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Course Name: Marketing Metrics Course Code: MBA 4403M
Total number of hours: Credits:
Course Marketing Metrics is a marketing specialization course designed to develop students to
Description use numbers in assessing marketing strategy.The course reviews the different measures
used by marketers and other decision makers in corporations. It covers metrics for
understanding value of brands, customer loyalty, profitability of customers and to
measure the performance of marketing activities.
This course examines the importance of managing marketing data in effective
marketing decision making. It presents the role of marketing metrics within the
organisation and establishes how an understanding of a range of measurement
techniques can enable organisations to achieve marketing objectives through strategic
decision making.
Course After having completed this course student will be able to:
Objectives
Identify the importance of marketing metrics for organizations’ sustainability
endeavours.
Plan business unit’s strategic decision making by aligning marketing metrics
measuring market performance.
Examine marketing investment decisions of a business unit across industries.
Inspect product portfolios of a business unit using pricing strategies.
Appraise promotional profitability for a business organization
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portfolios of a business
unit.
5 Examine promotional 5 4 3 4 4.4 PO2 (2)
profitability for a
global business
organization.
When the correlation between CO and PO is more, the level is HIGH (3)
When the correlation between CO and PO is medium, the level is MEDIUM (2)
When the correlation between CO and PO is low, the level is LOW (1)
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and category exercises P.W., Pfeifer,
development index. P.E., and
Reibstein, D.J.
(2020)
Chapter 3:
Marketing
Metrics Bendle,
N.T., Farris,
P.W., Pfeifer,
P.E., and
Reibstein, D.J.
(2020)
III Margins and Week 4 CLO 3 Lecture & Chapter 3:
Profits Variable and 3 Discussion Marketing
fixed costs, margins, PLO with hands- Metrics Bendle,
mark-ups, 2.2 on N.T., Farris,
exercises P.W., Pfeifer,
contribution per unit,
P.E., and
average price per Reibstein, D.J.
unit,margin, (2020)
III breakeven sales Week 5 CLO 3 Lecture & Chapter 3:
level,unit,contribution 3 Discussion Marketing
margin, breakeven PLO with hands- Metrics Bendle,
sales level, Target 2.2 on N.T., Farris,
profit, rate of return on exercises P.W., Pfeifer,
sales and breakeven on P.E., and
incremental Reibstein, D.J.
investment. (2020)
IV Pricing, Product and Week 6 CLO 3 Lecture & Chapter 7 –
Portfolio 4 Discussion Marketing
Management PLO with hands- Metrics Bendle,
Price premium, 4.2 on N.T., Farris,
maximum reserve & exercises P.W., Pfeifer,
price and maximum 4.4 P.E., and
willingness to buy, Reibstein, D.J.
price elasticity, (2020)
optimal price,
percentage breakeven Week 7 CLO 3 Lecture & Chapter 7 –
price change,Price 4 Discussion Marketing
discrimination, PLO with hands- Metrics Bendle,
competitor reaction, 4.2& on N.T., Farris,
elasticity and cross and 4.4 exercises P.W., Pfeifer,
residual price P.E., and
elasticity. Reibstein, D.J.
(2020)
Trial volume and trial Week 8 CLO 1.5 Lecture & Chapter 4 -
rate, repeat volume 4 Discussion Marketing
and repeat rate, PLO with hands- Metrics Bendle,
adjusted trial rate, 4.2 on N.T., Farris,
cannibalization. & exercises P.W., Pfeifer,
4.4 P.E., and
Reibstein, D.J.
(2020)
V Sales funnel, sales Week 8 CLO HBR Case 1.5 Lecture & Chapter 6 –
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pipeline, lead, closure 5 Study: Discussion Marketing
rate, sales forecasting, PLO AnswerDas with hands- Metrics Bendle,
workload, sales force 4.2 h [2017] on N.T., Farris,
effectiveness. & exercises P.W., Pfeifer,
4.4 P.E., and
Reibstein, D.J.
(2020)
cost per thousand Week 9 CLO Emerald 3 Lecture & Chapter 6 –
impressions, reach, 5 Article- Discussion Marketing
frequency, share of PLO How to with hands- Metrics Bendle,
voice, page views, 4.2 measure on N.T., Farris,
visitors, Baseline & engagemen exercises P.W., Pfeifer,
sales, incremental 4.4 t in P.E., and
sales, Promotional lift, Twitter: Reibstein, D;
return on marketing advancing Chapter 8:
investment, coupon a metric Marketing
redemption, pass- Metrics Bendle,
through, gross rating N.T., Farris,
points, impression, P.W., Pfeifer,
P.E., and
Reibstein, D.J.
