Marketing and product innovation
3 points * One 1-hour lecture and one 1-hour tutorial per week * Second semester * Caulfield
Objectives On successful completion of this subject students should be able to explain the mechanism and functions of marketing in business and understand the use of segmentation and market research techniques with particular reference to the development of designs for new products in a national/international context.
Synopsis The subject considers the principles of marketing; application of marketing techniques in the business environment; knowledge and skills required to market and sell consumer and technological products; analysis of product life-cycles for designed products; understanding the components of a marketing mix; and explaining the role of selling as a marketing strategy.
Assessment Assignment/case study: 60% * written examination: 40%
Recommended texts
Bradmore D and others Marketing Prentice-Hall, 1984
Kotler and Armstrong Principles of marketing 5th edn, Prentice-Hall, 1993
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