This class exists in these courses :
• IÉSEG > IESEG Degree - Programme Grande École > Semester 1 > 2,00 ECTS

Prerequisites

Students must have taken a Marketing Management course.

Learning outcomes

make strategic decisions (Segmentation, positioning, R&D, resource allocation)
- to understand segments expectations
- to (re)position a product based on perceptual maps
- to design a product to fit with customers expectation using perceptual maps and conjoint analysis
- make operational decisions (price, production planning, sales force, retailing, communication, market research studies)
- design and implement marketing strategies.

Course description

Students will have the opportunity to manage during six periods the marketing department of a company marketing several products in one product category. Students will face
- Segmentation issues in the formulation of marketing strategies. Five segments are considered in the Sonite market, with differing needs and behaviour.
- Positioning issues in the formulation of marketing strategies. The perceptual map which represents graphically brands similarities and preferences is instrumental in illustrating the importance of positioning considerations in the design and monitoring of marketing strategies.

They will manage and expand a product line through the modification of existing brands and the introduction of new ones. Each firm manages a product portfolio and can develop new product/market strategies.
They will manage the interaction between marketing and R&D to develop products with specific physical characteristics.

Class type

Class structure

Teaching methods

• Coaching
• E-learning
• Interactive class
• Tutorial

Assessment

Students will be evaluated based on MCQ, their company performance and their final presentation.

Recommended reading

• Larréché J-C, Gatignon H. and Trilet (2010), Markstrat: Student Handbook, StratX - -

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Internet resources

• IESEG Online

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