Marketing Management: Tools and Techniques | Study Unit
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Marketing Management: Tools And Techniques

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Topics 10

Introduction to Marketing Management
An overview of marketing management, its importance in business, and the role it plays in...
Marketing Research Methods
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SWOT Analysis in Marketing
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Market Segmentation
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Marketing Mix (4Ps)
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Digital Marketing Strategies
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Customer Relationship Management (CRM)
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Marketing Analytics
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Brand Management
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International Marketing Strategies
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Unit Outline 40h

Learning Objectives

5 objectives
  • Understand the fundamental principles and importance of marketing management in business.
  • Apply various marketing research methods to gather and analyze market data effectively.
  • Conduct SWOT analysis to evaluate internal and external marketing factors.
  • Develop marketing strategies using segmentation, the marketing mix, and digital marketing tools.
  • Evaluate and implement customer relationship management, brand management, and international marketing strategies.

Content Outline

Preview

Unit 4107: Marketing Management

1. Introduction to Marketing Management

  • Definition and scope of marketing management
  • Importance of marketing in achieving organizational goals
  • Roles and responsibilities of a marketing manager
  • Relationship between marketing and other business functions

2. Marketing Research Methods

  • Purpose and significance of marketing research
  • Qualitative vs quantitative research
  • Primary research methods: surveys, interviews, focus groups, observations
  • Secondary research methods: data mining, market reports, competitor analysis
  • Tools and technologies for marketing research
  • Analyzing and interpreting research data

3. SWOT Analysis in Marketing

  • Understanding internal factors: Strengths and Weaknesses
  • Understanding external factors: Opportunities and Threats
  • Steps to conduct a SWOT analysis
  • Using SWOT to inform marketing strategy development
  • Case studies illustrating effective SWOT analysis

4. Market Segmentation

  • Definition and benefits of market segmentation
  • Bases for segmentation: geographic, demographic, psychographic, behavioral
  • Criteria for effective segmentation
  • Target market selection and positioning
  • Customizing marketing strategies for segments

5. Marketing Mix (4Ps)

  • Overview of the marketing mix concept
  • Product: product life cycle, features, branding, packaging
  • Price: pricing strategies, factors influencing pricing decisions
  • Place: distribution channels, logistics, retailing
  • Promotion: advertising, sales promotion, public relations, personal selling
  • Integrating 4Ps to achieve marketing objectives

6. Digital Marketing Strategies

  • Introduction to digital marketing and its importance
  • Social media marketing: platforms, content strategies, engagement
  • Content marketing: blogs, videos, podcasts
  • Search Engine Optimization (SEO): principles and best practices
  • Email marketing campaigns: design, segmentation, automation
  • Measuring digital marketing effectiveness

7. Customer Relationship Management (CRM)

  • Definition and objectives of CRM
  • Building strong customer relationships
  • Tools and technologies for CRM
  • Personalization and customer communication strategies
  • Loyalty programs and customer retention techniques
  • Collecting and using customer feedback

8. Marketing Analytics

  • Role of analytics in marketing decision-making
  • Key performance indicators (KPIs) for marketing campaigns
  • Data collection and analysis methods
  • Return on Investment (ROI) calculation and evaluation
  • Using analytics to optimize marketing strategies

9. Brand Management

  • Concept of brand and brand identity
  • Brand positioning and differentiation
  • Building brand equity
  • Brand extension and portfolio management
  • Strategies for managing and sustaining brand reputation

10. International Marketing Strategies

  • Overview of global marketing environment
  • Challenges in international marketing: cultural, legal, economic
  • Market entry strategies: exporting, joint ventures, direct investment
  • Adapting marketing mix for different international markets
  • Case studies on successful international marketing campaigns
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