BA 655 – MARKETING MANAGEMENT (SPRING 2013) Thu 7:00pm – 9:40pm, EBA-339 Prof. Claudiu V. Dimofte Office: SSE-3106 • 619.594.0209 • cdimofte@mail.sdsu.edu Office Hours: Thu 5:00-6:00pm and by appointment COURSE OVERVIEW The course examines the managerial process associated with the identification, understanding, and resolution of marketing issues in contemporary organizations. Relevant theoretical and quantitative tools are addressed within a decision-making general framework that puts the marketing function at the center of an organization’s strategic direction. As a business philosophy with a focus on the customer, marketing is a general responsibility to be shared across company management and not the mere domain of marketing specialists. It is a skill relevant to all careers concerned with organizational strategy, and this course attempts to give students a good grasp and understanding of the basic marketing management issues involved. The course offers students the chance to build their skills and knowledge in an environment that encourages critical thinking and insight; no student should feel uncomfortable sharing an opinion. We will work together to help you understand the strategic role of marketing and its functional concerns; to sharpen your decision-making and analytical skills in applied organizational settings; and to create a forum for open debate and critical examination of peers’ insights and analyses. As marketers, you will need to understand consumer needs and behaviors, create and provide superior customer value, and ensure positive financial returns for the firm. In the process, you should be able to implement strategies that account for the latest social and economic trends (e.g., new technologies, globalization, etc.). As a survey course intended to provide an overview of marketing concepts and tools, the class material will by necessity favor breadth over depth of coverage. Students interested in pursuing marketing careers should follow up this class with other courses offered by the SDSU Marketing Department. LEARNING OBJECTIVES At the end of this course each student should be able to: Analyze markets and customers utilizing primary and secondary sources of information. Understand the importance of customers and perform their financial valuation for the firm. Define and apply knowledge of key concepts (e.g., market segmentation, positioning, etc.). Identify the marketing mix elements and explain how they are integrated into a comprehensive plan. Explain the value of building a successful brand and the necessary steps required to accomplish it. List and describe the elements of an Integrated Marketing Communications program and discuss how to assure synergy from one communications tool to another. CLASS MATERIALS Required Text: Kotler & Keller – Marketing Management, 14e, Prentice Hall 2012 Required Cases and Readings: BA 655 Course Pack Required Class Website: Blackboard. Suggested Readings: Wall Street Journal, Financial Times, The Economist, Ad Week, Brand Week. INSTRUCTION METHOD The class will be taught as a combination of lecture and discussion, with a strong focus on the case method. It is designed as an interactive and participative environment, with open debate of others’ ideas and insights. Lectures will emphasize key concepts from the assigned readings and provide guidance in applying them to practical situations. Students are expected to be familiar with the assigned readings before class. The class exercises and case studies will reinforce concepts covered by the assigned readings and presented during lectures. Students are expected to prepare for each class session and fulfill all assigned tasks (written or oral assignments). The class will be quite demanding on your study time, so try not to fall behind. I expect you to act as responsible students in one of California’s top business schools. Class attendance is very strongly encouraged, for multiple reasons. First, contribution to class discussions will be a large part of student evaluation. Second, a variety of video materials will be presented and handouts will be distributed during many class sessions. Please try to keep up with the class readings and assignments, and come talk to me as soon as you have any questions or problems with the course work. GRADING Student work in and outside the classroom will be evaluated along the following dimensions: Class Contribution (nota bene: not mere attendance or participation!) 