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Course 2017-2018 a.y.

30259 - NEW PRODUCTS AND PRODUCT MANAGEMENT


CLEAM - CLEF - CLEACC - BESS-CLES - WBB - BIEF - BIEM - BIG
Department of Marketing

Course taught in English


Go to class group/s: 31

CLEAM (6 credits - II sem. - OP  |  SECS-P/08) - CLEF (6 credits - II sem. - OP  |  SECS-P/08) - CLEACC (6 credits - II sem. - OP  |  SECS-P/08) - BESS-CLES (6 credits - II sem. - OP  |  SECS-P/08) - WBB (6 credits - II sem. - OP  |  SECS-P/08) - BIEF (6 credits - II sem. - OP  |  SECS-P/08) - BIEM (6 credits - II sem. - OP  |  SECS-P/08) - BIG (6 credits - II sem. - OP  |  SECS-P/08)
Course Director:
DAVID MARIO DINO JARACH

Classes: 31 (II sem.)
Instructors:
Class 31: DAVID MARIO DINO JARACH


Course Objectives
New Products and Product Management deals with the marketing of new products at all stages of the product life cycle. This course covers relevant theories, methods and tools that help product managers to succeed with new products in the market.
The structure of the course follows the logic of a marketing plan consisting of the four key elements:
  • Background analysis;
  • Product strategy formulation;
  • New product development;
  • Marketing mix decisions.
The course heavily stresses action-based learning; most of the time class is prepared, presented, and discussed by students. Therefore, this class is very interactive and on top it delivers great opportunities to practice and improve professional presentation skills.

Course Content Summary
Topics that are covered in the course comprise
  • Basic criteria to assess the success potential of products/service.
  • Different techniques to develop new product/service ideas.
  • Market competition, market attractiveness.
  • Individual competitor analysis.
  • Customer analysis.
  • Market share, market potential, sales forecast.
  • Product strategy and management of new products.
  • Marketing mix decisions (product, pricing, promotion, distribution).
  • The internet and future trends in Product Management.

Detailed Description of Assessment Methods
For attending students:
  • 50% of the grade is composed of project work during semester. 50% of the grade is composed of a final, written exam. 
For non attending students:
  • 100% of the grade is composed of a final, written exam.

Textbooks
For Attending students:
  • D.R. LEHMANN, R.S. WINER, Product Management, McGraw-Hill/Irwin, 2005, 4th edition.
  • Teaching Slides /Class Notes & Discussions.
For Non-attending students:
  • D.R. LEHMANN, R.S. WINER, Product Management, McGraw-Hill/Irwin, 2005, 4th edition.


Prerequisites

Some basic Marketing knowledge is recommendable.

Last change 23/03/2017 10:40