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  • 8/11/2019 Course Outline Template-CTLP MM-I

    1/11

    Centre for Teaching, Learning, and Professional Development

    Course Outline Template

    JAIPURIA INSTITUT !" #ANA$#NT, LUC%N!&

    P$D#, P$D# '"S(, P$D# 'R#(, TR# I

    Co)rse Title* #ar+eting #anagementI (105)

    Co)rse Instr)ctors* Dr- Shalini Nath Tripathi

    Co)rse Credit* .

    N)m/er of Sessions* 01 !ffice 2t No* 013

    1-2. Course Code, Course Title

    Course Code:Course Title:(105)

    #ar+eting #anagementI

    3-4. Course Overview, ro!ramme "evel "earnin! #oals

    Course Overview:

    The focal concern of marketing function in the present scenario is creation and delivery of customer

    value and building of profitable customer relationships. The underlying issues that emerge from this

    concern are developing a well-rounded understanding of the consumer needs and wants deciding

    on the target markets that an organi!ation can serve best and developing a compelling value

    proposition to attract keep and grow the targeted consumers. The rewards accrue to the

    organi!ations in the form of increased share of the market incremental profits and consolidated

    customer e"uity.

    #utstanding marketing organi!ations develop integrated marketing programmes that deliver on

    customer value create customer delight and more importantly build lasting customer relationships.

    This course focuses upon the process of translating a firm$s marketing ambition into reality in a

    structured way. The students shall be e%posed to the building blocks of marketing as a field of study.

    &t will sensiti!e the students to the nature of a firm$s marketing environment and help them

    understand the significance of effective scanning of this environment understanding its implications

    and effectively managing it. The students will be e%posed to the role of strategic thinking and

    strategy formulation in marketing success.

    The course will address issues and challenges of understanding the customer segmenting a given

    market to locate pockets of market opportunity for targeting and subse"uently effective positioning

    of the firm$s products and services. The course will also focus upon the significance of the

    marketing mi% and the core concepts of marketing as they apply in development of products

    specifying of prices designing of distribution and creation of effective promotion. #verall this

    course will address issues like'

    a) ow to market in an environment of changing needs wants and lifestyles

    b) ow to effectively develop a marketing mi% to suit strategies

    c) ow to develop services and bundle them with products when consumers are demanding morepersonali!ed services

    d) ow to comprehend consumer psyche and behaviour in the background of new technologies

    1

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    e) ow to sustain marketing efforts in a socially responsible manner

    f) ow to apply marketing thought and customer orientation to business and non-business

    situations.

    This course will e"uip the students with an understanding of the fundamental principles guiding a

    firm$s marketing initiative. &t will give them perspective on the core concerns issues and challenges

    facing a marketing oriented organi!ation. The st)dents are e2pected to revie4 the co)rse

    readings and the indicated portion of the prescri/ed te2t for class disc)ssions prior to

    attending each session-

    5. "earnin! Out$omes

    *fter attending this course the student is e%pected to be able to '

    1' +evelop a sound understanding of the fundamental marketing concepts.,' omprehend the marketing function in an organi!ational conte%t for accomplishing its purpose.

    ' /elate with marketing function in a creative way

    ' +esign marketing related value enhancers for the organi!ation

    5' ring about a fresh perspective on marketing issues and challenges facing a profit not for profit

    and public policy related organi!ation.

    %. "ist o& Topi$s' odules

    Topi$' odule Contents' Con$epts

    odule 1:2nderstanding the marketingfunction

    Understanding the marketingfunction

    Basic concepts and orientations of

    marketing

    The changing marketing

    landscape and the signicance ofthinking customer

    odule 2:*naly!ing the marketingenvironment

    Firms Micro environment

    Firms Macro environment

    Presentation 5*Review of micro and

    macro environment of a rm of

    choice.odule 3: Marketing trateg! "rgani#ational strategic $lanning%

    the role of marketing& designing'usiness portfolios

    Presentation 0* /eview of macro

    environment in an industry of choice.

