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 #anagement,I (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 #anagement,I 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$s products and services. The course will also focus upon the significance of the marketing mi% and the core concepts of marketing as they apply in development of products specifying of prices designing of distribution and creation of effective promotion. #verall this course will address issues like' a) (ow to market in an environment of changing needs wants and lifestyles) b) (ow to effectively develop a marketing mi% to suit strategies) c) (ow to develop services and bundle them with products when consumers are demanding more personali!ed services) d) (ow to comprehend consumer psyche and behaviour in the background of new technologies) 1 Centre for Teaching, Learning, and Professional Development Course Outline Template e) (ow to sustain marketing efforts in a socially responsible manner) f) (ow to apply marketing thought and customer orientation to business and non-business situations. This course will e"uip the students with an understanding of the fundamental principles guiding a firm$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$omes *fter attending this course the student is e%pected to be able to ' 1' +evelop a sound understanding of the fundamental marketing concepts. ,' -omprehend the marketing function in an organi!ational conte%t for accomplishing its purpose. .' /elate with marketing function in a creative way 0' +esign marketing related value enhancers for the organi!ation 5' 1ring about a fresh perspective on marketing issues and challenges facing a profit not for profit and public policy related organi!ation. %. "ist o& Topi$s' (odules Topi$' (odule Contents' Con$epts (odule 1: 2nderstanding the marketing function Understanding the marketing function Basic concepts and orientations of marketing The changing marketing landscape and the signifcance of thinking customer (odule 2: *naly!ing the marketing environment Firms Micro environment Firms Macro environment Presentation 5* Review of micro and macro environment of a frm 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 5 why does it change , Centre for Teaching, Learning, and Professional Development Course Outline Template (characteristics affecting -1 influences on buying behaviour) 6ature of consumer choices.*doption of new products Presentation 1* analysis of adoption pattern of an innovation of choice. (ow do organi!ational buyers behave) (#rgani!ational buying behavior) (odule 5: 7egmentation targeting and positioning 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 . Centre for Teaching, Learning, and Professional Development Course Outline Template policy and distribution decision Presentation :* desk research on 7T: and channel design in a firm of choice. Promotion 4hat is promotion ( promotion mi% role of 1T> 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 specific application 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. These will be conducted unannounced. Two of these shall be administered pre- mid term and one post mid term. 1est 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 in evidence and insights from multiple sources. The report preparation and referencing guidelines suggested in -+ , 0 Centre for Teaching, Learning, and Professional Development Course Outline Template 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 (0 marks) -omprehensiveness of the content (0 marks) +epth of analysis (@ marks) and application of the concepts of marketing (0 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 In,class Presentation* The student groups are e%pected to make a presentation of not 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 for the structure of the presentation (, marks) >evel of analysis (0 marks) *pplication of concepts (, marks) -larity of communication (, marks). /+ , .. /e$ommended' /e&eren$e Te0t 1oo2s and /esour$es Te)t Books 1. :rinciples of 3arketing-* 7outh *sian :erspective' Aotler *rmstrong *gnihotri 5 (a"ue. 1. th edition :earson ?ducation (A**( 1.e) 0ourse Reading 1. >evitt T (1B@0) CC3arketing 3yopia$$ Harvard Business Review Dol. .E (Fuly-*ugust) pp. ,0-0G. ,. (amel H. 5 :rahalad -.A. (1BEB) I7trategic &ntentJ Harvard Business Review 3ayK Fune pp @.-G@. .. (ill T. 5 4estbrook /. (1BBG) CC74#T *nalysis' &t$s Time for * :roduct /ecall$$ Long Range Planning Dol. .0 6o. 1 pp 0@-5,. 0. 7cheibehenne 1. Hreifeneder /. 5 Todd :. 3. (,010). L-an There ?ver be Too 3any #ptions) * 3eta-*nalytic /eview of -hoice #verloadL Journal of Consumer Research Dol. .G pp. 00B-0,5. 5. 7heth-Doss :. 5 -arreras &. (,010). CC(ow &nformative is Mour 7egmentation) * 7imple 6ew 3etric Mields 7urprising /esults$$ Marketing Research winter pp. E-1.. *merican 3arketing *ssociation @. Trout F. (1B@B)LL:ositioningL is a game people play in today$s me-too market placeL Industrial Marketing Dol.50 6o.