MKTG06092 2022 Marketing

General Details

Full Title
Marketing
Transcript Title
Marketing
Code
MKTG06092
Attendance
N/A %
Subject Area
MKTG - 0414 Marketing & Advertising
Department
BUS - Business
Level
06 - Level 6
Credit
10 - 10 Credits
Duration
Semester
Fee
Start Term
2022 - Full Academic Year 2022-23
End Term
9999 - The End of Time
Author(s)
Angela Bartlett, Susan Leonard, Christopher McGurrin, Kerry Dolan
Programme Membership
SG_BBUSO_C06 202200 Higher Certificate in Business in Business Studies (Online) SG_BBISO_C06 202300 Higher Certificate in Business in Business Studies
Description

This module aims to develop an understanding of the fundamental concepts, theories and practices of marketing and the role of marketing in all business functions. It looks at the importance of marketing research in evaluating past performance and for future decision-making. Students will also appreciate the importance of the customer experience and what influences consumer buyer behaviour.

Learning Outcomes

On completion of this module the learner will/should be able to;

1.

Describe the five main marketing orientations, including the significance of corporate social responsibility (CSR), equality, diversity, inclusion (EDI), and sustainability.

2.

Discuss the forces in the marketing environment and how organisations can respond to these forces in decision-making.

3.

Assess the benefits of market segmentation and understand how to position an offer for maximum competitive advantage.

4.

Explain the components and processes involved in the framing of a marketing mix, including the development of a marketing plan.

5.

Explain the key characteristics underlying the management of services and the additional 3 P's, including the importance of the customer experience.

6.

Describe the market research process and understand how to design and conduct a piece of systematic market research.

7.

Discuss the factors which influence consumer buyer behaviour and the purchase decision.

Teaching and Learning Strategies

Universal Design for Learning (UDL) is incorporated into the teaching and learning strategies. The teaching materials on the moodle page are accessible in alternative formats including audio, HTLM, ePub. A combination of Lectures, Tutorials, on-line discussion, Presentations, Peer teaching, Role play, Case studies and Online resources are used.

Module Assessment Strategies

Both formative and summative assessment strategies are used.

Summative:

Final Exam 60% (Closed book exam).

Continuous Assessment 40% (may include one but not more than two of the following: Presentations, Role play, Case studies, Multiple choice questions, Short questions, Essays, Peer teaching, Open book exams, Group based projects.  UDL principles are incorporated into assessment. All learning outcomes are assessed once, but not more than twice. Rubrics and marking schemes are available prior to any continuous assessment.

Formative: (MCQ, group based class exercises, group based informal presentations).

Repeat Assessments

Repeat final examination and/or any failed continuous assessment elements.

Indicative Syllabus

1. The Evolution of the Marketing Discipline. (LO1):

  • The role of marketing in society,
  • Differentiate between alternative concepts of marketing (including CSR, ethical decision making, EDI, sustainability).

2. The Marketing Environment. (LO2):

  • Examine the forces in the Macro and Micro Marketing Environment that impact on organisations and how organisations can respond to these forces in decision-making.

3. Segmentation, Targeting and Positioning Strategies. (LO3):

  • Identify the levels of market segmentation,
  • Explain the bases for segmentation,
  • Outline the role of target marketing and positioning for competitive advantage.

4. Product Strategy. (LO4):

  • Discuss what a product is,
  • The marketing considerations for each stage of the Product Life Cycle,
  • Describe the functions of packaging.

5. Pricing Strategy. (LO4):

  • Discuss what a price is and common pricing mistakes,
  • Examine pricing strategies and the factors affecting pricing decisions.

6. Marketing Communications. (LO4):

  • Introduce the marketing communications mix (including social media).

7.  Marketing Services and Customer Experience. (LO5):

  • Explain the key characteristics of services and the additional 3P's,
  • How to provide excellent Customer Service (Internal customer, external customer, standards of performance),
  • Explain the importance of the customer experience CX (Pillars for CX, moment of truth, touchpoints).

8. Marketing Research. (LO6):

  • The role of marketing research to the marketing function,
  • The marketing research process.

9. Consumer Buyer Behaviour. (LO7):

  • What influences consumer buyer behaviour,
  • The consumer decision journey (including the impact of technology):

10. Marketing plan outline. (LO1, 2, 3, 4, 5, 6, 7):

  • Explain the key components of a typical marketing plan outline.

