MKTG392BrandManagement
FallSemester2015
Instructor
RoomNo.
OfficeHours
Email
Telephone
Secretary/TA
TAOfficeHours
CourseURL(ifany)
Dr.RohailAshraf
3rd,Floor,SDSBBuilding
TBA
rohail.ashraf@lums.edu.pk
04235608429
FaizaQayyum
ByEmail
Suraj.lums.edu.pk
COURSEBASICS
CreditHours
Lecture(s)
Recitation/Lab(perweek)
Tutorial(perweek)
3
NbrofLec(s)PerWeek
NbrofLec(s)PerWeek
NbrofLec(s)PerWeek
2
N/A
N/A
Duration
Duration
Duration
1hour15minuteseach
N/A
N/A
COURSEDISTRIBUTION
Core
Elective
OpenforStudentCategory
CloseforStudentCategory
Yes
Seniors,Juniors,Sophomores
Allfreshmen
COURSEDESCRIPTION
AMA (American Marketing Association) defines brand as a name, term, sign, symbol, or design, or a combination of them,
intendedtoidentifythegoodsandservicesofonesellerorgroupofsellersfromthoseofthecompetitor.Howeverscholarsand
practitionersagreethatabrandismuchmorethanthat.Brandisapromisetothecustomer,brandisanoverallexperiencetothe
customer that encompasses all touch points with the customer. As traditional competitive advantages are fading, the new
competitivearenaisBrandEquity,whichcreateslongtermprofitablebrandrelationships.
This course take a customer based cognitive perspective and examines the building blocks of brand equity across 4 different
modules:
Module1:WhatareBrands?
Module2:HowtoBuildBrands?
Module3:HowtoKeepTrackofyourBrands
Module4:CarryingyourBrandsforward!
COURSEPREREQUISITE(S)
PrinciplesofMarketing(MKTG201)
LahoreUniversityofManagementSciences
COURSEOBJECTIVES
The course is designed to introduce students to basic concepts of branding and to enable them to see through
interlinkagesamongtheseconcepts.Inaddition,itaimstodevelopthemasindependentreadersofthediscipline
sothattheycanbrandintheirownuniqueway.Forthisreason,thecoursewillnotonlyusethetextbookbutwill
also introduce students to the sources of upcoming marketing thoughts so that they can independently keep
themselvesuptodateinfuture(iftheywish).
COURSELEARNINGOUTCOMES(CLO)
Successfulcompletionofthecoursemeansstudentswillbeableto:
1. DemonstrateafundamentalunderstandingofBrandEquity.
2. DetailhowtobuildBrandEquity.
3. UsedifferentmethodsofmeasuringBrandEquity.
4. ExplainhowtosustainandgrowBrandEquity.
5. ConductaBrandAudit.
UNDERGRADUATEPROGRAMLEARNINGGOALS&OBJECTIVES
GeneralLearningGoals&Objectives
Goal1EffectiveWrittenandOralCommunication
Objective:Studentswilldemonstrateeffectivewritingandoralcommunicationskills
Goal2EthicalUnderstandingandReasoning
Objective:Studentswilldemonstratethattheyareabletoidentifyandaddressethicalissuesinanorganizational
context.
Goal3AnalyticalThinkingandProblemSolvingSkills
Objective:Studentswilldemonstratethattheyareabletoidentifykeyproblemsandgenerateviablesolutions.
Goal4ApplicationofInformationTechnology
Objective:Studentswilldemonstratethattheyareabletousecurrenttechnologiesinbusinessand
managementcontext.
Goal5TeamworkinDiverseandMulticulturalEnvironments
Objective:Studentswilldemonstratethattheyareabletoworkeffectivelyindiverseenvironments.
Goal6UnderstandingOrganizationalEcosystems
Objective:StudentswilldemonstratethattheyhaveanunderstandingofEconomic,Political,Regulatory,Legal,
Technological,andSocialenvironmentoforganizations.
MajorSpecificLearningGoals&Objectives
Goal7(a)DisciplineSpecificKnowledgeandUnderstanding
Objective:Studentswilldemonstrateknowledgeofkeybusinessdisciplinesandhowtheyinteractincluding
applicationtorealworldsituations(Includingsubjectknowledge).
