Objective:
• Understand the fundamentals of the marketing mix and its components.
• Learn strategies to effectively improve the marketing mix for business success.
• Gain practical skills to implement and manage a successful marketing mix strategy.
Course Content:
Fundamentals of the Marketing Mix
• Define the marketing mix and its importance in business strategy.
• Overview of the 4Ps (Product, Price, Place, Promotion) and their roles in marketing strategy.
Analyzing Market Trends and Consumer Behavior
• Methods for researching and analyzing market trends.
• Understanding consumer behavior and its impact on marketing decisions.
Enhancing Product Development and Management
• Strategies for developing and refining products or services.
• Product lifecycle management and strategies for product differentiation.
Optimizing Pricing Strategies
• Overview of pricing strategies (cost-based, competition-based, value-based).
• Techniques for setting and adjusting prices to maximize profitability.
Improving Distribution Channels
• Types of distribution channels and their impact on market reach.
• Strategies for selecting and managing distribution partners.
Effective Promotion Techniques
• Integrated marketing communication strategies (advertising, sales promotions, public relations).
• Digital marketing techniques (SEO, SEM, social media marketing) to enhance promotion efforts.
Managing Marketing Campaigns
• Planning, executing, and evaluating marketing campaigns.
• Budgeting and resource allocation for marketing activities.
Measuring and Analyzing Marketing Effectiveness
• Key performance indicators (KPIs) for measuring marketing success.
• Tools and techniques for analyzing marketing campaign effectiveness.
Adapting Marketing Strategies to Market Changes
• Techniques for monitoring market changes and adjusting marketing strategies.
• Strategies for maintaining a competitive advantage in the marketplace.
FOR WHOM:
Marketing & Sales Personnel
Methodology
The training methodology integrates lectures, interactive discussions, collaborative group exercises, and illustrative examples. Participants will acquire a blend of theoretical insights and hands-on practical experience, emphasizing the application of learned techniques. This approach ensures that attendees return to their professional environments equipped with both the competence and self-assurance to effectively implement the acquired skills in their responsibilities.
DATE:
1ST BATCH: 18th – 21st Feb, 2025
2ND BATCH: 9th – 11th June, 2025
3RD BATCH: 7th – 10th Oct, 2025
25, Queen street, Alagomeji Bus Stop, Yaba, Lagos