Principles of Marketing

Categories: Business, Marketing
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About Course

This Principles of Marketing Course provides students with a comprehensive introduction to the fundamental concepts, theories, and practices of marketing. This course explores the role of marketing in creating value for customers, businesses, and society. Topics include consumer behavior, market segmentation, positioning, branding, pricing strategies, distribution channels, and the marketing mix. Emphasis is placed on the application of marketing principles in a dynamic and globalized marketplace, including the impact of digital technology and ethical considerations. By the end of the course, students will have the skills to analyze and develop effective marketing strategies and plans. By the end of this course, students will:

  1. Understand the Fundamentals – Define and explain core marketing concepts, including the marketing mix, consumer behavior, and the marketing process.
  2. Analyze Consumer and Market Behavior – Evaluate factors that influence consumer decision-making and how businesses segment, target, and position products in diverse markets.
  3. Develop Marketing Strategies – Apply marketing principles to create-driven strategies that deliver value and foster strong customer relationships.
  4. Interpret Marketing Data – Utilize market research tools and methods to gather and analyze data for informed decision-making.
  5. Examine Marketing’s Broader Role – Assess the impact of digital technology, globalization, and ethical practices on modern marketing.
  6. Apply Knowledge Practically – Design and present a comprehensive marketing plan for a real or hypothetical product or service.
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What Will You Learn?

  • Understand the Core Concepts of Marketing – Learn what marketing is, why it matters, and how it influences businesses and consumers worldwide.
  • Master the 7Ps of Marketing (Marketing Mix) – Explore the essential principles of Product, Price, Place, Promotion, People, Process, and Physical Evidence and how companies use them to succeed.
  • Discover the Power of Market Research – Learn how businesses collect and analyze data to understand customer preferences and make smart marketing decisions.
  • Develop Skills in Market Segmentation & Targeting – Understand how businesses identify different customer groups and tailor their marketing strategies to meet specific needs.
  • Explore Branding & Positioning Strategies – Learn how brands like Apple, Nike, and Starbucks create strong brand identities and position themselves uniquely in the market.
  • Gain Insights into Digital & Traditional Marketing Strategies – From social media and influencer marketing to TV ads and direct mail, you’ll explore 35 types of marketing and how they are used effectively.
  • Analyze Real-World Case Studies – Apply what you learn through case studies of global brands like McDonald’s, Starbucks, Coca-Cola, and Amazon, understanding how they use marketing to stay competitive.
  • Understand Pricing & Distribution Strategies – Learn how businesses set prices, create value, and get their products into the hands of customers efficiently.
  • Explore the Role of Customer Relationship Management (CRM) – Discover how companies build long-term customer loyalty through personalized experiences and data-driven marketing.
  • Develop Critical Thinking & Problem-Solving Skills in Marketing – By the end of the course, you’ll be able to analyze marketing problems, create solutions, and apply strategic thinking to real-world marketing challenges.

Course Content

Week 01: Introduction to Marketing
This lesson explores the following topics: 1. What is marketing? 2. Why is marketing important? 3. The different types of marketing 4. The 7Ps of marketing mix 5. Conclusion and Key Takeaways

  • Learning Guide
  • Discussion Post
  • Video: Introduction to Marketing
  • Audio: What is marketing?
  • Practice Quiz
  • Portfolio Activity

Week 02: The Functions of Marketing
This lesson dives deep into the different functions of marketing.

Week 03: Segmentation and Targeting

Week 04: Marketing Strategy

Week 05: Market Research

Week 06: Consumer Behavior

Week 07: Review and Midterm Preparation

Week 08: Mid-Term Written Exam

Week 09: Product Positioning

Week 10: Product Branding

Week 11: Product Pricing

Week 12: Channels of Distribution

Week 13: Customer Relationship Management

Week 14: Review for Final Exam

Week 15: Final Written Exam

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