Program Objectives:
By the end of the program, participants will be able to:
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Understand the marketing framework of a business organization.
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Focus on best practices, tools and models to implement an effective marketing and sales management system.
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Emphasize planning and executing advanced marketing strategies.
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Develop strategies, initiatives and programs to build and sustain a competitive market advantage.
This Program is designed for:
Marketing staff and executives wishing to know more about the vital role that marketing plays in organizations and to identify and solve many business problems by using a marketing perspective. The program is also designed for anyone who wants to keep current on marketing strategies. This program is worth 25 NASBA CPEs.
Program Outline:
Marketing Concepts
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Evolution of the Marketing Concept
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Relationship between Marketing and Selling
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Scope of Marketing Management - Analyzing Opportunities, Selecting Target Segments, Developing Market Mix, Managing the Marketing Effort
Marketing Strategy and Planning
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Types of Marketing Strategies
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The Marketing Audit
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Competitive Analysis(PESTLE, PORTER, SWOT, TOWS)
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Marketing Plans and Planning
Advertising and Distribution
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Understanding the Communication Process
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Major Advertising Decisions, AIDA and the Buyer-Readiness Stages, Types of Media Research and Selection, Copy Illustration and Message Design
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The Sales Promotion Mix; Push versus Pull Strategies
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Physical Distribution and Channels of Distribution; Emerging Trends of Direct Marketing
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Managing Product Life Cycles
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Introducing the Product Life Cycle Concept (PLC)
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Product and Promotion Mix Strategies Across the Stages of the PLC
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Analysis of a Relative Market Share Matrix
Market Segmentation
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Basis of Market Segmentation
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Positioning and Targeting for Results
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Tips for Successful Segmentation
Marketing Research
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Marketing Research Defined
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The Marketing Research Process
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Types and Sources of Data
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Designing, Analyzing, Interpreting, and Reporting the Research Findings
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