UNIVERSITY OF KENT MODULE SPECIFICATION 1. Title of the module KBC306: Marketing Intelligence 2. School which will be responsible for management of the module Kent Business School 3. Start date of the module September 2011 4. The cohort of students (onwards) to which the module will be applicable 2011-2012 5. The number of students expected to take the module 25 6. Modules to be withdrawn on the introduction of this proposed module and consultation with other relevant Schools and Faculties regarding the withdrawal This module will be identical to, and will replace the current Edexcel NQF HND Business module. 7. Level of the module (e.g. Certificate [C], Intermediate [I], Honours [H] or Postgraduate [M]) (C) 8. The number of credits which the module represents 15 Credits 9. Which term(s) the module is to be taught in (or other teaching pattern) Year 1 10. Prerequisite and co-requisite module N/A 11. The programme(s) of study to which the module contributes HND Business (Marketing), HND Business (Law), HND Business (Finance), HND Business (Human Resource Management), HND Business (Retail Management). 12. The intended subject specific learning outcomes and, as appropriate, their relationship to programme learning outcomes A learner must: 1. Explore and evaluate buyer behaviour and the purchase decision-making process (b5, b8, d1) 2. Identify the nature and purpose of marketing information and marketing research requirements (a1, c6, d4) 3. Assess current and potential market size and demand (a4, b3, d3) 4. Discuss the importance of customer satisfaction and feedback (a8, c2, c8, d4) 13. The intended generic learning outcomes and, as appropriate, their relationship to programme learning outcomes Following this module a learner will develop: a) Ability to identify and knowledge of, underlying concepts and principals (a1, a4) 1 UNIVERSITY OF KENT b) c) Ability to present, evaluate and interpret qualitative and quantitative data (c3, c5, d1, d4) Critical thinking skills (a3, b3, c4, d1, d3) 14. A synopsis of the curriculum 1 Buyer behaviour and the purchase decision-making process Customers and markets: purchase decision-making process, buying situations and types of buying decision, dimensions of buyer behaviour Buyer behaviour: influences on buyer behaviour, stimulus response models, models of purchase behaviour, diffusion and innovation, model unitary and decision-making units Buying motives: psychological factors, socio-psychological factors, sociological factors, economic factors and cultural factors influencing customer behaviour, lifestyle and lifecycle factors, customer and prospect profiling Branding: relationship between brand loyalty, company image and repeat purchase 2 Marketing information and marketing research techniques Market research: role and importance of marketing research, research process, objectives, issues relating to the use of primary and secondary data sources and methods, existing sources of primary and secondary market research, internal sources, external sources, competitor data and sources and customer data, ethics Market research companies: benefits and limitations of use, cost, reliability and types Research techniques: stages of the market research process, research proposals, use of qualitative and quantitative methods, use of surveys, sources of information, value and interpretation of data Types: face-to-face, telephone/postal, electronic, focus groups, depth interviews, omnibus surveys, psychological research, mystery shoppers, sales, price and distribution research Reliability of research: validity, sampling process, sample size, sample and interviewer bias, methods of recruitment Researching developing and established markets: issues associated with researching developing as well as the established consumer, industrial and service markets Use of research data: research data supporting marketing planning, producing actionable recommendations, evaluating research findings for business decision making 3 Market size and demand Measuring: defining the market, estimating total market size, value and volume, growth and trends, forecasting future demand Competitive analysis: competitor analysis - market/product profiles of competition, brand and market share, characteristics of the competition - market innovator/follower, objectives of the competition, strategies of the competition, strengths and weakness of competition, future behaviour of the competition and their strategic intent 4 Customer satisfaction and feedback Measuring customer satisfaction: post-sale surveys, guarantees, complaint handling and suggestion systems, ‘mystery’ shopping, product placement, service agreements, customer follow-up 2 UNIVERSITY OF KENT Customer care: customer care programmes, objectives, use and value in data collection, customer care as a means of adding value and influencing