Sports is a gigantic industry, whose fame is continuously and gradually increasing over the years. With its rising prominence, the teams participating as well as the professional athletes taking part in it are getting an enormous amount of extensive popularity and stardom. Examples include the NBA League, the NFL League, WWE, Formula 1 races, UFC, and so on. Due to this increasing popularity, advertisers and marketers team up with the teams to manage and promote those sporting events. People responsible for this are known as Sports Marketing Managers. let us know about that the Salaries For Sports Marketing Manager.
It has become very valuable for Sports Marketing Managers to promote sports events, as they receive profits and benefits from it. It is projected that the sports industry is to grow up to $83.1 billion by the year 2023. This results in the increasing salaries of sports marketing managers. Currently, according to the salary aggregated websites, the average salary that they earn annually is $71,482. That is in the US. However, the salary is still not fixed as it can be as low as $46,000 and as high as $96,000 or even more. In truth, the salary of the sports marketing manager depends upon their years of experience and geographical location around the world.
Salaries of Sports Marketing Managers around the World in 2022
In the United States of America (USA)
The annual salary ranges from as low as $40,000 to $96,000 or more. Salary in the US is also influenced by the states or cities in which the managers are working. For example, a sports marketing manager located and employed in the state of California, San Francisco earns the highest amount of salary. Further down the lane includes New York, Washington DC, Denver, Seattle, Indianapolis, Birmingham, Nashville, Omaha, New Orleans, and so on.
In the United Kingdom (UK)
The average annual salary is £34,438 per year in the UK.
For a starter or an entry-level employee with a few years of experience such as from 1 to 3 years, the salary starts from €42,086 per year. For a senior-level, professional manager in the marketing of sports, the salary amounts to €72,514 per year or more depending on the experience they have acquired over the years and accomplishments. This makes the annual average salary of a sports marketing manager in Germany of €58,763.
The salary in India for the managers marketing sports events, teams, and players, or handling and overlooking their respective endorsements ranges from ₹253,715 per year to ₹2,441,588 per year. Resulting in an average annual salary of ₹1,347,651.
The salary range starts from ₨66,000 per year to ₨5 million per year. This makes an average salary of ₨833,067 per year.
The average annual salary in Japan for a sports marketing manager is JPY 8,717,678. In Japan, along with the experience gained in years, the education acquired also matters for this specific position of marketing manager in the sports industry.
What Does a Sports Marketing Manager Do?
Their job involves developing promotional campaigns and advertisements for their clients in the sports industry. The main goal is to achieve as much publicity as possible. This helps to increase the reach of the sports companies and make their way up the ladder from their competitors in the industry.
How to Increase the Salary of a Sports Marketing Manager?
There is a span of responsibilities and skills involved in being a marketing manager in the saturated industry of sports. So continuously re-framing and upscaling those skills help one to be great and more efficient in their role. The skills are as follows:
Establish an Analytical Mindset
Focusing on consumers and pointing out their preferences are the main goals of marketing managers in any industry. But in sports it is crucial. There is a lot of quantitative data in sports. So having an analytical and quick mindset will help you get a long way and build your expertise. Especially in the creation of content, developing campaigns, and targeting the right consumers, as well as media placements.
Having Great Communication Skills
Verbal and written communication is the basic and foremost skills that a marketing manager should possess. Grabbing the attention of the consumers is the objective here to articulate and make people believe the vision you put forwards through your campaigns. It is only through good communication skills, that the manager can compel the consumers. Not only the consumers but also the stakeholders and the decision makers of the company as well.
Ways to improve these skills are; to set your tone according to the context, have clear language speaking skills, be persuasive, use an active voice, and keep in mind the demands of others such as different clients whether it be TV channels or online media. This will also help to further grow your professional network.
Be Creative and Flexible
Keep up with the latest technology and digital marketing techniques. Such as Search Engine Optimization (SEO) techniques, the latest and most effective social media platforms, and CRM.
Also, do not hesitate to practice your creative skills. Challenge yourself through problem-solving and keep your ideas noted down somewhere.
- Manage Your Time and Tasks
- Pursue an Educational Course or Degree
- Acquire Exceptional Negotiating Skills
- Get Experience
Pursuing a career as a sports marketing manager is not an easy task, involving a lot of hard work. Mainly a passion for any kind of sports. So to have a decent high salary requires advancements in skills and experience in this dynamic sports industry. Moreover, it is a growing profession as 10% growth is projected from 2020 to 2030.
Frequently Asked Questions
- Does the salary of a sports marketing manager vary across countries?
Yes, it does.
- What are the top sports marketing agencies in the US?
Independent Sports and Entertainment (ISE)
- Who are the top sports marketing managers?