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Entrepreneurial and Innovative Marketing

Unit Code: HEI731




Duration

Contact Hours

Campus

Prerequisite

Corequisite

One Teaching Period

36 hours

Hawthorn

HEI631 New Venture Marketing

Credit Points: 12.5 Credit Points


Aims & Objectives:

This unit will introduce the concept of entrepreneurial marketing and integrated marketing communications in entrepreneurial ventures. It continues from HEI 631 New Venture Marketing, and integrates creating, winning and retaining customers in high-growth businesses. The unit forms part of stage 2 of the MEI, planning and managing rapid growth.

On completion of this unit students should be able to:
  • demonstrate the development and implementation of integrated marketing communications to acquire and retain niche markets
  • apply theoretical models and understanding to their own environment and situations
  • critique, defend and apply the various facets of entrepreneurial marketing practice
  • apply creative and innovative solutions.

Teaching Methods:

Classroom, and online delivery, via a combination of presentations, discussions, case studies, practical activities and, where appropriate, experiential activities. Incorporating ongoing innovative entrepreneurship teaching pedagogies.

Assessment:

Participation (in class graded activity) 15-25%
Individual project and presentation 35-45%
Group project and presentation 35-45%

Generic Skills Outcomes:

Swinburne University of Technology works to produce higher education graduates who are capable in their chosen profession. Learners bring to Swinburne University of Technology a diverse wealth of experiences and graduate with individual understandings, abilities and attitudes.

Within this context it is the intent of unit HEI731 Entrepreneurial and Innovative Marketing that students develop the following key generic skills:
  • Marketing skills
  • Leadership skills
  • Teamwork skills
  • Analysis skills
  • Problem solving skills
  • Communication skills
  • Ability to tackle unfamiliar problems
  • Ability to work independently

Content:

  • Fundamental concepts, issues and debates of entrepreneurial and innovative marketing
  • Key economic theory relative to entrepreneurial marketing
  • Models of entrepreneurial and innovative marketing
  • Models of integrated marketing communications
  • Creating, winning and retaining customers
  • Services marketing and the service profit chain
  • New trends, new media, new opportunities
  • Social marketing initiatives, including viral, buzz and network marketing
  • Low-cost innovative marketing, including podcasts, blogs, online advertising, direct marketing and guerrilla marketing
  • Applied creativity and innovation
  • Synergistic sales activities

Textbooks:

Appropriate texts are being evaluated

References:

A set of current and relevant readings will be developed