COURSE SYLLABUS MKT305(15575086) Principles of Marketing For Degree Students 2008-2009 Your instructor for this course: Zhu Dong Subject Coordinator: Zhu Dong (tonizhu@shu.edu.cn) Page 1 of 6 1. Subject Principles of Marketing 2. Classes (compulsory, per week over a 10 week semester) For all the degree students at year 2. 3. Course Content • • • • • • Introduction to marketing Marketing environment Market research Consumer & business behavior Marketing strategy Marketing mix – product, price, promotion & place 4. Objectives This course will equip with students both theoretical base and in-lecture practice of marketing, students will acquaint the most advanced marketing theories and various new opinions in the marketing field from world leading scholars, also students will learn how to practice these theories in real scenario after the module. The detailed objectives of this module are as follows: z z z z z z To define marketing and marketing management process To understand how to evaluate the business opportunities in the marketing environment To know how to segment markets and find out desired target markets To understand how different factors influence consumer behaviours and buyer decision process To know the essence of marketing information system (MIS) and how to develop a marketing research To understand the marketing mix – product, price, place and promotion, and to be able to develop a marketing plan Page 2 of 6 5. Compulsory Textbook Marketing: an introduction – an Asian perspective, (2006), Kotler, Armstrong, Da Silva, Prentice Hall 6.Costing Model in ERP None 7. Assessment The distribution of the course assessment is as follows: Attendance records………………………………………………………… 10% Group works…………………………………………………………………30% Final examination………………………………………………………… 60% 8. Assignments The market research report – which should be handed in before 6th week 9. Subject Outline Week 1 Weekly topic & key points Introduction of marketing • • • Identify the five core marketplace concepts, and define marketing Discuss the marketing management orientations. Describe the major trends and forces that are changing the marketing landscape in this new age of relationships. • Explain company strategic planning, and describe the elements of a customer-driven marketing strategy and mix Page 3 of 6 2 Market environment analysis • • • 3 Marketing research • • • 4 • • • • • • • Understand the consumer market and the major factors that influence consumer buyer behavior Identify and discuss the stages in the buyer decision process Define the business market and identify the major factors that influence business buyer behavior List and define the steps in the business buying decision process. Understand the consumer market and the major factors that influence consumer buyer behavior Identify and discuss the stages in the buyer decision process Define the business market and identify the major factors that influence business buyer behavior List and define the steps in the business buying decision process. Marketing strategy • • • • 6 Define the marketing information system and discuss its parts Outline the steps in the marketing research process Identify the different marketing research approaches and their characteristics Consumer & business buying behaviour • 5 Describe the major forces of company’s microenvironment (company itself, suppliers, marketing intermediaries, customers, competitors, publics) Describe the major forces of company’s macroenvironment (demographics, economics, nature, technology, politics, culture) Discuss how companies can react to the marketing environment Define the three steps of target marketing: market segmentation, market targeting, and market positioning List and discuss the major bases for segmenting consumer markets Explain how companies identify attractive market segments and choose a target marketing strategy Discuss how companies position their products for maximum competitive advantage in the marketplace Marketing mix – product Page 4 of 6 • • • • • • • • 7 Marketing mix – price • • • • • 8 Identify and explain the external and internal factors affecting a firm's pricing decisions. Contrast the three general approaches to setting prices. Describe the major strategies for pricing imitative and new products. Explain how companies find a set of prices that maximizes the profits from the total product mix. Discuss how companies adjust their prices to take into account different types of customers and situations. Marketing mix – promotion • • • • • • 9 Define product and the major classifications of products Explain the product mix decisions companies make when developing product lines and mixes. Define brand and major brand decisions Discuss Options and tactics for brand elements Discuss Criteria for choosing brand elements Discuss decision of brand sponsorship Discuss the decision of brand development strategies Identify the steps of new product development process Discuss the process and elements of integrated marketing communications Describe and discuss the major decisions involved in developing an advertising program Discuss the major sales promotion tools Discuss the major public relations tools Identify and explain the six major sales force management steps. Define direct marketing and discuss its major tools Marketing mix – place • • • • • Page 5 of 6 Discuss how marketing channel works and processes of consumer and business marketing channels Explain how companies select, motivate, and evaluate channel members. Describe the major types of retailers Identify the major types of wholesalers Explain the marketing decisions facing retailers and wholesalers • • • • • Discuss how marketing channel works and processes of consumer and business marketing channels Explain how companies select, motivate, and evaluate channel members. Describe the major types of retailers Identify the major types of wholesalers Explain the marketing decisions facing retailers and wholesalers Extend marketing…… • • • • • • • Identify the major modes of transactions Identify the major forces shaping the new digital age Discuss the different marketing strategies in digital age Discuss how the international trade system, economic, political-legal, and cultural environments affect a company’s international marketing decisions Identify the global marketing decision process Identify the major social criticisms of marketing Identify the major social criticisms of marketing WHERE TO FIND INFORMATION to help you with your assignments ? China Marketing http://www.yao365.com China marketing communication http://www.emkt.com.cn/ China marketing planning http://www.d1588.com/index.asp You can get access to a wide collection of statistics from the following websites: merican Marketing Association Page 6 of 6 http://www.marketingpower.com/ Marketing Strategy http://marketing.about.com/ The Chartered Institute of Marketing http://www.cim.co.uk/home.aspx Page 7 of 6