Marketing Management: What Is It and Why Does It Matter?

Written by Coursera Staff • Updated on

Learn more about marketing management and key careers you can pursue if you’re interested in advancing your marketing career.

[Featured image] A marketing management team reviews metrics on a screen and discusses marketing strategies in a conference room.

Key takeaways

  • Marketing management is a broad concept that describes the overall approach to managing a company's marketing activities. It's a framework that guides marketing activities.

  • Working in marketing management involves overseeing a company’s various marketing efforts, including developing a marketing plan and ensuring its successful execution.

  • This career path tends to pay well and have strong growth opportunities.

Discover what it takes to work in marketing management, why this focus is important for a company to be successful, and the possible career paths you can explore. Afterward, develop important skills, such as data analytics, with the Meta Marketing Analytics Professional Certificate.

What is marketing management?

Marketing management is the process of planning, organizing, and implementing marketing activities within an organization to achieve business objectives around revenue, engagement, and brand visibility. It encompasses the strategic oversight of all marketing functions, including market research, product development, pricing strategies, promotional activities, and distribution channels.

Working in marketing management often involves developing a company’s marketing plan and ensuring that teams successfully execute various marketing strategies and campaigns. Being successful in this career often requires a deep understanding of marketing processes, tools, trends, and channels, as well as strong leadership skills.

Why is marketing management important?

Often, without marketing efforts, customers may not be aware of a company's products or services. Marketing management works to ensure a company's profitability by acquiring new customers, expanding its customer base, enhancing its reputation, and improving customer interactions. Marketing management is important because it enables companies to do the following:

  • Strategic direction: It provides a clear, strategic approach to marketing efforts, aligning them with overall business goals and objectives.

  • Customer focus: It emphasizes understanding and meeting customer needs, which is essential for business success and growth.

  • Competitive advantage: Effective marketing management helps companies differentiate themselves from competitors and establish a strong market position.

  • Resource optimization: It ensures efficient use of marketing resources, including budget, personnel, and time.

  • Adaptability: Marketing management allows businesses to respond quickly to market changes, consumer trends, and competitive pressures.

  • Brand building: It plays a crucial role in developing and maintaining a strong brand identity and reputation.

  • Revenue generation: Well-executed marketing management drives sales and revenue growth.

  • Performance measurement: It provides frameworks for measuring and analyzing marketing effectiveness, allowing for data-driven decision-making.

Learn more: The 4 Ps of Marketing

What kind of person does well in marketing management?

Marketing management can be a unique career that combines creativity, data analytics, and critical thinking. Becoming a marketing manager typically requires a college degree and several years of professional experience in marketing, sales, or operations.

The kind of person who tends to do well in marketing management has some or all of the following abilities:

  • Strategic thinking: Can see the big picture and develop long-term strategies.

  • Creative problem-solving: Can come up with innovative solutions to marketing challenges.

  • Communication: Strong verbal and written communication skills.

  • Adaptable: Can quickly adjust to new trends, technologies, and market conditions.

  • Leadership: Can inspire and guide teams effectively.

  • Customer-centric: Can understand and empathize with customer needs and preferences.

  • Results-oriented: Focused on achieving measurable outcomes and ROI.

  • Collaborative: Works well with diverse teams and across departments.

  • Continuous learner: Stays updated with marketing trends and is always eager to learn new skills.

4 careers in marketing management

You can find marketing management roles in most industries that use marketing to generate revenue and build a brand. A marketing management salary can vary based on job title, location, qualifications, and industry. Review the job titles below to begin your research into career possibilities.

All salaries are from Glassdoor as of October 2025.

1. Marketing manager

Marketing managers develop strategies for companies and help identify target markets based on specific products or services. In this role, you will oversee campaigns and other marketing efforts and use metrics to measure the effectiveness of marketing plans. You’ll also work with ad sales professionals and individuals from marketing departments, financial departments, and more to coordinate and finance marketing campaigns.

Average total pay (US): $107,000

Social media manager

Social media managers create campaigns for social media platforms based on a company’s marketing goals. You may oversee a team that executes each campaign, or you may develop that content yourself. You’ll also use social media metrics to target efforts while monitoring and measuring the performance of posts.

Average total pay (US): $71,000

Brand manager

Brand managers develop and execute brand strategies for the companies they work with and implement tactics to achieve business objectives for the brand. Tasks include staying current on marketing trends and competitive activity, developing the brand narrative and assets, and assisting in the management of marketing campaigns.

Average total pay (US): $126,000

Product marketing manager

Product marketing managers often work at the intersection of product development, marketing, and sales. You’ll focus on planning and promoting campaigns to build awareness for a company’s different products. As such, you need a strong understanding of product development and market research to fully comprehend customers’ needs.

Average total pay (US): $141,000

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