(2006)
.J. (2020)
Click-through rates, Week CLO HBR Case 3 Lecture & Chapter 9:
cost per click, cost per 10 5 Study: Article Marketing
order, and cost per PLO Business Discussion Metrics Bendle,
customer acquired, 4.2 Model with hands- N.T., Farris,
bounce rate, & Innovation on P.W., Pfeifer,
abandonment rate. 4.4 at exercises P.E., and
Customer lifetime Wildfand Reibstein, D.J.
value, retention rate, [2017]; (2006)
attrition rate& churn Emerald
rate. Article-
Reimagini
ng
Customer
service
through
journey
mapping
and
measureme
nt [2020]
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Essential Reading
1. Bendle, N.T., Farris, P.W., Pfeifer, P.E., and Reibstein, D.J. (2020) Marketing Metrics: The
Manager’s Guide to Measuring Marketing Performance (Revised Edition). Upper Saddle
River, New Jersey: Pearson.
Recommended Reading
1. Seiden, J. (2019). Outcomes Over Output: Why customer behaviour is the key metric for
business success. Independently published (April 8, 2019).
2. Whittington, S. (2019). Thriving in the Customer Age: 8 Key Metrics to Transform your
Business Results Calvin Simpson (August 23, 2019).
Articles:
1. How to measure engagement in Twitter: advancing a metric, Emerald Insight [2017]
2. Emerald Case Study: Building a culture of business analytics; a marketing analytics exercise
[2018]
3. Reimagining Customer service through journey mapping and measurement, Emerald Journal
of Marketing [10 April 2020]
ASSESSMENT OUTLINE
Component Description Units Maximum Weightage Total
marks
CIA1 Awareness, Attitudes and 1,2 20 20% 20
Usage Analysis (AAU):
Metrics of Hierarchy of
Effects model.
CIA2 Written Exam 1,2&3 50 25% 25
CIA3 A Report on brand 4&5 20 20% 20
valuation methods
ETE Written Exam 1,2,3,4&5 50 30% 30
Attendance 5% 5
100% 100
ASSESSMENT DESCRITPTION
CIA 1- Awareness, Attitudes and Usage Analysis (AAU): Metrics of Hierarchy of Effects model.
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Assignent Description: Assess the market performance of a business unit taking into consideration the
green product category.
Assignment Title: Awareness, Attitudes and Usage Analysis (AAU): Metrics of Hierarchy of Effects
model.
Instructions:
1. Select a green product
2. An understanding of the AAU model
3. Develop a questionnaire on (AAU) with 5 point scale
4. Collect data [sample size=100] and perform analysis
5. Submit report
Your Video presentation/Report submission should include:
a. Description of the product/service
b. Questionnaire developed on a 5-point Likert Scale
c. Analysis
d. Rationale behind the analysis
e. Inference arrived at that is firm and competitor specific from a strategic perspective
On completion of this assignment, the students learn to understand and appreciate the importance of
using marketing metrics in consumer attitudes and behaviour. Students will learn to work in teams to
bring out their collective creativity and intelligence.
CIAI Rubrics
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AAU model and understanding of level of understanding of concepts concepts.
measurement variables the knowledge assimilation of theoretical taught in class.
[PLO 2.2]/L4 points by of framework
offering relevant knowledge, discussed in
Unit 2 examples from but also class as well
various gives as in the
contexts. The relevant prescribed
team also examples literature.
critiques these and
knowledge illustrations
points and to highlight
makes the essential
arguments on knowledge
what is practical points.
and what is not.
Identify sustainability CO1- The team has The team has The team has The team has The team has
issues explored [PLO PO8 identified at identified at identified identified identified around 3
1.1]/L3 least 5 or more least 4 around 4 around 3 different issues
Unit 1 different issues different different different issues dealing with
dealing with issues issues dealing dealing with sustainability but
sustainability dealing with with sustainability has not
and has sustainability sustainability and has substantiated with
provided an and has and has provided some relevant
exceptionally provided an provided a information information.
informative informative reasonable and is vague.
overview. overview. overview of
information
used.
Analyse market CO1- The team The team The team The team The team analyses
performance: PO2 appropriately uses displays exhibited only without using
applies the appropriate satisfactory the use of proper statistical
Application of statistical statistical tools statistical analysis using statistical tools tools.
and frameworks tools & statistical in analysis.
tools, in making
for making framework tools &
systematic analysis of systematic for analysing frameworks
analysis of the the model and contains
the model [PLO 2.2]/L4
model along along with some
Unit 2CO1-PO2 with an an inference inference and
inference for for firm is not firm or
and competitor strategies. competitor
strategies. specific.
