Description
Big Picture Basics is structured as a series of modules that can be viewed sequentially as a whole or independently by topic area. Each of the Basics course modules address important marketing strategy questions as shown below:
Module 1: Introduction
What is Marketing? What are the major principles that underpin the Big Picture approach to marketing strategy? How is the course organized?
Module 2: Brand Objective
What is a brand? Why is brand architecture a strategic decision? Why should we use brands as units of analysis when conducting planning work? What is a core competence and why is it important to develop a shared understanding of its role in driving brand equity? Why does your brand need a purpose?
Module 3: Strategy - Customer Focus
Who are customers of our brand? Why is it important to define these customers? Why do we say that customers are strategic assets of the commercial organization? Should your brand grow primarily by acquiring or retaining customers?
Module 4: Strategy - Category Focus
What is your brand's business category? Why is it important to define the category? What role should your brand play in the business category given your growth objectives?
Module 5: Value Proposition
What is a value proposition? What are the six (or five) elements of a value proposition? What tools should we use to understand customer value? How do we write effective value proposition statements?
Module 6: Execution
How should we approach execution given our strategy? How do we execute to create a customer brand experience aligned to our brand’s value proposition?
Objectives
- Explain what marketing is
- Describe the marketing process and language
- Define key marketing concepts including brand, core competence, customer, business category, segmentation (including types) and executional elements
- Enumerate the main outputs generated by the marketing function and the primary inputs required for marketing’s role to bring value to the rest of the organization
- Understand how the marketing function interacts with the other functions in the firm: Sales, Finance, HR, Operations, and R&D
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