15.810
Marketing Management
Fall 2015 · Marketing Management: Analytics, Frameworks, and Applications
Topics
- The Marketing Framework: 4 P’s and 5 C’s
- Snapple (4 P’s, Entrepreneurs vs. Corporate)
- Marketing Analytics
- In‐class Project Meetings: Topic and Customer Identification.
- BBVA Compass: Marketing Resource Allocation † (Analytics)
- Consumer Psychology: Framing and Schema
- Brita Products Company † (Positioning, Disruptive New Product)
- Special Guest: Richard Choi, Dir., Chevrolet Global Brand Strategy
- Project Groups Meet on their Own to Finalize Topics.
- Product: Design and Voice of the Customer
- Pricing: Concepts and Analytics (Including Conjoint Analysis)
- Aqualisa Quartz: Simply a Better Shower † (Product, Place)
- The New York Times Paywall † (Pricing)
- Promotion: Communications to and from Customers
- Special Guest: Sahver Binici, Founder, Olivita Artisan
- Swatch † (Advertising, Framing, Integration, 4 P’s)
- In‐class Project Meetings: Report on VOC and Finalize Projects.
- Aravind Eye Hospital, Madurai, India (Place and Integration)
- Dove: Brand Evolution (Societal Issues, Social Media)
- Synthesis
Readings
- SES #: 4 · TOPICS: In‐class Project Meetings: Topic and Customer Identification. · READINGS: No readings.
- SES #: 8 · TOPICS: Special guest: Richard Choi, Dir., Chevrolet Global Brand Strategy · READINGS: No readings.
- SES #: 9 · TOPICS: Project Groups Meet on their Own to Finalize Topics. · READINGS: No readings.
- SES #: 15 · TOPICS: Special Guest: Sahver Binici, founder, Olivita Artisan · READINGS: No readings.
- SES #: 17 · TOPICS: In‐class Project Meetings: Report on VOC and Finalize Projects. · READINGS: No readings.
- SES #: 20 · TOPICS: Synthesis · READINGS: No readings.
Fall 2010
Topics
- Introduction and company analysis
- Competitive analysis
- Customer analysis I
- Customer analysis II and III: Value to the customer and customer lifetime value
- Developing market strategy
- Segmentation, targeting and positioning
- EVC-based strategy
- STP-based strategy and IBS
- IBS, social responsibility and marketing
- Branding
- Developing marketing strategy for innovation
- Product
- Marketing products for multi-sided demand markets
- Price
- Promotion
- Distribution
- International market entry
- International branding
- Course summary
- Team presentations
Readings
- Kotler, Philip, and Kevin Keller. Marketing Management . 13th ed. Prentice Hall, 2008. ISBN: 9780136009986.
- Best, Roger J. Market-Based Management – Strategies for Growing Customer Value and Profitability . 5th ed. Prentice Hall, 2009. ISBN: 9780132336536.
- Dolan, Robert J. “Note on Marketing Strategy.” Harvard Business Review . Harvard Business School Publishing, October 29, 2007.
- ———. “Basic Quantitative Analysis for Marketing.” Harvard Business School Publishing, May 24, 1984.
- Paul, Peter J., and James Donelly. “Analyzing Marketing Problems and Cases.” Section II in A Preface to Marketing Management . Richard D. Irwin, Inc., 1994. ISBN: 9780256122510.
- Chernev, Alexander. “Managing the Competition.” In Strategic Marketing Management . Brightstar Media, Inc., 2009. ISBN: 9780982512647.
- Cressman, George, and Thomas T. Nagle. “How to Manage an Aggressive Competitor.” Business Horizons 45, no. 2 (2002): 23-30.
- Belsky, Gary. “To Understand Your Customers, You Have to Know How They Think.” America’s Community Banker , October 1999, 23-26.
- Altman, Daniel. “A Nobel That Bridges Economics and Psychology.” The New York Times , October 10, 2002.
- Best, Rogers. “Economic Benefits and Value Creation.” In Market-Based Management-Strategies for Growing Customer Value and Profitability . 5th ed. Prentice Hall, 2009. ISBN: 9780132336536.
