MARKETING International Business School Shanghai University of Finance and Economics 2009 Spring Lecturer: Dr. Lou zun Email: zunl@yahoo.com Course Time / Location: Wednesday 10:05-11:45 / 1402;13:20-15:00/ 1205 Office Room: Hong-wa Building #119 Office Time: Tuesday 9:00-11:00 Course objectives This course is designed to introduce students to the field of marketing and the role and function it plays in organizational survival and in our society as a whole. We will examine the different components of marketing including planning and research; market segmentation; consumer behavior; e-commerce; product development and management; distribution; promotion, pricing, and service. The course offers an overview of basic marketing concepts, terminology, practices, and operations. Attention is also given to international marketing; ethical and social responsibility aspects of marketing; the importance of relationship marketing; and legal and technological trends and innovations and their implications for the role of marketing. Subject learning outcomes On completion of the course, students are expected to be able to: 1. Gain knowledge and understanding of terms used in marketing; 2. Be able to apply marketing principles in specific situations; 3. Be able to analyze specific situations by identifying their portions relevant to marketing; 4. Be able to apply analytical concepts and techniques relevant for marketing decision making focusing on creating, capturing , and sustaining customer value. 5. Be able to evaluate the role and scope of marketing in society. Required text and readings Philip Kotler, Gary Armstrong (2008), Principle of Marketing,13 th Edition, Prentice Hall. Performance evaluations Assignment and participation (40%) News in marketing 20 Survey 60 Class participation 20 Final Exam (60%) 100 Total(100%) 100 Assignments 1. There is one assignment that will be completed during the semester by teamwork. In the assignment, each team will lead a market survey (the research problem offered). You will also 1 be responsible for writing a report and giving a short presentation to the class that highlights the key aspects of your findings. Class participation Class participation is expected and is essential for success in the course. The benefits of the course can only be realized when students share their views with the class. Class participation grades will be based on each student’s contribution to the class learning experience. During the semester, we will be doing a number of in-class activities involving the application of marketing concepts as well as discussing several cases (time permitting). Preparation for cases as well as participation in case and activity related discussions during class will play a significant role in determining class participation grades. Bringing in real world examples from outside reading and sources that highlight marketing concepts is necessary to gain the marks of class participation. The following are guidelines concerning how you should think about class participation. They will be my criteria for evaluating your participation during the semester. Content understanding and integration – Do you follow the flow of class discussion and build on others’ ideas? When you do not understand something, do you ask questions? Are you an active participant in in-class group case analysis and discussion? Creativity – do you generate your own insights and applications? Curiosity and interest—What degree of curiosity, interest, and enthusiasm do you bring to the classroom? Are you in class every day in order to fully participate? 2 Course Schedule* WK 1 DATE 2/18 TOPIC Introduction: Understanding marketing Course introduction What is marketing? Basic concepts of marketing Marketing management philosophies READING/ASSIGNMENT Chapter 1 Case study:Build-A-Bear 2 2/25 Company marketing Strategy:Partnering to build customer relationship Defining marketing’s role Understanding marketing process Building relationship with customer Marketing strategy Measuring and managing return on marketing investment Chapter 2 3 3/4 Understanding Marketing Environments Marketing Macro-environments Marketing Micro-environments Marketing and society Chapter 3 Chapter 20 (skim) Case study: Prius: Leading a Wave of Hybrids 4 3/11 Understanding consumer through marketing research Marketing research Consumer markets Chapter 4 (Page131-153, skim) 5 3/18 Understanding Buyer’s behaviors Factors influenced CB Purchasing process analysis Chapter 5 Chapter 6 Case study: Victoria’s secret Pink 6 3/25 Developing marketing opportunity: Identifying the customer value Market segmentation Targeting Positioning for CA Chapter 7 Shaping marketing offerings: creating the customer value Marketing mix Chapter 8 Case study: ESPN The evolution of an entertainment 7 4/1 Case study:Saturn: an image makeover 3 Product and service Branding product Brand extension 8 4/8 Shaping marketing offerings: creating the customer value (2) Product Life Cycle New product development Chapter 9 9 4/15 Shaping marketing offerings: creating the customer value (3) Service Service profit chain Chapter8 Case study: Southwest Airlines: Staying ahead in the service game 10 4/22 Shaping marketing offerings : creating the customer value (4) pricing considerations pricing approaches Chapter 10 11 4/29 Shaping marketing offerings: creating the customer value (5) Pricing strategy coordination of pricing and other elements in marketing mix Chapter 11 Case study: Southwest Airlines(2): Staying ahead in the pricing game 12 5/6 Making the offering available: Delivering the customer value Channels design and management Vertical Marketing System Wholesaling and Retailing Chapter 12-13 Case study: Zara 13 5/13 Promoting the offerings: Communicating the value Mass & personal communication Integrated marketing communication Effective communication process Chapter 14 14 5/20 Promoting the offerings: Communicating value (2) Ad Sales promotion Chapter 15 15 5/27 Promoting the offerings: Communicating values(3) Chapter 16 Case study: P&G 4 Sales management Public relations 16 6/3 Promoting the offerings: Communicating values (4) Direct marketing Online marketing Chapter 17 17 6/10 Sustainable Marketing: Social responsibility and ethics Social criticism of marketing Consumer actions to promote sustainable marketing Business actions toward sustainable marketing Chapter 20 Case study: ExxonMobile: Social responsibility in c commodity marekt * This Schedule can be changed according your plan of case-study and other needs. 5