    3anaging the marketing effort

    ( 3easuring and managing /#& on

    marketing investment

    Presentation .* /eview of business

    portfolio of a firm of choice.

    odule 4: 2nderstanding consumer behavior 4hat is behavior (consumer decision

    making)ow why does it change

    ,

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    (characteristics affecting influences

    on buying behaviour)

    6ature of consumer choices.*doption

    of new products

    Presentation 1* analysis of adoptionpattern of an innovation of choice.

    ow do organi!ational buyers behave

    (#rgani!ational buying behavior)

    odule 5: 7egmentation targeting andpositioning

    3arket segmentation

    7egmentation e%ercise

    3arket targeting

    Presentation 6: 8ield visit based

    presentation on segmentation patterns

    of a firm of choice in a specific product

    category.

    +ifferentiation and positioning

    Presentation 7* +esk research based

    presentation of market targeting by a

    specific firm

    odule %: 3arketing mi% 2nderstanding and +esigning the

    3arketing 3i%

    Prod)ct

    4hat is a product ( levels9product

    service continuum)

    :roduct :lus - the augmented product

    #b;ectives of the product policy

    ow do they grow (ommodity

    product form and brand life)3arket life

    cycle

    Presentation 8* levels of product and

    analysis of product life cycle stages in a

    particular product category of choice.

    Price

    4hat is price -discount < margin

    :ricing ob;ectives :ublic policy and

    pricing Presentation 9* :ricing practices in an

    industry (as well as a particular firm in

    that industry) of choice.

    Place

    4hat is intermediation and

    disintermediation various formats of

    distribution +istribution ob;ectives

    hannel compatibility with 7T:

    &nnovation to ma%imi!e reach (how

    channel members add value)=customer convenience and new

    distribution 9 marketing formats :ublic

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    policy and distribution decision

    Presentation :* desk research on 7T:

    and channel design in a firm of choice.

    Promotion4hat is promotion ( promotion mi%

    role of T> power of on-line social

    media)

    :romotion ob;ectives

    The new marketing communication

    landscape

    The need for &3

    Presentation 53*review of the

    promotion mi% of a firm of choice.

    odule : &ntegration +eveloping integrated marketing mi% '

    omprehensive case study

    Assignment d)e this 4ee+

    . *valuation Criteria

    Component +es$ription ei!t

    (nd Term()ams

    &t will be based on conceptual "uestions situation specific

    application oriented "uestions and short case studies ?nd

    term e%am will only cover post mid term course coverage.ourse readings are an integral component of learning in

    this course. *t least one of the "uestions will be based on

    these readings which will not be specified to the students

    *+ ,

    Mid Term ()ams &t will be based on conceptual "uestions situation specificapplication oriented "uestions and short case studies.

    ourse readings are an integral component of learning in

    this course. *t least one of the "uestions will be based on

    these readings which will not be specified to the students.

    -+ ,

    ui##es There will be three "ui!!es based on multiple choice

    open ended and fill in the blank(s) type of "uestion. Thesewill be conducted unannounced. Two of these shall be

    administered pre- mid term and one post mid term. est

    of the two will be considered for course grades.

    /+ ,

    Assignment 'Revie4 of STP and mar+eting mi2(* This is also a

    written report which shall be submitted by groups of

    students. The students will have to review the

    segmentation targeting and positioning strategies of an

    organi!ation of choice. They will also have to review the

    marketing mi% of the chosen firm. The report will be

    based on a combination of desk research as well as field

    investigation. 7tudents are encouraged to bring inevidence and insights from multiple sources. The report

    preparation and referencing guidelines suggested in

    -+ ,

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    business communication course in the first term must be

    strictly adhered to. The students must ensure that the

    report is original in content updated on information and

    free of factual theoretical and grammatical errors. The

    assignment is worth ,0 marks. The students shall be

    awarded marks for the structure of the report and

    referencing styles ( marks) omprehensiveness of the

    content ( marks) +epth of analysis (@ marks) and

    application of the concepts of marketing ( marks)

    larity in communication (, marks). *ssignment , is due

    for submission on the "rida; of in the 4ee+ of 01 th

    lect)re session- :lease ensure that the assignment is

    submitted by 5.00 :3 on that day. /e"uests for

    e%tension of the submission deadline will not be

    entertained

    InclassPresentation*

    The student groups are e%pected to make a presentation ofnot more that 15 minutes in duration on the allocated

    topic. The topics for presentation are indicated in the

    session plan below. The course instructor will stop the

    presentation once the time limit is over. &t is advised that

    the students practice their presentation to manage time

    effectively. The groups for these presentations will be

    same as those for the written assignments. &t is

    encouraged that the choice of industry for both the

    assignments and the presentation is uniform in order to

    develop in-depth insights on it. The presentations are

    worth 10 marks. The students shall be awarded marks forthe structure of the presentation (, marks) >evel of

    analysis ( marks) *pplication of concepts (, marks)

    larity of communication (, marks).

    /+ ,

    . /e$ommended' /e&eren$e Tet oos and /esour$es

    Te)tBooks

    1. :rinciples of 3arketing-* 7outh *sian :erspective' Aotler

    *rmstrong *gnihotri a"ue. 1 thedition :earson ?ducation (A** 1e)

    0ourseReading

    1. >evitt T (1B@0) CC3arketing 3yopia$$Harvard Business Review Dol. E (Fuly-*ugust)

    pp. ,-G.

    ,. amel H. :rahalad .A. (1BEB) I7trategic &ntentJHarvard Business Review3ayKFune pp @-G@.

    . ill T. 4estbrook /. (1BBG) CC74#T *nalysis' &t$s Time for * :roduct

    /ecall$$Long Range Planning Dol. 0 6o. 1 pp @-5,.

    . 7cheibehenne . Hreifeneder /. Todd :. 3. (,010). Lan There ?ver be Too

    3any #ptions * 3eta-*nalytic /eview of hoice #verloadL Journal of

    Consumer ResearchDol. G pp. 0B-,5.

    5. 7heth-Doss :. arreras &. (,010). CCow &nformative is Mour 7egmentation *

    7imple 6ew 3etric Mields 7urprising /esults$$Marketing Research winter pp.

    E-1. *merican 3arketing *ssociation

    @. Trout F. (1B@B)LL:ositioningL is a game people play in today$s me-too market

    placeLIndustrial Marketing Dol.5 6o.@ (Fune) pp. 51

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    /eferences 1. Aotler :hilipN Aeller AevinN Aoshy *braham Fha 3ithileshwar'

    I3arketing 3anagement a 7outh *sian :erspectiveJ ,00@ 1,th ?dition

    :earson ?ducation. 6. +elhi. (AAAF 1,e)

    ,. 7a%ena /a;anN I3arketing 3anagementJ ,00E th?dition Tata 3cHraw ill

    6. +elhi.

    . ?vans Foel /. erman erry' I3arketing 3anagement$$ &ndian ?dition

    ,00G engage >earning 6. +elhi.

    . /amaswamy D 7 6amakumari 7' 3arketing management < Hlobal

    :erspective the &ndian onte%t ,00B th?dition 3acmillan 6. +elhi.

    5. arvard usiness /eview (/)

    @. Fournal of onsumer /esearch

    G. Fournal of 3arketing

    E. &ndustrial 3arketing 3anagement

    B. Fournal of /etailing

    10. Fournal of *dvertising

    11. *cademy of 3arketing 7cience /eview

    &nternet

    /esource'

    1. www.hul.co.in (industan 2nilever >imited)

    ,. www.pg.com(:rocter and Hambler)

    . www.ama!on.com ( *ma!on)

    . www.flipkart.com(8lipkart)

    5. www.samsung.com(7amsung)

    @. www.volvocars.com(Dolvo)

    G. www.loreal.co.in (>o$real)

    http'99www.mckinsey.com9mgi9publications9indiaOconsumerOmarket9slideshow9main.asp

    . ession lan

    ession

    +ate Topi$ /euirements:/eadin!s'

    Cases

    "earnin!Out$ome

    odule 1

    / 2nderstanding the marketing

    function'

    (hy Marketing! How could it

    "e defined! hat is the

    marketing #rocess! hat is its

    #ur#ose for various

    stakeholders!$

    h 1 p. 5-@

    A**

    h 1 p. ,1-,,

    A**

    lass discussion

    (/eal 3arketing

    1.,)

    To develop a

    basic

    understanding of

    marketing

    functions

    - asic concepts and

    orientations of marketing.