Organises the CO1- The team has The team has The team has The team has The team displayed
sustainability issues PO8 organised atleast organised organised organised very plain
sensitively [PLO 4 sustainability atleast 3 atleast 2 atleast 1 information and
1.1]/L3 Unit 1 issues sustainability sustainability sustainability zero no
exceptionally issues and issues and has issue with a sustainability issues
wle which is has brought produced limited
informative and out good adequate information
appealing and information information and some
has covered related to on firm as strategies that
competitor firm as well well as is not firm or
specific as competitor competitor
strategies. competitor specific specific.
specific strategies.
strategies.
*Weightage (Levels) can vary depending on assignments
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CIA II: Mid-Trimester Examfor 50 Marks
Unit I ,II & III
16 -23 August 2021
CIA II Rubrics
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based on analysis PO2 key issues of the key of the key of the key Incomplete
with method issues with issues with issues with suggestions to
for the case
to protect method to method to method to protect the
studyPLO 2.2/L4 the protect the protect the protect the companies position
companies companies companies companies
position position position position
Inferences drawn CO2- Detailed and Inferences Basic Basic Inferences are not
from application PO2 logical have been inferences inferences based on case and
perspective in the inferences arrived at are arrived are arrived at not validated.
context of the given have been from the at from the from the case
case studyPLO arrived at case case analysis but
2.2/L4 from the analysis analysis are not
case and are and are validated
analysis. logical. mostly not using logic
validating arrived at.
logic
arrived.
*Weightage (Levels) can vary depending on assignments
Brand valuation is a metric that evaluates the value of these powerful but intangible corporate assets.
It empowers brand proprietors, the venture network and others to assess
and analyse brands and settle on quicker and better-educated choices.
Pricing, Product and Portfolio Management is possible only because brands are able to analyse the
market valuation with respect to their competiors and frame strategies accordingly.
The brand valuation also takes into account the sales data which can be used for creating simple visual
tools for assessing the position of the brand in the market drawing inferences from competitors
strategy.
Students will work in groups of five to six members and analyse the various existing brand valuation
methods used for assessing the brands in detail. They will then have to choose two companies/brands
in similar sector and map them on a selected brand evaluation method. The brands can be under
similar umbrella as well, example brands for UNILIVER, or TATA.
They will then analyse the brand equity value using any one chosen method to conclude on the
valuation of the chosen company/brand. The students will appraise the business implications of the
company/brand in order to highlight the impotance of business vauation methods.
Instructions: Annual Report Analysis of Firm for which you will develop a dashboard as a
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group activity
The team project will be the unifying learning experience of the course. The project should be worked
on concurrently with the classes in teams of 5-6 students (The project will illustrate how to determine
marketing measures (inputs), how to select and/or develop measures of marketing effectiveness for
the company/firm (outputs) and how to use the selected outputs to make business decisions.
1. Select one of the two company’s having better brand valuation as per the above analysis.
2. Go through its most recent annual report to answer the following questions: a) Identify factors
that the firm indicates are important b) For each factor, indicate whether (and how) they
measure it in the annual report c) Is each measure reported in the annual report?
3. Identify the key marketing decision(s) that you think the business/firm needs to make and
determine what should be measured and where the results will be seen.
Note: You are not to depend on what is stated in the annual report.
Your team makes the decision of what needs to be done in terms of marketing
actions.
4. Select up to 8-10 marketing metrics for a marketing dashboard for the company
5. Draw or sketch out what your dashboard would look like and be prepared to discuss in Class.
Include the dials and be prepared to discuss what measures that you think are most important.
7. Determine how to assess the profit impact of company blogging and advertising
8. Describe the business and marketing decisions that are impacted by each of the selected 8-10
marketing metrics
Describe how you can move those levers that impact performance of each selected
metric.
9. Include specific values/data that you have (estimates are okay) for each of the metrics that
you include in your dashboard; you will have to make up the data as it will not be available
10. What strategic concerns do you have about this company given the dashboard results?
11. Based on the metrics suggest a marketing strategy for the firm
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Brand valuation methods. (5 Marks)
Reasoning for choice of one particular method for the selected brand (5 Marks)
Valuation of brand equity (5 Marks)
Appraise with business implications for the chosen brand (5 marks)
Sumission of Documents : Google classroom link by one team member
Presentation completed by 10-08-2021
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information.
Appraise with CO4- Appraise the Appraise the Appraise the Appraise the Appraisal not
business PO2 brand with brand with brand with brand alone aligned with
implications respect to its respect to its respect to its along with the chosen
for the brand competitors competitors competitors alternatives. brand for
[PLO 4.4]/L5 with with along with evaluation.
alternatives alternatives alternatives.
for all the for some of
key issues the key issues
identified identified
earlier. earlier.
*Weightage (Levels) can vary depending on assignments
Prepared by Reviewed by
(Faculty in-charge) Dr Ganesh L Approved by
Dr Vedha Balaji Dr Jeevananda S HoD
Dr Jayanta Banerjee
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