MBA MARKETING SECOND YEAR THIRD SEMESTER PAPER - XI CONSUMER BEHAVIOUR
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1 MBA MARKETING COURSE CODE: 36 SECOND YEAR THIRD SEMESTER PAPER - XI PAPER CODE:H3010 CONSUMER BEHAVIOUR UNIT - I Consumer Behaviour and Marketing Action: An overview - Consumer involvement, decisionmaking processes and purchase behaviour and marketing implications -Consumer Behaviour Models UNIT - II Environmental influences on consumer behaviour - Cultural influences - Social class, reference groups and family influences - Opinion leadership and the diffusion of innovations - Marketing implications of the above influences. UNIT - III The individual consumer and buying behaviour and marketing implications - Consumer perceptions, learning, attitudes, motivation and personality - psychographics, values and lifestyles. UNIT - IV Strategic marketing applications - Market segmentation strategies - Positioning strategies for existing and new products, Re-positioning, perceptual mapping - Marketing communications - Source, message and media effects. Store choice and shopping behaviour - In-Store stil1)uli, store image and loyalty - Consumerism - Consumer rights and Marketers' responsibilities. The Borderless Consumer Market and buying behaviour - Consumer buying habits and perceptions of emerging non-store choices - Research and applications of consumer responses to direct marketing approaches - Issues of privacy and ethics. I. Loudon and Della Bitta: CONSUMER BEHAVIOUR: CONCEPTS AND APPLICATIONS, Tata McGraw Hill. 2. Henry Assael: CONSUMER BEHA VIOUR AND MARKETING ACTION, Kent Publishing Co.). 3. Berkman & Gilson: CONSUMER BEHA VIOUR:CONCEPTS AND STRATEGIES,(Kent Publishing Co.). 4. Bennet and Kassarjian: CONSUMER BEHA VIOUR, (Prentice Hall of India) 5. Schiffman and Kanuck: CONSUMER BEHA VIOUR, Pearson Education Asia, 7'h. Edition, 6. Hawkins, Best & Concy: CONSUMER BEHA VIOUR. Tata McGraw Hill. 7. Efraim Turban, Jae Lce, David King, & I-I.Michael Chung: Electronic Commcrce: Managerial Perspective, Pearson Education Inc., 2000.
2 PAPER - XII PAPER CODE:H3020 MARKETING RESEARCH UNIT I The Marketing Research System - Definition of MR - Basic and Applied Research - the' Research Process - Types of Research - Steps in MR Process - Research Design - Data Sources - Marketing Information System. Sampling - Simple and Complex Sampling Procedures - Strategical, Systematic, Area, Random- Digit Dialing. - Sample Size - Sampling Errors. Measurement and Causality - Factors in Measurement - Concepts of Validity and Reliability - Attitude Measurement - Scaling Procedures - Casual Designs - Four Design Procedures. Data Instruments - Data Collecting Methods - Field Operations - Errors' and Difficulties Data Processing, Coding and Editing. Data Analysis - Univariate, Bivariate, Multivariate -Hypothesis Testing - Descriptive and Inferential Statistics - Anova, Ancova, Manova, Factor, luster, Discriminant Analysis Report Writing - Presentation of Data - Diagrammatic -Pareto analysis - Ishikawa diagrams. METHODOLOGY: (1) Lectures (2) Written Notes (3) Assignments (4) Computer Practicals (Using Word Star, Lotus 1-2-3, Packages like Stat Graph, Statistics (SX) and SPSS) (5) Project Work. I. Naresh K. Malhotra: MARKETING RESEARCH: AN APPLIED ORIENTATION, Pearson Education, Asia. 2. Thomas C.Kinnear & James R. Taylor: MARKETING RESEARCH. 3. Aaker, Kumar & Day: MARKETING RESEARCH, John Wiley & Sons, Boyd, Westfall & Stasch: MARKETING RESEARCH: TEXT AND CASES, Richard D Irwin Inc.. AITBS. 5. Paul E. Green & Donald S. Tull: RESEARCH FOR MARKETING DECISIONS. 6. Richard I.Levin: STATISTICS FOR MANAGEMENT. 7. Gibert A. Churchill, Jr.: MARKETING RESEARCH: METHODOLOGICAL FOUNDATIONS.
