Digital marketing salary in 2023
Table of Contents
- jaro education
- 11, July 2023
- 3:00 pm
The dynamic field of contemporary business heavily relies on digital marketing as an essential driving component. Given the increasing dependence on the internet and digital technologies, businesses have shifted their marketing strategies towards engaging and reaching their target audience through online platforms. It offers an array of channels and tools that enable businesses to promote their products or services, establish brand awareness, and foster customer acquisition and retention.
To stay successful in the constantly shifting digital market, you must consider enrolling in a programme such as IIM Visakhapatnam’s PG Certificate in Digital Marketing and Growth. This 12-month course will help you overcome obstacles and advance your profession. Unlock your full potential and thrive in the digital marketing realm by enrolling now.
The Evolution and Expansion of Digital Marketing
Digital marketing has witnessed remarkable growth and evolution throughout its history. With the progression in technology and shift in consumer behaviour, digital marketing strategies and tactics have adapted to meet the demands of the digital age. The emergence of social media platforms, mobile devices, and big data analytics has revolutionised the manner in which businesses connect with their target audience.
Initially, digital marketing primarily used to focus on websites and email campaigns. Now, it has expanded to encompass various channels, including search engine optimisation (SEO), search engine marketing (SEM), social media marketing, content marketing, influencer marketing, email marketing, and mobile marketing. Each of these channels offers unique advantages and enables businesses to engage with consumers at different touch points during their digital journey.
Current State of Digital Marketing
The digital advertising industry has experienced significant growth in recent years, surpassing traditional advertising channels. This upward trend is expected to continue as more people gain access to the internet and businesses recognise the value of digital marketing. With a large and expanding online audience, the potential for businesses to reach and engage with their target market is immense. As a result, the digital marketing sector is poised for continued success in the coming years.
Factors Influencing Digital Marketing Salary
Several factors can influence the salary in the field of digital marketing. Here are some key factors that can impact the pay scale of professionals working in digital marketing field:
Experience and Expertise
Your level of experience and expertise in digital marketing can significantly influence your salary. Professionals with several years of experience and a proven track record of successful campaigns are often in high demand and can easily push for high salaries.
Skill Set
Your specific skills in digital marketing can also impact your salary. In-demand skills such as search engine optimisation (SEO), social media marketing, pay-per-click (PPC) advertising, content marketing, and data analytics can increase your market value and earning potential.
Job Role and Responsibility
The nature of your job role and your level of responsibility within an organisation can affect your salary. Higher-level positions such as digital marketing manager, director, or strategist mostly come with greater responsibilities and higher salaries than entry-level or junior roles.
Industry and Location
The industry you work in and your geographical location can influence your salary. Specific industries, like technology, finance, and e-commerce, tend to offer higher salaries for digital marketing professionals due to the competitive nature of these sectors. Similarly, salaries can vary based on the cost of living and demand for digital marketing talent in different locations.
Company Size and Reputation
Your salary also depends on the size and reputation of your company. Larger organisations or well-known brands often have more resources and budgets for digital marketing, which can result in higher salaries for their marketing professionals.
Education and Certifications
Having relevant education and certifications in digital marketing can enhance your skill set and help you become a most-desired digital marketing professional in the market. Thus, advanced degrees, industry certifications, or specialised training programs can positively influence your salary.
Salary, Role and Skill for Different Positions in Digital Marketing 2023
Digital marketing salary 2023 structures, job roles and skills are described below. The data provided regarding salaries are taken from relevant websites of Payscale, Naukri and Glassdoor.
Digital Marketing Manager
A digital marketing specialist plays a crucial role in developing, managing, and overseeing digital marketing campaigns. Their responsibilities encompass a wide range of tasks, including running advertising campaigns, managing social media platforms, executing content strategies, monitoring performance, and optimising outcomes.
Essential Skills
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- Comprehensive understanding of various digital marketing functions.
- Business acumen to devise effective strategies.
- Research skills to conduct competitor analysis and gather relevant insights.
- Analytical skills to measure campaign performance, conduct A/B tests, and derive actionable insights.
- Interpersonal skills, including logical reasoning, effective communication, problem-solving, and collaborative abilities.
Salary Structure
The average yearly income for a digital marketing manager in India is Rs. 6.5 lakhs per annum, with salaries ranging from Rs. 3.0 lakhs to Rs. 18.2 lakhs per annum. Other criteria that influence earnings include industry, qualification, digital marketing certification, and city of residency.
Search Engine Optimisation (SEO) Specialist
An SEO specialist is responsible for conducting research, analysis, and identifying opportunities to enhance a website’s search engine rankings on platforms like Google, Bing, and Yahoo. There are two primary types of SEO: on-page and off-page. An on-page SEO specialist focuses on researching keywords, optimising website content for search engines, publishing content, and monitoring performance. On the other hand, an off-page SEO specialist focuses on creating backlinks and identifying guest posting opportunities.
Essential Skills
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- Ability to identify relevant keywords that align with the website’s goals and target audience.
- Understanding competitor strategies to gain insights and develop effective SEO tactics.
