This course will enable the students a deep understanding of global marketing, international market entry strategies, and leveraging global trends to drive sustainable business growth in diverse markets worldwide.
Course |
Learning outcome (at course level) |
Learning and teaching strategies |
Assessment Strategies |
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Course Code |
Course Title |
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24MBM421 |
Global Marketing (Theory) |
CO803: Examine the dynamic Landscape of global marketing. CO804: Analyze the global market to formulate effective international marketing strategies. CO805: Appraise the global market opportunities, and Strategically selecting foreign market entry strategies tailored to specific regions. CO806: Examine global product strategy and addressing product levels,. CO807: Evaluate global distribution and promotion strategies to enhance market reach. CO808:Contribute effectively in course-specific interaction |
Approach in teaching: Interactive Lectures, Group Discussion, Tutorials, Case Study Learning activities for the students: Self-learning assignments, presentations |
Class test, Semester end examinations, Quiz, Assignments, Presentation |
Introduction to globalization and marketing across borders: Introduction to globalization and marketing across borders global trade and marketing; Drivers of globalization; Multinational corporations; Dynamic environment of international trade; Trade theories.
Global market environment; political environment, political systems, dumping; legal environment; tariff barriers multiplicity of legal environments; political risk; culture dynamics and influence on marketing mix; and consumer behavior and social dimensions.
Assessing global market opportunities; global marketing research; Quantitative and qualitative research; Problems in gathering data; Data reliability; Marketing information system; Foreign market entry strategies; Market regions
Global Product strategy: levels, lifecycle management, brand strategy, international branding strategy, brand levels and alternatives, new product development for global markets; Product and culture; International pricing: pricing strategies, psychological pricing, pricing models, non-price factors, strategy for price leadership.
Distribution in global marketing: distribution pattern, alternative middlemen choices, factors affecting choice of channels; Export logistics; Global promotion: designing and selecting sales force, global advertising, creative challenges, advertising appeals, message strategy and advertising effectiveness
*Case studies related to entire topics are to be taught.
1.Green, M.C. & Keegan, W.J. (2020). Global Marketing, 10th Edition, Pearson.
2.Philip, C.R. & John, G.L. (2019). International Marketing, McGraw Hill; 18th edition
3.Cateora R Philip, Mary C. Gilly & Graham L John: International Marketing, McGraw Hill; 15th edition; 2017
4.Francis Cherunialm, International marketing, Himalaya Publishing House, Fifteenth Edition 2016.
Rakesh Mohan Joshi: International Marketing, Oxford University Press; Second Edition 2014
Suggested readings: 1.R. Srinivasan, International Marketing, PHI Learning Pvt. Ltd., Delhi, Fourth Edition 2016.
2.Warren J. Keegan, Mark C. Green: Global Marketing Management, Pearson Education; 2014.
3.Albaum: International Marketing and Export Management, Pearson Education India; Seventh edition (2012).
4.Justin Paul: Export Import Management Oxford;Second edition, 2013
E resources
1.Inflibnet Shodhganga, www.shodhganga.inflibnet.ac.in
2.NPTEL Local Guru content
Journals
1.EBSCO-BSE
2.Capitaline