Fundamentals of Marketing

Catalogue des cours de Institut Mines-Télécom Business School

Code

MUFE MKT 3401

Niveau

L3

Discipline

Marketing, commercial

Langue

Anglais/English

Crédits ECTS

3

Heures programmées

18

Charge totale étudiant

36

Coordonnateur(s)

Département

  • Management, Marketing et Stratégie

Equipe pédagogique

Introduction au module

This course introduces students to the essential principles of marketing. They will learn the various steps of the marketing process in order to deliver a market offering that brings value to customers, while capturing value in return: analyzing the environment, formulating a marketing strategy, and implementing the strategy through the marketing mix. We will cover how to effectively segment consumers, target selected segments, and position an offering vis-à-vis the competition to offer a superior value proposition for those segments. The different elements of the marketing mix will then be treated in detail successively. The students will also learn how firms can use customer relationship management to sustain the value exchange over time.

Finalité d'apprentissage (Bloc de compétences)

  • LG1 Être capable d'étendre sa propre intelligence digitale à travers ses différentes dimensions (de manière responsable et durable)

Objectifs d'apprentissage (compétences mères)

  • 1.3 - Développer la compétitivité des entreprises et la souveraineté numérique
  • 2.1 - Identifier et analyser en profondeur les problèmes, les causes et les impacts
  • 2.2 - Explorer les solutions, les décisions et leurs impacts relatifs et absolus
  • 3.1 - Comprendre et utiliser les concepts de base, les connaissances et les théories liées à la discipline
  • 3.2 - Appliquer les connaissances de la discipline de manière appropriée et efficace
  • 3.4 - Actionner et utiliser judicieusement des techniques et des outils appropriés au sein de la discipline
  • 4.2 - Comprendre et utiliser des concepts, des connaissances et des théories interdisciplinaires
  • 4.3 - Appliquer efficacement et judicieusement des approches et des outils de management transdisciplinaires
  • 4.4 - Evaluer l'utilisation d'approches et d'outils de management transdisciplinaires
  • 4.6 - Développer les enjeux du développement durable dans ses trois composantes (environnementale, sociale, économique)
  • 5.3 - Communiquer et collaborer dans différents contextes

Traits de compétences

At the end of the course, the students will:
- Know the important concepts of marketing
- Have a good understanding of the toolbox available to marketers
- Be able to apply frameworks to analyze the market environment
- Evaluate the soundness of different marketing strategies and marketing activities
- Be able to formulate a sound marketing strategy and effectively use the tools of the marketing mix to implement it
- Design a marketing plan in response to a change in the marketing environment

Through the course:
- The students will develop leadership and cooperation skills by working in teams on a business problem.
- They will strengthen their communication skills by presenting their work in English.
- They will develop a critical approach to business questions and a problem-solving mindset.

Contenu : structure du module et agenda

Session 1: Marketing as a value-creation process
Session 2: Understanding the environment and the marketplace
Session 3: Segmentation and Targeting
Session 4: Positioning and Differentiation
Session 5: Service and Product Strategies
Session 6: Pricing Strategies
Session 7: Place and Promotion
Session 8: Customer Relationship Management
Session 9: Group Presentations + Recent developments in marketing

Contribution à l'atteinte des ODD (Objets du Développement Durable)

ODD2 - End hunger, achieve food security and improved nutrition and promote sustainable agriculture
We will discuss the use of a marketing strategy to create a separate category for “ugly veggies” that provides nutritional benefits for price-sensitive consumers.

ODD4 - Ensure inclusive and equitable quality education and promote lifelong learning opportunities for all
To reflect on the mission of an organization, from which any marketing strategy should follow, we will take the example of IMT-BS: a public school that makes business education accessible to students regardless of their social status.

ODD5 - Achieve gender equality and empower all women and girls
When covering price discrimination strategies, we will discuss associated ethical problems, such as the pink tax, by which feminine products tend to be priced higher than their masculine counterparts.

ODD9 - Build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation
The students will consider a new challenge faced by an organization, either due to the rise of artificial intelligence or the push for sustainability initiatives, and they will propose a marketing plan to address it.

ODD10 - Reduce inequality within and among countries
When covering price discrimination strategies, we will discuss initiatives to offer price discounts to low-income populations.

ODD12 - Ensure sustainable consumption and production patterns
We will discuss the social responsibility of companies in offering products that consumers want, but that have a negative impact on the environment.

Nombre d'ODD abordés parmi les 17

6

Apprentissage

synchrone

Méthode pédagogique

Lectures and class discussion on practical examples
Case studies
Group project to apply the concepts learned

Système de notation et modalités de rattrapage

Participation: 10%
Quizzes: 10%
Group project: 30%
Final exam: 50%

Références obligatoires et lectures suggérées

P. Kotler, G. Armstrong, S. Balasubramanian (2024): Principles of Marketing (Global Edition, 19th ed.)

Mots-clés

Marketing strategy, Marketing mix, Value creation, Value exchange, Customer relationship Management