Class: BBA
Course: Principles of Marketing
Course Instructor: Awais Khalid
E-mail:
[email protected]COURSE DESCRIPTION
This course is designed to introduce foundations of marketing as they relate to the whole
business enterprise. This course will focus on developing an understanding of key marketing
concepts. The objective of this course, specifically, is to enhance the conceptual knowledge of
marketing as applicable to decision making process with a focus on tactical marketing mix
decisions. Further it will provide the student with a comprehensive framework to evaluate
marketing decisions and to create successful marketing initiatives.
COURSE CONTENT
Week 1 INTRODUCTION TO MARKETING
Marketing and the Society
Importance and scope of marketing
Definition of marketing
Nature and concept of marketing
Week 2 MARKETING ENVIRONMENTS
The Marketing environment
Macro environment
Micro environment
Environmental scanning and monitoring
Week 3 & 4 MARKETING & STRATEGY
Strategic planning
Strategic marketing planning
Forecasting marketing demand
Week 5 & 6 MARKETING DECISIONS
Information required for marketing decisions
Reasons for obtaining information
Marketing research
Week 7 CONSUMER BEHAVIOUR
Information for purchase decisions
Consumer decision process
Influence of social and psychological factors
Market implications
Week 8 Mid-Term Exam
Week 9 & 10 MARKET SEGMENTATION AND TARGETING
Factors for Segmentation
Selecting the target market
Developing the positioning and target market strategies
Week 11 PRODUCTS AND SERVICES
Definition of product and services
Classification of consumer goods
Classification of business goods
Week 12 PRODUCT DEVELOPMENT AND LIFE CYCLE
Product development process and commercialization
Product life cycle stages and its implications
Week 13 & 14 PROMOTION
Importance and types of promotion
Channels of communication
Objectives, budgeting and promotional mix
Legal environments of promotion
Week 15 Project Presentations
Week 16 Final-Term Exam
READING
1. Principles of Marketing by Philip Kotler
2. Principles of Marketing by Keller