- Reichheld, Frederick F., and W. Early Sasser, Jr. “Zero Defections: Quality Comes to Services.” Harvard Business Review , September-October, 1990, 105-111.
- Gupta, Sunil, and Donald R. Lehmann. “Customers As Assets.” Journal of Interactive Marketing 17, no. 1 (2003): 9-24.
- Chernev, Alexander. “Segmentation and Targeting Analysis.” In Strategic Marketing Management . Brightstar Media, Inc., 2009. ISBN: 9780982512647.
- ———. “Value Proposition and Positioning.” In Strategic Marketing Management . Brightstar Media, Inc., 2009. ISBN: 9780982512647.
- Szegedy-Maszak, Marianne. “The Worst of All Bets.” US News and World Report , May 15, 2005.
- Griffiths, Mark. “Betting Your Life on It.” British Medical Journal 329 (2004): 1055-56.
- Holden, Constance. “Behavioral Addictions Debut in Proposed DSM-V.” Science 327, no. 5968 (2010): 935.
- Mizik, Natalie, and Robert Jacobson. “Talk About Brand Strategy.” Harvard Business Review Magazine , October 2005.
- Keller, K. L., and Lehmann, D. R. “How Do Brands Create Value?” Marketing Management 12 (2003): 26-31.
- Iansiti, Marco, Thomas J. Kosnik, and Ellen Stein. “Product Development: A Customer-Driven Approach.” Harvard Business School Note. Harvard Business School Publishing. November 9, 1994.
- Boulding, Willian, and Markus Christen. “First-Mover Disadvantage.” Harvard Business Review Magazine , October 2001.
- Ortmeyer, Gwendolyn K. “Ethical Issues in Pricing.” Chapter 5.1 in Ethics in Marketing . By N. Craig Smith and John A. Quelch. Irwin, 1992. ISBN: 9780256108941.
- Simon, Hermann. “Pricing Opportunities — And How to Exploit Them.” Sloan Management Review 33 (1992): 55-65.
- Purohit, Debu. “Aligning Incentives in Marketing Channels.” Duke University Teaching Note, 2001.
- Mizik, Natalie, and Robert L. Jacobson. “The Cost of Myopic Management.” Harvard Business Review Magazine , July-August 2007.
- ———. “Myopic Marketing Management: Evidence of the Phenomenon and Its Long-Term Performance Consequences in the SEO Context.” Marketing Science 26, no. 3 (2007): 361-379.
Fall 2004
Topics
- Lecture: Introduction
- Lecture: The Customer Decision Process
- Case Study: Vicks
- Lecture: Marketing Strategy 1
- Lecture: Marketing Strategy 2
- Case Study: Vestron
- Case Study: Barco
- Lecture: New Product Development
- Case Study: Optical Distortion
- Lecture: Pricing
- Case Study: Tweeter etc.
- Lecture: Management of Marketing Channels 1
- Case Study: Boston Whaler
- Lecture: Management of Marketing Channels 2
- Case Study: Michael Bregman
- Lecture: Advertising
- Lecture: Advertising at Nike
- Lecture: Conclusion
Readings
- Hibbard, Jonathan D., Julie Yao, and John A. Quelch. “Vestron.” Boston, MA: Harvard Business School, 1990. Case No. 9-590-002.
- Willilams, Jeffrey R. “Vicks Health Care Division, Project Scorpio (A).” Boston, MA: Harvard Business School, 1981. Case No. 9-582-039.
- McQuade, Krista, and Rowland T. Moriarty. “Barco Protection Systems (A).” Boston, MA: Harvard Business School, 1991. Case No. 9-591-133.
- “Optical Distortion, Inc. (A).” Boston, MA: Harvard Business School, 1975. Case No. 575-072.
- Gourville, John, George Wu, and James Evans. “Tweeter etc.” Boston, MA: Harvard Business School, 1996, 1997. Case No. 9-597-028.
- Kane, Margaret L., and Thomas V. Bonoma. “Boston Whaler, Incorporated: Managing the Dealer Network.” Boston, MA: Harvard Business School, 1983. Case No. 9-584-036.
