ACE YOUR SALES & MARKETING GAME - Executive Programme in Sales & Marketing IIM Indore - TimesTSW
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Index The Sales & Marketing Relationship 3 Strengthen Your Sales & Marketing Career 4 Programme Overview & Learning Objectives 5 Programme Highlights 6 Key Learning Outcomes 7 Programme Content 8-9 Pedagogy, Programme Delivery & Programme Schedule 10 Eligibility & Admission Criteria 11 Evaluation & Attendance Criteria 12 Certification & Alumni Status 13 Programme Director's Profile 14 Programme Fee, Instalment Schedule & Important Dates 15 About Indian Institute of Management Indore 16
The Sales & Marketing Relationship In any organisation sales and marketing play a pivotal role in the success of the business. Where sales help bridge the gap between a consumer’s needs and the product/service offered, marketing helps in creating communication for the same. Includes “operations and activities involved in promoting and selling Sales goods or services.” Marketing Sales & Marketing Relationship • The responsibilities of each group are closely linked. • Marketing plays a vital role in Includes “the process or supporting sales. technique of promoting, selling, and distributing a product or service.” Source: tenfold.com “There is no question that, when Sales and Marketing work well together, companies see substantial improvement on important performance metrics: Sales cycles are shorter, market-entry costs go down, and the cost of sales is lower.” -July-August 2006, Harvard Business Review 03
Strengthen Your Sales & Marketing Career Whether you are an aspiring or an experienced marketeer, you need to acknowledge and understand the importance of the relationship between sales and marketing. Both sales and marketing work towards a common goal i.e., business generation and organisational growth. 208% jump in marketing revenue ROI due to a successful 38% higher win rates sales and marketing alignment 32% increase in year-over-year (YoY) revenue growth Sources: Wheelhouse Advisors, MarketingProfs and Aberdeen Group Structured knowledge and thorough understanding of the concepts in sales and marketing will open up a plethora of roles, expose you to various career paths based on your interests, and enable career advancement opportunities in almost all industries. Popular Sales & Marketing Careers to Explore Retail Sales Social Media Marketing Sales Product Associate Manager Specialist Representative Manager Sales & Marketing Marketing Market Sales Manager Manager Analyst Manager Source: Indeed.com With IIM Indore's Executive Programme in Sales & Marketing, ace your sales and marketing career. The programme will help you understand the typical buying behaviour of a consumer, the marketing mix and provide you the necessary skills to adapt to today’s fast-changing business environment. 06 04
Programme Overview Executive Programme in Sales & Marketing (EPSM) Having a great product alone is not a guarantee of success in today’s world, the product should fulfil customer needs and the value of the product should be communicated effectively by the sales and marketing team to ensure success. In today’s competitive environment, Marketing & Sales are the key drivers for winning and retaining new businesses. The programme will combine a balance of theoretical and practical knowledge for the participants. It will help the participants to get the latest marketing and sales trends, work with the most efficient tools in the market and get equipped with all the necessary skills in this fast-changing business environment. Learning Objectives Learn about the marketing mix and Understand customers and what creating a value proposition motivates buying behaviour Evaluate and think critically about Get comprehensive knowledge of sales marketing communications to brand and marketing domain building methods 05
Programme Highlights Curriculum covering strategic aspects of marketing Learn to create and manage integrated marketing communications Understand the end-to-end process of new product development Learn tools and techniques of brand management and digital marketing 3-day campus immersion IIM Indore Executive Education Alumni status 06
Key Learning Outcomes In-depth knowledge of the two most important driving factors of a business – Sales and Marketing Understanding essential topics in this field like Logistics, Branding, Digital Marketing, and Sales Channels Keeping-up with the upcoming and ongoing trends in Sales and Marketing to understand the dynamic consumer market 07
