Principles of Marketing Management
SUBJECT CODE: BBA621A
CREDITS: 4
Unit 1: Fundamentals of Marketing Management
Meaning & Definition of marketing -Role of Marketing -Relationship of Marketing with other
functional areas -Market Concepts -Product concept -Selling concept -Marketing concept -Societal
marketing concept -Approaches to marketing management -Functions of marketing -Scope of
marketing: goods, services, events, organizations, etc. -Emerging trends in marketing.
Unit 2: Marketing Plan
Marketing Environment: Concept -Macro-environmental forces -The changing marketing
environment -Analyzing needs and trends in Macro-Environment: Economic Environment, Technical
Environment, Political, Environment and Socio-cultural Environment. Introduction to The Marketing
Plan –Definition –Nature –Objectives -Structure of The Marketing Plan -The Process of marketing
plan -Critical elements of external and internal analysis of Marketing Plan -Implementation of
Marketing Plan.
Unit 3: Marketing Mix
Introduction to marketing mix -Marketing mix implementation: short term and long term tactics –
Product: meaning, elements, product mix -Product mix strategies -Product line -Product lifecycle
Product planning -New product development -Failure of new product -Product branding -Branding
strategy and packaging –Pricing: Objectives -Factors influencing pricing policy -Methods of pricing -
Pricing strategy. Physical Distribution: Meaning -Factors affecting channel selection -Types of
marketing channels –Promotion: Meaning and significance of promotion – Personal selling &
advertising (meaning only).
Unit 4: Buyer behavior
Market Segmentation: Levels and patterns of market segmentation -Bases for segmenting markets -
Market segmentation - Targeting - Product Positioning - Types and bases of positioning - Product
Differentiation -Meaning of consumer, customer, consumer behaviour and buying motives -Factors
influencing buyer
behavior -Factors that influence consumer purchasing decisions -Buying process -Stages of the
consumer buying behavior -Business to Business (B2B) buying process -Key factors influencing B2B
purchasing decisions -Differences between Consumer goods and Industrial goods
Unit 5: Digital Marketing
Introduction to Digital Marketing –Concept of Digital Marketing -Difference between traditional
marketing and digital marketing -Trends and scenarios of the industry -Planning and Creating a
Website -Search Engine Optimization (SEO), Search Engine Marketing (SEM), of Social Media
Marketing, Blogging, Content Strategy, Email Marketing.