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My basic teaching philosophy for this course is to blend the theory and practice of
product and brand management in a comfortable, supportive classroom environment that
promotes active learning. A good theory is invaluable because it structures problems and
suggests possible solutions. My view is that the most critically important
consideration in branding is understanding the customer, hence many theories
covered will be from a consumer behavior perspective.
Branding is both an art and a science. Thus, few branding situations have a definitive,
unqualified answer as to the “best” marketing programs. Yet, my belief is that by
providing you with relevant and comprehensive theories, and all the accompanying ideas,
concepts, mechanisms, and models that go along with that, you can make more informed
decisions that will have a greater probability of success.
The course readings and activities are designed to help blend theory and practice. The
textbook will cover the basic concepts and theoretical frameworks. Additional readings
will supplement these theories and provide current thinking on key topics. Cases will
allow us to apply these theories to real marketing problems. Guest speakers will be used
to illustrate current brand issues and the tension between theory and practice.
Course Requirements and Evaluations
Possible
Component Points
Individual: 200
♦ Exam 1 75 points
♦ Exam 2 75 points
♦ Case Quizzes 25 points
♦ Course Participation 25 points
The grading scale is A = 90% and above, B = 80-89%, C = 70-79%, D = 60-69%, and
F = less than 60%.
Exams
There will be two exams worth 75 points each. The objective of the exams is to test your
learning in the course and allow you to demonstrate your ability to independently apply
the frameworks and constructs we’ve discussed. The exams will consist of multiple-
choice questions and short answer questions. Exam 1 is February 20. Exam 2 is March
27.
Note that the exam will cover material from lectures and guest speakers. Assigned
readings and cases should be reviewed to reinforce the topics covered in lectures.
Case Quizzes
The case method will be heavily emphasized in this course. The amount you learn from a
case depends on how carefully you read it and how well you analyze it. Read each case
thoroughly and come to class ready to contribute to discussions, just as though you were
preparing for a big meeting at work. Don’t be passive; don’t expect somebody else in the
class to do the analysis or come up with that great solution to the firm’s problems. At the
end of the syllabus, a set of study questions is provided for each case to help focus
your preparation effort. Please read these carefully before reading a case. These
will not always cover every issue, but they will give you a good basis for discussion.
Course Participation
"Course participation" does not just mean "the amount of time you talk in class" - it
means participation in the class as a whole. Thus, there are actually many ways to
improve your participation grade:
Bug me with things you don't understand. Contact me for clarification on confusing
topics. Not only will this let me know of your sincere interest in the course, but it will
actually increase your chances of a good grade on the written work.
Resume. To help me learn more about you and your interests, a one-page resume is due
on the third class day, Jan. 23. Please either bring to class or E-mail the TA.
Brand Audit
Students will form brand management teams (5 members) to work on this project. Your
assignment is to take a brand and conduct a brand audit. Every team must study a
different brand, and brands are assigned on a "first come, first serve" basis. A good
source of possible brands is Interbrand list (“Best Global Brands,” Feb. 20). The idea
behind the brand audit is to have students conduct an in-depth examination of a major
brand of their choosing. The goal of the brand audit is to assess its sources of brand
equity and suggest ways to improve and leverage that brand equity. Brand audits are
made up of brand inventories (comprehensive summaries of a firm’s marketing and
branding program) and brand exploratories (in-depth consumer profiles). More details
are provided in Chapter 10 of the textbook.
The formal requirements for the brand audit project are two progress reports and a final
paper and presentation, as follows:
Each of you will be asked to evaluate the contribution of your team peers at the
conclusion of the course. These evaluations will be used in determining project
evaluations. Each student will receive a team project grade that is proportionate to
their participation, as assessed by other team members.
Conduct
Policy on Scholastic Dishonesty: The McCombs School of Business has no tolerance for
acts of scholastic dishonesty. The responsibilities of both students and faculty with
regard to scholastic dishonesty are described in detail in the Policy Statement on
Scholastic Dishonesty for the McCombs School of Business.
By teaching this course, I have agreed to observe all of the faculty responsibilities described in that
document. By enrolling in this class, you have agreed to observe all of the student responsibilities
described in that document. If the application of that Policy Statement to this class and its assignments is
unclear in any way, it is your responsibility to ask me for clarification. Policy on Scholastic Dishonesty:
Students who violate University rules on scholastic dishonesty are subject to disciplinary penalties,
including the possibility of failure in the course an/or dismissal from the University. Since dishonesty
harms the individual, all students, and the integrity of the University, policies on scholastic dishonesty will
be strictly enforced. You should refer to the Student Judicial Services website at
http://www.utexas.edu/depts/dos/ or the General Information Catalog to access the official University
policies and procedures on scholastic dishonesty as well as further elaboration on what constitutes
scholastic dishonesty.
Special Needs. The University of Texas at Austin provides upon request appropriate
academic accommodations for qualified students with disabilities. For more information,
contact the Office of the Dean of Students at 471-6259, 471-4641 TTY.
Final Thoughts
We must treat each other with the professionalism and respect required of us in our
careers. Don't expect the CEO (namely me) to look kindly on absences or under-
preparation caused by other commitments in your life. Also I’m happy to make an
appointment if you cannot attend my office hours, but please do not stop by my office
unannounced and expect me to drop everything. I will return the consideration by
returning assignments quickly, by offering as much feedback as possible, and by being
accessible for questions whenever possible (in person, by e-mail, by phone).
MKT 372 Brand Management Schedule
Jan. 14 Introduction
Chapter 1, Strategic Brand Management (pp. 2-14, 30-38)
Feb. 20 EXAM 1
March 27 EXAM 2
April 1 TBA
April 3 Managing Brands Over Time: Repositioning
“P&G Tries to Hide Wrinkles in Aging Beauty Fluid,” WSJ, May 16, 2000
1) What were the key associations for Levi’s circa 1960? What makes up its brand equity?
2) What were the key associations for Levi’s 501 Blues circa 1986? What is the role of their
flagship 501 jeans product?
3) What were the key associations for Levi’s Dockers circa 1990?
4) How have the associations of Levi Dockers affected the brand equity of Levi’s? How has
it affected the branding of Levi’s 501 Blues today? What future branding
recommendations would you make to Levi’s?
2) Justify answer.
i. Perceptual maps
ii. Acceptor/rejector focus groups
iii. Mock store study
3) Where, how, and for whom does this technology create/destroy value? For example, loyal
Coke customers, cola switchers, loyal Pepsi customers?
4) What is price discrimination and when does it work? What is the role of perceptions of
fairness?
“Exploring Brand-Person Relationships: Three Life Histories”
(Harvard 9-596-093)
1) Think about the life stories of our three informants and the quotes regarding the brands
they use. Is it appropriate to say that these consumers have formed relationships with the
brands they know and use? In what ways yes, in what ways no?
2) Identify the similarities and differences in brand relationships between Jean, Karen, and
Vicki.
3) Which brand relationships in the case would you describe as especially strong and
enduring? What makes you describe these as “strong?” If you wanted to measure the
strength or quality of a brand relationship, what questions would you ask the consumer?
4) What actions by a brand manager could enhance brand relationship quality? What action
could dilute brand relationship quality?
a. Analyze the environment that has led to Prusak’s decision to reposition Dewar’s.
b. What are some of the risks and reward associated with this decision?
3) Should Dewar’s also consider new products as a growth mechanism? Recommend some
possible new products.