Course Description:
In the past, market competitiveness was determined by the quality and price of goods and services. However, traditional market entrance strategy previously taught in business schools is not valid in the 21st century. Today, competitiveness is primarily driven by the competency of firms in brand and new market creation. This course is designed to help students adapt to the changed business environment and new social impacts. The course particularly highlights firms’ development of efficient and effective brand communication mechanism. Successful businesses are driven by motivation, contents, and even branding and marketing strategies from customers. Goods and services incorporating customers’ needs, emotions, and values are gaining popularity in the market. Students are therefore invited to participate in diverse group activities designed to help them develop skills in re-branding and building new business models by applying similar cultural codes, value systems, and life patterns in the global market.
Ethical Implications
Thirteen years ago, rigorous insight, differentiated strategy, and breakthrough creativity were the only means of creating principled businesses with lasting positive social impact and profits. Now, mainstream sustainable enterprise is increasingly being recognized as a platform for innovation and growth with the ethical philosophy of brands. In light of such developments, we need to discuss how to build a good brand story for new marketing strategy.
What is a good brand and bad brand? Many companies today want to create good brands to improve their brand asset.
Consumption is one of life's great pleasures. Buying things we crave, traveling to beautiful places, eating delectable food: icing on the cake of life. But too often the effects of our blissful consumption make for a sad story. Giant cars exhaling dangerous exhaust, hog farms pumping out noxious pollutants, toxic trash piling into poor neighborhoods—none of this would exist if there wasn’t something to sell.
Course Objectives:
Upon successful completion of the course, students will be able to (1) understand new market trends and changes in marketing strategies, (2) explore brand management based on fundamental principles and theories, and (3) create new brand and market strategies.