purchase/repeat purchase behaviour, customer retention 15. Indicative Reading List Indicative Textbooks Burns A C and Bush R F, Marketing Research: Online Research Applications, 3rd edition, Prentice Hall, 2000, ISBN: 0130351350 Chisnall P, Marketing Research, 6th edition, McGraw Hill, 2001, ISBN: 0077097513 Crouch S and Housden M, Marketing Research for Managers, 3rd edition, Butterworth Heinemann, 2002, ISBN: 0750604883 Wilson A, Marketing Research: An Integrated Approach, FT/Prentice Hall, 2002 Journals and newspapers Campaign The Financial Times and other daily newspapers which contain a business section and market reports International Journal of Market Research Marketing Marketing Business Marketing Review Marketing Week Websites www.acnielsen.co.uk website of A E Nielsen, marketing information company www.cim.co.uk The Chartered Institute of Marketing www.eiu.com The Economist Intelligence Unit www.euromonitor.com, provides market analysis 16. Learning and Teaching Methods, including the nature and number of contact hours and the total study hours which will be expected of students, and how these relate to achievement of the intended learning outcomes Each HND Business module accrues 15 credits and equates to a total learning time of 150 hours. Students will be expected to undertake approximately 105 hours of independent study, including required reading, study, research and completing assignments. There will be a total of 45 hours class contact time. This will involve a combination of lectures, exercises and learning activities. Students are expected to be active participants in discussions, activities and presentations. The application of theory to practice is an essential element in the development of the students and will be fostered and enhanced by the practical application of theory to work place related events. 17. Assessment methods and how these relate to testing achievement of the intended learning outcomes Method of assessment Individual Report Learning Outcome Subject Specific Learning Outcomes 1. Explore and evaluate buyer behaviour and the purchase decision-making process 3 Weigh ting 40% Words length 1500 Words Outline details Students will complete an individual report equivalent to 1500 words that will UNIVERSITY OF KENT 2. Identify the nature and purpose of marketing information and marketing research requirements require them to understand the range of topics covered within this module. Generic Learning Outcomes a) Ability to identify and knowledge of, underlying concepts and principals b) Ability to present, evaluate and interpret qualitative and quantitative data c) Critical thinking skills Individual Report Subject Specific Learning Outcomes 3. Assess current and potential market size and demand 4. Discuss the importance of customer satisfaction and feedback Generic Learning Outcomes a) Ability to identify and knowledge of, underlying concepts and principals c) Critical thinking skills 60% 2500 Words Students will complete an individual report equivalent to 2500 words that will require them to understand the range of topics covered within this module. 18. Implications for learning resources, including staff, library, IT and space This is an existing programme module, implications are identical with current programme maintenance requirements. 19. The Collaborative Partner recognises and has embedded the expectations of current disability equality legislation, and supports students with a declared disability or special educational need in its teaching. Within this module we will make reasonable adjustments wherever necessary, including additional or substitute materials, teaching modes or assessment methods for students who have declared and discussed their learning support needs. Arrangements for students with declared disabilities will be made on an individual basis, in consultation with the Collaborative Partner’s disability/dyslexia support service, and specialist support will be provided where needed. 20. Partner College: Canterbury College 21. University School (for cognate programmes) or Faculty (for non-cognate programmes) responsible for the programme: University of Kent Business School SECTION 3: MODULE IS PART OF A PROGRAMME IN A PARTNER COLLEGE OR VALIDATED INSTITUTION 4 UNIVERSITY OF KENT (Where the module is proposed by a Partner College) Statement by the Nominated Officer of the College/Validated Institution "I confirm that the College has approved the introduction of the module and will be responsible for its resourcing" ................................................................. Nominated Responsible Officer of Partner College …………………………………………………. Print Name ………………………………………………….. Post …………………………………………. Partner College/Validated Institution Module Specification Template Last updated July 2010 5 .............................................. Date