INDIAN
INSTITUTE
OF
TECHNOLOGY
DELHI
SML760
(Marketing
Management
)
Session
Plan
Course Coordinator: Dr. Mahim Sagar
Pedagogy: Lectures with examples, Interactive Discussions and Case Studies.
Session 1. What is Marketing: Evolution of the Framework
⎯ Identifying innate needs and desires
• Market Research and Marketing research
• Maslow's Need Hierarchy
• Cognitive dissonance: Fundamental Problem of Marketing
• CRM and Growth of CRM: dissonance mitigation tool
Base Reading: Jr. Perreault, William, Joseph Cannon, E. Jerome McCarthy (2011), "Essentials
of Marketing", McGraw-Hill Education.
Self Study Component: Levitt, T. (1960),"Marketing Myopia", Harvard Business Review, Vol.
38, pp.45-56.
Session 2. What is Marketing: Evolution of the Framework (contd.)
⎯ Identifying innate needs and desires
• Market Research and Marketing research
• Business Defined: Derek F. Abell
Self Study Component: Re-refer- Levitt, T. (1960),"Marketing Myopia", Harvard Business
Review, Vol. 38, pp.45-56.
Session 3. What is Marketing: Evolution of the Framework (contd.)
⎯ Satisfying innate needs and desires
• Starting Point: Product and levels of product
Self Study Component: 1) Waterschoot, W.V, and Bulte, C.V.(1992), "The 4P Classification of
the Marketing Mix Revisited", Journal of Marketing, Vol. 56, No. 4, pp. 83-93
2) Jones, John P. (1990),"The Double Jeopardy of Sales Promotions", Harvard Business Review,
Vol. 65, No.5, pp.145-152.
Copyright
:
Dr.
Mahim
Sagar,
IIT
Delhi,
2014
INDIAN
INSTITUTE
OF
TECHNOLOGY
DELHI
SML760
(Marketing
Management
)
Session
Plan
Session 4. What is Marketing: Evolution of the Framework (contd.)
⎯ Satisfying innate needs and desires
• Product Revisited, Price, Place, Promotion (Marketing Mix Defined)
Session 5. What is Marketing: Evolution of the Framework (contd.)
⎯ Satisfying innate needs and desires
• Marketing Mix Revisited
• Segmentation, Targeting and Positioning(Marketing Plan)
Self Study Component: Doyle, Peter, and Saunders, John (1985). ‘Market Segmentation and
Positioning in Specialized Industrial Markets,’ Journal of Marketing, 49(2), Spring, 24-32
Session 6. What is Marketing: Evolution of the Framework (contd.)
⎯ Satisfying innate needs and desires
• The DNA of Marketing: Marketing Mix + Marketing Plan = Marketing Strategy
Self Study Component: To discuss the DNA Framework: NIRDOSH- Non-Smoking Device
case study. The case study will be given in session 5, so that students can discussion in session 6.
Session 7. What is Marketing: Evolution of the Framework (contd.)
⎯ Creating Surplus
• Brand Equity: Detailed out
• Valuation of Brands
• Brand Demystified
Refer: Interbrand/Brandchannel.com-Most trusted Brand Rankings/ Brand Equity Valuation
Note: Students will present a case Analysis (Winstock Case Study)
Session 8. Product Life Cycle
⎯ Most important Diagnostic Tool: Views and Counterviews: Thesis : Anti-thesis
Self Study Component: William E. Cox, Jr (1967), " Product Life Cycles as Marketing
Models", The Journal of Business, Vol. 40, No. 4, pp. 375-384.
Session 9. Product Life Cycle (Continued)
Copyright
:
Dr.
Mahim
Sagar,
IIT
Delhi,
2014
INDIAN
INSTITUTE
OF
TECHNOLOGY
DELHI
SML760
(Marketing
Management
)
Session
Plan
Reference Book: Everett M. Rogers (1983), "Diffusion of Innovations", The Free Press, NY
Must Read: Dhalla, N. K., Yuspeh, S.(1976), "Forget the Product Life Cycle Concept",
Harvard Business Review, Vol . 54, No.1, pp. 102-112.
