Strategic Marketing
Academic Study Board for Design, Tourism and Cross Border Studies
Teaching language: English
EKA: H750000402
Assessment: Second examiner: None
Grading: 7-point grading scale
Offered in: Soenderborg
Offered in: Autumn
Level: Master
Course ID: H750000401
ECTS value: 5
Date of Approval: 22-03-2018
Duration: 1 semester
Version: Archive
Course ID
ECTS value
Course Title
Number of lessons
Course Responsible
Overall description learning objectives
The outcomes are implemented in the course’s various working methods, where the acquired knowledge is applied and the skills are practised. The method of assessment reflects possible methods of application of both the knowledge and skills in a professional context.
Learnings objectives - Knowledge
The student must have knowledge of:
- the phases that a consumer goes through when buying goods and brands (consumer and buying behaviour)
- the types of information that are necessary to make appropriate marketing decisions
- the methods that are most appropriate for collecting information about buying behaviour, both on B2B and B2C markets
- the application of concepts, models and theories for solving strategic marketing issues
Learning objectives - Skills
The student must have acquired the following skills:
•An understanding of the line of thought behind STP (Segmentation, Targeting and Positioning)
•An understanding of the meaning of ’Customer Value’
•An understanding of how description, analysis and assessment can be applied to develop effective marketing strategies for the company
Learning objectives - Competences
The student must have acquired the following competences:
•The ability to argue and debate for the use of the most relevant ‘consumer behaviour’ theories when developing an effective marketing strategy
•The ability to evaluate various alternative marketing strategies
•The ability to argue for choosing the most effective marketing strategy in a given case situation
Content
An understanding of consumer and customer buying behaviour is the basis for developing a relevant strategic marketing plan. Strategic marketing is therefore a question of being able to identify and address strategic issues, so that complex organisations may be managed in volatile environments involving challenges and threats. The aim of the course is therefore to provide students with a knowledge of concepts, theories and methods within ‘consumer/customer behaviour’ to enable them to identify, analyse, select and implement marketing strategies in an international environment.
Content:
- Decision making in connection with ‘consumer/customer behaviour'
- Customer value
- The influence family, reference groups and culture have on ‘consumer/customer behaviour'
- Segmentation, Targeting and Positioning (STP)
- The concept of strategy and strategic marketing planning
- Analysis of surroundings, including customer and competitor analyses
- Business analyses, including portfolio analyses
- Types of strategy in different types of market
- Generating strategies based on different assumptions
- Criteria for the choice of strategy
- Choice of Product, Price, Distribution and Communication Strategy
- Strategy implementation and revision of strategy
- The internationalisation process and strategies in different international markets
Forms of instruction and work
Lectures in English, case discussions and group work. Teaching is organised so as to support the humanities model for active learning and activational teaching as described in Section 8. At the start of the course, the teacher will inform students of how the study activities are organised.
Teaching language
Syllabus
Examination regulations
Exam Regulations
Name
Exam Regulations
Timing
In the Exam period at the End of the Semester.
Tests
Exam
EKA
H750000402
Name
Exam
Description
Individual written examination under supervision
Form of examination
Written examination on premises
Assessment
Second examiner: None
Grading
7-point grading scale
Identification
Student Identification Card - Exam number
Language
English
Duration
2 hours
Examination aids
All examination aids are permitted
Assignment Release
The Exam Questions will be handed out (paper version) in the exam room.
Assignment Submission
The assignment must be uploaded to SDU´s e-learning portal
ECTS value
5
Additional information
With due regard to the written method of assessment and the level of the MSc in the first semester, importance is attached to the degree to which students’ performances fulfil the learning outcomes and the degree to which students achieve the general skills objectives set out in Section 2.
Marks are awarded in accordance with the degree to which the learning outcomes described have been fulfilled as stated in the Ministerial Order on Marking.