Marketing Management
Marketing Management
Marketing Management
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.
• 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
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 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:
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
APPROVED IN:
BOS :28TH APRIL, 2021 ACADEMIC COUNCIL: 1ST APRIL, 2022