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FUNDAMENTALS OF RETAIL MARKETING

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About Course

The objective of this subprogram is to prepare the students who are interested to immigrate to Canada under the Canadian Express Entry Visa to become the Permanent Resident (PR) in Canada. NSRIC and its subsidiary, NSRIC International School in Toronto (NIST) offer this subprogram to facilitate PR opportunity in Canada who wanted to develop and enhance their skills in the occupation of related to marketing management. This course is highly recommended for retail and wholesale trade managers. Retail and wholesale trade managers are largely responsible for maintaining client relationships. The concepts and practices of modern business…

The objective of this subprogram is to prepare the students who are interested to immigrate to Canada under the Canadian Express Entry Visa to become the Permanent Resident (PR) in Canada. NSRIC and its subsidiary, NSRIC International School in Toronto (NIST) offer this subprogram to facilitate PR opportunity in Canada who wanted to develop and enhance their skills in the occupation of related to marketing management. This course is highly recommended for retail and wholesale trade managers. Retail and wholesale trade managers are largely responsible for maintaining client relationships. The concepts and practices of modern business marketing will be introduced in depth in this course. The course begins with an overview of what marketing is and why it is vital, then moves on to the principles of each of the many marketing activities. The importance of customer focus, market analysis, and opportunity identification are dissected. Next, the impact of market data on consumer behavior is evaluated. The training also discusses the necessity of integrating product and service decisions with pricing, distribution, and advertising. This marketing course is designed and tailored to introduce students to the skills and knowledge required for the marketing department of firms in Canada. This course focuses on marketing activities in general and the retail and service industries in particular. You will analyze trends and global effects on marketing decisions and get an understanding of the significance of customer service in building a client base and retaining customer loyalty. Through lectures, case studies, and virtual interactive exercises, students will acquire the skills and knowledge that will prepare them for a range of marketing-related professions in the industry.  This program is appropriate for students who are interested in pursuing a career in marketing in Canada or who wish to obtain a deeper understanding of the importance of marketing in any firm throughout the globe.



What Will You Learn?

  • CLO1: Determine how to characterize the products that retail and service businesses offer.
  • CLO2: Examine the significance of different pricing policies to various retail outlets.
  • CLO3: Describe the effectiveness of several promotional strategies
  • CLO4: Name the four components of the marketing mix and explain how they affect marketing initiatives.
  • CLO5: Understand the significance of consumer groups in different retail and service businesses
  • CLO6: Identify the factors affecting consumer purchase in the retail and service businesses.
  • CLO7: Understand market research tools and consumer product preferences
  • CLO8: Understand the link between store layouts and customer purchase

About the instructor

instructor avatar
Dr. Adenike Aderonke Moradeyo is an Adjunct Faculty in the Department of Business Administration, Pan-Atlantic University, Lagos. Nigeria. Her research interests straddle operations management, supply chain management, innovation management, entrepreneurship, project management and economics. She obtained her PhD in Management from the Lagos Business School, Pan-Atlantic University in 2015. She graduated with BSc Agricultural Economics and MSc in Economics from the University of Ibadan in the year 2002 and 2006 respectively. She has publications in several international journals, book chapters and conference proceedings. She has to her credit best-in-session paper and outstanding research awards in the year 2009 and 2011 respectively. She is a certified project management professional (PMP). She was the pioneer Head of Economics Department (Acting), Augustine University, Lagos. Nigeria. She has experience in consulting, manufacturing and financial institution.

Module(s)/ Lecture(s)

Course Outline PDF

MARKETING FUNDAMENTALS
1. explain how marketing influences consumers and competition; 2. describe the process by which goods and services are exchanged; 3. demonstrate an understanding of the importance of marketing research to a business and how information technology can be used to obtain and analyse marketing-related information; 4. analyse marketing strategies used by organizations in the not-for-profit sector; 5. compare the factors that influence marketing methods and activities in the global economy.

  • An Overview of Marketing Fundamentals
    24:55
  • Marketing Products and Services
    21:59
  • Importance of Price in the Marketing Mix
    27:06
  • Getting Goods and Services to the Right Place
    23:22
  • Methods of Advertising and Sales Promotion
    24:13

UNDERSTANDING CONSUMERS AND MARKETS
1. explain the stages of product development; 2. explain the factors involved in the pricing of goods, services, and events; 3. compare a variety of distribution strategies and the logistics associated with them; 4. demonstrate an understanding of the strategies involved in the promotion of goods 5. services, and events.

  • Market segments and demographics
    13:26
  • Consumer Behaviour
    00:00
  • Marketing Research
    00:00
  • The Competitive Market
    00:00
  • The Selling Process
    00:00

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Classification Of Courses

Audience

  • O Those interested in Retail salespersons and visual merchandisers (NOC 64100)
  • O Those interested in Sales and account representatives - wholesale trade (non-technical)
  • (NOC 64101)
  • O Those interested in Retail sales supervisors (NOC 62010)
  • O University undergraduate and graduate level students
  • O Any students who are interested in business marketing with focus on retail and services
  • O Entrepreneurs

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