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Nature and Importance of communication, Types of Communication, Features, and objectives of Communication.
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Communication Process, Elements of the Communication Process, Application of the
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The communication process in Marketing, Steps to develop effective Marketing Communication.
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Marketing Concepts and Evolution (Exchange, Production, Product, Selling and Marketing), Difference between Marketing and Selling, Marketing as a Social process, Entities of Marketing, Marketing Myopia, Features and Importance of Marketing and Internet Marketing.
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Jerome McCarthy’s 4 Ps of Marketing Mix.
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Product- Product Mix, Types of Product, Product Line, New Product Development, Product Life Cycle, Branding, and Packaging.
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Price – Pricing policies, Methods of Pricing, and Pricing Decisions.
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Place – Types of Channel, Channel decisions, Transportations, Warehousing & Inventory.
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Promotions – Promotion Mix, Promotion decisions, Difference between different elements of the Promotion mix, and their relative importance.
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Market Segmentation bases: Geographic, Demographic and Psychographic, Segmentation Strategy (Differentiated Vs Undifferentiated), Developing a segmentation Strategy.
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Product Positioning: Strategies and Approaches, Positioning Errors (under Positioning, Over Positioning, and Confused Positioning), Repositioning.
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Marketing Research Process.
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Integrated Marketing Communication: the target audience, determining objectives, designing the message, Selecting Communication Channel, Establishing a budget, Promotional Tools, Factors in setting the Marketing Communication Mix, and Measuring Results.
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Definition, Importance, and Functions of Advertising.
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Importance of Advertising in Modern Marketing, Role of Advertising in the National Economy.
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Types of Advertising
: Commercial, Non-commercial, Primary demand, and Selective Demand, Classified and Display advertising, Comparative advertising, Co-operative advertising.
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PACT and DAGMAR Approaches.
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The setting of Advertising Objectives.
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Advertising Appeals.
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Advertising message:
Preparing an effective advertising Copy: Elements of a Print Copy: Headlines illustration, body copy, slogan, logo, seal, the role of color. Elements of Broadcast copy.
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Advertising Budget:
Affordable Method, Per unit Method, Percentage Method, Competitive parity, and Task objective Method. Importance of Budgeting.
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