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The course content for an Introduction to Marketing course. It covers topics such as marketing trends, customer needs and wants, market research, customer loyalty, branding, new product development, pricing ethics, service marketing, and the marketing mix. discussion questions, assignments, and a final paper. The course is designed to provide students with a comprehensive understanding of marketing principles and practices.
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BUS 235 Introduction toMarketing Week 1 DQ 1: Marketing Trends Consider the broad changes occurring in marketing today and identify themes that you believe are emerging from these changes. Can these themes and changes be related tosocietal forces? How? Provide examples of societal changes and how these changes have impacted the way marketing activities are conducted. Respond toat least two of your classmates’ postings. Week 1 DQ 2: Customer Needs and Wants Marketing has often been defined in terms of satisfying customers’ needs and wants; however, marketing critics argue that marketing can be unethical by creating needs and wants that did not exist before. Marketing can encourage customers tospend money on goods and services they really do not need or want. Take a position on the following ethical dilemma: Do you think marketing merely reflects the needs and wants of consumers, or that marketing creates unnecessary customers’ needs and wants? Respond toat least two of your classmates’ postings Week 2 DQ 1: Market Research Describe methods you would use toanalyze one of these three different markets: consumer, industrial or international markets. What challenges would you face toensure accurate data gathering in the market and what recommendations would you make toovercome those challenges? Respond toat least two of your classmates’ postings. Week 2 DQ 2: Customer Loyalty Successful companies recognize that high satisfaction leads tohigh customer loyalty. Provide an example of a company towhich you are loyal in terms of buying products or services. What marketing actions does the company take topromote your loyalty and satisfaction? Respond toat least two of your classmates’ postings. Week 3 Assignment, Retail Stores Visit any retail establishment of your choice in order togain specific knowledge about the marketing activities of the operation. Provide a 2-3 page report on your visit using at least two references (one reference tobe the textbook) tosupport your analysis. Suggested areas toanalyze include:
brand can’t live forever.” Provide examples tosupport your position. Respond toat least two of your classmates’ postings. Week 3 DQ 2: New Product Development Have you ever had a need for or interest in a new product or service that you wish someone had developed? Identify what you believe could be a new product or service and why you think it would be successful. Is the product or service targeted toa particular group or would it be available tothe mass market? Describe how you would test market the product or service todetermine if it has commercialization potential. Respond toat least two of your classmates’ postings. Week 4 DQ 1: Price and Ethics Discuss the ethics of pricing products tomatch the value that consumers are willing topay for products (e.g., $2.50 bottle of water, $150 running shoes, etc.). Is it unethical tocharge high prices when the cost of making a product is significantly less than the retail price? Provide examples. Respond toat least two of your classmates’ postings. Week 4 DQ 2: Service Marketing Identify the differences between product and service marketing. For example, how does Ashford market its services (education) differently than businesses offering products such as the retail store you visited in week three? Respond toat least two of your classmates’ postings. Week 5 Final Paper, Marketing Mix The final assignment for this course is the Marketing Mix. The purpose of the Marketing Mix is for you toculminate the learning achieved in the course by describing how each variable of the marketing mix (product, price, place, and promotion) is being executed in a product you select. After you select an existing product of your choice and identify its target market, address at least three elements of each variable. The Marketing Mix represents 30% of the overall course grade. Focus of the Final Paper In a 6-8 page paper, excluding title and reference pages, consider the following: Product: What features do customers care most about? How are the key features and benefits better or worse than those of competing products? How do consumers choose and use products in this category? How is the product branded? Price: How is this product priced relative tocompeting products? What is the rationale for employing this pricing strategy? Are there pricing discounts (e.g., wholesalers, bulk)? Place: Where is the product sold and why have those locations been selected? Do the locations give adequate accessibility tothe target market? Are products sold online as well? Is there transparency between online and brick and mortar outlets? Promotion: What marketing communications does this company use topromote the product? Describe the advertising, personal selling, public relations, direct marketing, etc. efforts). What main messages are portrayed toconsumers? What is emphasized? What is the image? What recommendations do you have for the marketing mix? For example, should the advertising be changed or should the product be distributed differently? Be sure touse at least 3 resources tosupport your analysis and recommendations. Week 5 DQ 1: Super Bowl Advertising Super Bowl commercials cost millions of dollars (as an example, companies paid an average of $2.6 million for 30 seconds of airtime in Super Bowl XLIV for the chance toreach a projected audience of 90 million viewers worldwide). View the latest Super Bowl ads. Identify which ad you believe was the most effective for domestic and international markets and why. Respond