Marketing Management - The Chinese University of Hong Kong
Marketing Management - The Chinese University of Hong Kong
Marketing Management - The Chinese University of Hong Kong
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<strong>The</strong> <strong>Chinese</strong> <strong>University</strong> <strong>of</strong> <strong>Hong</strong> <strong>Kong</strong><br />
MKT2010 <strong>Marketing</strong> <strong>Management</strong><br />
2011 - 2012 Term I<br />
Instructor: Pr<strong>of</strong>. Hao Shen Course Tutor: Tak Huang<br />
Office: Rm. 1107, NO.12 Chak Cheung Street Office: Rm. 1149, NO.12 Chak Cheung Street<br />
Phone: 2609 7820 Phone: 2609 7808<br />
Email: shenhao@baf.msmail.cuhk.edu.hk Email: zhongqiang@baf.msmail.cuhk.edu.hk<br />
1. COURSE OBJECTIVES<br />
This course is designed to provide you with sufficient knowledge <strong>of</strong> marketing principles that will enable you to<br />
understand the role and operation <strong>of</strong> a marketing manager. You will also develop skills necessary to analyze<br />
marketing problems leading to the development <strong>of</strong> strategic and tactical plans consistent with your analysis.<br />
2. TEXTBOOK & OTHER MATERIALS<br />
1. <strong>Marketing</strong>: the core, Kerin/Hartley/Rudelius, Mcgraw-Hill<br />
2. Lecture Note and online Reading: available at Course website – under Content & Schedule .<br />
3. Many interesting videoclips will only be shown in class once and will not be kept in the library. It is important,<br />
therefore, that students attend all lecture sessions so as not to miss any video material.<br />
4. COURSEWORK AND ASSESSMENT<br />
<strong>The</strong> coursework requirements for this course are listed in the following table:<br />
Coursework Weighting (%) Nature <strong>of</strong> Activity<br />
<strong>Marketing</strong> Plan 40 Group (peer-assesed)<br />
Test 1 20 Individual<br />
Test 2 30 Individual<br />
Class Participation 10 Individual<br />
Extra credits<br />
You can earn a maximum <strong>of</strong> 4 extra<br />
credits by participating in marketing<br />
research (see the MRS handout for<br />
details).<br />
4* Individual<br />
GROUP PROJECT(S)/ACTIVITIES<br />
a) Team Formation<br />
Each student will join a group. Your individual contribution to the group efforts and accomplishments will be<br />
reflected in a peer assessment/group evaluation that will be conducted for each group activity. No group swapping is<br />
allowed. You are also expected to manage your group activities effectively and efficiently.<br />
Each team consists <strong>of</strong> 5-6 students. If you want to form a team by yourselves, please email teaching assistant Tak:<br />
zhongqiang@baf.msmail.cuhk.edu.hk When you write the email, please include the class name in the subject (e.g.<br />
mkt2010D) and then lists both student name (also nickname) and ID in the message. Please do so before add-drop<br />
period. You will be randomly assigned to a team if you missed the deadline.<br />
Team composition will be posted on web after add-drop period. Students are required to sit together with their group<br />
members to facilitate discussion within group.
) Peer Assessment/Team Evaluation<br />
In order to recognize individual contributions in team activities, and to prevent free-loading problems, team<br />
evaluation results may be used to adjust team grades in calculating the final individual grades – when it become<br />
necessary. You will be asked to complete the peer evaluation form after project presentation.<br />
1. MARKETING PLAN<br />
A central requirement <strong>of</strong> the course is the “<strong>Marketing</strong> Plan” team project. It is intended to give you experience in the<br />
design and implementation <strong>of</strong> a marketing plan. As the term progresses your team will be required to use the skills you<br />
learn in the classroom to successfully complete your plan.<br />
Each team will select/create a new/fictional product or service that they would like to bring to market. This product is<br />
not necessarily new in terms <strong>of</strong> technology, but should have a new/unique position in the market. You may also<br />
borrow the idea <strong>of</strong> new product from other countries or internet and develop this idea in HK market but should not<br />
copy its marketing strategy.<br />
<strong>The</strong> team should become the class experts on the product, the company, and the industry in which it operates. It is<br />
recommend that your team virtually start up a new company and work on the marketing plan for this new product.<br />
Each team then begin by gathering information from any channel we learn from class and form a basis <strong>of</strong> an<br />
exhaustive environmental analysis leading to identification <strong>of</strong> opportunities and difficulty for marketing such<br />
particular product or service. From this analysis your team should evolve to a comprehensive marketing plan so the<br />
team can take advantage <strong>of</strong> the opportunities explored in the earlier part <strong>of</strong> the activity.<br />
a) <strong>Marketing</strong> Plan Proposal (6%)<br />
