1
Role, missions, and skills of the product manager
- Definitions of marketing.
- New concepts in marketing: Toward interactive marketing.
- The marketing approach: Market, needs, products, segmentation, targeting, positioning, marketing mix.
- Scope of marketing.
- Different types of marketing: Product, relationship-based, one-to-one, interactive.
- Viral communication.
- Job definition. The versatility of the product manager. Changes to the profession.
- Three key missions: Analyzing, recommending, implementing.
- Key factors to success.
Hands-on work
Brainstorming about the product manager's various tasks.
2
A genuine internal and external interface
- Product manager: A team motivator.
- Marketing-sales synergy: Best practices.
- The advertiser-agency relationship.
- The agency brief: Funnel method.
- Evaluation grid after the brief.
Hands-on work
Group discussions about existing practices in marketing/sales relations within companies and seeking ways to optimize them.
3
Knowing your market
- Analyzing the company's environment: PESTEL. Macroeconomic analysis.
- The marketing plan.
- Different sources of monitoring.
- Looking for external issues.
- Analyzing and classifying competitors.
- Analyzing Porter's forces.
- Each competitor's profile.
- Benchmarking or calibration.
Hands-on work
Analysis of Porter's forces in the context of each trainee's company. Discussions.
4
Collecting information
- Internal and external sources of information.
- Choosing the type of study.
- Qualitative and quantitative studies.
- Permanent panels: Usefulness and usage methodology.
- Customer satisfaction studies.
- Documentary, marketing, and customer satisfaction studies, usage tests, audience studies.
5
Diagnosing the product
- Pareto analysis of the customer portfolio.
- The BCG matrix (Boston Consulting Group).
- Analyzing the product's life cycle.
- The performance monitoring dashboard.
- Summary of internal and external analysis: SWOT.
Hands-on work
Based on a case study, create a BCG and SWOT matrix.
6
Crafting the marketing strategy
- Setting strategic goals. SMART goals.
- Defining your goals by product/segment pair.
- Product strategies during the life cycle.
- The segmentation phase: BtoB and BtoC criteria.
- RFM segmentation (Recency, Frequency, Monetary value).
- The targeting phase: Choice criteria, possible strategies.
- Positioning: Definition, positioning criteria.
- Positioning opportunities. Types and mapping.
- Choosing what business to develop, maintain, and abandon.
- Analyzing a market's appeal. The McKinsey model.
Hands-on work
Creating a positioning map. Selecting segmentation criteria and presenting your segmentation based on total population (supply and/or demand segmentation).
7
Becoming proficient in the marketing mix
- The mix: Consistency and optimization of the mix.
- Defining product quality assessment criteria.
- Product life cycle curve.
- Identifying characteristics of the product mix.
- Studying the brand: Different types, functions, protection.
- Price-setting strategy.
- Price-influencing factors.
- Calculating the elasticity coefficient, the acceptance price, the break-even point, and the profitability threshold.
- Evaluating the sales networks. Making the product available to the end consumer.
- Selecting a distribution network. - The distribution contract.
- Different tools and communication methods.
- Conducting promotions: Street marketing, public relations, athletic sponsorship, arts patronage, etc.
- Communication by the sales force: Creating the sales kit.
Hands-on work
Crafting a mix in sub-groups based on one or two concrete cases offered by trainees.
8
Building the marketing plan
- Determining the contents of the marketing plan.
- Defining one- and three-year goals.
- Presenting and planning action plans.
- Putting the plan into operation.
- Tracking and controlling actions: Preparing your dashboard.
- Putting corrective actions in place.
Hands-on work
Working on crafting a marketing plan.