Need Assistance? 01384 442752 (UK)

MARKETING FOUNDATIONS VBS109

Duration (approx) 100 hours
Qualification Statement of Attainment

Study The Theory and Practice of Marketing with this essential foundation course.

 
Marketing is the cornerstone of most modern businesses. Lack of marketing knowledge is frequently the reason why a good business concept does not succeed. 

 

  • This course deals with all aspects of marketing from presentation and packaging, to advertising and selling.

 

  • You will develop an acute awareness of what is needed to achieve and maintain a good market share.

 

 

 

Courses can be started anytime from anywhere in the world!

towergatelogo.jpg PROFESSIONAL LIABILITY INSURANCE FOR ACS GRADUATES
Towergate Insurance welcomes Professional Liability insurance applications from ACS graduates across all disciplines. Click here for more details.
 

It's easy to enrol...

1
Select a payment plan:  

2
Select a learning method  

3

Lay the foundation to grow your Marketing Skills

 Learn about:

  • Fulfilling the customers needs - what attracts customers      
  • Persuading them to buy   
  • Different mediums of selling
  • Customer retention - keeping Customers satisfied

 

Marketing can be defined as fulfilling customers needs at a profit.  But, it is about more than just selling a product and you will find the considerations of profitability and efficiency are recurring themes in the course.

 

COURSE STRUCTURE AND CONTENT

The course comprises 10 lessons, as follows:

1. Marketing and the Business

  • What is marketing, and its significance
  • Considering alternative approaches to business & marketing
  • Alternative enterprises (eg. goods or services based, sole proprietor or partnership etc).

2. The Scope of Marketing

  • Understanding basic economics (eg. supply & demand)
  • The difference between the potential market, available market, target market, and penetrated market for a product/service of your choice
  • Different advertising approaches
  • Controlling Growth
  • Improving Results in Business, etc.

3. Target Marketing

  • Understanding the market place
  • Stages that sellers move through in their approach to a market
  • What is targeting
  • Advantages of target marketing as compared to mass marketing and product-differentiated marketing

4. The Marketing Mix and Managing the Marketing Effort

  • Product, price, place, and promotion
  • Affects and interactions between marketing and other operations of a business.

5. Product Presentation and Packaging

  • Importance of product knowledge
  • Core, tangible and augmented products
  • Differences in packaging & presentation for different products.

6. Promotion

  • Communication skills
  • Merchandising
  • Shop Floor Layout
  • Displaying Products
  • Signs
  • Understanding Selling and Increasing Sales
  • Sales Methods
  • Publicity Marketing
  • Structuring an Advertisement or Promotion
  • Advertising budgets, etc.

7. Product Pricing and Distribution Pricing

  • Profitability Ratios
  • Increasing Turnover, etc.

8. Customer Service

  • Methods of assessing customer satisfaction
  • Significance of Customer Service
  • Different types of customers in the market place, and how best to approach each
  • Difference between selling, publicising, marketing and advertising, etc.

9. Market Research

  • The research process
  • What to research
  • Surveys
  • Developing and conducting a market research program
  • Where to find useful statistics.

10. Organisations - Structures and Roles

  • Business law
  • Financial Management
  • Business Structures
  • Business terminology, etc. 

 

AIMS 

  • Discuss the role of marketing in different enterprises.
  • Describe the scope of marketing in different enterprises.
  • Define the target market for a product or service.
  • Determine and manage an appropriate mix of marketing activities for a small enterprise or marketing campaign.
  • Evaluate the presentation (including packaging) of a product or service.
  • Determine an effective approach to promoting a product or service.
  • Compare options for distribution and determine an appropriate price for a product or service.
  • Evaluate customer service.
  • Conduct relevant market research.
  • Consider the impact of internal and external organisations (including legal authorities) upon the marketing activities of an enterprise.
 
MARKETING IS CONSTANTLY CHANGING - IT IS IMPORTANT TO STAY UP TO DATE 
 
Customers in the past would walk to the shops they bought from. The telephone and automobile changed all of that though! Similarly the advent of the internet, social media and e commerce has continued to change the way people buy things, and in turn the way things are successfully marketed.
 
There is one thing to be learned from this - Change is inevitable.  Some things don't change though -products and services still need to be visible to potential customers, and potential customers still need to be nurtured in order to get sales.
 
Understanding these fundamentals is what this course is about; and once you have that understanding you then have a foundation for adapting to changes as they present throughout your lifetime.
  
Marketing on the internet is more likely to reach a global market, unless you are careful and contrived about how you manage marketing. It is possible to focus on a national market through the internet; however it is almost inevitable that you will draw some degree of attention from people outside of your country, no matter what you do. For example, if you promote a product in a local newspaper, it is highly unlikely that people outside of the local area will hear about the product; but if you promote a product online, it is highly likely that you will raise interest in many different countries, even if you do not intend to do so.

Today it is difficult to differentiate target markets according to locality. The internet does however allow you to differentiate and target certain markets according to speciality. Addresses are categorised on the internet according to different interest groups, and that feature allows a marketer to target a particular group (e.g. it is easy to make contact with people interested in photography, or education, health, or any other particular field of interest).
 
