GSBA-528: Marketing Management Spring 2018
Transcript of GSBA-528: Marketing Management Spring 2018
GSBA-528: Marketing Management
Spring 2018
Instructor: Rex Kovacevich
Office: HOH 622
Office Hours: by appointment
Phone: (213) 740-5045
Email: [email protected]
COURSE DESCRIPTION Though marketing specialists may assist with particular marketing tasks, critical marketing decisions are a general
management responsibility and not something to be delegated. Marketing is about creating value for customers and
then capturing part of that value for the organization. Doing marketing well is important since marketing decisions
impact an organization’s financial performance on many different levels. The marketing process is relatively
straightforward…assessing the market, developing a course of action, implementing a plan, and evaluating the
results…but loaded with complexities. This course integrates a common language, and a set of concepts and
frameworks to help you analyze marketing situations and develop recommendations.
COURSE OBJECTIVES The primary learning outcomes for this course are the following:
1. Demonstrate an understanding of foundational marketing terms, concepts, and frameworks.
2. Develop decision-making skills in marketing by applying a process that incorporates marketing concepts and
frameworks within a variety of business environments, including global marketplaces.
3. Develop decision-making skills in marketing by improving critical thinking skills through use of data and logic.
4. Apply quantitative and spreadsheet skills to evaluate marketing problems and develop solutions.
The secondary learning outcomes for this course are the following:
5. Refine people and leadership skills by working with others to develop a marketing plan.
6. Demonstrate ethical reasoning skills relating to marketing, and understand social, civic, and professional
responsibilities, and aspire to add value to society.
COURSE MATERIALS
“A Preface to Marketing Management,” 14th edition, by Peter, J. Paul and Donnelly, Jr., James (2015).
Published by McGraw Hill Education.
Electronic Course Reader containing cases and articles.
Enrollment in HBS “Marketing Simulation: Managing Segments and Customers.”
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GRADING
Graded Items Points %
Weighting
Due Dates
Participation 30 10% ongoing
Individual Case Write-ups 15 5% March 5, 19…April 2, 16, 23 (only 3 needed)
Mid-Term 50 17% April 2
Marketing Simulation 15 5% March 19 – April 9
Team Marketing Plans – 1 30 10% March 19
Team Marketing Plans – 2 60 20% April 25
Final Exam 100 33% April 30
TOTAL 300 100%
CLASS PARTICIPATION
To develop critical thinking and problem-solving skills relating to marketing problems, we will use several
instructional methods in this class, including case discussions. Class participation is an extremely important part of
the learning experience in this course as the richness of the learning experience will be largely dependent upon the
degree of preparation by all students prior to each class session.
A course that incorporates the frequent use of case analyses to illustrate the practical application of concepts and
practices requires the student to diligently and thoroughly prepare cases and actively offer the results of the
analyses and conclusions derived as well as recommendations during each class session. My expectation and that
of your classmates are that you are prepared for all classes and will actively participate in and meaningfully
contribute to class discussions.
In-class participation is a critical part of this course’s learning experience. Cold calling may take place to
encourage active participation and to gain multiple perspectives and points of view, thus lending itself to the
richness of the learning experience. In-class participation grading will be based on students’ demonstrated
willingness to participate and the quality of the comments expressed, rather than quantity. While some students are
far more comfortable than others with class participation, all students should make an effort to contribute
meaningfully.
Students will offer their opinions in group settings many times in their careers; thus, class participation serves to
prepare students for this business experience. The evaluating of in-class participation is based on the following:
Relevance – Does the comment or question meaningfully bear on the subject at hand? Irrelevant or
inappropriate comments can detract from the learning experience.
Responsiveness – Does the comment or question connect to what someone else has said?
Analysis – Is the reasoning employed consistent and logical? Has data from course materials, personal
experience, or general knowledge been employed to support the assertions/findings?
Value – Does the contribution further the understanding of the issues at hand?
Clarity – Is the comment concise and understandable?
During class sessions, I frequently assume the role of a facilitator to encourage a discussion that includes
perspectives from a variety of viewpoints and, secondly, to help pull together prevailing analyses and
recommendations. The direction and quality of a discussion is the collective responsibility of the class.
During discussions, I will evaluate student comments using criteria similar to what is listed below. These points
aren’t meant to add up to your final score, but will be used to compare your overall performance to the performance
of other students, and converted to a 0 to 30 point scale.
