Marketing Management

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School of Business, GITAM Deemed to be University

L T P S J C
MKTG1001 MARKETING MANAGEMENT
3 0 0 0 0 3
Pre-requisite None
Co-requisite None
Preferable None
exposure

Course Description:

Marketing as a subject primarily caters to the consumerist instincts of an individual. The markets
are driven by consumer behaviour, which has evolved and is much more demanding these days.
Consumer satisfaction takes precedence for a business to be successful. This calls for managers
to adopt creative and unique marketing strategies to gain a competitive advantage. Marketing
Management equips managers with the required theoretical knowledge and practical skills to
gain insights into the dynamic nature of the markets and then devise ways and means to manage
them effectively.

Course Educational Objectives:

• To explain the conceptual framework of marketing and its applications in “the real
world.”
• To apply concepts of marketing to address problems and opportunities in the new
marketing environment
• To illustrate the functionality and application of elements of Marketing Mix
• To create a suitable marketing plan for a product
• To assess the range of common strategies used with each of the various promotional
mix tools.
UNIT 1 9 hours
Definition, Nature, Scope, and Importance of Marketing – Core Concepts -Need, Want,
Desire, Demand, Value, Exchange; philosophies of Marketing- Product – Production - Sales –
Marketing – Societal – Relational marketing Concept of Marketing Myopia. Product Vs.
service – Recent Trends in Marketing: Social Media Marketing and Digital Marketing.

UNIT 2 9 hours
Factors influencing buyer behavior –five-step buyers decision process - Segmenting,
Targeting and Positioning - Concept of Market Segmentation, Bases for Segmenting
Consumer Markets, Targeting (T), Positioning (P) Value Proposition and USP

BBA, w.e.f 21-22 admitted batch


School of Business, GITAM Deemed to be University

UNIT 3 9 hours
Elements of the marketing Mix – four P’s, extended three Ps of services. Product Decisions:
Product Concept -Classification of Products – Product Life Cycle Stages, New Product
Development

UNIT 4 Pricing and Channels of Distribution 9 hours


Pricing Objectives – Factors Influencing the Pricing Policy – Pricing Methods, Channels of
Distribution: Definition – Nature – Types-Functions and levels of distribution channels

UNIT 5 9 hours
Importance of Promotion – Managing Advertising – Sales Promotion –Personal Selling and Direct
Marketing– Publicity and Public Relations. Integrated Marketing Communication (IMC), Social
Marketing

TextBooks:

1. Philip Kotler, Gary Armstrong, and Prafulla Agnihotri, Principles of Marketing, Pearson
India, 17th Edition. New Delhi: 2018.
2. Rajan Saxena, Marketing Management, Tata-McGraw Hill, Fifth Edition New
Delhi:2015
References:

1. Ramaswamy and Namakumari -Marketing Management- Indian Context -Global


Perspective, Sage Publications India Pvt Ltd; Sixth Edition 2018
2. C. B. Gupta and Dr. N. Rajan Nair, Marketing Management: Text and Cases 15th Edition,
S. Chand, and Sons 2012
3. N Rajan Nair and Sanjith R Nair, Marketing – Revised Edition, Sultan Chand & Sons – Tb,
2017
Course Outcomes:

1. Discuss the core concepts of marketing


2. Explain the factors influencing buyer behaviour
3. Understand the concept of the marketing mix and service Mix
4. Explain the pricing methods in a business setting
Understand the purpose of promotion for the business

BBA, w.e.f 21-22 admitted batch


School of Business, GITAM Deemed to be University

CO-PO Mapping:

PO1 PO2 PO3 PO4 PO5 PO6 PO7 PS01 PSO2 PSO3 PSO4
CO1 2 3 2 0 3 3 3 3 2
CO2 0 3 3 3 0 0 0 0 0
CO3 3 3 3 2 2 3 3 3 3
CO4 3 3 2 2 2 3 3 3 3
CO5 3 3 2 2 2 3 3 3 3

Note: 1 - Low Correlation 2 - Medium Correlation 3 - High Correlation

APPROVED IN:
BOS :28TH APRIL, 2021 ACADEMIC COUNCIL: 1ST APRIL, 2022

SDG No. & Statement:


Promote sustained, inclusive and sustainable economic growth, full and productive
employment and decent work for all
SDG Justification:

BBA, w.e.f 21-22 admitted batch

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