Close

DM-MB19
MBA-BM 2019-21: Term-V

Course Name: Digital Marketing


Credits Three
Faculty Name Prof Plavini Punyatoya
Program MBA-BM
Academic Year and Term 2020-21, Term V

* VF/Practitioner guest faculty: Certain sessions will be handled by VF or Practitioner guest faculty to provide students more practical insights in the domain.

1. Course Description

“You can’t just ask customers what they want and then try to give that to them. By the time you get it build, they’ll want something new.”
(Steve Jobs)
The world is filled with new and emerging technologies that continue to affect the way marketing is practised today. This emerging technology has brought fundamental transformation to the marketing industry. Consumers and businesses are increasingly shifting their attention from traditional marketing media to the digital media. Today, companies must connect with customers and other businesses through digital channels and adjust their marketing mix in order to succeed. Research indicates that digital marketing budgets are increasing dramatically, and digital media campaigns are becoming a pivotal part of effective marketing plans. This course addresses the need of executives to get acquainted with the important concepts and applications of digital marketing. The course would help the participants to understand the relevance of digital marketing in business decision making. As rightly said by David Siteman Garland, host of the ‘Rise to the Top’: ‘When you break all the fluff, there are two ways to promote and market you business: dumber, slower, and expensive-or smarter, faster, and cheaper.’

Course Objectives are:

· To sensitize the participants about the role of digital marketing in business and its relevance
· To provide in-depth knowledge on digital and social media marketing
· To understand how a marketer can plan, implement and measure a digital marketing strategy to create awareness, generate leads and drive sales
· To understand the integration of digital marketing initiatives with overall marketing plan
· To understand better ways to optimize digital spending and get the right return out of it



Pedagogy:

The course instructor will use mixed method pedagogy to teach in an effective way. Sessions will comprise of interactive classroom lectures, classroom exercises, quizzes, participant presentations and discussion, presentations by experts from academia/industry, and most importantly case study discussion. The instructor will use various case studies to make students understand how to deal with real-life marketing problems and how to use the digital marketing concepts to handle a difficult situation. Project work will constitute an important element of the learning pedagogy. The course will be very experiential, interactive, and crucial in nature for the participants.

2. Student Learning Outcomes

By the end of this course, participants should:

· Be able to understand the importance of digital marketing in the current era
· Become conversant with digital consumers behaviour
· Be able to understand how can a firm market its offering in the digital era
· Be able to understand how can a firm optimally combine digital and traditional marketing techniques to target consumers
· Be able to make effective decisions regarding digital and social media marketing across multiple channels
· Be able to create effective digital marketing strategies
By taking this course, the participants will obtain the necessary knowledge to help them keep pace with and stay ahead of the changing digital ecosystem.

3. Required Text Books and Reading Material

There is no particular prescribed text book. Reading materials for each session will be given to students. Some are mentioned in the outline. Additional reading materials will be provided.

Some Reference books are:

· Kotler, P., Kartajaya, H. and Setiawan, I. Marketing 4.0: Moving from Traditional to Digital, Wiley.
· Gay, R., Charlesworth, A. and Esen, R.. Online Marketing, Oxford University Press.
· Roberts, M. L. and Zahay, D. Internet Marketing: Integrating online and offline strategies, Cengage Learning.
· Wertime, K. and Fenwick, I. DigiMarketing: The Essential Guide to New Media and Digital Marketing, Wiley.
· Charlesworth, A. Internet Marketing: A Practical Approach, Butterworth-Heinemann.
· Miller, M. B2B Digital Marketing: Using the Web to Market Directly to Businesses, Pearson Education.
· Ryan, D. Understanding Digital Marketing: Marketing Strategies for Engaging the Digital Generation, Kogan Page.
· Tuten, T.L. and Solomon, M.R. Social Media Marketing, Sage Publications.
· Additional handouts/case studies will be provided during the course.

4. Tentative Session Plan
Session No.
TOPIC
Readings and Cases**
1Introduction to Digital Marketing (DM)
    Objectives: To learn
    -From traditional to digital marketing
    -DM strategies, applications and benefits
    -Different digital marketing channels
    -DM business models
    R*: The changing face of marketing, Strategic Direction.
    2Branding using digital medium
      Objectives: To discuss
      -Interactive brand building
      -Brand value creation via internet
      -Creating differentiation through DM
      R: Branding in the digital age: You’re spending your money in all the wrong places, HBR.
      3-4Understanding digital customer behaviour
        Objectives: To understand
        -Attributes of online buying behaviour
        -Online target marketing and customer acquisition
        -Influence of The Web experience
        -Customer Centricity through DM
        -Virtual communities
        R: How to acquire customers on the web, HBR.
          R: The Power of Consumer Stories in Digital Marketing, MIT Sloan Management Review
            C*: Building a political brand
            5-6Search Engine Marketing
              Objectives: To learn
              -Search Engine Optimization
              -Pay per click
              -On-Page & Off-Page Optimization
              -Introduction to AdWords
              -Advanced AdWords
              -Keywords Analysis
              -Keywords Research
              -Google AdWords Strategies
              -Best Practices and Challenges in SEM
              R: Branding in the Age of Social Media, HBR
              7Advertisement in digital world
                Objectives: To discuss
                -Digital display advertising
                -Impact of digital channels on integrated marketing communication
                -New ways of promotion
                -Leveraging the media mix
                -Different types of online ads
                -Google Adwords vs TV ads
                -Remarketing
                R: The new science of viral ads, HBR.
                8-9Social Media marketing (SMM)
                  Objectives: To learn
                  -SMM for brand awareness creation
                  -Social Networks, Blogging, Viral marketing
                  -Increasing website traffic using social media(SM)
                  -Online PR using social media
                  -User generated content (UGC)
                  -Social Media Listening and analysis
                  -Facebook Ads; LinkedIn and Instagram Ad
                  -Social commerce
                  -SMM Metrics
                  -Influencer Marketing
                  -Youtube and Viral Marketing
                  R: An evolutionary roadmap to winning
                  with social media marketing, Marketing Research.
                  C: Starbucks
                  10-11Direct Marketing
                  -Permission Marketing and its levels
                  -Email Marketing
                  Mobile Marketing
                  -Agility through Mobile Channel
                  -Mobile marketing campaigns
                  -Mobile Ads and Apps
                  R: Email’s social evolution, Marketing.
                  C: Sephora
                  12Content Marketing