At week 7, each group will be asked to briefly talk about your idea about this marketing plan. (see schedule for detail<br />
date). This presentation will last around 5 minutes only. Only one member is allowed to make the presentation. This<br />
member just needs to use a few slides to briefly present the idea for the new product the group is going to introduce<br />
to the market.<br />
b) Final deliverialbe<br />
<strong>The</strong> <strong>Marketing</strong> Plan has two central components. <strong>The</strong> first, a presentation to your classmates and myself. <strong>The</strong> second<br />
component is a written report, should detail the specific aspects <strong>of</strong> your marketing analysis and decisions. <strong>The</strong><br />
presentation should cover the highlights <strong>of</strong> the defined plan. Each <strong>of</strong> these components is explained in more detail<br />
below.<br />
1. Oral presentation and Q&A (18%)<br />
Oral presentations will run at end <strong>of</strong> this semester – (see schedule for detail date).<br />
During these presentations, team members will present the highlights <strong>of</strong> their marketing plan that has been worked<br />
out for the selected product. Teams should take around 15 minutes to present their work and then answer question<br />
from audiences (around 5 minutes). Please control your time, teams that exceed 15 minutes <strong>of</strong> presentation will be<br />
stopped at the 15-minute mark. <strong>The</strong>refore, practicing your presentation is strongly advised. It is suggested that teams<br />
use visual aids such as tables and graphs or PowerPoint, and they should try to avoid reading during the presentation.<br />
Presentations must be pr<strong>of</strong>essional and you will be graded on how well you articulate and present your ideas. I expect<br />
around 3-4 team members to be involved in the presentation.<br />
2. Written report (10%)<br />
<strong>The</strong> specific sections <strong>of</strong> the written report are as follows:<br />
- Executive Summary<br />
- 4C Analysis<br />
1. Analysis <strong>of</strong> the External Market Environment<br />
2. Customer Analysis<br />
3. Competitor Analysis<br />
4. Company Analysis<br />
2
- Segmentation, Targeting and Positioning<br />
1. Product Plan<br />
2. Pricing Plan<br />
3. Distribution Plan<br />
4. Promotion Plan<br />
<strong>The</strong> written report should contain a title page, table <strong>of</strong> contents, executive summary, report contents, and any<br />
necessary appendices. Use this change to clarify any issue left from oral presentation and make any necessary<br />
improvement from what you learn at oral presentation. <strong>The</strong> report should not exceed 10, double-spaced, typed (12<br />
pitch Times New Roman font) pages <strong>of</strong> text. This page limit does not include title page, executive summary, table<br />
<strong>of</strong> contents, and appendix materials. <strong>The</strong> written report is due at last day <strong>of</strong> this semester (see the schedule for<br />
detail).<br />
Submission <strong>of</strong> written report:<br />
a. Please submit the s<strong>of</strong>tcopy to TA (Tak (E-mail: zhongqiang@baf.msmail.cuhk.edu.hk)<br />
b. Please also send the declaration <strong>of</strong> originality statement to TA. You should indicate that you have done this<br />
work by yourselves and did not copy any work done by others.<br />
c. Please also submit a s<strong>of</strong>t copy via VeriGuide system (https://veriguide2.cse.cuhk.edu.hk/cuhk/index.jsp).<br />
Peer evaluation : Your individual grade for the project may be adjusted based on peer evaluation score.<br />
c) Group discussion in class (6%)<br />
I will give some questions in class and hope every group will actively discuss about those questions. If you do not<br />
want to speak in public, you can make the contribution by giving your opinions to your group members.<br />
2. TERM TESTS<br />
Two tests will be administered during the semester. Each test will be multiple choices. <strong>The</strong>se will test your<br />
understanding <strong>of</strong> the materials covered in class.<br />
Tests will only cover the content <strong>of</strong> lecture notes. Anything that is not mentioned in my class will not be included in<br />
the test. You may regard textbook as a dictionary. It can help you review the content <strong>of</strong> marketing more<br />
systematically. But you are not required to remember everything from the textbook.<br />
<strong>The</strong> tests will be “closed book” and will be administered on optical scan sheets, so you should bring HB pencils, an<br />
eraser, and a pen (blue or black ink only). You must bring your student ID to the exam, otherwise you will not allow<br />
to take the exam.<br />
<strong>The</strong> tests will be administered during regular class hours. Absence from the test is highly discouraged. You must<br />
provide sick leave given by the <strong>University</strong> Clinic to suggest that you really have a serious disease and cannot attend<br />
the test. You must inform me at least two days in advance to get my permission. Otherwise, you will get a penalty <strong>of</strong><br />
at least 10 credits for the absence<br />
3. CLASS ATTENDENCE<br />
Pro<strong>of</strong>s are required for medical leave. Use one <strong>of</strong> the following two procedures to submit pro<strong>of</strong>:<br />
–You can go to Tak’s <strong>of</strong>fice (Rm.1149) and give a copy <strong>of</strong> medical leave pro<strong>of</strong> to him.<br />
–Or alternatively, you may scan medical leave pro<strong>of</strong> and email it to zhongqiang@baf.msmail.cuhk.edu.hk<br />
4. RESEARCH PARTICIPATION<br />
Refer to MRS handout.<br />
3
5. CONTENT & SCHEDULE<br />
Please log in to Course website for most updated lecture note, reading materials, case discussion question<br />
6. ACADEMIC INTEGRITY<br />
Attention is drawn to <strong>University</strong> policy and regulations on honesty in academic work, and to the disciplinary<br />
guidelines and procedures applicable to breaches <strong>of</strong> such policy and regulations. Details may be found at<br />
http://www.cuhk.edu.hk/policy/plagiarism/ . With each assignment, students will be required to submit a statement<br />
that they are aware <strong>of</strong> these policies, regulations, guidelines and procedures. A standard statement template could be<br />
downloaded at http://www.cuhk.edu.hk/policy/academichonesty/p09.htm.<br />
7. COURSE COMMUNICATION<br />
Continuous improvement requires continuous communication between all participates. <strong>The</strong> success <strong>of</strong> this course<br />
depends upon our communication. Please let the instructor know throughout the semester any suggestions for<br />
improvement through any channel appropriate to you.<br />
- You can directly communicate with me before or after the class.<br />
-You can easily reach us and get back from us by email me shenhao@baf.msmail.cuhk.edu.hk or Teaching Assistant<br />
zhongqiang@baf.msmail.cuhk.edu.hk<br />
8. OTHER IMPORTANT THINGS TO NOTE<br />
1. Please attend the lecture section which you have <strong>of</strong>ficially enrolled in. No section-jumping is allowed.<br />
2. Check your CUHK email and check the MARK 2010 webpage regularly.<br />
3. A significant portion <strong>of</strong> examinable materials is not covered in the text or supplemental readings. Thus,<br />
attendance at lectures will make a significant difference in your learning and performance.<br />
4. Cell phones, beepers, pagers and all such communication devices are to be turned <strong>of</strong>f before the class begins.<br />
Violators will be asked to leave the classroom.<br />
9. CAVEAT<br />
<strong>The</strong> lecture topic dates are approximate. <strong>The</strong> previous material, including the schedule and evaluation procedures is<br />
subject to change in the event <strong>of</strong> extenuating circumstances. Such changes while not anticipated are possible. <strong>The</strong><br />
instructor reserves the right to change anything in the syllabus at any time and for any reason.<br />
4
Week Before Class<br />
Preparation<br />
1<br />
MKT 2010 CONTENT & SCHEDULE (TENTATIVE)<br />
Classroom Lecture and<br />
Discussion<br />
Course overview &<br />
Introduction to <strong>Marketing</strong><br />
2 Holiday<br />
Developing Strategic<br />
<strong>Marketing</strong> Plan & <strong>Marketing</strong><br />
3<br />
Environment<br />
4<br />
5<br />
6<br />
7<br />
8<br />
9<br />
10<br />
11<br />
Team<br />
composition<br />
will be posted<br />
on the web<br />
After Class Reading &<br />
Assignments<br />
Syllabus; Lecture Note<br />
Chapter 1<br />
Lecture Note<br />
Chapter 2 & 3<br />
Consumer Behavior I Lecture Note<br />
Chapter 5<br />
Consumer Behavior II &<br />
<strong>Marketing</strong> Research<br />
Market Segmentation,<br />
Targeting & Positioning I<br />
Positioning II & Idea<br />
discussion & idea feedback<br />
(A1-A5)<br />
TEST 1<br />
& Idea feedback (B1-B5)<br />
Product & Brand managment<br />
Place & Pricing I<br />
Pricing II & Promotion<br />
Lecture Note<br />
Chapter 5 & 8<br />
Lecture Note<br />
Chapter 9<br />
Lecture Note<br />
Chapter 9<br />
Will cover the lectures<br />
(introduction to marketing –<br />
consumer behavior II)<br />
Lecture Note<br />
Chapter 10-11<br />
Lecture Note<br />
Chapter 12 &13<br />
Lecture Note<br />
Chapter 12, 15 & 16<br />
5<br />
Due Dates &<br />
Reminding<br />
Email TA if you form<br />
a group by yourselves<br />
Read the PPT “how<br />
to present your data<br />
in a presentation”<br />
Read two samples<br />
for obama’s case<br />
analysis<br />
Read two samples<br />
for marketing plan<br />
ideas<br />
Read the sample for<br />
Swatch case analysis<br />
Read a sample for<br />
marketing plan<br />
presentation
12<br />
13<br />
14<br />
10:00 am -<br />
12:00 noon,<br />
Dec 3, 2011<br />
Team presentations for<br />
marketing plan<br />
Team presentations for<br />
marketing plan<br />
TEST 2<br />
6<br />
A 1-5<br />
B 1-5<br />
Will cover the lectures from<br />
(marketing research ---<br />
promotion)<br />
Written report is due<br />
on 24 th December