International Simulation Games in Media Management
Since 2015, the Chair of Marketing and Media has regularly participated in an international business game in the summer semester with students of the Master of Media Management, which is organized by partner universities of the DukeNet network.
This involves a one-week intensive program at a partner university, during which students play a web-based business game against each other in international groups. Students can receive credit for their participation in the game as part of the “Marketing and Media Research” project module.
MarkStrat is a web-based simulation game that was developed in France in the 1970s by Jean-Claude Larréché and Huber Gatignon and has been further developed by Larréché's company StratX since the 1980s.
In the simulation, students compete against each other in small international groups. They replace marketing in a fictitious company and have to position their own products ("brands") on the market with the help of strategic decisions along the marketing mix in such a way that they become the leading company. The groups have a wide range of tools and information at their disposal in order to use the annual marketing budget allocated to them as efficiently as possible.
brandY is a strategic brand management game developed by DukeNet in cooperation with Bauhaus-Universität Weimar, as part of an ERASMUS+ project since 2020.
The web-based simulation addresses the requirements and challenges of modern brand management and students compete in international groups with their brands. Key concepts such as the consumer journey, brand touchpoints, persona and brand loyalty are taught and the groups have to develop their brand in various stages to suit the target group.
Recap of MarkStrat '22 (Valencia)
Valencia-Video-Summaery
from Timo Janson
Click the Play button to load and view external content from Vimeo.com.
Automatically load and view external content from Vimeo.com (You can change this setting at any time via our »Data protection policy«.)