PRINCIPLES OF MARKETING—3350—HONORS SECTION

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INTRODUCTION TO MARKETING—3350—COMPREHENSIVE SYLLABUS – Spring, 2015
ALAN WHITEBREAD
OFFICE—W358
Phone: 742-1963
HOURS— Usually M, W 9-10, 11-11:30 and 2-5, or by appointment.
E-Mail: alan.whitebread@ttu.edu
ALWAYS INCLUDE WHAT CLASS YOU ARE IN!
Web site : http://awhitebread.ba.ttu.edu
TEXT – Marketing, 5TH Edition [paperback] or 10th Edition [hardback] – Connect Plus is not needed, Kerin-Hartley-Rudelius, McGraw-Hill
Irwin. It should be available at the college bookstores, online, or other places that carry college textbooks. Earlier editions may
be used – the chapter titles will generally align with the syllabus but the chapter numbers and pages will not.
COURSE DESCRIPTION / OBJECTIVES AND ORGANIZATION
This course will provide a comprehensive review of the major basic aspects and concepts in marketing. There will be a mix of theory and actual business
applications of the theory. The student will demonstrate application of all major theories through interactive class participation, exams, and quizzes. The
course will provide a fundamental framework for marketing. From there, it will logically proceed through all the steps required to successfully develop an
idea into a product/service market launch using a model that is acceptable to most external funding sources. Sources of information will include the
textbook, class lectures and notes, current events, handouts, selected items on the web, postings on http://awhitebread.ba.ttu.edu, and library resources.
EXPECTED LEARNING OUTCOMES
At the end of the course, students will be able to:
 Identify and describe current marketing thought and significant trends;
 Explain how marketing provides benefits to firms, employees, consumers, and stakeholders of all types;
 Identify and use basic marketing management concepts;
 Analyze the different types of marketing approaches and when each should be used;
 Evaluate and explain why marketing is the hub of the business wheel; and
 Be able to select and apply key marketing concepts to situations in multiple countries.
METHODS FOR ASSESSING EXPECTED LEARNING OUTCOMES
The final grade will be based on demonstrating competence in the exams. The best four of five exams including the final will be 100% of the final grade
(25% each). Tests may cover all materials since the previous test including the text, lectures, discussions, articles and readings, web sites, and current
events. Lectures will expand on the materials listed in the syllabus. The following grade scale applies.
A = 81% and above B = 74% to 80% C = 67% to 73% D = 60% to 66% F = below 60%
All students should be prepared to answer random questions in class—failure to do so could negatively affect their grade. Attendance is
required and the student is expected to be on time. If you miss a class you need to get good lecture notes from a classmate. The student will
find the course quite difficult if any classes are missed. All assignment dates are detailed on the syllabus and the student bears total
responsibility for complying with the requirements of the course. Late or make-up exams will not be given. If you miss a test you will receive a
0. No extra credit will be allowed. Grades will be available online. Grades will only be discussed in person in my office.
Students will find the tests quite difficult if any classes are missed, vocabulary is memorized but not learned, slides and notes are not studied
in detail, and the book is not reviewed.
WITHDRAWALS
A student will receive a WP [withdraw passing] only if they have a D or better in the course at the time of withdrawal.
CLASS CONDUCT
Standards of academic honesty will be observed in accordance with TTU policy, as detailed in Operating Policy 34.12. Special accommodations to students with disabilities
will be made, as detailed in Operating Policy 34.22. Student absences for the observance of religious holy days will be allowed, as detailed in Operating Policy 34.19.
CIVILITY IN THE CLASSROOM
Students are expected to assist in maintaining a classroom environment conducive to learning. In order to assure that all students have an opportunity to gain
from time spent in class, unless otherwise approved by the instructor, students are prohibited from using beepers, cellular phones, headphones, iPODs,, pagers,
or other electronic devices, eating or drinking, making offensive remarks, reading newspapers, sleeping, or engaging in any other form of class distraction. You
may use a computer only to take lecture notes in my classes but it will be hard to keep up. Students that take hand-written notes on the partial slides I provide
usually do quite well in my classes. Inappropriate behavior in the classroom shall result in, minimally, a request to leave class.
ADA SYLLABUS STATEMENT
Any student who, because of a disability, may require special arrangements in order to meet the course requirements should contact the instructor as soon as possible to
make any necessary arrangements. Students should present appropriate verification from Student Disability Services during the instructor’s office hours. Please note
instructors are not allowed to provide classroom accommodations to a student until appropriate verification from Student Disability Services has been provided. For additional
information, you may contact the Student Disability Services office in 335 West Hall or 806-742-2405.
INTRODUCTION TO MARKETING—3350—COMPREHENSIVE SYLLABUS – Spring, 2015
There may be changes to this syllabus during the semester. Any such changes or revisions will be mentioned in class and will be on the syllabus in
bold red font. Other items are license from the copy center, articles, recommended websites, or from lectures. Each ARTICLE and chapter
[Chapter – Paraphrased chapter title] should be read before the class period.
Date(s)
Subject(s)
1/16
1-MARKETING—THE HUB OF THE WHEEL & CONNECTING WITH CUSTOMERS [Chapter 1 – Creating Customer
Relationships and Value]