3 PAPER - XIII PAPER CODE:H3030 UNIT-I INDUSTRIAL MARKETING Introduction to Industrial Markets - Industrial Marketing System, Concepts and Characteristics - Types of Industrial Markets - Industrial Buyer Behaviour. Strategic Industrial Marketing (S.T.P.) - Marketing Information Systems and Marketing Research. Classification of Industrial Products and Services - New Product Development and Introduction - Industrial Product Management - Pricing Decisions in Industrial Markets. Formulating Channel Strategies and Physical Distribution decisions - Promotional Strategies for Industrial Goods/ Services. Developing Marketing Strategies and Programs for Industrial Goods / Services. METHODOLOGY 1. Lectures 2. Presentations 3. Case Analysis and Discussions. 1. Richard M.HiII, Ralph S.Alexander & James S.Cross: INDUSTRIAL MARKETING; All India Traveller Book Seller Publishers and Distributors. 2. Robert R.Reeder, Edward G.Brierty & Betty H.Reeder: INDUSTRIAL MARKETING; Prentice-Hall International, RECOMMENDED READING MATERIAL 1. Peter M. Chisnall: STRATEGIC INDUSTRIAL MARKETING; Prentice-Hall International, Industrial Marketing Cases and Articles from HARVARD BUSINESS REVIEW, JOURNAL OF MARKETING and JOURNAL OF MARKETING RESEARCH.
4 PAPER - XIV PAPER CODE:H3040 UNIT - I LOGISTICS MANAGEMENT PERSONAL SELLING: Types of selling - Alternative Sales Structures: Network Marketing - Mail order selling - Elements of direct marketing - Teleshopping - Telemarketing Systems selling. The selling process - Strategies and Styles - formulating sales objectives Sales forecasting - Estimating market and Sales Potentials. UNIT - II THE SALES FORCE: Size of the sales force, sales organization based on customer, geography, product and combinations and current trends - sales training programs and motivating the sales force - sales force compensation, sales incentives and sales force evaluation - controlling the sales effort - sales quotas, sales territories, sales audit. UNIT - III PHYSICAL DISTRIBUTION: participants in the physical distribution function, the environment of physical distribution - Channel Design strategies and structures, selecting channel members, setting distribution objectives and tasks - Target markets and channel design strategies. UNIT - IV MANAGING THE MARKETING CHANNEL : Product, Pricing and Promotion issues in channel Management and Physical Distribution - Motivating channel members - Evaluating chan~el member performance - Vertical marketing systems - Retail co-operatives, Franchise systems and corporate marketing systems. UNIT-V E-enabled selling and distribution: e-commerce and e-retailing as a channel of distribution, Electronic intermediaries, Disintermediation and Re-intermediation, e-enabled logistics management and tracking systems. I. Charles Futrell: SALES MANAGEMENT, Pearson Education Books 2. Eugene M. Johnson, David L. Kurtz & Eberhard E. Scheuing: SALES MANAGEMENT; Mcgraw Hill. 3. Bert Rosenbloom: MARKETING CHANNELS: A MANAGEMENT VIEW, Dryden Press. 4. Coughlan, Anderson, Stem & EI Ansary: MARKETING CHANNELS, Prentice-Hall India. 5. Bowersox & Closs: LOGISTICAL MANAGEMENT, Tata McGraw Hill. 6. Satish K. Kapoor & Purva Kansal: BASICS OF DISTRIBUTION MANAGEMENT - A LOGISTICAL APPROACH, Prentice-Hall India, Richard R. Still, Edward W. Cundiff & Norman A.P. Govani: SALES MANAGEMENT, Prentice-Hall India. 8. Efraim Turban, Jae Lee, David King, & H.Michael Chung: Electronic Commerce: A Managerial Perspective, Pearson Education Inc., 2000.
