Semester |
5 |
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Course Code |
MA5520 |
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Course Name |
Marketing for Engineers |
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Credit Value |
3 |
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Pre-requisites |
None |
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Core/Optional |
Optional |
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Hourly Breakdown |
Theory |
Small Group Activities |
Independent Learning |
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22 |
35 |
93 |
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Course Aim(s): To introduce marketing concepts and their applications.
Intended Learning Outcomes: ➢ describe basic marketing terminology and concepts. ➢ explain the characteristics of consumers' and businesses' buyer behaviour. ➢ analyse market segmentation, targeting and positioning for a product or a service. ➢ analyse branding, pricing, promotions and marketing channels for a product or a service. ➢ develop a marketing plan using the elements of the marketing mix. |
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Course Content: (Only main topics & subtopics) ➢ Introduction to Marketing: Scope of marketing; needs; wants and demands; elements of the marketing mix; collecting and analysing market data. ➢ Buyer Behaviour: Consumer buyer behaviour; business buyer behaviour. ➢ Segmentation Targeting and Positioning: Analysing marketing environment; bases of segmentation; selecting target segments; positioning the product. ➢ Products and Services: Goods and services; differentiating products; product life cycle; branding; building brand equity. ➢ Pricing: Considerations in setting an initial price; adapting the price. ➢ Promotions: Promotions mix; 5 M's in advertising; sales promotions; public relations; personal selling. ➢ Marketing Channels: Selecting marketing channels; retailing and wholesaling; franchising; managing channel conflict. ➢ Marketing Plan: Prepare and present a marketing plan for a product. |
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Teaching/Learning Methods: ➢ Lectures ➢ Student Based Activities |
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Assessment Strategy: |
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Continuous Assessment |
Final Assessment |
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Small Group Activities 30% Quizzes 20% |
Theory(%) |
Practical(%) |
Other (%) |
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Recommended Reading: ➢ Amstrong. G. Kotler, P.T., Harker, M., Brennan, R. (2017). Marketing an Introduction, (4th Edition), Pearson Education Limited. ➢ Ishikawa, A., Tsujimoto, A. (2008). Creative Marketing for New Business Development, World Scientific Publishing Co. Pte. Ltd, Singapore. ➢ Kotler, P.T., Amstrong. G. (2017). Principles of Marketing (17th Edition). Global, Pearson Education Limited. |