Promote to become Visible
There are protocols (i.e. a type of informal law) that are followed by the vast majority of internet users. One of the most important protocols is that the internet should not be used for spamming. Spam is a term that encompasses hard selling by mass emailing “junk mail” promotions. In short, protocols on the internet make it difficult for marketing to apply some of the same approaches that are used outside of the internet.

If a business is perceived to be spamming, or marketing in some other inappropriate way, it is likely that other internet users will mount a campaign to disrupt that business. There are many internet users who take it upon themselves to police such situations. They are not paid by anyone. They are simply driven by a passion for the morality which should apply on the net. Such people have developed many ways to disrupt businesses they are not pleased with (eg. they may run automatic programs to send thousands of emails to you, to disrupt your business; or they may mass-email warnings to others, telling them to avoid dealing with you).

Some “anti-spam” campaigners may be considered unreasonable or even libelous at times. There have been instances of such people being taken to court by the businesses they have targeted (charged with libel). Court action can be both costly and risky though, and should not be entered into lightly.

Getting an email address and website are generally the first steps to marketing on the net; however, these are no more effective than buying a post office box or printing leaflets, if the details are not seen by a large number of people. To ensure the site is seen and the email address becomes known, you need to promote your website and email address on the internet.

 

Get the Marketing Mix Right
 
The best marketing results occur when the client or customer is seeing your message repeatedly, and in different places. To achieve this you need to advertise in a mixture of places that will allow you to be seen by the same demographic/group. That demographic should be a reflection of the people who are most likely to buy your product or service.

 

  • Don't put all your eggs in one basket
  • Try different things, with different tools and always keep experimenting
  • Don’t assume that internet marketing can serve all of your marketing needs.
Allocate some of your overall resources (time and money) to continually reviewing and tweaking your internet marketing. A good marketing mix is one that keeps changing.

 

So ... Why should I take this course? 

 

  • This course is an excellent introduction and foundation to the world of marketing - dynamic and ever changing.
  • Understand what marketing is and how correctly applying the principles will result in increased sales.
  • Learn what it takes to successfully market your own or someone else's products.
  • Develop you knowledge of how to identify potential markets and translate ideas into successful business.
 

 

 

 

WHAT NEXT?

Register to Study - Go to panel toward top of this page (right column)

or

Get Advice - Use our FREE COUNSELLING SERVICE to contact a tutor

CLICK TO CONTACT US

 

 

 

 

Meet some of our academics

Sarah RedmanOver 15 years industry experience covering marketing, PR, administration, event management and training, both in private enterprise and government; in Australia and the UK.
Miriam ter BorgPsychologist, Youth Worker, Teacher, Author and Natural Therapist. Miriam was previously an Outdoor Pursuits Instructor, Youth Worker, Surfing College Program Coordinator, Massage Therapist, Business Owner/Manager. Miriam's qualifications include B.Sc.(Psych), DipRem.Massage, Cert Ourdoor Rec.
Denise Hodges Promotions Manager for ABC retail, Fitness Programmer/Instructor, Small Business Owner, Marketing Coordinator (Laserpoint). Over 20 years varied experienced in business and marketing. More recently Denise studied naturopathy to share her passion for health and wellness. Denise has an Adv.Dip.Bus., Dip. Clothing Design, Adv.Dip.Naturopathy (completing).
Lyn Quirk M.Ed.,Dip.Med.,Dip.SportsOver 35 years as Health Club Manager, Fitness Professional, Teacher, Coach and Business manager in health, fitness and leisure industries. As business owner and former department head for TAFE, she brings a wealth of skills and experience to her role as a tutor for ACS.M.Prof.Ed.; Adv.Dip.Compl.Med (Naturopathy); Adv.Dip.Sports Therapy


Check out our eBooks

Business OperationsA text book for business students, or a guide book for anyone operating a business. Six chapters: Daily Challenges of Running a Business, Managing People, The Law, Fiance, Product Management and Risk Management.
Event ManagementThe Event Management ebook can be used as a reference for students or as a foundation text for professionals who need to know the finer details for organising an event. This book takes the reader through the all of the considerations that need to be looked at prior to, during and after an event is organised. The topics covered in the Event Management ebook are 1/ Scope and Nature of Event Management, 2/ Developing a Concept and Planning, 3/ Organising the Resources Required, 4/ Catering: Food and Drink, 5/ Promoting an Event, 6/ Managing the Clientele, 7/ Risk Management, Legalities and Contingency Planning, 8/ Delivering the Event, 9/ Organising Celebrations and Parties, 10/ Organising Exhibitions, 11/ Organising Conferences and Seminars and 12/ Working in the Event Industry.
Modern MarketingThis book explores new approaches to marketing, how to adapt to a continually changing world both through online marketing, and more. Some aspects of marketing never change; but many of the well established approaches used in the past simply do not work any more. This book lays a foundation for thinking about marketing in a different way
Professional Practice for ConsultantsExplore becoming a consultant. This ebook contains chapters on how to be a consultant, packaging your services, delivering the services, building your resources, finding the work and getting the job, planning and ethics.