5 PAPER - XV PAPER CODE:H3050 UNIT I RETAIL MARKETING An overview of retailing - Types of stores - Product retailing vs. Service retailing - Non store retailing - Retail strategy - Achieving competitive advantage and positioning Retailing environment - legal, social, economic, technological, issues - Trends in the Indian Retailing Industry. Retail store location and layout - Country/Region analysis - Trade area analysis - Site evaluation and selection - Store design and layout - Comprehensive store planning - Exterior design and layout - Interior store design and layout - Interior design elements. Planning merchandise needs and merchandise budgets - Methods for determining inventory evaluation - Assortment planning, buying and vendor relations - Merchandise pricing - Price strategies - Psychological pricing - Mark-up and markdown strategies. Communicating with the retail customer - Retail promotion mix-advertising - Sales promotion - Publicity - Retail selling process - Retail database. Globalisation and changing retail formats - Virtual store - E-relating International Retailing - Opportunities - Market entry formulas - new customized formats (customized stores, portable stores, merchandise depots, retail threatre, service malls, customer-made stores, interactive kiosk 'shopping arcades') : 1. Ron Hasty and James Reardon: RETAIL MANAGEMENT. 2. Rona Ostrow and Sweetman R. Smith: DICTIONARY OF RETAILING. 3. Lucas, Robert Bush & Larry Gresham: RETAILING (Hononghton Miffin, AIPD, India).
6 SECOND YEAR - FOURTH SEMESTER PAPER - XVI PAPER CODE:H4010 RURAL MARKETING UNIT- I Rural Economy - Rural - Urban disparities-policy interventions required - Rural face to Reforms - The Development exercises in the last few decades. Rural Marketing - Concept and Scope - Nature of rural markets - attractiveness of rural markets - Rural Vs Urban Marketing - Characteristics of Rural consumers - Buying decision process - Rural Marketing Information System - Potential and size of the Rural Markets. Selection of Markets - Product Strategy - Product mix Decisions - Competitive product strategies for rural markets. Pricing strategy - pricing polices - innovative pricing methods for rural markets - promotion strategy - appropriate media - Designing right promotion mix - promotional campaigns. Distribution -' Logistics Management - Problems encountered - selection of appropriate channels - New approaches to reach out rural markets. I. Philip Kotler - Marketing Management, Prentice - Hall India Ltd. 2. Agarwal A.N -Indian Economy-Vikas Publication 3. Ruddar Dutt Sundaram - Indian Economy- Tata McGraw Hill. Publishers 4. CSG Krishnamacharylu & Laitha Ramakrishna - Rural Marketing Pearson Edu Asia.
7 PAPER - XVII PAPER CODE:H4020 SERVICES MARKETING UNIT-I MARKETING OF SERVICES - Introduction - Growth of the Service Sector -The Concept of Service - Characteristics of Services-Classification of Services - Designing the ServiceBlueprinting, Using Technology, Developing Human Resources, Building Service Aspirations. MARKETING MIX IN SERVICES MARKETING - THE SEVEN Ps - Product Decisions, Pricing Strategies and Tactics, Promotion of Services and Placing or Distribution Methods for Services - Additional Dimensions in Services Marketing - People, Physical Evidence and Process. STRATEGIC MARKETING MANAGEMENT FOR SERVICES - Matching Demand and Supply through Capacity Planning and Segmentation - Internal Marketing of a Service External versus Internal Orientation of Service Strategy. DELIVERING QUALITY SERVICES - Causes of Service-Quality Gaps: The Customer Expectations versus Perceived Service Gap, Factors and Techniques to Resolve this Gap Gaps in Service - Quality Standards, Factors and Solutions - The Service Performance Gap Key Factors and Strategies for Closing the Gap - External Communication to the Customer: the Promise versus Delivery Gap - Developing Appropriate and Effective Communication about Service Quality. UNIT V MARKETING OF SERVICES WITH SPECIAL REFERENCE TO (a) Financial Services (b) Health Services (c) Hospitality Services including Travel, Hotels and Tourism. (d) Professional Services (e) Public Utility Services (f) Communication Services (g) Educational Services I. Valerie Zeithaml & Mary Jo Bitner: SERVICES MARKETING, McGraw Hill. 2. Christopher H. Lovelock: SERVICES MARKETING: PEOPLE, TECHNOLOGY, STRATEGY, Pearson Education Asia. 3. Zcithaml, Parasuraman & Berry: DELIVERING QUALITY SERVICE; The Free Press, Macmillan. 4. Audrey Gilmore: Services marketing and Management. Response Books, Sage Publications. 5. Ron Zemke & Dick Schaaf: THE SERVICE EDGE.6. Raghu & Vasanthi Venugopal: SERVICES MARKETING 6. Raghu & Vasanthi Venugopal: SERVICES MARKETING.
