Marketing in a Digital World

University of Illinois at Urbana-Champaign via Coursera

Go to Course: https://www.coursera.org/learn/marketing-digital

Introduction

**Course Review: Marketing in a Digital World on Coursera** In the rapidly evolving landscape of marketing, understanding the impact of digital tools is more crucial than ever. Coursera's "Marketing in a Digital World" course provides an insightful and comprehensive exploration of how Internet innovations, smartphones, and 3D printing are transforming marketing practices for both firms and consumers. With over 500,000 learners enrolled and recognition from Class Central as one of the Top 50 MOOCs of all time, this course stands out as a leader in the field. ### Course Overview At its core, "Marketing in a Digital World" is designed to equip learners with the knowledge necessary to navigate the digital revolution. The course focuses on four key elements of the marketing mix—product, promotion, placement, and price—and how digital tools are reshaping each of these components. ### Learning Objectives By enrolling in this course, you’ll have the opportunity to: - **Grasp the Transformative Role of Digital Tools**: Understand how digital innovations are empowering consumers and allowing them to play a more active role in product development and promotion. - **Adapt to Changing Marketing Strategies**: Learn about the new approaches to product distribution and pricing strategies influenced by digital tools. ### Detailed Syllabus Breakdown 1. **Course Overview and How Digital Tools Are Changing Product** - The introductory module sets the stage for your journey into digital marketing. You’ll connect with your instructor and classmates while exploring how digital tools enable consumers to engage in product development and sharing. This foundational knowledge prepares you for the upcoming modules, emphasizing collaboration and active participation in the market. 2. **How Digital Tools Are Changing Promotion** - This module dives into how digital platforms are changing the dynamics of promotions. You'll discover how social media, online advertising, and content marketing enable consumers to contribute to promotional efforts. Expect to gain insights into user-generated content, influencer marketing, and the shifting responsibilities of brands in communication with consumers. 3. **How Digital Tools Are Changing Placement** - Explore the alteration of product distribution channels and the retail landscape in this module. With the rise of e-commerce and direct-to-consumer models, you will learn how businesses are leveraging digital tools to optimize their placement strategies. This segment highlights the importance of data analytics in understanding consumer behavior and improving logistical operations. 4. **How Digital Tools Are Changing Price** - This final module focuses on pricing strategies in a digital world. You'll learn about dynamic pricing, the influence of consumer feedback on pricing decisions, and the role of digital platforms in price transparency. This knowledge will be invaluable as you learn to navigate the complexities of pricing in the age of cyberspace. ### Recommendation "Marketing in a Digital World" is a perfect choice for anyone looking to deepen their understanding of current marketing practices influenced by digital innovations. Whether you are a marketing professional aiming to update your skills, a business owner seeking to enhance your digital strategy, or a student interested in starting a career in marketing, this course offers valuable insights and practical tools applicable across a wide range of scenarios. In conclusion, given its popularity, robust course structure, and relevance in today’s digital-first economy, I wholeheartedly recommend "Marketing in a Digital World." Enroll today to stay at the forefront of marketing trends and learn how to effectively engage with today’s tech-savvy consumers.

Syllabus

COURSE OVERVIEW AND HOW DIGITAL TOOLS ARE CHANGING PRODUCT

In this first module, you will become familiar with the course, your instructor, your classmates, and our learning environment. In this module, you will learn how new digital tools are enabling customers to take a more active role in developing and sharing products.

HOW DIGITAL TOOLS ARE CHANGING PROMOTION

In this module, you learn how new digital tools are enabling customers to take a more active role in promotion activities.

HOW DIGITAL TOOLS ARE CHANGING PLACEMENT

In this module, you learn how new digital tools are altering the distribution of products and revolutionizing the retail landscape.

HOW DIGITAL TOOLS ARE CHANGING PRICE

In this module, you will learn how new digital tools are enabling customers to take a more active role in setting the prices they pay for the products they buy.

Overview

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 na

Skills

Marketing Digital Marketing Marketing Mix Product Strategies Pricing Strategies

Reviews

I am a Head of Marketing, Sales and Terminal Business in a LPG company in Pakistan i am sure my learning through this course will increase my knowledge in skills for maximum operational efficiencies.

A thought provoking course which highlights the benefits of modern digital tools and applies them to marketing theory and how digital tools are changing the landscape of marketing. Highly recommend!

The course is amazing and has all the latest trends in Digital Marketing included. Thing I am missing is the presentation of the more traditional marketing methods as Email Marketing in more detail.

Very informative, but I wish some of the videos and tools were more up-to-date. As we all know, Digital Marketing is constantly updating with new tactics, so even 2-3 years can make a big difference.

This is a good course for people from any industry. Especially learning about how even 3 or 4 years ago successful digital tools require constant innovation to keep up with new trends of end users.