Goal7(b)Understandingthesciencebehindthedecisionmakingprocess(forMGSMajors)
Objective:Studentswilldemonstrateabilitytoanalyzeabusinessproblem,designandapplyappropriate
decisionsupporttools,interpretresultsandmakemeaningfulrecommendationstosupportthedecisionmaker
LahoreUniversityofManagementSciences
Indicatebelowhowthecourselearningobjectivesspecificallyrelatetoanyprogramlearninggoalsandobjectives.
PROGRAMLEARNINGGOALSAND
OBJECTIVES
Goal1EffectiveWrittenandOral
Communication
Goal2EthicalUnderstandingandReasoning
Goal3AnalyticalThinkingandProblem
SolvingSkills
COURSELEARNINGOBJECTIVES
Oral:Studentsaresupposedtoactively
participateintheclassanddeliver
professionaloralpresentation.
Written:Studentssubmitonereportand
onepresentation(withcomments)that
involvesubstantiallevelofwriting
N/A
Studentspolishthisskillsby(i)conducting
brandauditandrecommendingsolutions
toproblemsand(ii)bydesigningsolution
experimentsinresearchreport
Goal4ApplicationofInformationTechnology
N/A
Goal5TeamworkinDiverseand
Thecourselaysstrongemphasis onteam
MulticulturalEnvironments
workbygettingtheminvolvedintwo
differentprojects
Goal6UnderstandingOrganizational
N/A
Ecosystems
Goal7(a)DisciplineSpecificKnowledgeand
Exhaustivecoverageofimportant
Understanding
marketingtopics
Goal7(b)Understandingthescience
Thiscoursestakesascientificapproachto
behindthedecisionmakingprocess
brandingbydescribinghowwecan
structureourmanagementofbrandsand
makethemmoreefficient.
COURSEASSESSMENTITEM
ClassParticipationandProjects
QuizzesandExam
Projects
Projects
Quizzes,Exam
Classparticipation,Projects,
Quizzes,Exams
Classparticipation,Projects,
QuizzesandExam
GRADINGBREAKUPANDPOLICY
ResearchProject(TeamBased):10
BrandAuditProject+Presentation(TeamBased):15
Quiz(s):20(Therewillbe5quizzeswithn1format;Missingaquizwillbeconsideredasyourlowestgrade.Nomakeupsfor
quizzes!)
ClassParticipation:15
Attendance:5
FinalExamination:35
EXAMINATIONDETAIL
Midterm
Exam
FinalExam
Yes/No:No
Yes/No:Yes
Combined/Separate:Combined
Duration:3hours
ExamSpecifications:Objective+Subjective
LahoreUniversityofManagementSciences
COURSEPROJECT
ImportantSuggestions&Notes:
1.
2.
Allprojectsaregroupwork
Studentsshouldwritetheirnameonsection(s)theyhaveworkedon.
3.
Academichonestyisexpectedofstudents!Anyissuesinthisregardwillbetreatedwithoutanycompassion!
4.
Groupprojectisnotaworkof4individualsworkingon4differentparts.Suchprojectsnaturallycreatesilosofoutput
withoutofsyncideas.Pleasedospendsometimeinsynchronizingwork;ifnot,thewholepurposeofgroupworkislost.
Youcandothisintwoways:a)nominateateamleadwiththemainresponsibilityofsynchronizingwork,b)conducta
prefinalizationgroupmeetingtodiscusssynchronizationpoints(recommendedoption).
5.
Quiteoftenreportsaresubmittedassumingthatthereaderhasthesamemindsetasthewriter.Suchanassumptionis
wrong!Pleasenotethatthereader(instructors,yourlinemanagers,topmanagementetc.)willalwaysbepressedwith
time.Ifyoucannotmakeadocumentthatisstructured(titlepagewithnecessarydetailssuchastopic+groupmember
email addresses + groupnumber etc., TOC, pagenumbers, headingsnumbered and in levels) and has a logical flow of
argument,thenpleasedontexpectafavorablefeedback!
6.
Considering there is substantial grade for projects, the issues of free riders in group may potentially deteriorate the
qualityofoutput.Itisstronglysuggestedthatyoucontacttheinstructorassoonasyoufaceanysuchissues.Noteforthe
Freeriders:Youwilleitherbeforcedtoworkontheprojectallalone(withsomenegativedeductionstothegrade)or
givenanFdependingonyourinterest!