    Finalization of presentation

    schedule and groupsBriefing of Assignment

    h 1 p. B A**

    lass discussion

    (7hare of customer

    vs. ustomer

    ?"uity)

    To comprehend

    the marketing

    functions in an

    organi!ational

    conte%t

    @

    http://www.pg.com/http://www.pg.com/http://www.amazon.com/http://www.flipkart.com/http://www.samsung.com/http://www.volvocars.com/http://www.loreal.co.in/http://www.mckinsey.com/mgi/publications/india_consumer_market/slideshow/main.asphttp://www.pg.com/http://www.amazon.com/http://www.flipkart.com/http://www.samsung.com/http://www.volvocars.com/http://www.loreal.co.in/http://www.mckinsey.com/mgi/publications/india_consumer_market/slideshow/main.asp
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    Course Outline Template1 The changing marketing

    landscape and the significance

    of Cthinking customer$

    (Market develo#ment and

    creating customer value)

    A**

    /eading 1

    (3arketing 3yopia)

    lass discussion

    (3arketing 3yopia)

    To identify key

    elements of a

    customer driven

    marketing

    organi!ation

    odule 2

    * 8irm$s 3icro environment h p. 5B-@1

    A**

    lass discussion

    (3arketing publics)

    To identify the

    environmental

    forces that effect

    the company$s

    ability to serve its

    customers5 8irm$s 3acro environment

    Presentation5* /eview ofmicro environment of a firm of

    choice.

    A** h p. @1-

    G5

    A** h p. @B-

    G0

    lass discussion

    (/eal 3arketing

    .1)

    To identify the

    environmentalforces that effect

    the company$s

    ability to serve its

    customers

    odule 3

    % #rgani!ational strategic

    :lanning' the role of marketing

    +esigning business portfoliosPresentation 0* /eview of

    macro environment in an

    industry of choice.

    A**

    /eading , (7trategic

    intentA** h , p. 5-

    E

    lass discussion

    To appreciate the

    importance of

    strategic planning

    2 3anaging the marketing effort

    3easuring and managing /#&

    on marketing investment

    Presentation .* /eview of

    business portfolio of a firm of

    choice.

    A** h , p. E-

    55

    A** h , p.

    555@

    /eading

    (74#T *nalysis)

    lass discussion

    (3arketing by

    numbers)

    To develop an

    ability to identify

    the key elements

    of /#3&

    odule 4

    3 4hat is behavior (consumer

    decision making)

    ow why does it change

    A** h 5 p.11G-

    10

    To identify

    factors effectingconsumer

    behavior and their

    G

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    (characteristics affecting

    influences on buying behavior)

    A** h 5 p.

    1,0-1,1

    lass discussion

    (/eal 3arketing

    5.1)

    impact on

    decision making

    4 6ature of consumer choices

    *doption of new products

    Presentation 1*analysis of

    adoption pattern of an

    innovation of choice.

    A** h 5 1,B-

    10

    /eading (hoice

    overload)

    A** h 5 1-

    1E

    h 5 p. 1E-1B

    lass discussion(3arketing by the

    numbers)

    To identify the

    different kinds of

    buying situations

    /+ ow do organi!ational buyers

    behave(#rgani!ational buying

    behavior)

    A** h @ 10-

    155

    A** h @ p.

    15,-15

    Huest 7ession 1

    (/eal 3arketing

    @.,)

    To understand the

    differences

    between business

    markets and

    consumer markets

    odule 5

    // 3arket segmentation

    Students must bring in

    information after research in

    the field or in the library on

    the visible patterns of market

    segmentation in a specific

    product/service category in

    the next class

    A** h G p.

