International Branding and Advertising Fall 2017

Transcription

1 International Branding and Advertising Fall 2017 Instructor: Charles R. Taylor, Ph. D. John A. Murphy Professor of Marketing Editor-in-Chief, International Journal of Advertising Villanova School of Business, Villanova University Time: 5th October 2017, 12-6pm, Geschw.-Scholl-Pl. 1, E 006 6th October 2017, 12-6pm, Geschw.-Scholl-Pl. 1, A 119 7th October 2017, 9 am -1 pm, Geschw.-Scholl-Pl. 1, A 017 Exam: 13th October 2017, 9am -10 am, Geschw.-Scholl-Pl. 1, M 118 Please register at Studentoffice LMU (info@bwl.lmu.de) before 15th Sep 2017, 3.00 p.m. for this course. Note that this registration is binding Number of participants is restricted to 40 students. SYLLABUS Description: Today s marketers face competitive markets where branding is more important than ever before. Thus, understanding how firms create value though branding is of fundamental importance. This course will focus on how marketers build brands and on how advertising and promotion enhance the brand building process. Special emphasis will also be put on how global marketers can effectively build brands and advertise effectively across markets. To this end, the importance of understanding cultural issues will be covered. Current topics and trends in branding and promotion will also be covered in the class. 1

2 Course Materials: 1) Aaker, David (2014), Aaker on Branding: 20 Principles that Drive Success. New York: Morgan James Publishing 2) Other selected readings as listed on the syllabus. These will be posted online. Prerequisites: Introduction to Marketing (any introductory course in Marketing) Course Objectives: 1. To develop a deeper understanding of the importance of branding and brand equity to today s marketers. 2. To introduce the concept of the brand value chain as a framework for analyzing the impact of marketing expenditures on the bottom line. 3. To understand how advertising and promotion are used to enhance the brand building process, especially in a highly competitive environments in which media clutter is difficult to overcome. 4. To expose the student to current, cutting edge information on some special topics, including big event advertising, interactive advertising/ social media, product placement, and sponsorships. 5. To develop an understanding of the current state of international advertising and promotion. Special emphasis will be placed on key trends currently affecting global advertisers. Method: The course format will consist primarily of multimedia lectures as well as discussion of assigned articles. In addition, each student will be assigned to a group responsible for analyzing one of three global branding/advertising cases covered during the course. These groups will consist of five to six students while will be responsible for turning in a written response to a group of questions associated with the case provided by the Professor. The groups will also be expected to provide verbal responses to some of the questions in class 2

3 as well. Students are expected to complete all assigned readings prior to coming to class and are also expected to participate in class discussions. The recommended readings will cover material that will also be read in class. While it is not essential to read all of these articles prior to coming to class, reading these articles is likely to be beneficial both in better following the lectures and when taking the examination. Because of the condensed schedule for the course, students are expected to make every effort to attend all classes. Group Projects: One group case analysis is required. As described above, students will be assigned to a group and a case study. Examination and Grading: PO ECTS in MMI or M&F-BWL Students can chose between a 1-hour (3ECTS). PO ECTS in Anwendungsorientierte Vertiefung betriebswirtschaftlicher Kompetenzbereiche Students have to take the 1-hour (3ECTS) exam. 3

4 TENTATIVE COURSE OUTLINE* Tentative Schedule Session 1 October 5 th Part 1: Branding and its Central Importance to Marketers Part 2: Building Brands in Global Markets, The Role of Culture Recommended Readings: 1) Aaker text Part I Brands are Assets that Drive Strategy (pps. 1-22) 2) Aaker text Part II Have a Compelling Brand Vision (pps ) 3) Jennifer L. Aaker,(1997), Dimensions of Brand Personality, Journal of Marketing Research, 34 (3), Assigned Discussion Articles: 4) BMW Group: BMW Group - The Next 100 Years (2017) From AME Awardsl London: World Advertising Resource Center. 5) Ilan Brat A Jar of Vegemite, a Window on Kraft, Wall Street Journal. 6) Manfred Schwaiger, Carsten Renhak, Charles R. Taylor and Hugh M. Cannon (2007), Can Comparative Advertising be Effective in Germany? A Tale of Two Campaigns, Journal of Advertising Research, 47 (1), ) Christina Binkley, (2015) Minnesota s Cool New Image as the North. Wall Street Journal. 8) Benjamin Haas (2017), Uber for Bikes Chinese Firm Eyes Global Dominion with Launch in Manchester, (June 12), The Guardian. 9) Tatsuo Ito (2015), Self-Checkout Begins to Take Hold in Japan, Wall Street Journal, (Jan 1) 4

5 Session 2 October 6 th Part 3: Building Brands in Global Markets (General Strategies) Part 4: Building Brands Through Promotion in a Cluttered Media Environment Clips from popular film Lost in Translation comparing U.S. and Japanese culture Recommended Readings: 10) Aaker Part III Bring Your Brand to Life (pps ) 11) Kevin Lane Keller and Donald Lehmann, How Do Brands Create Value, Marketing Management, ) Allesandra Cotungo and Sue Mizera (2017), How Global Brands Resonate Across Cultures. WARC Best Practices. Assigned Discussion Articles: 13) Snickers Case Study You re Not You When You re Hungry (2014), London: World Advertising Resource Center. 14) Geoffrey Fowler, Mac and PC s Overseas Adventure, Lifestyle Matters Everywhere, Wall Street Journal. 15) Lena Roland (2017) The New Rules of Brand Building: Lessons from Just Eat, Disney, and Phillips. London: World Advertising Resource Center. 16) Low Lai Chow (2017), Chan China s Biggest Brands Take Over the World? London: World Advertising Resource Center. 17) Metro: the Daily Catch. From AME Awards (2017). 5

6 Session 3 October 7 th Part 5: Current Trends in Global Advertising and Interactive Advertising Part 6: Big Event Advertising Recommended Readings: 18) Aaker Part IV Maintain Relevance (pps ) 19) Aaker Part V Managing Your Brand Portfolio (pps ) 20) Charles R. Taylor Editorial: The Six Principles of Digital Advertising, International Journal of Advertising, 28 (3), Assigned Discussion Articles: 21) Gillette Shave Sutra Case (2014), London: World Advertising Resource Center. 22) Schwaiger, Manfred, Marko Sarstedt and Charles R. Taylor (2010), Art for the Sake of the Corporation: Audi, BMW Group, DaimlerChrysler, Montblanc, Siemens, and Volkswagen Help Explore the Effect of Sponsorship on Corporate Reputations, Journal of Advertising Research, 50 (1), ) Stephen Whiteside (2017), Tommy Hilfiger Learns to Move in Real Time, from Cannes Lion Event Report. 24) Yannick Wiedemann Unknown User: Unknown Potential, (2017). WARC Awards. *The material is subject to change. All changes will be announced in class with ample notice. 6