RCSC 320 COURSE INFORMATION PRODUCT DEVELOPMENT AND BRAND STRATEGIES Spring 2014 COURSE DESCRIPTION Use case studies to examine theories, applications, and scientific aspects of strategic brand management in retailing including building, measuring, and managing brand equity. Students will research, create, organize, and present a new product development concept and its brand strategy. REQUIRED TEXT Keller, Kevin Lane. Strategic Brand Management: Building, Measuring, and Managing Brand Equity. Upper Saddle River, New Jersey: Prentice-Hall, 4 ed., 2012. Keller, Kevin Lane. Best Practice Cases in Branding: Lessons from the World’s Strongest Brands. Upper Saddle River, New Jersey: Prentice-Hall, 3 ed., 2008. INSTRUCTOR Roger Kramer (Mr. Kramer) Associate Professor of Retailing & Consumer Sciences Office: MCPRK 425B Phone: 621-1928 Email: rkramer@cals.arizona.edu OFFICE HOURS By appointment TA Brintha Subramaniam Graduate Associate, Retailing and Consumer Sciences Office: Graduate Cubicle in Room 425, McClelland Park Email: brinthas@email.arizona.edu (preferred contact method) COURSE CREDIT 3 units CLASSROOM MCPRK 101 TIME NOTE Section 001 1:00 p.m. – 1:50 p.m. MWF Read this course information carefully. Refer to it throughout the semester. It represents a contract between the student and the instructor. COURSE OBJECTIVES Learns about brands, their importance, their representation to consumers, and their proper management. Learns about the scientific aspects of branding in providing guidance to making brand-related decisions. Understands the concept of brand equity. Learns how to build, measure, and manage brand equity. Becomes aware of a perspective to interpret the potential effects and trade-offs of various brands strategies and tactics. Studies best practice cases in branding to learn lessons from some of the world’s strongest brands. Page 1 of 6 COURSE GRADING CRITERIA Note: GRADING SYSTEM Note: ATTENDANCE POLICY/ ADMINISTRATIVE DROP Understands the process of developing, introducing and naming new products and brand extensions. Creates, organizes, and presents a product development/strategic brand management portfolio. Portfolio Project = 100 points Examination #1 = 100 points Examination #2 = 100 points Examination #3 = 100 points Final Examination = 100 points 500 points total Extra Credit Points (ECP) = 0 to 12 points (1 ECP for each one of the 12 in-class assignments) A = 500-450 points B = 449-399 points C = 398-348 points D = 347-297 points E = 296 - 0 points More than three unexcused absences may affect the student’s overall course grade. See Attendance Policy/Administrative Drop. Class attendance is required. Students are expected to be regular and punctual in class attendance. The University believes that students themselves are primarily responsible for attendance. Roll will be taken in class. Responding to the roll and leaving class soon after will be viewed and recorded by the instructor as an absence for that class period. When signing in on the student attendance sheets, full signatures are required. If a student signs in using his or her initials, the student will be marked absent. If a student misses only part of a class for a legitimate reason, consult with the instructor on how attendance for that class period will be recorded. Excessive or extended absence from class is sufficient reason for the instructor to recommend that the student be administratively dropped from the course. Students are subject to being administratively dropped from the course after three or more consecutive class sessions missed if arrangements have not been made between instructor and student. All holidays or special events observed by organized religions will be honored as an excused absence for those students who show affiliation with that particular religion. Absences approved by the UA Dean of Students (or Dean’s designee) will also be honored as an excused absence. A student must notify the instructor of their absence in advance. Effect of attendance on course grade: A student’s overall course grade may be dropped one letter grade (e.g. from B to C) due to more than three unexcused absences (e.g. job interviews, non-emergency doctor’s appointments, etc.). Page 2 of 6 OTHER COURSE POLICIES Students should be prepared to spend the class time in the classroom. Thus, students should not be walking in and out of the classroom unless in an emergency. Students are expected to act in a manner conducive to learning. Turn off cell phones and pagers during class. Persistent disruption will result in dismissal from the classroom and an assessed class absence for that session. Attire worn during exams should not conceal one’s eyes in any way. Under no circumstances will make-up examinations be given unless legitimate documents are provided to the instructor. If in the rare case that a student must take a make-up examination, with the instructor’s prior permission, there can be only one make-up examination given per student. The make-up examination will be scheduled after class has taken the examination. It is in the interest of every student to attend all sessions of the class in which he/she is registered. Each student has and obligation to contribute to the academic performance of all by full participation in the work of each class session. If special difficulties arise, the student should consult the instructor. Raising questions with the instructor is encouraged. Please do not talk with students sitting next to or near you when the class presentation is in progress. Students who disturb the class, presenter, or instructor will be asked to leave the room. All assignments, unless otherwise noted by the instructor are to be typewritten. Students are expected to have completed the assigned readings prior to coming to class. Students must make a copy of all course work submitted. Students are responsible for all materials and announcements presented in class whether in attendance or not. IN CLASS TECHNOLOGY USE POLICY Laptops may ONLY be used for taking notes in class and related course activities determined by the instructor. In the classroom, use