20217 - SELECTED TOPICS IN MARKETING
ACME - IM
Department of Marketing
Course taught in English
ANDREA RURALE
Course Objectives
The course aims at addressing the management of the interactions and relationships between firms and customers. That is, in fact, one of the most important topics in marketing. The most recent innovations are discussed, both from a theoretical and a practical point of view. This topic is addressed by paying attention to the particular features of the artistic and cultural marketing. In fact, since even these industries are involved in the typical economic evolutions of the business world, the managerial practices of interactions and relations with the market must be taken into account and rethought. The course aims at developing the professional competencies that are needed to manage the moment of interactions and relationships with the customer base.
In particular, the goals of the course are the following:
- to discuss the evolution of the market and the necessary evolution of the marketing strategies and policies;
- to propose models and tools to manage customers relationships.
Course Content Summary
In order to reach those goals, during the course we address the following contents:
- Interacting with customers: the consumption experience
- The economic evolution towards experiences and its impacts on the markets
- New approaches to market: investing in interacting and relating with the clients
- The management of the interactions: the experiential marketing
- The role of Web 2.0, digital Tv and 3G mobile in enhancing the marketing management process (focus on cultural organizations)
- The benefits of the managing of the consumption experience: Customer satisfaction
- Analysing, measuring and managing customer satisfaction
- The dynamic model of customer loyalty
- Customer Relationship Management processes
- Loyalty management: principles and managing tools
- The Loyalty programs
Detailed Description of Assessment Methods
Attending studentsGrades are computed as follows:
- Written Final examination: 50% of the final grade.
- Group project : 30%.
- Class attendance and participation: 20%.
Non attending students
- Written exam based on the textbook: 100%.
Textbooks
Attending Students
- Collection of readings available on specific Course Reserve in Bocconi Library
- Materials provided by guest speakers
- Case studies discussed
Non attending Students
- Collection of readings available on specific Course Reserve in Bocconi Library
- Materials provided by guest speakers
- Case studies
- C.K. PRAHALAD, V. RAMASWAMY, The future of competition. Co-creating unique value with customers, 2004
Prerequisites
Attendants benefit from having read an undergraduate marketing course, being familiar with the main strategies for markets segmentation, target marketing, and positioning, as well as the 4ps (product, price, place, promotion) of the marketing mix.MICHAEL GIBBERT
Course Objectives
Advanced Marketing is a core course in International Management. The course examines how firms can gain and sustain competitive advantage in a global environment through specific marketing strategies. We focus on two kinds of strategies, first, strategies that create value from developing new marketspaces (e.g. new product introductions, hybrid products, and consumer goals), and second strategies for creating value from existing markets (e.g. customer relationship management, and developing a deep focus on existing, rather than new customers). A specific emphasis is put on pricing strategies. The course presents a tool-oriented approach to marketing in the global arena. The ultimate objective of marketing is to achieve and sustain competitive advantage by guiding marketing decisions. Most articles and case studies covered in this course involve firms facing important marketing decisions. The course provides theory and frameworks for making these decisions.
Course Content Summary
- Really New Products and Consumer Goals;
- Advanced market Segmentation and Positioning Strategies;
- Strategic Management of Customer Assets;
- Operational Marketing Challenges;
- Strategic Pricing.
Detailed Description of Assessment Methods
Attending students
- Group project: A small group of students (4-5) prepares a structured assignment (marketing plan) based on a concrete case study. Case studies are distributed in class (25% of final grade).
- Individual project: Students write a one-page assessment of the marketing plans in which he or she is not involved as a group member (25% of final grade).
- Final written exam: 50% of grade.
Non-attending students
The final grade is entirely based on a written exam.
Textbooks
Attending students
Cases and readings available in the Course Reserve.
Non-attending students
Kotler, Keller, Marketing Management, Pearson International Edition, New Jersey: Upper Saddle River, 2009, 13th edition.
Prerequisites
Attendants benefit from having read an undergraduate marketing course, being familiar with the main strategies for markets segmentation, target marketing, and positioning, as well as the 4ps (product, price, place, promotion) of the marketing mix. Students who have not had prior exposure to a marketing course are kindly requested to contact the faculty member responsible for the course.