Gwybodaeth Modiwlau

Module Identifier
BMM3705
Module Title
Marketing Planning
Academic Year
2024/2025
Co-ordinator
Semester
Distance Learning
Exclusive (Any Acad Year)
Nil
Reading List
Other Staff

Course Delivery

 

Assessment

Assessment Type Assessment length / details Proportion
Semester Assessment Report  Report on Marketing Planning 1500 Words  100%
Supplementary Assessment Report  Report on Marketing Planning 1500 Words  100%

Learning Outcomes

On successful completion of this module students should be able to:

Articulate and critically evaluate the importance of marketing planning and its application in marketing today.

Critically analyse different aspects of marketing planning

Critically evaluate and demonstrate knowledge of the roles of various frameworks in developing marketing strategies.

Brief description

The marketing planning process is a systematic approach for developing marketing goals, strategy, and implementation tactics. This module develops an understanding of the manner in which marketing planning takes place through the integration of various frameworks and real-life application

Aims

The aims of this module are:

1. Articulate and critically evaluate the importance of marketing planning and its application in marketing today.

2. Critically analyse different aspects of marketing planning

3. Demonstrate knowledge of the roles of various frameworks in developing marketing strategies.

Content

• Critically analyse the principles of Marketing Planning, and evaluate the benefits of an effective plan.

• To analyse and develop key marketing planning tools such as the SOSTAC framework and compare and contrast with other planning methods

• Critically analyse current environments – internal and external and how they impact on the Marketing Planning process

• Internal analysis will include McKinsey 7’s, BCG, Marketing Mix, Stakeholder Analysis

• External Environment analysis will include SWOT/TOWS, Porters Five Forces, STP, PESTLE

• Use of SMART objectives as part of situation analysis

• Strategic options: Ansoff’s Matrix, Porter’s Generic Strategies

• Key Performance Indicator (KPI)

Module Skills

Skills Type Skills details
Creative Problem Solving Students will gain problem solving skills as part of their coursework assessment and classroom exercises.
Critical and analytical thinking The coursework will need a certain amount of market research which the student will undertake, gaining key research skills
Digital capability Students will be expected to make appropriate use of word processing and presentational software in their coursework. Also they should make use of blackboard and on-line research.
Professional communication The presentation will give the student verbal as well as presentation communication skills whereas the coursework will give valuable business oriented communication skills
Subject Specific Skills A deeper understanding and the ability to critically evaluate marketing plans which is a major part of business today.

Notes

This module is at CQFW Level 7