Global Marketing Course Status:Compulsory Credits:2 Total Credit Hours:36 Prerequisite:Marketing Management Compiler/Reviser: Fang Wu Date:2018.9 一、Course Description and Objectives This course introduces the students the marketing principles in the context of the emerging global environment. Topics include the environment of international marketing, beginning international marketing activities, global strategic planning, global market expansion, global product and brand management, global services marketing, global pricing strategies, global logistics and supply chain management, global promotional strategies, global marketing organization, implementation and control. Objectives: 1. To understand the main differences between domestic marketing and global marketing. 2. To learn to apply the global marketing theories in real business situations. 二、 Course Outline Lecture 1 Introduction to Global Marketing Overview of marketing; Global marketing: What it is and what is isn’t; the importance of global marketing; Management orientation Lecture 2 Global Economic, Social and Cultural Environments Economic environment; Society, culture, and global consumer culture; High and low context cultures; Hofstede’s cultural typology; Self-reference criterion and perception; Diffusion theory; Marketing implications of social and cultural environments Lecture 3 Global Information Systems and Market Research 1 Global Marketing Information technology for global marketing; Information subject agenda and environmental scanning modes; Source of market information; Formal marketing research Lecture 4 Global Market Entry Strategies Licensing; Investment; Global strategic partnerships; Cooperative strategies; Market expansion strategies Lecture 5 Importing, Exporting, and Sourcing Organizational export activities; National policies governing exports and imports; Tariff systems; Key export participants; Organizing for exporting in the manufacturer’s country; Organizing for exporting in the market country; Export financing and methods of payment; Sourcing Lecture 6 Segmentation, Targeting, and Positioning Global market segmentation; Assessing market potential and choosing target markets or segments; Product-market decisions; Target market strategy options; Positioning Lecture 7 Product and Brand Decisions Basic product and brand concepts; Country of origin and brand element; Packaging; Product warranties; Extend, adapt, create: Strategic alternatives in global marketing; New product in global marketing Lecture 8 Pricing Decisions Basic pricing concepts; Global pricing objectives and strategies; Environmental influences on pricing decisions; Global pricing: Three policy alternatives; Gray market goods; Dumping; Transfer pricing Lecture 9 Global Advertising Integrated Marketing Communications; Four Components of Global Advertising; Standardization vs. Adaptation. Lecture 10 Global Marketing Channels and Physical Distribution 2 Global Marketing Channel objectives; Distribution channels: Terminology and structure; Establishing channels and working with channel intermediaries; Global retailing; Innovation in global retailing Lecture 11 Global Marketing Communications Decisions Public relations and publicity; Sales promotion; Personal selling; Special forms of marketing communications: Direct marketing, event sponsorship, etc. 三、 Form of Teaching Lecture, Presentation and Discussion 四、 Assessment Method Attendance 10% Class Participation* and Group Leading Discussion** 40% Final Project*** 50% Total 100% Notes: *Class participation includes answering questions in class, interpreting cases, your class attitudes and behavior; this part will, to a great extent, determine your final performance. Students who are good at this point will be marked and given extra marks for the final evaluation. Those who do not respond to questions in class or refuse to answer will also be marked and will suffer various extents of mark deduction (from 5% to 20%). Meaning: You must respond to questions in class; otherwise you lose marks. ** Each group is required to lead one class discussion to answer questions (including case questions) assigned by the instructor the week before discussion. Failure to do so will cause a 20% deduction from the final mark. After class discussion, the leading group is required to submit a report containing answers to the questions discussed no later by the end of the next week of class discussion. Evaluation will be given by the instructor depending on how well the questions are answered and the organization style of leading the class to discuss. 3 Global Marketing 五、 Class Disciplines 1. No cell-phones! 2. No wandering within the classroom during class. 3. No eating. 4. No talking without permission. 六、 Email Format 1. Begin with “Dear Professor Wu,” or “Dear Dr. Wu,” 2. End with “Best regards” 3. Write your full name by the end of the email. 八、Textbook: Keegan, Warren J. & Green, Mark C. (2016), Global Marketing, Prentice Hall. Reference Books: 1. Czinkota, M. R. & Ronkainen, I. A. (2004). International Marketing, 7 Ed. South-Western, Thomson. 2. Johansson, J. K. (2003). Global Marketing, 4 Ed. McGraw-Hill Irwin 3. Terpstra, V. & Sarathy, R. (2000). International Marketing, 8 Ed. The Dryden Press, Thomson. Note: The instructor reserves the right to reasonably adjust the syllabus. 4