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Detailed information about the module
Module title:
Brand Management - Building strong Product and Service Brands
Module title (english):
Brand Management - Building strong Product and Service Brands
Module number:
82-021-MD21-H-0507
Level:
Bachelor (UNI)
Course of study:
Type:
Modul
Organising faculty/Language Center:
Wirtschaftswissenschaftliche Fakultät
Instructors responsible:
Matta, Shashi
Examiners:
Credit points (ECTS):
5
competencies/skills
:
This course is designed with a focus on brand management strategies to build strong product and service brands. The objectives of this course are to:
Understand key Branding concepts based on Marketing fundamentals
Learn Segmentation and Targeting based on Marketing Research and Consumer Psychology
Understand Positioning Strategy and Learn to Develop Positioning Strategies for Brands
Learn about Repositioning Strategies
Understand and Learn to Develop Brand DNA
Learn the differences in Product and Service Branding
Understand the concept of Brand Equity and the challenges in building and measuring Brand Equity.
Provide the theoretical foundation and a set of managerial tools to create, sustain, and continuously enhance a Product or Service Brand
Besides technical skills in the function of Brand Management students gain soft skills such as teamwork and communication. Additionally, students enhance their analytical skills with rigorous discussions of published and real-life case studies in class. They learn how to analyze, discuss and to critically question industry practices and brand management functions. Since the lecture and tutorials are held in English, students will have an opportunity to enhance their English language skills.
course content/topics
:
Part I: Branding Basics and Definitions
What is a Brand?
Origins and contemporary meaning of Brands
Part II: Marketing Frameworks that Guide Brand Management
The basic premise of “Value”
Targeting and Segmentation
Part III: Positioning Strategy
Elements of Positioning Strategy; Writing Positioning Statements
When and How to Reposition Brands
Part IV: Brand DNA
Elements of the Brand Pyramid
Differences between Product and Service Brands
Part V: Brand Equity
Defining Brand Equity from Different Perspectives
Models of Measuring Brand Equity
Part VI: The Brand Management Function in Organizations
A Brand Manager’s Role and Tasks
Challenges that face Brand Managers Today
formal requirements of admission
:
recommended qualifications
:
Recommended: Lecture “Principles of Marketing Management”
Lehr- und Lernformen/Lehrveranstaltungstypen:
requirements for the attainment of ECTS points
:
Reflection Paper 25%
Students are required to work in teams of two for this assignment. Each student pair is required to discuss the learnings from this course and develop a reflection paper with all key learning. They are also expected to apply these learnings by proving examples from the German marketplace for each concept in the reflection paper. Page limit and formatting: 4 pages, single-spaced, Times New Roman 12; figures and tables can take up an extra 3 pages.
Team Case Analysis Assignment 35%
Students are required to form teams (minimum 4 students, maximum 5 students) for the team case analysis. Each team is required to write an analysis for one comprehensive business case that will be announced and distributed in a tutorial session, along with case analysis questions. Page limit and formatting: 7 pages, single-spaced, Times New Roman 12; figures and tables can take up an extra 3 pages.
Final Exam 40%
The final exam will be based on all the material discussed in the lectures and in the tutorials. It will be a two-hour (120 minutes), in-class exam.
workload/distribution of ECTS points within the module
:
28 h = Time of attendance: Lectures
28 h = Time of attendance: Tutorials
28 h = Self-study pre-and-post Lectures
28 h = Self-study pre-and-post Tutorials
38 h = Assignments and Exam preparation
150 h = Total workload
calculation of module marks
:
There are three graded deliverables for this class – a Reflection Paper (25%), a Team Case Analysis Assignment (35%) and a Final Exam (40%).
teaching/learning method
:
- Lecture
- Tutorial (including published and real-life case studies and live exercises)
compatibility with other courses of study
:
Turnus des Angebots:
WS
Beteiligte Fachgebiete:
Bemerkung: