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In this Issue:

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Alumni Benefits:
American Marketing Association (AMA) Fordham Workshops

Professors Hooman Estelami, Sarah Maxwell and Dawn Lerman have been invited to lead upcoming American Marketing Association (AMA) workshops (www.marketingpower.com). Fees for the workshops are $139 for AMA members, and $159 for non-members. There is also a preferred executive rate for $149. Click here for registration.

The first workshop, “Marketing Turnarounds” (link to upcoming events), is scheduled for December 4.This workshop is based on Estelami’s recently published book, Marketing Turnarounds: A Guide to Surviving Downturns and Rediscovering Growth (Dog Ear Publishing, 2009) www.marketingturnarounds.com. Estelami, a professor of marketing at Fordham, believes that, in light of the recent turbulent markets and the general economic slowdown, marketing managers need to identify approaches for facilitating efficient and rapid turnarounds for their brands. This workshop will expose participants to marketing tactics and strategies focused on rediscovering growth in stagnant or shrinking markets.

During this session, audience members will develop an understanding of the dynamics of markets during downturns and the associated buyer psychology; gain exposure to marketing tools used to prioritize products and customers during downturns; and learn pricing and advertising approaches that work during downturns.

The second workshop, “Pricing Strategy for the Marketing Professional,” is hosted by Sarah Maxwell, an associate professor of marketing at Fordham. It is scheduled for mid-January. Small changes can have huge effects on profits. For example, in a large company, a one percent price change can yield a net income gain or loss of 12 percent. Many marketers, however, have only a vague understanding of pricing strategy, although the value of a brand image is that it can command a higher price.

This workshop will increase participants’ understanding of how customers perceive prices and make economic decisions. Attendees will examine pricing strategy from both economic and psychological perspectives; explore the benefits and legality of price discrimination; and analyze a case study to apply the concepts and methods developed in the workshop.

Two AMA-Fordham webinars will also be broadcast online. The topics will be “Fundamentals of Marketing Research” and “Strategic Marketing Planning for 2010.” The web conferencing service allows up to 150 participants, who will be able to engage the instructor in a Q&A session.

For more information about the workshops and the webinars, visit www.marketingpower.com or e-mail estelami@fordham.edu.

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Dean’s Forum

Each day I realize what the Graduate School of Business Administration has accomplished since I was last interim dean in 2005. We have a vibrant, growing alumni outreach program that has engaged thousands through LinkedIn, career events and networking opportunities. We have launched the second full-time cohort MBA program; and we are in our third year of the master’s degree program in quantitative finance. Our efforts have resulted in recognition from prestigious publications such as Forbes, The Wall Street Journal and US News & World Report. These are tremendous advances of which we are all proud.

Click here for the complete article.

up coming event

Fordham Entrepreneurial Learning Forums: Structuring Financial Projections for Business Plans, Raising Capital and More

Marketing Turnarounds

Fordham Entrepreneurial Learning Forums: Part II, Advanced Structuring of Financial Projections for Business Plans, Raising Capital and More

Pricing Strategy for the Marketing Professional

Multi-School MBA Job Fair

Fordham Entrepreneurial Learning Forums: How to Conduct Market Research for Business Plans, Launching New Ventures

Fordham Institute for Family and Private Enterprise: Next Generation Business Risk Reduction Techniques- Cost Savings & Wealth Creation

Third Annual World Wise Network Alumni Reception

Fordham Institute for Family and Private Enterprise: Leadership Skills for Middle Market Business Owners and Key Executives

Fordham Entrepreneurial Learning Forums: What Do Investors Look For?

New Product Development in Turbulent Markets

Fordham Entrepreneurial Learning Forums: How to Use the Internet/Web’s Latest Technologies and Methods to Drive Sales and Build Your Business

Marketing Financial Services in a Downturn

benefits
 

On February 24, 2010, the Graduate School of Business Administration will host the Third Annual World Wise Network Alumni Reception at Fred’s at Barneys. The past two years, more than 100 alumni have attended each event and mingled with board members, administrators, recent grads and experienced alumni. We hope that this year is an even greater success! For more information about upcoming WWN events, please contact Stephanie Cziczo at cziczo@fordham.edu.