Course Objective
This course will enable the students to master the art of budgeting in advertising and event management, utilising various methods and techniques to forecast sales accurately and effectively manage events.
Course Outcomes (COs):
Understanding the Need and Purpose of Budgets
Advertising Budget Considerations: Process and Presentation
Key Profit Indicators and Budget Reorganisation
Various Methods of Budgeting: Affordable, Arbitrary, Market Share, etc.
Factors Influencing Budgets, including Monetising Digital Efforts and Platforms
Sales Forecasting Methods: Composite Sales Opinion, Executive Opinion, etc.
Factors Governing Sales Forecasting and Market Analysis
Understanding Events: Nature, Characteristics, and Utility
Event Planning: Budgeting, Target Audience, Permissions, and Management
Event Marketing and Promotion Strategies
Event Management Agencies: Private and Public, Crisis Management, and Handling Crisis Indicators
Essential Readings:
Batra, R., Myers, J., & Aaker, D. A. (1997). Advertising Management. Delhi: Prentice Hall of India.
Pongiannan. (2012). Advertising and Brand: Principles and Case Studies. Delhi: New Century Building Publications.
Steenkamp, J.-B. E. M. (2017). Global Brand Strategy. New York: Palgrave.
Sharp, Byron. (2016). How Brands Grow. Oxford University Press.
Suggested Readings:
Kotler, P., & Armstrong, G. (2020). Principles of Marketing. Pearson.
Duncan, T., & Moriarty, S. (2019). Advertising & IMC: Principles and Practice. Pearson.
Wilson, D. T., & Gilligan, C. (2019). Strategic Marketing Management: Planning, Implementation and Control. Routledge.
Allen, J., & O'Toole, W. (2018). Events, Feasts, and Celebrations. Routledge.
Bowdin, G., Allen, J., O'Toole, W., & Harris, R. (2020). Events Management. Routledge.
E-Resources: