Disha School of Management PGDM Trimester - Iv Product and Brand Management

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DISHA SCHOOL OF MANAGEMENT PGDM TRIMESTER IV Product and Brand Management

Objectives (a) (b) (c) To familiarize the students with various concepts and techniques in Product Management To understand the range of alternative product strategies open to various companies To understand various concepts of Brands and Brand building Strategies.

UNIT 1 Introduction to Product Management, Classification of Products: Consumer goods classification, Industrial goods classification, Levels of Product: Customer Value Hierarchy, Product Hierarchy UNIT 2 Product Mix, Product Mix Decisions, Categories of New Product, New Product Development: Stages and techniques, Consumer Adoption Process, Stages in Adoption process, Factors influencing Adoption process. UNIT 3 Product Life Cycle, PLC Variants, Characteristics, Objectives and Marketing strategies throughout PLC stages, Competitor Analysis, Assessing competitors strategies. UNIT 4 Concept of Branding, Brand Characteristics, Components of a Brand, Brand Platform, Concept of Brand Association, Concept of Brand Identity, brand Identity prism.

UNIT 5 Brand Mapping: Methodology, Advantages, disadvantages; Foote Cone and Belding Grid, Power Brands, Cult Brands, Umbrella Branding: Advantages and disadvantages.

Prescribed text and References: Marketing management by Phillip Kotler Product Management by S A Chunawalla Branding by Brad VanAuken Product and Brand Management by U C Mathur Product Design and Development by Karl T Urich and Steven D Eppinger

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