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Jan 02, 2025
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BA 223 Principles of Marketing Lecture Hours: 4 Credits: 4
Surveys all functions of marketing from research and product development to the sale of a product or service and feedback regarding consumer acceptance. Emphasizes marketing planning and strategy as dictated by the consumer through marketing research..
Recommended: Placement into WR 121Z ; and completion of BA 101Z , BA 211Z , and CIS 125E (with a grade of C or better).
Student Learning Outcomes:
- Define the purpose and functions of marketing.
- Describe, research, and analyze the uncontrollable elements of the marketing environment, including economics; market segmentation by demographics, psychographics, socio-economic class, and geographic differences; and competitive, political, and legal environments.
- Describe, gather, and interpret primary and secondary marketing research information.
- Describe and anticipate the buying behavior of final consumers.
- Define the marketing mix and strategize a marketing mix for a particular product or service.
- Compare and contrast international marketing with domestic marketing.
- Apply marketing concepts learned throughout the course, including application of the four Ps, use of the three main segmentation strategies to identify target market and positioning, conducting a SWOT analysis, and preparing budgeted financials for a startup business in the form of a business or marketing plan.
Content Outline
- World of Marketing
- Marketing overview
- Strategic planning for competitive advantage
- Social responsibility, ethics, and the marketing environment
- Developing a global vision
- Analyzing Marketing Opportunities
- Consumer decision making
- Business marketing
- Segmenting and targeting markets
- Decision support systems and marketing research
- Designing Product Decisions
- Product concepts
- Developing and managing products
- Services and nonprofit organization marketing
- Distribution Decisions
- Marketing channels and supply chain management
- Retailing
- Promotional Decisions
- Integrated marketing communication
- Advertising and public relations
- Sales promotion and personal selling
- Pricing Decisions
- Pricing concepts
- Setting the right prices
- Technology-Driven Marketing
- Customer Relationship Management (CRM)
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