Course

Course Summary
Credit Type:
Course
ACE ID:
ICS-0252
Organization's ID:
MKT301
Organization:
Location:
Classroom-based
Length:
Self-paced (52 weeks)
Dates Offered:
Credit Recommendation & Competencies
Level Credits (SH) Subject
Upper-Division Baccalaureate 3 Principles Of Marketing or Marketing
Description

Objective:

The course objective is to cover the principles of marketing. Topics covered include assessing, analyzing, understanding, and targeting the marketplace, as well as the creation, capture, delivery, and communication of value. Students will learn how to develop a marketing plan, use social and mobile marketing effectively, integrate ethics into marketing strategies, influence the consumer decision process, perform market research, perform SWOT and STP analyses, make decisions concerning branding, packaging, and developing new products, price products and services fairly, set advertising objectives, and more.

Learning Outcomes:

  • Describe the 4E framework of social media marketing
  • Identify the ethical values marketers should embrace and how ethics can be integrated into a firm's marketing strategy
  • Articulate the steps in the consumer decision process and the factors that affect it
  • Highlight the similarities and differences between a domestic marketing strategy and a global marketing strategy
  • Recognize strategies associated with segmenting, targeting, and positioning
  • Identify the strategies concerning product, branding, and packaging decisions
  • Differentiate between the marketing of services and the marketing of products
  • Identify the critical components of pricing strategy and the methods firms use to set prices
  • Describe the steps in designing and executing an advertising campaign and the different ways that advertisers appeal to consumers
  • Design and develop a marketing plan
  • Outline the implementation of the marketing mix as a means to create customer value
  • Differentiate between primary and secondary data and how they're used in marketing
  • Identify and apply the principles of product, price, promotion, and distribution through examples of real organizations
  • Indicate the importance of marketing channels and supply chain management
  • Describe the various integrative marketing communication channels

General Topics:

  • Assessing the marketplace
  • Understanding the marketplace
  • Targeting the marketplace
  • Value creation
  • Value capture
  • Value delivery
  • Value communication
Instruction & Assessment

Instructional Strategies:

  • Case Studies
  • Practical Exercises

Methods of Assessment:

  • Examinations
  • Performance Rubrics (Checklists)
  • Quizzes
  • Written Papers

Minimum Passing Score:

70%
Supplemental Materials

Other offerings from Penn Foster College

(ICS-0044)
(ICS-0208)
(ICS-0160)
(ICS-0240)