How is advertising sector for an MBA-Mkt
(remuneration.…job opportunities……stress....... scope etc ) in comparison to other popular sectors ??????
Career in ADVERTISING ?????
According to the Bureau of Labor Statistics, over 250,000 people work in the advertising industry. This number is expected to grown due to two important trends. First is the megamergers among advertising agencies. This trend has been fueled by agencies' desire to increase market share by offering more services such as sophisticated market research, media buying, and in-house production facilities to clients. The second trend has been spurred by an increase in international businesses and global marketing. Agencies are moving quickly to set-up international subsidiaries to assist clients who have gone global.
Tomorrow's job applicants face a more stable environment but a highly competitive market. U.S. Department of Labor projections for the year 2000 suggest a growth of over 30% for marketing research analysts, advertising managers, and visual artists. Nevertheless, employers will continue to be highly selective. The most motivated, energetic, well-organized candidates with top-notch analytic and communication skills will land the best jobs.
Where to Find a Job
Advertising professionals find jobs in advertising agencies, in-house advertising agencies or departments of large companies, or with mass media as advertising sales representatives. Normally advertising agencies are divided into four departments: account services, media, research, and creative.
Careers in Advertising Agencies
Account Services Department:
positions in account services: assistant account executive, account executive, senior account executive,
accounts supervisor/accounts manager
salary range for assistant account executives is $20,000-$40,000
directs contact with the client; acts as liaison between art department, production department, and client
represents client's needs to art and production departments
provides interpretation support to client at presentations
responsible for seeing that the client's needs are met accurately and on time, which calls for closely
following the in-house progress of the campaign
Account Services Department-Traffic:
positions in traffic: account coordinator/traffic manager
salary range for traffic manager is $18,000-$20,000
coordinates all the jobs in progress and monitors their status to ensure that production remains
on schedules and deadlines are met
works with all departments throughout the advertising campaign
Media Services Department:
positions in media: assistant media planner, media planner, media director, media manager
salary range for assistant media planner is $15,000-$25,000
applies statistical models to audience, circulation, and cost figures to minimize media cost and
maximize media effectiveness
manages the purchase and control of large blocks of media time/space, whether in print or broadcast
recommends and allocates this space among clients according to campaign requirements
negotiates favorable billing terms for large, repeat, and/or guaranteed space purchases, which
translates into more cost-effectiveness for clients and agency
Research Department:
positions in research: research project director, research account executive, associate research
director, advertising research director, research department manager
salary range for research project director is $30,000-$55,000
expert in statistical applications, mathematical modeling, project design, and methodology
works with and often obtains outside services
monitors project to ensure accuracy and validity of findings, which are then reported and presented
to the client
Creative Department-Art Direction:
positions in art direction: assistant art director, junior art director, art director, senior art director
salary range for assistant art director is $14,000-$18,000
requires knowledge of advertising trends and strong visual communication skills
develops and recommends artistic strategy and rendition for client campaign, often presenting
several for client approval
generates creative content for both print and broadcast
often works with copywriter as a team to brainstorm visual and verbal content
oversees progression of campaign from rough sketches through final production
Creative Department-Copywriting:
positions in copywriting: junior copywriter, copywriter, senior copywriter, copy chief
salary range for junior copywriter is $14,000-$18,000
responsible for writing ad and promotional copy and developing concepts for campaigns
often works with art director as a team to brainstorm visual and verbal content
requires knowledge of advertising trends and a strong writing ability
Creative Department-Production:
positions in production: layout worker, graphic artist, production manager
artists and layout workers create the visual impact of the ad by selecting photographs, drawing
illustrations, choosing print size and type, and sketching scenes for commercials to go with the copy
design packages and create logos, trademarks and symbols
production manager oversees the actual printing of ads, filming of commercials, or recording of radio spots
There are a number of new departments that are being created within agencies to cover many new types of media. They include:
Specialty Advertising Department:
recommends and obtains imprinted merchandise appropriate to client campaign
develops strategy and recommends items to be used
obtains sources and monitors production to ensure timely arrival
Internet Advertising Department:
develops visual and written content for client web pages, and/or on-line advertisements
develops strategy for on-line promotions and web page development
monitors web site and on-line traffic
Outdoor Advertising Department:
develops content for outdoor/transit advertisements in adherence to client's strategy
obtains sources for production and monitors progress
Direct Response Advertising Department:
develops content for direct response advertisements, such as direct mail and infomercials,
in adherence to client's strategy
obtains consumer information lists from client and/or outside sources
monitors progress of direct response efforts
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