Session 10. Developing a Brand- A road map
Reference Book: Mahim Sagar, Deepali Singh , D. P. Agrawal, Achintya Gupta (2009, 2012),
"Brand Management", Ane Publication, India.
Self Study Component:: Sagar, M, Singh, D., Agrawal, D.P. (2006), "Framework of Ethical
Brand Positioning: A case study of anchor", Journal of Management Research, Vol.6, No.2,
pp.72-83.
Session 11. Developing a Brand- A road map (Contd.)
Self Study Component:: Sagar, M., Khandelwal, R., Mittal, A., Singh, D., (2011), ”Ethical
Positioning Index (EPI): an innovative tool for differential brand positioning”, Corporate
Communication: An International Journal, Vol.16, No. 2.
Session 12. Pricing Strategies
Self Study Component:: 1) Sahay, Arvind(2007), "How to reap higher profits with dynamic
pricing", MIT Sloan Management Review, Vol.48, pp.53-60
2) Sagar, M, Bora, S. , Gangwal, A, Gupta, Kumar, A and Agarwal, A (2013), "Factors Affecting
Customer Loyalty in Cloud Computing: A Customer Defection-Centric View to Develop a Void-
in-Customer Loyalty Amplification Model", Global Journal of Flexible Systems Management,
July 2013.
Session 13. Product distribution and Retailing
⎯ Distribution Process, Formats of Retailing:- Challenges & Issues of MBO's/ EBO's.
Session 14. Integrated Marketing Communication
Self Study Component:: 1) Company-Cause-Customer: Interaction Architecture, Mahim Sagar,
Arushie Mangla, Urvi Aggrawal. (working paper).
Copyright
:
Dr.
Mahim
Sagar,
IIT
Delhi,
2014
INDIAN
INSTITUTE
OF
TECHNOLOGY
DELHI
SML760
(Marketing
Management
)
Session
Plan
2) Kabra, S., Sanjeev and Sagar, M., “Sales Promotion Efficacy: Customer Centric Approach". (working
paper)
3) Barnwal, V., Sagar, M. and Sharma, S. (2009), “Response to Request for Proposals in IT Industry:
Critical Success Factors”, IIMB Management Review, Vol.21, No.4, pp. 313-322.
4) Vyas, Preeta and Sagar, Mahim (2007), "Sales Promotion Practices in Apparel Retail Sector and
Challenges Ahead", Proceedings of GLOGIFT 07, November 15-17, 2007, pp. 464-470.
Session 15. Marketing Research Protocols
Self Study Component:: Wasuja, S., Sagar, M. and Sushil (2012), “Cognitive Bias in Salespersons in
Specialty Drug Selling of Pharmaceutical Industry: Evolution of a knowledge-intensive amplification
model”, International Journal of Pharmaceutical and Healthcare Marketing, Vol.6, No. 4, pp.310 - 335.
In every class there will be lots of discussions with practical examples from industry.
Essential Readings:
⎯ Essentials of Marketing by Jr., William D. Perreault, Joseph P. Cannon and E. Jerome
McCarthy, McGraw-Hill Higher Education
⎯ Marketing Management : A South Asian Perspective by Philip Kotler, Kevin Lane
Keller, Abraham Koshy, Mithileshwar Jha
⎯ Marketing Management by Rajan Saxena
⎯ Brand Management by Mahim Sagar
Must read research papers detailed in session plan and sent through mail
Evaluation-SML760
Examinations, quizzes, assignments, class participation & term paper will be the major elements
used for evaluating student’s performance in Marketing Management Course. Evaluation will
consist of following components:-
S. No. Evaluation Component Weightage (Total 100 marks)
1 Minor I 20 marks
2 Minor II 20 marks
3 Major Exam 30 marks
4 Term Project 30 marks
*Term Project may consist of two assignments- one group assignment and one individual
assignment of 15 marks each.
Copyright
:
Dr.
Mahim
Sagar,
IIT
Delhi,
2014