- Proficiency in analysing data, generating reports, creating presentations, and devising strategic SEO plans based on insights.
- Proficiency in utilising popular SEO tools such as Ahrefs, Semrush, Google Search, and Console to perform keyword research, track website performance, and implement optimisation techniques.
Salary Structure
The average salary for an SEO specialist in India is ₹300,923 per year. Salaries can rise accordingly per annum as abilities improve with time. This position is for a Manager-level expert with a strong understanding of Organic Growth. SEO professionals that have demonstrated exceptional growth for the company get consistent growth in their salary.
Social Media Manager
A social media specialist plays a vital role in enhancing brand awareness by developing and implementing engaging digital content across various social media platforms. Their responsibilities include maintaining a social media calendar, creating captivating social content, crafting compelling copy, publishing updates, engaging with audience comments, and assessing performance metrics.
Essential Skills
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- Proficiency in creating engaging and concise written content tailored to specific social media platforms.
- Ability to create visually appealing graphics and images that align with brand identity and resonate with the target audience.
- Competence in producing and editing videos optimised for social media platforms to convey messages effectively.
- Familiarity with social media management tools to schedule and publish content at strategic times for maximum impact.
- Proficiency in using tools provided by social media platforms to track and measure performance metrics, gain insights, and optimise future strategies.
Salary Structure
Content Marketing Specialist
Role: A content marketing specialist is responsible for creating and executing content strategies to attract and engage the target audience. They develop valuable and relevant content across various platforms, such as websites, blogs, social media, and email marketing campaigns, with the goal of driving brand awareness, increasing website traffic, and generating leads.
Essential Skills
- Exceptional writing and editing skills.
- Content strategy development
- Understanding of SEO techniques.
- Audience research.
- Analytics and measurement
Salary Structure
Pay-Per-Click (PPC) Specialist
A PPC specialist is responsible for managing pay-per-click advertising campaigns across various platforms, such as Google Ads, Bing Ads, and social media advertising platforms. They aim to maximise the return on investment (ROI) by driving targeted traffic to websites and landing pages through strategic keyword targeting, ad creation, and ongoing campaigns.
Essential Skills
- Efficient in managing campaigns on platforms like Google Ads, Bing Ads, Facebook Ads, or other relevant advertising platforms.
- Ability to perform comprehensive keyword research and analyse competitor strategies to optimise campaign performance.
- Skill in writing compelling ad copy that attracts clicks and drive conversions.
- Being able to analyse campaign performance, track key metrics, and generate reports for monitoring and optimisation.
- Knowledge of A/B testing methodologies to experiment with different ad variations and landing pages for continuous campaign improvement.
Salary Structure
Copywriter
The role of a copywriter involves creating written content for various mediums, including advertisements, website copy, blogs, social media posts, and more.
Essential Skills
The skills required for a copywriter include exceptional writing skills, creativity, storytelling abilities, attention to detail, and the ability to adapt writing style based on the target audience and brand guidelines.
Salary Structure
Strategies to Maximise Your Salary in The Digital Marketing Field
Negotiating for a higher salary in the field of digital marketing requires careful preparation and effective communication. Here are some tips to help you leverage your skills and negotiate a higher compensation package
Conduct Thorough Research
Before entering salary negotiations, keep a track on the average salaries for similar roles in your industry, location, and experience level. Additionally, reach out to industry peers and mentors for their input.
Understand the Job Expectations
Gain a clear understanding of the responsibilities and expectations associated with the role you are applying for. Review the job description thoroughly and consider how your skills and experience align with those expectations. Prepare questions to ask the hiring manager during the interview to demonstrate your understanding and interest.
Showcase Your Value
Highlight the tangible outcomes and achievements you have attained in your previous digital marketing work. Emphasise on measurable results such as increased website traffic, improved conversion rates, revenue growth, or successful campaigns. Create a portfolio showcasing your most successful projects and campaigns.
Be Prepared for the Salary Discussion
You will likely be asked about your salary expectations during the interview. Be ready with a clear and well-reasoned response. Consider not only your desired salary but also your overall compensation package, including benefits and bonus points.
Be Ready to Negotiate
It’s essential to be prepared for negotiation. Understand that the initial offer may not meet your expectations. Demonstrate your value and articulate why you deserve a higher salary based on your skills, experience, and value to the organisation. Be open about your expectations and be willing to negotiate on various aspects of the compensation package.
Final Thoughts
The objective of digital marketing is to provide exceptional customer experience with lower costs. By focusing on digital marketing and enhancing the customer journey, organisations can gain a competitive edge. The salary in the digital marketing field is primarily influenced by the skills you possess, the level of expertise you have achieved in those skills, and your ability to continuously grow and drive the growth of the company.
To have an enhanced understanding of digital marketing, the prestigious PG Certificate in Digital Marketing and Growth course offered by IIM Visakhapatnam can be the right opportunity. This comprehensive programme is powered by Jaro Education which will help you develop valuable skills through hands-on sessions facilitated by industry experts. Enroll today and unlock a world of possibilities for your future.