Module Details
Module Code: |
MRKT6005 |
Title: |
Marketing Strategy Principles
|
Long Title:
|
Marketing Strategy Principles
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NFQ Level: |
Fundamental |
Valid From: |
Semester 1 - 2021/22 ( September 2021 ) |
Field of Study: |
3420 - Marketing & Advertising
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Module Description: |
The aim of this module is to develop in students an understanding of the basic principles of marketing strategy. The module will enable students to apply the concepts and principles of marketing to practical situations.
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Learning Outcomes |
On successful completion of this module the learner will be able to: |
# |
Learning Outcome Description |
LO1 |
Describe the issues relating to product management. |
LO2 |
Discuss the role of pricing in effective marketing. |
LO3 |
Discuss aspects of the promotions mix. |
LO4 |
Outline the process of choosing distribution strategies. |
LO5 |
Explain the nature of services and business-to-business marketing. |
Dependencies |
Module Recommendations
This is prior learning (or a practical skill) that is strongly recommended before enrolment in this module. You may enrol in this module if you have not acquired the recommended learning but you will have considerable difficulty in passing (i.e. achieving the learning outcomes of) the module. While the prior learning is expressed as named MTU module(s) it also allows for learning (in another module or modules) which is equivalent to the learning specified in the named module(s).
|
Introduction to Marketing |
Incompatible Modules
These are modules which have learning outcomes that are too similar to the learning outcomes of this module. You may not earn additional credit for the same learning and therefore you may not enrol in this module if you have successfully completed any modules in the incompatible list.
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No incompatible modules listed |
Co-requisite Modules
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No Co-requisite modules listed |
Requirements
This is prior learning (or a practical skill) that is mandatory before enrolment in this module is allowed. You may not enrol on this module if you have not acquired the learning specified in this section.
|
No requirements listed |
Indicative Content |
Product management.
Product policy, product lifecycle, new product developement, branding, packaging.
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Pricing Strategy
The pricing process, pricing approaches and strategies.
|
Promotions Mix
The role of promotional mix tools, integrated marketing communications.
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Distribution Strategies
Functions of distribution channels, relations with channel members, channel decision process.
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Services & business to business marketing
Nature and characteristics of services, services marketing mix, nature and characteristics of business markets.
|
Module Content & Assessment
|
Assessment Breakdown | % |
Coursework | 40.00% |
End of Module Formal Examination | 60.00% |
Assessments
End of Module Formal Examination |
|
Reassessment Requirement |
Repeat examination
Reassessment of this module will consist of a repeat examination. It is possible that there will also be a requirement to be reassessed in a coursework element.
|
The University reserves the right to alter the nature and timings of assessment
Module Workload
Workload: Full Time |
Workload Type |
Contact Type |
Workload Description |
Frequency |
Average Weekly Learner Workload |
Hours |
Lecture |
Contact |
Class based instruction |
Every Week |
3.00 |
3 |
Independent & Directed Learning (Non-contact) |
Non Contact |
Independent study |
Every Week |
4.00 |
4 |
Total Hours |
7.00 |
Total Weekly Learner Workload |
7.00 |
Total Weekly Contact Hours |
3.00 |
Workload: Part Time |
Workload Type |
Contact Type |
Workload Description |
Frequency |
Average Weekly Learner Workload |
Hours |
Lecture |
Contact |
lecture |
Every Week |
2.00 |
2 |
Independent & Directed Learning (Non-contact) |
Non Contact |
No Description |
Every Week |
5.00 |
5 |
Total Hours |
7.00 |
Total Weekly Learner Workload |
7.00 |
Total Weekly Contact Hours |
2.00 |
Module Resources
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Recommended Book Resources |
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-
John Fahy and David Jobber. (2019), Foundations of Marketing, 6th. McGraw-Hill Education / Europe, Middle East & Africa, [ISBN: 9781526847348].
| Supplementary Book Resources |
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David Jobber and Fiona Ellis-Chadwick. (2019), Principles and Practice of Marketing, 9th. McGraw-Hill Education / Europe, Middle East & Africa, [ISBN: 9781526847232].
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Gary Armstrong, Philip T Kotler with Marc Oliver Opresnick. (2019), Marketing: An Introduction Global Edition, 14th. Pearson, [ISBN: 9781292294865].
| This module does not have any article/paper resources |
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Other Resources |
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Website, Advertising Standards of Ireland,
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Website, Marketing Institute of Ireland,
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Website, Irish Advertising Practitioners of
Ireland,
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Website, CIT Library,
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Website, American Marketing Association,
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Website, UK Chartered Institute of Marketing,
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Website, Amarach Research,
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Website, Kantar,
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Website, The Drum,
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