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    University of Illinois Urbana-Champaign
    Developing a Marketing Mix for Growth
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    1. Browse
    2. Business
    3. Marketing
    University of Illinois Urbana-Champaign

    Developing a Marketing Mix for Growth

    This course is part of Value Chain Management Specialization

    Hayden Noel

    Instructor: Hayden Noel

    34,023 already enrolled

    Included with Coursera Plus

    •Learn more
    5 modules
    Gain insight into a topic and learn the fundamentals.
    4.8

    94%

    (725 reviews)

    Beginner level
    No prior experience required
    Flexible schedule
    Approx. 13 hours
    Learn at your own pace
    Earn a Certificate
    With paid plans

    5 modules
    Gain insight into a topic and learn the fundamentals.
    4.8

    94%

    (725 reviews)

    Beginner level
    No prior experience required
    Flexible schedule
    Approx. 13 hours
    Learn at your own pace
    Earn a Certificate
    With paid plans
    • About
    • Outcomes
    • Modules
    • Testimonials
    • Reviews
    • Recommendations

    What you'll learn

    • List all elements of the Marketing Mix and explain the role each element plays in creating value.

    • Evaluate the use of different Channels of Distribution by existing businesses.

    • Critique Advertising execution and create a persuasive Advertising piece.

    • Develop a Marketing Plan proposal.

    Skills you'll gain

    • Marketing
    • Advertising
    • Brand Strategy
    • Value Propositions
    • Marketing Effectiveness
    • Consumer Behaviour
    • Marketing Communications
    • Product Strategy
    • Marketing Channel
    • Product Management
    • Product Lifecycle Management
    • Integrated Marketing Communications
    • Marketing Strategies
    • Market Analysis
    • Strategic Marketing

    Details to know

    Shareable certificate

    Add to your LinkedIn profile

    Assessments

    23 assignments

    Taught in English
    Build towards a degree
    Learn more

    See how employees at top companies are mastering in-demand skills

    Learn more about Coursera for Business
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    Build your subject-matter expertise

    This course is part of the Value Chain Management Specialization
    When you enroll in this course, you'll also be enrolled in this Specialization.
    • Learn new concepts from industry experts
    • Gain a foundational understanding of a subject or tool
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    There are 5 modules in this course

    In this course, you will further examine how businesses create value for customers. In Developing a Winning Marketing Strategy, you learned the major elements of the marketing mix - product policy, channels of distribution, communication, and pricing - and saw how they fit within different analytical frameworks that are useful to managers. In this course, you will complete a more detailed analysis of these elements in order to conduct a thorough strategic analysis of marketing opportunities and to communicate marketing decisions. This will enable you to see “marketing in action” in the business world.

    You will be able to: • Define all elements of the marketing mix and explain the role each element plays in creating value • Compare different pricing models • Evaluate the use of different channels of distribution by existing businesses • Critique advertising execution • Create a persuasive advertising piece This course is part of Gies College of Business’ suite of online programs, including the iMBA and iMSM. Learn more about admission into these programs and explore how your Coursera work can be leveraged if accepted into a degree program at https://degrees.giesbusiness.illinois.edu/idegrees/.

    You will become familiar with the course, your classmates, and our learning environment. The orientation will also help you obtain the technical skills required for the course.

    What's included

    4 videos6 readings1 assignment1 discussion prompt1 plugin

    4 videos•Total 11 minutes
    • Developing a Marketing Mix for Growth•2 minutes•Preview module
    • Meet Professor Hayden Noel•1 minute
    • Using the Marketing Mix to Create Value•5 minutes
    • The Impact of the Gies Community•2 minutes
    6 readings•Total 70 minutes
    • Syllabus•10 minutes
    • About the Discussion Forums•10 minutes
    • Glossary•20 minutes
    • Brand Descriptions•10 minutes
    • Online Education at Gies College of Business•10 minutes
    • Updating Your Proflie•10 minutes
    1 assignment•Total 30 minutes
    • Orientation Quiz•30 minutes
    1 discussion prompt•Total 10 minutes
    • Getting to Know Your Classmates•10 minutes
    1 plugin•Total 15 minutes
    • Welcome! Please Tell Us About Yourself•15 minutes

    Behind every successful brand is a strong product and effective product strategy. Products can be of different types and have different levels. Companies must make appropriate decisions regarding the product mix. This module will provide you with insights into all of these concepts and also introduce the different stages of the product life cycle.

    What's included

    9 videos2 readings8 assignments

    9 videos•Total 50 minutes
    • What is Product?•4 minutes•Preview module
    • What is Service?•6 minutes
    • The Services Marketing Triangle•3 minutes
    • How the Product Delivers Value•3 minutes
    • Five Product Levels•7 minutes
    • Product Classifications•6 minutes
    • The Product Life Cycle•2 minutes
    • Business-to-Business (B2B) Marketing•7 minutes
    • Professor Noel's Board Walk: Product Mix Decisions•8 minutes
    2 readings•Total 20 minutes
    • Module 1 Overview•10 minutes
    • Module 1 Readings•10 minutes
    8 assignments•Total 37 minutes
    • Module 1 Quiz•30 minutes
    • Practice Quiz Lesson 1.1•1 minute
    • Practice Quiz Lesson 1.2•1 minute
    • Practice Quiz 1.3•1 minute
    • Practice Quiz Lesson 1.4•1 minute
    • Practice Quiz Lesson 1.5•1 minute
    • Practice Quiz Lesson 1.6•1 minute
    • Practice Quiz Lesson 1.7•1 minute

    In this module, you will learn what is meant by the term distribution and its importance for companies. We will explore the different channel strategies and channel decisions that marketers need to make based on the product or service they are offering.