Programme Content* Module Topic 1 Foundations of Marketing Analysing Marketing Environment Segmentation Targeting Positioning Forecasting and Demand Measurement Creating Marketing Plan 2 Conducting Marketing Research Importance of Marketing Research Marketing Research Process 3 Consumer Behaviour Factors Affecting Consumer Behaviour such as Cultural, Social and Personal Understand Consumer Buying Decision Process 4 New Product Development Challenges in Developing New Products Development Process: From Ideas to Concept to Strategy 5 Brand Management Brand Positioning Brand Equity Branding Strategy 6 Pricing Methods and Strategies Understanding Pricing Consumer Pyschology and Pricing Pricing Methods Adaptive Pricing 7 Digital Marketing Social Media Marketing Word-of-Mouth Marketing Mobile Marketing 8 Marketing Strategies Growth Strategies Product Life Cycle Marketing Strategies 9 Sales Management Role of the Sales Force Role of Selling within Marketing Managing and Controlling the Sales Force Sales Performance 08
Programme Content Module Topic 10 Sales Forecasting Sales Budgets and their Uses Techniques of Forecasting Importance of Accurate Forecasts The Sales Forecasting System 11 Marketing Channels Strategic Channel Choices Types and Classification of Channels Structure of Marketing Channels Channel Co-ordination Channel Conflict The Dynamic Nature of Channels 12 Distribution Logistics Distribution System Design Wholesalers Retailers Managing Distribution Channels Physical Distribution and Logistics 13 Creating and Managing Integrated Marketing Communications Role of Marketing Communications Understanding the Marketing Mix Developing Effective Communications 14 Services Marketing Unique Characteristics Customer Participation in Services Professional Services Managing Service Quality and Customer Experience 15 B2B Marketing Introduction Organisational Buying Behavior 16 Emerging Trends in Marketing *Courses are subject to change 09
Pedagogy, Programme Delivery & Schedule Pedagogy The pedagogy will be a judicious mix of: • Lectures • Project Work • Assignments • Case Discussions • Term Papers, etc. Programme Delivery Lectures will be delivered through broadband-based technology involving two-way audio and video communication. Sessions will be held once in week. Participants can attend sessions directly from their desktop/laptop (Direct-2-Device). Class Schedule Sunday, First Session 12:00 p.m. to 1:15 p.m. Sunday, Second Session 1:30 p.m. to 2:45 p.m. Campus Immersion 3 days campus immersion at IIM Indore Programme Duration – 12 months 10
Eligibility & Admission Criteria Who Should Attend Mid-level marketeers who have the basic knowledge of marketing, operations and sales but now want to deep dive into this field to expand their knowledge Participants who need a boost in their sales and marketing career and are keen to learn about the current market trends, marketing mix, buying behaviour, evolving brands and more Senior-level marketeers with good experience and knowledge in this domain but need to update themselves with the current ongoing marketing trends and change the course of their career Eligibility Criteria Diploma (10+2+3) or bachelor’s degree or equivalent (10+2+3 or 10+2+4) or 2 years’ master’s degree or equivalent from a recognised university (UGC/AICTE/DEC/AIU/State Government) in any discipline with minimum 50% aggregate marks of all the years Minimum two years of work experience is required post completion of the qualifying education Admission Criteria Participants would be selected based on their overall profile 11
Evaluation & Attendance Criteria Evaluation Methodology Performance of participants will be monitored on a continuous evaluation basis through quizzes, assignments, tests, and examinations. Participants are required to score minimum marks/grades as decided by the Institute from time-to-time to complete the course. Attendance Criteria Participants are expected to attend all sessions of a given course. Participants may take leave on account of emergencies, participation in management festivals or co-curricular activities, etc., subject to the approval of the Programme Coordinator. 75% minimum attendance requirement would be considered for the final grading. 12
