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ENT722

Entrepreneurial Marketing

This course introduces students to the principles of entrepreneurial marketing, focusing on how to apply marketing concepts in entrepreneurial ventures. It explores marketing definitions, concepts, and functions, emphasizing the importance of understanding customer needs. The course covers market segmentation, planning, and the role of advertising and packaging in entrepreneurship. Students will analyze case studies and develop strategies for building successful brands in a competitive environment, equipping them with practical marketing knowledge for launching and growing a business.

About this course

Difficulty
Intermediate
Study hours
208 hours
Maths
None
Content
Theoretical, case study, problem solving
Practical work
Yes
How it is assessed
  • Assignments
  • Tutor marked assessments
  • Final examination

One paragraph, so you can see how it reads

ENT722 · UNIT 1: THE CONCEPT OF MARKETING

For each study unit, which you are expected to spend at least three hours, there are specific objectives. At the end of each unit, measure what you have learnt against the objectives. If there is any deviation go back to the contents of the unit. There are textbooks, which you may go for additional information.

What you should be able to do

  1. Explain and apply the concept of entrepreneurial marketing.
  2. Identify and analyze different forms of business and markets.
  3. Develop effective marketing plans and strategies for entrepreneurial ventures.
  4. Apply market segmentation techniques to target specific customer groups.
  5. Understand the importance of packaging and advertising in entrepreneurship.

What it prepares you for

Careers
  • Marketing Manager
  • Brand Manager
  • Sales Manager
  • Entrepreneur
  • Business Development Manager
Where it is applied
  • Retail
  • E-commerce
  • Advertising
  • Consulting
  • Small Business

Where it gets hard

The units students slow down on, and what makes each one heavy.

  • Module 1: Introduction

    Unit 3: The Core Marketing Functions

    Requires understanding of various marketing concepts and their practical applications, which can be challenging for students without prior marketing experience.

  • Module 3: Entrepreneurial Marketing Strategies

    Unit 10: Bases for Market Segmentation

    Requires understanding of the various market segmentation strategies and their applications, which can be challenging due to the need for analytical and critical thinking.

A suggested way through it

Suggested

13 weeks, about 42 hours in total. Yours will differ.

  1. Week 1Module 1: Introduction
    • Unit 1: The Concept of Marketing · 3 hours

      Define marketing and its conceptual framework.. Examine the production, product, selling, marketing, and societal marketing concepts.. Identify entities that are generally marketed.. Understand Farber's Fundamental Customer Rights..

  2. Week 2Module 1: Introduction
    • Unit 2: Market · 3 hours

      Differentiate between market and marketing.. Analyze the various kinds of markets.. Understand the criteria for successful market segmentation.. Categorize markets into total population, potential market, available market, etc..

  3. Week 3Module 1: Introduction
    • Unit 3: The Core Marketing Functions · 3 hours

      Understand the 5Ps of marketing.. Analyze the basic marketing process.. Discuss the stages of new product development.. Ascertain reasons for product failure and financial evaluation of new product potential..

  4. Week 4Module 2: Entrepreneurship and Development
    • Unit 4: Entrepreneurship · 3 hours

      Define entrepreneurship, development, and entrepreneurship development.. Describe entrepreneurship as a business activity.. Discuss entrepreneurship as an investment.. Understand key concepts like GDP and GNP and how entrepreneurship contributes to them..

  5. Week 5Module 2: Entrepreneurship and Development
    • Unit 5: History of Entrepreneurship and How it Started in Nigeria · 3 hours

      Explore the history of entrepreneurship and its birth in Nigeria.. Identify authors and practitioners in entrepreneurship.. Understand the early and modern stages of entrepreneurship in Nigeria..

  6. Week 6Module 2: Entrepreneurship and Development
    • Unit 6: The Entrepreneurship Development in Nigeria · 3 hours

      Understand past entrepreneurship developments in Nigeria.. Discuss the future of entrepreneurial development.. Identify obstacles to entrepreneurship.. Explore the relationship between entrepreneurship and leadership..

