MARKETING PRINCIPLES
This subject aims to offers students an overview of the theoretical foundations of marketing and, at the same time, to provide students with practical knowledge that can be used in this professional area. This subject aims, in particular, to develop the following skills:
a) comprehension skills: during the lectures, students will be stimulated to analyze in detail some of the main problems faced by marketing specialists – e.g. branding decisions, product positioning, distribution choices – and to interpret in a critical way the information that specialists use in their decision-making processes;
b) ability to use knowledge: this unit will devote special attention to the practical application of the theoretical principles presented during the lectures. This will be done both through references to examples taken from the marketing literature, and through practical exercises in which students will use free online tools for the analysis of information statistical software;
c) ability to draw conclusions (independent judgment): an in-depth examination of a series of case studies will allow students to consolidate their ability to critically judge marketing orientations and decisions. Toward this end, case studies of successful and unsuccessful experiences, will be examined;
d) communication skills: this unit will lead students to familiarize with the terminology commonly used by marketing specialists. Special attention will be paid to the development of communication skills (both oral and written). To this end, students will be involved in case study discussions, group presentations, and the creation of written reports;
c) learning ability: Marketing Principles intends to prepare students for learning (and using) theoretical and practical tools that support managerial decisions strictly concerning marketing and, in a broader sense, business disciplines. The course aims, in particular, to facilitate the learning processes that each student undertakes in the training phase of their professional career and increase the effectiveness of such processes.
Principles of Marketing lays the foundations for the learning process of marketing logic, its usefulness in modern markets, and the decision criteria adopted by marketing specialists. Through the study of theoretical principles and practical cases, this subject aims to make students familiarize with the problems that characterize this discipline and that are commonly faced by professionals (managers, analysts, communication experts) specialized in this field of activity.
1. MARKETING AND THE CREATION OF VALUE
The concept of marketing; consumers’ needs and desires; the creation of value.
2. MARKETING AND STRATEGIC PLANNING
The strategic planning process; marketing strategies; the marketing plan; the marketing mix.
3. MARKET ANALYSIS
Analysis of the micro- and macro-marketing environment; marketing research; business to consumers and business to business markets.
4. MARKET SEGMENTATION
The concepts of “segmentation”, “targeting” and “positioning”.
5. THE PRODUCT
Products and services; product classification; the development and introduction of new products.
6. THE BRAND
Branding strategies; branding policies in international markets.
7. THE PRICE
Pricing strategies; price management.
8. DISTRIBUTION
Marketing channels; business intermediaries; retailing.
9. MARKETING COMMUNICATIONS
Integrated marketing communication; the communication mix; advertising communication; online communication: digital marketing and social media marketing.
Kotler, P., Armstrong, G., Ancarani, F., Costabile, M. (2019), Principi di Marketing, Pearson Italy, ISBN: 9788891905321 (17th edition). Lecture powerpoints.
Traditional lectures; analysis and discussion of case studies and research published in specialized scientific journals.
Students should take a written exam. During the term, students can work on a case study whose evaluation will contribute to the final mark.
There is no specific program for part-time students or Erasmus students.