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3 points: Excellent Performance
Initiates information relative to topics discussed
Accurately exhibits knowledge of assignment content
Clarifies points that others may not understand
Raises level of discussion and/or class knowledge with insights
Demonstrates ability to apply, analyze, evaluate & synthesize course material.
Demonstrates willingness to attempt to answer unpopular questions
Builds on other students’ contributions
2 points: Good Performance
Participates in group discussions when asked
Demonstrates knowledge of course material
Offers clear, concise, “good” information during discussions
Offers input, but tends to reiterate the intuitive
Attends class regularly
0 – 1 points: Unacceptable Performance
Fails to participate even when directly asked
Gives no input to discussions
Does not demonstrate knowledge of the readings
Shows up to class: does nothing
Distracts group / class
Irrelevant discussion
Regarding attendance, you need to be here. An eight session term means every class is critical. I will regularly
make note of attendance during the semester. Poor attendance usually correlates with poor participation.
INDIVIDUAL CASE WRITE-UPS
To help prepare for case discussions, each student will submit a write-up for three out of the five
eligible cases by answering the assigned “write-up” question. This hard copy will be due at the
beginning of each case discussion class. The format will be a one page typed write-up (second page is
OK to show any calculations or illustrations).
The three case write-ups will each be worth up to 5 points. These will be graded quickly based on the
following scale:
5 points – Identification of relevant issues, accuracy of facts, writing clarity, relevant use of class
concepts/frameworks (where applicable) and quantitative support (where applicable).
4 points – Missing or weak within 1 of the above criteria.
3 points – Missing or weak within 2 or 3 of the above criteria.
…etc.
MARKETING SIMULATION
One of our case discussions will be based on an interactive case through a marketing simulation that
will incorporate several topics we will cover during the term, but will emphasize the link between
segmentation and marketing-strategy formulation.
We will begin with a couple of practice runs (12 periods each) to help you become acquainted with
the company you’ll be managing. You will then complete a run that will count toward your ranking,
followed by as many runs as you would like to complete where the best run will also be used to
determine your final ranking. Schedule will be the following:
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March 19 Simulation introduction
March 20 - 27 Practice runs
March 28 - 30 Single “real” run of 13 quarters
April 1 – April 8 Additional runs for “best” score
April 9 Simulation debriefing in class
To encourage a little emotional investment in the simulation, there will be a grade assigned to the play
of the simulation (discussion of the results will count toward participation). This grade will be based
on a ranking of an average of your first round “score” and best subsequent round “score.” The
maximum simulation score that you may earn for each run is 100 points, and calculated as follows:
Result Max. Score Result/Max.
Score
Weighting Contribution to
final score
Market Share 10% 15% 67% 25% 17
Cum. Profit $6 million $10 million 60% 35% 21
Cum. Revenue $40 million $100 million 40% 15% 6
Average Customer
Satisfaction
60%
100%
60%
25%
15
Player Score 100% 59
Grades will then be assigned based on each student’s class rank as follows:
Top 1 15 points
2 - 15 14 points
16 - 30 13 points
31 - 45 12 points
46 - 60 11 points
61 and below
late completion
10 points
8 points
EXAMS
The first exam will be worth 50 points and include 20 multiple-choice questions (2 points each) and 2 essay
questions (5 points each). The final exam will be worth 100 points and include 35 multiple-choice questions (2
points each) and 4 or 5 essay questions totaling 30 points.
TEAM STRATEGIC MARKETING PLAN – Parts 1 (30 points) & 2 (60 points)
Each team will evaluate the performance of an existing product or service of their choice, and develop
recommendations in the form of a marketing plan. Team members’ companies are eligible. Assume
that your team is a marketing consulting firm hired to evaluate and make recommendations to help the
company improve its bottom line. Recommendations will likely center on adjusting the marketing mix
to accomplish one or more of the following: improving marketing-related profit margins, increasing
share of wallet, increasing share of market, and/or pursuing new markets with existing or brand new
products. There will be numerous strategic and tactical routes to reach your objectives, and your
recommendations should correlate with your situation analysis.
Develop teamwork skills and marketing concept knowledge by putting together a comprehensive
strategic marketing plan for an existing product or service.
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Part 1
Analyze company’s marketing activities to
identify opportunities or threats that need to be
addressed.
