plan, direct, or coordinate marketing policies and programs, such as determining the demand for products and services offered by a firm and its competitors, and identify potential customers. Develop pricing strategies with the goal of maximizing the firm’s profits or share of the market while ensuring the firm’s customers are satisfied. Oversee product development or monitor trends that indicate the need for new products and services.
How Much Do Marketing Managers Make In 2020
Annual Salary, Salary Range, and Highest Paying States.
One of the most popular questions we get from our readers here is how much do Marketing Managers make per year and their hourly wage.
Entry-level Marketing Managers with little to no experience can expect to make anywhere between $69840 to $95770 per year or $34 to $46 per hour.
Just like any other job, the salary of a Marketing Manager will increase as they become more experienced.
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We wanted to make it easy for our readers to compare the salary of a Marketing Manager to all the other careers out there. So we created Salary Rank. We compare the salary of all careers then we give them a rank of A, B, C or D depending on where their average salary sits in comparison to other careers.
After comparing how much do Marketing Managers make with other careers, they have a salary rank of A.
|Highest (Top 10%)||Over $100||Over $200,000|
|Senior (Top 25%)||$87||$181780|
|Middle (Mid 50%)||$65||$134290|
|Junior (Bottom 25%)||$46||$95770|
|No experience (Bottom 10%)||$34||$69840|
Highest paying states
|NY||$ 90||$ 187,860|
|NJ||$ 85||$ 177,330|
|VA||$ 83||$ 171,870|
|CO||$ 82||$ 169,630|
|CA||$ 81||$ 167,910|
|DC||$ 80||$ 165,640|
|DE||$ 78||$ 163,090|
|RI||$ 77||$ 159,400|
|WA||$ 75||$ 155,580|
|AR||$ 75||$ 155,020|
Another simple way to increase your salary as a Marketing Manager is to move to a higher paying state. However moving to a higher paying state like NY doesn’t guarantee that you will make more because the expenses at NY might be much higher than where you are currently living at right now.
According to BLS, the highest paid Marketing Managers are in the states of NY, NJ, VA, CO and CA.
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