Course Description
This course will give students a solid understanding of the fundamentals of the strategic marketing planning process including methods and tools of market assessment, customer segmentation analysis, development of the value proposition, positioning and planning of marketing tactics designed to deliver value to targeted stakeholders. Emphasis is placed on the need to align marketing principles and theories with the management skills needed for the preparation of a marketing plan. Students will be able to analyze opportunities and threats in both the macro and micro-environments. Students will also gather data for effective decision-making and will develop their ability to evaluate gaps. In this course, students will begin to learn how to conduct a competitive analysis, analyze environmental trends, forecast changing market demand, and develop competitive marketing strategies. This course requires both understanding of, as well as the ability to apply marketing principles and theories for managerial decision-making. Class discussions, written works, oral presentations, and exams will help students to develop and improve their ability to work on an individual basis as well as on a team basis.
Course Objectives
The basic purpose of this course is to provide students with a basic understanding of the marketing concepts and theories, the marketing strategy, and the marketing process. Specifically, these are:
-Develop a framework for market-led thinking and quantitative analysis.
-Analyze data market and industry using quantitative methods.
-Develop ability to use Market Audits, Consumer learning models and Product –life cycle theories.
-Develop a positioning map, do segment profiles, analyze the micro and macro environments in which firms compete to identify demand problems and opportunities that a firms should take into consideration when developing strategies that enable it to effectively adapt to change.
-Explore how to acquire data and how to analyze data and use it for effective decision-making.
-Develop both written and oral and persuasive communication skills through presentations, case analysis and discussion and competitive presentation of marketing plans.
-Develop critical thinking, be prepared to accept criticism and to act on it, develop decision-making skills.
-Develop and improve creativity, planning, organizing, problem solving, and team skills.
Learning Outcomes
-Demonstrate an understanding of basic marketing concepts and theories and how they may be applied to both the macro and micro-environments.
-Demonstrate understanding of qualitative marketing research techniques.
-Demonstrate the ability to write a realistic, coherent market assessment and develop a plan for a target market for a given case study.
-Demonstrate how companies develop relationships with customers.
-Improve their written and oral presentation skills. Students who have successfully completed the course will be able to present their ideas effectively and persuasively, supporting them with strong arguments and engaging with their audience.
-Develop decision-making skills.
-Develop quantitative skills.
Syllabus
July 3 Introduction : What is Marketing
July 4 Markting Function Case 1: Apple Inc.
July 5 Segmentation and Targeting Case 2: Nike
July 6 Marketing Strategy Case 3: Coca-Cola:
July 10 Ethics and Social Responsibility Case 4: Patagonia:
July 11 Marketing Examination (30% of your final grade)
July 12 Marketing Information Research Case 5: Amazon
July 13 Consumer Behavior Case 6: Starbucks:
July 17 Start working on the project
July 18 Positioning Case 7: Tesla:
July 19 Branding Case 8: Google:
July 20 Product Marketing Case9: GoPro:
June 24 Marketing test (20% of your grade)
July 25 Pricing Strategies Case 10: Zara:
July 26 Place: Distribution Channels Case 11: Walmart:
July 27 Promotion Case 12: Red Bull:
July 31 Marketing Globally Case 13 McDonald’s
August 1 Marketing Plan Case 14 Airbnb:
August 2 Work on your final project
August 3 Final Project Presentation