of laptops, cell phones and other technology devices are PROHIBITED for texting, email, web-surfing, or any other purposes. Violation of the in class technology use policy can result in variety of sanctions as deemed appropriate by the instructor. These sanctions can include, but are not limited to, a point deduction of up to 50 points in a student’s overall points total for each offense, being administratively dropped from the course, a request that the student leave the classroom, etc. PORTFOLIO PROJECT ASSIGNMENT SUBMISSION Portfolio project assignment is to be submitted to the instructor in class on the due date. Early or late assignments must be submitted personally to the instructor. It is up to the student to make appropriate arrangements for this type of assignment submission to transpire. The portfolio project assignment cannot be turned in via email or left in the instructor’s mailbox. The portfolio project assignment turned in past the due date will be reduced twenty-five points for each day late. Late assignments will not be accepted later than two days after the due date. Page 3 of 6 SCHOLASTIC WORK/ CODE OF ACADEMIC INTEGRITY Integrity is expected of every student in all academic work. The guiding principle of academic integrity is that a student's submitted work must be the student's own. Students engaging in academic dishonesty diminish their education and bring discredit to the academic community. Students shall not violate the Code of Academic Integrity and shall avoid situations likely to compromise academic integrity. COURSE WITHDRAWAL Students withdrawing from this course must notify the instructor prior to nonattendance in classes and execute drop or withdrawal procedures in accordance with the UA General Catalog. INCOMPLETE POLICY Any incomplete grade given must be verified with a written agreement with the student which specifies the work to be done and a timetable of completion. SPECIAL NEEDS STATEMENT OF COPYRIGHTED MATERIALS NOTE Students needing special accommodations or special services should contact the Learning Disabilities Program/S.A.L.T., 1010 N. Highland, 621-1242 and/or The Center for Disability Related Resources/CEDRR, 1224 E. Lowell St., 621-3268. The needs for specialized services must be documented, verified by these UA units, and presented to the instructor before the end of the second week of class. The instructor will do everything he advised can to enhance learning experience. Students are that allyour lecture notes, lectures, study guides and other course materials disseminated by the instructor to the students, whether in class or online, are original materials and as such reflect intellectual property of the instructor or author of those works. All readings, study guides, lecture notes and handouts are intended for individual use by the student. Students may not distribute or reproduce these materials for commercial purposes without the express written consent of the instructor. Students who sell or distribute these materials for any use other than their own are in violation of the University’s Intellectual Property Policy (available at http://www.ott.arizona.edu/uploads/ip_policy.pdf). Violations of the instructors copyright may result in course sanctions and violate the Code of Academic Integrity. Information contained in this document may be subject to change with advance notice as deemed appropriate by the instructor. Page 4 of 6 COURSE OUTLINE RCSC 320 PRODUCT DEVELOPMENT AND BRAND STRATEGIES Date Topics/Activities Jan. 15 Course Information 17 Portfolio Project Assigned 20 Martin Luther King Jr. Holiday – No class 22 Proctor & Gamble (ECP) 24 Dockers: Creating a Sub-Brand (ECP) 27 29 31 Feb. 3 5 7 10 12 14 17 19 21 24 26 28 Mar. 3 5 7 10 12 14 17 19 21 24 26 28 31 Ap. 2 4 7 9 11 Brands and Brand Management Brands and Brand Management Intel: Building a Technology Brand (ECP) Customer-Based Brand Equity Customer-Based Brand Equity Got milk?: Branding a Commodity (ECP) Brand Resonance and the Brand Value Chain Brand Resonance and the Brand Value Chain Examination #1 Choosing Brand Elements to Build Brand Equity Choosing Brand Elements to Build Brand Equity MTV: Building Brand Resonance (ECP) Designing Marketing Programs to Build Brand Equity Designing Marketing Programs to Build Brand Equity Nike: Building a Global Brand (ECP) Integrating Marketing Communications to Build Brand Equity Integrating Marketing Communications to Build Brand Equity DuPont: Managing a Corporate Brand (ECP) Leveraging Secondary Brand Associations to Build Brand Equity Leveraging Secondary Brand Associations to Build Brand Equity TBA Spring Recess – No Class Spring Recess – No Class Spring Recess – No Class Nivea: Managing a Multi-Category Brand (ECP) Examination #2 Starbucks Corporation: Managing a High Growth Brand (ECP) Developing a Brand Equity Measurement and Management System Developing a Brand Equity Measurement and Management System Yahoo!: Managing an Online Brand (ECP) Measuring Sources of Brand Equity: Capturing Customer Mind-Set Portfolio Project Due Global Retailing Conference – No Class Page 5 of 6 Spring 2014 Textbook Readings Case - 9 Chapter 1 Chapter 1 Case - 1 Chapter 2 Chapter 2 Case - 2 Chapter 3 Chapter 3 Chapter 4 Chapter 4 Case - 5 Chapter 5 Chapter 5 Case - 6 Chapter 6 Chapter 6 Case - 8 Chapter 7 Chapter 7 Case - 10 Case - 13 Chapter 8 Chapter 8 Case - 11 Chapter 9 Textbook Readings Date Topics/Activities 14 16 18 21 23 25 28 30 May 2 5 7 12 Measuring Outcomes of Brand Equity: Capturing Market Performance Measuring Outcomes of Brand Equity: Capturing Market Performance Snapple: Revitalizing a Brand (ECP) Accenture : Rebranding a Global Brand (ECP) Examination #3 Designing and Implementing Brand Architecture Strategies Introducing and Naming New Products and Brand Extensions Managing Brands Over Time Managing Brands Over Geographic Boundaries and Market Segments Closing Observations and Final Examination Review Final Examination Review Final Examination 1:00 p.m. – 3:00 p.m. Page 6 of 6 Chapter 10 Chapter 10 Case - 14 Case - 15 Chapter 11 Chapter 12 Chapter 13 Chapter 14 Chapter 15