MKG440: Strategic Marketing Credit Hours: 3 Contact Hours: This is a 3-credit course, offered in accelerated format. This means that 16 weeks of material is covered in 8 weeks. The exact number of hours per week that you can expect to spend on each course will vary based upon the weekly coursework, as well as your study style and preferences. You should plan to spend 10-25 hours per week in each course reading material, interacting on the discussion boards, writing papers, completing projects, and doing research. Faculty Information Name: Phone: CSU-GC Email: Virtual Office Hours: Course Description and Outcomes Strategic Marketing provides students with advanced marketing theories and hands-on application of various new opinions in the marketing field. Students learn to formulate sales and marketing decisions while considering such factors as consumer behavior/buying patterns, marketing variables, and global marketing issues from an integrated marketing communications perspective. The course is designed around contemporary case studies of companies that have succeeded and that have failed in the planning or implementation of marketing strategies. These studies are juxtaposed against and integrated with internal and external influences on a firm including profitability and ethical decision making. Students are encouraged to apply research skills and critical thinking learned throughout their education in discussion, essays and a final portfolio project. Course Learning Outcomes: 1. 2. 3. 4. Explain fundamental marketing concepts and illustrate their role in strategic planning. Describe marketing data that support the development of an organization’s marketing strategies. Explain buyer behavior and market segmentation. Illustrate and explain marketing strategies that align with an organization’s mission, goals, and objectives. 5. Explain and compare marketing strategy and implementation. 6. Appraise an organization’s strategic marketing plan and assess its strengths and weaknesses. Participation & Attendance Prompt and consistent attendance in your online courses is essential for your success at CSU-Global Campus. Failure to verify your attendance within the first 7 days of this course may result in your withdrawal. If for some reason you would like to drop a course, please contact your advisor. Online classes have deadlines, assignments, and participation requirements just like on-campus classes. Budget your time carefully and keep an open line of communication with your instructor. If you are having technical problems, problems with your assignments, or other problems that are impeding your progress, let your instructor know as soon as possible. Course Materials Required: Ferrell, O. C., & Hartline, M. (2014). Marketing strategy (6th ed.). Mason, OH: South-Western Cengage Learning. ISBN-13: 9781285073040; e-book ISBN: 9781285290027 Course Schedule Due Dates The Academic Week at CSU-Global begins on Monday and ends the following Sunday. Discussion Boards: The original post must be completed by Thursday at 12 midnight MT and Peer Responses posted by Sunday 12 midnight MT. Late posts may not be awarded points. Mastery Exercises: Students may access and retake mastery exercises through the last day of class until they achieve the scores they desire. Critical Thinking Activities: Assignments are due Sunday at 12 midnight MT. Week # Readings 1 2 Chapter 1 in Marketing Strategy (For Discussion Question) Thomas, O. (2013, March 2). Groupon’s new CEO must decide what business it’s really in. Business Insider. Retrieved from http://www.businessinsider.com/groupon-ceo-dilemma2013-3 Chapters 2 & 9 in Marketing Strategy David, F. (1989). How companies define their mission. Long Range Planning, 22 (1), 90-97. Assignments Discussion (25 points) Mastery (10 points) Critical Thinking (50 points) Discussion (25 points) Mastery (10 points) Critical Thinking (75 points) Chapter 3 in Marketing Strategy O’Connell, A. (2010). Reading the public mind. Harvard Business Review, 88(10), 27-29. Chapter 4 in Marketing Strategy ARAMARK Corporation. (2013). ARAMARK Corporation SWOT Analysis, 1-9. FedEx Corporation. (2013). FedEx Corporation SWOT Analysis, 1-9. Intuit, Inc. (2013). Intuit, Inc. SWOT Analysis, 1-8. Chapters 5 & 10 in Marketing Strategy Crosby, L. A., Gronroos, C., & Johnson, S. L. (2002). Who moved my value? Marketing Management, 11(5), 10-11 3 4 5 Chapter 6 in Marketing Strategy Keller, E., & Fay, B. (2012). Word of mouth advocacy. Journal of Advertising Research, 52(4)459-464. Chapter 7 in Marketing Strategy Kohli, C., Thoma, S., & Suri, R. (2013). Are you in good hands? Slogan recall: What really matters. Journal of Advertising Research, 53(1), 31-42. Discussion (25 points) Mastery (10 points) Critical Thinking (75 points) Discussion (25 points) Mastery (10 points) Portfolio Milestone Requirement (worth 25 points in final portfolio score Discussion (25 points) Mastery (10 points) Critical Thinking (75 points) Chapter 8 in Marketing Strategy Slaper, T. F., & Hall, T. J. (2011). The triple bottom line: What is it and how does it work? Indiana Business Review, 86(1), 4-8. Discussion (25 points) Mastery (20 points) Portfolio (350 points) 6 7 8 Discussion (25 points) Mastery (10 points) Portfolio Milestone requirement (worth 25 points in final portfolio score) Discussion (25 points) Mastery (20 points) Critical Thinking (75 points) Assignment Details This course includes the following assignments/projects: Module 1 