ABBOTT LABORATORIES Group Marketing Manager Salary in the United States

How much does a Group Marketing Manager make at companies like ABBOTT LABORATORIES in the United States? The average salary for Group Marketing Manager at companies like ABBOTT LABORATORIES in the United States is $152,152 as of March 26, 2024, but the range typically falls between $134,006 and $170,297. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.  View the Cost of Living in Major Cities2

About ABBOTT LABORATORIES

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What does a Group Marketing Manager do at companies like ABBOTT LABORATORIES?

Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritionals and branded generic medicines. Our 115,000 colleagues serve people in more than 160 countries.

This position is located onsite in either Plymouth MN or in Santa Clara, CA locations for Structural Heart

Our business purpose is to restore health and improve quality of life through the design and provision of device and management solutions for the treatment of structural heart disease.

Position Summary

The Marketing Manager will report to the Director of Commercial Operations and will have primary marketing and budget responsibility for TAVI and surgical valve products. In this core Marketing role, the Manager will drive and be held accountable to deliver Sales, Margin, and goals for designated products.

The Marketing Manager is the core marketing owner and driver of the success for the TAVI and surgical valve product lines in the Structural Heart business unit. This role will focus on marketing strategy and launch for the within the U.S. This position will work closely with the sales team, manage a marketing team and will responsible for aspects of US strategy development and execution. This includes Forecasting, Financial and Marketing Plan Development, Sales Materials and, Pricing, and Materials Management.

The Marketing Manager shall maintain US product expertise for TAVI & surgical valve products/franchises, including market sizes/trend share, customer needs and targeting, product performance/benefits/weaknesses/positioning.

The Marketing Manager shall provide on-going field support and will focus on competitive positioning and growing the market awareness for Navitor, EPIC and other products within the TAVI and Surgical Valve franchises including successful product launch and execution.

WHAT YOU’LL DO

Maintain US market expertise for TAVI and surgical valve technologies, including in-depth knowledge of US competitor products and strategies, market trends and dynamics, market/franchise critical success factors, and customer needs.

Develop strategies and plans to drive TAVI and surgical valve product awareness and market development.

Develop and update annual marketing plans/strategies including market analysis, customer segmentation and targeting, product positioning, competitive assessments, and SWOT or other situation assessment.

Create and develop US specific strategies for new product commercialization.

Work closely with our Global TAVI and surgical valve counterpart to partner on messaging and ensure our US field teams are appropriately trained with proficiency on product messages.

Support launch readiness by developing product inventory timing, marketing programs, and working with communications manager to develop promotional collateral.

Take a leadership role on project teams to work closely with the project team to drive accountability and team achievement of goals and milestones.

Manage creative agencies to plan, develop, and execute new US materials.

Partner with regulatory colleagues in the review and negotiation of materials to ensure competitiveness, accuracy, and compliance.

Develop PLAN & Update US forecasts and justification for TAVI and Surgical Valve product lines within the US and present to BU senior management. Help prep for financial planning exercises (LBE).

Work with clinical team to develop and drive strategic publication initiatives within the US.

EDUCATION AND EXPERIENCE YOU’LL BRING

Required:

  • B.S., Marketing, Business or Science or related
  • Five year’s marketing management experience. Job requires substantial financial skills, market analysis and advanced communication skills.
  • Prior marketing work within the medical device or FDA regulated industry
  • Knowledge/ability to develop and execute a "new" product launch.
  • Must be able to understand technical and scientific information. ·
  • Must be willing to understand and comply with Regulatory requirements.
  • Ability to influence and motivate individuals from sales, marketing, and other functional areas to drive product awareness and projects.
  • Must be able to complete multiple projects simultaneously with tight deadlines.
  • Travel required 30-40% of the time

Preferred:

MBA strongly Preferred

Apply Now

  • Participants who complete a short wellness assessment qualify for FREE coverage in our HIP PPO medical plan. Free coverage applies in the next calendar year.

Learn more about our health and wellness benefits, which provide the security to help you and your family live full lives: www.abbottbenefits.com

Follow your career aspirations to Abbott for diverse opportunities with a company that can help you build your future and live your best life. Abbott is an Equal Opportunity Employer, committed to employee diversity.

Connect with us at www.abbott.com, on Facebook at www.facebook.com/Abbott and on Twitter @AbbottNews.


The base pay for this position is $118,000.00 – $236,000.00. In specific locations, the pay range may vary from the range posted.

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$134,006 Low Average $152,152 High $170,297

Understand the total compensation opportunity for Group Marketing Manager at companies like ABBOTT LABORATORIES, base salary plus other pay elements

Average Total Cash Compensation

Includes base and annual incentives

$134,006
$170,297
$152,152
The chart shows total cash compensation for the ABBOTT LABORATORIES Group Marketing Manager in the United States, which includes base, and annual incentives can vary anywhere from $134,006 to $170,297 with an average total cash compensation of $152,152. Total compensation includes the value of any benefits received in addition to your salary and some of the benefits that are most commonly provided within a total compensation package including bonuses, commissions, paid time off, and Insurance. The total cash compensation may get paid differently by industry, location, and other factors.
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