8 PAPER - XVIII PAPER CODE:H4030 UNIT - I ADVERTISING AND SALES PROMOTION ADVERTISING - AN INTRODUCTION- Origin and Development - Definition and Classification - Planning Framework - Organising Framework - the Advertiser and the Advertising Agency interface STRA TEGICADVERTISING DECISIONS - Setting Advertising Objectives - The Budget Decision - Preparing the Product and Media Brief COPY DECISIONS - Visualization of Ad Layout - Elements of Ad Copy and Creation Principles of verbal versus visual thinkers, Styles and Stages in advertising copy creation Copy (Pre-) Testing methods and measurements. MEDIA DECISIONS - Media Planning and Selection - Concepts of Reach, Frequency, Continuity, and Selectivity - Measures of Media Cost Efficiency Media (Readership / Viewership) Research. The Internet as an Advertising Medium: Tracking Website visits, pageviews, hits, and click-stream analysis, permission marketing and privacy, ethical concerns. Measuring Advertising Effectiveness - Control of Advertising by practitioners, media and the market - Advertising in the International Market-place - Advertising and Principles of Integrated Marketing Communication and Image Building. SALES PROMOTION - Rationale, Types - Consumer and Trade Promotions - Sales Promotion Strategies and Practices, Cross Promotions, Surrogate Selling, Bait and Switch advertising issues. BRAND EQUITY - Concepts and Criteria, Building, Measuring and Managing Brand Equity, Linking Advertising and sales promotion to achieve 'brand-standing' - Leveraging Brand Values for business and non-business contexts. I. Wells, Burnett &Moriarty: ADVERTISING PRINCIPLES AND PRACTICES, Prentice-Hall 2. June Valladares: THE CRAFT OF COPYWRITING, Sage Publications. 3. J V Vilanilam & A K Varghese: ADVERTISING BASICS! A RESOURCE GUIDE FOR BEGINNERS, Response Books, Sage Publications. 4. Wright, Winter & Zeigler: ADVERTISING; Tata McGraw Hill. 5. Sandage, Fryburger & Rotzoll: ADVERTISING; Irwin. 6. Aaker, Batra & Myers: ADVERTISING MANAGEMENT; Prentice Hall, India. 7. Subroto Sengupta: BRAND POSITIONING; Tata McGraw Hill. 8. David Ogilvy: OGILVY ON ADVERTISING. 9. J. T Russel & Ronald Lane: KLEPPNER'S ADVERTISING PROCEDURE; Prentice Hall. 10. Don E. Schultz: STRATEGIC ADVERTISING CAMPAIGNS; NTC Business Books. 11. Pran Nath Chowdhury: SUCCESSFUL SALES PROMOTION.