  7. Week 7Module 3: Entrepreneurial Marketing Strategies
    • Unit 7: Entrepreneurial Marketing · 3 hours

      Define entrepreneurial marketing.. Discuss the development of entrepreneurial marketing theory.. Identify the characteristics and dimensions of entrepreneurial marketing.. Differentiate between entrepreneurial and traditional marketing..

  8. Week 8Module 3: Entrepreneurial Marketing Strategies
    • Unit 8: The Importance of Relationship Marketing · 3 hours

      Define relationship marketing.. Identify key factors for relationship marketing.. Understand reasons for relationship marketing.. Explore methods for building relationship marketing..

  9. Week 9Module 3: Entrepreneurial Marketing Strategies
    • Unit 9: Market Segmentation · 3 hours

      Define market segmentation.. Explain service market segmentation strategies.. Examine product market/product differentiation marketing.. Discuss characteristics of effective market segmentation..

  10. Week 10Module 3: Entrepreneurial Marketing Strategies
    • Unit 10: Bases for Market Segmentation · 3 hours

      Compare and contrast bases for market segmentation.. Elucidate the benefits of market segmentation.. Analyze the justification of market segmentation.. Understand the steps in market segmentation..

  11. Week 11Module 4: Marketing Implementation and Analysis
    • Unit 11: Marketing Planning · 3 hours

      Define marketing planning.. Understand the need for marketing planning.. Differentiate between marketing and business plans.. Identify constraints to marketing planning..

  12. Week 12Module 4: Marketing Implementation and Analysis
    • Unit 12: Qualities of a Good Marketing Plan · 3 hours

      Explain the qualities of a good marketing plan.. Itemize the major contents in a marketing plan.. Discuss implementation, evaluation, and control of the marketing plan..

  13. Week 13Module 4: Marketing Implementation and Analysis
    • Unit 13: Forms of Business Ownership · 3 hours

      Identify the forms of business ownership.. Analyze the features of sole proprietorships, partnerships, and joint stock companies.. Discuss the sources of funds for each business ownership type..

    • Unit 14: Packaging and Advertising in Entrepreneurship · 3 hours

      Examine the function and strategies for packaging and advertising as promotional marketing elements in entrepreneurship..

Preparing for the exam

What to do
  • Create concept maps linking marketing concepts from Module 1 to practical applications in Modules 3 and 4.
  • Analyze case studies in Unit 15, focusing on how entrepreneurial marketing strategies were applied and their outcomes.
  • Practice segmenting markets using different bases (demographic, geographic, psychographic) from Unit 10.
  • Develop a sample marketing plan for a hypothetical business, incorporating elements from Units 11 and 12.
  • Review key definitions and characteristics of different business ownership forms from Unit 13, focusing on their implications for marketing.

Questions students ask about this course

What is ENT722 about?

This course introduces students to the principles of entrepreneurial marketing, focusing on how to apply marketing concepts in entrepreneurial ventures. It explores marketing definitions, concepts, and functions, emphasizing the importance of understanding customer needs. The course covers market segmentation, planning, and the role of advertising and packaging in entrepreneurship. Students will analyze case studies and develop strategies for building successful brands in a competitive environment, equipping them with practical marketing knowledge for launching and growing a business.

How many units does ENT722 have?

ENT722, Entrepreneurial Marketing, has 16 units across 2 modules, over 169 pages of course material. You can read it one unit at a time.

How many credit units is ENT722?

ENT722 carries 3 credit units, at 700 level in Management Sciences.

Is ENT722 hard?

ENT722 is rated intermediate level, with no mathematical content. It is mostly theoretical, case study and problem solving work, and it has a practical component.

How long does ENT722 take to study?

About 208 hours of study, spread across its 16 units.

How is ENT722 assessed?

ENT722 is assessed by assignments, tutor marked assessments and final examination.

What can I do with ENT722?

Marketing Manager, Brand Manager, Sales Manager, Entrepreneur and Business Development Manager.

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