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MBN511MARKETING

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MBN511 MARKETING – I L T P C

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OBJECTIVES
To understand fundamental concepts of Marketing in Modern Marketing Practices.

Defining Marketing in 21st Century – Importance – Scope – Changing Scenario of


Business & Marketing – Fundamental Marketing Concepts – States of Demand –
Paradigm Shifts in Marketing – Components of Marketing Mix – Forecasting – Case
Study-Factors Influencing Consumer Behaviour – Fir Stage Buying Decision Process –
Post Purchase Behaviour – Business Market Vs Consumer Market – Stages in Industrial
Buying Process – Case Study-Levels of Market Segmentation – Segmenting Consumer
Markets – Bases for Segmenting Business Markets – Market Targeting – Case Study-
Analyzing Competitors – Competitive Forces – Identifying and Competitive Strategies
for Market Leader – Market Challenger – Marketing Follower – Market Richer Strategies
– Product Lifecycle Marketing Strategies – Case Study-Role & Scope of Brands – Brand
Equity – Devising a Branding Strategy – Brand Positioning – Developing &
Communicating a Positioning Strategy – Writing a Positioning Statement –
Differentiation Strategies – Case Study.

Reference Books:

1. Philip Kotler, Kevin Lane, Abraham Koshy-Marketing Management – A South


Asian Perspective-Pearson/Prentice Hall India Ltd
2. Rajan Saxena – Marketing Management-Tata McGraw Hill
3. Ramaswamy & Nmakumary-Marketing Management-Global Perspective-Indian
Context-Mac Millon India Ltd

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