MKTG 750 (01) - Marketing Strategy

Marketing Strategy

Durham   Paul College of Business&Econ :: Marketing
Credits: 4.0
Term: Spring 2024 - Full Term (01/23/2024 - 05/06/2024)
Grade Mode: Letter Grading
Class Size:   30  
CRN: 53964
An integrative marketing course designed to provide the student with a cohesive understanding of marketing decision making through the exploration of marketing problems with an emphasis on qualitative analysis as well as strategy formulation. Through the use of case studies, the course is designed for students who want to learn and apply what they learn, and thus emphasizes both the understanding and the application of concepts and practices in marketing strategy. MKTG 752 and/or MKTG 753 are recommended prior to taking this course.
Registration Approval Required. Contact Instructor or Academic Department for permission then register through Webcat.
Prerequisite(s): ADMN 585 with minimum grade of C-
Equivalent(s): ADMN 750
Only listed campus in section: Durham
Only listed colleges in section: Paul College of Business&Econ
Only listed classes in section: Junior, Senior
Instructors: Goksel Yalcinkaya

Times & Locations

Start Date End Date Days Time Location
1/23/2024 5/6/2024 MW 12:40pm - 2:00pm PCBE G59
Additional Course Details: 

MARKETING STRATEGY 

In today's rapidly evolving business landscape, the ability to develop and execute effective marketing strategies is more critical than ever before. This course provides students with the knowledge and skills necessary to craft and implement winning marketing strategies that drive business growth. By examining case studies and a marketing strategy simulation, students acquire the knowledge and tools utilized by marketing executives in actual practice.

 

To make sound decisions and thus achieve career success, marketing managers must be familiar with financial analysis principles because marketing decisions often require a commitment of resources. These decisions include: what is the best way to launch our brand? Should a new product be added? Does spending more on advertising increase prices? Change distribution channels? Like all other major decisions made by marketing managers, these demand economic justification. Will we make money? Is the return adequate? What is the required break-even volume? To answer these questions, it is critical that students learn how to develop and apply quantitative analytical tools. Therefore, this course is dedicated to the development of strategic market-management decision-making skills.

 

Course Objectives

  • Gain a comprehensive understanding of the fundamental concepts of marketing strategy
  • Develop the ability to conduct thorough market research and analysis
  • Master the art of identifying and evaluating target markets
  • Learn how to develop and position products or services for maximum impact
  • Create and implement comprehensive marketing plans that achieve desired outcomes
  • Measure and evaluate marketing performance using key metrics

 

Booklist

The course draws upon a packet containing background readings and a simulation game. There is NO required textbook for this subject.