Section outline
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Conceptualization
Students of DRE always prefer to work in a real estate company or related industries with a vision to attain the top most position in a selected area. In addition, many of them nurture a dream to become an entrepreneur. Thus, they require an in-depth knowledge of company orientation and various marketing management philosophy to independently operate their own real estate business. In particular, this course attempts to provide an in-depth insight of marketing principles, theories and practices applicable to real estate and other related industries in local and international market. At large, it would strengthen students knowledge about integrated marketing management of real estate products and services in a hyper competitive market environment with ample focus on environmental and ethical standards. In addition, students can learn the know-hows of developing innovative business ideas from customer's perspective to create value and capture value proposition through entrepreneurship development.
Objectives
The specific objectives of the course are:
- to provide elementary knowledge of marketing principles and integrated marketing management system specifically applicable to real estate industries in order to enhance their employability in the job market.
- to provide basic knowledge about new product development, various marketing communication tools and methods, effective pricing strategies, proper sales techniques and efficient distribution channels.
- to introduce students with the principles of entrepreneurship development to encourage them to be self-employed with their innovative products and to generate employment scope for relevant semi-skilled manpower in Bangladesh.
- to get familiar with different terminologies frequently used in business organization.
- to encourage and help students by providing all relevant information to become an ENTREPRENEUR.
Learning Outcomes
Upon completion of this course, students will be able to:- Use a vocabulary of marketing terms correctly.
- Demonstrate the ability to critically evaluate a marketing program from consumer and marketing practitioner viewpoints, including consideration of ethical implications.
- Communicate clearly, in an organized fashion, the concepts of marketing in both oral and written work.
- Demonstrate an understanding of how marketing fits with the other business disciplines within an organization.
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Standard marks distribution guidelines of Daffodil International University
Note: Class tests are considered as a continuous assessment. There are also provisions of performance viva in each segment. However, the teachers follow class room assessment, written test etc.
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[All students are requested to join in the forum and participate in all active discussions]
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- to provide elementary knowledge of marketing principles and integrated marketing management system specifically applicable to real estate industries in order to enhance their employability in the job market.
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You are highly encouraged to get enrolled in any one course [related to Marketing] and get a special badge.
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Highlights
- Course delivery architecture and objective.
- Importance of studying Principles of Marketing.
- Practical implications of course in food market and food industry.
- Competitive advantages of studying the Course in career development.
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[Importance of Marketing]
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This page will give a brief idea about some practical implications.
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[Video Quiz on Introduction to Marketing]
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- Course delivery architecture and objective.
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Highlights
- Concept of consumer behaviour and
- Understanding hyper-competitive market environment
- Consumer behaviour in food market.
- Organizational buying behaviour.
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[Understanding of Consumers' Behaviour]
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- Concept of consumer behaviour and
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Highlights
- Marketing principles and 4Ps of marketing mix.
- Understanding and satisfying need, want and demand.
- Customer Value and Value Proposition.
- Marketing and Societal Concepts.
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[4Ps of Marketing Made Easy]
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Items Description Remarks Topics 1-2 Introduction and Market Economy Marks 15 1 (segment) = 15 Time 30 min Each section must be attempted -
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Highlights
- Marketing mix tools and their practical application.
- Group discussion on virtual market visit [local food market] and
- Correlation between theory and practical implications.
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[3D Online Shopping Experience]
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- Marketing mix tools and their practical application.
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Highlights
- Analysing value proposition and value chain.
- Market segmentation [Global and Local].
- Targeting and Product positioning.
- Unique Selling Propositions [USPs].
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Segmentation and Positioning
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Items Description Remarks Topics 6 Market Segmentation Marks 15 1 (segment) = 15 Time 45 min Each section must be attempted -
Read the instruction very carefully and answer the questions.
SWOT Analysis of Nestle, the popular food brand.
Nestle S.A. (OTC: NSRGY) is a multinational packaged foods and beverage manufacturer headquartered in Switzerland. It is widely considered to be the world’s largest food manufacturer, with more than 2000 brands and operations in 197 countries.
Nestle reported revenues of $99.09 billion on December 31, 2015, and estimated sales of $92.62 billion for the current fiscal year. Nestle had a market capitalization of $245.71 billion, according to YCharts.com; because the company is based in Switzerland, it does not have to report its enterprise value like an American company would.
Currently Nestle operates in 12 different segments of the consumer products market, including baby foods, bottled water, cereals, candy, coffee, prepared and prepackaged foods, dairy, drinks, food service, healthcare and nutrition, ice cream and pet care. Its staple of brands includes some of the best-known names in the industry, such as Stouffer’s, Dreyer’s, Haggen-Daz, Purina, Aero, Butterfinger, Gerber, Maggi and Perrier. -
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Highlights
- Integrated Marketing Communication (360 degree approach)
- Promotion, Direct Marketing, Public Relation, Networking
- Advertising (Print, electronic, social media)
- eMarketing / Export
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Items Description Remarks Topics 1-6 Intro, Marketing Mix, Segmentation Marks 25 1( segment) = 25 Time 1 hr. 30 min. each question must be attempted -
Highlights
- Marketing research methods.
- SWOT Analysis.
- New product development techniques, theories and policies.
- Analysing current market and exploring new market.
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Future of Food Market
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Highlights
- Pricing policy and strategies.
- Market Skimming
- Market Penetration
- Global pricing strategy
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Philip Kotler on Price
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- Pricing policy and strategies.
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Items Description Remarks Topics 7-8 Market Analysis and Pricing Strategy Marks 15 5x3 (segments) = 15 Time 45 min Each section must be attempted -
Highlights
- Sales Management!
- Techniques, Policy, Procedure
- Distribution Networking and logistics.
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Strategies for Sales Management
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Highlights
- Branding principles
- Brand development tasks
- Competition Management
- Ethics in Business
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[Branding Secrets of CocaCola]
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- Branding principles
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What you need to do [step by step]
1. A PPT (Max 5 slides)
2. Make promotional Campaign on Coffin
Hints:
i. a good brand name
ii. Special features and amenities
iii. Price and offer
iv. Unique selling proposition or USP
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Items Description Remarks Topic Topic 1-12 Topic 1-8 (30%) Topic 9-11 (70%) Marks 40 15+15+10(3 segment) = 40 Time 2hr. 00 min. each section must be attempted