But keep in mind that
PhDs in disciplines calling on strong communication
and analytical skillsfrom statistics and math to
psychology and politicsoften have the edge in
snagging market research positions.
Midcareer professionals may find business skills
and industry know-how to be assets in establishing

Getting Hired
themselves in an industry-specific marketing niche,
but they should expect to downshift to lower-level
positions until they can show some solid wins.
Experience with statistical modeling software and
research design could help people in this group land
market research positions. To attain a management
position in market research, at least a graduate degree
in marketing, business, or statistics is necessary.
REFERENCE
FOR YOUR

WETFEET INSIDER GUIDE 


The Role

2
Overview...........................................6
Hiring Trends...................................8
Breakdown by Industry.....................9
Trends in the Field......................... 24
At a glance
Careers in Marketing

Overview Market researchers often fall into two camps:


qualitative and quantitative. Conducting focus
groups, interviews, and anthropological field studies
If youve ever watched a clever television ad and (like visiting homes to find out when and where
thought, I could do that, be advised: Theres far more kids eat peanut butter) are the domain of qualitative
to a marketers job than meets the eye. What you dont researchers. Gathering surveys, customer-relations data,
The Role

see is all of the careful demographic and statistical and multivariate analysis are the turf of quantitative
analysis, extensive testing and surveys, supplier and researchers. Unless working with numbers every day
vendor management, and strategic thinking that goes makes you happy, dont get into quantitative research.
into every worda process that takes specialized
expertise and months of teamwork. If your creative Pick Your Industry Carefully
genius is matched by your analytical acumen, you Marketers roles depend greatly on their sector
might find that marketing makes for a worthy (described in detail in the Breakdown by
challenge and an exciting career. Industry section, page 9). In consumer packaged
On the Job

The uninitiated could mistakenly equate marketing goods (CPG) companies and agencies, marketers
with peddling household products, but marketers are the market research analysts, brand managers,
know their roles are far more complex and engaging and VPs of marketing who deliver and draw
than that. They help their organizations anticipate the attention to desirable products to supermarket
publics needs and position their messages to satisfy shelves. In prominent law firms and financial
those needs. As such, marketing is the necessary service firms, the people who drive marketing are
The Workplace

link between an organization and its target audience, marketing assistants, marketing managers, and
which is broadly defined to include customers, clients, chief marketing officers. These firms gain and
investers, and partners. maintain prominence in an increasingly crowded
marketplace for services through adroit service
Where Research Comes In marketing and customer relationship management
Do you often wonder why people behave the way they (CRM). High-tech companies continue to offer
do? If so, then a career in market research could be positions to specialized marketers who can
for you. Market researchers make it their business to explain technical advantages in business terms
uncover the strangest quirks of human behavior and to institutional and consumer clients; nonprofit
Getting Hired

apply their findings to identify social, economic, and organizations are turning to talented and tenacious
political patterns. Market research runs the gamut of marketers and fund developers to expand their
developing the methodology and metrics for a research funding base.
project to crunching numbers, collecting data, and The availability of marketing jobs also depends
presenting your findingswhich insiders say is much a great deal on the industry you choose. The U.S.
more exciting than it might sound. Bureau of Labor Statistics forecasts a steady increase
in the number of marketing jobs from 18 percent to
INSIDER SCOOP 26 percent by the year 2014. The fastest growth is
Most marketing students view market research predicted to be in scientific, professional, and related
as a tedious, meticulous necessity. But its the servicesspecifically, computer systems design
REFERENCE

only aspect of marketing that gives us true companies, software publishers, financial services
FOR YOUR

insight into the minds of consumers, and I find organizations, health-care institutions, advertising
that fascinating. firms, and insurance companies.

 W E T F E E T I N SIDER GUIDE
At a glance
market is not growing consistently. Gas and oil
As companies increasingly hire contractors to companies, which heavily increased spending in 2005,
meet their information technology and advertising tightened the purse strings in 2006. Food and beverage
demands, businesses that provide these services will companies and automotive companies, whose ads are
need additional staff. According to Advertising Age, typically seen during every commercial break, spent
the industries that most dramatically upped their 1.2 percent and 5.7 percent less, respectively, in 2006.

The role
marketing expenditures in 2006 from 2005 were Newcomers to the marketing field are advised to seek
government, politics, and religion (43 percent); real jobs in growing industries; that could mean looking
estate (20.3 percent); insurance (19.2 percent); and past traditional big spenders. Insiders say opportunities
computers and software (13.5 percent). at financial and professional services, health care, and
public-sector organizations are on the rise.
Internet Skills Become a Must
Marketers with a thorough understanding of The Bottom Line
Internet marketing techniques are in high demand Demand is outweighing supply when it comes to

On the Job
industrywide. Although overall advertising spending the hiring pool. However, experience is still key, and
grew 3.1 percent in 2006, spending on traditional finding ways to get a foot in the door without it is still
measured advertising (TV, radio, and print) saw only a challenge.
a tiny 0.6 percent increasethe slowest growth since
the 2001 recession, according to the June 25, 2007,
issue of Advertising Age. The Interactive Advertising

The Workplace
Bureau found that companies spent $16.9 billion on
online advertising in 2006, up 35 percent over 2005. Im having trouble finding
Similarly, the Direct Marketing Association reports a experienced marketing
34 percent increase in Internet advertising in 2006.
Plenty of surveys and anecdotal evidence indicate
people, says one recruiting
these specialists are getting harder and harder to insider. Others in the
findand more expensive to hire once theyre found, industry have been telling me
according to a column by Ellis Booker, editor of BtoB
and BtoBs Media Business magazine. the same thing.

Getting Hired
Heating Up
The marketing industry has rebounded modestly from
the recession at the start of the decade. In a survey To land any marketing position, youll need to
of 100 companies that spent the most on advertising network extensively. When times get tough, your track
in 2006, Advertising Age found 69 had increased record will also be your source of job security. Your best
advertising spending. Some agencies and companies bet to set yourself apart is to demonstrate analytical
have learned the hard way that cutting out marketing skills, creative thinking, and business savvy. Be careful
efforts also means cutting into revenue; theyre now not to exaggerate your experience just to get your foot
considering bringing in new talent to remedy the in the door; once youve landed a job, youll be expected
REFERENCE

situation. A survey by The Creative Group revealed to deliver comparable wins for your new employer.
FOR YOUR

that 60 percent of advertising and marketing executives


expected their companies to add marketing and
advertising personnel in 2007. However, the advertising

WETFEET INSIDER GUIDE 


At a glance
Careers in Marketing

Hiring Trends New Media, New Opportunities


While spending on traditional advertising venues
slumps, Internet-based marketing is picking up speed.
Prospects for marketers have been growing TNS Intelligence, a marketing information company,
steadily. According to the National Association of predicts that spending on Internet advertising will
Colleges and Employers, nine out of ten employers grow 16 percent in 2007. Advertising Age reported a
The Role

reported more competition for hiring college graduates 17.3 percent rise in Internet marketing expenditures in
in 2006 than in past years. The association also found 2006. For job hunters, this means getting experience
the average salary of 2006 college grads with marketing in online marketing is more important than ever. Yes,
degrees was $40,161, up 6.1 percent from 2005. gaining experience in new media can be hard because
The 200607 Occupational Outlook Handbook many companies arent doing it at all or arent doing
from the Bureau of Labor Statistics predicts overall it right, but do what you can to make yourself stand
long-term employment in the fields of marketing, apart. Start a blog that follows marketing trends
advertising, and public relations to increase 18 and put a link on your resume. Post ads for pretend
On the Job

percent to 26 percent through 2014. The Bureau of products online and see how many hits you can
Labor Statistics points to increasing domestic and get. Make sure your Facebook or MySpace page is
global competition in consumer products and services professional and up-to-date. Show you are savvy.
as a key reason for this job growth. Furthermore,
the proliferation of broadcast and online media is
drumming up demand for professionals to manage
> TIP
Getting experience in online
The Workplace

increasingly complex marketing strategies. However,


marketing is more important than
the growth in opportunities varies widely by sector: ever.
Robust growth is anticipated in scientific and
professional services realms, while no growth is
expected in the manufacturing sector. The Bureau of
Labor Statistics also cautions about overall increased
competition for full-time marketing opportunities
given that hiring independent contractors in lieu
of replacing full-time marketing professionals is Big Spenders, Big Hirers?
Getting Hired

becoming more common. The following table ranks companies by the amount
of money they spent on advertising in 2006, which is
a pretty good measure of how important building and
maintaining their marketing departments are to them.
Also note the trends in revenue growth; profitable
companies have more to spend on payroll expansion.
REFERENCE
FOR YOUR

 W E T F E E T I N SIDER GUIDE
At a glance
Rankings of Marketing Firms Breakdown
Rank Advertiser
2006
Total U.S.
Advertising
1-Year
Change
by Industry
Spending (%)
Consumer Packaged Goods

The role
($M)

1 Procter & Gamble 4,898 6.8

2 AT&T 3,344 26.0

3 General Motors 3,296 -19.8


Experience at a large consumer
4 Time Warner 3,088 -12.2
products company often means
5 Verizon 2,821 13.7
youve been trained by the best.

On the Job
6 Ford 2,576 -1.3

7 GlaxoSmithKline 2,444 8.6


CPG (consumer packaged goods) marketing is
8 Walt Disney 2,320 1.2
still widely regarded as good, core experience
9 Johnson & Johnson 2,290 -14.2 for marketers, providing a balance of creative
10 Unilever 2,098 8.0
opportunities and analytical rigor that hones

The Workplace
marketing skills. CPG marketers can gain a breadth
11 Toyota 1,995 11.9 of experience and business skills dealing with cross-
12 Sony 1,994 10.7 functional teams, managing manufacturing and
logistics, applying market research findings, and
13 DaimlerChrysler 1,952 -10.5
working with creative agencies and other outside
14 GE 1,860 -6.0 vendors. One insider compared his jobs at major food
CPGs to degrees from Ivy League schools.
15 Sprint Nextel 1,775 3.5
Insiders say that opportunities are competitive in
16 McDonalds 1,748 5.5 the CPG industry, but are more consistently available

Getting Hired
17 Sears 1,652 -3.6 than in other industry segments. As one marketer says,
No matter how bad the economy gets, people still
18 LOreal 1,456 -0.5
need to eat and clean up after themselves.
19 Kraft Foods 1,423 -0.4 Despite the consistency of demand for household
products, CPG companies like Campbells, Pepsi,
20 Macys 1,361 1.1
Coca-Cola, and General Mills are losing brand loyalty
21 Nissan 1,328 -7.8 as cheaper, generic store brands populate grocery store
22 Bank of America 1,334 -10.9
shelves. Often only two differences exist between store
brands and name brands: the brand itself and price.
23 Nissan 1,328 -7.8 CPG companies have steadily bumped up prices as
REFERENCE

fuel and ingredient costs have risen.


FOR YOUR

24 PepsiCo 1,322 -9.5

25 Nestle 1,315 3.5

Source: Advertising Age, 100 Leading National Advertisers: Marketer


Profiles Yearbook, June 25, 2007
WETFEET INSIDER GUIDE 
At a glance
Careers in Marketing

To prevent the loss of customer loyalty to store


brands, CPG companies have had to work harder
Got milk?
to strengthen branding. In fact, much of the rise in
food costs is actually due to an unwillingness to put a
Skyrocketing fuel per pound, respectively.
prices, drought, and Higher energy prices hold on marketing budgets to compensate for higher
other factors have sent are having the biggest ingredient costs. As a result, jobs for brand managers,
The Role

food prices climbing across-the-board marketing directors, vice presidents, and chief
in certain parts of the impact on food prices,
marketing officers at CPG companies are becoming
country. according to the July
A drop in U.S. milk 2007 Farm Bureau more abundant, according to recruiters.
production (think report. A $1 dollar Large, old-fashioned CPG companies are typically
national herd reduction increase in a gallon of slow to react to market trends. When confronted
program and increased gas results in almost
with armies of consumers embracing high-protein,
grain costs) combined a 1 percent increase in
with a rise in domestic food prices, affecting low-carb, high-fiber, low-sugar, and other fad diets,
and global (think India farm production, food their response has been to keep peddling the same
On the Job

and Latin America) processing and even wares they always have. Meanwhile, smaller food
demand for dairy food packaging.
products sent the price What does that have
companies have rushed to fill the need for healthful
of a gallon of milk up to do with the price and environmentally sustainable foods. Now CPG
31 cents to $3.03, a of tea in Chinaor, behemoths are beginning to face the threat these newer
pound of cheese up more to the point, your brands pose by introducing products and brands at
13 cents to $3.35, career in marketing?
and a pound of butter It just serves to show rates that are unusually brisk for them. For instance, in
The Workplace

up 22 cents to $3.21 how marketability 2007, General Mills created the Worldwide Innovation
in second-quarter of even the most Network to encourage partnerships between food
2007, according to a basic products can product inventors and the cereal Goliath to expand
Wisconsin Farm Bureau be affected by the
survey. The study also broadest economic, its product offerings. For marketers, the growth in
showed that the price geographic and cultural product diversity means more opportunities to create
of Wisconsin tomatoes factors. and manage brands. For suburban moms tired of
and potatoes shot up Chew on that until the
running to the health food co-op, it means being able
12 cents and 9 cents cows come home.
to find organic Cheetos at the local supermarket.
Getting Hired
REFERENCE
FOR YOUR

10 W E T F E E T I N SIDER GUIDE
At a glance
20 Largest U.S. Consumer Packaged Goods Companies by Sales
2006 Net 1-Year 1-Year Growth
Company Employees Headquarters
Income ($M) Growth Rate Rate (%)

General Electric 20,829 24.6 319,000 0.9 Fairfield, Conn.

The role
Altria 12,022 15.2 175,000 -12.1 New York

Procter & Gamble 8,684 20.2 138,000 25.5 New Brunswick, N.J.

Johnson & Johnson 11,053 6.2 122,200 5.7 Cincinnati, Ohio

PepsiCo 522 12.0 70,400 5.2 Atlanta

Tyson Foods -196 -1.7 107,000 -6.1 Springdale, Ariz.

On the Job
Coca-Cola 5,080 4.3 71,000 29.1 Atlanta, Georgia

Sara Lee 555 -22.8 109,000 -20.4 Downers Grove, Ill.

Kimberly-Clark 1,499 -4.4 55,000 -3.7 Irving, Tex.

Anheuser-Busch 1,965.2 6.9 30,183 -4.1 St. Louis, Mo.

Nike 1,392 8.8 28,000 7.7 Beaverton, Ore.

The Workplace
ConAgra 533 -16.8 33,00 -13.2 Omaha, Neb.

Colgate-Palmolive 1,353 0.1 34,700 -3.1 New York

General Mills 1,090 -12.1 28,100 1.1 Minneapolis, Minn.

Smithfield Foods 166 -3.4 52,500 2.4 Smithfield, Vir.

Kelloggs 1,004 2.4 26,000 1.6 Battle Creek, Mich.

Dean Foods 225 -31.2 26,348 -2.5 Dallas

Getting Hired
H.J. Heinz 785 21.7 33,000 -8.3 Pittsburgh

Avon 477 -43.7 40,300 -17.8 New York

Reynolds American 1,210 16.1 7,800 -4.8 Winston-Salem, N.C.


REFERENCE
FOR YOUR

WETFEET INSIDER GUIDE 11


At a glance
Careers in Marketing

to be comfortable getting up close and personal


> TIP with research subjects. For example, with in-home
A broad CPG skill base is generally research the entire contents of a subjects refrigerator or
a good port of entry to consulting or closet may be discussed in intimate detail to identify
corporate positions, but experienced
marketers suggest looking beyond
emerging consumer needs and market gaps.
CPGs narrow product niches to gain
The Role

broader market insight and develop Professional Services


the impressive portfolio expected of Professional services marketing covers direct-to-
high-level executives.
consumer services such as insurance, health care,
legal assistance, and automotive services, as well as
Crash and Burn services to businesses such as business consulting or
CPG marketers are often drawn to multitasking, representation for entertainment and sports figures.
creative positions in brand management and new Finance and technology have spun off from the block
product development because of the opportunity to of professional services to become distinct industry
On the Job

develop a broader range of skills and establish a success segments with defined sets of marketing standards,
record with name brands. But brand managers dont measures, and consumer behaviors. Because big-budget
usually get to enjoy their successes for long, since marketing campaigns are relatively new to professional
product assignments are turned over every couple of services companies, they require more education from
years (if not sooner) to generate fresh approaches to marketers about whats important. Professional services
established brands. Experienced marketers also warn marketing often precludes the use of, or even the need
The Workplace

that the constant stress of high-risk, high-visibility for, more sophisticated or cutting-edge marketing
campaigns can mean burnout for many brand methods.
managers and new product development managers.
Comparing Apples toApples
INSIDER SCOOP One distinct challenge professional services marketers
The failure rate of new products and brands is high, face is differentiating their clients offerings from those
as is volatility in corresponding marketing jobs. of the competition. That can be tough because the
more specialized the companies are, the more similar
Market Value of Research their skills and certifications may be. One way around
Getting Hired

Market research is one area within CPG marketing that is to focus on less tangible elements, such as
that experts predict will continue to grow as company personality, philosophy, and reputation.
technology offers access to more specific consumer
data and more ways to model consumer behavior. Professional Overlap
CPGs, unlike professional services, dont always have Marketing positions in a professional services firm
extensive customer records. For them, its very hard may not be housed in a marketing or marketing
to know whether the person who bought your peanut communications (or marcom) department at all,
butter yesterday is buying it today. but instead may fall under the umbrella of business
Marketers with a more analytical bent and desire development or customer relationship management.
for a higher degree of stability should consider
REFERENCE

specializing in CPG market research. CPG market INSIDER SCOOP


FOR YOUR

researchers need to be well-versed in the latest data- Marketing used to be shoved in the corner, but
gathering technologies, which enable them to survey thats changing because what we do impacts the
broad audiences online. At the same time they have bottom line, and we can prove it.

12 W E T F E E T I N SIDER GUIDE
At a glance
Professional services marketers within emerging From a marketing perspective, financial services
fields are taking their cue from CPG marketing has long been considered a more staid, predictable
practices and moving away from a strictly sales-based industry segment than higher-risk segments like
model to a more strategic, analytical approach to CPG and technology. Financial firms traditionally
anticipating customers needs. Theyre doing so with emphasize credibility over hype, so marketing has
the assistance of analytical frameworks, data sets, and often been treated as a communication function

The role
technological tools. Read job descriptions carefully and in these enterprises. Financial services marketers
ask yourself, Is this firm looking for a communications are primarily tasked with presenting information
and PR person or a strategy and business development on returns and packaging premium services while
person? Watch out for the former, which may reflect ensuring compliance with disclosure requirements.
old-fashioned beliefs that marketing is peripheral to
the core of service businesses. Instead, seek out firms Money Needs Marketing, Too
where marketing is involved in executing the business In the past few years, however, the financial services
development strategy and branding is based on arena has proved to be more volatile than predicted.

On the Job
quantitative and qualitative analysis of the market. Alleged IPO kickbacks, insider trading, and
auditing scandals have tarnished the reputations of
INSIDER SCOOP once-esteemed financial services companies. Those
Professional services are a big growth area. companies must now compete in a more diversified
Theyre getting addicted to marketing. The more market in which competitors stand to gain from their
they do, the more they want to do. losses and diminished reputations.

The Workplace
Datamonitor has identified three trends that are
At firms where marketing is taken most seriously, skill increasing the demand for marketing in the retail
sets are becoming more transferable between CPG and banking industry: increased competition, increased
professional services marketing. This is good news for customer attrition, and lack of control over customer
marketers who want to keep their career options open. profitability. Customers are feeling less loyalty to their
Not that theyd want to make the switch: Service market- financial institutions and have greater ability to jump
ers with CRM experience often command higher salaries from provider to provider to get the best deals and
than do their CPG peers. services. For financial services marketers, that means
making a stronger case for their firms value delivery and
Financial Services

Getting Hired
working harder to establish (or re-establish) credibility
and long-term customer relationships through strategic
marketing and reputation management. Some financial
services institutions are also stepping up their efforts
Financial services is a good to retain and win individual customers, making
area if you like a challenge; increased use of mystery shoppers (marketers who
go incognito to research the customer experience),
restoring both individual and new technology to map key markets and identify
and institutional investor shifting customer preferences. Despite bullish markets
confidence will rely in some and increasing recognition of the value of marketing,
REFERENCE

spending on bank marketing is still sluggish. The


FOR YOUR

part on marketing. leading financial services advertisers increased their


spending just 2.1 percent in 2006, according to the June
25, 2007, issue of Advertising Age.