Critical Thinking: The Relevance of Marketing Strategy for Social Networking Sites (50 points) A sound marketing strategy is vital to the success of an organization in today’s rapidly changing business climate. In this critical thinking assignment, you will compare and contrast the overall marketing strategies of MySpace and Facebook. Using the information learned in Chapter 1, answer the following questions in a 2 - 3 page paper supported by at least two scholarly references and two additional credible sources from the CSU-Global Library: (1) What were the specific strategies MySpace and Facebook employed to build successful social network sites (SNS)? (2) Why do you believe Facebook became the leading SNS in the world and enjoyed the largest valuation in history for a newly listed public company? Why was MySpace, founded in 2003, overtaken by Facebook in 2008? Provide concrete examples. Your paper should follow CSU-Global guidelines for APA style, and be clear, concise, and demonstrate knowledge of the concepts presented in this module and course. Module 2 Critical Thinking: Illustrate and Appraise a Changed Marketing Strategy (75 points) Find a recent (published in the past six months) news article about a company that successfully changed its marketing strategy in the CSU-Global Library. In a 2 - 3 page paper supported by at least one scholarly journal, address the following. 1. 2. 3. What were the reasons for the marketing strategy change? How did the organization approach the development and implementation of the change? Do you believe the change was successfully implemented? Back up your answer with statistics from the company’s performance or with reviews about the company in the news or trade press. Your paper should follow CSU-Global guidelines for APA style, and be clear, concise, and demonstrate knowledge of the concepts presented in this module. Module 3 Portfolio Milestone (worth 25 points in the final Portfolio Project score of 350) Your Portfolio Project assignment is to prepare a well written, 8 - 10 page case study of a company utilizing concepts learned in the course as a basis for your analysis. This week, you will turn in the name of the company you have selected for your case study, along with an explanation of why you chose the company and what your specific focus will be in your analysis. Your final project is due at the end of Week 8. NOTE: While this preliminary requirement is not being assigned points in this week, it is worth 25 points in your overall Portfolio Project score of 350 points. Your paper should follow CSU-Global guidelines for APA style, and be clear, concise, and demonstrate knowledge of the concepts presented in this module and course. Module 4 Critical Thinking: SWOT-Driven Strategic Planning (75 points) SWOT analysis is a comprehensive tool that helps managers develop a strategic focus for an organization’s marketing efforts. Using the information learned this week, generate a SWOT analysis on Southwest Airlines (NYSE:LUV), using its latest publicly available information along with research on the company’s strategic position as a low-cost airline. In a well-written 2 – 3-page paper supported by at least one scholarly journal and two additional sources found in the CSU-Global Library, you will: (1) Provide a brief summary of Southwest’s history. (2) Describe its strengths, weaknesses, opportunities, and threats, using specific examples and references. (3) Include a Southwest Airline video as an example of its strategic focus. Your paper should follow CSU-Global guidelines for APA style, and be clear, concise, and demonstrate knowledge of the concepts presented in this module. Module 5 Critical Thinking: Managing Customer Relationships (75 points) Delivering good value to customers requires that firms use CRM strategies to effectively manage relationships with customers, employees, supply chain partners, and external stakeholders. In a well-written, 2 - 3 page paper, explain why it is important for companies to shift their emphasis from acquiring customers to maintaining customers. Include these points in your discussion: 1. The financial implications of replacing rather than keeping customers. 2. The good will associated with having long-term relationships with all stakeholders. 3. Examples of companies that you believe use CRM well. Explain why you think so. Your paper should follow CSU-Global guidelines for APA style, and be clear, concise, and demonstrate knowledge of the concepts presented in this module. Module 6 Portfolio Milestone (worth 25 points in the final Portfolio project score of 350) Your Portfolio Project assignment is to prepare a well written, 8 - 10 page case study of a company utilizing concepts learned in the course as a basis for your analysis. This week, you will turn in an outline of the portfolio project case study paper. Your final project is due at the end of Week 8. NOTE: While this preliminary requirement is not being assigned points in this week, it is worth 25 points in your overall Portfolio Project score of 350 points. Your paper should follow CSU-Global guidelines for APA style, and be clear, concise, and demonstrate knowledge of the concepts presented in this module and course. Module 7 Critical Thinking: The Making of a Successful Brand (75 pts) Select one of the world’s most valuable brands from “The World’s Twenty-Five Most Valuable Brands.” In a well-written 2 - 3 page paper supported by at least one scholarly reference found in the CSU-Global Library, the company's Annual Report, and two other credible sources (news media or trade press, for example), assess the brand's value. 