                  Objectives: To learn
                  -Content Strategy
                  -Inbound marketing
                  -Viral content creation
                  -Community based campaign
                  R: Your Content Marketing Strategy Doesn't Have to Be Complicated, Harvard Business Review Digital Article
                  13-14Digital Marketing: Strategy and Planning
                    Objectives: To understand
                    -DM assessment and strategy formulation
                    -Digitally integrated marketing plans
                    -Planning and budgeting
                    -Deciding channel mix
                    - Value proposition
                    Case Discussion
                    Article will be provided
                    15Digital marketing Mix : Product, price, and place
                      Objectives: To learn
                      -Digital product
                      -Pricing issue
                      -Distribution on digital channels
                      R: A Dashboard for Online Pricing, California Management Review.
                        R: Forget viral marketing-make the product
                        itself viral, HBR
                        16Online marketing research
                          Objectives: To learn
                          -Monitoring digital campaign
                          -Online metrics
                          -A/B Testing
                          -Forecasting
                          Class-room Presentation
                          Article will be provided
                          17Digital Marketing: Measurement and Execution
                            Objectives: To learn
                            -Web development and Web traffic analysis
                            -Google analytics
                            -Conversion rate and its implication
                            -Analyse the campaign effectively for greater ROI
                            -Digital revenue generation models
                            R: The One Thing you must get right when building a brand, HBR.
                            18Digital Marketing legal and ethical issues
                              Objectives: To learn
                              -Data Protection; Privacy & Security policies
                              -Protection of Intellectual Property in digital age
                              -Electronic Information and Confidentiality
                              -Security, privacy, ethical and social challenges
                              C: Napster
                              18The Future of Digital Marketing
                                Objectives: To discuss
                                -Future innovations in the digital platform and its impact on marketing
                                -DM global landscape
                                -Emerging trends and concepts
                                R: The Future of Shopping, HBR.
                                19-20Course Wrap-up
                                Project Presentation and Submission
                                *Note: R = reading, C =case, HBR= Harvard Business Review
                                **Note: Different articles, readings, and digital articles/readings will be provided as the course progresses. If the course will be in classroom-mode, students will receive hardcopy of reading materials. It the course will be in online-mode, digital readings will replace the hardcopies and accordingly the instructor will change the readings/articles.

                                5. Evaluation


                                ComponentsWeightage (in %)
                                Class Participation and Case Discussion 15
                                Quiz15
                                Group Project Submission and Presentation30
                                End-Term Exam40
                                Total100

                                Quiz:

                                One announced quiz will be conducted in the course.

                                Group Project Submission and Presentation:

                                To get a first-hand feel of the discipline of Digital Marketing, a project work is required to be done by the participants.

                                The Project: Develop an understanding of the digital marketing activities for any brand from FMCG/Semi durable/durable product category or service category and understand how this brand(s) are functioning in the virtual market. Explain about the integration of DM strategies with traditional marketing strategies. Compare the DM activities of the chosen brand to digital marketing strategies of two of its competing brands. In the second part of the project, participants also need to develop a proposed marketing planning, promotion and distribution for a new product or service to be introduced by the firm (hypothetical) and how digital platform can be used to market the product.

                                Presentation: A presentation will be made in class by participants on Session 19 & 20. An audio-visual presentation is preferred.

                                Submissions: Participants need to submit soft copy of the project work on the day of session 19, on or before 8.30 AM. Names of participants need to be mentioned over the document. No extension will be granted on the deadline. The written document should not exceed 20 A-4 typed pages, 12 pt font size and 1.5 spacing including annexure. Participants need to mention all the references properly.

                                End Term:

                                All the topics covered in the course will be part of the end term.

                                6. Academic Integrity

                                Participants are expected to read the recommended readings before joining class. It is expected that the participants will actively participate in class discussions. You are expected to maintain discipline and not indulge in any disruptive activities during the sessions. Participants involved in academic dishonesty will receive a zero mark on the particular component in which the violation occurred. Focus is on authenticity. Kindly refer to manual of policy for code of conduct.

                                Created By: Alora Kar on 08/18/2020 at 03:13 PM
                                Category: BM 19-21 T-V Doctype: Document

                                ...........................