WETFEET INSIDER GUIDE 13


At a glance
Careers in Marketing

Mind the Ethical Minefields Technology


Marketers who succeed in managing the reputations of The technology industry has cleared the dotcom
financial services companies stand to reap significant bust hurdle. It has started to pick up the pace in
rewards and dominate this industry niche. Established terms of growth, and marketing expenditures have
financial services marketers are less threatened by up- been keeping up. Hardware companies (Apple, Dell,
and-comers because acquiring the necessary expertise Intel), software companies (Microsoft, Adobe), and
The Role

with legal requirements and economic analysis takes Internet services and retail companies (Google,
considerable time and talent. As in other sectors, Yahoo, Amazon.com) continue to top marketers
tech-savvy marketers are in demand, but they should lists of those promising the most career growth.
proceed with extra caution; many customers object Technology is a field in which recruiters continue to
to their banks or mortgage companies capturing compete for marketing talent, attempting to lure the
and using their personal financial data for marketing top tech-savvy marketers from tech companies and
purposes. Additionally, legal standards in this area are ad agencies. IT companies that offer services along
changing. with software, such as IBM and HP, are adding staff
On the Job

The financial services area is good for someone as IT services grow. In the IT Services Marketing
who likes a challenge; restoring both individual and Associations Services Marketing Budgets and
institutional investor confidence will rely in some Benchmarks survey, 54 percent of respondents said
part on marketing. Just make sure your prospective they expected to increase hiring in 2007.
employer is legit and that you dont anticipate any
significant ethical differences. On the plus side,
The Workplace

bank marketers typically spend a great deal of time


connecting with local charities and civic groups; in The ability to translate
fact, according to the American Banking Association complex science into
Bank Marketing Survey Report, 58 percent of banking
PR budgets are spent on community relations.
compelling business and
consumer terms is rare.
Marketers who can do so will
always be in demand.
Getting Hired
REFERENCE
FOR YOUR

14 W E T F E E T I N SIDER GUIDE
At a glance
Scientifically Speaking
One reason the demand for effective technology
marketers remains relatively strong is that supply is
limited. Technology marketing is a specialized field
that often requires product-specific and subject-area
knowledge as well as specialized degrees, certifications,

The role
and training. Technology marketing can differ from
marketing for consumer products because youre
marketing the benefits of that technology as opposed
to dealing with the brand.

INSIDER SCOOP
There is a fragile balance between marketing
and engineering. Sometimes the things

On the Job
engineers think are cool are not the same things
customers want. Sometimes we go fist-to-fist
and get involved before the product is even
produced.

Expertise that marketers gain at one technology

The Workplace
company is not always transferable to other companies
or nontechnology fieldsbut a marketer with a
proven aptitude in any technology field is often highly
desirable to a broad range of technology companies
and ad agencies. Marketers who are able to translate
complex science into compelling business and
consumer terms will always be in demand.

Luddites Lose

Getting Hired
Marketers should be sensible about which technology
companies they join and take a close look at the
companys published financial statementsa little
healthy skepticism goes a long way in assessing
technology career opportunities. But marketers who
are overly skittish about technology firms could miss
out on prime career opportunities. The experience
of the tech boom has taught many tech companies
that a solid business foundation based on consumer
understanding is essential to business successand
REFERENCE

that makes savvy tech marketers indispensable. The


FOR YOUR

surviving companies are becoming much more


marketing savvy, which means upcoming demand and
new respect for marketers, says one marketing expert.

WETFEET INSIDER GUIDE 15


At a glance
Careers in Marketing

Largest 20 U.S. Technology Companies by Sales


1-Year 1-Year
2006 Net Employees
Company Growth Rate Growth Rate Headquarters
Income ($M)
(%) (%)

Hewlett-Packard 6,198 158.5 156,000 4.0 Palo Alto, Calif.


The Role

IBM 9,492 19.6 355,766 -2.9 Armonk, N.Y.

Dell 3,572 13.6 66,100 18.0 Round Rock, Texas

Microsoft 12,599 2.8 71,000 16.4 Redmond, Wash.

Motorola 3,661 -20.0 66,000 -4.3 Schaumburg, Ill.

Intel 5,044 -41.8 94,100 -5.8 Santa Clara, Calif.


On the Job

Cisco 5,580 -2.8 49,926 30.0 San Jose, Calif.

Apple 1,989 49.0 17,787 5.7 Cupertino, Calif.

Xerox 1,210 23.7 53,700 -2.7 Stamford, Conn.

Texas Instruments 4,341 86.8 30,986 -4.7 Dallas, Texas


The Workplace

Oracle 4,274 26.4 56,133 12.6 Redwood City, Calif.

Sun Microsystems -864 N/A* 38,000 22.6 Santa Clara, Calif.

EMC 1,224 8.0 31,100 17.4 Hopkinton, Mass.

Sanmina-SCI -141.6 N/A* 54,397 11.9 San Jose, Calif.

Google 3,077 110 10,674 87.9 Palo Alto, Calif.

Applied Materials 1,516 25.4 14,072 11.9 Santa Clara, Calif.


Getting Hired

Yahoo 751.4 -60.4 11,400 16.3 Sunnyvale, Calif.

NCR 382 -27.8 28,900 2.5 Dayton, Ohio

eBay 1,125 4.0 13,200 4.8 San Jose, Calif.

Pitney-Bowes 105 -80 34,454 0.8 Stamford, Conn.

*Growth rate unavailable because of negative results two years in a row.


Sources: Hoovers; WetFeet analysis
REFERENCE
FOR YOUR

16 W E T F E E T I N SIDER GUIDE
At a glance
Biotechnology and Pushing Drugs
Pharmaceuticals After the dotcom bubble burst, investors looking for
For MBAs and college graduates with extensive a new miracle tech sector quickly set their sights on
coursework in biology, marketing jobs in biotech and biotech companies. With bigger marketing budgets
pharmaceutical companies provide an opportunity than ever before, biotech companiesespecially
to work on products that save and improve lives. pharmaceutical and medical device manufacturers

The role
But even if organic chemistry was never your thing, are engaging in riskier marketing efforts and pushing
marketers can convince prospective employers theyre a the ethical envelope. Reports in the New York Times
good fit by studying up on their customers, marketing and Newsweek have questioned pharmaceutical
methods, and productsboth on the market and companies practice of sending sales agents with free
under development. Startup biotech firms may be boxed lunches into doctors offices to win time with
more suitable for those seeking entrepreneurial thrills the MDs who sell their drugs by prescribing them
and a broad range of responsibilities. Established to patients. Some fear the result is that marketing
pharmaceutical firms, on the other hand, offer efforts will persuade doctors to overprescribe

On the Job
structure and stability. As with most sectors, start your expensive or dangerous medications patients dont
job search with the people you know in the industry really need. Pharmaceutical companies are also
and try to network your way in through informational beginning to market directly to patients, a practice
job interviews. If that doesnt work, websites devoted some warn will lead to overconsumption of drugs.
to biotech and pharmaceutical jobs include BioSpace. When choosing a marketing position in the biotech
com, Medzilla.com, Jobscience.com, and BioView. or pharmaceutical industry, ask yourself where you

The Workplace
Insiders also recommend trying the side door by would draw the line and find out whether potential
working in temp firms that specialize in scientific employers standards meet your own.
fields (BioSource and Kelly Scientific, for example) or
marketing consultancies that cater to the industry. INSIDER SCOOP
Biotech has the potential to be the next
tobacco.

Getting Hired
REFERENCE
FOR YOUR

WETFEET INSIDER GUIDE 17


At a glance
Careers in Marketing

Top 20 U.S. Biotech and Pharmaceutical Companies


1-Year 1-Year
2006 Net
Company Growth Rate Employees Growth Headquarters
Income ($M)
(%) Rate (%)

McKesson 913 21.6 31,800 20.5 San Francisco, Calif.


The Role

Cardinal Health 1,000 -4.8 55,000 0 Dublin, Ohio

AmerisourceBergen 467 76.7 14,700 9.7 Chesterbrook, Penn.

Johnson & Johnson 11,053 56.2 122,200 5.7 New Brunswick, N.J.

Pfizer 19,337 139.2 98,000 -7.5 New York

Merck 4,433 -4.3 60,000 -2.4 Whitehouse Station, N.J.


On the Job

Abbott Laboratories 1,716 -49.0 66,663 11.6 Abbott Park, Ill.

Wyeth 4,196 14.8 50,060 0.7 Madison, N.J.

Bristol-Myers Squibb 1,585 -47.2 43,000 0 New York

Eli Lilly 2,662 34.5 41,500 -2.6 Indianapolis, Ind.


The Workplace

Amgen 2,950 -19.7 20,100 21.8 Thousand Oaks, Calif.

Medtronic 2,802 10.0 38,000 5.6 Minneapolis, Minn.

Schering-Plough 1,143 324.9 33,500 2.8 Kenilworth, N.J.

Baxter International 1,397 46.1 48,000 2.1 Deerfield, Ill.

Boston Scientific -3,577 N.A. 28,600 44.4 Natick, Mass.

Owens & Minor 48 -24.3 4,600 24.3 Mechanicsville, Virginia


Getting Hired

Stryker 777 15.2 18,806 8.9 Kalamazoo, Mich.

Henry Schein 163 8.2 11,000 0 Melville, N.Y.

Zimmer Holdings 834 13.9 6,900 3.0 Warsaw, Ind.

*2007 figures
Sources: Hoovers; company websites; WetFeet analysis
REFERENCE
FOR YOUR

18 W E T F E E T I N SIDER GUIDE
At a glance
Nonprofit Marketing on a Shoestring
Growth potential, decent salaries, adequate budgets, After several years of nonprofit budgets shrinking
professionalism, transferable skills: These terms due to government cuts and the recent recession,
are not traditionally associated with marketing in donations from individuals increased 4.4 percent and
the nonprofit sector. But times have changed and contributions from foundations rose 12.6, according
so have many nonprofits. This expanding sector to Indiana Universitys Center of Philanthropy. A bull

The role
offers marketers a wealth of career options, valuable market has also increased the earnings from foundation
experience, and increasingly competitive payplus the endowments, which may have lead to looser purse
opportunity to provide a valued service. strings, according to the Foundation Center. Although
According to a 2007 salary survey from the there is widespread optimism that nonprofit budgets
NonProfit Times, the expected incremental average pay are starting to turn the corner, the scrimping in
increase in nine nonprofit positions increased only 3.7 charitable contributions during the economic
percentbarely growing enough to cover inflation. downturn at the beginning of the millennium taught
However, marketers are still among the best paid in nonprofits to make marketing a more essential function

On the Job
the charitable sector. The salary survey found that as they competed for scarce donations.
marketing directors typically made between $64,765
and $69,536 annually. For bigger salaries, head toward INSIDER SCOOP
nonprofits with budgets of more than $25 million. When the budget gets cut, the demand for
creativity goes up.
Social Issues R Us

The Workplace
Marketing opportunities in nonprofit sector are Nonprofit marketers with a strong grasp of
difficult to characterize, in part because the sector is business fundamentals and specific experience with
vast and varied. Nonprofit marketers assignments fundraising campaigns, database management, grant
range from thousand-dollar event planning gigs for writing, and partner/donor development are especially
religious organizations to multimillion-dollar online valued. Marketers familiar with business models of
campaigns, such as those conducted by the Red return on investment (ROI) and efficiency are in
Cross after international disasters. According to 2007 demand as nonprofits begin charging for some of
Bureau of Labor Statistics figures, the majority of their services. Furthermore, business modeling is
organizations that make up the nonprofit sector essential when nonprofits are asked to justify their

Getting Hired
including almost 1 million registered 501(c)(3) budgets when applying to federal, state, and local
organizations, religious charities, and other business- government grants as a primary funding source. Skills
related charitable organizations defined as tax-exempt learned by marketers in the for-profit fields of health
in the federal tax codeare in health services and care and legal services marketing are thus becoming
education/research, followed by social/legal services, more interchangeable with skills of their nonprofit
civic/social/fraternal associations, and arts/culture counterpartsand nonprofit salaries in these
entities. Educational and environmental/animal specialized fields are becoming more competitive, too.
nonprofits have been the fastest-growing areas since
the 1990s. That said, marketers accustomed to large
budgets and bonuses or who desire to pay off business
REFERENCE

school loans quickly will probably find their nonprofit


FOR YOUR

options confined to jobs in the 7,000 or so nonprofit


organizations with budgets of $10 million or more
typically educational institutions and hospitals.

WETFEET INSIDER GUIDE 19


At a glance
Careers in Marketing

Marketers Make Nice Raking It In Online


Marketers crossing over from for-profit fields Although for-profit marketers knew money could be
into the nonprofit sector might have a distinct made online ever since Amazon.com made it into the
advantage, but they also could be in for a culture black in 2002, nonprofit organizations have lagged
shock. Those who thrive on competitionas for- a bit behind. Thanks to the lucrative fundraising
profit marketers are encouraged to docould efforts of Howard Deans and John Kerrys presidential
The Role

find themselves temperamentally unsuited to the campaigns, nonprofit organizations are beginning to
nonprofit sector, where collaboration is key to effective realize that the Internet can be good for more than
donor and partner cultivation as well as day-to-day setting up a basic home page. In 2006, Americans
staff management. Marketers may find themselves donated $6.87 billion to nonprofits through the
frustrated with nonprofits apparent inefficiencies Internet, a 51 percent jump from 2005, reports
and widespread unfamiliarity with practices taken ePhilanthrophy. Getting charitable organizations to
for granted in the for-profit sector, including finance, adopt new technologies is like teaching the proverbial
information systems, and advertising. old dog new tricks, says one insider. But the need for
On the Job

new ideas also brings with it the need for people with
INSIDER SCOOP new ideas; marketers with tech skills trying to land
Nonprofits avoid realistically assessing jobs with nonprofits should play up the ways their
management resources and organizational qualifications could help bring organizations out of
readiness to meet goals, as though strategic the dark ages.
thinking were anathema to goodwill. But if you
The Workplace

can get them to leverage their vision and values


effectively, they can be a much more powerful
force than any for-profit.
Getting Hired
REFERENCE
FOR YOUR

20 W E T F E E T I N SIDER GUIDE
At a glance
Top 20 U.S. Nonprofit Organizations by Revenue
2005
Organization Cause Headquarters
Revenue ($M)

Mayo Foundation Hospitals 6,118 Rochester, Minn.

The role
Salvation Army Humanitarian relief, religion 5,300 Chicago

United Way Civic causes 4,175 Alexandria, Va.

The Cleveland Clinic Medical center 4,004 Cleveland

American Red Cross Emergency relief 3,842 Washington, D.C.

Catholic Charities Social work 3,385 Alexandria, Va.

On the Job
New York-Presbyterian Hospital Hospital 2,858 New York, N.Y.

Goodwill Industries Persons with disabilities 2,653 Rockville, Md.

Arc of U.S. Persons with disabilities 2,211 Silver Spring, Md.

Memorial Sloan-Kettering Cancer


Cancer hospital 1,973 New York
Center

Mount Sinai Hospital 1,927 New York

The Workplace
Childrens Hospital of Philadelphia Hospital 1,623 Philadelphia

Cedars-Sinai Medical Center Hospital 1,566 Los Angeles

Henry Ford Health System Hospital 1,535 Detroit

Boys and Girls Clubs of America Youth services 1,329 Atlanta

AmeriCares Refugee relief 1,320 Stamford, Conn.

Habitat for Humanity International Housing, poverty 1,022 Americus, Ga.

Getting Hired
Beth Israel Deaconess Medical
Hospital 995 Boston
Center

American Cancer Society Cancer 938 Atlanta

Nature Conservancy Environment 936 Arlington, Va.

Source: Forbes, November 2006


REFERENCE
FOR YOUR

WETFEET INSIDER GUIDE 21


At a glance
Careers in Marketing

Spanning Industries: breadth at market research firms can be narrow, even


Market Research if the research experience is deep. You could spend
It doesnt take Einstein to raise a business or product tons of time building and analyzing databases without
question, whether its testing green ketchup, gaining direct experience working with clients or
identifying the criteria that inspire clients to gaining project management know-how.
switch from a competitor, or identifying issues that Insiders who have made the switch from working
The Role

foundations are most likely to fund. But it does take for clients to being the client ( going in-house) say
a savvy market researcher to identify the business they value the lessons they learned at firms, and that
problem, the decision alternatives, and the clients the broad experience enabled them to find an industry
needsand then select the appropriate research that suited them well.
tools for the task at hand. For example, the audience
for online surveys is limited to those with Internet INSIDER SCOOP
access, and survey subjects tend to be self-selecting In a research firm you get to learn about new
and highly opinionated. So that may not be the best industries all the time. Our assignments are only
On the Job

way to reach consumers who are on the fence about two to three weeks long and then we are on to a
a particular product choice or to gain insight into new challenge and a new client.
the minds of reticent consumers who arent entirely
comfortable with computers. Online Research
Market researchers will know the constraints and Students hoping to make a lasting impression in
limitations for the types of surveys or tests they have the marketing world should start by getting online
The Workplace

to work with. By using a combination of financial, marketing experience. Online marketing is growing
statistical, scientific, and aesthetic skillsas well as and isnt completely understood just yet. Several
a large dose of common sensethey can and should other insiders echoed this advice, pointing to the
design appropriate studies that will effectively uncover great demand for technology-proficient market
consumer preferences or needs. researchers as an opportunity for easy job access and
rapid advancement.
One FirmMany Clients
Market research firms tend to specialize in particular INSIDER SCOOP
geographic markets, consumer segments, or research One of the most valuable trends in marketing
Getting Hired

tools such as telephone surveys, focus groups, or online research is Web surveying. Its important
surveys. Companies trying to break into a new market to know the methodology from a technical,
or market segment often get help from a market practical, and legal standpoint.
research firm with proven expertise in that market.
To meet those needs, some market research firms Many leading market research firms, such as
specialize in specific legal and business environments Forrester Research, Gartner, Zogby International, and
(for example, the European Union) or within a certain Copernicus, feature technology-assisted data collection
target consumer segment (for example, the U.S. methods in their portfolios of services. In fact, a
Latino/Hispanic market). Market research firms can growing number of research firms are specializing
be great places for entry-level people with a knack in online surveys, according to Inside Research, a
REFERENCE

or love for numbers, problem solving, and business. newsletter for the market research industry. To wit, in
FOR YOUR

Starting at a market research firm is a great way to get 2000 only $3.8 million was spent on online market
a very thorough grasp of the research basics youll need research in the U.S. Compare that to $1.36 billion
to bolster your career. Insiders caution, however, that spent in 2006. The 350-fold increase in spending on

22 W E T F E E T I N SIDER GUIDE
At a glance
online surveys means that todays marketers need to that are overly dependent on spamming and pop-up
be Web-savvy and ready to employ Web tactics for ads are not likely to succeed in the long run. New
gathering research data. laws drafted during the fallout from recent, massive
Companies leading the pack in online surveys identity theftsin which thousands of people had
include Harris Interactive, Nielsen/NetRatings, their information stolen from credit-card companies
SurveyMonkey.com, AOL, Zoomerang, and through marketing firmshave placed huge burdens

The role
SurveyGold. Stay tuned for breaking developments; on the shoulders of direct marketers. Be sure to ask
market research firms may be in the business of about the privacy standards and practices of any
making predictions, but these days they also seem market research firm youre seriously considering for a
to be in the business of breaking them. As these jobits your professional reputation on the line.
companies grow, they continue to hire. Harris
Interactive has completed more than 64 million online
surveys; its Internet revenue grew 15 percent in 2006
and its operating income was up 68 percent. Market

On the Job
researchers with experience from these firms will be
incredibly valuable to other companies once they learn
the ins and outs of the latest technology.

Spam Alert!
Not all firms that call themselves online research

The Workplace
firms are legitimate. Some are thinly disguised spam
factories, emailing and posting banner ad surveys that
reward respondents with a lifetime of email about diet
supplements, no-money-down mortgages, and various
contraptions that promise everything short of eternal life
with regular usage. If you think theres no harm done by
spam, think again: According to Ferris Research, in 2005
U.S. companies had to spend more than $17 billion in
cash and wasted time cleaning up after spammers.