    1@,-1G0

    /eading 5

    (&nformative

    7egmentation)

    lass discussion

    (/eal 3arketing

    G.1)

    To identify the

    bases of

    segmenting

    markets

    /- 7egmentation e%ercise

    Case* Allen Soll; ntering

    the Indian &omen

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    Presentation !: +esk research

    based presentation of market

    targeting by a specific firm

    Case* L)2 Strong

    Differentiation

    1GE-1E5

    /eading @

    (:ositioning)

    lass discussion

    (8igure G. Dalue

    proposition)

    ability to

    differentiate and

    identify types of

    positioning

    odule %

    /5 2nderstanding and +esigning

    the 3arketing 3i%

    lass discussion To develop and

    design a

    marketing mi%/% Product

    4hat is a product

    ( levels9product servicecontinuum)

    :roduct :lus - the augmented

    product

    #b;ectives of the product

    policy

    h E p. 1B0-1B,

    h E p. ,1@-,1G

    A**

    lass discussion

    (/eal 3arketing

    E.,)

    To develop an

    ability to classify

    products andservices

    /2 ow do they grow

    (ommodity product form and

    brand life)

    3arket life cycle

    Presentation ": levels of

    product and analysis of

    product life cycle stages in a

    particular product category of

    choice.

    h B p. ,@-,

    A**

    To identify

    various levels of

    products and the

    value delivered ateach level

    /3 Price

    4hat is price -discount -

    margin

    h 10 p. ,G-,5@

    h 10 p. ,B

    A**

    lass discussion

    (8igure 10.1

    onsiderations in

    setting price)

    To comprehend

    pricing and its

    different forms

    /4 :ricing ob;ectives

    :ublic policy and pricing

    Presentation #: :ricing

    practices in an industry (as

    well as a particular firm in that

    industry) of choice.

    h 10 p. ,E,-,E5

    h 10 p. ,51

    A**

    To appreciate the

    different pricing

    ob;ectives used

    by a firm and its

    linkage to the

    customer value

    perception

    -+ Place h 11 p. 00-0, To identify ways

    B

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    4hat is intermediation and

    disintermediation various

    formats of distribution

    +istribution ob;ectives

    hannel compatibility with

    7T:

    Case* T)pper4are in India

    h 1, p. ,B,

    A**

    lass discussion

    (8igure 1,.1)

    and means of

    transfer of value

    from

    manufacturer to

    the customer

    -/ &nnovation to ma%imi!e reach

    (how channel members add

    value)

    =customer convenience and

    new distribution 9 marketing

    formats

    :ublic policy and distribution

    decision

    Presentation $: desk research

    on 7T: and channel design in a

    firm of choice.

    h 11 p. 00-0,

    h 1, p. ,B,

    A**

    Huest 7ession ,(/eal 3arketing

    1,.1)

    To identify

    conventional and

    contemporary

    channels of value

    delivery

    -- Promotion

    4hat is promotion ( promotion

    mi% role of T> power of on-

    line social media)

    :romotion ob;ectives

    h 1 p. ,-@

    A**

    h 1 p. 5-@A**

    lass discussion

    (/eal 3arketing

    1.1)

    To develop an

    ability to

    understand the

    promotion mi%

    -1 The new marketing

    communication landscape

    The need for &3

    Presentation %&: review of thepromotion mi% of a firm of

    choice.

    h 1 p.

    @ A**

    h 1 p. 5E-5B

    A**

    lass discussion

    (/eal 3arketing

    1.,)

    To appreciate the

    changing

    landscape of

    promotion and

    need for &3

    O+6"* -* +eveloping integrated

    marketing mi% '

    Assignment due this 'eek

    lass discussion To develop a

    linkage between

    different concepts

    taught

    10. Conta$t +etails:

    10

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    5ame of the 6nstructor% 7r. halini 5ath Tripathi

    "8ce 9ocation% 9ucknow

    Telephone% +:--;-14*-4aipuria.ac.inTeaching ?enue% 9ucknow campus

    @e'site% www.7aipuria.a$.in

    "8ce Aours% 4%1+ am ;:%1+ pm

    11

    http://www.jaipuria.ac.in/http://www.jaipuria.ac.in/