COURSE: PRINCIPLES OF MARKETING (MGT 301) SYLLABUS I. Understanding Marketing and the Market Process: Definitions. Marketing Management and Marketing Management Philosophies. The Goals of the Marketing System. Strategic Planning and the Marketing Process. The Marketing Management Process and the Marketing Environment. II. Analyzing Market Opportunities: Market Research and Information Systems. Consumer Markets & Influences on Consumer Behavior. III. Selecting Target Markets: Market Segmentation. Targeting and Positioning for Competitive Advantage IV. Developing the Marketing Mix: Designing Products: Product Life Cycle Strategy. Pricing Products: Pricing Strategies. Placing Products: Distribution Channels. Retailing and wholesaling. Promoting Products: Marketing Communication Strategy, Advertising, Sales Promotion and Publicity Core Reading List: 1. William J Stanton, Michael J. Etzel, Bruce J Walker. Fundamentals of Marketing COURSE: PRINCIPLES OF MARKETING (MKT 301) Course Objective: To familiarize students with the importance of marketing in the ever challenging environment. To emphasize the role of marketing in the business environment and helping students to learn and apply the basic concepts and practices of modern marketing as they are used in a wide variety of settings: in product and service, consumer and business markets, profit and non-profit organizations and global companies Teaching Strategy: The course will focus mainly on theory and one specific textbook will be used. Classroom lectures, case analysis, WAC (written analysis of cases), assignments/research work, quizzes and questions and answer sessions will be held to sharpen the students’ analytical and conceptual skills on the preceding lecture. Final Assessment Criteria: Final Exam Mid Term Project Report Quizzes Assignment, Class Participation, Presentation, WAC 30% 20% 10% 10% 30% COURSE: PRINCIPLES OF MARKETING (MKT 301) LECTURE SESSIONS 1. Field of Marketing 2. Field of Marketing 3. Dynamic Marketing Environment 4. Strategic Marketing Planning 5. 6. 7. 8. 9. Strategic Marketing Planning Marketing Research Marketing Research Consumer Markets Business Markets 10. Business Markets 11. Target Marketing and Segments 12. Mid-Term Exam 13. Target Marketing and Segments 14. Product Planning 15. Product Planning/Mix 16. Product-Mix Strategy 17. Branding 18. Assignment 4 (presentations) 19. Distribution 20. Retailing and Wholesaling 21. Promotion 22. Assignment 5 (presentations) 23. Promotion 24. Promotion 25. Pricing 26. Pricing 27. Pricing 28. Final Exam DISCUSSION SESSIONS Q & A Session Case Study – Trader Joe’s Q & A Session WAC 1: Google Quiz # 1 Assignment 1 (presentations) Assignment 1 (presentations) WAC 2 Enterprise Rent-A-Car WAC 3: Coke vs Pepsi Assignment 2 (presentations) Quiz # 2 Assignment 2 (presentations) WAC 4: The Gap Mid-Term Exam Assignment 3 (presentations) Assignment 3 (presentations) WAC 5: Kodak Quiz # 3 WAC 6: Nintendo versus Sony versus Microsoft Assignment 4 (presentations) Term Project Discussion WAC 7: Target Corp. Article Assignment 5 (presentations) Quiz # 4 WAC 8: Nike Q & A Session Term Project Presentation Term Project Presentation Final Exam Term Project The term project will encompass the entire course. The students will be asked to choose a consumer product from the local market and give a detailed report covering the following topics: The product itself Marketing Research Branding Market Segmentation Target market demographics, psychographics Target Strategies Competition SWOT Analysis BCG Matrix Product Life Cycle Distribution Advertising Pricing