If you are interested in a career in marketing within Tennessee choose
from the resources below.
|What is the Industry like in Tennessee?|
|What are the Major Firms?|
|What are Salaries like in Tennessee?|
|What School Programs are Available?|
Tennessee Marketing Job Industry
Marketing careers in Tennessee benefit from an enormously productive economy. The economic engine of Tennessee is the 18th largest in the union and is experiencing immense growth. According to the U.S. Bureau of Economic Analysis, Tennessee’s gross state product grew 3.5% between 2010 and 2011, making Tennessee’s economy the 14th fastest growing economy in the country. Tennessee jumped from 41st in entrepreneurial activity in 2007to 15th in 2010.
The marketing sector in Tennessee is large and poised for rapid expansion. According to the U.S. Bureau of Labor Statistics, Tennessee businesses employed 3,600 marketing managers in 2008, and this number is expected to grow by 5% to 3,790 by 2018. Annually, 20 new marketing manager positions will be created and another 80 will open up due to attrition.
|Tennessee Job Statistics|
Non-managerial positions in marketing will grow at an even faster pace. Market research analysts numbered 2,160 in 2008, and are projected to grow to 2,540 by 2018. Forty new market research analyst positions are expected to be created annually while 60 will become available due to attrition.
Much of Tennessee’s resurgence after the recession is attributable to the presence of large corporations. With a low tax burden and numerous business incentives Tennessee has attracted nine Fortune 500 companies: Fedex, HCA Holdings, International Paper, Dollar General, Community Health Systems, Unum Group, Autozone, Eastman Chemical, and Vanguard Health Systems. The high concentration of industry-leading companies speaks to the health of Tennessee’s economy and the potential for growth in a number of business sectors, especially marketing.
Tennessee’s manufacturing workforce and heritage has also attracted a number of important foreign investors that are heavily dependent on local marketing companies. Tennessee ranks 16th in foreign exports and has drawn $23.6 billion in foreign investment. Computer and electronic products constitute 23% of Tennessee’s exports, while 18% are transportation equipment. Tennessee is a leader in automotive production and is the home to the North American headquarters of Nissan, the Volkswagen Chattanooga Assembly Plant and a GM re-tooling of a Saturn production plant.
Nashville is a major music industry center, with $6.4 billion in revenues derived from muscial endeavors and over 19,000 residents employed in the industry. All of the Big Four music labels have a strong presence there and utilize marketing firms in the area. However, health care, which provides $18.3 billion in revenue per year and 94,000 jobs, is the city’s largest business sector. Policom, an economic analytic, ranked Nashville as the 4th strongest metropolitan economy in the country in 2012.
Marketing Firms in Tennessee
Many of Tennessee’s leading marketing firms have undergone enormous growth in the recent past and indicate that the marketing field is a dynamic one.
- Centresource Interactive Agency of Nashville earned $2.1 million in 2010, a 93% increase from 2007
- Lostudio of Nashville earned $21.1 million in 2010, an increase of 175% from 2007
- Paramore-Redd Online Marketing of Nashville earned $4.4 million in 2010, an increase of 70% from 2007
- Parthenon Publishing of Nashville earned $3.6 million in 2010, an increase of 27% from 2007
- RedPepper of Nashville earned $4.2 million in 2010, an increase of 16% from 2007
- The ADAM Group of Franklin earned $6.1 million in 2010, an increase of 29% from 2007
- Knoxville Marketing Association
- Nashville American Marketing Association
- Society for Marketing Professional Services, Nashville
- American Advertising Federation, Nashville
Marketing Salaries in Tennessee
Marketing managers in Tennessee earned on average $97,320 in 2011. Market research analysts and marketing specialists drew an annual salary of $55,690 on average.
Advertising and Promotions Manager Salary
During 2011, there were 720 advertising and promotions managers employed throughout Tennessee, most of which were employed in the Nashville, Murfreesboro, and Franklin areas.
Their average statewide salary was $71,200. Managers in the top ten percent, however, earned nearly 46% more at $130,680 on average.
Market Research Analyst Salary
During 2011, there were 3,800 market research analysts and marketing specialists employed throughout Tennessee, most of which were employed in Nashville, Davidson, Murfreesboro, and Franklin. Their average salary statewide was $55,690. Those in the top ten percent averaged $95,010, which was 41% higher than the baseline state average.
Marketing Managers Salary
During 2011, there were 3,270 marketing managers employed throughout Tennessee. The majority were employed in Murfreesboro, Nashville, Franklin, and Davidson. Their average salary was $97,320. Those in the top ten percent averaged $176,190, which was nearly 45% above than the baseline average throughout the state.
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 Tennessee
There are 41 four-year universities in Tennessee and 13 two-year universities. All of these institutions provide at least an Associate’s degree in a marketing related field.
Marketing manager applicants require at least a Bachelor’s degree and one to five years of work experience for serious consideration. Market research analyst and marketing specialist positions require at least a Bachelor’s degree and give preference to applicants with a Master’s degree.
Among the great public and private colleges in Tennessee are many online and campus-based schools offering marketing programs. Here is a list of a few that might meet your educational criteria in Tennessee: