Business Fundamentals Marketing Strategy

Marketing Strategy fundamentals: The art of selling your products through superb Marketing efforts

Last updated 2022-01-10 | 4.5

- Why we need Marketing
- Why a career in Marketing can be really interesting
- How to build a Marketing plan

What you'll learn

Why we need Marketing
Why a career in Marketing can be really interesting
How to build a Marketing plan
Understand customers and their needs
wants
and demands
Perform marketing research
Carry out customer segmentation
Set up the 4Ps of Marketing
Leverage product mix and pricing strategies
Organize marketing campaigns
Calculate Customer Lifetime Value

* Requirements

* The course is suitable for people with business education and for people without business education

Description

If you want to be a business owner or a corporate executive whose job involves business decisions, then you will certainly need to master three fundamental disciplines:

  • Business Strategy
  • Management and Leadership
  • Marketing Strategy

There is no way around that. It is possible to be an entrepreneur and a CEO with an engineering background and without an MBA or a business degree; what is not possible is being either of those things without having a clue about:

  • Building a Marketing plan
  • Conducting marketing research
  • Collecting primary data for marketing research
  • Performing client segmentation
  • Selecting a target customer group
  • Understanding the 4Ps of Marketing
  • Classifying a firm’s products
  • The importance of product branding
  • Subtleties of product packaging
  • Understanding the factors shaping product pricing
  • The right way to approach product pricing
  • Organizing product distribution
  • Setting up an effective promotional campaign
  • Working with the four Ps of Marketing in a dynamic environment
  • Establishing and Tracking KPIs
  • Calculating and monitoring Customer Lifetime Value

Understanding these topics will make a huge difference for you if you have decided to pursue a business-related career – be it as an entrepreneur or a corporate executive.

This is why we created this course for you! Each of the topics listed above is explained in a clear and effective way and we make sure to provide plenty of practical examples that will help you reinforce what you have learned. These examples make it even more fun and easy to understand. In addition, we have prepared a ton of supplemental resources for you:  quiz questions with explanations, course notes, PDF files, and so on.

So, what are you waiting for?

Click the “Take this course” button and let’s begin this journey together!

Who this course is for:

  • Aspiring entrepreneurs
  • Business owners
  • Business executives
  • Marketing executives
  • MBA graduates
  • Students who want to learn how to set up a successful business venture

Course content

10 sections • 49 lectures

Marketing Strategy and Management: What does the course cover? Preview 02:35

Introduction to Marketing Preview 02:55

Why companies need Marketing? Preview 01:53

Who chooses a career in Marketing? Preview 03:11

Understanding the essential types of processes we have in Marketing Preview 04:06

Marketing - An introduction

Using a Marketing Plan - An essential tool for all marketeers Preview 02:12

Understanding customers and what drives their behavior: needs, wants, & demands Preview 03:37

Making sound business decisions: leveraging marketing research Preview 02:41

Going through the various stages of marketing research Preview 05:11

Learn how to collect primary data for marketing research Preview 04:40

Client segmentation - The right way to address client needs Preview 03:53

Selecting a target customer group Preview 06:26

Marketing - Creating a successful Marketing Strategy

The fundamental concept we want you to learn - The 4Ps of Marketing Preview 02:22

Marketing - Shaping the Marketing mix

What is important when we talk about a company's products? Preview 02:18

Classifying a firm's products Preview 01:41

Understanding and taking advantage of the usual product lifecycle Preview 04:53

The importance of product branding Preview 03:45

The exterior matters - product packaging Preview 01:57

Marketing - Shaping the Marketing Mix - Product decisions

Understanding the factors shaping product pricing Preview 02:15

A good Marketing Manager has an idea about the demand curve of their product Preview 02:23

Break-even calculations: a valuable planning tool Preview 03:35

Marketing - Shaping the Marketing Mix - Pricing decisions

The best way to organize product distribution Preview 02:44

The various types of distribution channels Preview 04:19

E-commerce: the fastest growing distribution channel for the last decade Preview 02:19

Marketing - Shaping the Marketing Mix - Place decisions

Why do we need to promote our products? Preview 02:26

Setting up an effective marketing campaign Preview 03:45

The growing importance of social media Preview 00:54

Marketing - Shaping the Marketing Mix - Promotion decisions

The four Ps of Marketing in a dynamic environment Preview 03:18

How to work with a Marketing budget Preview 01:24

Monitoring of Key Performance Indicators (KPIs) Preview 02:02

Short and long term Marketing goals Preview 03:22

An invaluable tool for experienced marketeers: Customer Lifetime Value (CLV) Preview 03:17

Case study: Coca-Cola and Christmas Preview 08:31

Marketing decisions that are crucial in the long run

Intro to Tesla marketing Preview 00:56

Tesla's segmentation problem Preview 03:05

A proof of Tesla's brand strength Preview 01:38

Tesla's pricing Preview 00:50

Before or after savings? Preview 04:14

Federal tax incentives for EVs Preview 03:05

Tesla's distribution strategy Preview 04:02

Bonus lecture Preview 00:02