The Philadelphia Center
Great Lakes Colleges Association
Instructor: Al Tedesco
MARKETING MANAGEMENT
AN EVENING ELECTIVE
Fall 2007
BRIEF DESCRIPTION
This elective course explores the dynamics of the marketing process. It is designed for students who will work in education, government, the arts, social welfare organizations, and other not-for-profit organizations, for students who are business, marketing and/or communications majors, and for students, regardless of major or career objectives, who seek a clear understanding of the role marketing plays in society.
The course examines how experts develop, target, promote, and distribute products and services. It addresses the positive and negative impact marketing has on our lives and in society. It investigates how marketing, as a practical organizational activity and personal skill, evolves from a sophisticated application of business expertise, the arts and sciences (especially psychology, communications, sociology, and other cultural studies) and the fine arts.
Students explore the creative and technical aspects of marketing through a "hands-on" final project, as well as through class discussions and debates on the strategies, tactics, and ethical issues, which are central to the marketing process.
OVERVIEW
This is a course about the pragmatics of marketing management. It is designed to illuminate the process and techniques of current marketing practice from the perspective of the practitioner.
This is a course for students who want to learn about the central role marketing plays in our day-to-day lives. It is a course for students interested in careers in not-for-profit organizations as well as for those whose careers will be in the world of for-profit corporations.
The core of the course is designed to explore the central role of the marketplace in modern society and the function of those who "market" within that arena.
While the emphasis of the course is on the pragmatic, on what works in a given context, and why it works, there will be recognition of both the artistic and scientific components of the marketing discipline and the contributions made by theory.
The multidisciplinary nature of marketing will be addressed with special emphasis on the contributions made by communications sciences and the traditional social sciences.
The philosophy of the course grows out of the fact that it is a seminar in which students engage fully in discussion and exploration. To achieve this end, there will be adequate opportunity to solve problems and share results.
The marketing discipline is as much centered on communications skills as any other human tool, and for this reason the course relies heavily on the give and take of class discussions.
The end product of the course will be a project which will allow students in the role of "marketing managers" to research and create a new product or service, and to design and demonstrate their marketing plan for its launch.
CONTENT
In the seminar we will cover selectively the following topics through reading, discussion, and practical application:
The role of Advertising, Publicity and Public Relations in the
marketing mix
E-Commerce and the Transformation of Business: The convergence of
Bricks and Mortar and the Internet
Database Marketing and Customer Relationship Management
The Lifetime Value of Customers and its Social Context
The issue of Consumer Privacy
Competitive Intelligence
The Status of the Information Environment/Information
Economy and the Technology that drives it
The Web and Marketing: Creating Web Sites that Achieve their
Objectives
New Paradigms for Marketing in the Interactive Age
The Psychological and Social Significance of Interactive Technologies in the Marketplace
Introduction to Web Design and Management
Introduction to electronic tools for building marketing plans
The Role of Interpersonal Communication in Marketing
The Social/International Environment of the Marketplace
Systems Theories applied to Marketing
Communications Theories (Interpersonal and Mass Communications)
The Central Marketing Problem
The Assessment of Needs and Wants
Target Markets-Segmentation
Understanding the Marketing Implications of Differences among Consumers
Marketing to Diverse Targets -- the Role of "Culture" in Diversity Marketing
Demographic Analysis
Psychographics and Positioning
Market Research with Emphasis on Focus Groups and Survey Research
Business Information Databases
Strategic Market Planning
Tactics
Product Creation and Campaign Planning
Advertising and Promotions
Marketing Tools
Sales and the Selling Environment
Pricing
Marketing Mix- Ways of getting the products to Consumers
The Marketing Plan within the Context of the Business Plan
ORGANIZATION OF THE COURSE
There are seven components or "teaching tools" employed to get the work done in the course. These are:
(1) Lectures and Discussions
Designed to explore core topics and to build on in-class and homework problems, readings, personal research and internship experience, field trips, and trends in marketing practice.
(2) Homework Problems
Assigned as an opportunity for students to explore a problem in depth between class meetings, homework problems form the basis for many class discussions.
(3) Case Studies, Class Problems, Media Analysis
Class members evaluate/create a marketing strategy, plan, environment, tool (web site for example), and share their assessments and results with the class. Members share readings with the seminar.
(4) Database Searches
Members will search on-line to retrieve course-related information and to collect competitive intelligence and product and industry data for the final project.
(5) Field Trips
Visits to businesses, agencies, media organizations or retail marketing environments, which illustrate one or more dimensions of the marketing process.
(6) Consultations (live and e-mail) (al@medianex.com)
Members are expected to consult with the seminar leader in person and by e-mail regarding anything to do with the course. Response time frame is usually 24/7 for e-mail.
(7) Final Project
Members create a product or service and design its marketing launch.
The final project has four parts:
1. The marketing plan (written document)
2. The project poster
3. The presentation at the poster session
4. The recruitment of at least one professional visitor to the
poster session
Grades:
Final grades are based on these elements:
1. Class discussion, participation, and leadership: 25%
2. Homework Assignments/Analysis: 15%
3. Book Report/Class Lecture: 10%
4. Final Project: 50%
READINGS
Gladwell, Malcolm, The Tipping Point: How Little Things Can Make a Big
Difference, Little Brown and Company, 2000
Coursepack
Assigned Reading (TBA)
CONTACT
Al Tedesco
Medianex: 215-576-8123 Home: 215-885-8278 al@medianex.com
Topic Schedule: Spring 2007
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1 |
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Introduction to the Seminar |
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The marketing plan |
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Final Project requirements The “Big Picture Paradigm” |
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2 |
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The Marketing Paradigm: The 4 P's |
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New Product Development (Pt 1) |
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3 |
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New Product Development (Pt 2) |
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The Marketing Mix |
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4 |
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Market Segmentation and Product Positioning |
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The Unique Selling Proposition |
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5 |
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Consumer Behavior The 3-C's Customer relationship management (CRM) |
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6 |
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The Retail Environment Internet Marketing: Part 1 |
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7 |
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Marketing Research Methods |
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S.W.O.T. Analysis |
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Survey, focus group, in-depth interviews Database research |
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8 |
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Price |
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The three C's Mark-up chains |
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9 |
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Place (Distribution) Physical systems and players Mark-up chains Direct marketing and Internet Marketing: Part 2 |
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10 |
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Marketing Communications (Pt. 1) |
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Models and Theories |
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Personal Influence, Tipping Point, Diffusion Curves |
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11 |
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Marketing Communications (Pt. 2) |
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Media Mix, Media Buying, Advertising Agencies |
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12 |
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Marketing Communications (Pt.3) |
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Message Creation, Public Relations; Integrating the Elements of the Marketing Plan |
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13 |
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Marketing Communications (pt.4) Tools and Timing; Media Budgets
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14 |
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Poster Session: Marketing Plan Presentation |
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