IB94I-15 Creating Value with Marketing Experience
Introductory description
The module is focusing on the critical role of experiential marketing in today's competitive
landscape. This module explores how immersive and engaging marketing experiences
can create significant value for customers, enhancing brand loyalty and driving customer
satisfaction. By delving into real-world case studies and innovative strategies, students will
learn how to design and implement effective experiential marketing campaigns that
resonate with target audiences, ultimately fostering deeper emotional connections and
sustainable business growth.
Module aims
Challenge thinking about the underlying principles of marketing by exploring aspects such as customer experience (CX), servitisation, service innovation and user experience (UX).
Develop knowledge of how consumer needs and expectations translate into activities to enhance the customer experience and add value.
Develop knowledge of international contexts and how these allow organisations to enhance customer experience.
Understand how to assess customer expectations in context and to develop and deliver activities that meet those expectations.
Develop understanding of effective monitoring and measurement techniques that improve customer experience.
Outline syllabus
This is an indicative module outline only to give an indication of the sort of topics that may be covered. Actual sessions held may differ.
Indicative syllabus:
Creating experience-led value propositions
The international market and its implications for customer expectation
Customer Journey Mapping
Customer Insight
Creating a customer-centric culture
Customer Relationship Management
Service Innovation
User Experience
User experience and multichannel management
Business purpose: aligning employee engagement, customer experience and corporate sustainability
Learning outcomes
By the end of the module, students should be able to:
- Understand the central arguments of service science and customer experience and critically evaluate their role, usefulness and applicability in a marketing and business context.
- Demonstrate understanding of the theory of marketing and how it can be applied to the marketing of service.
- Demonstrate how service innovation contributes to the overall impact of marketing strategies and initiatives.
- Demonstrate understanding of user experience and how it can be applied to creating value in the customer experience.
- Critically evaluate the principles and theory underpinning service marketing and customer experience.
- Learn to apply and critically evaluate the concepts, tools and frameworks for analysing services and customer experience.
Indicative reading list
As an emerging area, there will be no core text for this module. However, readings will be selected from relevant top class academic journals and credible industry literature.
Examples include
Pine, B.J. and Gilmore, J.H. (1998). Welcome to the experience economy. Harvard Business Review, 76, 97-105.
Reichheld, F.F. (2003). The one number you need to grow. Harvard Business Review, 81(12), 46-55.
Vargo, S. L., & Lusch, R. F. (2004). Evolving to a new dominant logic for marketing. Journal of Marketing, 68(1), 1-17.
Verhoef, P.C., Lemon, K.N., Parasuraman, A., Roggeveen, A., Tsiros, M. and Schlesinger, L.A. (2009). Customer experience creation: Determinants, dynamics and management strategies. Journal of Retailing, 85(1), 31-41.
Lemke, F., Clark, M. & Wilson, H. (2011) Customer experience quality: An exploration in business and consumer contexts using repertory grid technique. Journal of the Academy of Marketing Science, 39, 846-869.
Macdonald, E.K., Wilson, H. & Konus, U. (2012) Better customer insight – in real time. Harvard Business Review, 90(9), 102-108.
Champniss, G., Wilson, H. & Macdonald, E. (2015). Why your customers’ social identities matter. Harvard Business Review, 93(1/2), 88-96.
Lemon, K.N. and Verhoef, P.C. (2016) Understanding customer experience throughout the customer journey. Journal of Marketing, 80(6), 69-96.
Macdonald, E., Kleinaltenkamp, M. & Wilson, H.N. (2016). How business customers judge solutions: solution quality and value in use. Journal of Marketing, 80(3), 96-120.
Subject specific skills
Understand how to apply a range of practical frameworks in order to create value through service and customer
experience.
Diagnose the extent to which a corporate culture is experience-led.
Demonstrate specific experience-management skills including use of consumer insight data and customer journey mapping.
Demonstrate an ability to apply emerging theoretical approaches to practical customer experience challenges.
Transferable skills
Written communication.
Study time
Type | Required |
---|---|
Other activity | 27 hours (18%) |
Private study | 51 hours (34%) |
Assessment | 72 hours (48%) |
Total | 150 hours |
Private study description
51 hours private study
Other activity description
This module will be split as two hours face-to-face workshops and one online lecture hour per week. The lecture hour may be live, or may be prerecorded, or as asynchronous tasks with either online or face-to-face support
Costs
No further costs have been identified for this module.
You do not need to pass all assessment components to pass the module.
Assessment group A2
Weighting | Study time | Eligible for self-certification | |
---|---|---|---|
Assessment component |
|||
Individual Assignment (15 CATS) | 100% | 72 hours | Yes (extension) |
Reassessment component is the same |
Feedback on assessment
feedback via my.wbs
Courses
This module is Optional for:
- Year 1 of TIBS-N500 MSc in Marketing and Strategy