Introduction to Marketing - MKT248/3 Fall 2025 - Thursdays 8.00-10.45 Room 2.18
Course

This is an examination of the overall marketing system from the marketing decision-maker’s viewpoint. The course emphasizes product, price, promotion, and distribution as well as planning, research, and organization required to implement marketing concepts. We examine marketing of consumers and industrial products and services, profit and nonprofit marketing institutions, and public and private institutions. Also, we study the managerial, economic, social, and legal implications of marketing activities, policies, and strategies.
Here is the course outline:
1. Introduction to Marketing – what is it and why does it exist?
Sep 4
Introduction of course and course objectives, review of syllabus and schedule. Let us start by looking at the underlying reasons what marketing does and why it exists. We’ll cover the evolution of marketing, the marketing concept, the marketing process and further evolution of the marketing concept. Reading: Chapter 1: Marketing - creating customer value and engagement |
2. Marketing Strategy I – why it’s the bedrock of all good marketing
Sep 11
An overview of the Marketing Strategy concept and its importance. This week will also be dedicated to understanding the marketing environment, the role of research, how firms grow, exploring different possible growth strategies, uncovering the laws of brand growth, understanding strategic planning and marketing’s role and revealing the essentials to business strategy and the marketing plan. Reading: Chapter 2: Company and Marketing Strategy - partnering to build customer engagement, value and relationships |
3. Marketing strategy II – the story of Starbucks and how the sweet smell of success went stale
Sep 18
Dedicated to looking at the story of Starbucks. From its origins, strategic marketing, original positioning and framing to exploring the growth of the Starbucks Experience which combines both offline and online. We will uncover the causes of Starbucks’ current problems and discuss how the brand might change its fortunes. Today: Quiz on Assigned Readings (45-50 min) Reading: Chapter 2: Company and Marketing Strategy, especially the Starbucks: delivering the Starbucks Experience article |
4. Consumer decision making – why it really is all in our heads
Sep 25
Understanding consumers is challenging. We will delve into what drives decision making, with the help of psychology, neuroscience and behavioural science. We will uncover the factors affecting behaviour, explore different behaviour theories, discuss the link between brands and buyer behaviour and see how this can be applied to brands and marketing communication. Reading: Chapter 5: Consumer Markets and Buyer Behavior |
5. Segmentation, Targeting and Positioning (STP) – the essence of strategic marketing
Oct 2
Segmentation, Targeting, Positioning (STP) is one of the fundamentals of strategic marketing. What is it exactly? Why is so important? We will explore market segmentation, targeting, the six key elements of positioning, as well as look at the role of differentiation in detail with supporting examples. Assignments/deadlines: A1 DRAFTS to be brought to class for review Reading: Chapter 4: Managing Marketing Information Chapter 7: Creating Value for Target Customers |
6. The 4 P’s of marketing
Oct 9
The 4 Ps is one of marketing’s most well-known models invented back in the 1960s which is still widely used today. We will explore each of the Ps separately – starting with product, price and then place - as well as look at the role of differentiation in detail with supporting examples. Assignments/deadlines: A1: STARBUCKS ASSIGNMENT due Friday. Reading (to be done after the exam and over spring break): Chapter 8: Products, Services and Brands Chapter 9: New Product Development and Product Life-Cycle Strategies Chapter 10 Pricing: Understanding and Capturing Customer Value Chapter 11 Pricing Strategies: Additional Considerations |
7. Promotion and integrated marketing communications – easier said than done
Oct 16
We’ll discuss the final P – promotion – probably the most (over)used P, favored by most marketers. And we’ll also explore the development and growing importance of integrated marketing communications. We will look at the marcoms process, key marcoms tasks, its evolution, development, influences and key marcoms tools and media. Assignments/deadlines: Review: Study Workshop for the Mid-term Exam next week - weighting 25% of Grade, the test will consist of: ● True/False, ● Short Answer, ● Short Essay and ● Case Studies Reading: Chapter 14: Engaging consumers and communicating customer value – integrated marketing communications strategy |
8. Mid-Term Exam
Oct 23
Mid-Term exam |
9. Advertising and PR – a force for good or not?
Nov 6
Advertising was once one of the most power levers marketers had at their disposal. Advertising has evolved from its mass media TV days and has fragmented into a variety of different types. We’ll attempt to understand how advertising works, hear two current viewpoints, look at how we can classify advertising, explore the development of digital advertising and debate the rise of synthetic advertising. Plus, we’ll explore the growing world of public relations. Group Project A2 Assignment Introduced Reading: Chapter 15: Advertising and Public Relations |
10. Brands and branding – what it is, how it works and why it matters
Nov 13
Brands are probably the most powerful commercial and cultural force on the planet today. But what is a brand? How does branding work? We’ll explore what makes brands successful, the rise of platform brands, debate the role of brand purpose and highlight the latest brand design trends. Reading: Chapter 8: Products, services and brands – building customer value |
11. Marketing and sustainability – can brands ever be truly sustainable?
Nov 20
Marketing is still operating in very similar ways as it did back in the 1960s. One thing that is unchanged is the relentless grip of consumerism and materialism around us. Marketing is shaping almost every part of our lives. This is having profound, detrimental effects on our health and our planet. People are demanding change. More companies are realizing that doing good socially and environmentally can also be good for business too. Can marketing change to become part of the solution and not just part of the problem? Let's make sure your group is ready for the presentations NEXT WEEK Reading: Chapter 20: Sustainable marketing – social responsibility and ethics |
12. Presentations
Nov 27
A2 Group Project Presentations Assignments/deadlines: begin to review the Study Guide for the Final Exam. |
13. Presentations
Dec 4
A2 Group Project Presentations Assignments/deadlines: continue to review the Study Guide for the Final Exam. |
14. Final Exam
Dec 11
Final Exam. Remember - impossible is nothing. |