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What is Marketing?

In many ways, the course work for a marketing degree overlaps with the coursework for a business degree. This should come as no surprise, since both business degrees and marketing degrees help you learn practical skills that work across a broad range of industries. While each college or university names their courses a little differently, the type of marketing courses you can expect to encounter while working towards a bachelors’ degree in business or marketing, an MBA, or a master’s degree in marketing, will be similar regardless of the school you attend.

Of course, marketing students will focus on marketing principles. Frequently, the core principles of marketing are referred to as the 4Ps: selecting a Product; determining the Price; selecting a distribution channel or Place; and developing a Promotion strategy. However, marketing students need to understand marketing on a deeper level than a simple 4P overview provides. For example, marketing majors may not ever have to conduct their own market research, but they should understand statistics, as well as the tools and techniques market researchers use, so that they can evaluate that research. Marketing students also need to understand how to market to businesses, including a thorough understanding of the supply chain.

One of the ways that marketing courses deviate from business courses is that they emphasize the role of human behavior. In many ways, marketing is selling, and to sell products, one must know people. Consumer behavior, or the psychology of marketing, helps explain what motivates people to make purchasing decisions.

You can expect to encounter at least one business communications course. These courses focuses on those components of communications that are most relevant in a business setting. They may include international communication, managerial communication, and even business writing courses.

Marketing students will also need to be familiar with economics. While many times you will only be required to study macroeconomics, you may find it easier to understand economic concepts if you also study microeconomics. In different ways, both approaches to economics look at the core concept of supply and demand. A marketing professional’s job is not only to create demand for a product, but also to be able to realistically assess whether such demand can be created and what price point the demand will sustain. Although it is geared more towards understanding the supply chain, Forio’s Root Beer Game can really enhance student’s understanding of supply and demand.

Given the globalization of most businesses, marketing students have to be familiar with an international business environment. Strategies that work well in one situation may be completely inappropriate in an international context, therefore students need to learn global marketing strategies. Of course, if you intend to market to a specific international area, then taking courses that are specifically tailored to that area can be helpful, even if they are not in your degree plan. It is not unusual for marketing students to study sociology, foreign language, and culture in order to gain a better understanding of their potential consumers.  [ Show Less ]

 

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Mobile Marketing and Location-Based Services: A Case Study
Mobile marketing is transforming the integrated marketing communications strategies of companies today. The intent of this analysis is to evaluate how mobile marketing can be used as a catalyst of creating greater trust with customers and make its contextual intelligence highly valuable across the spectrum of retail selling strategies.
Paper Undergraduate
Break-Even and Pricing Analysis: Pringly Division Case
The paper is based on a fictitious case study of Pringly Division. The firm has to make a pricing decision for a new product. Two different pricing levels are assessed, with a break even analysis and an assessment of the sales needed in order to reach a desired profit level. The calculations are used to make a recommendation on pricing.
Essay Doctorate
Stargazer Project Management: Feasibility and Deliverables
Determine which project might be implemented and why (e.g. feasibility study or breakeven analysis etc.)
Paper Undergraduate
Economic Reform and Political Repression in Modern China
Much has changed in China but much has also remained the same. This paper profiles three individuals from modern China: two young entrepreneurs and one dissident. Their lives are compared and contrasted regarding their attitudes towards the state, gender roles, and the paradox that formerly communist China remains repressive yet is also one of the most innovative capitalist economies in the world.
Paper High School
Pricing Strategy, Antitrust Law, and Distribution Channels
Creating a competitive advantage in the context of new markets is heavily predicated on distribution channels. The intent of this analysis is to show how monopolistic behavior has been defended in the context of the dental supplies industry, and how tight integration of pricing and contracts leads to greater overall performance in the marketplace.
Essay Doctorate
TUI Travel: Strategic Resources and Core Competencies Analysis
TUI is a travel company in the UK and Germany, with offices all over Europe. It is vertically integrated, so it runs hotels, airlines, tours and booking offices. This paper analyzes the physical and human resource of the company, its finances, and its value chain, along with a SWOT analysis.
Paper Undergraduate
Tobacco Advertising Icons: Marlboro Man and Joe Camel
This sort of mass media advertising directly led to countless teen smokers picking up the habit in their adolescence. Major tobacco companies deny that these ads were targeted towards children or teens, a denial which created a tense debate between Big Tobacco and American parents, and although “the tobacco industry denies that their marketing is targeted at young nonsmokers … it seems more probable that tobacco advertising and promotion influences the attitudes of nonsmoking adolescents, and makes them more likely to try smoking” (Lovato, Linn, Stead & Best 344). The debate was settled when the United States Congress intervened over ten years ago and facing enormous pressure and scrutiny, all major tobacco companies have abandoned their once beloved logos. The demise of the Marlboro Man and Joe Camel is a welcome shift from the sinister advertising tactics used by tobacco companies in the past, but as we have learned from past regulation efforts, “over the past half-century, cigarette manufacturers have found ways to successfully sell their product despite increasing advertising restrictions and will no doubt try to continue to do so in the face of this new legislation” (James and Olstad 1). The impact from these icons on our popular culture will never be forgotten, however, as millions of people each year die from cigarette related illnesses. These pop culture icons, no matter how horrifying they are in a way, will always be remembered as among the most remarkable and memorable advertising strategies of all time.
Thesis Doctorate
Strategic HR Management in Healthcare Organizations
This paper makes an argument that human resource organizations within the field of healthcare must make additional efforts to act as advocates for their departmental needs, as well as the needs for staff. They must do so by making a strategic case for the value of HR, as translated into financial and quality terms in the 'language' that can be understood by CFOs.
Paper Undergraduate
Yue Sai Brand Repositioning: L'Oréal China Marketing Strategy
The paper answers two sets of questions looking at a case study concerning the problems faced by L'Oreal's Yue Sai brand in China. The first issue considered is whether or not the brand should be repositioned, and what, if any changes, will be needed for L'Oreal to achieve increased sales. The second issue is the marketing mix, looking first at the product itself and then the pricing strategy and partnerships.
Paper Doctorate
Golden Line Smartphone Marketing Plan: Strategy & Analysis
Gold Line is a mobile telephony company seeking to expand its services to cover a wider market and counter rivals like Samsung and Nokia. This plan analyses the business and operating environment with the aim of proposing the viable alternatives for the company. The company may also opt to move the R&D resources to the advertising team. As the dissection offered exhibits, there were regions where Golden Line could see expanded returns by moving resources around.