This course will enable the students to develop an understanding of marketing concepts.
Course |
Learning outcomes (at course level) |
Learning and teaching strategies |
Assessment Strategies |
|
Course Code |
Course Title |
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24CBBA 303/24 CBTM 302 |
Principles of Marketing (Theory) |
CO103: Apply basic concepts of marketing. CO104: Analyze market segments, targeting and positioning. CO105: Evaluate the product mix of companies. CO106: Determine the significance of pricing and distribution strategies of companies. CO107: Develop promotional activities for products. CO108: Contribute effectively to course-specific interaction. |
Approach in teaching: Interactive session, Case Study Discussions, Tutorials, Reading assignments, Demonstration.
Learning activities for the students: Self-learning assignments, Classroom presentations, Project tasks |
Continuous Assessment Test, Semester End Examinations, Quiz, Assignments, Presentation, Individual and group projects |
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
Concept, Bases of Market Segmentation, Concept of Targeting and Market Positioning
Product and its levels, Product Classification, Packaging and Labelling, Product Life Cycle, Product Mix, Product Line Decisions
Concept of Price, Factors affecting Pricing Decisions, Pricing Strategies
Marketing Channels: Concept, Channel functions, Types of Marketing Intermediaries, Channel design decisions
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:
1. Ramaswamy, V.S. and Namakumari, S. (2010), Marketing Management; Sage Publications, Pvt. Ltd.
E- resources:
1. Swayam.gov.in
2. David Soberman. (2012). Flux: What Marketing Managers Need to Navigate the New Environment. JSTOR. iisu.refread.com/#/email Document/23648168
3. Kevin Lane Keller, & Philip Kotler. (n.d.). Marketing Management, 15/e. Pearson. iisu.refread.com/#/email Document/4968562