Objectives: • To introduce researchers to the elements of marketing analysis: marketing environment analysis, customer analysis and competitor analysis. • To familiarize researchers to the generic business strategies and strategic marketing decisions for profitable delivery of superior value to the customers. • To enhance their problem-solving and decision-making abilities in strategic Specialisations of marketing
Marketing: Introduction, Meaning and Definition, Selling vs. Marketing, Nature and Scope of Marketing, Core Marketing Concepts, Marketing Philosophies, Marketing-Mix Strategy, Marketing Environment Analysis, Marketing Research Process. Segmentation and positioning strategy, Levels and Bases of Market Segmentation, Market Targeting, Developing and Communicating Positioning Strategy
Consumer Behaviour Influences : Personal and Psychological factors affecting Consumer Buying Behaviour, Steps in Buying Decision Process, Howard-Sheth Model of Consumer Behaviour
Product Planning and Strategies Product Life-Cycle Marketing Strategies, Product Characteristics and Classifications, Concept of Product-Mix, Product-Line Decisions, Packaging and Labelling, New Product Development Process
Managing Integrated Marketing Communications and Distribution Channels Introduction to Integrated Marketing Communications, Advertising, Sales-Promotion and Personal Selling, Role of Marketing Channels, Channel-Design Decisions, Channel-Management Decisions, Channel Integration and Systems, Channel Conflict and Co-operation
Developing Competitive Marketing Strategy and Managing the Marketing Effort Identifying and Analyzing Competitors, Competitive Strategies for Market Leaders and Challengers, Marketing Organisation, Control of Marketing Operations, Objectives, Benefits and Techniques,
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