Data, Analytics and AI for Marketing Strategy

MKT 511

Lecturer Prof. Dr. Florian Stahl
Contact person Tim Bublies
Course Format Lecture and Exercise
Credit Points 8 ECTS
Hours per Week 4
Semester Spring
Language English
Registration no registration required
Accepted Participants Mannheim Master in Management, Mannheim Master in Business Research (MMBR), M.A. Culture and Economy / Business, M.Sc. Business Education, M.Sc. Business Informatics, M.Sc. Business Mathematics, M.Sc. Economics, Diplom Business Administration

Further Information

  • Brief Description

    The course Data, Analytics and AI for Marketing Strategy introduces students to the principles and methods of data-driven marketing decision-making. The course emphasizes how data, analytics, and artificial intelligence can support strategic marketing decisions—from understanding customer behavior and optimizing marketing investments to developing effective pricing strategies and driving profitability.

    Students will explore essential concepts such as customer segmentation, customer lifetime value, acquisition, retention, marketing effectiveness, and revenue optimization, while also examining how emerging technologies like machine learning, generative AI, and AI agents are transforming marketing strategy. Through real-world cases, practical exercises, and hands-on labs, students will learn to critically evaluate analytical insights, assess the impact of marketing activities, and translate data into actionable strategic recommendations.

  • Course Outline

    The course is split into fourteen lecture units:

    Part A – Foundations of Data-Driven Marketing Strategy

    01 – Marketing Decision Architecture
    02 – Data, Measurement & Causal Identification

    Part B – Customer & Market Intelligence

    03 – Segmentation for Strategic Targeting
    04 – Customer Lifetime Value & Investment Decisions
    05 – Customer Acquisition, Retention & Churn Analytics
    06 – Cross-Selling & Recommendation Decisions

    Part C – Marketing Effectiveness & Resource Allocation

    07 – Marketing Mix Modeling & Budget Allocation
    08 – Advertising Response & Media Effectiveness

    Part D – Pricing, Demand & Revenue Optimization

    09 – Demand & Price Elasticity Modeling
    10 – Choice Models & Competitive Substitution
    11 – Revenue & Profit Optimization

    Part E – Autonomous & AI-Augmented Marketing Decisions

    12 – Machine Learning for Marketing Decisions
    13 – AI Agents & Reinforcement Learning in Marketing
    14 – Generative AI & Marketing Intelligence

  • Lecture

    Lecturer Prof. Dr. Florian Stahl
    Contact person Tim Bublies
    Schedule Please refer to the latest information on Portal2 and ILIAS
    Assessment Written Exam (100%)
  • Exercise

    Lecturer Tim Bublies
    Schedule Please refer to the latest information on Portal2 and ILIAS