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Estate Agent's Examination Part 1&2

BOVAEP Diploma in Estate Agency (VAL)

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Estate Agent's Examination Part 1&2 > Posts tagged 1.5

Tag: 1.5

2019 D05 Marketing Answers Explained

01/04/2020 Thomas Sim PEA2066
2019 D05 Mkt1.5Leave a comment

2019 Q Analysis D05 Marketing

13/09/2019 Thomas Sim PEA2066
1.5 Marketing, 2019 D05 Mkt1.5Leave a comment

Marketing concepts & strategies and planning to deliver value Q1

07/08/2019 Thomas Sim PEA2066

Q. a) Explain three (3) marketing concepts adopted by organisations to carry out their marketing strategies. (15 marks) b) Explain the role of marketing in a company’s strategic planning to Read More …

2019 D05 Mkt1.5Leave a comment

Marketing Mix, marketing residential properties Q2

07/08/2019 Thomas Sim PEA2066

Q. a) Determine the four (4) variable groups known as “four Ps” for marketing mix used by the organisation to carry out its marketing strategies. (5 marks) b) With the Read More …

2019 D05 Mkt1.5Leave a comment

Product levels Customer value, stages of new product development Q3

07/08/2019 Thomas Sim PEA2066

Q. a) Explain the five (5) product levels within the customer value hierarchy. (10 marks) b) Discuss the various stages of new product development by using a residential property development Read More …

2019 D05 Mkt1.5Leave a comment

Market segmentation bases and variables Q4

07/08/2019 Thomas Sim PEA2066

Q. a) Elaborate on two (2) bases/variables for property purchasers’ market segment. (10 marks) b) Explain the market-targeting strategies that firms can choose after identifying the best market segment. (15 Read More …

2019 D05 Mkt1.5Leave a comment

Internal and micro environment affecting marketing strategies Q5

07/08/2019 Thomas Sim PEA2066

Q. a) Discuss two (2) elements of a company’s internal environment and how each may affect a company’s marketing operation. (10 marks) b) Discuss three (3) variables within the company’s Read More …

2019 D05 Mkt1.5Leave a comment

Pricing strategy Value vs Cost based pricing Q6

07/08/2019 Thomas Sim PEA2066

Q. a) Elaborate on the pricing strategies for a new product during the introductory stage. (15 marks) b) Explain the difference between value-based pricing and cost-based pricing. (10 marks) (25 Read More …

2019 D05 Mkt1.5Leave a comment

Segmentation customer-driven marketing strategy Q7

07/08/2019 Thomas Sim PEA2066

Q. a) As marketing companies move away from mass marketing towards target marketing, firms are focusing on the buyers who have greater interest in the values they create best. Discuss Read More …

2019 D05 Mkt1.5Leave a comment

5 Steps in Marketing Process Q1

31/08/2018 Thomas Sim PEA2066

Q. a) Elaborate the differences between ‘marketing’ and ‘marketing management’. (10 marks) b) Elaborate the five (5) steps of the marketing process. (15 marks) (25 marks, 2018 Q1) A. a) Read More …

2018 D05 Mkt1.5

Role and function of Real Estate Marketing Q2

31/08/2018 Thomas Sim PEA2066

Q. a) Explain briefly the common marketing functions in real estate. (5 marks) b) Discuss how real estate characteristics may influence the roles and functions of real estate marketing. (20 Read More …

2018 D05 Mkt1.5

PLC and their market strategies Q3

31/08/2018 Thomas Sim PEA2066

Q. A product life cycle (PLC) has five (5) distinct stages/phases. a) Briefly explain four (4) stages of the PLC. (5 marks) b) Explain the various market strategies to be Read More …

2018 D05 Mkt1.5

Positioning and Differentiation for segments Q4

31/08/2018 Thomas Sim PEA2066

Q. a) Define the positioning of a product in creating a differentiated value for the targeted segment of the market. (5 marks) b) By focusing on a certain segments of Read More …

2018 D05 Mkt1.5

Customer Driven Marketing Strategy Q5

31/08/2018 Thomas Sim PEA2066

Q. a) Define customer driven marketing strategy. (5 marks) b) Discuss the differences between market segmentation, targeting, differentiation and positioning. (20 marks) (25 marks, 2018 Q5) A. a) Similar question Read More …

2018 D05 Mkt1.5

Promotional Mix Q6

31/08/2018 Thomas Sim PEA2066

Q. a) Compare the two (2) basic promotion mix strategies in which firms can choose. (10 marks) b) Explain the factors that may affect he design of the promotion mix. Read More …

2018 D05 Mkt1.5

Market-Skimming vs Market-Penetration Pricing

31/08/2018 Thomas Sim PEA2066

Q. Pricing strategies usually change as the product passes through its life cycle. Companies can choose between these broad strategies: market-skimming pricing and market-penetration pricing. a) Explain market-skimming pricing and Read More …

2018 D05 Mkt1.5

Barriers to implementing CRM

16/09/2017 Thomas Sim PEA2066

Q. (Also posted in justLetak!) List out the barriers in implementing Customer Relationship Management (CRM). A. Firstly, CRM stands for Customer Relationship Management, not Customer Relationship Marketing. However, some people Read More …

1.5 Marketing1.5

Marketing mix – How many “P”s?

12/09/2017 Thomas Sim PEA2066

Q.Marketing mix – How many “P”s? A.Traditionally, there are 4 Ps. However, marketing gurus have come out with extended Ps. These Ps can be sprint off from the existing Ps, Read More …

1.5 Marketing1.5

4 alternative concepts or marketing philosophies Q1

12/07/2017 Thomas Sim PEA2066

Q. a) Define ‘Marketing Management’ within the property marketing context. (5 marks) b) Elaborate four (4) alternative concepts or marketing philosophies under which organizations carry out their marketing strategies. (20 Read More …

2017 D05 Mkt1.5

Macro environment which shapes opportunities and threat Q2

12/07/2017 Thomas Sim PEA2066

Q.Elaborate five (5) major forces in the organization’s macro environment that may shape opportunities and pose threat to property development organisation. (25 marks, 2017 Q2) A.This is PESTEL factors and Read More …

2017 D05 Mkt1.5

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