Marketing environment; marketing mix; lifetime value; needs and wants; types of markets; concept of value; marketing
eras; the marketing concept; marketing ethics; planning and the firm
1/21 & /23
2-STRATEGIC PLANNING, CORPORATE GOALS, & CORE COMPETENCIES [Chapter 2 – Developing Successful
Marketing Strategies]

Organizations; business portfolio; core competency; SBU; key success factor; marketing myopia, BCG, GE strategy
analysis; hedgehog analysis; red/blue ocean strategy; SWOT, & competitive advantage of the firm
1/14
INTRODUCTION TO THE COURSE - Syllabus review and how marketing affects you

ARTICLE – Your Company Strategy in Pictures http://hbswk.hbs.edu/archive/3020.html
1/26 & 1/28
3-MARKET SCANNING & ETHICS [Chapter 3 – Understanding the Marketing Environment, …]

Demographics; basic economics; 5 forces model; regulation; ethics of competition
1/30 & 2/2
4-CONSUMER MARKETING: MARKETS & BUYER BEHAVIOR [Chapter 4 – Understanding Consumer Behavior]

Consumer buyer behavior; the purchase decision process; cognitive dissonance; classification of consumer products;
types of buying decisions; Maslow’s hierarchy of needs; consumer behavior – individual and family
2/4
TEST #1
2/6 & 2/9
5-BUSINESS MARKETING: MARKETS & BUYER BEHAVIOR [Chapter 5 – Understanding Organizations as
Customers]

Supply chain concept; B2B marketing; business buyer classification; business market complexity; NAICS; comparison
of B2B and B2C markets; classifications of business products; aspects of demand; bull-whip effect; product & quality
standards and systems; organizational buyers; negotiations; government procurement
2/11 & 2/13
6-MARKET RESEARCH ETHICS AND INFORMATION SYSTEMS [Chapter 7 – Marketing Research]

Market research process; perspective and framing issues; research types; data and its use; types of samples; scales of
measurement; types of statistics; elements of questions and answer sets; problems with questions and answers; data
mining; mathematical and statistical methods for business analysis
2/16 & 2/18
7-MARKET SEGMENTATION AND TARGET MARKETING [Chapter 8 – Market Segmentation, Targeting, and
Positioning]

The what, why, and how of segmentation; a multi-step process; consumer segmentation methods; VALS and PRIZM;
business market segmentation; target market segments criteria; market coverage strategies; Kotler’s 5 tests
2/20 & 2/23
8-DIFFERENTIATION and POSITIONING [also in Chapter 8 – Market Segmentation]

Differentiation; points of parity, difference, and contention; areas of differentiation; the product concept; product
decisions; positioning; perceptual map; positioning strategies; attacking the market; unique selling proposition(s)

ARTICLE – How to Create Your USP… http://www.interactivemarketinginc.com/unique-selling-proposition.html
2/25
TEST #2
2/27 & 3/2
9-NEW PRODUCT / SERVICE DEVELOPMENT and IDEA GENERATION—PRODUCT OR MARKET DRIVEN? [Chapter
9 – Developing New Products and Services]

Innovation; Ansoff’s product/market expansion grid; types of new products; five types of development projects; why do
new products fail/succeed; the new product development process; idea generation methods and strategies; test
marketing; commercialization;

Product line planning, product line expansion, product life cycle extensions
INTRODUCTION TO MARKETING—3350—COMPREHENSIVE SYLLABUS – Spring, 2015
3/4 & 3/6
10-PRODUCT LIFE CYCLE AND BRAND MANAGEMENT [Chapter 10 – Managing Successful Products, Services, and
Brands]