Certification Upon successful completion of the programme, participants will be awarded ‘Executive Certificate in Sales & Marketing’ by IIM Indore. IIM Indore Executive Education Alumni Benefits The participants who will complete the programme successfully will be eligible for the Executive Education Alumni status of IIM Indore. They will be required to apply separately along with the necessary fee to register their names. Benefits available to Executive Education Alumni include: a. Communication of brochures and newsletters from IIM Indore b. Access to the IIM Indore Campus Library (onsite access only) c. Official email ID of the institute 13
Programme Director's Profile He has attended the Global Colloquium on Participant Centric Learning (Glocoll) at the Harvard Business School (HBS), Boston, MA. He has attended the IPSA-NUS Methods School at the National University of Singapore (NUS). Dr. Jayasimha has presented papers in several international conferences and his work has been published in various international journals of repute. Dr. Jayasimha K. R. At IIM Indore, Dr. Jayasimha has Dr. (Jai) Jayasimha is a Professor of been the Chair of the Executive Post Marketing. Before joining IIM Graduate Programme in Indore, he has been a faculty Management (EPGP). Besides being member at The Institute of Manage- the Marketing Area Chair, he has ment Technology, ICFAI Business also chaired the Faculty Workload School (IBS Hyderabad), PES Insti- Norms Committee. He offers tute of Technology (PESIT, Banga- seminar courses on Service lore) and Kirloskar Institute of Excellence and Classics in Marketing Advanced Management Studies. (CMM) at the doctoral level. Dr. Jayasimha is a recipient of the 'Best Teacher Award' at IIM Indore. He is a recipient of the "Prof. Marti Subramanyam Award" along with Dr. Rajeev Verma for their joint research on Service Innovaton. 14
Programme Fee, Instalment Schedule & Important Dates Programme Fee Particulars Amount (in ₹) (excluding GST)* Registration Fee 6,200 Processing Fee** 10,000 Campus Visit Fee 12,500 Programme Fee 1,95,000 Total Fee (Excluding Registration & 2,07,500 Processing Fee) Note: * Fee will be collected by TEEL. * GST is 18%. ** Processing Fee includes ₹6,200 towards the Registration Fee and ₹3,800 towards the Programme Fee. In case a participant’s profile is rejected by IIM Indore, ₹7,500 is refunded to the participant and ₹2,500 is deducted towards administrative charges and is non-refundable. Instalment Schedule Instalment I Instalment II Instalment III Instalment IV At the time of Within one week 10th December, 10th March, 10th June, Date application of offer letter 2021 2022 2022 roll-out date Amount 3,800 51,200 52,500 50,000 50,000 (in ₹)* * GST will be additional as applicable. Important Dates Application Closure Date 5th September, 2021 Academic Orientation Date 26th September, 2021 Tentative Programme End Date August 2022 APPLY NOW 15
About Indian Institute of Management Indore The Indian Institute of Management Indore (IIM-I) is an autonomous public business school located in Indore, Madhya Pradesh, India. Instituted in 1996, IIM Indore is the sixth addition to the Indian Institute of Management (IIM) family of management schools. IIM Indore is recognised as one of the premier management institutions, comparable to the best in the world for teaching, research, and interaction with industries. It is an institute of national importance under the Indian Institutes of Management Act 2017. Spread over 194 acres, IIM Indore stands with pride, with the Triple Crown of triple accreditation, first from the Association of MBAs (AMBA), a UK-based accreditation agency, in 2016; second from the AACSB in 2019, and third and latest from the EFMD Quality Improvement System (EQUIS) by EFMD, the globally recognised international organisation for management development, in December 2019. As of August 2020, the 'Triple Crown' has been received by only 102 business schools globally. IIM Indore is the second IIM in the nation to receive triple accreditations. With a mission to be a contextually relevant business school with world-class academic standards that develops socially conscious managers, leaders and entrepreneurs, IIM Indore is one of the fastest growing institutions in India today. The institute has bagged a position in Top 100 in FT Rankings 2019 and stands at Rank 7 in the NIRF Rankings 2020. 16
Prabandh Shikhar, Rau - Pithampur Rd, Indore, Madhya Pradesh - 453556 1800-270-5400
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