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MRK 4220 Product and Brand Management: Course Syllabus, Summaries of Marketing

Introduction to Marketing: This section covers the basic definition of marketing, its role in business, and the importance of understanding customer needs and wants. Marketing Mix: The marketing mix consists of four key elements, also known as the 4Ps: Product, Price, Place, and Promotion. This section explains each component and how they work together to create a marketing strategy. Market Segmentation and Targeting: Here, students learn about dividing the market into distinct groups based on characteristics such as demographics, psychographics, and behavior. Targeting involves selecting specific segments to focus marketing efforts on. Consumer Behavior: This topic explores the psychological, social, and cultural factors that influence consumers' purchasing decisions. It covers concepts like perception, motivation, learning, and the decision-making process. Marketing Research: Students learn about the importance of gathering and analyzing data to make informed marketing decisions.

Typology: Summaries

2022/2023

Uploaded on 06/04/2023

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MRK 4220 PRODUCT AND BRAND MANAGEMENT
20223
Prof. Dr. Burcu İlter
Class: Thursday, 15.45 (Online)
Assistant : Kevser Yılmaz
Recommended or Required Reading
1. Keller, Kevin L. (2003), Strategic Brand Management: Building, Measuring, and Managing Brand Equity. Upper
Saddle River, NJ: Prentice Hall.
Assessment Criteria
1. Final exam will be based on essays, which evaluate understanding, synthesis, and evaluation of the textbook and
the lecture material. (Final %30)
2. Through this class you will be graded on performance on two types of assignments. (class exercises 3*10=30;
Brand audit 40 pnts)
- In-class exercises
-Groups are expected to do presentations regarding assigned small exercises, within assigned exercise dates. The
exercises can be provided either one week before the in-class exercise date or they can be given on the same date
as the exercise depending on the type of exercise. If the group members are not present on the exercise date they
will not be graded.
- Brand Audit Project
Groups are expected to select a real brand (new or well-established) and conduct an audit for that brand. Every
team must study a different brand, so pre-approval with me is necessary. The deeper you get into the company,
the more insightful the project becomes, and the greater the likelihood that your recommendations will be
implemented and you will have an impact. A startup that has not yet introduced a product is also acceptable, so
long as the product definition is sufficiently developed to allow for a meaningful brand audit. Feel free to pick a
service (e.g., non-profit or for-profit) or product (e.g., consumer, technology, or person).
A brand audit aims to assess the sources of a brand’s equity and suggest ways to improve and leverage
that equity. A brand audit is made up of:
1) A brand inventory (a current comprehensive profile of how all products and services are marketed,
branded, and sold by a company),
2) A brand exploratory (research activity directed to understanding what consumers think and feel about
the brand and its corresponding product category in order to identify sources of brand equity.), and
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MRK 4220 PRODUCT AND BRAND MANAGEMENT

Prof. Dr. Burcu İlter Class: Thursday, 15.45 (Online) Assistant : Kevser Yılmaz Recommended or Required Reading

  1. Keller, Kevin L. (2003), Strategic Brand Management: Building, Measuring, and Managing Brand Equity. Upper Saddle River, NJ: Prentice Hall. Assessment Criteria
  2. Final exam will be based on essays, which evaluate understanding, synthesis, and evaluation of the textbook and the lecture material. (Final %30)
  3. Through this class you will be graded on performance on two types of assignments. (class exercises 3*10=30; Brand audit 40 pnts) - In-class exercises -Groups are expected to do presentations regarding assigned small exercises , within assigned exercise dates. The exercises can be provided either one week before the in-class exercise date or they can be given on the same date as the exercise depending on the type of exercise. If the group members are not present on the exercise date they will not be graded.
  • Brand Audit Project Groups are expected to select a real brand (new or well-established) and conduct an audit for that brand. Every team must study a different brand, so pre-approval with me is necessary. The deeper you get into the company, the more insightful the project becomes, and the greater the likelihood that your recommendations will be implemented and you will have an impact. A startup that has not yet introduced a product is also acceptable, so long as the product definition is sufficiently developed to allow for a meaningful brand audit. Feel free to pick a service (e.g., non-profit or for-profit) or product (e.g., consumer, technology, or person). A brand audit aims to assess the sources of a brand’s equity and suggest ways to improve and leverage that equity. A brand audit is made up of:
    1. A brand inventory (a current comprehensive profile of how all products and services are marketed, branded, and sold by a company),
    2. A brand exploratory (research activity directed to understanding what consumers think and feel about the brand and its corresponding product category in order to identify sources of brand equity.), and
  1. A set of strategic recommendations (recommendations to move from the current position to the desired position and a marketing strategy/program to deliver the desired outcome). The final project will include a written proposal as well as an oral presentation to the class. Presentations will be assessed on preparation, understanding, knowledge, capacity to structure, oral communication skills, and ability to respond to questions and manage the discussion.

WEEKS

1 Feb, 23 INTRODUCTION 2 Mar, 2 Brands and brand management (Ch. 1) Customer Based Brand Equity and Brand positioning (Ch.2) 3 Mar, 9 Brand Resonance and the brand value chain (Ch3) Choosing brand elements to build brand equity (Ch. 4) 4 Mar, 16 In class exercises 1 5 Mar, 23 Designing marketing programs to build brand equity(Ch5) Marketing communications to build brand equity (Ch6) 6 Mar, 30 Leveraging secondary brand associations to build brand equity (Ch7) 7-8 Apr, 6- 13

MIDTERMS

9 Apr, 20 In class exercises 2 10 Apr, 27 Designing and implementing branding architecture strategies (ch 11) Introducing and naming new products and brand extensions (ch 12) 11 May, 4 Managing brands over time (Ch. 13), and over geographic boundaries and market segments (ch.14) 12 May, 11 In class exercise 3 13 May, 18 Brand Audit Project 14 May, 25 Brand Audit Project 15 June, 1 Brand Audit Project 15 June 6- 17

FINALS