Coursework & Assessment Breakdown

Coursework & Continuous Assessment
40 %
End of Semester / Year Formal Exam
60 %

Coursework Assessment

Title Type Form Percent Week Learning Outcomes Assessed
1 Applied Project Coursework Assessment Project 20 % Week 6 1,2
2 Continuous Assessment Coursework Assessment Project 20 % Week 10 3,4
3 MCQ Formative Assessment 0 % OnGoing 1,2,3,4,5,6,7

End of Semester / Year Assessment

Title Type Form Percent Week Learning Outcomes Assessed
1 Final Examination Final Exam Closed Book Exam 60 % End of Semester 1,2,3,4,5,6,7
             
             

Online Learning Mode Workload


Type Location Description Hours Frequency Avg Workload
Lecture Online Lecture 2 Weekly 2.00
Independent Learning Not Specified Independent Learning 5 Weekly 5.00
Total Online Learning Average Weekly Learner Contact Time 2.00 Hours

Required & Recommended Book List

Recommended Reading
2019-03-19 Foundations of Marketing
ISBN 1526847345 ISBN-13 9781526847348

The book presents an accessible introduction to marketing. Packed with examples and end of chapter case studies highlighting the real world application of marketing concepts, the book features digital marketing integrated throughout the chapters as well as a chapter on marketing planning and strategy

Recommended Reading
2021-11-17 The Practice of Market Research
ISBN 1292331364 ISBN-13 9781292331362
Recommended Reading
2016-03-03 Market Research in Practice Kogan Page
ISBN 0749475854 ISBN-13 9780749475857

Market research has never been more important. As organizations become increasingly sophisticated, the need to profile customers, deliver customer satisfaction, target certain audiences, develop their brands, optimize prices and more has grown. Lively and accessible, Market Research in Practice is a practical introduction to market research tools, approaches and issues. Providing a clear, step-by-step guide to the whole process - from planning and executing a project through to analysing and presenting the findings - it explains how to use tools and methods effectively to obtain reliable results. This fully updated third edition of Market Research in Practice has been revised to reflect the most recent trends in the industry. Ten new chapters cover topical issues such as ethics in market research and qualitative and quantitative research, plus key concepts such as international research, how to design and scope a survey, how to create a questionnaire, how to choose a sample and how to carry out interviews are covered in detail. Tips, and advice from the authors' own extensive experiences, along with case studies from companies such as Adidas, Marks & Spencer, Grohe and General Motors, are included throughout to ground the concepts in business reality. Accompanied by a range of online tools and templates, this is an invaluable guide for students of research methods, researchers, marketers and users of market research.

Recommended Reading
2020 The Cult of the Customer
ISBN 1640951539 ISBN-13 9781640951532

"This book is about creating a corporate culture that is so focused on taking care of and tending to employees and customers that the culture itself creates evangelists. Evangelists are special people who go out of their way to tell the world just how great you and your company are. They are exactly the kind of advocates that you want your organization's culture to create. That's the end result of The Cult of the Customer. There are many companies who have managed to build a culture that has reached this level-a culture rooted in a concept called amazement. In this book, I'll tell you their stories, show you exactly how they made The Cult of the Customer happen, and show you how you can make it happen, too. You'll start by determining what cult you're in now and then by figuring out what cult you want to be in. Bear this in mind as you make your way through this book: a cult is nothing more or less than a system of shared belief, interest, or experience-in other words, a group of people with a shared agreement about what they will be cultivating together. When it comes to business, I'm in a cult, and I hope you are, too: The Cult of the Customer! Years ago, I identified five phases that customers go through from the time they first start doing business with you until they become loyal to you and your company. That much was set, even though the names I gave those phases changed over time. Here is the interesting part-the part that matters to you and me as business people. Employees of your company go through identical phases. So for a company to create an amazing experience-one that creates not just loyal customers but company evangelists-the employees of that company must move through these phases before the customers do. These phases are the various cults that your company may be in. You'll learn about all these phases in this book"--

Recommended Reading
2011-05-13 Marketing: An Introduction for Students in Ireland Gill & Macmillan Ltd
ISBN 0717149811 ISBN-13 9780717149810

The fourth edition of this successful and well-established textbook provides an introduction to marketing theory, supported by examples of Irish and international marketing best practice. *New to this edition: * Completely updated perspectives on marketing theory and practice * Each chapter is updated with new vignettes, statistics, theories and examples to reflect dynamic changes and challenges within this discipline * New and updated case studies including the Love Irish Food Initiative, the Community Games Movement, Tayto, Flahavan's Porridge and Dubarry Footwear * Analysis of the changes that have taken place in the Irish marketing environment * Emphasis on the challenges that will face Irish marketers in coming years * A customer-centric approach to marketing is presented as the basis for making key decisions Additional resources for lecturers include: PowerPoint slides Multiple choice questions with answers Short questions with answers Case study teaching notes A 'Design a Questionnaire' exercise with answer Advertisement images and statistics tables from the text SUITABLE FOR - First and Second year business students at third level - Students taking a marketing module as part of any other course

Module Resources

Non ISBN Literary Resources

As per book list.

Updated Literary Resources
Journal Resources

Various Journals (Harvard Business Review, Irish Marketing Journal, McKinsey Quarterly, Journal of Marketing, Sloan Management Review, European Journal of Marketing, Irish Marketing Journal).

URL Resources

Library Databases (Emerald, Infotrac, Science Direct).

Various websites such as www.quickmba.ie; www.netmba.com; www.esri.ie; www.rgdata.ie; www.bitc.ie; www.asai.iewww.prii.iewww.adworld.iewww.bci.iewww.onside.iewww.directbrand.iewww.salesinstitute.ie).

Moodle Page.

Other Resources

Various Case Studies and Reports.

Additional Information

None.