This course will enable the students to develop an understanding of marketing concepts.
Course Outcomes (COs):
Course |
Learning outcomes (at course level) |
Learning and teaching strategies |
Assessment Strategies |
|
Course Code |
Course Title |
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24CBTM302 |
Principles of Marketing (Theory)
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CO97:Apply basic concepts of marketing CO98:Analyze market segments, targeting and positioning CO99:Evaluate the product mix of companies CO100:Determine the significance of pricing and distribution strategies of companies CO101:Develop promotional activities for products CO102:Contribute effectively in course-specific interaction |
Approach in teaching: Interactive Hours, Discussion, Tutorials, Reading assignments, Demonstration
Learning activities for the students: Self learning assignments, Effective questions, Seminar presentation, Group tasks
|
Class test, Semester end examinations, Quiz, Assignments, Presentation, Individual and group projects |
Introduction to Marketing: Meaning and Concept of Market, Marketing. Five core Marketing (Need, Want and Demand; Market offerings; Value and Satisfaction; Exchanges and relationships; Markets), Difference between Marketing and Selling,
Introduction to Marketing Mix, Elements of Macro and Micro-environment
Market Segmentation, Targeting and Positioning
Concept, Bases of Market Segmentation, Concept of Targeting and Market Positioning
Product Management: : Product and its levels, Product Classification, Packaging and Labelling, Product Life Cycle, Product Mix, Product Line Decisions
Pricing Decisions: Concept of Price, Factors affecting Pricing Decisions, Pricing Strategies
Marketing Channels: Concept, Channel functions, Types of Marketing Intermediaries, Channel design decisions
Promotion Mix: Concept of Integrated Marketing Communication, Advertising, Sales Promotion, Direct Marketing, Public Relations & Publicity and Personal Selling
1. Philip Kotler, Kevin Keller, Marketing Management, Pearson Education
2. Rajan Saxena, Marketing Management, Tata McGraw Hill
Suggested Readings:
E- resources: