2021/2022 KAN-CIMMO1065U Perspectives in Marketing and Marketing Research
English Title | |
Perspectives in Marketing and Marketing Research |
Course information |
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Language | English |
Course ECTS | 7.5 ECTS |
Type | Mandatory |
Level | Full Degree Master |
Duration | One Semester |
Start time of the course | Autumn |
Timetable | Course schedule will be posted at calendar.cbs.dk |
Study board |
Study Board for MSc in Economics and Business
Administration
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Course coordinator | |
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Main academic disciplines | |
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Teaching methods | |
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Last updated on 18-06-2021 |
Relevant links |
Learning objectives | ||||||||||||||||||||||||||
What are the perceptions of a brand in the minds
of consumers? How many different types of consumers are there in a
specific market? Who should a company target with its offerings in
a certain market? Is there a market for the newly developed
products of a company? What type of communication should a brand
use to communicate with its customers? What are the consequences of
a brand crisis for a company in terms of its image perceptions?
This course is designed to explore the concepts and tools that will
help you answer these and other marketing problem(s) of any
company.
At the end of the course, the successful student will be able to:
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Examination | ||||||||||||||||||||||||||
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Course content, structure and pedagogical approach | ||||||||||||||||||||||||||
In the 21st century, marketing is no longer a separate function. It is a leading, integrated activity that influences the entire company by providing critical and essential input to craft a strategy and develop a business model. Considering the dynamics of the environment in which companies operate, any decision making within a company must be founded on and strengthened with research about the target market. This course teaches the value of the information generated from marketing research for users of such information who make critical decisions about the future direction of their businesses and supporting investments. Consequently, marketing research drives communication with clients, identifies business opportunities, and reduces risk of managerial decisions.
This course aims to familiarize the students with several types of marketing problems as well as how to leverage data to make effective marketing decisions. It will cover topics that will involve formulating critical marketing problems, developing relevant marketing research questions, analyzing data, and most importantly, drawing inferences and telling convincing narratives to produce actionable results. Students will gain an appreciation for the breadth and depth of the subject and its significance for any company, whether a start-up or an established company.
The content of this course is divided into four learning modules:
Module 1: Understanding Marketing Strategy
This module gives a basic overview of what marketing is. It covers what marketing is and how companies can develop marketing strategies. This module aims to familiarize the students with the key conceptual foundation of developing a strategic marketing function in a company.
Module 2: Capturing Marketing Insights
This module introduces the process of capturing marketing insights by conducting a marketing research. This module covers topics related with marketing research in terms of assessing the information needs and developing the needed information.
Module 3: Analyzing Marketing Insights
This module covers the basic concepts related with how to analyze the captured marketing insights. It covers topics related with univariate, bivariate, and multivariate data analyses.
Module 4: Using Captured Marketing Insights
This module discusses how the captured marketing insights can be used to get information about the marketing environment, consumer behavior, identifying targets and segments, and developing marketing mix decisions. |
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Description of the teaching methods | ||||||||||||||||||||||||||
The course uses face-to-face teaching as a
teaching method. Accordingly, teaching material includes lectures,
individual and group work, and discussions.
The course is highly interactive with a corresponding expectation that students engage in these interactions. |
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Feedback during the teaching period | ||||||||||||||||||||||||||
Feedback will be provided as part of the teaching
in the form of dialogue between students and the teacher. Students
will meet with the teacher for 2 times during the semester to
receive ongoing feedback from the teacher regarding the different
parts of the marketing research project during the course.
At the end of the course, it will also be possible to receive feedback on the exam papers in written format and related to the performance of the student compared to the learning objectives. |
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Student workload | ||||||||||||||||||||||||||
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Expected literature | ||||||||||||||||||||||||||
As a reference course book, the course will use Marketing Research: Applied Insight by Dan Nunan, David F. Birks, and Naresh K. Malhotra, Pearson Higher Education, 6th Edition.
However, the discussions and course material will not be limited to only the course book. More readings will be assigned during the term. |