Course Title: Marketing Analytics
Part A: Course Overview
Course Title: Marketing Analytics
Credit Points: 12.00
Course Coordinator: Ashish Kumar
Course Coordinator Phone: +61 3 9925 0172
Course Coordinator Email: firstname.lastname@example.org
Course Coordinator Location: Building 80
Course Coordinator Availability: via appointment
Pre-requisite Courses and Assumed Knowledge and Capabilities
Required Prior Study:
Course ID 008953 Marketing Principles;
Course ID 008961 Market Research
Achieving the ultimate goal of any marketing strategy, “delivering the right message to the right audience at the right time,” remains a distant dream for marketers. However, with increasing access to a wide variety of marketing data, firms can take a data-driven approach to formulate marketing strategies that are more scientific and number-driven. The objective of this course is to develop marketing strategies using data-driven marketing approaches. The course will introduce various tools and techniques of marketing analytics to generate marketing insights from data. Through the lenses of marketing analytics, you will analyse consumers’ online and offline behaviour to maximize firm value and precisely quantify the return of marketing investment. With the growing role of data in marketing, this course will help you answer these following marketing questions: what data/numbers are important, how to use data to tell a brand story, optimize marketing goals, and quantify the return on investment.
Objectives/Learning Outcomes/Capability Development
Upon successful completion of this course, you will be able to:
CLO1: Analyse the role of data and related technologies (data collection, data management systems, data visualization, and data analysis) in marketing decision-making.
CLO2: Review different types of marketing data in managing customer experience.
CLO3: Analyse unstructured marketing data to tell brand stories.
CLO4: Run field experiments for causal inference.
CLO5: Apply marketing mix and attribution models to calculate marketing ROI.
Overview of Learning Activities
In this course you will be encouraged to be an active learner. You will be supported by various learning activities.
The course will expose you to various primary and secondary marketing data used for data-driven marketing decision-making. The course will use real-world examples, practical assignments, and business projects that allow you to understand the role of these marketing data in improving marketing outcomes, quantify marketing return on investment, and increase marketing campaigns' effectiveness via attribution modelling.
Overview of Learning Resources
Various learning resources are available online through MyRMIT Studies/Canvas. The lecture notes and workshop notes are posted on Canvas.
RMIT Library provides extensive resources, services and study spaces. All RMIT students have access to scholarly resources including course related material, books, e-books, journals and databases.
Computers and printers are available at every Library. You can access the Internet and Library e-resources. You can also access the RMIT University wireless network in the Library.
Contact: Ask the Library for assistance and information on Library resources and services: http://www.rmit.edu.au/library. Study support is available for assistance with assignment preparation, academic writing, information literacy, referencing, maths and study skills. Additional resources and/or sources to assist your learning will be identified by your course coordinator and will be made available to you as required during the teaching period.
Overview of Assessment
The assessment tasks, their weighting and the course learning outcomes to which they are aligned are as follows.
Assessment Task 1: 30%
Linked CLOs: 1, 2, 3,
Assessment Task 2: 35%
Linked CLOs: 2, 3, 4,
Assessment Task 3: 35%
Linked CLOs: 1, 2, 3, 4, 5