2023/2024 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 cand.merc. and GMA (CM)
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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 01-06-2023 |
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 focuses on the process of capturing marketing insights by conducting marketing research. This module introduces the six-step marketing research process. It also introduces the course case. We will then move on with data collection. The course focuses on survey research. Finally, we will discuss questionnaire development, after which we will work on with the evaluation and improvement of an existing questionnaire in the exercise class.
Module 3: Analyzing Marketing Insights
This module covers the basic concepts related with how to analyze the captured marketing insights. It first deals with data preparation, specifically the coding and cleaning of raw data to prepare them for measurement and structural analysis. Measurement analysis focuses on assessing measurement properties and structural analysis tests the hypotheses. Exercise classes provide Excel applications of data preparation, measurement analysis, and structural analysis.
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 responsible
teaching faculty. Students will meet with the responsible faculty
for the course for 2 times during the semester to receive ongoing
feedback regarding the different parts of the marketing research
project.
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 may be assigned during the term. |