    What's included

    7 videos2 readings8 assignments

    7 videos•Total 74 minutes
    • What is a Distribution Channel?•8 minutes•Preview module
    • Lesson 2-2: How Channel Members Add Value?•7 minutes
    • Channel Design•14 minutes
    • Channel Management•9 minutes
    • Disintermediation•11 minutes
    • Disintermediation in Action•15 minutes
    • Professor Noel's Board Walk: Zara Supply Chain (Distribution Channel)•7 minutes
    2 readings•Total 20 minutes
    • Module 2 Overview•10 minutes
    • Module 2 Readings•10 minutes
    8 assignments•Total 37 minutes
    • Module 2 Quiz•30 minutes
    • Practice Quiz 2.1•1 minute
    • Practice Quiz Lesson 2.2•1 minute
    • Practice Quiz Lesson 2.3•1 minute
    • Practice Quiz Lesson 2.4•1 minute
    • Practice Quiz Lesson 2.5•1 minute
    • Practice Quiz Lesson 2.6•1 minute
    • Practice Quiz Professor Noel's Board Walk•1 minute

    An important element of the 4 Ps is Pricing. While all the other Ps focus on creating value, pricing helps companies to extract the value created. In this module, you will learn about pricing in marketing and the different considerations and steps involved in the pricing process.

    What's included

    6 videos2 readings5 assignments

    6 videos•Total 63 minutes
    • What is it Worth to You?•14 minutes•Preview module
    • Customized Pricing Strategy•10 minutes
    • Consumer Psychology and Pricing•12 minutes
    • Setting Price - The Impact of Demand and Elasticity•9 minutes
    • Lesson 3-5: Initiating and Responding to Price Change•4 minutes
    • Professor Noel's Board Walk: New Product Pricing Strategy•11 minutes
    2 readings•Total 20 minutes
    • Module 3 Overview•10 minutes
    • Module 3 Readings•10 minutes
    5 assignments•Total 64 minutes
    • Module 3 Quiz•30 minutes
    • Practice Quiz Lesson 3.1 •1 minute
    • Practice Quiz Lesson 3.2•1 minute
    • Practice Quiz Lesson 3.3•2 minutes
    • Practice Quiz Lesson 3.4•30 minutes

    A strong brand allows companies to distinguish themselves from their competitors in their target market. To build a strong brand, marketers need to ensure that their messages to consumers are clear and consistent. In this module, we will learn how Integrated Marketing Communications (IMC) help companies achieve this objective.

    What's included

    12 videos2 readings1 assignment1 peer review1 plugin

    12 videos•Total 78 minutes
    • Introduction to Promotion•3 minutes•Preview module
    • The Communications Model•7 minutes
    • The Elements of the Communications Mix•10 minutes
    • Consumer Buying Process•4 minutes
    • Integrated Marketing Communications•4 minutes
    • Developing a Communications Plan•7 minutes
    • Is Your Advertising Effective?•4 minutes
    • Personal Selling and Public Relations•10 minutes
    • Sales Promotion & Digital Marketing•8 minutes
    • Professor Noel's Board Walk: Evaluating Advertising •6 minutes
    • Discussions with the Experts Steve Raquel•10 minutes
    • Learn on Your Terms•0 minutes
    2 readings•Total 20 minutes
    • Module 4 Overview•10 minutes
    • Module 4 Readings•10 minutes
    1 assignment•Total 30 minutes
    • Module 4 Quiz•30 minutes
    1 peer review•Total 120 minutes
    • Module 4 Peer Review Assignment•120 minutes
    1 plugin•Total 15 minutes
    • How Was the Course?•15 minutes

    Instructor

    Instructor ratings

    Instructor ratings

    We asked all learners to give feedback on our instructors based on the quality of their teaching style.

    4.8 (127 ratings)
    Hayden Noel
    Hayden Noel
    University of Illinois Urbana-Champaign
    2 Courses•62,275 learners

    Offered by

    University of Illinois Urbana-Champaign

    Offered by

    University of Illinois Urbana-Champaign

    The University of Illinois at Urbana-Champaign is a world leader in research, teaching and public engagement, distinguished by the breadth of its programs, broad academic excellence, and internationally renowned faculty and alumni. Illinois serves the world by creating knowledge, preparing students for lives of impact, and finding solutions to critical societal needs.

    Build toward a degree

    This course is part of the following degree program(s) offered by University of Illinois Urbana-Champaign. If you are admitted and enroll, your completed coursework may count toward your degree learning and your progress can transfer with you.¹

    Build toward a degree

    This course is part of the following degree program(s) offered by University of Illinois Urbana-Champaign. If you are admitted and enroll, your completed coursework may count toward your degree learning and your progress can transfer with you.¹

    U

    University of Illinois Urbana-Champaign

    Master of Business Administration (iMBA)

    Degree · 2 – 3 years

    U

    University of Illinois Urbana-Champaign

    Master of Science in Management (iMSM)

    Degree · 1 year

    U

    University of Illinois Urbana-Champaign

    Value Chain Management Graduate Certificate

    Degree · 4 - 12 months

    ¹Successful application and enrollment are required. Eligibility requirements apply. Each institution determines the number of credits recognized by completing this content that may count towards degree requirements, considering any existing credits you may have. Click on a specific course for more information.

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    Learner reviews

    4.8

    725 reviews

    • 5 stars

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    • 3 stars

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    Reviewed on Oct 8, 2018

    Wonderful class by a very fun and knowledgable professor who has a true passion for his work. I loved this class!

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    5

    Reviewed on Oct 24, 2018

    An excellent course Professor Noel and his staff really set a high bar for program expectations!!!

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    5

    Reviewed on Nov 12, 2020

    Very good and informative course! Thank you very much for everything. It was really very useful!

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    • U

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      Rating, 4.8 out of 5 stars
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