MODULE SPECIFICATION TEMPLATE MODULE DETAILS Module title Module code Credit value Level Mark the box to the right of the appropriate level with an ‘X’ Retail Marketing and Distribution MK321 20 Level 4 Level 5 Level 6 Level 0 (for modules at foundation level) x Level 7 Level 8 Entry criteria for registration on this module Pre-requisites Specify in terms of module codes or equivalent MK184 Principles of Marketing, MK185 Essentials of Marketing or equivalent Co-requisite modules Specify in terms of module codes or equivalent Module delivery Mode of delivery Taught Other x Distance Placement Pattern of delivery Weekly x Block Other Online When module is delivered Semester 1 Semester 2 Throughout year x Other Brief description of module With over 10% of the UK workforce employed in retail, and expectations content and/ or aims for continuing growth in the industry, this module offers a valuable Overview (max 80 words) introduction for any student considering a career in retailing, as well as those with an academic interest in the subject. The whole spectrum of retailing is explored in a hands-on, practical format, from industry structure and historical development to current trends and projected developments. This broad-based module gives students the opportunity to explore and apply the topics in depth, and to apply them in practice. The module will give students the main retail marketing and distribution concepts, then build on these with additional concepts and apply them as they build their portfolios. There will be a strong emphasis on real-world retailing, as well as self-motivated learning. Students will apply the concepts they learn in a hands-on project, creating a viable strategy for a real retailer. Various guest speakers from real retailers add to the level of reality in the students’ work. Module team/ author/ Jane Priddis and Patrick Ballin coordinator(s) School Brighton Business School Site/ campus where Moulsecoomb delivered Course(s) for which module is appropriate and status on that course Course Final year elective for courses satisfying the pre-requisites MK184 Principles of Marketing, MK185 Essentials of Marketing Module descriptor template: updated Aug 2012 Status (mandatory/ compulsory/ optional) Optional or equivalent MODULE AIMS, ASSESSMENT AND SUPPORT Aims Learning outcomes Explore and evaluate retailers’ strategies and operations. Apply theoretical frameworks to a variety of retail contexts. Use contemporary examples to evaluate the relationship between the retailer and its customers, suppliers and competitors. Enable students to apply their in-depth knowledge of retail marketing and distribution, in order that they can carry out a full marketing audit for a real retailer and create a viable strategy for that retailer. Apply retailing concepts in the context of retail supply chain, distribution and logistics. On completion of the module the students should be able to demonstrate: Subject specific The ability to examine the strategic options open to retailers in the context of both marketing and supply chain/distribution issues. An understanding of the inter-relationship and importance of a wide range of issues surrounding retail marketing and distribution decisions. The ability to set realistic and measurable objectives and create a viable marketing strategy for a real retailer. The ability to describe and define major theories of retail institutional change and assess their relevance for specific retailers. The ability to relate the intelligence gathered on consumers and competition to strategic segmentation choices exercised by retailers. An awareness of the importance of well managed relationships within the retail supply chain. Critical evaluation of retailer strategies and the integrated retail marketing mix, assessing benefits and risks. An understanding of the role and contribution of technology in improving the effectiveness of retailers’ activities. The relation of theory to contemporary examples. Cognitive: The ability to gather relevant data and information about retailers and use analysis tools to create an intelligent assessment of their current situation The ability to research, investigate and evaluate a range of opportunities and problems, using a variety of learning resources. The application of independent critical judgement and analysis including evidence based recommendations The ability to report and present their results in a professional Module descriptor template: updated Aug 2012 manner Content Learning support The history of retail development and power including environmental factors and the European and global contexts, including retailing development theories. Identifying market needs, understanding segmentation, consumer buying behaviour, the use of marketing research and electronic information. The development of retail strategy including strategic choices, positioning, and competitive advantage. The retailer marketing mix: product management, differentiation, own brands, super brands, copycat branding, service and relationship marketing/loyalty. The retailer marketing mix: pricing strategies; location and channel decisions. The selling environment, atmospherics, layout, merchandise display and store design. The promotional mix, customer loyalty schemes, relationship marketing. Current strategies of different retailers, including tools for exploring the reasons for these, and analysing their effectiveness. The relationship between manufacturers/suppliers and retailers Retail buying, merchandising and space planning, plus the art and science of space planning and inventory, in the context of overall store design. Multi-platform retailing, focusing on new technologies in retailing, and exploring both marketing and supply chain issues. Retail inventory management, retail supply chain design, lean and agile retail supply chains, and the impact of these on retailer strategies. ‘Lean and green’ retailing, exploring environmental pressures in retailing, including sourcing, transportation and waste issues in the retail supply chain. Retail ethics, including issues such as fair trade and ethical sourcing, over-packaging, global buying, cost and pricing structures, the trend towards ‘category killers’ and their impact on the traditional high street, etc. Global retailing and its impact on UK retailer strategies Major store types and the development of alternative retailing methods. Indicative reading: The latest editions of: Textbooks: McGoldrick P, Retail Marketing, McGraw Hill. Hugos, M. & Tomas, C., Supply Chain Management in the Retail Industry, Wiley Fernie, J. & Sparks, L. (Eds), Logistics and Retail Management, Kogan Page Journals and trade press: International Journal of Retail and Distribution Management Module descriptor template: updated Aug 2012 Journal of Retailing European Retail Digest Journal of Marketing Mintel Retailing reports Keynote Retailing reports Retail Week The Grocer Drapers Free e-newsletters: IGD Supply Chain Analysis (www.igd.com) Daily Retail News (www.theappointment.co.uk) Retail Paradox Weekly (www.rsrresearch.com) Teaching and learning activities Details of teaching and learning activities Weekly lectures and seminars. Allocation of study hours (indicative) Study hours Where 10 credits = 100 learning hours SCHEDULED This is an indication of the number of hours students can expect to spend in scheduled teaching activities including lectures, seminars, tutorials, project supervision, demonstrations, practical classes and workshops, supervised time in workshops/ studios, fieldwork, external visits, and work-based learning. 40 GUIDED INDEPENDENT STUDY All students are expected to undertake guided independent study which includes wider reading/ practice, follow-up work, the completion of assessment tasks, and revisions. 160 PLACEMENT The placement is a specific type of learning away from the University that is not work-based learning or a year abroad. TOTAL STUDY HOURS 200 Assessment tasks Details of assessment for this module Group presentation 30% Individual portfolio, up to 4,000 words, 70% Types of assessment task1 % weighting Indicative list of summative assessment tasks which lead to the award of credit or which are required for progression. (or indicate if component is pass/fail) WRITTEN Written exam COURSEWORK Written assignment/ essay, report, dissertation, portfolio, project output, set exercise 70 PRACTICAL Oral assessment and presentation, practical skills assessment, set exercise 30 1 Set exercises, which assess the application of knowledge or analytical, problem-solving or evaluative skills, are included under the type of assessment most appropriate to the particular task. Module descriptor template: updated Aug 2012 EXAMINATION INFORMATION Area examination board Marketing Refer to Faculty Office for guidance in completing the following sections External examiners Name Position and institution Date appointed Date tenure ends Refer to Studentcentral QUALITY ASSURANCE Date of first approval 2013 Only complete where this is not the first version Date of last revision Only complete where this is not the first version Date of approval for this version Version number Modules replaced Specify codes of modules for which this is a replacement Available as free-standing module? Module descriptor template: updated Aug 2012 Yes No x