Getting Hired
Your Name on the Line Online
Spam is a lucrative business, and it does take a certain
strategic acumenbut spray and pay does not
qualify as true market research because it does not
seek to strategically identify and meet a consumer
or client need with appropriate research methods.
The mass email approach is always a variation on
the same pie-in-the-face approach: Hurl messages in
the general direction of consumers until something
REFERENCE

sticks. The practice of spamming is not only offensive


FOR YOUR

to businesses, consumers, and children, but its also


an insult to the intelligence and intentions of any
true market researcher. Furthermore, companies

WETFEET INSIDER GUIDE 23


At a glance
Careers in Marketing

Trends in INSIDER SCOOP


Were constantly trying new ways to find out

the Field what people are saying about us online. Textual


analysis of the Web isnt working the way wed
like. Sure, we can figure out how many times our
The Best Marketing Is Free? brand was mentioned in blogs last week, but we
The Role

Looking for new ways to squeeze every penny from cant figure out if what people are saying is good
marketing departments thin wallets, marketers have or bad. And we cant tell how what people are
developed clever alternatives to traditional marketing. saying online is changing what people buy.
Word-of-mouth and media publicitythe two most
valuable forms of advertisinghave always been free, Loyalty to Customer Loyalty
but theyre difficult to create and are often neglected. In 2007, marketers decided to take the advice Lao Tzu
According to research by the Keller Fay Group, the gave more than 2,500 years ago: Embrace simplicity.
average American mentions brand names 56 times a Thanks to Harvard Business School professor Fred
On the Job

week, with positive mentions outnumbering negative Reichheld, many in the industry are concentrating on
ones by a six-to-one ratio. You can buy more time customer satisfaction, or what refers to in his eponymous
on TV, but you cant pay students to rave about in the article as The One Number You Need to
your products in high school hallwaysor can you? Grow. Using findings from his research, he claims that
Advertisers are experimenting with this practice. For customers willingness to refer a companys products or
example, theyre paying attractive people to smoke services to a friend, or word-of-mouth marketing, is one
The Workplace

certain brands of cigarettes and order certain brands of the best indicators of a companys success. Reichhelds
of drinks in bars. arguments are especially compelling given the popularity
In a similar attempt to boost word-of-mouth, of online social networking and product reviews, which
website developers are now touting viral marketing by enable consumers to spread their opinions faster and
creating sites that can be easily forwarded to friends, further. Research by eMarketer found that 23.7 million
who can then forward them to more friends (in much American adults today share their views about product
the same way people pass along viruses). Consider online, but that number is expected to grew to 34.4
the success of Burger Kings Subservient Chicken site, million by 2011. Some insiders consider the industry
which, according to Wired News, received more than buzz about customer loyalty a passing fad and complain
Getting Hired

1 million hits in its first 24 hours because everyone that while this information is extremely important, it is
wanted to share the link to ridiculous interactive just one piece of the puzzle that you need to see the whole
footage of a person dressed in a chicken costume. picture of your clients needs.
With people getting ever more dry-eyed from
staring at social networking sites such as MySpace and Marketing vs Marcom
Facebook, not to mention millions and millions of The multitasking necessitated by post-dotcom
blogs worldwide in which people can rant and rave budget-slashing measures has given more people
about their favorite brands, marketers are forced to pay some claim to marketing expertiseso the pool of
attention to what consumers are saying online. The marketing talent is heavily diluted with those whose
trend toward consumer-generated media and guerilla primary expertise is in sales, public relations, or some
REFERENCE

marketing techniques puts nascent marketers on a level other business discipline grouped under the nebulous
FOR YOUR

playing field with experienced experts. Neither knows marketing communications, or marcom, title. But
how its affecting the market, and both need to be skilled marketers with proven success demonstrated
willing to experiment. by profit margins, market share, quantifiable boosts to

24 W E T F E E T I N SIDER GUIDE
At a glance
reputation, and other measurable (read: quantifiable) deliver have intrinsic, long-term learning value for an
gains are still first in line to win key positions with organization apart from sales figures. This is different
leading organizations. The difference between from marketers who are charged with defining creative
marketing and marcom is ultimately in the numbers. approaches, which takes just as much effort to develop
but is judged more narrowly by sales results.
INSIDER SCOOP

The role
On my first day at a brand-new marketing Marketing More Than Skin Deep
job, the VP said to me, Welcome to marketing! Internal branding is the strange offspring of marketing
Now you have a job everyone thinks they can do and human resources. The basic idea is that employees
better than you. need to reflect the values of the associated corporation
with a companys products or services. How do Whole
Pre-Market Marketing Foods employment policies reflect the granola on its
Although the conflated marcom functions have been shelves? Through progressive policies of profit sharing
met with chagrin by marketers and communication and consensus management. How does Google build

On the Job
specialists alike, the growing importance of marketing a creative environment where employees can think of
considerations during the product design process the next greatest thing? By letting them replace office
has been heralded by both product designers and chairs with large bouncy balls, bring their puppies to
marketers. The remarkable success of the Apple iPod work, and spend paid time pursuing creative projects.
is a case in point. Clever advertising is not the reason Internal marketing could include looking deeply into
that everyone and her sister shelled out top dollar at compensation strategies, or it can be as simple as choosing

The Workplace
the Apple Store for the most expensive MP3 player the theme for the annual holiday party to align with new
in town. Apple had a relatively small marketing product offerings. Detractors argue that the time and
budget for iPod, and there was nothing glitzy about money spent on internal branding would be better spent
its campaign. Instead, Apple simply designed a better on increased salaries and hiring more employees, but
product. The engineers, with help from marketing true believers suggest coordinating internal and external
experts, had a firm sense of what people needed and marketing efforts leads to higher-quality employee
how to make it. Design teams from several industries experiences and better products and services.
are learning by example and reassessing the value of
market research in the design process. The involvement Ethical Quandaries

Getting Hired
of marketers is important long before there is even a With stiffer competition for marketing opportunities
product to be sold. that pale in comparison to those from the boom years
of 1999 and 2000, the question might come up sooner
Fnding a Silver Lining in rather than later: Just how far are you willing to go to
Research get ahead in marketing? At one time or another, all
For the most part, the trends in market research are marketers must make ethical decisions, and they must
consistent with the rest of the industry: peachy (if not mark their limits.
completely rosy) job outlook, emphasis on faster/
cheaper methods, and increasing reliance on technology
to deliver results cost effectively. Market researchers are INSIDER SCOOP
REFERENCE

now expected to continually upgrade their technical I dont feel consumers should be swindled into
FOR YOUR

skills, which could entail a significant investment in buying a product that doesnt deliver what it
training at the graduate or even doctoral level. But promises. There are plenty of great companies out
the data and analytical insight market researchers there to apply our passion, efforts, and skills to.

WETFEET INSIDER GUIDE 25


At a glance
Careers in Marketing

In the course of your career, your personal values employer springs an ethical question on you in an
could be put to the test by any of the following ethical interview. If you want to have a marketing career that
quandaries reported by experienced marketers: will make you proud, first be honest with yourself
Shilling tobacco products, alcoholic beverages, about what you areand arentwilling to do. Then
diet drugs, or other products that are potentially make your career decisions accordingly.
hazardous to consumers health.
The Role

Marketing Myth-Busting
Spamming email users under the dubious premise When it comes to identifying prime opportunities,
of online consumer research for a client that is conventional wisdom often needs to be turned on its
charging exorbitant prices for a pill that allegedly head. The CPG industry has long been considered a
cures erectile dysfunction. launching pad for marketers, but ambitious marketers
may need to go elsewhere to find the breadth of
Peddling stuff to small children, whose experience and opportunity they require for career
beleaguered parents will curse you whenever their advancement. Marketers hoping to make a name for
On the Job

kids beg for your product in the supermarket. themselves often aim for brand management positions
at places like Procter & Gamble and Nestl, but
Hawking accounting services for a firm with a affiliation with a brand name may provide less job
less-than-sterling reputation. security in the long run than solid work experience in
marketing research or advanced expertise (including
Promoting casinos or online gambling sites. graduate degrees) in specialized scientific, technology,
The Workplace

or service industry segments. Service marketing looks


Capturing the private financial data of mortgage more like CPG marketing and less like a traditional
company clients for marketing purposes, knowing sales model given its strategic orientation toward
full well that the data may eventually be sold to customer needs. With the continued growth of online
direct marketing firms. research and cutting-edge data-collection methods,
new name-brand market research firms are enlivening
Hyping ambulance-chasing lawyers. a sector long associated with data-crunching drudgery.
Financial services marketing is no longer the stable,
Seeking regulatory roadblocks to the development risk-averse field it once was, while nonprofits can offer
Getting Hired

of generic alternatives to a life-saving drug so that longer-term career stability for resourceful marketers
your companys higher-price, patented version who have a knack for fee-for-service marketing,
keeps its market monopoly. corporate sponsorships, and grant writing.

Doctoring up actual before-and-after shots for a


plastic surgery ad.

Drumming up business for a hard-core


pornographic website, magazine, or video
business.
REFERENCE
FOR YOUR

As a marketer, you should know where you stand


on these ethical issues before they arise in the course
of your business dealingsand before a potential

26 W E T F E E T I N SIDER GUIDE
FOR YOUR
At a glance The role On the Job The Workplace Getting Hired REFERENCE

27
WETFEET INSIDER GUIDE
On The Job

3
The Big Picture.............................. 30
Marketing Associate/
Brand Assistant...............................31
Brand/Product Manager................ 33
Creative Specialist.......................... 35
Marketing/Fund
Development Director................... 37
Market Researcher......................... 39
Marketing Consultant.................... 42
At a glance
Careers in Marketing

The Big You cant be a good marketer unless you can


put yourself in the position of a potential or current

Picture customer and ask yourself and your company the


question, What could you do to better fit my
needs? says one insider.
Marketers keep the inventors of career aptitude
The Role

assessment tests like the Myers-Briggs up at night, The following are among the most commonly cited
defying test characterizations with their statistically basic responsibilities and qualifications for marketers:
unlikely combination of abilities in analysis and An ability to integrate quantitative
creativity, intuition and logic, and interpersonal and qualitative criteria
skills and comfort with numbers. Some say that
marketers think with their left and right brains in Brand development
equal proportions, and they are adept at understanding
numbers and people. Creative development and implementation
On the Job

Insider Scoop Curiosity


Marketers listen for subtexts when people
talk and interpret peoples emotions; this is Empathy
what drives them to become marketers and
makes them good at what they do. Marketers Financial management
The Workplace

have to identify what people are implicitly


saying but not explicitly stating, and deliver Good interpersonal skills
against those needs.
Leadership
To understand consumer motivations and
behavior, marketers need to be able to identify Multitasking
strongly with their consumers. This requires you as
a marketer not only to make leaps of logic from the Opportunity analysis and assessment
data youve collected, but also leaps of imagination
Getting Hired

from the comfort of your office into the mind of, Product development
say, a ten-year-old girl in Atlanta. Companies have to
know consumers better than they know themselves, Research
which entails knowledge of your target consumers
personal and purchasing goals. Recognize that when a Self-awareness
consumer walks up to a register, he is not just making
a purchasing decision, but a life decision. Some specific marketing positions and their
attendant responsibilities are outlined in the
sections that follow.
REFERENCE
FOR YOUR

30 W E T F E E T I N SIDER GUIDE
At a glance
Marketing budgeting and monitoring expenditures, too. All told,
be prepared to work 45 to 65 hours per week, or until

Associate/ the numbers start to blur.

Brand Typical Responsibilities


Typical responsibilities of marketing associates and

The Role
Assistant brand assistants include:
Budget management

Pay attention whenever someone on the Data tracking, analysis, interpretation, and
marketing team uses the word tracking. As a presentation
marketing associate (in tech or professional services
circles) or brand assistant (in consumer packaged Sundry office tasks related to marketing, however
goods [CPG] jargon), this means work for you. tangentially:

On the Job
Youll be responsible for conducting the research Database management
your company uses to plan its strategies and gauge its
marketing successes. That includes market analysis, Emailing meeting notes to participants
competitive analysis, monitoring promotional
campaigns, and tracking sales and market share Project management
numbers. For this youll need a background in

The Workplace
statistics, research methodologies, data analysis, Proofreading ad copy and reports
and interpretationplus the presentation and
communication skills to explain these numbers in a Running interference with vendors
succinct and meaningful way. Familiarity with finance
and accounting practices is helpful since youll be The Upside
The pay is much less than ideal, but the experience you
pick up in this position can pay off in the long run.
If youre working in an advertising agency or a CPG
company with multiple product lines in the same

Getting Hired
category, you could have the opportunity to work on
several brands and build a nice portfolio in the process.
You may also pick up some useful tech skills, such as
database management or website usage tracking.
Furthermore, you may be invitedor even
requiredto attend market research and sales seminars
in-house and in the field. True, all those conferences in
Kansas City will do little to improve your social life, but
its always wise to learn on someone elses dime. Plus
youll make some contacts in the field that could come
REFERENCE

in handy when youre ready to move up in the world.


FOR YOUR

WETFEET INSIDER GUIDE 31


At a glance
Careers in Marketing

A Day in the Life


of a Brand Assistant
8:00 a.m. Check email and ongoing project 1:30 p.m. Run reports of Glinty dishwashing soap
timelines on companys project promotional website usage; notice that
management software; notice that budgets click-through rate from banner ad placed
are due in two weeks. Email boss this on nytimes.com during the past quarter
The Role

quarters actuals (again), along with a exceeds 0.2 percent, while all others fall
gentle prod about getting that budget to far short of the 0.1 percent projected.
me in time to proof. Notice that nytimes.com readers are
twice as likely to proceed to sign up for
9:00 a.m. Check in with vendor to ensure shipment promotional giveaways and email lists.
of promotional fridge magnets was Check with two assistants working on
delivered to retailers as scheduled. other brands, who report similar findings.
Magnets were indeed deliveredthe
On the Job

wrong ones, though. Move into crisis- 3:30 p.m. Boss calls asking me to photocopy actuals
management mode. After half an hour of for marketing team meeting on Web
wrangling with the vendor on the phone, promotional expenditures; word has come
vendor agrees to deliver correct magnets, down from management that next years
pick up wrong ones at no cost, and absorb budget for Web promotions will be cut 50
production and warehousing costs. This is percent. Im invited to sit in on the meeting
The Workplace

a victory, but only a short-lived one; now to take notes, and I perk up when someone
that I know that my vendor is unreliable, mentions slashing all banner ads. I pipe
Ill have to research new ones. up with my findings about nytimes.com
banner ads. The marketing director asks me
10:00 a.m. Call retailers and explain situation. While to investigate banner ads further and report
on the phone with one retailer, discover back directly to her with my findings.
that a competitors cookies are flying
off the shelves. Make note to suggest 5:00 p.m. Write up action items from meeting and
competitive analysis of that product in email to all participants.
Getting Hired

weekly team meeting.


6:00 p.m. Catch up on work email; scan Web to price
11:30 a.m. Adjust expenditures to reflect anticipated fridge magnets from alternative vendors.
reduced cost of fridge magnets. Approve
pile of invoices and enter them on 7:00 p.m. Carpool home with a marketing researcher
expenditures spreadsheet. Ive been getting to know, who congratulates
me on my banner ad observations and hints
12:30 p.m. Hike over to the neighborhood food court that there might be an opening for a Web-
with a couple of other assistants. Run into savvy researcher on the market research side.
harried boss, who asks that I forward this
REFERENCE

quarters actuals. Tactfully suggest that my


FOR YOUR

boss check this mornings email; receive


grateful smile from boss and sympathetic
eye-roll from fellow assistants.

32 W E T F E E T I N SIDER GUIDE
At a glance
Brand/ to qualify for a brand management position, and you
should expect to work 45 to 60 hours per week.

Product Typical Responsibilities

Manager Typical responsibilities of brand and product


managers include:

The Role
Advertising

Budget and profit/loss management


Brand management is a good Distribution
way to cultivate a range of
expertise, from production Financial and volume forecasting

On the Job
through sales, and to develop New-product development and testing
the business skills you need to
Packaging
launch your own company.
Production

The Workplace
Promotion
If the prospect of juggling torches doesnt scare
you, youll thrive at brand management. Brand and Research and development (R&D)
product managers are said to own a particular
brand or product within a companys portfolio and Trademark and copyright management
are personally responsible for every conceivable
aspect of that brand as well as its overall success. In a The Upside
days work, brand and product managers may juggle While it could seem confining to be attached to a
forecasting, product development, manufacturing, particular brand, brand management is a launching

Getting Hired
testing, packaging, trademark protections, budgeting, pad to a number of possible careers. Ambitious brand
promotions, and advertising. Managers in new and product managers can move up the ranks at CPG
product development (NPD), an offshoot of brand companies or opt to work in consumer goods groups
management, are responsible for taking a product from at larger consulting firms like Booz Allen Hamilton
its very first appearance as a promising idea through to and McKinsey. Brand management attracts budding
its appearance in a consumers shopping cart. entrepreneurs because its a good way to cultivate a
NPD and brand managers must excel at teamwork range of expertise, from production through sales, and
and leadership; there simply arent enough hours in to develop the business skills you might use to launch
the day to personally micromanage every aspect of a your own company.
brand. Brand managers often have MBAs. In addition,
REFERENCE

companies are increasingly hiring brand managers from


FOR YOUR

within their ranks of experienced assistant brand manag-


ers and brand assistants with considerable experience
and an MBA. Youll need at least five years of experience

WETFEET INSIDER GUIDE 33


At a glance
Careers in Marketing

A Day in the Life


of a Brand Manager
8:00 a.m. Sift through email inbox full of sales cholesterol levels in butter substitutes have
reports, expenditure reports, and reports hurt the market (I got out just in time).
comparing cost projections to actuals. Cheer up unfortunate brand manager and
Wasnt it just budget time last month? help brainstorm promotional ideas.
The Role

9:00 a.m. Meet with market research consultant, 1:45 p.m. Back to conference call with heads of
R&D specialist, and manufacturing rep sales, new-product development, and
to discuss findings on nut butters. Surveys market research on sales of peanut butter
suggest moms want health-conscious in squeeze bottles (patent pending). Its
chunky nut butter, but taste testing reveals selling well in the Midwest region of the
they prefer sugar-added nut butters and U.S., but sales have been disappointing
dislike natural oil separation. Request in the Northeast despite promising survey
On the Job

further research on market for vitamin- data. Agree focus groups are needed to gain
fortified spreads and on blending processes better understanding of divergent consumer
that leave chunkiness intact. response. Note to self on PDA: Check with
legal department about that patent.
10:30 a.m. Assistant brand manager comes by to get
sign-off on a label change I havent had a 3:45 p.m. Back to email. Supply-chain manager
The Workplace

chance to look over. Go over the rationale alerts me: Paper prices are about to go up
for the change and the associated costs; I again. Forward message to brand assistant
agree with the need for design change, but with request to run price comparisons
Im not convinced about costly changes from various vendors and factor price
to the color scheme. Ask assistant brand hikes into budget. Good thing I didnt
manager to modify design, sticking to sign off on those numbers.
current color scheme.
4:15 p.m. Look over media plan for new
11:30 a.m. Check in with ad agency about to cast all- commercial; determine that I could cut
Getting Hired

important role of Mom for series of back on Web advertising and beef up
commercials. Recall that new research find- television coverage in selected markets.
ings show more affluent moms identify with Email note to assistant brand manager to
older women; advise agency to look for an run cost/benefit analysis.
older actor than the one cast last time.
6:15 p.m. Switch gears; make notes on status reports
12:00 p.m. Email from brand assistant: Have I looked from assistant brand managers for weekly
at budget projections and actuals yet? I team status meeting tomorrow morning.
promise to do so after lunch.
7:00 p.m. Think about going to gym, but head home
REFERENCE

12:30 p.m. Lunch with brand manager assigned to instead. I dodged the budget bullet today,
FOR YOUR

butter substitute brand I managed for two but itll catch up with me tomorrow.
years before my promotion to the leading
peanut butter brand. New findings on

34 W E T F E E T I N SIDER GUIDE
At a glance
Creative Typical Responsibilities
Typical responsibilities for creative specialists include:

Specialist Assess advertising and promotional campaigns to


gauge success and learn from results

Client development (a must for consultants and

The Role
many agencies)
No one can afford to lose a Competitive research
client, so you need to bring
your A-game to work every Creative presentation of concept, strategies,
and executions
single day.
Niche specialization: copywriting, production,

On the Job
art direction

Many marketers find they particularly enjoy the Project planning and management
creative side of marketing and brand development,
such as brand or corporate identity development,
packaging, and copywriting. To move into the creative > TIP

The Workplace
side, you dont need an MBA or any other special For most creative specialists, the
credential to move into the creative side beyond more specialized you are, the better
your career prospects will be.
excellent, proven creative and problem-solving
skillsa combination that isnt always easy to come by.
In addition to striking visual abilities or a distinctive
flair for writingtalents that some in the industry
claim you have to be born withyoull need to be
an extremely patient, analytical observer of human
behavior and industry trends to know what will work The Upside

Getting Hired
to win customers away from the competition. These are legitimate and potentially lucrative fields in
Insiders say that in a tight economy, the competition their own right; ad agency copywriters, commercial
is especially fierce for customer dollars even for video/film producers, and other creatives with a track
creative specialists with impressive portfolios. No one record of successful campaigns can command salaries
can afford to lose a client, so youll need to bring your that rival those of marketing directors and even VPs.
A-game to work every single day, says one copywriter. Many enterprising creatives also start their own agencies
Since the barriers to entry are relatively low, new people or independent consulting practices. Although not all
are always entering the field eager to establish themselves succeed financially despite long hours of work, self-
(and possibly replace you) with low rates, long hours, promotion, and business management, for some the
and dubious credentials. As the saying goes in many sheer volume of work is a fair tradeoff for the flexibility
REFERENCE

creative specialist fields, You are only as good as your that allows them to pick their kids up from school, take
FOR YOUR

last campaign. These fields can be rife with burnout and a walk in the afternoon, or wear pajamas all day.
spectacular falls from grace. The working hours are part
of the problem: Expect to work 50- to 75-hour weeks.