Due March 19. 6 – 8 page analysis, plus
additional pages for appendices that might include
exhibits, tables, illustrations, etc. Single-spaced.
References identified based on footnotes in the
American Psychological Association (APA)
format. Suggested outline contained in Appx. B.
30 points, and will be scored based on the grading
summary sheet in Appx. A
Part 2
Develop recommendations to address marketing
priorities identified in part 1 that will improve or
sustain bottom line.
Due April 25. 8 – 10 page (excluding exhibits,
tables, illustrations) recommendations and
feasibility analysis. Single-spaced. References
identified based on APA format footnotes.
Suggested outline contained in Appx. C.
60 points, and will be scored based on the grading
summary sheet in Appx. B
CLASS POLICIES
Class Communications:
Seating Chart: A seating chart will be established by our second class. Please use that seat throughout
the semester so I can get to know you and more accurately evaluate your classroom contributions.
E-mail Responses: For weekdays, my responses will be within 24 hours…and within the same day
most of the time.
Electronic Devices: Laptops are generally not allowed during class, but still bring them as they will be
used intermittently for case discussions and classroom exercises. Cell phones and other electronic
devices should not be used during class.
Obtaining Content for Missed Classes
Office hours aren’t practical for repeating lectures due to missed classes. If you’re absent, start by piecing together missed information from the posted material, the book and the notes of other students. Then see me with any questions you still have. Assignment Submission Policy A hard copy is due at the beginning of class on the assigned due date. Assignments may also be sent via e-mail if you think you are running late or will miss class. There will is a 10% deduction for each 24 hour period late, except the brief written case assignments, which will not be accepted once the case discussion has started.
STATEMENT OF ACADEMIC CONDUCT AND SUPPORT SYSTEMS
Academic integrity:
USC seeks to maintain an optimal learning environment. Students are expected to submit original work.
They have an obligation both to protect their own work from misuse and to avoid using another’s work as
their own. All students are expected to understand and abide by the principles of academic honesty
outlined in the University Student Conduct Code (see University Governance, Section 11.00) of SCampus
(www.usc.edu/scampus or http://scampus.usc.edu). The recommended sanctions for academic integrity
violations can be found in Appendix A of the Student Conduct Code.
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Students with Disabilities:
USC is committed to making reasonable accommodations to assist individuals with disabilities in
reaching their academic potential. If you have a disability which may impact your performance,
attendance, or grades in this course and require accommodations, you must first register with the Office of
Disability Services and Programs (www.usc.edu/disability). DSP provides certification for students with
disabilities and helps arrange the relevant accommodations. Any student requesting academic
accommodations based on a disability is required to register with Disability Services and Programs (DSP)
each semester. A letter of verification for approved accommodations can be obtained from DSP. Please be
sure the letter is delivered to me (or to your TA) as early in the semester as possible. DSP is located in
GFS (Grace Ford Salvatori Hall) 120 and is open 8:30 a.m.–5:00 p.m., Monday through Friday. The
phone number for DSP is (213) 740-0776. Email: [email protected].
Support Systems: Student Counseling Services (SCS) - (213) 740-7711 – 24/7 on call
Free and confidential mental health treatment for students, including short-term psychotherapy, group
counseling, stress fitness workshops, and crisis intervention. https://engemannshc.usc.edu/counseling/
National Suicide Prevention Lifeline - 1-800-273-8255
Provides free and confidential emotional support to people in suicidal crisis or emotional distress 24 hours
a day, 7 days a week. http://www.suicidepreventionlifeline.org
Relationship & Sexual Violence Prevention Services (RSVP) - (213) 740-4900 - 24/7 on call
Free and confidential therapy services, workshops, and training for situations related to gender-based
harm. https://engemannshc.usc.edu/rsvp/
Sexual Assault Resource Center
For more information about how to get help or help a survivor, rights, reporting options, and additional
resources, visit the website: http://sarc.usc.edu/
Office of Equity and Diversity (OED)/Title IX compliance – (213) 740-5086
Works with faculty, staff, visitors, applicants, and students around issues of protected class.
https://equity.usc.edu/
Bias Assessment Response and Support
Incidents of bias, hate crimes and microaggressions need to be reported allowing for appropriate
investigation and response. https://studentaffairs.usc.edu/bias-assessment-response-support/
Student Support & Advocacy – (213) 821-4710
Assists students and families in resolving complex issues adversely affecting their success as a student
EX: personal, financial, and academic. https://studentaffairs.usc.edu/ssa/
Diversity at USC – https://diversity.usc.edu/
Tabs for Events, Programs and Training, Task Force (including representatives for each school),
Chronology, Participate, Resources for Students
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Appendix A Strategic Marketing Plan Outline
Part 1 - Analysis 1. Company Introduction (one page)
Not part of the formal analysis, but simply to summarize important background information uncovered.
