This lecture explains the general information about the course, the basics of Marketing, Strategic Marketing, and recapitulates basic Marketing principles.
Lecture 1 - Introduction to Strategic Marketing
What does
marketing mean for you?
Do
you know what is the difference between tangible goods and intagible services?
What are the trends in macro
environment in your home
country?
Apply your knowledge of Strategic Marketing on Twigs Ltd., which manufactures wooden chairs in 5 different variants. The company is new, regional, 3rd year on the market. It is growing by 30 % every year. Has 5 employees already. Create for them: vision, mission, suggest what analysis should be done and why, set strategic objectives, what strategy to choose and why, set marketing mix.
Task is with teacher supervision (meaning I will be constantly checking on you working in class and will be available in Teams to guide you through the process).
20 minutes for the task, 10 minutes discussion.