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Level 7 Diploma in Strategic Management and Leadership

The product lifecycle, marketing mix dynamics and marketing tactics

SL710 · Strategic Marketing — Week 12 of 16

CourseSL710
Week12 of 16
SemesterI
TutorOnline in the course chat

This week’s topics

The product lifecycle, marketing mix dynamics and marketing tactics

  1. Product life cycle, e.g. definition, characteristics, application in changed market and organisational contexts
  2. Interrelationships between product lifecycle and dynamics of marketing mix
  3. Interrelationships between strategic positioning and marketing tactics
  4. Pricing tactics: cost pricing, market pricing, skim pricing, penetration pricing, price discrimination; promotion and place tactics
  5. Monitoring the effectiveness of marketing strategies: performance indicator; early warning; tactics change; objective change; strategy change

What you will be able to do

  • 4.3 Critically analyse the relationship between the product lifecycle and the marketing mix for an organisational context.

Study materials

The teaching notes, exercises and videos of this week are in the student portal. Your portal is set up as soon as you receive final acceptance, so you can open them before the semester starts.
Week 11Week 13
Course chat

Admitted students ask questions on this week’s page in the student portal: an AI assistant trained on the course answers first, and during the course’s timetabled classes Connect to your tutor brings your tutor into the chat, who may start a call if needed.

Open this week in the portal
Course plan
  • Week 1: The nature and purpose of strategic marketing
  • Week 2: Marketing concepts across organisational contexts
  • Week 3: Processes involved in strategic marketing
  • Week 4: Developing SMART strategic marketing objectives
  • Week 5: The external and competitive environment
  • Week 6: The internal and stakeholder environment
  • Week 7: Strategic options within environmental constraints
  • Week 8: Midterm evaluation
  • Week 9: Market segmentation and evaluating target segments
  • Week 10: Designing a differentiated brand position for targeted segm…
  • Week 11: The integrated marketing mix
  • Week 12: The product lifecycle, marketing mix dynamics and marketing…
  • Week 13: The nature of brands and the significance of branding
  • Week 14: Brand pyramid, positioning and brand management; strengthen…
  • Week 15: Review and coursework completion
  • Week 16: Final evaluation and project assessment
Back to the course
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