7.
Formeetings,ALLthegroupmembersshouldbehaveresponsiblyandcomeONTIME.Latearrivalsmaynotbeallowedin
themeeting.
ResearchProject:
(CLO#1)
Objective:Theaimofthisprojectistointroducestudentstotherealmofmarketingresearch.Asthisisanelementarybranding
courseattheundergradlevel,thereforeyouarenotexpectedtounderstandtheentireresearchpaper.Youareonlyexpectedto
understandtheintroduction,hypothesisdevelopment,andconclusionsectionsONLY.
LearningOutcome:Thisprojectisaimedtoexposestudentstothemostnonpublicfriendlyformofmarketingliterature.Theidea
is that students will be able to identify high quality work and develop a relative comfort level with this kind of literature over
multipleiterations.
Project:Studentsareexpectedtopickanytopicoftheirinterestfromthecourseanddothefollowing:
1. Conduct5pagesofliteraturereview(3articlespermember)
2. Planandconductasmallintelligentbrandexperiment(forthebrandselectedinBrandAudit)
3. ConclusionandOpinion
Deliverables:Therewillbetwodeliverablesfortheproject:
1.
2.
Midterm(2%points):Literaturereviewof5pages(1.5spacing)andtheintegrateddiagramONLY.Subsequently,a11
meetingwillbeconductedtoevaluateperformanceandtodiscusshowtoimproveliteraturereviewinordertofinda
betterstructureforthedocument.
FinalReport(8%points):Allthethreecomponentsinastructuredreport.
LahoreUniversityofManagementSciences
BrandAudit:
(CLO#5)
Each team should choose a brand of their interest and that it must be approved by the instructor. The work involved in the
projectistoconductBrandTrackingSurveywithconsumersinordertodissectthebrandandestimateitshealth.Assumingthe
audienceisinternalseniormanagement,thegroupmustmakeaconvincingargumentastohowthebrandshouldbemanaged.
Thereare3majorpartsoftheprojecttworesearchpartsandafinalintegrativeanalysis.
SecondaryResearch
1. BrandIntroduction
2. Competition
3. BrandInventory
4. CurrentMarketingStrategy
PrimaryResearch
5. ConductingBrandTrackingSurvey
6. AnalyzingData
7. CompilingResults
8. MeasuringBrandEquity
RecommendedBrandingStrategy(UseresultsofExperiment,secondaryandPrimaryResearchdata)
Deliverables:Thereare2deliverablesforthis:
1. Midterm(5%points):SecondaryResearch
2. Presentation(10%points):Apresentationofthecompleteauditwithemphasisonrecommendations+brandexperiment
willhavetobemadeinfrontoftheclass.
(Note:Pleaseaddnotesontheslidessothattheinstructorcanusethemlatterontomakeadetailedevaluation)
LahoreUniversityofManagementSciences
COURSEOVERVIEW
WEEK
TOPICS
#
RECOMMENDED
READINGS/ACTIVITIES
OBJECTIVES/
APPLICATION
CLO
Module1:
WhatareBrands?
Part1(Introduction)
IntroductiontoClass
WhatareBrands?
IntroductiontoBrand
Management
ProsandConsofBranding
Part1(Introduction)
BrandEquity
Chapter1(pp.211;2729;3845)
Definingand
1
understandingtheconcept
andpowerofBrand.
Chapter2(pp.4878)
GroupListDue
Givingafundamental
understandingofBrand
Equity.
Module2:
HowtoBuildBrands?
4.1
5.1
5.2
Part2(EstablishingBrandPositioning)
BrandPositioning
Chapter3(Text)
Clancy&Trout(2002),Brand
Confusion,HBR
ResearchProject/BrandAudit
SummaryDue
CreatingapositiveBrand
Imageinthemindsof
consumers.
Part3(BuildingBrandEquity)
ByChoosingBrandElements
ByDesigningMarketing
Program
(Product,Price,Place)
Chapter4(pp.140154;174177)
Chapter5(194195;200201;211
219;)
Fetscherinetal.,(2012),InChina,pick
yourbrandnamecarefully,HBR
Part3(BuildingBrandEquity)
ByDesigningMarketing
Program
(IntegratedMarketing
Communication)
ResearchSession(ReadingArticles)
Chapter6(pp.230234;237;267276)
Holt(2003),Whatbecomesanicon
most,HBR
2
Detailinghowtobuild
BrandEquitybychoosing
brandelementslikename,
sign,symbol,sloganetc.
andbydesigningproduct,
price,placestrategies.
2
Detailinghowtobuild
BrandEquityby
designingpromotionmix
strategyandbydeveloping
culturearoundit.
Krasnikoveetal.(2009),Evaluating
theFinancialImpactofBrandingUsing
Trademarks,JM
Explaininghowsmallreal
lifeexperimentscanbe
usedtoprovideinsightful
decisions.
1,2
LahoreUniversityofManagementSciences
6.1
6.2
Part3(BuildingBrandEquity)
ByLeveragingSecondary
Associations
Chapter7(Text)
ResearchSession(Conductingreallife
experiments)
Anderson&Simester(2011),Astep
bystepguidetosmartbusiness
experiments,HBR
Detailinghowtobuild
2
BrandEquitythrough
secondaryassociationslike
celebritiesandby
adoptingcauserelated
marketingstrategy.
MidtermSubmissionDue
Module3:
HowtoKeepTrackofyourBrands
Part4(MeasuringBrandEquity)
TheBrandValueChain
BrandTrackingStudies
BrandEquityManagement
System
Part4(MeasuringBrandEquity
Sources)
Part4(MeasuringBrandEquity
Outcomes)
Chapter8(Text)
Explainingdifferent
methodsofmeasuring
BrandEquity.
Chapter9(Text)
Explainingdifferent
methodsofmeasuring
BrandEquity.
Explainingdifferent
methodsofmeasuring
BrandEquity.
Chapter10(Text)
Module4:
CarryingyourBrandsforward!
10
11&
12.1
Part5(GrowingandSustainingBrand
Equity)
BrandArchitecture
BrandHierarchy
Part5(GrowingandSustainingBrand
Equity)
IntroducingandManaging
BrandExtensions
Chapter11(435475;485488)
Case:Dev(2008),CorporateBrand:
HelporHindrance,HBR
Describinghowtosustain
andgrowBrandEquity.
Chapter12
Volckner&Sattler(2006),Driversof
brandextensionsuccess,JM
Quelch&Kenny(1994),Extend
Profits,NotProductLines,HBR
Aaker(1997),Shouldyoutakeyour
brandwheretheactionis?,HBR
Describinghowtoextend
yourbrandstonew
productcategories
LahoreUniversityofManagementSciences
12.2
13
14
Part5(GrowingandSustainingBrand
Equity)
BrandCommunities
Part5(GrowingandSustainingBrand
Equity)
BrandReinforcement
BrandRevitalization
BrandCrisis
RetiringaBrand
CourseProjectPresentations
FinalExam
Fournier&Lee(2013),GettingBrand
Communitiesright,HBR
ResearchReportSubmission
Chapter13(Text)
Ahrendts(2013),TurninganAging
BritisthIconintoaGlobalLuxury
Brand,HBR
BrandAuditSubmission
Describehowbrand
communitieshelpsustain
thebrand
1,3,4
Providinganinsightabout 1,4,5
managingabrandovera
periodoftime.
TEXTBOOK(S)/SUPPLEMENTARYREADINGS
Text
StrategicBrandManagement,KevinLaneKeller,M.G.Parameswaran,IsaacJacob,3rdEdition,Pearson
OnlineReferences:
http://www.interbrand.com/en/
http://hbr.org/magazine
Note:
A) Classtimingswillstrictlybeadheredto.
B) QuestionsrelatedtothediscussionsinclasswillalsobeincludedintheQuizzesandtheFinalexam.
C) Passivelistenersarenotencouragedtotakethiscourse.Eachstudentissupposedtoactivelyparticipateinclassdiscussions
toearnhis/her"classparticipation"(CP)grade.Theinstructormaycallonstudentstoanswerquestionsanddiscussclass
materialstoencourageeveryonetoparticipateintheclassdiscussions.