If you are interested in a career in marketing within Missouri choose
from the resources below.
|What is the Industry like in Missouri?|
|What are the Major Firms?|
|What are Salaries like in Missouri?|
|What School Programs are Available?|
Missouri Marketing Job Industry
Like many Southern states, Missouri was hard hit by the recession, but its precipitous drop in unemployment, strong recovery in manufacturing and diversified economy make Missouri an ideal destination for marketing professionals. Although there is a large marketing workforce in Missouri, this sector is expected to grow at a frantic pace in coming years.
Management positions will experience strong, steady growth through 2018. The 2,700 employed marketing managers in 2008 will add 120 new positions by 2018, a 4% expansion. Public relations managers totaled 1,320 in 2008 and will add 8% or 110 positions to 1,440 by 2018.
|Missouri Job Statistics|
Non-executive positions in marketing are expected to grow at a much more rapid rate. An estimated 15% or 1,060 more positions will be added, by 2018, to the 6,800 public relations specialists in 2008. Market research analysts and marketing specialists numbered 3,770 in 2008, and this number is projected to grow to 4,430 by 2018. This constitutes a 17% increase in this occupation, far exceeding the general Missouri workforce expansion.
Missouri’s economy remains one of the most diversified in the country, providing ample marketing opportunities in a variety of business sectors. Manufacturing is the fastest growing sector and is powering the economic recovery in the state. According to the Missouri Department of Economic Development (DED), manufacturing output in 2011 was $31.9 billion or 12.8% of the total economic output of the state. Health care generated $22.5 billion in 2011 and constituted 9.0% of the Missouri economy. Finance and insurance, and retail trade were the next largest industries, each generating about 6.6% of the economic output or $16.5 billion.
Missouri’s economy will continue to gain strength in coming years. Chase Bank predicts the Missouri economy will grow by 1.4% in 2012, 2.5% in 2013, and 3.0% in 2014. Much of this growth can be attributed to a growing number of exports. According to the U.S. Census Burean, Missouri’s $14.1 billion in 2011 exports constituted a 9% increase over 2010. The strength of Missouri’s international trade, especially with Canada, Mexico and China, will afford many marketing opportunities.
Missouri’s economic good health has already attracted many of the largest companies in the country to headquarter here. Ten Fortune 500 companies make Missouri their home, including Monsanto, Reinsurance Group of America, and Charter Communications.
St. Louis has the 21st largest metropolitan economy in the U.S. with a gross metropolitan product of $133.1 billion in 2011. Nine of the ten Fortune 500 companies found in the state are located in the St. Louis metropolitan area. Manufacturing generated $11 billion in business, followed by healthcare with $3.5 billion, professional or technical services with $3.1 billion, and retail trade with $2.5 billion.
Marketing Firms in Missouri
Missouri is a well established center for marketing businesses, including some of the largest marketing firms in the U.S. like Aspen Marketing Services. Missouri is also a hotbed for vibrant newcomers who are expanding rapidly.
- Marlin Network of Springfield earned $8.9 million in 2010, a 52% increase from 2007
- Meers Advertising of Kansas City earned $2.9 million in 2010, a 195% increase from 2007
- True Media of Columbia earned $18 million in 2010, a 120% increase from 2007
- American Marketing Association, St. Louis
- American Marketing Association, Kansas City
- Kansas City Direct Marketing Association
- Business Marketing Association, Kansas City
- Business Marketing Association, St. Louis
- Society for Marketing Professional Services, Kansas City
- Society for Marketing Professional Services, St. Louis
Marketing Salaries in Missouri
Missouri marketing managers earned on average $108,900 in 2010. Market research analysts received on average $64,860 in annual salary. These figures should be weighted more heavily in the light of Missouri’s extremely low cost of living. According to the Missouri Department of Economic Development, Missouri ranks 9th in states with lowest cost of living.
Advertising and Promotions Manager Salary
As of 2011, a total of 480 advertising and promotions managers were working in Missouri, many of which were located in Kansas City. The average statewide salary among them was found to be $85,240. Those in the top ten percent were reported to earn $44,260 more at $129,500 on average.
Market Research Analyst Salary
As of 2011, a total of 4,550 market research analysts and marketing specialists were working in Missouri, many of which were employed in the Kansas City area. The average statewide salary among them was $64,860. Those in the top ten percent earned $46,720 more at $111,580 on average.
Marketing Managers Salary
As of 2011, a total of 2,740 marketing managers were working in Missouri, many of which held employment in St. Louis. The average statewide salary among them was $108,900. Those in the top ten percent earned $70,280 more at $179,180 on average.
These tables provide salary and employment information compiled by the US Department of Labor’s Bureau of Labor Statistics in May 2011. The data contained herein does not include self-employed marketing professionals.
* These figures represent earnings that are at or above $90.00 per hour or $187,199 per year. The Bureau of Labor Statistics does not publish earnings beyond $90.00 hourly or $187,199 yearly.
Marketing Degrees in Missouri
Missouri is home to 205 universities, of which 44 only offer Associate’s degrees. Thirty three schools offer only Baccalaureate degree programs and 28 possess degree programs up to the Master’s level. Twenty seven universities possess doctoral level programs.
Managerial positions in marketing require at least a Bachelor’s degree and some marketing related work experience. Non-managerial positions typically require at least a Bachelor’s degree in a marketing related field.
Among the great public and private colleges in Missouri are many online and campus-based schools offering marketing programs. Here is a list of a few that might meet your educational criteria in Missouri: