Marketing strategy strategy course designed by an MBA graduate from the syllabus of top Universities in the world.
This course is very helpful for all those who are either preparing for GMAT or planning to do an MBA. It is divided into four different section like Marketing Basics Overview ,Marketing insights and analysis, Branding and communication and Business Strategy and will cover all the all the important topics of Marketing in MBA. The last section of the module will further help you in understanding various strategy used by companies
1. Marketing Overview
What is marketing?
Demand wants and needs & Maslow's hierarchy of needs
How money flows in modern Economy
STP (Segmentation targeting and positioning)
Marketing Mix i e 4P’s (Product, Price, Place, Promotions) and 7P’s of Marketing.
2.Marketing insights and analysis
a) Analyzing Consumer
The adoption curve for any product or service
How Customer Insights helps in segmenting and targeting
b) Designing SAAS and Sales funnel
Why SAAS is special
Designing a SAAS startup
Understanding Customer lifetime value, Customer Acquisition cost, Unit economics for startups
what are Marketing Funnel/Sales funnel for a product
c) Business analysis
d) Marketing Information System
Types of data
What is Marketing Intelligence system
Types of data used in MIS
Data-driven recommendation engine
How does a recommendation engine work?
3.Marketing communication and branding
What is branding and advantages of branding?
Types of branding?
Tesla brand positioning and Product differentiation using POP and POD (perceptual map)
Emotional branding and Brand mantra(Communicate simplify and inspire)
Brand equity (Perception, preference, and behavior)
BAV model and brand resonance model
Line extension product extension and category extension
Service marketing Service marketing triangle
4.Business Strategy (Sales and Expansion)
What is a business strategy Why do we need it
Market structure(leader, challenger, follower, and nickers strategy )
Porter five competitive forces (Competitive rivalry, Threat of new entrance, Power of suppliers, Power of customers, Threat of substitute products)
Marketing competition and Defensive marketing (preemptive, counteroffensive, flank, contraction, mobile attack)
Follower strategy (product imitation, conscious parallelism cloner, imitator and adapter)
Samsung Horizontal and vertical expansion to achieve economy of scope and economy of scale.
Amazon killing competition strategy using diversification
Apple ecosystem strategy
Lenskart omnichannel integration
Product life cycle
Expanding the market share pie using the Ansoff matrix
Price cut strategy (low-quality trap, fragile market share trap, shallow pockets trap, price war trap)
Zero cost marketing strategy
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