Module objectives To study main concepts of marketing. To give understanding how to make market segmentation, market targeting, and market positioning. To show the role marketing management plays in the company’s strategy planning. To apply the concept of the product life cycle and consumer decision journey. To learn practice of marketing management process by case studies.
Outline
Defining Marketing and the marketing process
Is it necessary to have a marketing strategy?
Is it necessary to make a market research?
Creating and capturing customer value.
Marketing management: marketing mix and pricing
Main principles of marketing management
Developing an integrated marketing mix.
Analyzing the marketing environment: identification, classification, analysis
Market segmentation.
Target market.
Market positioning.
Defining marketing channels
The nature and importance of marketing channels.
Delivering customer value.
Types of marketing: Direct and online marketing.
Forms of direct marketing.
Setting up an online marketing presence
Building direct customer relationships.