WETFEET INSIDER GUIDE 35


At a glance
Careers in Marketing

A Day in the Life of a Copywriter


8:00 a.m. Get up, head to gym for an hour, shower, 1:00 p.m. Dejected; head for lunch alone. Wonder
take off for work. if Im losing my edge. Theres been talk
of more layoffs around the agency due
9:30 a.m. Roll into work; consume first of many cups to limited new business. I cant afford to
of coffee while reading and responding to bring Swell anything less than stellar copy.
The Role

email. Get comments from the account Call my sister to commiserate; college-age
manager about Swell Computers account. nephew answers while watching Fast Times
They loved the concept, but are looking at Ridgemont HighIts a classic, dude.
for something a little different to make That gets me thinking
the ad skew younger, without being
sophomoric. Try not to take this as 1:45 p.m. Rush back, scan Web for Jeff Spicoli (one
an insult and call account manager for of the main characters in Fast Times),
specifics. Are they talking teens? Tweens? surfers, and surfing.
On the Job

No details to be had.
2:30 p.m. Tear myself away for new-client meeting;
10:00 a.m. Do research on Web and discover Swell has account manager does all of the talking. I
been losing market share to Moonbeam am introduced as the genius behind Swell
Computers, especially in college student computer adsno pressure or anything.
market. Check out Moonbeam computer
The Workplace

collateral; notice new flat screen and 3:45 p.m. Head back to computer and read rave
tagline: Get hip to the screen. Thats teen reviews of new surfing blockbuster.
going to be a tough one to beat. Find surfing slang dictionary. Swell means
wave. Surf the Swell could work
11:30 a.m. Reread brand promise, key messages,
selling points of Swell computers. Makes 5:30 p.m. Do a search and discover Surf the Swell
sense, but how do I make teenagers care is the trademarked tagline of Swell Surfing
about what Swell has to say? What do they magazine. Too bad!
care about?
Getting Hired

6:00 p.m. Check email; find reminder about follow-


12:00 p.m. Colleague solicits feedback on candy bar up meeting with client in hair-transplant
ad, catches me checking out teen movie business tomorrow. Must get cracking on
sites and chat rooms, and looks concerned concept.
that Im not spending my work time
wisely. Research, I say. Notice sci-fi 8:30 p.m. Head home, resolving to get a head start
movies losing popularityso much for on the hair-transplant concept tomorrow.
that alien concept. Discover 80s are back, Hey, Get a head start could work
but another computer company is already
using 80s music in ads.
REFERENCE
FOR YOUR

36 W E T F E E T I N SIDER GUIDE
At a glance
Marketing/ Managing team of marketing, product, fund
development, or brand managers and assistants

Fund Strategy development

Development The Upside

The Role
Director The contacts you make and cement in your role as
marketing director are both powerful and portable.
On the job, youll develop strong relationships with
If youre aiming to become a captain of industry key players in ad agencies, the media, consulting
or a nonprofit mover and shaker, a marketing director firms, your industry, and the marketing field in
position is one big step in the right direction. An general. These professional contacts will link you to
MBA from a well-regarded school could be helpful in the services, people, ideas, and exposure you and your
getting you in the doorparticularly if there are fellow organization need to make your marketing program

On the Job
alumni in your target organizationbut its by no a success. When you move on to greener pastures,
means a guarantee that youll be seriously considered youll take a much heavier address book with you.
as a candidate for this position. In fact, that address book probably helped you land
To land this job, youll need years to eight years of your new job in the first place. If you tend to them
experience within a particular industry, with a solid with care, your relationships will give you the inside
track record of successful launches and relaunches track on prime marketing positions before theyre ever

The Workplace
of products or service offeringsplus the numbers made public. Membership in a professional association
to back up your claims. On the nonprofit side, like the American Marketing Association (AMA)
youll need to show significant gains in donations, is one way to cultivate these relationships outside
sponsorships, grants, or fee-for-service client rosters your organization, as is attendance at marketing and
to become a marketing director or director of industry conferences.
development. Youll need strong team-building and
management experience to see your team through A Day in the Life
setbacks, inspiring them to defy the odds with of a Marketing Director
spectacular marketing successes. This effort will take 8:00 a.m. Check email, review schedule and progress

Getting Hired
50 hours to 75 hours a week, or however long it takes reports on project management timeline, look
to accomplish your marketing goals. over Thrive tracksuit brand-extension plan.

Typical Responsibilities 9:30 a.m. Begin SWOT (Strengths, Seaknesses,


Typical responsibilities for marketing and fund Opportunities, Threats) analysis on Thrive
development directors include: running shoes. Gather public sales data
Budget allocation and oversight from competitors; notice running shoe
market seems to be down overall, while
Business unit profit-and-loss management sales are up for orthopedic walking shoes.
and accountability Interesting
REFERENCE
FOR YOUR

Managing portfolio of brands (or fund 11:00 a.m. Run across news article about strike at
development efforts: annual fund drive, corporate plant in Indonesia where my company
sponsorships, grant proposals, etc.) sources shoelaces. Turns out the strike is

WETFEET INSIDER GUIDE 37


At a glance
Careers in Marketing

about working conditions; recall recent consultant with success putting clients in
child labor scandal about competitor touch with Oprah, or who has any personal
shoe manufacturer that led to boycott experience with giveaways on Oprah and
and bad press. Forward article to VP of might be willing to share tips or advice.
marketing and head of PR, along with a
note recommending conference call with 4:30 p.m. Conference call on Indonesian plant
The Role

operations researcher and key supplier strike. Information gathering reveals


in region to assess situation and need supplier in question thwarted official
for damage control. VP agrees; call is inspections of facilities in past, but
scheduled. denies increasingly frequent reports of
deteriorating working conditions. Team
11:30 a.m. Clarify points of strategy with brand resolves to pressure supplier to agree
manager on tracksuit brand-extension to labor union demands while seeking
plan. Im not convinced that product alternative suppliers and issuing press
On the Job

placements in rap videos are the right statement of the companys determination
vehicle to convey Thrives message to to work only with suppliers with working
suburban women aged 25 to 35, which conditions that exceed industry standards.
is currently the fastest-growing market Marketing VP praises me for bringing
segment in this area. We briefly brainstorm matter to senior managements attention.
together and decide to look into product
The Workplace

placements in movies and television 6:45 p.m. Ive got email. A former colleague I had
programs aimed at this segment instead. lunch with last Tuesday has emailed me
back, saying that her sister-in-law works
12:15 p.m. Lunch (sandwiches again) over meeting at Oprahs Harpo Productions and might
with VPs of marketing and sales to review be able to tell me who to talk to about a
quarterly results against projections. giveaway; email profuse thanks and insist
Discussion of strategic priorities ensues. As on treating to lunch next week.
Im heading back to my office, I notice an
O magazine article on a brand assistants 7:00 p.m. Checking over schedule, I respond to
Getting Hired

desk on gearing up to get in shape. That email from managers and ad agency
gets me thinking: It would be great if we requesting follow-up meetings and
could somehow arrange a giveaway of strategy planning meetings. Email brand
tracksuits to Oprahs studio audience as a manager with a few additional questions
tie-in to a get-in-shape episode. on shoe campaign creative.

3:15 p.m. Review agency creative materials for 7:30 p.m. Remember those orthopedic walking shoes;
upcoming shoe campaign, along with fire off email to market research to collect
managers recommendations. data on exercise trends, particularly walking.
REFERENCE

Brand manager back for sign-off on Decide to get home and take a walkin
FOR YOUR

3:45 p.m. 8:00 p.m.


amended Thrive tracksuit brand-extension my Thrive athletic shoes, of course.
plan. I send an email to friends and
colleagues to ask if anyone knows a PR

38 W E T F E E T I N SIDER GUIDE
At a glance
Market Effective market researchers are naturally curious
about people and quickly pick up on peculiar

Researcher coincidences and intriguing idiosyncrasies, making


them invaluable in the marketplaceand great at
cocktail parties.
If the word triangulation is music to your ears, You will typically work 35 to 65 hours a week.

The Role
you may have a future in market research. While
brand assistants and marketing associates are often Typical Responsibilities
handed the tasks of number crunching and data Typical responsibilities for market researchers include:
analysis, the actual research design is typically a job Assessing effectiveness of advertising and
for expert market researchers. This field requires sharp promotional campaigns (especially in ad agencies)
analytical skills and a keen eye for data patterns that
could point the way to effective product development Conducting surveys, new product tests, polls,
and promotional strategies. You will also need to get focus groups, in-home or in-store interviews, and

On the Job
comfortableif not intimately familiarwith software relational research (for example, Nielsen ratings)
used in market research, especially the following:
CATI for sample selection Data collection, tabulation, analysis,
and presentation
Sawtooth for conjoint analysis
Making recommendations to manufacturing and

The Workplace
SPSS for statistical analysis sales forces about the market for their products

Web data analysis software such as Accrue Product R&D and testing
or WebTrends
Researching project design (methodology, metrics,
CRM applications are also useful to know, since sample selection)
researchers familiar with those methodologies often
command higher salaries. A PhD in marketingor
another discipline requiring strong communication

Getting Hired
and analytical skills, such as psychology, sociology,
political science, IT, math, or literatureis helpful
for career advancement, but an MBA or MA in
statistical analysis with a background in psychology
or anthropology could get you in the door. Over
time, you might begin to specialize in a specific
industry, type of research (for example, focus groups,
interviewing, online surveys), or market segment (for
example, tweens, Hispanic/Latino, gay/lesbian). If
your research specialty is particularly in demand, you
REFERENCE

might get snapped up by a market research firm or


FOR YOUR

decide to start your own consultancy.

WETFEET INSIDER GUIDE 39


At a glance
Careers in Marketing

The Upside A Day in the Life


Research design is often misunderstood as being of a Market Researcher
a tedious process of matching questions about 8:00 a.m. Sort through email; find an urgent
the marketplace with appropriate methodologies, message from a new assistant brand
samples, and metrics. But creative thinking is manager for Zeroes cereal at client
required to produce the most insightful qualitative company Frankenstuff who is panicked
The Role

and quantitative data on consumer behavior, and the about the results of a cereal category
process of market research can be anything but dull. analysis I conducted that is about to be
Think of market researchers as coolhunters, who sent to partner retailers. These findings
identify emerging trends through contextual studies of show last quarters category leader, Zeroes,
trendsetters, or applied anthropologists, who uncover trailing a distant fifth after rival brands.
unmet needs through participant observation with a I set up a time to meet with the assistant
target consumer group. brand manager.
Many researchers are independent consultants or
On the Job

academics, or they work for ad agencies or market 9:00 a.m. Spend some time preparing for this
research firms. They get the inside scoop on a much evenings focus group on nut butters. Give
broader range of consumers, companies, and brands final once-over to questions; add in a few
in a single year than brand managers might get in a pertinent psychographic probes. What is
lifetime. Brand managers may gloat about free dinners it that inspires consumers to branch out
with ad execs, but remember: Theyll still be talking from peanut butter and try almond butter
The Workplace

about shampoo while youre dashing off to run a instead? Can they be convinced to switch
pharmaceutical focus group in Brazil. to cashew butter, too? Inquiring minds
want to knowand so does my client,
who dominates the nonpeanut nut butter
market and sold 2.7 times more almond
butter than cashew butter last year.

10:30 a.m. Interrupted by a call from the marketing


director at Frankenstuff whos also alarmed
Getting Hired

by the category analysis and baffled that


several of the companys brands seem to
have performed poorly against generic
private label/store brands last quarter.
Could I produce a top-line summary
comparing recent results from private-
label and Frankenstuff brands? Quickly
compile requested data into graphs and
notice steep drop-off in Frankenstuff
sales across all price points against private
REFERENCE

labels in Decembera time of year when


FOR YOUR

Frankenstuff brands had historically been


strong. Hmm

40 W E T F E E T I N SIDER GUIDE
At a glance
12:30 p.m. Head out to lunch with a tech-savvy 5:00 p.m. On my way to the focus group, drop off
marketing assistant Im grooming for an the report to the marketing director at
analyst position on the market research Frankenstuff. Casually ask, Is there any
team. Interesting conversation about common denominator you can imagine
the future of collaborative filtering affecting these brands in December?
software ensues. Can a simple online quiz When the marketing director blanches,

The Role
identifying a consumers taste in music suddenly I remember: Several experienced
be used to reveal what flavor of soda that brand managers and assistant brand
consumer is likely to drink? Sounds like managers were laid off at Frankenstuff in
science fiction, but the assistant tells me December. Offer that the CPG marketing
the software has been in development for practice at my consulting firm could train
five years. Make mental note to add scan new hires. Could I set that up right away?
for collaborative filtering to my online Of course. Conference in an account
article-tracking service. manager; exit to sounds of deal being

On the Job
hammered out.
1:30 p.m. Back to work wrapping up last-minute
focus group issues. Brief the interviewers 6:00 p.m. Observe focus group; learn that moms
on changes to the questions; go over consider nut butters with a slight grain
focus group preparations with marketing healthier. Belly growlsresolve never
analysts. to do another focus group on an empty

The Workplace
stomachespecially one about food!
2:30 p.m. Meet with Frankenstuffs troubled assistant
brand manager, who wants to drop the 8:00 p.m. Head home to fix my kids cashew butter
new category leader, WheatSmart, out sandwiches for tomorrows lunch with
of the category research portfolio as an leftover focus group freebies.
outlier to make Zeroes look better.
Gently remind the wet-behind-the-ears
assistant brand manager that these findings
must be included to maintain credibility

Getting Hired
with the partner retail chain; suggest
running competitive intelligence study on
marketing patterns of competitor brands
since last quarter to identify winning
strategies. Will I help? Of course.

3:00 p.m. Look over top-level comparison of


private-label and Frankenstuff brands;
write up executive summary drawing
attention to peculiar drop-off in
REFERENCE

performance in December.
FOR YOUR

WETFEET INSIDER GUIDE 41


At a glance
Careers in Marketing

Marketing Typical Responsibilities


Typical responsibilities for marketing consultants include:

Consultant Advertising and cross-platform promotional


program development

Up for a challenge? Once youve acquired Data collection and analysis


The Role

specialized skills, strategic acumen, and a list of


impressive accomplishments with well-known brands Industry and competitive analysis
or organizations with contacts to match, you may
be ready to get out from under the corporate (or Market performance assessment and
nonprofit) umbrella and enter the world of consulting. recommendations
Most successful marketing consultants have experience
at the marketing director or VP level, with a minimum Market research and forecasting
of eight years of experience in marketing and a broad
On the Job

range of expertise and success stories to show for it. Product testing
Some choose to sign on with established consulting
firms where they get to work with a broader range of Supply-chain management
brands, services, and organizations than they would
in a corporationbut without losing the benefits and Systems assessment and troubleshooting
steady income to which theyve become accustomed.
The Workplace

Going into business with a partner is one way to hedge Training


your bets; you might team up with a market researcher
to become a one-stop marketing strategy shop. The Upside
Other brave souls decide to go it alone as As a consultant, all of those research methods courses
independent consultants, putting the business skills you took and that statistical modeling software you
theyve acquired as marketers to the ultimate test of learned as an analyst are about to come in handy;
running their own businesses. Keep in mind that as an consulting firms will be scanning your resume for solid
independent consultant, youll need to absorb the costs quantitative skills, savvy research applications, and
of your own benefits, accounting, marketing efforts, statistical software proficiency. Market research skills
Getting Hired

legal fees, business website development, promotional will help you command more money and respect as
materials, and business losses from delinquent clients. an independent consultant, too. If research is not your
Suddenly that attractive hourly rate could look a lot less forte, consider partnering with an experienced market
attractive than a salary at a consulting firm. You will researcher to broaden your service offerings and
have to make marketing magic happen on your own. increase your competitive advantage. If you back your
Consultants with firms may work 50 to 70 campaign strategy with solid research, youll be taken
hours per week. The skys the limit for independent much more seriously by your clients.
consultants just starting out, but 60 to 75 hours per
week is not unusual after the first year or two.
REFERENCE
FOR YOUR

42 W E T F E E T I N SIDER GUIDE
At a glance
A Day in the Life
of a Marketing Consultant
9:00 a.m. Over cereal, check my PDA for 2:30 p.m. Check email; find note from editor of
appointments and reminders. Walk food industry magazine I pitched an
to office in fuzzy slippers (its just article to a couple of weeks ago. Editor
downstairs); go through email. Caterer wants me to write a story on resurgence

The Role
I met at college alumni mixer wants to of comfort foods. Do victory dancethe
know my rates. Email nice note and pay is negligible, but the exposure in my
link to my website; offer to cost out industry niche is invaluable.
the projectIm sure we can work
something out, I say. 3:00 p.m. Get follow-up call from caterer; his project
is a promotional brochure he wants done
10:30 a.m. Receive a follow-up call from prospective in three weeks, in time for a food fair.
client to whom I just submitted a bid Gently break news to him about printing

On the Job
on a wedding-planning promotional timelines; suggest elegant card instead.
project. They liked the proposal, but Could I send him an estimate for the
want to know if I could go any lower on card? No problem.
my bid. Discuss options, they mention
website redevelopment could be put off 3:30 p.m. Call printer and graphic designer, pull
until next quarter and still be completed together estimate, send to caterer.

The Workplace
before wedding-planning season begins in
earnest. I offer to rework my bid without 4:00 p.m. Get to work on promotional strategy
the website piece and submit it again. for baking companythe client who
recommended me to the wedding planner.
11:00 a.m. Rework bid; fire it off with winsome Make note to send gift basket to bakers if
cover note. wedding-planner gig works out.

12:30 p.m. Contact copywriter I subcontracted to 6:00 p.m. Come out of my office for quick jog,
write media kit for upscale restaurant shower, and dinner with significant other

Getting Hired
chain. Now they want an invite for an (takeout again).
upcoming black-tie benefit. Copywriter
is leaving on vacation next week and isnt 8:00 p.m. Retreat again to work on that invite.
available. Looks like my weekend is now
spoken for. 9:30 p.m. Add up billable hours: five hours. Not
great, but Ive had worse. I deserve to
1:00 p.m. Decide to get cracking on the invite watch a DVD tonight.
over a hastily assembled sandwich. Take
out brochure as point of reference; start
brainstorming concepts.
REFERENCE
FOR YOUR

WETFEET INSIDER GUIDE 43


The
Workplace

4
Culture and Lifestyle...................... 46
Workplace Diversity....................... 49
Compensation................................ 50
Perks...............................................51
Career Opportunities..................... 53
The Inside Scoop............................ 56
At a glance
Careers in Marketing

Culture and By Industry


Despite the variety of opportunities available to

Lifestyle professionals in the marketing field, its possible to


draw some broad conclusions about cultural and
lifestyle tendencies based on the industry a given
organization operates in.
The Role

Consumer Packaged Goods


There are no generalizations CPG companies are categorized as more conservative
when it comes to marketing in culture, with hierarchical structures, dress codes, and
departments. Each long-established internal systems. This perception is
heightened by the location of many CPG headquarters
organization has its own in smaller U.S. cities and towns between the coasts
culture, which is often dictated for example, Procter & Gamble is headquartered
On the Job

in Cincinnati and General Mills is in Minneapolis.


from the top down. Location is the worst thing about CPG, says one
longtime CPG insider who prefers metropolitan living
on the coasts. CPG companies draw employees from
around the nation and globe and are often located in
The general public thinks of marketing as a the heartland primarily because of the cost savings, but
The Workplace

creative field where unconventional thinking and the perception remains that these middle-American
attitudes reign supremebut marketers know better. CPG companies are homogenous and change-averse.
There is no one culture of marketing that applies across
all organizations, and many departments would hardly
be described as freewheeling. Marketing departments > TIP
in some conservative consumer packaged goods (CPG) Marketing departments range
from conservative and risk-averse
companies are often as straitlaced, buttoned-down,
to progressive and open to new
hierarchical, and analytical as those in the rest of the directions. Do your homework on a
company. Even marketing departments that may company so you know what youre
Getting Hired

appear chaotic and nontraditional on the surface, such getting yourself into culturally.
as those often found in tech companies or nonprofits,
may operate according to an established set of strategic
priorities not apparent to the casual visitor.
The lifestyle for marketers improves as experience Financial Services
is gained. Entry-level wages may not enable you to Financial services companies are also characterized as
sport a Mercedes convertible. In fact, you may need to conservative, due in part to more traditional business
take the bus home, even after long nights in the office. dress codes and rigid working hours that typically
Though insiders dont consider marketing a typical coincide with the open and close of the New York
nine-to-five job, they say after three to five years you Stock Exchange. But the practice of marketing within
REFERENCE

will have paid your dues. Most insiders reported these organizations is anything but dull and boring.
FOR YOUR

working 50-hour weeks and several said they had some These companies tend to be located in major urban
flexibility in their work hours. centers, along the coasts, and in Chicago, and are
accordingly fast-paced. However, the culture of these

46 W E T F E E T I N SIDER GUIDE
At a glance
companies may shift with their fortunes in the market. twice as much as in 1995. Surveyed grant makers are
One noted financial services company hired in-house optimistic for more funding increases in coming years.
massage therapists and chiropractors during the heady HR research company Abbott and Langer found
dotcom boom erathen promptly laid them off when that marketing development managers earned a
the market started to nosedive. median salary of $53,000 in 2006 and directors of
communications made a median salary of $60,000

The Role
INSIDER SCOOP (www.abbott-langer.com/snosumm.html). If youre
Its intellectually challenging to understand looking for a public charity that can afford to pay a
customer motivations and responses given the more competitive salary, you should think big: The
inherently abstract nature of services. So the job number of employees at an organization is a good
can be creative and fun. predictor of how much funding is available for salaries.
Much larger salaries can be found at the largest
Nonprofit nonprofits, where employees can make 50 percent to
In the nonprofit sector, you wont ever have to 100 percent more.