1. How did the brand develop its brand value? 2. Discuss the company's brand loyalty, including brand recognition, performance, and insistence. 3. How has the brand employed social media in its communication mix? Provide specific examples. Your paper should follow CSU-Global guidelines for APA style, and be clear, concise, and demonstrate knowledge of the concepts presented in this module. Module 8 Portfolio Project (350 Points) You have chosen a company to analyze and turned in an outline. Now it is time to prepare a well written, 8 - 10 page case study of a company utilizing concepts learned in the course as a basis for your analysis. Your case study must include the following elements: 1. Introduction –Provide here the basic data about the company, including information about the founder, type of business or industry, corporate structure, and size. 2. Explain the company’s mission, goals, and corporate strategy. 3. Provide a situational analysis--include a summary of the company’s history and growth and its position relative to its competition in the industry. 4. Perform a SWOT analysis of the company. 5. Provide the outcome of the company's current business strategy. 6. Assess the company and provide your outlook and recommendations for the company’s future growth. Your case study should demonstrate thoughtful consideration of the concepts presented in the course and your ability to analyze and appraise an organization’s strategic marketing concisely. It should reflect scholarly writing, cite a minimum of five peer-reviewed sources found in the CSU-Global Library and be formatted according to CSUGlobal guidelines for APA Style. Course Policies Late Work Students are permitted a 7 day grace period during which they may submit a Critical Thinking assignment after the original due date without penalty. Papers submitted between 8 and 14 days after the original due date will be accepted with a potential 10 percent reduction in grade for late submission. Papers submitted 15 or more days beyond the original due date may not be accepted unless prior arrangements have been made with the instructor. No Portfolios will be accepted late and no assignments will be accepted after the last day of class unless a student has requested an incomplete grade in accordance with the Incomplete Policy. Course Grading 20% Discussion Participation 10% Mastery Exercises 35% Critical Thinking Activities 35% Final Portfolio Paper Grading Scale and Policies A 95.0 – 100 A- 90.0 – 94.9 B+ 86.7 – 89.9 B 83.3 – 86.6 B- 80.0 – 83.2 C+ 75.0 – 79.9 C 70.0 – 74.9 D 60.0 – 69.9 F 59.9 or below FN* Failure for Nonparticipation I** Incomplete * Students who stop attending class and fail the course for nonparticipation will be issued the “FN” grade. The FN grade may have implications for financial aid and scholarship awards. ** An “I” grade may be assigned at the Instructor’s discretion to students who are in good standing (passing) in the course. Students should have completed a majority of the coursework in order to be eligible for the “I” grade. Students should request an "I" grade from the Instructor with a written justification, which must include explanation of extenuating circumstances that prevented timely completion of the coursework. If the request is approved, the Instructor will require a written agreement consisting of a) the specific coursework to be completed, b) the plan to complete the coursework, and c) the deadline for completion. The agreement will be kept on file at CSU-Global Campus. An incomplete course must be satisfactorily completed within the time frame stipulated in the agreement, but no later than the end of the following semester from the date the “I” was given. An incomplete not removed within one year shall convert to an F and be included in the computation of the student’s grade point average. Academic Integrity Students must assume responsibility for maintaining honesty in all work submitted for credit and in any other work designated by the instructor of the course. Academic dishonesty includes cheating, plagiarism, unauthorized possession of academic materials, and falsification. The Student Handbook provides information on how students can avoid plagiarism by understanding what it is and how to use library and internet resources appropriately with proper citation. Please refer to the Academic Catalog for complete policies regarding plagiarism and academic dishonesty. APA Students are expected to follow the CSU-Global APA requirements when citing in APA (based on the APA Style Manual, 6th edition). For details on CSU-Global APA style, please review the APA resources located under the Library tab in Blackboard. Netiquette All posts and classroom communication must be conducted in a professional and respectful manner in accordance with the student code of conduct. Think before you push the Send button. Did you say just what you meant? How will the person on the other end read the words? Any derogatory or inappropriate comments regarding race, gender, age, religion, sexual orientation, are unacceptable and subject to disciplinary action. If you have concerns about something that has been said, please let your instructor know. Institutional Policies Refer to the Academic Catalog for comprehensive documentation of CSU-GC institutional policies.