20% Group Case Study Write-ups (2 x 10% each) 20% Individual Case Study Write-up (2 x 10% each) 20% Group Marketing Plan 20% Final Exam 20% Basic evaluation criteria for contribution involve the frequency and quality of your involvement in class discussions: your contributions should be relevant, coherent, and insightful. Case analyses will be evaluated based on your ability to identify the specific problem at hand, to develop strategic and actionable plans addressing it, and to account for the likely benefits and potential drawbacks of your solution. The final exam will assess your understanding of the conceptual and analytical tools covered in the course. Detailed expectations regarding appropriate student performance for the case analyses and the final exam will be provided prior to my assigning write-ups and administering the exam. The class is graded on a curve; however, consistently poor performance will likely result in failing the class. Assignments are due at the start of the class session, as listed in the enclosed schedule. Late assignments and missed exams will receive a grade of zero; please discuss with me in advance any conflict you may have. ADMINISTRATIVE POLICIES Students are expected to exhibit academic behavior consistent with the highest ethical standards. There are several team assignments in the course wherein all members of the team are expected to contribute their fair share to the assignment. All other work should be performed and will be evaluated on an individual basis. Any plagiarism, joint work on individual projects, or other violations of academic integrity must and will be reported to the school’s administration. Your behavior and language should also befit a graduate student. Please avoid class disruptions of any kind (including late arrivals). COURSE SCHEDULE The following is a tentative schedule that may suffer changes at various times during the semester. These changes will be announced in class, but also check the course website on Blackboard regularly for updates. Date Topic THE MARKETING CONCEPT Read K & K Ch. 1: p. 2-31 Course website on Blackboard 1/17 COMPETITIVE ADVANTAGE K & K Ch. 2: p. 32-65 UNDERSTANDING THE MARKET K & K Ch. 3: p. 66-95 IDENTIFYING OPPORTUNITIES K & K Ch. 11: p. 318-320 UNDERSTANDING VALUE K & K Ch. 5: p. 124-127 CP Case: Priceline.com: Name Your Own Price 1/24 1/31 Guest Speaker TBA CAPTURING VALUE K & K Ch. 11: p. 298-317 UNDERSTANDING THE CUSTOMER K & K Ch. 6, 7: p. 151-211 MARKETING RESEARCH K & K Ch. 4: p. 96-121 CUSTOMER RELATIONSHIP MGMT. K & K Ch. 5: p. 128-149 2/21 MARKET SEGMENTATION K & K Ch. 8: p. 213-239 2/28 MARKETING PLAN WORKSHOP 3/7 TARGETING & POSITIONING K & K Ch. 10: p. 275-297 NEW PRODUCT DEVELOPMENT K & K Ch. 11: p. 310-318 K & K Ch. 20: p. 567-593 PRODUCT STRATEGY K & K Ch. 12, 13: p. 325-381 BRANDING K & K Ch. 9: p. 241-272 PRICING K & K Ch. 14: p. 383-413 MARKETING CHANNELS K & K Ch. 15, 16: p. 415-472 INTEGR. MKTG COMMUNICATIONS K & K Ch. 17: p. 475-500 2/7 Prepare CP Case: Zipcar: Influencing Customer Behavior (IWD) CP Case: The Coop: Marketing Research 2/14 3/14 3/21 CP Case: Fashion Channel: Market Segmentation (GWD) CP Case: Clean Edge Razor: Splitting Hairs in Product Postioning CP Case: Aqualisa Quartz: Simply a Better Shower (IWD) CP Case: Culinarian Cookware: Pondering Price Promotion 3/28 CP Case: MedNet.com Confronts ‘Click-Through’ Competition (GWD) 4/4 NO CLASS (SPRING BREAK) 4/11 MASS COMMUNICATIONS K & K Ch. 18: p. 503-533 Creative advertising K & K Ch. 19: p. 535-565 Guest Speaker TBA PERSONAL COMMUNICATIONS 4/18 SOCIAL MEDIA 4/25 THE GLOBAL MARKET K & K Ch. 21: p. 595-619 5/2 MARKETING PLAN PRESENTATIONS (GWD) 5/9 FINAL EXAM CP Case: Alpen Bank: Launching the Credit Card in Romania K & K = Kotler & Keller textbook; CP = Course Pack; TBA = to be announced; IWD = Individual Write-up due; GWD = Group Write-up due.