Include company name, location(s), business area on which you are focusing, size, and brief history.
2. SWOT Summary
3. Situation Assessment
Company
o How has the company (or this unit of a large company) recently performed? What are the firm’s
critical assets and capabilities?
o Marketing mix review. What marketing tactics have been used recently, and what market position
has the company wanted to create/support with these tactics? How does the product line perform
compared to the competition?
Collaborators
o What is the value-adding role of current or future value chain collaborators?
o Which strategic alliances are critical for future success?
Competitors
o Who are the important competitors? How have competitors recently performed?
o What are competitors’ strengths and weaknesses?
o What are competitors’ notable points-of-parity, points-of-difference?
o How is competition evolving?
o How can your company gain/hold/improve a competitive advantage in this market?
Customers
o Broad market characteristics. Beyond the company’s own customers, what is the size, growth rate,
and customer demand characteristics within this market?
o What causes a customer to purchase and use this particular product or service? What job(s) is a
customer hiring this product/service to do?
o What are the identifying characteristics of the firms’ targeted customers? Consider characteristics
beyond demographics.
Context
o What are the business impacts, if any, that may come from legal/political, demographic,
social/cultural, technological, economic, and/or resource forces? Are these factors part of any
long-term trends impacting the market?
4. Future Marketing Priorities
What are the future marketing-related priorities for the company?
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Appendix B Strategic Marketing Plan Outline
Part 2 - Recommendations 1. Executive Summary (one page)
Use an opening sentence similar to “Due to state the successes, opportunities or problems, our team
recommends XYZ Company briefly describe recommended action.”
Include the opening (above), a situation overview (highlights from part 1), proposed objectives, significant
next steps and implications/risks.
2. Recommendations
o Objectives. What are realistic goals given 5C conditions (tie goals to market share growth, wallet share
growth, profit margin improvement, and/or new market opportunities)?
o Strategic considerations
o Target market(s)
Is firm pursuing right target market?
Are there ways the firm needs to understand the target market better?
o Value proposition
Does the value proposition align with the job customers want done?
Are there ways POP and POD should be made more compelling?
o Positioning
Should positioning be kept the same or altered?
o Tactical considerations - Marketing mix recommendations
o Implementation
o Timeline for major tactical steps
o Proposal feasibility
o Competitor reaction. Customer reaction.
o What are the potential impacts (if any) from “context” forces?
o Which value chain alliances are critical for future success?
3. Follow-up
Critical marketing metrics – What data/information should the company monitor to best assess performance
of your recommendations?
Contingency plans – Are there contingency plans company should consider if any of the risk factors
materialize?
4. Exhibits
Including, but not limited to, a “recommendation summary” table (below):
Identified Priority Objective Strategy Tactics
Other possibilities include financial impacts (even if at a basic level), market data, and data
relating to marketing mix elements
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Appendix C
Instructor Evaluation Sheet for Strategic Marketing Plan Assignments
Part 1 - Analysis
Grading Criteria Points Earned
Possible Points
1. Company Introduction / Analysis Summary 5 2. SWOT Summary 5 3. Situation Assessment 10 4. Clarity/Logic of Marketing Priorities 5 5. Degree of Difficulty / Effort Level 5
Total Score
30
Part 2 - Recommendations
Grading Criteria Points Earned
Possible Points
1. Executive Summary 5 2. Objectives 5 3. Assessment of strategic elements 10 4. Marketing mix recommendation logic/support 10 5. Implementation 5 6. Metrics / Contingency Plans 5 7. Financial Data 5 8. Summary Table 10 9. Degree of Difficulty / Effort Level 5
Total Score
60
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Appendix D
GSBA 528 - Marketing Management
Strategic Marketing Plan Peer Evaluation
Name of group member:
A (you)____________________________ B_________________________________
C_________________________________ D_________________________________
E_________________________________ F__________________________________
Assess each teammate's contributions on a
1-5 scale (5 is excellent) A B C D E
F
Attended and was engaged in team meetings
from beginning to end
Listened to and acknowledged suggestions
from others
Made valuable suggestions
Took initiative to lead discussions, organize
and complete tasks
Contributed to organizing the assignment
Contributed to writing the assignment
Reliably completed tasks on time in a
quality manner
Contributed to team cohesion
I would want to work with this team
member again.
