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Syllabus: Marketing Management MKT 5101
Syllabus: Marketing Management MKT 5101
Syllabus: Marketing Management MKT 5101
Year of study
Work placement NA
Course contents:
UNDERSTANDING MARKETING MANAGEMENT
Defining Marketing for the New Realities:
• Importance of marketing
• Scope of marketing
• Core marketing concepts
1. Chapter 1[1]
• Marketing management through the years
• Successful marketing management
• Simulation
class debate: Does marketing create or satisfy needs? (1, p 52)
reading: marketing excellence: Nike case (1, p 52)
DEVELOPING MARKETING STRATEGIES AND PLANS:
• Marketing and consumer value
2. Chapter 2[1]
• Corporate and division strategic planning
• Marketing plan
• Simulation (Excel)
calculate real customer value
https://www.explosivemarketing.co.uk/customer-value/
CAPTURING MARKETING INSIGHTS
• Marketing information system
• Internal records Chapter 3[1]
3. • Marketing intelligence system
• Macro environment developments
• Forecast demand
• Simulation
MARKETING RESEARCH
• Define the problem, the decision alternatives, and the research,
• Develop the Research Plan,
4. Chapter 4[1]
• Measuring marketing productivity
• ROI of marketing expenditures
• Simulation
CONSUMER BUYING BEHAVIOUR IN DECISION
• Factors influencing Consumer buying decision, Organizational
Buying Behaviour, Factors influencing the buying process and the Chapter 5 [1]
5. buying centre
• Creating Long-term Loyalty Relationships:
• Database marketing
• Simulation
ANALYZING CONSUMER AND BUSINESS MARKETS
• Consumer characteristics influence on buying behavior
• Psychological processes influence on consumer responses Chapter
6. • Business market vs. consumer market 6 -7[1]
• Buying situations for organizational buyers
• Deliberate, rational decision process
• Simulation
TAPPING INTO GLOBAL MARKETS
• Factors before deciding to go abroad
• International markets to enter Chapter 8 [1]
7.
• Developing and developed market
• Adapt marketing program to foreign country
• Simulation
8. MIDTERM EXAM
BUILDING STRONG BRANDS
• Identifying Market Segments and Targets: Chapter
9.
• Crafting the Brand Positioning: 9 – 10 [1]
• Simulation
CREATING BRAND EQUITY:
Chapter
10. • Brand and branding
• Brand equity 11 – 12 [1]
• Brand architecture decisions in a branding
• Strategy
• Simulation
ADDRESSING COMPETITION AND DRIVING GROWTH:
• Market share
• Market challengers
• Market followers
• Marketing strategies and the product life cycle
• Marketers strategies and tactics
• Simulation
CREATING VALUE
Setting Product Strategy:
• Characteristics of products
• Product design
• Co-brands
• Packaging, labeling, warranties, and guarantees as marketing
Chapter
tools
11. Designing and Managing Services: 13 – 14 [1]
• Services vs. goods See previous page…
• New services realities
• Services marketing
• Services quality
• Customer-support services
• Simulation
INTRODUCING NEW MARKET OFFERINGS:
• Developing new products and services
• New product development
• Consumer adoption of new products and services
• Simulation
Developing Pricing Strategies and Programs:
Chapter
12. 15 – 16 [1]
• Processing and evaluating prices
• Initial pricing
• Prices to meet circumstances and opportunities
• Price change
• Competitor’s price change reaction
• Simulation
DELIVERING VALUE
Chapter
• Designing and Managing Integrated Marketing Channels:
13. 17 – 18 [1]
• Managing Retailing Wholesaling, and Logistics:
• Simulation
COMMUNICATING VALUE
• Designing and Managing Integrated Marketing
14. Communications: Chapter
• Managing Mass Communications: Advertising, Sales 19 – 22 [1]
Promotions, Events and Experiences, and Public Relations
• Managing Digital Communications: Online, Social Media, and
Mobile
• Managing Personal Communications: Direct and Database
Marketing and Personal Selling
• Simulation
CONDUCTING MARKETING RESPONSIBLY FOR LONG-TERM
SUCCESS
• Trends in marketing practices
15. • Keys to effective internal marketing
Chapter 23 [1]
• Social marketers
• Marketing skills
• Monitor and improve marketing skills
• Simulation
16. FINAL EXAM
Student workload
Duration Total
Activities Number Workload
(hour)
(hour)
Course duration in class 14 3 42
Preparation for Midterm Exam 1 25 25
Individual or Group Work 14 3 42
Midterm Exam 1 3 3
Paper/Project (including preparation
and presentation)
Homework 10 3 30
Preparation for the Final Exam 1 35 35
Final Exam 1 3 3
Total Workload 180
Total Workload/30(h) 6.6
ECTS Credit of the Course 6