9 PAPER - XIX PAPER CODE:H4040 CUSTOMER RELATIONSHIP MANAGEMENT UNIT - I CRM concepts: Acquiring customers, customer loyalty, and optimizing customer relationships. CRM defined: success factors, the three levels of Service/ Sales Profiling, Service Level Agreements (SLAs), creating and managing effective SLAs. UNIT - II CRM in Marketing: One-to-one Relationship Marketing, Cross Selling & Up Selling, Customer Retention, Behaviour Prediction, Customer Profitability & Value Modeling, Channel Optimization, Event-based marketing. CRM and Customer Service: The Call Centre, Call Scripting, Customer Satisfaction Measurement. UNIT - III Sales Force Automation - Sales Process, Activity, Contact, Lead and Knowledge Management. Field Force Automation. CRM links in e-business: E-Commerce and Customer Relationships on the Internet, Enterprise Resource Planning (ERP), Supply Chain Management (SCM), Supplier Relationship Management (SRM), Partner relationship Management (PRM). Analytical CRM: Managing and sharing customer data - Customer information databases, Ethics and legalities of data use. Data Warehousing and Data Mining concepts. Data analysis: Market Basket Analysis (MBA), Click stream Analysis, Personalization and Collaborative Filtering. UNIT- V CRM Implementation: Defining success factors, preparing a business plan - requirements, justification, processes. Choosing CRM tools: Defining functionalities, Homegrown versus out-sourced approaches. Managing customer relationships: conflict, complacency, Resetting the CRM strategy. Selling CRM.internally: CRM development Team, Scoping and prioritizing, Development and delivery, Measurement. I. Stanley A.Brown: CUSTOMER RELATIONSHIP MANAGEMENT, John Wiley & Sons, Canada, Ltd. 2. Jagdish Seth, et al: CUSTOMER RELA TIONSHIP MANAGEMENT 3. Paul Greenberg: CRM AT THE SPEED OF LIGHT: CAPTURING AND KEEPING CUSTOMERS IN INTERNET REAL TIME 4. Jill Dyche: THE CRM HANDBOOK: A BUSINESS GUIDE TO CUSTOMER RELATIONSHIP MANAGEMENT, Addison Wesley Information technology Series. 5. Patrica 13. Ramaswamy, et al: HARVARD BUSINESS REVIEW ON CUSTOMER RELATIONSHIP MANAGEMENT 6. Kristin L. Anderson & Carol J Kerr: CUSTOMER RELA TIONSHIP MANAGEMENT 7. Bcrnd H Schmitt: CUSTOMER EXPERIENCE MANAGEMENT: A REVOLUTIONARY APPROACH TO CONNECTING WITH YOUR CUSTOMERS.
10 PAPER - XX PAPER CODE:H4050 UNIT I GLOBAL MARKETING The importance of world trade - Scope and challenges of international marketing - Recent trends and developments in international trade- protectionism, trade barriers, easing trade restrictions, role of the IMF and World Bank, WTO and TRIPS, TRIMS and liberalization of service industries. The international marketing environment - Political and legal systems - Multilateral and Geographical Groupings - Culture and Business Customs - Economic and Financial dimensions. Assessing international market opportunities - marketing research - International marketing management - planning and organization - Market entry strategies - export, joint ventures and direct investments. UNIT IV Global product management - standardisation vs. differentiation - Product planning and development - Marketing industrial products and services globally - Pricing for international markets. UNIT V Global logistics management - International distribution systems - Global advertising and promotional strategies - Sales management - Developing marketing strategies and programs for international markets. Methodology: Lectures, term papers, industry visit and case discussions REFERENCE I. Philip R.Cateora and John L.Graham : INTERNATIONAL MARKETING, (Irwin McGraw-Hili, 1999, 10th Edn.). 2. Micheal R.Czinkota and IIkka A.Ronkainen: GLOBAL MARKETING, (The Dryden Press, 1996). 3. Terpstra & Sarathy: INTERNATIONAL MARKETING, Thomson Press. 4. Daniels and Raderbaugh: INTERNATIONAL BUSINESS 5. Daniels, Raderbaugh & Sullivan: GLOBALIZATION AND BUSINESS, Prentice-Hall India, 2002
11 PAPER - XXI PAPER CODE:H4060 PROJECT WORK *****
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