Based on above, provide an overall group
member rating
Please elaborate on ratings:
Your name:
Date:
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Appendix E
MARSHALL GRADUATE PROGRAMS LEARNING GOALS
How GSBA 528 Contributes to Marshall Graduate Program Learning Goals
Marshall Graduate Program Learning Goals GSBA 528
Objectives that
support goal
Assessment
Method*
Learning Goal #1: Develop Personal Strengths. Our graduates will develop a global and entrepreneurial mindset, lead with
integrity, purpose and ethical perspective, and draw value from diversity
and inclusion.
1.1 Possess personal integrity and a commitment to an organization’s
purpose and core values.
---
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1.2 Expand awareness with a global and entrepreneurial mindset, drawing
value from diversity and inclusion.
2, 6
case studies
1.3 Exhibit awareness of ethical dimensions and professional standards in
decision making.
6
case studies
Learning Goal #2: Gain Knowledge and Skills. Our graduates will develop a deep understanding of the key functions of
business enterprises and will be able to identify and take advantage of
opportunities in a complex, uncertain and dynamic business environment
using critical and analytical thinking skills.
2.1 Gain knowledge of the key functions of business enterprises.
1
exam
questions
2.2 Acquire advanced skills to understand and analyze significant business
opportunities, which can be complex, uncertain and dynamic.
2, 3, 4
simulation,
case studies
2.3 Use critical and analytical thinking to identify viable options that can
create short-term and long-term value for organizations and their
stakeholders.
2, 3, 4
simulation,
case studies
Learning Goal #3: Motivate and Build High Performing Teams. Our graduates will achieve results by fostering collaboration,
communication and adaptability on individual, team, and organization
levels.
3.1 Motivate and work with colleagues, partners, and other stakeholders to
achieve organizational purposes.
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marketing
project
3.2 Help build and sustain high-performing teams by infusing teams with a
variety of perspectives, talents, and skills and aligning individual success
with team success and with overall organizational success.
5
marketing
project
3.3 Foster collaboration, communication and adaptability in helping
organizations excel in a changing business landscape.
5
marketing
project
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COURSE OUTLINE AND ASSIGNMENTS
Understanding Market Dynamics
Class 1 (Feb. 26)
Topics Welcome / class orientation
“The value-adding role of marketing”
Tools: Market data sorting exercise
Pre-Work Text: Ch. 1 – Strategic Planning & the Marketing Management Process
Ch. 13 – Global Marketing
Articles:
Building a Marketing Organization that Drives Growth Today…online at https://www.mckinsey.com/business-functions/marketing-and-sales/our-insights/building-a-marketing-
organization-that-drives-growth-today
Global Brand Management: Best Practices and Learnings from Efforts to Build
the Best Business “Over There"
Case: none
Class 2
(March 5)
Topics
“Understanding customers”
Tools: Customer lifetime value
Pre-Work Text: Ch. 2 – Marketing Research: Process & Systems for Decision Making
Ch. 3 – Consumer Behavior
Ch. 4 – Business, Government & Institutional Buying
Articles:
Know Your Customers’ “Jobs to Be Done”
Customer Centricity
Case:
Case:
“Should you listen to the customer?” (write-up not required)
As you read the case, consider these questions:
Should Delacroix launch a customer research initiative?
Does your current organization conduct customer research? Why or
why not?
“Aqualisa Quartz: Simply a Better Shower”
As you prepare for the discussion, consider the following questions:
What is the problem? Why is the Quartz shower not selling?
(write-up) What is the Quartz value-proposition to plumbers? To
consumers?
Aqualisa currently has three brands - Aqualisa, Gainsborough and
ShowerMax. What is the rationale? Does it make sense?
What should Rawlinson do to build sales momentum for the Quartz
product?
