Strategic Marketing - Faith Leads University

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Strategic Marketing

Categories Masters Courses

About Course

MLT 620

Course Curriculum

Week 1: Introduction to Marketing
ONLINE CLASS

Marketing overview
Marketing Orientation/Philosophy
Lesson 3. Marketing vs Sales
Week 1 Quiz

Week 2: Marketing Research and Strategic analysis
Reading material

Week 3: Product Development and Innovation
Product development is an essential strategic requirement. Organisations can alter, replicate, or innovate when it comes to product creation. To avoid marketing failures, a comprehensive NPD approach is required. Furthermore, managers must address the concept of innovation throughout the business. Product development and innovation, by definition, are strategic activities that shape the future.

Week 4: Sales Management
Sales management is the act of building a sales staff, coordinating sales operations, and executing sales techniques that enable a company to consistently meet, if not exceed, its sales targets. A sales management strategy is essential if your company generates any income. When it comes to managing sales and improving sales performance for any size business, regardless of industry, the key to success is always accurate sales management strategy.

Week 5: International Marketing

Week 6: Consumer Behavior

Week 7: Branding
The main goal of branding decisions is to create a distinct identity for the product or service that is also consistent with previous targeting and positioning decisions.

Week 8: Marketing Strategy- Case Study
Competitive advantage and marketing strategy are inextricably linked concepts. The process of identifying a fundamental and sustainable basis on which to compete is known as competitive advantage. Marketing strategy seeks to provide this competitive edge. Porter (1980) distinguishes three generic strategy as primary sources of competitive advantage. Cost leadership, differentiation, and focus are examples of these. These, arguably, serve as the foundation for all strategic activities and support the organization's wide range of marketing initiatives. Furthermore, management must define the competitive scope of the business, determining whether it will target a large or small range of industries/customers. Essentially, either operating across the industry or focusing on specific market sectors.

Week 9: Digital marketing

Week 10: Submission final assessment (group work)

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