Product life cycle; product planning; life cycle extensions; product line expansion; brand management; brand
positioning and brand values; brand issues; brand decisions; brand loyalty; CBBE; brand personality; brand equity and
M&A free cash flow; brand strategies; branding strategies
3/9
11-PACKAGING AND LABELING and LEGAL ISSUES [also in Chapter 10 – Managing Successful Products, Services,
and Brands]

Copyrights; trademarks and dilution; patents; trade secrets; protecting your investments
3/11
12A- PRICE THEORY, STRATEGY, AND TACTICS – #I ESTABLISHING VALUE [Chapter 11 – Pricing Products and
Services]
Features, advantages, benefits, value, and perception
ARTICLE – Sell Features, Advantages, and Benefits http://www.presentation-pointers.com/showarticle/articleid/316/
3/13
17B-PRICING THEORY, STRATEGY, AND TACTICS - #2 IMPLEMENTATION [Chapter 11 – Pricing Products and
Services]
3/23
TEST #3
3/25
13A-SUPPLY CHAIN MANAGEMENT [SCM] – AN OVERVIEW [Chapter 12 – Supply Chain and Logistics]

Supply chain management; the many aspects of quality; contingency theory; supply chain model; automotive industry
supply chain model; external and internal supply chains; the role of value in SCM
3/27
13B-SUPPLY CHAIN MANAGEMENT – LOGISTICS [Also in Chapter 12 – Supply Chain and Logistics]

Modern logistics management; logistics processes; total logistics cost approach; cycle time, lead times, ECR, and
quick response; inventory management; international cycles
3/30 & 4/1
13C-SUPPLY CHAIN MANAGEMENT – GLOBAL DISTRIBUTION SYSTEMS [Chapter 12 – Managing Channels and
Wholesaling]

The importance of distribution; the multiplicative effect; functional levels; types of channel members; VMS; roles,
expectations, and controls for channel members; channel maps; conflict, evaluation, and channel relationships


ARTICLE – Prioritizing Distribution Options http://www.toolkit.com/small_business_guide/sbg.aspx?nid=P03_6040
ARTICLE – Case Study – Alice’s Dressings http://web.mala.bc.ca/weaverd/Mark364/Alices%20family%20restaurant.doc
4/3 & 4/8
14A-INTERNATIONAL MARKETING: INTRODUCTION, TRADE AREAS, AND MARKET ENTRY

Country economic structure; Porter’s Diamond; WTO issues; trade areas – EU, NAFTA, ASEAN, Mercosur; aspects of
culture; selecting foreign markets; foreign market entry alternatives
4/10 & 4/13
14B-INTERNATIONAL MARKETING: LOGISTICS, INCOTERMS, AND TRADE FINANCE

Global brand issues; international transaction cycles; international distribution and logistics; INCOTERMS; trade
finance issues; Letters of Credit
4/15
TEST #4
4/17
15-RETAIL MARKETING – A CHANGING WORLD [Chapter 14 or 17 depending on your book – Retailing]

Retailer classification systems; retail formulas; site selection; atmospherics; merchandise management
16-SERVICES MARKETING [Chapter 12 – Services]

Goods-services comparison; services marketing; service purchase factors; services-goods continuum; service
excellence; assessing service quality
4/20
17A-INTEGRATED MARKETING COMMUNICATIONS [IMC]: AN OVERVIEW [Chapters 15 and 16 or 18 and 19
depending on your book – Integrated Marketing Communications]

Building an integrated marketing communications plan
17B-INTEGRATED MARKETING COMMUNICATIONS: ADVERTISING, PROMOTION, AND PUBLIC RELATIONS
17C-INTEGRATED MARKETING COMMUNICATIONS: DIRECT MARKETING
INTRODUCTION TO MARKETING—3350—COMPREHENSIVE SYLLABUS – Spring, 2015
4/22
18A-PERSONAL SELLING, ETHICS, AND SALES SKILLS [Chapter 17 or 20 depending on your book – Personal
Selling and Sales Management]

Sales skills—an overview; supporting sales: materials, skills, and direction; the cost of sales
4/24
18B-SALES FORCE MANAGEMENT [also in Chapter 17 or 20 depending on your book – Personal Selling and Sales
Management]

Management Challenges; sales force automation (SFA,) customer relationship management (CRM)
4/27
TEST #5
4/29
SPECIAL MARKETING TOPICS: CAREERS DISCUSSION
5/1
SPECIAL MARKETING TOPICS: CAREERS DISCUSSION – continued if necessary
5/4
SPECIAL MARKETING TOPICS: CAREERS DISCUSSION – continued if necessary
NO COMPREHENSIVE FINAL EXAM!
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