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Nov 23, 2024
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MG 670 - Marketing Management3 lecture hours 0 lab hours 3 credits Course Description This course introduces the student to the concepts of industrial/business marketing and the marketing management process. Topics include the role of marketing in the business process; the determination of the marketing mix of price, promotion, and distribution; analyzing market opportunities, segmentation and positioning formulation and evaluation of marketing strategies, plans and programs; and marketing’s role in new products. The course perspective is from the role of marketing in a total customer satisfaction driven organization. (prereq: none) Course Learning Outcomes Upon successful completion of this course, the student will be able to:
- Gain an understanding of the concepts of business marketing and the marketing management process. The perspective is from the role of marketing in a total customer satisfaction driven organization
Prerequisites by Topic
- Understanding the business management and serving customer needs
Course Topics
- Defining marketing in the 21st century
- Adapting marketing to the new economy
- Building customer satisfaction, value and retention
- Winning markets through market-oriented strategic planning
- Gathering information and measuring market demand
- Scanning the market environment
- Analyzing consumer markets and buying behavior
- Analyzing business markets and business buying behavior
- Dealing with the competition
- Identifying market segments and selecting market targets
- Positioning the market offering through the product life cycle
- Developing new market offerings
- Designing and managing global marketing strategies
- Setting the product and branding strategy
- Designing and managing services
- Designing and managing strategies and programs
- Designing and managing value networks and marketing channels
- Managing retailing, wholesaling and market logistics
- Designing and managing integrated marketing communications
- Managing advertising, sales promotion, P.R. and direct marketing
- Managing the sales force
- Managing the total marketing effort
Coordinator Michael Payne
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