Develop a broad understanding of how winning companies operate externally to create successful businesses, build strong market positions and grow profitably over the long term. This comprehensive course provides the knowledge to make informed career choices for students deciding on the next degree, emerging leaders exploring cross-functional opportunities, or entrepreneurs starting a new business.
In the first module, 'Market Research, Customers & Segments', you will understand the basics of market research, customer problem identification and developing compelling value propositions. You will learn the skills necessary to study markets, customers and competitors to make sound business decisions.
In the second module, 'Value-Based Marketing & Marketing Communication', you will understand how to create and communicate strong customer value. You will learn the principles of branding, advertising, pricing, and communication essential for a strong brand presence.
In the third module, 'Sales Channels & Distribution, B2B & B2C Selling', you will explore the critical aspects of sales channels and distribution strategies. You will gain insights into and understand the skills to sell to consumers (B2C) or other businesses (B2B).
Finally, in the fourth module, 'Customer Service Management, Supply Chain & Logistics', you will understand how companies optimise their supply chains to deliver products on time and maintain high customer satisfaction. You will learn the processes and skills to manage customer relationships, foster loyalty, and ensure great customer experiences.
This course complements 'BUS101 Introduction to Business Management—Winning Internally', which provides the knowledge and skills for superior performance in internal business operations and organisational management.
Begin your journey by understanding the foundational elements of market research and customer segmentation. Learn how to identify and analyze customer needs, market trends, and the competitive landscape. This module will equip you with the skills necessary to conduct effective research and develop targeted customer segments that align with your business goals.
Dive into the world of value-based marketing, where you'll discover how to create compelling value propositions that resonate with your target audience. Learn the principles of branding, advertising, and marketing communication that are essential for building a strong brand presence. This module emphasizes the importance of delivering value to customers through effective communication strategies.
What's included
10 videos2 readings3 assignments
Show info about module content
10 videos•Total 91 minutes
Introduction to lesson: Value Based Marketing•1 minute
What is Marketing & How has it evolved?•12 minutes
What is Value Based Marketing?•11 minutes
What is Price Strategy & Architecture?•15 minutes
What are the Marketing Skills?•6 minutes
Introduction to lesson: Marketing Communication•1 minute
What is Branding?•11 minutes
What is Positioning?•11 minutes
What is Advertising?•20 minutes
What are the Digital Marketing Skills?•4 minutes
2 readings•Total 20 minutes
PDFs of Lesson: Value Based Marketing•10 minutes
PDFs of Lesson: Marketing Communication•10 minutes
3 assignments•Total 120 minutes
Quiz: Value Based Marketing & Marketing Communication•60 minutes
Quiz: Value Based Marketing•30 minutes
Quiz: Marketing Communication•30 minutes
Sales Channels & Distribution, B2B & B2C Selling
Module 3•4 hours to complete
Module details
Explore the critical aspects of sales channels and distribution strategies in this module. You'll gain insights into managing various sales channels, optimizing distribution networks, and understanding the differences between B2B and B2C sales processes. This module will also cover essential selling techniques that can enhance your ability to close deals and drive revenue.
What's included
11 videos2 readings3 assignments
Show info about module content
11 videos•Total 102 minutes
Introduction to lesson: Sales Channels & Distribution•1 minute
What are Sales Channels?•21 minutes
How to Manage Distributors?•12 minutes
How to Manage Retailers?•17 minutes
What are Retail Management Skills?•5 minutes
Introduction to lesson: B2B & B2C Selling•1 minute
What is the Sales Process?•3 minutes
What is B2C Selling?•14 minutes
What is B2B Selling?•15 minutes
What is Sales Automation?•10 minutes
What are the Sales Skills?•3 minutes
2 readings•Total 20 minutes
PDFs of Lesson: Sales Channels & Distribution•10 minutes
Customer Service Management, Supply Chain & Logistics
Module 4•5 hours to complete
Module details
Conclude your learning experience by mastering the key elements of customer service management and supply chain logistics. This module covers the processes and skills required to manage customer relationships, foster loyalty, and ensure efficient logistics operations. Learn how to optimize your supply chain to deliver products on time and maintain high levels of customer satisfaction.
What's included
10 videos4 readings3 assignments
Show info about module content
10 videos•Total 106 minutes
Introduction to lesson: Customer Service & Management•1 minute
What is Customer Loyalty & Advocacy?•16 minutes
What is the Customer Service Process & Tools?•28 minutes
What are the Customer Service Skills?•5 minutes
Introduction to lesson: Supply Chain & Logistics•1 minute
What is a Supply Chain & What are its components?•21 minutes
What is Supply Chain Planning & Optimisation?•19 minutes
What are the Supply Chain Skills?•3 minutes
Capstone Explainer Video•2 minutes
Course Closure•10 minutes
4 readings•Total 102 minutes
PDFs of Lesson: Customer Service Management•10 minutes
PDFs of Lesson: Supply Chain & Logistics•30 minutes
Capstone Assignment (Ungraded)•60 minutes
Tell us what you think!•2 minutes
3 assignments•Total 120 minutes
Quiz: Customer Service Management, Supply Chain & Logistics•60 minutes
Quiz: Customer Service Management•30 minutes
Quiz: Supply Chain & Logistics•30 minutes
Instructor
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Established in 1958, the Indian Institute of Technology Bombay has become an authority in higher education, climbing the ranks to become India’s #1 university.
The institute is recognized worldwide as a leader in the field of engineering education and research. Reputed for the outstanding calibre of students graduating from its undergraduate and postgraduate programs, the institute attracts the best students from the country for its bachelor’s, master’s and doctoral programs. Research and academic programs at IIT Bombay are driven by an outstanding faculty, many of whom are reputed for their research contributions internationally.
IIT Bombay also builds links with peer universities and institutes, both at the national and the international levels, to enhance research and enrich its educational programs. The alumni have distinguished themselves through their achievements in and contributions to industry, academics, research, business, government and social domains.
Do I need prior business experience to take this course?
No prior experience is required for this online business management course. Basic business knowledge is helpful, but a passion for learning is key.
When will I have access to the lectures and assignments?
To access the course materials, assignments and to earn a Certificate, you will need to purchase the Certificate experience when you enroll in a course. You can try a Free Trial instead, or apply for Financial Aid. The course may offer 'Full Course, No Certificate' instead. This option lets you see all course materials, submit required assessments, and get a final grade. This also means that you will not be able to purchase a Certificate experience.
What will I get if I purchase the Certificate?
When you purchase a Certificate you get access to all course materials, including graded assignments. Upon completing the course, your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile.
Is financial aid available?
Yes. In select learning programs, you can apply for financial aid or a scholarship if you can’t afford the enrollment fee. If fin aid or scholarship is available for your learning program selection, you’ll find a link to apply on the description page.