- Von Werssowetz, Richard O., and Howard H. Stevenson. “Michael Bregman.” Boston, MA: Harvard Business School, 1983. Case No. 9-383-107.
- Shapiro, Roy D., and Bruce Isaacson. “Bose Corporation: The JIT II Program (B).” Boston, MA: Harvard Business School, 1994. Case No. 9-694-002.
- ———. “Bose Corporation: The JIT II Program (D).” Boston, MA: Harvard Business School, 1994. Case No. 9-694-004.
- Thaler, R. “Mental Accounting and Consumer Choice.” Marketing Science 4 (1985): 199-214.
- Simonson, I. “Get Closer To Your Customers By Understanding How They Make Choices.” California Management Review 35, no. 4 (Summer 1993).
- Simester, D., and Drazen Prelec. “Always Leave Home Without It: A Further Investigation of the Credit Card Effect on Willingness to Pay.” Marketing Letters 12, no. 1: 5-12.
- Collins, D., and Cynthia A. Montgomery. Competing on Resources: Strategy in the 1990s . Cambridge, MA: Harvard Business School Press, 1995.
- Staff. “Barnes and Noble, Ingram Deal Under Scrutiny.” New York Times , Jan 1, 1999.
- Staff. “Republic Industries, Toyota Settle Dispute over Dealerships.” The Wall Street Journal, Jan 2, 1997.
- Saunders, P. “The Growth Machine.” In Capitalism . Minneapolis, MN: University of Minnesota Press, 1995, pp. 1-12. ISBN: 0816627983.
- “Jager’s Gamble.” Economist 37, no. 3 (Oct 9, 1999).
- Staff. “Know Thyself.” Economist 76, no. 76 (1999).
- Anderson, E., and Duncan Simester. “Mind Your Pricing Cues.” Harvard Business Review 81, no. 9 (Sep 2003).
- ———. “Are Sale Signs Less Effective When More Products Have Them?” Marketing Science 20, no. 2 (2001): 121-142.
- ———. “Effects of $9 Price Endings on Retail Sales: Evidence from Field Experiments.” Quantitative Marketing and Economics 1, no. 1 (2003): 93-110.
- ———. “Price Discrimination as a Signal: Why an Offer to Spread Payments May Hurt Demand.” Marketing Science 20, no. 3 (2001): 315-327.
- Milgrom, P., and John Roberts. “Economic Organization and Efficiency.” Chapter 2 in Economics, Organization, and Management . Newark, NJ: Prentice Hall, 1992. ISBN: 9780132246507.
- Gladwell. “Village People.” The Guardian , Jan 2, 2001.
- Staff. “Categorical Imperatives.” Economist , Jan 2, 1997.
- Simester, D., and Marc Knez. “Direct and Indirect Bargaining Costs and the Scope of the Firm.” Journal of Business 75, no. 2 (2002): 283-304.
- Ogilvy, D. “How to Produce Advertising That Sells.” Ogilvy on Advertising . New York, NY: Vintage Press, 1985. ISBN: 039472903X.
- Elliott, Stuart. “Snuggle Gets An Image Makeover.” New York Times , Jan 1, 2003.
- Trillin, Calvin. “The Red And The White.” New Yorker Magazine, Aug 19, 2002, p. 145.
Sources
- Course catalogue ↗Historical OpenCourseWare
- MIT OpenCourseWare ↗Fall 2015
- MIT OCW readings ↗
- MIT OCW syllabus ↗
- MIT OCW calendar ↗
- MIT OCW readings ↗
- MIT OCW calendar ↗
- MIT OCW syllabus ↗
- MIT OpenCourseWare ↗Fall 2004
- MIT OCW readings ↗
- MIT OCW calendar ↗
- MIT OCW syllabus ↗
- Historical MIT OpenCourseWare offering. Named reading entries and schedule topics are automatically extracted from the linked source pages.
- Historical MIT OpenCourseWare offering. Named reading entries and schedule topics are automatically extracted from the linked source pages.
- Historical MIT OpenCourseWare offering. Named reading entries and schedule topics are automatically extracted from the linked source pages.