On the Job
worry about getting too used to in-house massage All too often in nonprofits and professional
therapistsfor the most part, nonprofits earn their services firms (with the notable exception of market
reputation for long hours, close quarters, and low pay. research and business consulting firms), marketers
However, many nonprofits are not as strapped for find themselves misplaced and misunderstood. Even
cash as you might think. According to the Foundation in larger nonprofit organizations with more funds for
Center, roughly 71,000 U.S. foundations distributed major campaigns, most positions calling on marketing

The Workplace
almost $40.7 billion in 2006. Thats more than skills are found in development and communications

Top 10 States with Greatest Share of Nonprofit Assets


2006 Number
Rank State Share of Total (%)
Assets ($B) of Organizations

1 California 343.0 11.2 147,732

2 New York 295.6 9.7 94,232

Getting Hired
3 Massachusetts 196.8 6.4 35,890

4 Illinois 163.7 5.3 59,861

5 Pennsylvania 158.2 5.1 60,858

6 Texas 149.4 4.9 91,578

7 Ohio 118.7 3.9 58,002

8 Florida 104.4 3.4 65,714

9 Virginia 98.3 3.2 36,450


REFERENCE
FOR YOUR

10 Michigan 98.2 3.2 44,770

Sources: National Center for Charitable Statistics; WetFeet analysis

WETFEET INSIDER GUIDE 47


At a glance
Careers in Marketing

departments rather than in designated marketing benefits it provides. These marketers jobs dont end
departments. In all but the most entrepreneurial when they leave the offices. They are charged with
nonprofits, professionals with marketing skills spend seeking the next big ideaeven in grocery stores and
far more time organizing fundraising campaigns, at the moviesand embodying their companys core
planning benefit events, and writing grant applications values at all times.
and reports than they do working on projects that even Another toy company sandwiches its marketing
The Role

remotely resemble for-profit marketing activities, such department between R&D and sales in a cubicle
as developing effective fee-for-service campaigns. maze on the floor of a former factory, with glassed-
Someone who is flexible and enjoys a wide in conference rooms and toy displays around the
range of responsibilities is more likely to thrive in perimeter. This company is an up-and-comer that
nonprofit settings. Some days you might have to emphasizes analysis and cross-functional teamwork
take out the trash, but chances are your boss has to identify market opportunities and swiftly correct
had to do the same. Be ready to pitch in. Marketers market miscalculations. Marketers are judged and
with a knack for (and desire to work more directly rewarded strictly by the numbers, which can feel like
On the Job

with) development and fundraising could be in for a high-pressure, but fair approach. These marketers
a tropically hot job market because good fundraisers work long hours, often 12-hour daysbut once
are in high demand. As veteran fundraisers retire, theyre home, theyre off duty.
nonprofits are accepting younger, less-qualified
candidates to fill their seats, according to the April
30, 2006, article Development Dollar Divide,
Professional Services:
The Workplace

which appeared in the Chronicle of Philanthropy. In


professional services firms, many marketing positions Make Sure to Talk the Talk
are filed under sales and new business development.
Unless the firm has a sound grasp on CRM and In many professional will have acquired
intangibles such as reputation management and services companies, an intuitive grasp of
branding, marketers in these organizations could find you should be marketing metrics,
their efforts judged almost solely by sales. prepared to spend a jargon, research
significant amount of methods, trends, and
your time explaining industry-standard
By Company your marketing strategieswhich few
Getting Hired

Industrywide generalizations often fail when it methodologies, people in most services


using market firms and nonprofit
comes to specific companies. Take major toymakers:
research findings to organizations can offer.
Theyre consumer goods companies, but not all shape service and But heres the big but:
of them are conservative. Your best cue about the product offerings, Unless you can bridge
culture of a companys marketing department may setting reasonable the knowledge gap and
expectations for let people in on your
not be its industry segment or market position, but return on investment thought processes, your
rather its physical layout. (ROI), getting top career success could
For example, the marketing department at one management buy-in for be limited. Dont expect
prominent toy company has the run of an entire floor, marketing strategies, to be appropriately
and translating rewarded for your
laid out in sunburst formation around a central area
REFERENCE

marketing results contributions until


with couches and toys. This company is an industry
FOR YOUR

into terms everyone those around you fully


leader with strong core brands established through a can understand. After understand why your
willingness to take creative risks; it values the marketing youve spent a few skills are so valuable.
years in the field, you
department for the brand image and bottom-line

48 W E T F E E T I N SIDER GUIDE
At a glance
Workplace
Diversity As far as diversity goes,
marketing is one step ahead
Again, broad characterizations often fail of many other business

The Role
when it comes to describing workplace diversity
in marketing departments across industries and
disciplines, says an African-
companies. Nonprofits tend to be the most diverse American marketing insider.
working environments for marketers, and women
often find themselves in the numerical majority.
In stark contrast, upper management in marketing
at CPG and financial services companies is often specific communities. Consumer goods companies
characterized by stereotypical phrases such as lily- are beginning to follow IKEAs lead and are seeking to

On the Job
white and old boys clubbut then again, the same capture the gay and lesbian market in their advertising.
was said about tech marketing until a few years ago. Thanks to the growing Hispanic population, salsa is a
That said, companies across the industry spectrum hot commodity in the U.S. In other words, companies
have taken notice of census data showing the growth must be able to understand how the changing cultural
of minority populations in the U.S., and theyre makeup of the U.S. affects consumer preferences.
making a more concerted effort to hire marketers with U.S. corporationssuch as American Airlines, which

The Workplace
expertise in these critical consumer segments. in 2007 sponsored a travel segment on the Steve Harvey
Morning Show in part to reach an African-American
Changing Markets, audienceare seeking to cement a market leadership
Changing Marketers position both domestically and overseas by appealing
to dominant ethnic markets at home and abroad.
By bringing on diverse team members, businesses are
hoping to better match their employee demographics
Marketers who think they to their target consumer demographics. Bilingual and
bicultural marketers, who have long been valuable
have an inside track on the

Getting Hired
assets to global category leaders such as Coca-Cola and
Hispanic market just because Pepsi, are finding their talents sought after in the U.S.
they were born in Mexico and marketplace as well as overseas. You might get to learn
about other cultures, how they think, and what they do.
speak fluent Spanish have
another thing coming.
> TIP
Study- and work-abroad programs
demonstrate your interest in other
cultures and your potential to work
As these majority-minority markets continue to
REFERENCE

with international marketing clients.


grow, so does interest in expertise in these markets.
FOR YOUR

Competition among hospitals and professional


services firms is heating up as they seek to diversify
their client base with targeted marketing efforts in

WETFEET INSIDER GUIDE 49


At a glance
Careers in Marketing

However, be advised that your gender, ethnic to-one in top management positions. This survey
background, travel experience, or sexual orientation are reports that bigger firms arent always necessarily more
not in and of themselves sufficient criteria to qualify equitable with pay, either. On the contrary, women
you as a marketing expert on the subject of women, tend to get paid salaries closer to those of their male
ethnic consumer segments, international economies, counterparts in agencies with an annual gross income
or marketing to the gay and lesbian community. If you of less than $7.5 million. Just how significant is the
The Role

plan to position yourself as an expert in these areas, pay difference? Top men at agencies with annual
youll need to do your research, build your portfolio, incomes more than $15.1 million take home an
and manage your career accordingly. Marketers who average of $115,000 more each year than women in
think theyve got the inside track on the Hispanic comparable positions.
market just because they were born in Mexico and However, the news isnt all bad. Women are making
speak fluent Spanish have another think coming, says inroads into the upper ranks at CPG firms, and female
a VP of marketing for a major Hispanic entertainment brand managers and marketing directors are holding
company. When Im hiring, I look for more than companies to their reputations for being family-
On the Job

bilingual skills. I want people who can prove to me friendly by seeking and securing flexible job-sharing
they have the analytical acumen and creative capacity positions. Female marketers also have an established
it takes to wrap your head around an extremely presence in health care and nonprofits, and are making
complex and increasingly influential market. a small but noteworthy showing in the traditionally
male-dominated (and more lucrative) fields of
Opportunities for Women technology and financial services.
The Workplace

Of course, dont expect marketer demographics to The entrance of talented female marketers in
match marketplace demographics any time soon. previously male-dominated fields has made these fields
Women have been a numerically dominant minority more competitive overalland thats good news for
in many parts of the world for some time, yet even all talented marketers, who now stand a greater chance
CPG companies that target women consumers and of being recognized on the basis of their individual
boast better hire rates of women than other industries merits. Men in historically male-dominated industries
are often short on female marketing directors and can no longer count their gender as an advantage;
VPs. In Brandweek magazines directory of 146 by the same token, women who used to be big fish
companies with top brands, women held the chief in small ponds by virtue of their gender are finding
Getting Hired

marketing officer position in just one-quarter37 this is no longer a significant differentiator. When I
to be exactof the companies ( Beyond the Glass entered the tech field ten years ago, you could count
Ceiling, September 14, 2006). In 2006 research firm the number of women execs on one hand, says one
Copernicus asked 265 senior marketing executives pioneering female marketing VP. Now Im no longer
(male and female) about their perceptions of gender quite the curiosity I once was. I know others who liked
equality in their workplaces. More than half said that added attention, but personally I find it a relief to
women in their departments were treated better than put that behind me.
women in other departments in the same company,
and 80 percent said women had better odds of
advancing in marketing today than in the past.
REFERENCE

According to a 2004 Advertising Age survey, men


FOR YOUR

get paid more than women in equivalent positions


across almost all management functions at advertising
agencies, and men outnumber women almost three-

50 W E T F E E T I N SIDER GUIDE
At a glance
Compensation
Compensation for marketing positions Salaries for experienced marketers fall into
varies widely according to industry, size of company, the $50,000 to $80,000-plus range. Market
location, years of experience, and responsibilities. researchers can reach $85,000 in just five years,

The Role
Consider these findings from a 2006 survey: while their counterparts on the creative side are
The lowest=paid positions tend to be in still in the $50,000 to $60,000 range.
the creative field. The American Marketing
Association (AMA) reports that salaries for entry- Salaries for marketing managers in nonprofits
level advertising creatives fall between $26,750 arent always shabby, and some are even
(25th percentile) and $38,836 (75th percentile), competitive with those of their peers in industry
with the median salary being $35,000. and at advertising agencies. But at the marketing
management level, services marketers with a

On the Job
Entry-level market researchers typically fare handle on CRM command the highest pay.
better, earning starting salaries comparable to At the senior executive level, the salaries for
those of more experienced, specialized creatives. nonprofit marketers and principals of advertising
Their salaries usually range from $34,950 (25th agencies fall far short of salaries for marketers at
percentile) to $45,000 (75th percentile), with the professional services firms and CPG companies,
median at $40,000. particularly larger companies with multiple

The Workplace
brands and millions in annual revenue. However,
Product and brand managers have the most positions in small marketing firms with specialized
opportunities to move rapidly up the pay scale; market niches sometimes pay even better than
entry-level salaries can break into the $50,000 to similar in-house positions.
$88,000 range.

Salaries for Web-assisted market research and


Web development positions arent as attractive
as they were just a few years ago, but they still

Getting Hired
fall at the high end of the salary spectrum for
the market research and creative fields. Plus,
positions requiring skills with new media are
still relatively easy to enter with just a couple
years of experience.
REFERENCE
FOR YOUR

WETFEET INSIDER GUIDE 51


At a glance
Careers in Marketing

Marketing and Market Research Salaries


Position 25 percentile75 percentile

General Marketing

Entry level $30,000$41,000


The Role

Midlevel $48,000$80,000

Top level $91,000$125,000

Market Research

Entry level $34,950$46,000

Midlevel $52,000$86,000

Top level $91,000$125,000


On the Job

Marketing Leadership

Midlevel $40,000$95,000

Top level $55,000$135,000

Specific Job Titles

Account executive $54,876$82,803


The Workplace

Account executive, senior $67,000$124,396

Advertising coordinator $43,839$62,115

Communications manager $77,417$103,180

CRM business data analyst $82,433$106,323

Database marketing manager $73,045$105,065

Market research analyst, entry level $42,062$52,823

Market research analyst, 2-4 years experience $50,841$65,900


Getting Hired

Market research analyst, 4-6 years experience $61,507$82,704

Market research analyst, 6-8 years experience $84,771$106,083

Market research manager $80,685$109,155

Marketing assistant, entry-level $33,924$44,354

Marketing assistant, 2-4 years experience $40,001$52,632

Marketing communications manager $73,772$98,690

Marketing director $126,077$190,192

Product/brand manager $79,492$105,446


REFERENCE
FOR YOUR

Chief marketing officer $162,358$267,472

*Benefits and bonuses not included


**Based on one respondent
Sources: American Marketing Association, 2006 Compensation Survey of Marketing Professionals; salary.com

52 W E T F E E T I N SIDER GUIDE
At a glance
Benefits
Compensation is not the strongest motivator for most
marketers, especially those in nonprofits, so you may
Perks
want to get into banking or consulting if you want to As a marketer, you will have more opportunities
make the big dollars. However, marketing does offer than you might actually want to sample the product
room for salary growth, sizeable performance bonuses youre selling and others similar to it. And there are

The Role
for high performers at profitable companies, and other freebies as well. For example, ad agencies often
occasionally employee stock options that accrue and treat their corporate clients to fine dining at expensive
vest the longer you stay with a company. A number restaurants. Also, if youre at an agency youre expected
of companies and larger nonprofits offer 401(k) to take out major marketing clients to meals, so youre
plans, many with matching employer contributions. eating well no matter what. Factor in the occasional
Individual consultants arent so lucky; unlike full-time lavish gift basket from an appreciative vendor, and you
marketers in organizations, they have to pay for their may need to make use of that employee health club.
own health, vision, and dental benefits. Larger (or Nonprofit marketers do not fare so well in the

On the Job
especially employee-centered) for-profit companies freebie department: One nonprofit fund development
may offer additional benefits, such as job-sharing manager recalls after the first Gulf War in 1991 the
programs, matching charitable contributions, an U.S. army gifted her organization with more powdered
employee cafeteria with discounted meals prepared by government cheese than they could possibly use.
chefs, and health clubs on the premises. I think we probably still have some in our storage
closet, the manager says.

The Workplace
Vacation Most important, marketing offers a tremendous
Vacation is typically two to three weeks a year for most opportunity to learn the fundamentals of business
corporate, agency, and consulting firm positions. You management on the job and hone a broad range
could be expected to schedule your time off around of creative and analytical skills. For these reasons,
seasonal swings in product cycles. For example, food marketing is excellent training for would-be executives
and beverage marketers assigned to the Sprite and 7-Up and entrepreneurs and is a key point of entry and
brands should know that competition tends to heat up departure for many specialized fields.
among lemon/lime carbonated beverages around the
winter holidays. A moderate amount of travel could be INSIDER SCOOP

Getting Hired
involved in most marketing jobs, but you can usually If you want to build a business that you can
work in some vacation time around that. Nonprofit grow and influence, and learn how to build a
marketers may have a little more leeway because many company from the ground up, then marketing is
nonprofit organizations offer comp time as partial the place to be.
recompense for the long hours logged by dedicated
staff. Independent consultants are the exception to the
two-week vacation ruledepending on the success of
their businesses, they may get no vacation at all or far
more than they need.
REFERENCE
FOR YOUR

WETFEET INSIDER GUIDE 53


At a glance
Careers in Marketing

Career Before you invest in your MBA, make up a target


list of the firms for whom youd like to work. If you

Opportunities find out they tend to hire from within, you likely
dont need an MBA. At a CPG company, you could
work your way up from a brand assistant position
Getting in the Door to assistant brand manager and eventually become
The Role

a brand or even category manager. An internship in


a reputable ad agency and work on a few important
Get Real accounts will get you started as a creative specialist,
and from an ad agency you can leap to the corporate
Marketers across the for much longer than side. As an entry-level nonprofit fundraiser, your
board should set their theyd expected. Even successful efforts on annual fund drives and other
sights on realistic job midcareer hires should asks could win you a job as a development
targets. MBAs with be prepared to accept coordinator soliciting major donors and corporate
On the Job

some experience who entry-level positions


entered grad school and take a hit in pay sponsorships. That in turn can lead to a development
expecting to land brand for at least the first director position. At a professional services firm, you
manager positions may few years. Executives may be able to segue from the front lines of sales or
have to lobby all their hoping to shift to the
client management into the marketing department
B-school contacts to marketing side of their
score even a marketing organizations should where your firsthand knowledge of the customer could
assistant or assistant know that during an prove helpful in CRM efforts.
The Workplace

brand manager economic slump,


position. Undergrads theres a good chance
with some experience theyll be edged out by
MBAs
could find themselves marketers brought from Although you dont necessarily need an MBA to
jockeying to become outside with a proven get ahead in marketing, it can certainly help pave
unpaid or underpaid track record of financial the way. Chief marketing officers, vice presidents,
ad agency interns, and winsand lower salary
might remain interns expectations.
and marketing directors at larger organizations are
typically expected to have an MBA from a well-
regarded school for marketing, such as Northwestern,
An MBA has never been a strict career requirement Dartmouth (Tuck), University of Michigan, University
Getting Hired

for entry-level marketers. With some work of Pennsylvania (Wharton), Georgetown, Harvard,
experience to your name and the right connections or Ohio State. Your MBA could be a shortcut to a
through colleagues, friends, alumni, or professional position as an assistant brand manager or marketing
associations, you might be able to land a marketing manager, saving you a year or two of rock-bottom,
department internship or entry-level marketing entry-level drudgery at the photocopier (though it
position that involves more than photocopying. wont save you from long hours of number crunching).
Some firms actually prefer to hire from within rather Traditional MBA avenues, such as consulting and
than compete for MBAs. As for market research CPG companies, are facing tough competition for new
firms, undergraduates with degrees in marketing and recruits from trendy technology firms (such as Google
coursework in statistics, mathematics, survey design, and Apple) and hedge funds. According to Fortune
REFERENCE

advertising, and psychology can land entry-level and Universums 2007 survey of MBAs, consumer
FOR YOUR

jobs at these firms, though advanced degrees and packaged goods, once considered the end-all-and-be-
technical training could be requirements to move into all for would-be marketers, were the top pick for only
management positions. 16 percent of graduates. But this doesnt mean MBAs

54 W E T F E E T I N SIDER GUIDE
At a glance
can count themselves in. Youll need to demonstrate backgrounds in sales, customer relations, or supply-
returns for your work: successful grant writing as a chain management might have an easier time making
development director at a nonprofit, new clients added the transition to marketing, which requires more
to the roster at a services firm, or successful brand unconventional creative thinking than finance or IT
launches or relaunches at a CPG firm or ad agency. types are accustomed to and more analytical structure
than designers or public relations types are used to.

The Role
Midcareer Professionals Given the right combination of analytical skills and
Since solid business expertise, ROI, and careful creative problem-solving abilities, an established
profit/loss management are critical to marketing industry niche, and a well-placed connection,
in an unpredictable economy, business-savvy midcareer hires can find themselves well-equipped to
midcareer professionals have gained an edge in the make their mark in marketing.
marketplace for talent. Midcareer candidates with
extensive experience within a particular industrysay, INSIDER SCOOP
sports team managementmight find their insider Marketing requires every part of your brain. You

On the Job
insights give them a boost over the competition for a need to be creative and analytical. You have to
marketing role within their industry niche. You might have a keen sense of people and how to manage
want to bolster your position with formal training in your teams. It is always a challenge.
your marketing niche. If youre in advertising, take
an advertising management course. If logistics is your Market Research
passion, you need a logistics management class to Here is the market research dream sequence: A recent

The Workplace
learn the language, processes, and typical management graduate with a keen sense of inquiry and a good
problems in that field. grasp of statistics lands a market research analyst
If youre a business or nonprofit executive, youre position. The starting pay is good, and with a few years
more likely to have the senior-level professional of experience and some impressive skills with data
connections that can help you land a marketing sets and the latest research software, the researcher is
job. That said, midcareer candidates shouldnt expect moving up the pay and promotion ladder faster than
to make a lateral move from an executive level in the marketing assistants across the aisle.
another disciplinesay, salesto an equivalent Now cut to real life, where recent graduates have to
position in marketing. You will likely have to work compete with MBAs and PhDs in social psychology

Getting Hired
your way up from an entry-level position alongside or other disciplines involving strong communication
people much less experienced than you, and the going and analytical skills. And all for limited opportunities
can be rough for those used to steady advancement. with, at best, incremental pay increases. Entry-level
Marketers win promotions through consistently marketers with a couple of years of experience may
exceptional performance; they dont advance find they need to take classes or even go to grad school
automatically via seniority. just to get to that next level of responsibility and pay.
You will face other cultural differences as well. As it is, jobs early on will entail a lot of lower-level
Midcareer professionals used to delegating nonstrategic work, including copying, proofreading and data input.
tasks to subordinates might find the team-based Its a tough world, and market researchers need to
structure and entrepreneurial orientation of marketing polish their analytical and technical skills to a high
REFERENCE

challenging. Marketers often earn less than successful shine just to keep their jobsand then add a few
FOR YOUR

sales reps or accountants; when you hear the salaries extras to get the edge on the competition.
for marketing positions, you may think twice about
making the switch. Midcareer professionals with

WETFEET INSIDER GUIDE 55


At a glance
Careers in Marketing

The Inside Brand Managers: Its a Numbers Game


Versatility is the key to a successful career as a brand

Scoop manager because brand management is not about


any one discipline, such as advertising, profit/loss
management, or volume forecasting.
Insider Advice for Thriving
The Role

We asked our most experienced insiders for their best


tips and advice for others thinking about a career in INSIDER SCOOP
the field of marketing. Its a numbers game. You have to constantly
keep an eye on numberstracking, managing,
Entry-Level Marketers: What Are You and interpreting them to come up with
Waiting For? approaches that make market sense. Thats
Seasoned marketers say the best way to start in how you build a name for yourself as a brand
marketing is to begin at any level. In a job market managernot with splashy campaigns, but with
On the Job

where experience is key, MBAs could be a distraction. effective ones.

INSIDER SCOOP Many managers fall into certain product or service


I dont think you necessarily need to be an MBA category specializations as a result of their work
anymore to move into a strategic role. Many assignments, but this is not always the best long-
firms prefer to promote from within their ranks. term strategy when it comes to keeping your career
The Workplace

Sure, the pay may not be great to start, but it options open. If you can demonstrate greater breadth
beats paying for business school and taking of experience with a range of goods, services, and
yourself off the market for those two years. operating environments, youll have a much better
Thats a huge loss. chance landing that prime marketing director position
at a credit union than a marketer who has been
One added benefit of not having a business school promoting razors for ten solid years.
loan is you can offer to start at the lower end of the
pay scale on the condition that your reviews will be Creative Specialists: Know Your Niche
scheduled at three- or six-month intervals instead of Finding your place in the sun is all-important for
Getting Hired

annually. That way, in two years you could be making creative types. One former commercial producer
the same salary as someone just getting out of grad doubled his ad agency salary as a freelance creative
schooland your salary could continue to climb specializing in credit sequences.
incrementally while others remains subject to yearly
review. Others may have more schooling, but you can INSIDER SCOOP
still be the smarter marketer. It takes two things to run a successful
business as a creative: a niche no one else wants
and a style no one can imitate. If your work is
distinctive enough, your work becomes its own
best advertisement.
REFERENCE
FOR YOUR

56 W E T F E E T I N SIDER GUIDE
At a glance
INSIDER SCOOP
> TIP
Of all the challenges youll face as a marketing
Before you offer your creative
director, managing your time will be the
services to others, be sure to apply
your creativity to your own career. toughest. Youre constantly in meetings and
team projects, and theres inefficiency built into
that group dynamic. Set boundaries early and

The Role
learn to absorb and prioritize the bombardment
[
of demands on your time.

