جامعةاألميرسلطان كليةإدارةاألعمال قسمالتسويقواالدارة Prince Sultan University College of Business Administartion Dept. of Marketing and Management MKT 340 – Marketing Channels UT 10:30-11:45 FCR-11 Credit: 3 (3,0,0) Instructor: Dr. Mikhail Zenchenkov Office: E 346, 3/F Phone: 01 4948 738 Email: mzenchenkov@psu.edu.sa Course Description: This course deals with the elements and management of marketing channels. In this course, a marketing channel is viewed as an interorganizational system involved in the task of making products and services available for consumption. The main emphasis of this course is on the initial design of such systems, and the on-going management of relationships between system participants. Learning Objectives: 1) Understand what marketing channels are, and their importance. 2) Know the vocabulary of marketing channels and the names of the various channel intermediaries. 3) Understand the importance of relationships, cooperation, and trust in B-2-B interactions. 5) Understand the nature of channel conflict and power. 1 6) Understand the nature of communication and influence strategies in channels relationship and in channel coordination/governance. 7) Know how to design, choose, maintain, grow, expand, and/or establish appropriate marketing channels for a sustainable competitive advantage. 8) Recognize potential channels threats and opportunities. 9) Think strategically about channels problems, threats, competition, opportunities, etc. Course materials: Course Text book: Bert Rosenbloom.Marketing Channels: A Management View , 7Th Edition. Cengage Learning, 2004 http://www.cengage.com/search/productOverview.do?Ntt=9780324186932&Ntk=P_I sbn13&N=+16+4294922239+4294966576 Recommended Reference: Anne T.Coughlan , Erin Anderson , Lowis W. Stern & Adel I. ElAnsary. Marketing Channels,7Th Edition . Prentice Hall , 2006. 2 Evaluation: The breakdown of the course assessment is as follows; schedule for 2011, 2nd semester Major 1 (exam) Major 2 (exam) Final Exam Project Participation and attendance 15% 15% 40% 20% 10% (March 26-30) (May 14-18) (June 4-14) Attendance Policy Abcences 0-3 Percentage 5% Abcences 0-5 3-5 2.5% 6-9 5-7 1% 9-11 8 0% 12 9 DN 13 2times/week 3times/week Assignments, cases and projects: You can get all support in the class, during the consultation hours and working both in study groups and individually. You should remember that in advance preparation and meeting the deadlines will turn into the best result. PROJECT. 20%, group (3-5 members), 1st draft submision – Feb 28, 2nd draft submission – March 12, Final submission – April 23, project non-submission (-5%) non-submission (-3%) after 3 days (-10%), after 5 days 0% for the STAGES Report+Video+PPT. The purpose of the report and video interview is to analyze the promotional methodolgy of the company in order to explore what are the ways used by the companies to promote organization and evaluate their effectivenes. REPORT Topics for the project: 1. 2. 3. 4. 5. Channel Design Channel Members Channel Environmment Channel member behavior Channel Strategy 3 6. 7. 8. 9. 10. 11. 12. Motivating channel members Product management for specific channels Pricing Strategy Promotion Evaluating channel members performance E-procurement: Digital distribution International channels networks management Report Requirements: Report should include formal elements: 1. Cover pager: your names, IDs, Subject, Title of the Project, Professor’s name, date of submission 2. Content page 3. Contacts page: names, IDs and e-mail adresses; phone numbers 4. Executive summary: brief highlights and short introduction to entire project 5. Introduction: Opening thought about state of the problem 6. Main part: split it in logical parts 7. Conclusion: summary of the paper 8. Appendix: diagrams, tables 9. Reference page, according to harvard reference style Revision of the report before its submission 1. You should include CD/DVD with the file of the report in the final submission 2. Presentation is a critical part of the report, therefore review business reports on the internet and apply professional presentation format 3. All graphs, tables, and diagrams in the body of the report as well as in the appendix should be accoumpanied with the source of information below the item 4. Variety of information sources should be represtned by: on-line materials, journals, newspapers, magazines, books, dictionaries, internal/public companies’/organizations’ information VIDEO. It sould include three perspectives: company’s management, consumers – in the streets, supermarkets, shopping malls, government/social organization/media specialist perspective General guideline Get support letter from your professor. Check if company would require prior conversation with professor or other arrangemnts before allowing you in. Take a 4 name card from your professor and exchange it with the person being interviewed, to later attach it to your report. 1. 2. 3. 4. Prepare professinal setting in the company before recording Take pictures with the person interview, using company logos Chose the camera that can ensure great video and audio quality Practice to do the recording several and watch to identify the ways to improve it 5. Check lightning, sound, battery 6. Use free downloads of video editing software 7. You have to submit it in the format played by Windows Media Player on the DVD disc, check the converters allowing you to compress the video file 1. PPT Exams and evaluation criteria The purpose of the exams is to monitor your academic performance. Main criteria for evaluation are: - Logical and structured answer - Critical evaluation of the questions: assessing different factors, taking into consideration multiple perspectives - Recognizing and applying relevant concepts, approaches, techniques - Evidence of extra readings on the subject - Providing personal opinion supported by the knowledgeable arguments SAMPLE of the question: 5 (Problem): Mobil has realized that different subcultural groups in Riyadh have never been taken seriously by any telecom company as a growing consumer segment. (Analysis objective and approach):In order to understand the new consumers’ needs, behavioral factors related to the specific subculture have to be reviewed and analyzed. (Requirement): (1) Select one or two subcultural groups and explain your analysis. (2) How your analysis will be performed if new product is going to be introduced to the selected segments Topics and assignments: Date Topic Assignment 6 1. Marketing Channels: Structure and Functions 2. Segmentation for Marketing Channel Design: Service Outputs 3. Supply Side Channel Analysis: Channel Flows and Efficiency Analysis 4. Supply-Side Channel Analysis: Channel Structure and Intensity 5. Gap Analysis 6. Channel Power: Getting It, Using It, Keeping It 7. Managing Conflict to Increase Channel Coordination 8. Strategic Alliances in Distribution 9. Vertical Integration in Distribution 10. Legal Constraints on Marketing Channel Policies 11. Retailing 12. Wholesaling 7