@ (Fune) pp. 51<55. G. /eeves / (1B@1) Reality in Advertising. 6ew Mork' *lfred *. Anopf. 5 Centre for Teaching, Learning, and Professional Development Course Outline Template /eferences 1. Aotler :hilipN Aeller AevinN Aoshy *braham 5 Fha 3ithileshwar' I3arketing 3anagement a 7outh *sian :erspectiveJ ,00@ 1, th ?dition :earson ?ducation. 6. +elhi. (AAAF 1,e) ,. 7a%ena /a;anN I3arketing 3anagementJ ,00E 0 th ?dition Tata 3cHraw (ill 6. +elhi. .. ?vans Foel /. 5 1erman 1erry' I3arketing 3anagement$$ &ndian ?dition ,00G -engage >earning 6. +elhi. 0. /amaswamy D 7 5 6amakumari 7' 3arketing management < Hlobal :erspective the &ndian -onte%t ,00B 0 th ?dition 3acmillan 6. +elhi. 5. (arvard 1usiness /eview ((1/) @. 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) 0. www.flipkart.com (8lipkart) 5. www.samsung.com (7amsung) @. www.volvocars.com (Dolvo) G. www.loreal.co.in (>o$real) http'99www.mckinsey.com9mgi9publications9indiaOconsumerOmarket9slideshow9main.asp 3. 4ession lan 4essio n +ate Topi$ /e5uirements: /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 - 1asic concepts and orientations of marketing. Finalization of presentation schedule and groups Briefing 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 @ Centre for Teaching, Learning, and Professional Development Course Outline Template 1 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 customers 5 8irm$s 3acro environment Presentation5* /eview of micro environment of a firm of choice. A**( -h . p. @1- G5 A**( -h . p. @B- G0 -lass discussion (/eal 3arketing ..1) To identify the environmental forces that effect the company$s ability to serve its customers (odule 3 % #rgani!ational strategic :lanning' the role of marketing +esigning business portfolios Presentation 0* /eview of macro environment in an industry of choice. A**( /eading , (7trategic intent A**( -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. 0E- 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 5 why does it change A**( -h 5 p.11G- 1.0 To identify factors effecting consumer behavior and their G Centre for Teaching, Learning, and Professional Development Course Outline Template (characteristics affecting -1 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- 1.0 /eading 0 (-hoice overload) A**( -h 5 1..- 1.E -h 5 p. 1.E-1.B
-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 @ 100- 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<s &estern &ear #ar+et -lass discussion (7haring of observations) To develop an ability to segment markets /1 3arket targeting Presentation : 8ield visit based presentation on segmentation patterns of a firm of choice in a specific product category. A**( -h G p. 1G0- 1GG A**( -h G p. 1G1 -lass discussion (8igure G., ) To identify attractive market segments to target /* +ifferentiation and positioning A**( -h G p. To develop an E Centre for Teaching, Learning, and Professional Development Course Outline Template 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.0 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 service continuum) :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 and services /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. ,.@-,00 A**( To identify various levels of products and the value delivered at each level /3 Price 4hat is price -discount - margin -h 10 p. ,0G-,5@ -h 10 p. ,0B 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 Centre for Teaching, Learning, and Professional Development Course Outline Template 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 $: desk research on 7T: and channel design in a firm of choice. -h 11 p. .00-.0, -h 1, p. ,B, A**( Huest 7ession , (/eal 3arketing 1,.1) To identify conventional and contemporary channels of value delivery -- Promotion 4hat is promotion ( promotion mi% role of 1T> power of on- line social media) :romotion ob;ectives -h 10 p. .0,-.0@ A**( -h 10 p. .05-.0@ A**( -lass discussion (/eal 3arketing 10.1) To develop an ability to understand the promotion mi% -1 The new marketing communication landscape The need for &3- Presentation %&: review of the promotion mi% of a firm of choice. -h 10 p. .0@ A**( -h 10 p. .5E-.5B A**( -lass discussion (/eal 3arketing 10.,) To appreciate the changing landscape of promotion and need for &3- (O+6"* ) -* +eveloping integrated marketing mi% ' Assignment due this 'eek -lass discussion To develop a linkage between different concepts taught 10. Conta$t +etails: 10 Centre for Teaching, Learning, and Professional Development Course Outline Template 5ame of the 6nstructor% 7r. halini 5ath Tripathi "8ce 9ocation% 9ucknow Telephone% +:--;-14*-4< (mail% halini.tripathi=>aipuria.ac.in Teaching ?enue% 9ucknow campus @e'site% www.7aipuria.a$.in "8ce Aours% 4%1+ am ;:%1+ pm 11