Marketing Strategy
Course description
The Marketing Strategy class aims to acquaint students with setting marketing objectives and formulating strategies. Students will learn the principles of marketing planning, identifying company market opportunities, selecting target markets and will be able to solve problems related to strategic and tactical issues of the marketing mix. The course helps to develop strategic marketing thinking and the skills to apply marketing approaches in the context of strategic marketing management.
Course objectives
Upon successful completion of this course, students will be able to:
- analyze – current shifts in business environments and their influence on marketing
- use – specific methods of marketing situational analysis
- discuss – basic approaches to segmentation, targeting, and positioning
- apply – various approaches to pricing
- analyze – factors influencing the value delivery network settings
- put into context – various product strategies
Course topics
- Marketing as a Scientific Discipline, History, Context
- Business Concepts, Corporate Social Responsibility vs Creating Shared Value
- Current Shifts in Business Environments
- Globalisation, Glocalisation. Hypercompetition. International Life Cycle vs Reverse Innovation
- Segmentation
- Targeting, Positioning
- Pricing Strategies
- Value Delivery Network, Product Strategies
Evaluation
- Active lecture/seminar/workshop/tutorial participation
- Final test
- Presentation
Number of credits
3 ECTS credits
Lecturer
Tomáš Kincl, Ph.D.
Tomáš Kincl is the Vice-Dean for Science and Ph.D. Studies and associate professor at the Faculty of Management. His research endeavors include, but are not limited to, marketing strategy, online marketing and social media, marketing communications, customer satisfaction, sentiment analysis and cross-cultural differences. More information can be found at http://www.tomaskincl.net/.