Course: Product and Brand Management credits: 5

Course code
LBVB24PBM1C
Name
Product and Brand Management
Study year
2025-2026
ECTS credits
5
Language
English
Coordinator
M. Soltanifar
Modes of delivery
  • Education
Assessments
  • Assignment - Assignment

Learning outcomes

Successful students should be able to:
 
  • Understand how enterprises create value by applying business model thinking and how strategic differentiation links to innovation and positioning;
  • Identify and discuss technological, financial, and organizational obstacles that have to be overcome to bring an invention to the market;
  • Recognize the role marketing plays in the early stages of product innovation and a range of product development opportunities that can exist resulting from it;
  • Understand the contribution market research can make to the new product development process;
  • Recognize that the technology intensity of the industry considerably affects the NPD process
  • Explain the major components of a brand and discuss their importance and relationship to rebranding;
  • Plan, develop and organise a brand marketing programme which is a guide to make decisions for current real life strategic and tactical (international) business cases.

LO: TWM15-3; TWM 16-3; TWM17-3

Content

Product Management & Brand Management

Imagine you're walking down a street. Everywhere you look you see products and company logos. But how do you differentiate between the ordinary and the exceptional? It's the power of branding that elevates a product from a mere commodity to a much sought-after status product, that's trusted and relied upon by consumers.

In this course, you will learn how to manage new product development processes and all about what constitutes a strong brand. You will learn about the art and importance of designing an engaging brand, that goes beyond selling products but offers experiences, promises, and relationships, both in the digital as well as the offline world.

PART I: THEORETICAL FOUNDATIONS OF NEW PRODUCT DEVELOPMENT PROCESS
  • Business models, look at historical approaches and new business models emerging out of digital technologies
  • Market adoption and technology diffusion and the speed of technological disruption
     
PART II: NEW PRODUCT DEVELOPMENT PROCESS & DIGITALIZATION
  • New product development and related stages, various models, theory versus practice
  • Market research and its influence on new product development, considering data overload and ethical issues in data gathering
  • Managing the new product development process and strategic management decisions to be taken

Part III: STRATEGIC BRAND MANAGEMENT: AN INTRODUCTION
  • Chapter: Brands and Brand Management

Part IV: DEVELOPING A BRAND STRATEGY
  • Customer-Based Brand Equity and Brand Positioning
  • Brand Resonance and Brand Value Chain

Part V: DESIGNING AND IMPLEMENTING BRAND MARKETING PROGRAMS
  • Choosing Brand Elements to Build Brand Equity.
  • Branding in the Digital Era

PART VI: GROWING AND SUSTAINING BRAND EQUITY
  • Managing Brands Over Time

This course contributes to:
  • Entrepreneurship Line, in particular develops Entrepreneurial Mindset among students as it involved high level of creativity and innovative ways of thinking;
SDG 11: Responsible Production and Consumption