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Class 3 (March 19)
Topics
Due Date
“Identifying and targeting customers”
“Marketing metrics”
Tools: Modeling marketing profitability
Introduction to Marketing Simulation
Strategic Marketing Plan – Part 1 is due
Pre-Work Text: Ch. 5 – Market Segmentation
Articles:
The Customer Pyramid: Creating & Serving Profitable Customers
Case: “Metabical”
As you prepare for the discussion, consider the following questions (in this case,
write-ups should address both questions):
(write-up) Who should be the target market for Metabical?
(write-up) How should the product be positioned?
Given the positioning strategy you propose, what would be your
recommended communications strategy? Would you change the marketing
communication budget or the IMC mix? If so, how?
Class 4 (April 2)
Topics “Shaping the value proposition: positioning”
“Products, services and the power of branding - part 1”
Mid-Term
Pre-Work Text: Ch. 6 – Product and Brand Strategy
Ch. 12 – The Marketing of Services
Articles:
Case:
Design Thinking
Chateau Margaux: Launching the Third Wine
As you prepare for the discussion, consider the following questions:
What is your assessment of the Chateau Margaux brand identity and brand
value?
Who should be the target market for the new wine and how should it be
positioned in light of the other two wines produced by the chateau?
(write-up) If you were put in charge of the third wine, what would be your
marketing plan? Would you use the traditional Bordeaux distribution
system? How much profit do you expect to make on the sale of the third
wine?
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Using the Marketing Mix to Deliver the Value Proposition
Class 5 (April 9)
Topics
“Products, services and the power of branding - part 2”
Mid-Term Results
Pre-Work Text: Ch. 7 – New Product Planning & Development
Articles:
none
Case: Marketing Simulation Debriefing (write-up not required)
As you prepare for the discussion, consider the following questions:
Who are MM’s target customers? Are all segments equally attractive to
MM?
How does customer satisfaction change over time? How do you balance
hard performance metrics such as revenues and profits with softer metrics
such as customer satisfaction?
How do you expect MM’s competition to respond to changes you make in
MM’s marketing and sales efforts?
How do you balance short term and long term investments?
Class 6 (April 16)
Topics “Communicating the value proposition: Integrated Marketing
Communications”
Marketing Math: IMC return on investment
Pre-Work Text: Ch. 8 – Integrated Marketing Communications
Ch. 9 – Personal Selling
Articles:
Augmented Reality: Designing Immersive Experiences that Maximize Consumer
Engagement
Case: Strengthening a Service Branding B-to-B Marketing (write-up not required)
Sephora Direct: Investing in Social Media, Video, and Mobile
As you prepare for the discussion, consider the following questions:
Assuming she receives the additional funding, how should Bornstein
allocate her budget across various digital categories? Given that the
additional funding requested must be shifted from Sephora’s other
marketing spending, where would you propose to cut? Why?
(write-up) What do you make of Sephora’s digital and social media efforts
as of the fall of 2010? What do you make of Sephora’s digital and social
media efforts today? What role do traditional media play in their promotion
efforts today?
What metrics do you propose Sephora Direct use to measure the success of
its digital efforts going forward?
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Class 7 (April 23)
Topics “Reaching objectives through the value proposition: pricing”
Tools: Calculating price change impacts & break-even analysis
Pre-Work Text: Ch. 11 – Pricing Strategy
Articles:
Global Companies Need to Adapt Agile Pricing in Emerging Markets
Case: The London 2012 Olympic Games
As you prepare for the discussion, consider the following questions:
What are the trade-offs that Williamson faces?
How might his pricing strategies vary by sport?
What are the characteristics of a good pricing strategy?
(write-up) If you could, what would you recommend to Williamson
and the LOCOG?
Class 8 (April 25)
Topics
Due Date
“Critical skills needed for a successful marketing career”
Guest speaker Richard Manoogian
“Delivering the value proposition: distribution”
Class Wrap-up
Strategic Marketing Plan – Part 2 is due
Pre-Work Text: Ch. 9 – Personal Selling: Relationship Building & Sales Management
Ch. 10 – Distribution Strategy
Articles:
none
Other: Strategic Marketing Plan – Part 2 is due
Case: Rideau Artisanal Chandley: Online, Offline or Bust? (write-up not required)
As you prepare for class, consider the following questions:
What are the advantages and disadvantages of brick-and-mortar
(offline) stores versus online stores from the perspective of manu-
facturers? offline retailers? shoppers/consumers?
Is it time to focus on the online channel? Alternatively, can the two
channels be successful independently? or is an omni-channel strategy
the answer?
Class 9 Final Exam (April 30)