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Subject Code                   Subject Name (Theory course)                 Category   L  T  P  C
                 BA19P04                   Product And Brand Management                       FE      3  0  0  3
               Objectives:To help students understand the fundamentals of Product and Brand Management and make participants
               understand competition at product level as well as brand level.
               The course is designed broadly to:
                  To familiarize the students with product management decision-making and product strategy.
                 To comprehend and analyse product decisions in terms of new product idea generation and screening, product use
                   testing, packaging, test-marketing, pre-launch and launch management.
                 To introduce students to the strategic brand management concepts like brand awareness, brand knowledge, brand
                   identity, brand personality and brand associations.
                 To promote understanding of brand communications and brand extensions.
                 To discuss and impart skills inbuilding and measuring brand performance and consumer-based brand equity using
                   tactical branding decisions.

               UNIT-I     Introduction to Product Management: Introduction to product concepts-Levels of product-  9
                          Product hierarchy-Product classifications-Product portfolio-Product decisions-Marketing
                          strategies for different stages in PLC.

               UNIT-II    New  Product  Development  Process:  Idea  generation  and  Screening-Concept  Development-  9
                          Product  Development-Differentiation  and  positioning  decisions-Concept  testing-Product-use
                          testing-Packaging-Test Marketing and alternative methodologies-Product pre-launch and launch
                          management-Commercialisation.

               UNIT-III   Strategic  Brand  Management:  Definition of a Brand – The concept of Brand Equity and its  9
                          elements  - brand awareness,  brand image, brand  knowledge, brand identity, brand personality,
                          brand associations.

               UNIT-IV    Brand  Communication  and  Brand  Extension:  Brand  loyalty  programs  –  Brand  promotion  9
                          Methods  –  Role  of  Brand  ambassadors  and  celebrities  –  On  line  Brand  promotions-Brand
                          positioning- Brand extension – Re-branding and re-launching.

               UNIT-V     Measuring Brand Performance and Brand Equity: ROMI-Conducting brand audits-Designing  9
                          brand  tracking  studies-Establishing  a  brand  equity  management  system-Developing  a  brand
                          architecture strategy.

                                                                                   Total Contact Hours   :   45
               Course Outcomes:Upon successful completion of the course, the students should be able to:
                   Effectively utilise their knowledge on concepts related to Product Management and Brand Management
                
                   which are highly inter-related in a product-marketing process.
                   Apply  their  knowledge  related  to  Product  Management  concepts  product  portfolio,  product  lifecycle
                
                   and new product development in work settings.
                   Critically analyse various concepts on brand equity and its elements like brand image, brand identity,
                
                   brand personality and brand associations.
                   Evaluate  techniques  in  brand  communication  and  brand  promotion  strategies,  brand  positioning  and
                
                   brand extension strategies.
                   Develop  analytical  skills  and  decision-making  based  on  concepts  related  to  measuring  brand
                
                   performance and brand equity.

               Text Book (s):
                1   Product Strategy and Management, Michael Baker and Susan Hart, Pearson Education, Second Edition.
                   Strategic Brand Management, Kevin Lane Keller, M.G. Rameswaram and Isaac Jacob, Pearson Education, Third
                2
                   Edition.
               Reference Books(s) / Web links:
                1   Product Management, Donald R. Lehmann and Russell S. Winer, Fourth Edition, TMH.
                2   Innovation Management and New Product Development, Paul Trott, Fourth Edition, Pearson.
                3   Strategic Brand Management, Kapferer, J.-N. (1997). London: Kogan Page Limited.





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