Overview
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In this Specialization, you’ll learn how to turn consumer insight into a clear marketing strategy and competitive positioning. You’ll start by learning how marketing creates value and how buyer behavior informs decisions across the marketing mix—product, pricing, channels of distribution, and communication. You’ll use practical frameworks to diagnose business problems, evaluate branding choices (including brand extensions), and select marketing actions that fit the customer and the market.
Next, you’ll go deeper into the marketing mix to make stronger growth decisions. You’ll compare pricing models, evaluate how firms use distribution channels, and strengthen your ability to critique and improve advertising execution. You’ll also learn how to communicate marketing decisions with a structured marketing plan proposal.
Finally, you’ll connect these fundamentals to today’s digital environment. You’ll examine how tools like the Internet and smartphones change what consumers can do and how firms design product, promotion, placement, and pricing in response.
By the end of this Specialization, you will be able to:
Analyze consumer needs and use frameworks to choose a marketing strategy and positioning. Build a marketing plan proposal across product, pricing, channels, and communication. Evaluate branding decisions, pricing options, channel choices, and advertising effectiveness. Apply digital-era thinking to update the marketing mix as consumer behavior evolves.
Syllabus
- Course 1: Developing a Marketing Mix for Growth
- Course 2: Developing a Winning Marketing Strategy
- Course 3: Marketing in a Digital World
Courses
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This course examines how new digital tools, such as the Internet, smartphones, and 3D printing, are revolutionizing the world of marketing by changing the roles and practices of both firms and consumers. Marketing in a Digital World is one of the most popular courses on Coursera with over 500,000 learners and is rated by Class Central as one of the Top 50 MOOCs of All Time (https://www.class-central.com/report/top-moocs/). You will be able to: • Understand how digital tools are changing the nature of marketing • Explain how digital tools allow consumers to take a more active role in product development, promotion, placement, and pricing activities • Obtain a new set of concepts, tools, and stories to enhance your digital marketing efforts This course is part of Gies College of Business’ suite of online programs, including the iMBA and iMSM. Learn more about admission into these programs and explore how your Coursera work can be leveraged if accepted into a degree program at https://degrees.giesbusiness.illinois.edu/idegrees/.
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In this course, you will learn how businesses create value for customers. We will examine the process by which Marketing builds on a comprehensive understanding of buyer behavior to create value. You will learn the major elements of the marketing mix -- product policy, channels of distribution, communication, and pricing -- and see how they fit within different analytical frameworks that are useful to managers. This will enhance your understanding of how marketing works in the business world. You will be able to: • Define marketing and describe how marketing creates value • Describe the elements of the marketing mix • Explain how these elements interact to create value for consumers • Use different analytical frameworks to examine how managers solve business problems • Evaluate brand extensions • Develop a marketing plan proposal This course is part of Gies College of Business’ suite of online programs, including the iMBA and iMSM. Learn more about admission into these programs and explore how your Coursera work can be leveraged if accepted into a degree program at https://degrees.giesbusiness.illinois.edu/idegrees/.
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In this course, you will further examine how businesses create value for customers. In Developing a Winning Marketing Strategy, you learned the major elements of the marketing mix - product policy, channels of distribution, communication, and pricing - and saw how they fit within different analytical frameworks that are useful to managers. In this course, you will complete a more detailed analysis of these elements in order to conduct a thorough strategic analysis of marketing opportunities and to communicate marketing decisions. This will enable you to see “marketing in action” in the business world. You will be able to: • Define all elements of the marketing mix and explain the role each element plays in creating value • Compare different pricing models • Evaluate the use of different channels of distribution by existing businesses • Critique advertising execution • Create a persuasive advertising piece This course is part of Gies College of Business’ suite of online programs, including the iMBA and iMSM. Learn more about admission into these programs and explore how your Coursera work can be leveraged if accepted into a degree program at https://degrees.giesbusiness.illinois.edu/idegrees/.
Taught by
Aric Rindfleisch, Hayden Noel, Maria Rodas and Steve Raquel