Unusual skill sets can be a competitive asset, too. To make the most of your meeting time, set clear
Lets say your background is in health care, you speak meeting agendas and leave enough time to go over key
Cantonese and English, and you designed your own marketing concepts. Not everyone youll meet with speaks
website; thats quite a market niche in the making. For the language of marketing, and youll save yourself time
example, you might consider offering your multilingual and allow others to save face if you walk everyone through

On the Job
Web content development services to HMOs, nonprofits, the marketing logic behind your ideas at the outset.
and private elder-care concerns serving communities with
a substantial elderly Chinese-American population. Or Market Researchers: Use Your Head
you might specialize in developing bilingual websites and If you have a head for statistics, you could get ahead
email newsletters for acupuncturists and other traditional in market research. A basic marketing research class
Chinese medical practitioners. Before you offer your should give you an overview of the process, but youll

The Workplace
creative services to others, be sure to apply your creativity also need training in advanced statistical methods,
to your own career. including measurement design, for example.
But dont expect to advance on data crunching
Marketing Directors: Set Your Boundaries alone; youll need communication skills and a certain
Meetings are the blessing and curse of marketing sensitivity to your subject to help top execs and clients
directors. More often than not, youll find yourself in grasp and interpret your findings. Market researchers
meetings with the senior management of your company are often the bearers of bad news during tough
or organization, key vendors (including advertising economic times. So you have to be more careful than
agencies and market research firms), strategic partners, ever about how you present your findings. Do it gently

Getting Hired
lawyers, and accountants. As the necessary link between and constructively.
all of these constituencies, you become indispensable
to your organizationand very well-networked should
you want to make a career change. But you need to stay > TIP
ahead of your market to be successful, and all of these Take some classes in qualitative
research skills, including focus group
meetings can consume your working hours and have
management and interpretation.
you struggling to keep pace with basic tasks. And dont neglect operations
researchmodeling buyer behavior
is increasingly important in data-
driven marketing strategies, and
REFERENCE

making sense of that data requires


FOR YOUR

some serious OR skills.

WETFEET INSIDER GUIDE 57


At a glance
Careers in Marketing

Marketing Consultants: Observe the your manager directly and try to set goals together. Tell
40/60 Rule your manager that you are really interested in advancing
Although independent consultants typically work to the next level, ask how you can get there, and set a
long hours, they dont often get 40 billable hours timeline for advancement together so you can minimize
in a weeks work. your time on the bottom rung.
The Role

INSIDER SCOOP Brand/Product Managers:


I go by the 40/60 rule. When I get a week Dont Go Down in Flames
where Im able to bill out 60 percent of my If this position sounds like trial by fire, youre
working hours, thats a good week. With a week beginning to get the picture. Companies regularly pull
where Im spending 60 percent or more of the plug on brands that fail to hit the all-important
my time on nonbillable tasks like accounting, top two or three positions. The turnover rate is high,
marketing my business, dealing with vendors, and its common practice for companies to reassign
and responding to inquiries, thats a bad week. brand managers to new brands every couple of years.
On the Job

If you want to stay marketable, you cant afford to be


Even with all of your responsibilities, consultants too myopic or fixated on the immediate tasks at hand.
say you need to be sure to carve out some downtime Notice what excites you most in your work, and clear
to keep your ideas fresh and in tune with the market; out some time to cultivate those interests every day
inevitably, some of your best ideas will come to you even if its only for ten minutes. If youre interested
in the checkout line at the supermarket, when you in product development, you might use this time to
The Workplace

see whats in the basket of the person in front of you. study product recalls, track emerging consumer trends
Make sure you step away from your desk and get out in an unexplored area, and build closer ties with your
in public at least once a day. manufacturing division. Make sure youre expanding
your skill set to keep your daily tasks stimulating
Watch Out! and to keep your career options open.
We surveyed marketing insiders to ferret out the
most common pitfalls and complaints confronting Creative Specialists:
professionals in the field. Weve also included some Soft Skills and Hard Data
advice for making the best of a bad situation. CFOs and other analytically-minded types are wise
Getting Hired

to creative credential inflation and consider creative


Entry-Level Marketers: disciplines soft skills, so whether you work as a
Overworked and Underpaid consultant or at a company, nonprofit, or ad agency, find
This is not a job youll want to keep forever. The data ways to quantify your success to prove your value. How
gathering and analysis can be tedious and strenuous, much money did you save a company by converting
and the constant barrage of seemingly nonmarketing the promotional company newsletter from print to
requests to check budget figures, run reports, take email? How many corporate sponsorship dollars did
notes, get quotes from vendors, and order food for your nonprofit client rake in as a result of your targeted
meetings will eventually wear you down. But if you rise corporate sponsorship campaign? How many users
above the tedium you might actually learn something. clicked through the online banner ad you designed?
REFERENCE

Consider it on-the-job training about consumer


FOR YOUR

behavior, vendor management, various promotional


tactics, and products (or services) in your industry or
within your brands category. Share your ambitions with

58 W E T F E E T I N SIDER GUIDE
At a glance
Marketing Directors: With Great Power Few of your marketing colleagues get to interact
Comes Greater Responsibility with customers as often as you will; if youre doing
Once youve landed this job, youll finally be in a your job right, youll gain personal insight and
position to make decisions about your organizations firsthand experiences that will be truly eye-opening.
overall marketing strategy. This may not always be Fun facts are all well and good, but interactions with
so comfortable: When brands or services offerings customers will give you a deeper understanding of

The Role
underperform, it will be your job to turn them around human behavior.
or cut them to make way for more promising ones. Yes,
cutting brands and services could mean cutting jobs. If Marketing Consultants: Know Thy Vendors
youve ever wondered why theres a pay jump between Clients expect independent marketing consultants
marketing or brand manager and marketing director, to be a one-stop shop, so if you arent prepared to
youll understance once you have to personally hand a write marketing copy or provide website development
pink slip to a longtime colleague. This is the moment strategy youll need to know several first-rate vendors
when many aspiring senior executives discover that the you can rely on as subcontractors. Occasionally,

On the Job
added personal accountability for keeping ROI high youll have to look beyond your comfort zone for
isnt worth the extra pay. new vendors to meet the demands of a particular
project. Although it may seem disloyal to seek out
Market Researchers: Painting a Picture a different Web engineer for a particularly complex
with Numbers Web development project, its better to find the right
Dont think that because you spend a fair amount of person for the job than to knowingly mismatch your

The Workplace
time dealing with numbers that you can hide behind client with a vendor just because youre friends. Also,
them and let them do your talking. Youll need strong though you may be able to keep your own books or
communication skills to explain your research findings write your own contracts, you probably wont have
in accessible terms and to collaborate with other the time. To find reliable professionals familiar with
marketing team members on strategy and with IT the needs of small businesses, get referrals from other
personnel on tracking tools. Youll also need to be able consultants and professional associations (of which
to communicate with your research subjects in their youre a member).
terms and often on their turf, whether in focus groups,
doing in-home research, or at on-location taste tests.

Getting Hired
At research firms, the job involves not only figuring
out what customers want, but what the companies youre
working with want to know about their customers.

INSIDER SCOOP
The companies know what they want, but
sometimes they want the impossible. Its a
fragile balance telling companies what they
can and cannot do.
REFERENCE
FOR YOUR

WETFEET INSIDER GUIDE 59


Getting

5
Hired
The Recruiting Process................... 62
Requirements................................. 63
The Hidden Job Market................. 64
Stealth Marketing Tips.................. 65
The Tailored Portfolio.................... 68
Interviewing Tips........................... 70
Getting Grilled............................... 73
At a glance
Careers in Marketing

The place, price, and promotion), the three Ps recently


tacked onto this equation (people, process, and

Recruiting provision of customer service), and Hudsons intriguing


rival formula of the five Is (ideas, interactions,

Process information, imagination, and interruptions).


Instead of trying to know all of the answers going
The Role

into the interview, go in knowing what want to convey


If youre expecting marketing jobs to come about yourself and your experience.
looking for you via corporate and consulting firm
recruiters, make this your new career search mantra: INSIDER SCOOP
Recruiters are not my knights in shining armor. Calm down, know yourself and your abilities,
You need more willpower than ever not to rely on and be yourself in the interview setting.
recruiters. The Graduate Management Admission
Council projects that recruiters will seek to hire 18 You need to be able to present your past
On the Job

percent more MBAs in 2007. The National Association experiences in life and work within a marketing
of Colleges and Employers found that employers were context, says a professor of marketing who counsels
recruiting more graduates from the class of 2007 than students going through the recruiter wringer every
they were from the class of 2006, and were giving them year. An example: Youve been a waiter in a restaurant.
higher offers. But insiders still warn most marketing Thats an excellent marketing work experience. Youve
jobs are handed off to well-networked people who go had to learn personal selling techniques, customer
The Workplace

after the positions themselves, and that the best jobs satisfaction, how to manage peak-demand situations
get filled without the aid of recruiters. In the wake of and on-the-job stress. Youve also had direct experience
high-profile executive ethical scandals, some companies in how customer satisfaction is managed in a service
are taking hiring decisions in-house where they can encounter, and understand the complexities of
more closely monitor background and reference managing services in a dynamic situation. Can you
checks. Banking, finance, ad agencies, and other translate these meaningful experiences into something
organizations are increasingly waiting for ambitious thats going to light up your interviewer?
marketers to approach them; dont keep them waiting. A true marketer at heart will have one answer
If you have lined up an interview with a recruiter, only to this question: Yes.
Getting Hired

make sure to read and understand the interview


techniques described in the sections that follow and go > TIP
in with a tailored portfolio. If you dont have enough Before an interview, read the
relevant experience to fill a portfolio, go in with a companys annual report, and
tailored resume instead. For this, youll need to do search business periodicals from
the past year so you know the firms
background research on your target company. products, customers, and problems,
Dont spend too much time playing the second- as well as industry trends. You want
guessing game trying to anticipate the recruiters to show the interviewer you can hit
questions. Experienced recruiters generally avoid pat, the ground running.
predictable questions like, What is your greatest
REFERENCE

weakness? By all means, review a few marketing


FOR YOUR

fundamentals if it makes you feel more confidentit


couldnt hurt to be reminded of Maslows hierarchy of
needs, Bordens classic four Ps of marketing (product,

62 W E T F E E T I N SIDER GUIDE
At a glance
Requirements When it comes to academic credentials, a bachelors
degree plus some background in statistics and basic
computer knowledge (word processing, email, Web
What does it take to succeed in marketing? searches, and spreadsheets) are the only qualifications
A good balance of right- and left-brain generally considered essential, though statistics isnt
thinking: This will provide both the analytical always a must in creative positions such as Web design

The Role
acumen necessary to collect and analyze market or art direction. According to the Bureau of Labor
data and see opportunities with the creative Statistics 2006 Occupational Outlook Handbook,
capacity to seize these opportunities, and an the following can help position you for a career in
appealing, convincing campaign. Those with marketing:
slightly stronger analytical skills might be better Courses in economics or business including
suited to market research, whereas more creative business law, finance, and business administration
types might opt for careers translating ideas into may prove beneficial, particularly for marketers
advertising images and marketing copy. entering the financial services field or considering

On the Job
working for a multinational corporation.
A strong curiosity about what makes people
tick and what drives them to make purchasing An MBA with an emphasis on marketing can
decisions: If you enjoy snooping in peoples help establish your marketing expertise with
refrigerators and asking probing questions, you certain employersespecially if you happen to
will find you have ample opportunity to indulge have attended the same MBA program they did.

The Workplace
those urges as a marketer. Not all firms hire people straight out of college,
and some recruit exclusively from MBA programs.
An academic and work history that reflects the
first two items: A solid background in liberal A bachelors degree in engineering or science
arts or business administration with at least a in combination with some business courses can
few statistics courses will be an asset to budding come in handy for marketers entering technical
marketers, whereas market researchers with strong fields such as software or pharmaceuticals. Be sure
backgrounds in social sciences and statistical to balance your science-based courses with classes
analysis will have the advantage for entry-level in English or communications, and in business

Getting Hired
marketing analyst positions. For more advanced and economics.
marketing positions, an MBA is often considered
a key asset to demonstrate the analytical rigor, A bachelors degree in advertising or journalism
creative problem-solving abilities, and intellectual may be highly regarded for CPG marketing
curiosity necessary in an effective marketing roles and other marketing positions that require
executive. In terms of work history, any experience considerable creativity and unconventional
you have working retail or in your target industry thinking. Additional coursework in math,
niche will help you, even if it was on the front lines business, and economics will help prepare you for
of customer service or sales. A marketing internship quantitative analysis.
would be ideal experience for entry-level marketers,
REFERENCE

and interns might find themselves offered a job at


FOR YOUR

the end of their stint; many companies prefer to


promote marketers from within rather than seek
out new marketing candidates.

WETFEET INSIDER GUIDE 63


At a glance
Careers in Marketing

Coursework in social-science research methods


and mathematics will prove helpful to marketers The Hidden
and market researchers alike, especially if these
courses specifically address consumer behavior,
market research and metrics, research methods,
Job Market
technology, and visual communication. INSIDER SCOOP
The Role

Never forget where anyone works, and never let


Foreign language abilities and experience them lose track of you, either. Every job Ive ever
living and working in another culture will had Ive gotten through the back door, through
open up overseas job options considerably, as well personal introductions.
as options in U.S. companies with diverse target
audiences. If youre hoping to land your dream marketing
job through a headhunter or a chance sighting of a job
Management training opportunities should posting in the paper, youll have to keep dreaming for a
On the Job

be seized, since advancement at a company long time. The best marketing positions rarely make it
may be contingent on successful completion of to print or onto an executive recruiters radar. News of
such a program; in any case, it looks great on a them first spreads by word of mouth, sometimes even
marketing resume. Take advantage of continuing before positions are available.
education opportunities inside the firm where When a new position has been inserted into
youre working or interning, and ask about tuition a proposed departmental budget or a company
The Workplace

reimbursements for related coursework at local is in growth mode, marketing execs often begin
universities. taking lunches with confidantes and putting out
feelers for potential candidates. When they hear a
Certification, accreditation, and other rumor that a position is about to be vacated (due to
professional marketing distinctions arent promotions, employees moving on, or poor employee
common among marketers, so they can set performance), marketing execs get on the phone and
you apart from the pack and demonstrate your start calling around to see whos available. Keep track
expertise. Consider signing up for one or more of of old contacts and acquaintances and make sure they
the following: do the same for you.
Getting Hired

Sales and Marketing Executives By the time a position is officially announced,


Internationals management certification marketing execs have likely corralled a couple of
program promising contenders. But before they unofficially
close the applicant pool, they often circulate job
The International Association of Business postings through personal email, postings on private
Communicators, which offers accreditation listservs, or professional or alumni association email
for marketing and communications bulletins. These second-tier recipients enjoy the
professionals and awards the annual Gold advantage of having some personal connection,
Quill Awards for outstanding marketing however tangential, at the hiring organization and
programs might be able to follow up with that person for details
REFERENCE

or an informational interview. They usually hear of


FOR YOUR

The AMAs interest groups of marketers the opening well before its announced in business
who specialize in a particular niche, such as publications, career websites, or classified ads. Even
nonprofit marketing or e-commerce if they dont apply before the general public becomes

64 W E T F E E T I N SIDER GUIDE
At a glance
aware of the opening, these applicants may save their with a colleague, host a mock-networking party with
applications from the slush pile by mentioning a friends, or take a public speaking class. If youre already
respected source in the subject line of an email (for networking: Bravo! Youre now primed to enter the
example, Re: Tuck alumni newsletter posting) or the ranks of above-average candidates.
opening paragraph of the cover letter. Check out WetFeets Insider Guide to networking,
By the time a marketing job posting hits the open Networking Works!, for more practical and in-depth

The Role
market and is culled by headhunters, its almost advice on networking for career success.
certainly long gone. Organizations may be legally
obligated to post job openings, but theyre not legally
obligated to consider your resume. Marketers build Stealth
reputations for a living; if no one on the marketing
team at the hiring organization knows the first thing Marketing
about your personal or professional reputation, why
should they entrust you with the reputation theyve so Tips

On the Job
carefully crafted for their brands or organizations?
Make sure your reputation precedes you. The New Power Lunch
Avoid wading through postings or taking resume Marketers have a word for the most productive hour of
workshopsnetwork instead. Join your local their day: lunch. Ask a marketing colleague to lunch,
alumni group, volunteer your time at a charitable and youll soon learn that lunch is more important
organization, sign up for some listservs in your than any single job interview.

The Workplace
marketing niche, start attending parties youre invited Heres why: Marketing is about relationships
to, and pay your dues to your local AMA chapter or among buyers and sellers, consumers and products,
other professional organizations. Suddenly youve researchers and subjects, agencies and companies,
made connections. Now start inviting them to lunch. consultants and clients. Before theyll entrust you with
Its cheaper than a resume doctor, more pleasant than their marketing programs, employers want to know that
hunting for elusive postings, and far more effective in you have a deep, intuitive grasp of relationships. Thats
tapping the hidden job market. what lunch is all about. By the time the bill comes
(which you should be prepared to pick up if you did the
inviting), your strengths at building, understanding, and
> TIP

Getting Hired
cultivating relationships should be abundantly clear.
If you have any doubt about If this kind of working lunch sounds somehow
networking, this should get you over distasteful or like too much work, youre wrong.
it: According to a survey initiated by As described in Networking Works!, this kind of
The Creative Group, 48 percent of
survey respondents are networking networking is easier than you might expect, frequently
more than they were three years fun, and your best bet to getting the inside track on a
ago, with 21 percent reporting great job that will be snapped up long before its ever
they are doing significantly more
advertisedif indeed it ever is.
networking now.

The Exponential Power of Lunch


REFERENCE

In other words, if you want to compete in todays You eat, you chat, you forge a bond with the person
FOR YOUR

job market, networking is no longer optional. If sitting across the table from you. Lets say you discover
youre shy, do whatever you have to do to get over your mutual love of opera and Italian cuisine. Then a
your shyness. Role-play an informational interview few weeks or months later, you get a call:

WETFEET INSIDER GUIDE 65


At a glance
Careers in Marketing

Its your dining partner. Word has it theres you turn a formulaic grilling session into a worthwhile
an imminent opening on the marketing team, conversation. Your new ally might even put in a good
and theyre right in the middle of a pasta brand word on your behalf.
repositioning. Officially, theyll still have to post
the job once it becomes available, but unofficially Mind Your Manners
theyd rather not wade through all of those Here are some tips for how to handle your lunch with
The Role

resumes. One month later: Youve landed the job grace and savvy.
along with an attractive salaryyou knew they
needed a competent marketer fast and they didnt Do:
want to play hardball and lose you. Eat
It gives your dining partner insight into your
Its a friend of your dining partner, who personality (you are what you eat, after all) and gives
had mentioned you might be available for a you something to talk about if the conversation lags. If
consulting project. This friend needs someone to you dont eat you risk appearing tense and making the
On the Job

fill a vacancy on the Campbell Soup new product other person self-conscious.
marketing team on a short-term basis, just until
theyre able to find a new hire. Two months later: Be forthright about why you wanted to meet
You are the new hire. Dont leave your dining partner in suspense,
wondering about your motives. Example: Ive been
Its a friend of a friend of your dining partner, in financial services marketing for a whileIve been
The Workplace

who works at a major consulting firm pitching working for Charles Schwab for five yearsbut Im
ideas to Charles Schwab and heard you used to also a foodie, which has me thinking about making
work there. Would you be willing to consult on the leap into food and beverage. Our mutual friend,
the project? Three months later: Youre the firms Carlos, tells me you made a big switch from health
in-house marketing guru on the financial services care to F&B yourself. How did you pull that off? If
industry. youre planning to apply for a specific position, say
soyour dining partner may be able to advise you
None of these opportunities would have come about how to get your resume noticed.
your way without lunch, and any one of them would
Getting Hired

be well worth the price of some sandwiches. But that Cover interests besides work
investment can get even better: As time passes, a single Personal anecdotes and shared interests make for a
lunch could result in all three of these opportunities deeper connection than straight shoptalk. When it
and more, as each opportunity branches into other comes to hiring decisions or referrals, that connection
opportunities. Marketers have a name for this, too: can mean the difference between having a casual
viral marketing. contact who dimly recalls you and an enthusiastic
advocate on your side.
Lunch Before You Leap
If youve been invited for an interview by a company Dont:
or recruiter, find a friend or a friend of a friend who Be rude to the wait staff
REFERENCE

works at that company and invite that person to Most people know better than to show up late for a
FOR YOUR

lunch. By the time you go in for the interview, youll first meeting, but if you are unavoidably detained,
be equipped with insider insights about the company, dont take it out on your server. In a survey initiated
their projects, and your interviewer that could help by The Creative Group, the majority of 250

66 W E T F E E T I N SIDER GUIDE
At a glance
respondents125 advertising executives from the a subject, steer the conversation to a topic both of you
nations 1,000 largest advertising agencies, and 125 can talk about comfortably. Your dining partner will
senior marketing executives from the 1,000 largest appreciate your understanding and leave lunch with a
U.S. companiesnamed being rude to wait staff more positive impression of you.
as the mistake most likely to hurt an advertising
or marketing professionals chances of impressing a

The Role
current or potential client during a lunch meeting. > TIP
This error in judgment ranked considerably higher Pose open-ended questions that
than any other mistake, including arriving late. prompt your lunch partner to divulge
freely, rather than asking lots of
Rudeness shows you lack the people skills needed to probing, specific questions about
be a real team player and the empathy required to profitability, performance issues,
intimately understand your customer baseplus you product plans, and the like.
never know who used to wait tables or whose friend
or relative is a server. Select a lunch place where you

On the Job
know the service is reliable. Even if the service is
tortoise-slow and youre running late for your next Beg
appointment, avoid finger snapping at all costs and Begging is never pretty and is especially unbecoming
any sentence that ends with and make it quick! conduct for a marketer. Its not the customers job to
buy what you have to offer; its your job to sell it to
them. This is true in the labor market as well as in the

The Workplace
market for goods and services. Your dining partners
respect is worth much more than his or her pity. You
Rudeness shows you lack may get a referral or interview out of sympathy, but
the people skills needed to dont expect that contact to go to bat for you. Impress
be a real team player and someone with your talents instead, and those referrals
and recommendations will keep coming.
the empathy required to
intimately understand your Play the joker
Follow quips with thoughtful insights to show youre
customer base.

