Product Brand Marketing
University of Economics, Prague
Prague, Czech Republic
Area of Study
Business, Business Administration, Business Management, Marketing
Taught In English
Course Level Recommendations
ISA offers course level recommendations in an effort to facilitate the determination of course levels by credential evaluators.We advice each institution to have their own credentials evaluator make the final decision regrading course levels.
Recommended U.S. Semester Credits3
Recommended U.S. Quarter Units4
Hours & Credits
Please note- this syllabus is a sample only.
Aims of the course:
The course introduces students to the practical aspects of product/brand marketing and to the specific role of "product / brand manager" in the company. It demonstrates basic analytical, planning and management tools with which students may encounter in marketing practice. The main pillar of the course is a marketing plan, its use in brand management and its implementation in the strategic management of the company. Course also deals with different aspects of branding, brand positioning statement, trade marketing, sales management, ATL and BTL activities.
Learning outcomes and competences:
- Understand the key aspects of the brand value creation
- Propose appropriate tools to ensure business growth of brands
- Propose appropriate segmentation and positioning, enabling the brand to maximize its profit potential.
- Explain how to maximize the synergy effect of branding in the long term and how to reflect the core values of the brand into the marketing mix.
- Explain what tools can be used to determine the price of a new product on the B2B and B2C markets and how to create innovative products.
- Understand the specifics of branding in different markets such as cosmetics, luxury, pharmaceuticals, groceries and many others
- Prepare an appropriate marketing plan
Course content in details:
Product marketing and the specifics of its relationship to corporate strategy. Product concepts. The function and role of product manager and connection with career planning. Relationship and cooperation of brand manager to other departments in the company. Critical relationship of marketing and sales.
Marketing Plan as a tool for implementing strategy at the product level as well as an investment project. The structure of the marketing plan and its practical use in brand management. SWOT analysis. Analysis of the market and consumer analysis as the basis for setting marketing objectives and marketing strategy.
The Action Plan as output of marketing plan. Marketing mix. Financial analysis and analysis of product costs, budgeting for the future development of the product / brand. Methods of demand forecasting.
Sales management and its importance to marketing processes. Monitoring consumer market –field visits, reports from the field as one of the tools of market analysis for brand management. Marketing of private labels.
Branding. Product Brand and its importance in brand management. The concept of brand value and its building in the context of the long term strategy. Creating brand positionng statement, goals and mission of the brand, basic elements of brand communication. Definition and identification of the target group and its specifics, understanding the needs of consumers.
Briefing. Brief structure, its function and importance in brand management. Development and evaluation of de-brief and its importance. Rating successful and unsuccessful consumer promotions.
- 1 = 90 - 100%
- 2 = 75 - 89%
- 3 = 60 - 74%
- Failed = below 60%
Assessment methods (weight):
- Active lecture/seminar/workshop/tutorial participation/ attendance = 20%
- Mid-term test = 20%
- Presentation = 40%
- Final test = 20%
- Total = maximum 100 %
Courses and course hours of instruction are subject to change.
Credits earned vary according to the policies of the students' home institutions. According to ISA policy and possible visa requirements, students must maintain full-time enrollment status, as determined by their home institutions, for the duration of the program.
ECTS (European Credit Transfer and Accumulation System) credits are converted to semester credits/quarter units differently among U.S. universities. Students should confirm the conversion scale used at their home university when determining credit transfer.
Availability of courses is based on enrollment numbers. All students should seek pre-approval for alternate courses in the event of last minute class cancellations