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Business Marketing Overview of Course Dr. Dawne Martin Calvin 201 B – 107 next week Office telephone: 532-4383 email: dmartin@ksu.edudmartin@ksu.edu Office Hours: T Th 9:30 – 11:00 & by appointment
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Introductions Your Name Adjective Home Town Hobbies & Interests Major Industry Interests
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Administrative Things Friday, September 17 th Department of Marketing Advisory Council Meeting – Friday, Sept. 30 Golf Tournament – 3:30 PM - Players - Volunteers
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Question for You Think of marketing personal computers. How would marketing pc’s to businesses differ from marketing to consumers?
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Differences from Consumer Marketing Buying Behavior More complex More people involved Relationships more important Channels are shorter -- Sales more important More focus on personal selling Unique promotional strategies Focus on buyer-seller relationships
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What We’ll Study Creating, Delivering and Evaluating Value for Customers Business Buyer Behavior and Relationships Issues in Purchasing and Effects on Business Marketing Marketing Management and Strategy in a Business Environment
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Course Requirements Text: Business Marketing, 4th Edition, Dwyer and Tanner, McGraw Hill, 2009. Additional Readings – In the library reserve Prerequisites: MKTG 400
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Course Policies Attendance & punctuality Reading assigned materials Additional assignments & reading Make-up exams Changing grades
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Academic Honor Code Personal integrity is presumed Work submitted is your own Plagiarism & cheating are serious offenses Honor Statement On my Honor, as a Student I have neither given nor received unauthorized aide on this academic work.”
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Course Format Lecture, Video, Guest Speakers, Discussion, Exercises & Cases Exams -- 3 @ 100 pt. Group Project & Presentation--150 pts. Presentation -- 50 pt. Group Case Presentation – 25 pts Class participation-50 – 75 pt Assignments Quizzes Attendance Lectures (15 points each) Course Outline, Assignments & Lecture notes on K-State Online Articles on reserve in the library
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Group Project Groups of 4 25 - 30 page paper Analysis of a Business Marketing Strategy Overview of the industry Industry Overview & Environmental Factors Market definition Description of current marketing strategy Interview with officer of the company Strategy assessment & potential pitfalls Recommendations
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Assignments Group Presentation 15 minutes Highlight of most important findings & strategy Case Problem Statement Situation Analysis (Factors Driving the Industry) Environmental Factors Customer Factors Competitive Factors Supplier Factors Alternatives Criteria for Selection of Recommendation Recommended Solution and Implementation Suggestions
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Exams Format: Multiple Choice & Essay Exam Policies No books or notes No makeup exams – optional final given to replace one grade No extra credit
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Assignment for Thursday Read Chapter 1 How business marketing is different What drives business marketing strategy? Types of customers Types of products Purchasing standards and process Nature of demand Read Case 1-1 and prepare to assess the mission statements
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