Getting Hired
not just a smart aleck. Its better not to wisecrack at
anyones expense, even competitors of your prospective
employer. Marketing is a collaborative field, and snide
remarks and one-upmanship arent welcome. Bear
Pry in mind that brand assignments are rotated every
Due to confidentiality clauses and personal loyalties, couple of years and client accounts get shuffled around
your dining partner may not be able to give you a frequently, so you never know where your interviewers
whole lot of specifics about a particular project or used to work or consult.
company. Try posing open-ended questions that
prompt your lunch partner to divulge freely, rather
REFERENCE

than asking lots of probing, specific questions about


FOR YOUR

profitability, performance issues, product plans, and


the like. You dont want to be perceived as a corporate
spy. If your dining partner seems uncomfortable with

WETFEET INSIDER GUIDE 67


At a glance
Careers in Marketing

The Tailored Get a decent nights sleep.

Portfolio Arrive at the interview promptly the next day.

Problem is, the above is inadequate preparation


to distinguish yourself from all the other ambitious
The Role

marketers who are applying for the same position.


If your contact at the organization has been pulling
I just hired a woman with a strings for you, be prepared to be extraordinary or
so-so resume. She didnt have risk embarrassing your contact and losing that all-
the best experience and never important connection.

worked with larger clients. Let Your Portfolio Do the


But she brought this portfolio Talking
On the Job

Cant you just talk your way into a job? Perhaps,


of designs and ideas she had but youll gain more respect if you let your
worked on in her spare time. accomplishments do most of your talking.
They were amazing.If she I just hired a woman with a so-so resume, says
one insider. She didnt have the best experience and
could do that in her spare never worked with larger clients. But she brought
time, imagine what she could
The Workplace

to her interview this portfolio of designs and ideas


she had worked on in her spare time. They were
do if she was getting paid. amazing.If she could do that in her spare time,
imagine what she could do if she was getting paid.
Preparation and presentation skills are the
hallmarks of any effective marketer, so walking in
Youve made it past lunch and are now onto with a customized portfolio shows you mean business.
the formal interview stage; its the night before the Tailor your portfolio to highlight:
interview. Like most ambitious marketers, you: Your expertise within the target organizations
Getting Hired

Pick out an appropriate interview outfit, making industry segment.


sure its clean, pressed, and presentable.
Your expertise at performing the role that needs to
Print out multiple copies of your resume and list be filled.
of references on nice paper stock.
Creative solutions to issues you know the
Add a tear sheet from a recent print campaign to organization is currently facing (from your
your portfolio. background research and networking lunches).

Go over your background research on the Any come-from-behind marketing victories or


REFERENCE

company and look over the bios of the entire instances in which expectations were exceeded.
FOR YOUR

marketing team for possible points of connection.


Successful campaigns your interviewer could have
Role-play the interview with a partner. heard of or seen.

68 W E T F E E T I N SIDER GUIDE
At a glance
Intentional Omissions
Youll also need to weed out anything in your portfolio A Happy-Ending Story
that doesnt directly support your case for your
intended position, namely: Heres how a of Xumas out of closets
Anything that looks or feels dated: You dont storytelling technique and thrift storesthey
want to take valuable, connection-building time might work in an went from being just

The Role
interview for a plain old to old school
explaining exactly how that tagline captured the
marketing position at a cool. So we tested the
zeitgeist of the late 80s. jeans manufacturer: waters by releasing a
You remember how limited edition of an
Anything from a company known for its unethical big Xuma gym shoes original design circa
were in the 70s, right? 1980. We sold out that
dealings: That includes Chapter 11 flameouts or Well, the brand didnt edition in a month,
spectacular disappointments, like most dotcoms. exactly hold its own in outselling every new
the 80s and most of shoe release that year.
Work from organizations where your performance the 90s. When I was The company took our

On the Job
first assigned the brand recommendation to
was less than stellar: You dont want to run the at my consulting firm, I redefine the brand as
risk that someone asks a contact there about your thought, Man, what did old school and they
performance. I do to deserve this? tell me sales last year
But then I did some exceeded projections
background research by 123 percent in the
A bulk of work from industries entirely unrelated and found that urban U.S. and by more than
to your target organizations niche: That includes hip-hoppers were 200 percent in Italy and

The Workplace
a pile of nonprofit educational brochures for a for- digging the older styles Japan.
profit position marketing furniture.

Show and Tell Make Your Numbers Count


Once you have exactly what you need in your Big numbers can be initially impressive, but your
portfolio, you should practice walking someone audience will have a hard time remembering them
through your portfolio. Effective storytelling plays unless you present them in a context thats memorable
an important role in selling products, services, and and meaningful to them. Consider the difference
grant proposals, and it will help you sell your abilities. between these statements:

Getting Hired
The Creative Group surveyed employers in 2006 While I managed the annual fund drive, we made
and found more than one-third were most bothered 100 percent of our campaign goal.
by prospective hires who failed to show the business The first year I worked on the annual fund drive,
value of each piece in their portfolios. With each work we were up against some serious odds to reach our goal
sample, tell a succinct story of a problem encountered of $180,000 to help build our new facility. This goal
or opportunity discoveredand make sure it has a was twice the amount raised the previous year so it was
happy ending. Show how the piece added value to already pretty ambitiousespecially in the middle of
a businesss bottom line. Try not to linger too long an economic slump. The development director position
on any one example and give your interviewer the had been vacant for four months before I took the job,
opportunity to ask questions. Pull your interviewer so we were behind. Then tragically, the significant other
REFERENCE

in with your own questions and relevant personal of one of our charismatic, longtime board members
FOR YOUR

insights, and provide numbers to substantiate success was diagnosed with cancer, so of course she had to step
wherever possible. down. I put out some feelers for a replacement, and
soon heard that a friend of a friend who had recently

WETFEET INSIDER GUIDE 69


At a glance
Careers in Marketing

finished an impressive term as the chair of another


nonprofit might be interested. I told him I needed a Interviewing
partner on the board who wasnt afraid of a challenge
and described my plans to reach out beyond the usual
affluent donors to request modest donations from
Tips
middle-income community members who responded When it comes time to market yourself in an
The Role

to our survey last year. With his help training and interview, think about how youd position a product
inspiring board members to make fundraising pitches, for success. The same rules apply:
support from corporate sponsors who provided in-kind 1. Examine your target audience, its needs, and the
gifts to donors of all levels, and a kick-off picnic event opportunities.
at the future site of our new facility, we made that
$180,000and weve met our goal every year since. 2. Define how you will meet your audiences needs
and opportunities and provide added value.
Stick to Your Story
On the Job

If you dont have many stories to tell in your portfolio, 3. Outline an overall strategy to convey this message
dont despair; create one around what you do have. to your target audience.
Take your cue from this true story about an ambitious
marketing student who wanted to break into ad 4. Craft stories that will help sell key message points
copywriting but had little practical experience. He to your target audience.
created a portfolio spoofing automobile ad campaigns,
The Workplace

presenting himself as the hot new model. His ads were 5. Implement your plan.
creative, funny, and concise in presenting himself,
says one marketer. They were also incredibly well 6. Evaluate your success.
designed: He helped a design student prepare portfolio
descriptions in exchange for design services. He was 7. Solicit feedback to identify success factors and
resourceful, talented, and managed to talk himself into earmark areas for improvement.
a creative position at an ad agency in Chicago. He
surprised me with his ability to land a job at a higher That may sound like quite an undertaking, but as a
pay than he might have expected. He has since been marketer its your job to make it seem effortless. Here
Getting Hired

hired away from that agency and is in New York now. are more tips to help make your interview an engaging,
winning campaign.
REFERENCE
FOR YOUR

70 W E T F E E T I N SIDER GUIDE
At a glance
Do: your role-play, ask your interviewer what three
Research, research, research. messages youve conveyed. If what your interviewer
This means learning everything you can about the recalls are not the messages you intended, you should
organization in question via personal contacts, Web adjust your answers accordingly.
research, television ads, and collateral materials (annual
reports, brochures, and so on)but dont stop there. Listen actively

The Role
Study the organizations chief competitors and the When your interviewer presents you with a scenario,
industry in general. If youre interviewing with a listen for what is really being asked. How would you
market research firm, youll need to familiarize yourself redesign this companys corporate identity? may seem
with any recent findings it has made public and the to be a question about your creative abilities, but the
industries it covers. If youre interviewing with a CPG interviewer may be testing your strategic acumen (Is
company, get to know the companys key brands. Visit a redesign really warranted?), research skills (How do
stores that carry them for insights about their four you evaluate brand identity?), or your ability to work
Ps (product, price, placement, and promotion) and creatively as part of a team (Who might bring fresh

On the Job
three Cs (competition, company, and customer). If the thinking to the table?). Be responsive and engaged
organization is in the business of providing services and turn questions around on your interviewer. For
(for example, health care, hospitality, or nonprofit), example, What precipitated the need for a redesign?
learn about the marketplace for those services and Share your ideas and demonstrate that you know how
key differentiators. For high tech and biotech, dont to involve others in problem solving, and youll prove
forget to bone up on the latest developments and the yourself a dynamic, creative team player.

The Workplace
accompanying terminology as well as key offerings
and competitors. If you know whos going to interview Use your extracurriculars wisely
you, do some research on that person as well. Im looking for someone who is more than good
at marketing. Im looking for a person with passion,
Role-play beforehand creativity, and fire in the belly. These marketing
Ask a marketing colleague to present you with a series insiders remarks echo sentiments shared by many
of personal questions and hypothetical marketing employers in the field. If all you did last summer was
scenarios. Many candidates make the mistake work on your tan, your interviewers dont want to
of preparing for scenarios but not for personal hear about itbut they might be interested to learn

Getting Hired
questions. But as in marketing goods and services, that you ran a marathon, learned to play the cello, or
marketing yourself to prospective employers means restored a 1968 Pontiac Firebird 400. If someone
coming up with a few concrete messages you want does interesting, creative, demanding activities
to leave with your target audience and identifying outside of work, that will feed the kinds of insights
the stories and examples that will drive them home they bring to the job, says one insider. Because
most effectively. Be sure your stories demonstrate marketing is in many ways about learning new things
your core skills (leadership, teamwork, analytical and seeing products from new perspectives, showing
skills, multitasking, creativity, people skills), but also your potential boss that you enjoy taking up new
highlight some unique qualities or experience that will challengeson and off the jobcould make you an
differentiate you (experience with a major competitor attractive candidate. Besides, it will make for more
REFERENCE

or internationally recognized brand, noteworthy meaningful lunchtime chatter.


FOR YOUR

successes, niche market expertise). After youve finished

WETFEET INSIDER GUIDE 71


At a glance
Careers in Marketing

Hold a fire sale.


> TIP Employers are looking for long-term value, not cheap
Because marketing is in many goods, so dont sell yourself short with a low salary just
ways about learning new things to get your foot in the door. Bargains give off the faint
and seeing products from new
perspectives, showing your potential
whiff of desperation, plus employers know if they take
boss that you enjoy taking up you up on your offer, you could come to resent them for
The Role

new challengeson and off the it later. Dont bring up pay until youve established your
jobcould make you an attractive worth to your prospective employer. Theyll be far more
candidate.
impressed with a campaign you initiated that netted
$2.5 million than a $20,000 cost savings on your salary.
Post on YouTube
Everybody wants Internet marketing experience. A Fawn.
good way to get it? Find an internship or job that Golly gee, youre just so honored to land an interview
offers meaningful online marketing experience such with such brilliant people. Thats all well and good
On the Job

as search marketing, viral campaigns, and social but check your urge to gush at the door. Collegial
networking. But if you dont have real experience, respect is a better building block for a solid, creative
insiders say can try to fake it by making a YouTube clip partnership than a bundle of warm fuzzies. These are
that reflects your understanding of viral marketing, marketers youre talking to; they deal with schmoozing
writing a current blog, or having a Facebook page with vendors and ad agency reps often enough that they can
links to your favorite marketing sites or admirable spot brown-nosing at 100 yards. Keep your dignity.
The Workplace

online campaigns. Show your passion for marketing


and your Internet savvy by using the very same media
that marketers are struggling to master. > TIP
If youre willing to accept a pay
Dont: cut from your current position or a
starting salary at the lower end of
Brag. the pay scale, you should make it
Selling yourself as the best hire youll ever make conditional on a quarterly or semi-
prompts skepticism in the job market, just as a hyped- annual review during which your pay
up claim about a product would in the consumer will be reassessed to more closely
reflect the value you bring to the
Getting Hired

goods marketplace. State your case, but dont overstate organization.


it. Be specific about the expertise you bring to the
table rather than offering generic and overblown
attributes. Being smart doesnt cut it anymore;
employers are looking for profitability and follow-
through, not merely big ideas.
REFERENCE
FOR YOUR

72 W E T F E E T I N SIDER GUIDE
At a glance
Getting How did you identify this opportunity, and how
did you marshal the resources necessary to act on it?

Grilled Hypothetical Questions


Hypothetical questions begin with How would
Your interview will likely include a variety of you or Imagine if you were to or What would

The Role
questions aimed at gauging your past and future you do if Your initiative, creativity, and ability
performance, so come equipped with at least ten stories to respond to the unknown are being tested here, so
demonstrating what a great team asset youve been you need to think fast to show how smart you can be
in the past, and what particular strengths and skills under pressure. Think logically, reason through your
you might bring to the company. By now you should response, and your interviewers will still be impressed
have researched the company insidethrough your even if they dont get the exact answer theyre looking
networking contactsand outfrom checking out for. Some examples:
stores, websites, advertising, publications, and events Imagine an ad agency is two weeks late delivering

On the Job
where the companys product is featured. This should creative. How would you get it to deliver quality
give you a pretty good idea of what the company wants work ASAP?
to hear, so tailor your stories and interview responses
to match. You should come prepared to handle each If you suspected a piece of market research was
of the following types of questions, molding your faulty, what would you do about it?
response to highlight your strengths.

The Workplace
If you were a marketer at this company, what new
Behavioral Questions product would you recommend we introduce to
Behavioral questions probe your past work behavior the market and why?
for an indication of what the company might expect
from you. In answering these questions, you should Case Questions
remember not to go on telling some long-winded story Case questions test your ability to analyze a problem
your cousin found hilarious but doesnt really highlight or opportunity, perform under pressure, make use of
your strengths. Cut to the chase, and use your story to appropriate resources, offer creative solutions, and
highlight your leadership, teamwork, strengths, skills, sell your ideas to your interviewer. Youll be given a

Getting Hired
and resourcefulness. Some examples of questions: series of facts, variables, and resources and be asked
to come up with an appropriate solution on the fly.
Can you tell me about a time when you were part This exercise will test your creativity. But before you
of a cross-functional team and how you dealt with come up with an ingenious answer, be sure youre
the range of skills and personalities around the solving the right problem; case questions can be tricky.
table. Who did you find the most difficult to get Restate what you heard and ask clarifying questions
along with? What about the easiest? to make sure you have the problem right. Then reason
aloud through your answer. In your analysis, be sure
Can you describe an instance when you had to to cover the four Ps (product, price, placement, and
juggle multiple brands at once? What challenges did promotion) and three Cs (competition, company, and
REFERENCE

this raise for you and how did you handle them? customer). If theres an equation involved, check your
FOR YOUR

math twice. This is where your presentation skills and


Can you give me an example of a time when you persuasive powers will come in handy. Remember:
took the initiative to seize a market opportunity? Youre a marketer, so its your job to sell to skeptics.

WETFEET INSIDER GUIDE 73


At a glance
Careers in Marketing

(If youd like more practice in this area, check out Generic Questions
WetFeets Ace Your Case series.) Your interviewers probably have things on their minds
You can expect case questions about: besides hiring you, so chances are theyll rely on a few
Market sizing: How many minivans are there stock questions to lighten their interviewing load. This
in the U.S.? is good news for you. These questions might seem
terribly obvious, but that makes them the easiest to
The Role

Business operations: A reliable vendor in Japan prepare for and mold to fit your strengths:
has just doubled its price for the paper you use Tell me about yourself.
for your packaging. You could use a Canadian
vendor, but there are issues with value-added tax What appeals to you most about this position?
and a secondary vendor they rely on for paper
pulp. What steps would you take to keep costs Why did you leave your previous job(s)?
under control and keep the supply chain as
streamlined as possible? What are your three greatest strengths and three
On the Job

greatest weaknesses?
Business strategy: Soda brand X has been one of
the top two brands in the U.S. for decades, and Whats one problem you wish you had handled
now the company is considering launching a new differently at your last job?
and improved formula for the brand. What steps
would you advise the company to take? How would you describe your management style?
The Workplace

Resume: I see that you used to work for a major What special skills can you bring to a cross-
financial services company. Pretend your small- functional team that already includes techies,
business loan program isnt attracting many new researchers, and R&D specialists?
customers in expanding Midwestern markets, even
though your pricing terms are essentially the same Can you tell me about a marketing project or
as those of your competitors, whose new-business campaign youre particularly proud of? What
account numbers skyrocketed last year. List about one youd rather forget?
options to improve the program without altering
Getting Hired

your pricing policies, and then prioritize those Where do you see our companys Brand X
ideas according to their relative cost effectiveness. heading in three years? What about the product
category as a whole?

Where do you see yourself in three years and how


do you plan to get there?

What kinds of people would you say you have


the easiest time working with? What about the
hardest?
REFERENCE
FOR YOUR

74 W E T F E E T I N SIDER GUIDE
At a glance
How do you usually handle pressure?

What special insights can you bring to the table


about Brand Xs target audience?

What do you think our company could learn

The Role
from its competitors about marketing Brand X
more effectively?

Can you tell me about a time you learned the


hard way how not to market a product or service?

Tell me about a time when you took a leadership


role on a project.

On the Job
What skills would you expect to hone further
in this position?

Why should I hire you?

The Workplace
On a Lighter Note:
Crazy Questions

Several insiders say to take them seriously,


they ask at least one or yet address them with
two oddball questions a sense of humor. They
during their interviews: are usually asked to
What kind of car do you test your creativity and

Getting Hired
drive and how do you find out how you well
drive it? If you were a you can think on your
breakfast cereal, what feet. Since most of
kind would you be? these questions dont
How do you pack your have a right or wrong
suitcase? Although answer, use them as
its hard to prepare an opportunity to take
for a question that is a breather and have
specifically designed a little fun during the
not to be prepared for, interview.
the best approach is
REFERENCE
FOR YOUR

WETFEET INSIDER GUIDE 75


For Your
Reference

6
Industry Jargon.............................. 78
Books............................................. 82
Newspapers and
Trade Publications......................... 83
Associations................................... 84
Online Resources........................... 85
At a glance
Careers in Marketing

Industry Bias for action


Marketers with a bias for action are inclined to swing

Jargon into action on campaigns rather than pore over market


research indefinitelya habit known as analysis
paralysis. Granted, market researchers must examine
Adoption curve/process the market, but they must know when to stop looking
The Role

Shows when consumers are most likely to become and start leaping.
receptive to a marketing message. Trendsetters come
first, early adopters follow, the early majority comes Brand extensions
next, the cautious late majority follow, and finally are New offerings that piggyback on the success of
the laggards, who prefer to keep on doing things the existing brands.
way they always have.
To visualize how this works, think of how Brand insistence
people responded to home computers: First came What every marketer hopes her product will inspire
On the Job

Silicon Valley engineering types, then scientifically in customers: such devotion to a product that the
inclined students and professors, then tech-savvy customer is willing to search for it if necessary.
businesspeople who increasingly relied on computers
at work, then the bulk of students and business people, Break-even analysis
then the bulk of computer users (including those who Determines if and when the company will be able to
were reluctant to give up their word processors), then cover its costs at a particular price given various sales
The Workplace

finally the people still wedded to their 1939 Smith volumes. Market researchers should expect to get
Corona typewriters. intimately familiar with this type of analysis.

