MARKETING PLAN AND MARKSTRAT SIMULATION
Instructional goals
The Marketing Plan and Markstrat course aims to engage students in an active and practical way. Indeed, the course The course consists in the application, through an online simulation, of the strategic and tactical decisions that a marketing manager typically takes. The course will encourage students with different knowledge to work together in order to understand the importance of different backgrounds in taking original and successful business decisions.
Intended learning outcomes
• Knowledge and comprehension ability: By the end of the course students will have developed ability to comprehend the link between the value generated for the customer, breadth and quality of market relationships.
• Ability to apply knowledge and comprehension: Such abilities will be acquired through the discussion of conceptual models and the development of applied project during the course.
• Autonony of judgment: By the end of the course students will have acquired ability to analyse problems and identify information needed to solve them. Specifically, students will have acquired critical thinking, problem-solving skills and team working skills as well as and ability to relate with others.
• Ability to communicate: By the end of the course students will have gained adequate competencies and tools to manage and transmit data and information to both specialist and non-specialist audiences.
• Learning ability: The course mainly aims to develop methodological capabilities, cognitive tools and capabilities that allow the students to know the marketing techniques and adapt them to each specific context.
Course Contents
The main course contents are:
- How consumer insights tie into strategic marketing decisions
• advanced marketing segmentation targeting and positioning
• product, price, communicationa and channel management
• marketing planning and performance measurement
Reference Books
Larréché J-C., Gatigon H., Triolet R. (2016) “Markstrat’s Partecipant Handbook – Strategic Marketing – Consumer Goods”
Teaching Methods
A few lectures and much group work on the markstrat simulation
Assessment Method
Peer Evaluation: 10%;
Performance on Markstrat: 40%;
Midterm: 20%;
Final Exam 30%
Thesis assignment criteria
More precise directions on how and what theses will be awarded will be provided at the course level.
Week 1
Course introduction, introduction to the Markstra game and consumer insights
Week 2
From consumer insights to marketing strategy
Week 3
From consumer insights to marketing strategy
Week 4
Decision period 1
Week 5
Decision period 2
Week 6
Decision period 3
Week 7
Decision period 4
Week 8
Decision period 5
Week 9
Decision period 6
Week 10
Decision period 7
Week 11
Decision period 8
Week 12
Final presentations