Kellogg School of Management

Essentials of Marketing

Kellogg School of Management

Online

About Programme

Kellogg knows that successful marketing professionals must be competent in sound marketing strategy, robust tactical practices and solid quantitative analysis. Our Essentials of Marketing online program has been designed to align with the competencies needed for success. This program introduces participants to critical marketing concepts, elevates their strategic thinking, allows learners to master problem-solving techniques, and become skilled in the use of customer and market information in developing superior marketing recommendations.

First, you will focus on creating a solid marketing strategy (Modules 1 – 6) which is fundamental for achieving a sustainable advantage in today’s highly competitive business environment. You will learn to build a foundation for marketplace success utilizing customer insights, identify your target audience and effectively position your brand to create a strategic foundation for achieving your business goals.

Now that your marketing strategy is in place, you’re then ready to explore the frameworks and tools that will bring that strategy to life (Modules 7 – 12). Kellogg’s renowned faculty will teach you how to make key tactical decisions in support of your marketing strategy and help you become better skilled in product development, brand management, marketing communications and digital marketing.

Programme Content

Module 1: Understanding the Role of Marketing

Discover what is critical to marketing success
Learn why beginning with tactics often fails
Explore the 3 C’s and understand their importance in achieving your marketing goals
Understand why the customer is the foundation for all marketing decisions

Module 2: Identifying Customer Insights

Pinpoint what a customer insight is, how to access it and why it’s important
Understand how to develop customer empathy and identify mindsets
Use a consumer index to determine which customers are more or less likely to purchase

Module 3: Developing Marketing Goals

Define the elements of a comprehensive marketing goal
Learn to utilize consumer behavioral goals to grow revenue
Perform a breakeven analysis

Module 4: Segmenting Markets

Discover how segmentation helps align organizational strengths with customers’ needs
Identify characteristics that may be used to classify consumers
Determine consumers’ needs within each segment
Understand how matching offerings to a segment differs between and among competitors
Explore the elements of an effective segmentation study

Module 5: Selecting Target Customers

Understand why targeting is important
Learn how the concepts of measurability, actionability and substantiability apply to target selection
Explore how big data can improve Customer Lifetime Value

Module 6: Positioning Your Brand

Understand what constitutes brand positioning and the fundamentals of a strong brand positioning statement
Identify a frame of reference and point of difference in the marketplace
Analyze a brand position by applying the value equation
Discover why and how a brand position may be refined over time

Module 7: Making Product Development Decisions

Identify the best path that leads to business growth for your organization through volume growth, new product expansion in existing markets, expansion into new markets, or new-to-the-world product and services development
Learn the basic methods and pitfalls of forecasting market penetration for existing and new products

Module 8: Making Brand Management Decisions

Understand the role of brands and the benefits they bring to an organization
Explore the concept of brand design and its relationship to the customer journey
Learn the advantages and risks associated with extending a brand
Define and calculate the impact of cannibalization

Module 9: Making Pricing Decisions

Understand the concept of Willingness to Pay (WTP) and its importance in determining pricing strategy
Explore the WTP demand curve and its representation of customers
Learn how positioning affects WTP and pricing strategy
Analyze opportunities for segmented pricing

Module 10: Making Distribution Decisions

Utilize market segmentation analysis for distribution channel design
Learn how to use channel benefits and channel segmentation analysis to evaluate a major market decision
Determine the value and functions of intermediaries and the role of incentives in channel design

Module 11: Making Marketing Communications Decisions

Utilize the creative brief as the foundation of your creative strategy
Understand the concept, value and issues associated with sustaining your position through laddering
Learn to apply the ADPLAN framework to evaluate advertising
Discover how to choose appropriate media forms for promoting your product or service
Gain insight into creating and managing successful client-agency relationships

Module 12: Making Digital Marketing Decisions

Explore the modern digital marketing eco-system
Gain insight into how marketing platforms mature and how each stage of maturation presents benefits and risks to marketers
Learn to leverage customer journey mapping as a tool for customer touchpoint identification and prioritization
Discuss the term “experience,” describe why it matters, and use it to create differentiating value for your customers

Programme Audience

Managers in marketing-related roles with 2-8 years of experience who are looking to enhance their marketing skills
Emerging leaders who are in a marketing role as part of an organizational rotation assignment
Ideal for teams within an organization who want to communicate in a common marketing language

Programme Benefits

Develop a comprehensive marketing strategy
Select optimal marketing tactics based on sound data analytics and customer insights
Deliver persuasive recommendations using a structured and disciplined framework
Communicate in a common marketing language

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Prashansa Uttam

Programme Advisor

+91 9403890085[email protected]Mon – Fri, 9am – 5pm IST

Kellogg School of Management

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847.467.6018
mailto:execedonlinekellogg.northwestern.edu
https://www.kellogg.northwestern.edu
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Essentials of Marketing | Kellogg School of Management