AIDA Buy-in
This model describes effective promotion Youll need to secure this from the executive team to
as a four-step process: get the funds to pursue extensive market research,
1. Get the target consumers attention. new product ideas, brand extensions, and most other
marketing ideas. Beware of micromanaging execs;
2. Hold the target consumers interest. selling your ideas to these decision makers can take up
Getting Hired

more time than marketing to consumers and cause you


3. Arouse the target consumers desire. to miss opportunities.

4. Obtain the target consumers action. Cause marketing


Attaching a service or product to a social cause to
Bait pricing increase attention and respect. For example, Methods
Using a low price to lure a customer into a store, then cleaning products that are made with environmentally
pushing more expensive brands to the customer inside safe ingredients rely on cause marketing to distinguish
the store. This is whats happening when you find that them from similar products on the shelf.
MP3 player advertised on sale in the newspaper sitting
REFERENCE

on the shelf next to the new, deluxe model with a Cobranding


FOR YOUR

placard announcing its many attractive features. When two or more companies or entities team up
to offer products or services that bear both of their
brands simultaneously, such as Skippy and Smuckers

78 W E T F E E T I N SIDER GUIDE
At a glance
teaming up to create a swirled peanut-butter-and-jelly Dumping
spread, or products carrying the Good Housekeeping Selling a product overseas at a price below the cost of
Seal of Approval. production in that country, either to offload domestic
surplus or drive foreign competitors out of business.
Competitive advantage This practice is strictly forbidden under most trade
The magic mix of marketing strengths and product agreements, but it still happens.

The Role
attributes that allow a product to prevail over its
competitors in the marketplace. Early adopters
Consumers who follow the lead of trend instigators
Cross-functional team in adopting a marketing idea. This group typically
A marketing team at many companies consists not consists of opinion leaders whose positive opinion can
only of professionals with expertise in marketing influence their peers to adopt the idea, resulting in
and market research, but also in technology, R&D, early majority backing for a marketing concept.
finance, and sales. Effective marketers can speak the

On the Job
lingo of all these disciplines and can manage cross- EDLP and hi-lo
functional teams. Retailers usually fall into one of two categories:
Everyday low price stores offer low prices across the
CRM (Customer Relationship Management) board, while hi-lo retailers periodically run deals and
CRM consists of the entire interaction a company has discounts on their premium products.
with a consumer. CRM often refers specifically to the

The Workplace
software that is used to track customer purchases and Equilibrium point
preferences. An economic dream come true, this is the point at
which the quantity and price sellers are willing to offer
Differentiation are equal to the quantity and price buyers are willing
Highlighting the unique characteristics of a brand to pay. Once this point is reached, there will be no
to convince consumers to buy your product or seller surplus or unmet consumer demand.
service versus comparable ones. This requires careful
positioning plus a finesse in the financial services arena Fishbone diagram
in particular, where service offerings are often very A sketch that dissects a marketing problem and finds

Getting Hired
similar due to legal standards and interest rates set by out where a promising marketing campaign went
the government. wrong. If there are only one or two decisions out
of joint and you catch these early on, perhaps the
Direct marketing campaign can be salvaged.
The bread and butter of many marketersand the
bane of many consumers existence. This covers Flanker brands
marketing appeals delivered directly to the consumer Brands that protect the flanks of your flagship brand
by means other than face-to-face selling: direct mail, by covering a variety of alternative market niches and
telemarketing, and email blasts (spam). Opt-in price points. Keep in mind that you dont want to put
appeals targeted to consumers who sign up to receive your brands in direct competition with one another.
REFERENCE

such solicitations tend to yield a higher return on For example, when Gap launched the successful,
FOR YOUR

investment than mass direct marketing appeals. lower-priced Old Navy and took the Gap upscale,
its premium Banana Republic brand began to suffer.
Flanker brands should complement, not compete.

WETFEET INSIDER GUIDE 79


At a glance
Careers in Marketing

Flexible pricing Iceberg principle


Selling the same products or services to different According to this principle, key marketing information
customers at different prices, as when premium items is often hidden in the summary data. This is market
are sold at lower prices in developing overseas markets, researchers comeback to marketers with a bias for
or branded goods sell at different prices at department action who are inclined to gloss over research findings
stores, discount chain stores, and online. Proceed with in their hurry to initiate a campaign.
The Role

caution: Selectively lower prices can cause a luxury


brand to lose its cachet, and online discounts can drive Ideate/ideation
customers away from stores that feature your entire Other ways to say brainstorming.
product line. Flexible pricing is sometimes a matter
of ethics and necessity in the pharmaceutical industry, Institutional advertising
which has been successfully pressured by governments Sales pitches focused on selling consumers on the
and activists to lower prices for retroviral drugs in organization and its reputation, rather than a specific
developing countries. product or service. Marketers often shy away from this
On the Job

promotional approach because its more difficult to show


FMCG bottom-line impact of a campaign aimed at winning
Fast-moving consumer goods, including packaged consumer admiration instead of consumer dollars. Might be
foods or toiletries. used when first entering a marketplace or after a scandal.

Focus group Market maturity


The Workplace

A group of usually six to ten people (typically paid The point at which sales for a particular product or
for their participation) representing potential markets service begin to level off, such as when a product or
for your branded product or service and whom you service is not so new.
interview to tease out potential market opportunities
and solicit feedback to your marketing ideas. This is Market position
qualitative research, and the ideas explored in them The assessment of a brands strength, typically
are often subject to further testing with quantitative calculated by multiplying market share by mind share.
studies, such as surveys, for their broad applicability
to the market. Market segmentation
Getting Hired

Identifies likely consumers for a particular product


FSI or service and groups these consumers according
Freestanding inserts in newspapers that offer coupons to similar characteristics or behavior patterns. This
and fill recycling bins across America. The average process helps identify the right marketing mix to
redemption on FSI coupons is only 2 percent, but appeal to the target markets for a product or service.
they can drive sales on many brands and deliver a
return rate twice as high as the most successful Web Market share
banner advertising. A companys sales volume as a percentage of total sales
volume for the market it competes in.
GRPs
REFERENCE

Gross rating points, which measure advertising impact. Mindshare


FOR YOUR

An attempt to quantify how likely consumers are to


think of your company and brand as opposed to those
of your competitors.

80 W E T F E E T I N SIDER GUIDE
At a glance
Niche marketing Push/pull
Marketing that is carefully targeted at a very specific Push is the extent to which you drive consumer choices
demographic, such as 35- to 42-year-old stay-at-home by advertising and other unsolicited promotions. Pull
soccer moms of preteen suburban girls whose family is the way you appeal to consumers to engage with
income is more than $100,000. you and entice them to register on your website, sign
up for promotional newsletters and mailings, and

The Role
Nielsen and IRI (Information participate in promotional events.
Resources Inc.)
Research firms that track store sales, television Qualitative market research
viewership, and many other vital statistics for Exploratory research that poses open-ended questions
marketers. Nielsen and IRI sales database information to consumers to uncover market opportunities and
is typically updated on a weekly or monthly basis provide insights about possible product features and
as new scanner data is processed, while the famous marketing approaches. Think focus groups and essay
Nielsen television ratings are available weekly so questions, not yes/no or multiple-choice surveys.

On the Job
that marketers can adjust media buys (purchases of
advertising time). Quantitative market research
Structured research that seeks solid, generalizable
Nonprice competition answers to specific questions that can be expressed in
Using placement, packaging, or promotion to sell a numbers, ratios, averages, means, and percentages,
product to consumers instead of trying to win them such as, 91 percent of the survey sample of 5,000

The Workplace
over with a lower price than competitors. ketchup consumers strongly preferred red ketchup to
green ketchup.
Positioning
A catch-all term that describes your efforts to make Reach vs frequency
a brand seem unique and the most desirable choice The classic advertising tradeoff: Either you appeal
among products or services in its category for your to a broad audience a few times (think ads made
target market. Your positioning strategy will range especially for the Super Bowl) or reach a few people
from PR and advertising to product features, pricing, very frequently (for example, a banner ad in a daily
and packaging. legal brief email newsletter aimed at intellectual

Getting Hired
property lawyers).
Product seeding
Putting your product in the hands of influential Rebranding
individualstypically through the distribution of free Revamping a brand after an earlier branding attempt
samplesto generate buzz. fell short of expectations, the demographics of the
market for the brand have shifted, or a significant
Psychographics change in the brand took place.
Also known as lifestyle analysis or AIOs, which stands
for consumer Activities, Interests, and Opinions. This Research proposal
is the kind of soft, often speculative social science that A document outlining what kind of market
REFERENCE

makes market researchers roll their eyes if not executed information will be sought and the methods by which
FOR YOUR

carefully and supported with actual data. this data will be obtained.

WETFEET INSIDER GUIDE 81


At a glance
Careers in Marketing

Response rate Value added


The number of people in a research sample who Any benefit a product or service provides that causes it
respond to a questionnaire or survey. to be worth more. For example, a sandwich purchased
at a nearby fast-food stand costs much more than
Return on investment (ROI) its ingredients because of the value added by the
Ratio of after-tax profits to the investments made to convenience of having the food prepared and readily
The Role

gain that profit, including marketing expenses. Keep available during the lunch hour.
your attention focused on delivering an ROI, not just
high profits; you need to keep your costs under control Volume
even as you drive up profits. Sales volume is usually the first place execs look for
marketing wins. It will be your job to redirect their
Secondary data attention to ROI so they can see the potential in
Research thats already available on a specific topic. smaller brands that are doing well and hear your
A smart market researcher knows the first step in any argument about why some of the capital dedicated to
On the Job

market research is to find out what information is already high-volume, low-return behemoth brands should be
available, saving time and money in data collection. distributed to other brands.

SKU (stock-keeping unit)


Pronounced skew, this is a number assigned
individually to all CPGs. Each individual package size
Books
The Workplace

and/or product variety is considered a separate SKU, From WetFeet


which you can track through research services like The following WetFeet titles are all available online
Nielsen and IRI. at http://www.wetfeet.com. See the last two pages
of this Insider Guide for a complete list of WetFeet
Slotting Insider Guides.
The price paid to the trade to slot your product into a space
on the shelf, which is no small matterslotting fees are still a Careers in Brand Management
significant cost of doing business for CPG companies. Interested in learning more about how to put your
marketing skills to work in the competitive field of
Getting Hired

Social network marketing brand management? Check out Careers in Brand


What happens when a friend eats a great meal at a Management to explore:
restaurant and then tells her husband, who tells his What makes a brand and, more important,
friends, who decide to go try it for lunch. Its basically what makes a brand successful
word of mouth, but marketers have given it a fancy
name because its much more important now thanks The latest industry trends and their effects
to blogs, MySpace, and other online mediums that let on the workplace
one person share an experience with a brand. Industry rankings and profiles of 16 major
players, including their flagship brands
The trade
REFERENCE

In the consumer packaged goods (CPG) world, this is Detailed descriptions of career paths from
FOR YOUR

the slang term for the retailers and vendors who sell your people currently working in the field
products. These are the people youll need to cozy up to if
you want to ensure prime placement for your products.

82 W E T F E E T I N SIDER GUIDE
At a glance
What to expect in terms of salary, benefits, perks, The End of Advertising as We Know It
and company culture Former Coca-Cola CEO Sergio Zyman contends that
the reign of the television and radio spot is over, and
Interviewing tips and examples of pointed sales must now be cinched by a complex marketing
questions to ask your interviewer mix of branding, packaging, celebrity spokespeople,
sponsorships, publicity, and customer service.

The Role
Networking Works! Sergio Zyman and Armin Brott (Wiley, 2003)
Most job vacancies are filled well before a job opening
is ever posted publicly. How do people learn about Blink: The Power of Thinking
these hidden opportunities? Networking! This book Without Thinking
from the career experts at WetFeet will show you how A fascinating look at how we make snap judgments
to network effectively, even if you dont know where from the New Yorker columnist who also wrote The
to start. Learn to tap into and expand your existing Tipping Point; both books are key reading for any
network (yes, you do have one), read about alternative budding marketer.

On the Job
means of networking using online and community Malcolm Gladwell (Little, Brown, 2005)
resources, and master the subtle art of small talk all
while advancing your professional development. The New Influencers: A Marketers Guide
to the New Social Media
Ace Your Interview! Chock-full of real world examples, this book offers advice
Learn what employers are looking for in an interview and on how to use online social networking to gain consumer

The Workplace
how to give it to them, from key pre-interview research attention and trust. Its a solid introduction that could fill
to interview prep for commonly asked questions and in some experience blanks for job hunters who havent
curve balls to effective follow-up strategies. had experience using social networking technology.
Paul Gillin (Quill Driver, 2007)
Other Helpful Books for
Budding Marketers
Newspapers
The 22 Immutable Laws of Marketing
Rules were made to be broken. But to break them, you and Trade
Publications
Getting Hired
have to know what they are first. This book offers a
good foundation from which to start hacking away.
Al Ries and Jack Trout (Harper Collins, 1994)
Brandweek
Provides key industry statistics, including industry
Positioning: The Battle for Your Mind rankings, media expenditures, sales data, and
This update to a classic text explains the key business category analysis as well as breaking news in brand
and marketing strategies needed to lodge your product management, background on culture trends (box office
or service in the minds of customers, winning valuable grosses, music sales, etc.), and coverage of current
mindshare in the race against competitors. marketing trends. Premium content, such as Career
REFERENCE

Network Services and Superbrands Top Brand


FOR YOUR

Al Ries and Jack Trout (McGraw-Hill Trade, 2000)


listings, is available with a paid subscription.
In print or online at http://www.brandweek.com

WETFEET INSIDER GUIDE 83


At a glance
Careers in Marketing

Advertising Age
Reports on industry news, research, and trends. It
often spotlights innovative campaigns. Signing up
Associations
for the weekly e-newsletter will keep you up-to-date American Marketing Association
on the latest news and give you ample examples of Offers an impressive range of guides, webcasts with
industry trends to cite in interviews. marketing experts, and practical, informative articles free
The Role

In print and online at http://www.adage.com to nonmembers. The AMAs site includes substantial
career tips and need-to-know marketing information on
Adweek such subjects as CRM, target audience segmentation,
Offers breaking advertising industry news, creative and translating market research findings into business
coverage, and culture trend information. A sister action plans. The AMA publishes Marketing News, a
publication to Brandweek, Adweek reports rankings widely referenced publication covering the latest career
of agencies by region and nationwide for the U.S., and industry trends; subscriptions are free for members.
rankings for interactive and direct response agencies, Members can also elect to receive Marketing Matters, the
On the Job

and listings of top online and magazine advertisers. AMAs e-newsletter on the state of the industry.
Premium content (accessed only by paid subscription) http://www.marketingpower.com
includes Career Network Services, Premium Classifieds,
Agency Report Cards, and Accounts in Review. Market Research Association
In print and online at http://www.adweek.com Most of the detailed job descriptions, career-building
articles, salary links, and industry insights on the
The Workplace

The New York Times MRAs website are available to members only. MRA
Covers Madison Avenue and other business and publishes Alert!, described as a monthly magazine
marketing trends in print and online. The website with 40 pages of information on the opinion and
offers free content and services of interest to marketers marketing research profession, and a membership
and job seekers, including free subscriptions to roster called the Connector. These are free to members
advertising columnist Stuart Elliotts In Advertising (and for sale to nonmembers on the MRA website).
weekly e-newsletter. For an overview of entry-level http://www.mra-net.org
positions currently available in the field, use the quick
search feature in the jobs section. The Qualitative Research Consultants
Getting Hired

In print and online at http://www.nytimes.com/pages/business/media Association


An association for market researchers who cant get
enough of dyads, triads, focus groups, and in-depth
research. Includes helpful definitions for key types of
qualitative research specialties, and consultant listings
around the country.
http://www.qrca.org

The Web Video Marketing Council


Founded in 2007, the WVMC maintains a useful site
REFERENCE

for finding the latest trends and research in Web video


FOR YOUR

marketing. Its a great site to stop by to find examples


of successful campaigns.
http://www.webvideomarketing.org

84 W E T F E E T I N SIDER GUIDE
At a glance
Online
Resources
MarketingJobs.com Knowledge@Wharton

The Role
This site has current salary listings for a wide variety An online resource for competitive intelligence in
of job titles, cross-referenced with years of experience business and marketing, affiliated with the prestigious
and geographic region and accompanied by useful job Wharton School of Business at the University of
descriptions. Basic searches for salary by job title and Pennsylvania. Articles and white papers cover current
geographic region are free, but fee-based premium marketing and business trends, relevant business and
searches also take into consideration your experience, academic research findings, interviews with industry
performance, level of responsibility, and education leaders, conference and seminar reports, and book
as well as company size, location, and industry. Also reviews. Select the marketing tab to access marketing

On the Job
features listings of jobs in the industry. resources, including articles and links to credible
marketing resources. Subscriptions to free, biweekly
The Wall Street Journals updates are available by clicking on the sign up tab.
CareerJournal.com The site also offers a searchable database of articles and
Provides industry insight, salary surveys, and career- research abstracts, but one word of caution: This site
search advice to marketing job seekers. Review can be slow to process requests.

The Workplace
job openings by title, industry sector (including knowledge.wharton.upenn.edu
nonprofits, high-tech, service marketing, and CPG)
or by region in the U.S., Europe, or Asia. Use the MIT Advertising Lab
Salary and Hiring Info tab to calculate pay for your Sometimes irreverent, usually unorthodox, this blog
target position by title and region. Although much of from the advertising brainiacs at the Massachusetts
the content is geared toward managers and executives, Institute of Technologys Media Lab offers critical and
advice, hiring trends, and data are available for recent often humorous insights into cutting-edge marketing
college graduates, MBAs, and aspiring entrepreneurs. trends. A useful website for finding out the latest
strategies, tools, and thinking in advertising.

Getting Hired
adverlab.blogspot.com

REFERENCE
FOR YOUR

WETFEET INSIDER GUIDE 85


At a glance
Careers in Marketing

WETFEET INSIDER GUIDES series


Ace Your Case - Consulting Interviews Consulting Careers
Ace Your Case I: Consulting Interviews, 3rd ed. 25 Top Consulting Firms
Ace Your Case II: Mastering the Case Interview Careers in Management Consulting
Ace Your Case III: Market-Sizing Questions Careers in Specialized Consulting: Information Technology
The Role

Ace Your Case IV: Business Operations Questions Consulting for PhDs, Lawyers, and Doctors
Ace Your Case V: Business Strategy Questions
Consulting Companies
Interviewing Accenture
Ace Your Interview! Bain & Company
Beat the Street I: Investment Banking Interviews Booz Allen Hamilton
Beat the Street II: I-Banking Interview Practice Guide Boston Consulting Group
The Wharton MBA Case Interview Study Guide: Volume I Deloitte Consulting
The Wharton MBA Case Interview Study Guide: Volume II McKinsey & Company
On the Job

Resumes & Cover Letters Career Management


Killer Consulting Resumes Be Your Own Boss
Killer Cover Letters & Resumes Changing Course, Changing Careers
Killer Investment Banking Resumes Finding the Right Career Path
Negotiating Your Salary and Perks
Job Hunting Networking Works!
Getting Your Ideal Internship
The Workplace

The International MBA Students Guide to the U.S. Job Search Industries and Careers: General
Job Hunting A to Z: Landing the Job You Want Industries and Careers for Engineers
Job Hunting in New York City Industries and Careers for MBAs
Job Hunting in San Francisco Industries and Careers for Undergraduates
Million-Dollar Careers
Financial Services Careers
25 Top Financial Services Firms Industries and Careers: Specific
Careers in Accounting Careers in Advertising and Public Relations
Careers in Asset Management and Retail Brokerage Careers in Pharmaceuticals
Careers in Investment Banking Careers in Brand Management
Careers in Venture Capital Careers in Consumer Products
Getting Hired

Careers in Entertainment and Sports


Financial Services Companies Careers in Health Care
Deutsche Bank Careers in Human Resources
Goldman Sachs Group Careers in Information Technology
JPMorgan Chase & Co. Careers in Marketing
Merrill Lynch & Co. Careers in Nonprofits and Government Agencies
Morgan Stanley Careers in Real Estate
UBS AG Careers in Retail
Careers in Sales
Careers in Supply Chain Management
REFERENCE
FOR YOUR

86 W E T F E E T I N SIDER GUIDE
>>If your creative genius is matched
by your analytical acumen, you may
find that a career in marketing offers
a worthy challenge. The uninitiated may equate marketing with
peddling household products, but professional marketers know
that their roles are far more complex and engaging than that. They
help their organizations anticipate the publics needs and position

Illustration by mckibillo
them to satisfy those needs. Marketing is the essential link between
an organization and its target audience. Think youre up for the
challenge? If so, read on.

Turn to this WetFeet


Insider Guide to LEARN
THE CURRENT HIRING CLIMATE AND TYPICAL WHAT MARKETING ASSOCIATES, BRAND AND
CAREER PATHS FOR MARKETING PROFESSIONALS. PRODUCT MANAGERS, MARKETING DIRECTORS,
MARKET RESEARCHERS, MARKETING
WHICH INDUSTRIES OFFER THE MOST CONSULTANTS, AND CREATIVE SPECIALISTS
PROMISING OPPORTUNITIES FOR MARKETING REALLY DO.
CANDIDATES.
THE LIFESTYLE, HOURS, AND COMPENSATION
RECENT TRENDS IN THE FIELD AND THEIR YOU CAN EXPECT FROM A CAREER IN THIS
POTENTIAL IMPACT ON JOB SEEKERS. FIELD.

WHAT YOU SHOULD DO TO GET NOTICED AND


WORK YOUR CONNECTIONS.

WetFeet has earned a strong reputation among college


graduates and career professionals for its series of highly
credible, no-holds-barred Insider Guides. WetFeets inves-
tigative writers get behind the annual reports and corporate
PR to tell the real story of what its like to work at specific
companies and in different industries. www.WetFeet.com

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