Brand and Product Management

Unit code: BHO5504 | Study level: Postgraduate
12
(One credit point is usually equivalent to one hour of study per week)
City Campus
City Flinders
VU Sydney
N/A
Overview
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Overview

The unit of study is aimed at introducing graduate students to aspects related to the branding of products and services in the marketplace. It will provide students with the knowledge and skills necessary in developing and administering policies and strategies for both the company's existing and new products with a competitive edge.  The unit examines brands and their growing importance, consumers and brands, and what marketing executives need to do to manage brands strategically. More specifically, the unit incorporates key issues such as: measuring, managing and maintaining brand equity, brand positioning, strategic brand management, the role of marketing communications in creating a brand, co-branding, strategic alliances, managing brands over time, global brand management, services branding, and branding in the digital era.

Learning Outcomes

On successful completion of this unit, students will be able to:

  1. Critically reflect upon the elements of managing a product and brand;
  2. Critique the different measures of brand equity;
  3. Evaluate communication strategies by justifying the measures of valuation formation that are based on consumer perception;
  4. Appraise the rationale behind new product development and new services development processes, including innovation, research, and testing; and
  5. Assess and critically review differing brand and product portfolio management strategies.

Assessment

For Melbourne campuses

Assessment type: Presentation
|
Grade: 20%
Presentation on Brand Development Strategy (Group)
Assessment type: Essay
|
Grade: 40%
Research essay on branding
Assessment type: Report
|
Grade: 40%
Brand analysis report

Required reading

Strategic Brand Management: Building, Measuring, and Managing Brand Equity
Kevin Lane Keller and Vanitha Swaminathan (2020)| Pearson, Harlow.

As part of a course

This unit is studied as part of the following course(s):

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