COMMERCE FM-2.8: MARKETING OF BANK PRODUCTS TIME: 3HOURS MAX.MARKS:100 INSTRUCTION: Answer all Sections SECTION A 1. Answer any EIGHT of the following sub-questions in about 5-6 lines each. Each sub- question carries 2 marks (8x2=16) a. b. c. d. e. f. g. h. i. j. k.
What is marketing triangle?
Define market segmentation What is test marketing? What is demand analysis? What is product length? Give an example What are the retail products in banks? What are the bases for pricing bank products? Define promotion mix What is the purpose of motivation research? What is brand positioning? What are the micro components of marketing environment? SECTION B
Answer any THREE of the following questions in about 30 lines. Each
question carries eight marks (3x8=24) 2. 3. 4. 5. 6.
Explain the concept of services marketing triangle with an example
Explain the role of promotion mix in marketing of bank products Critically evaluate the marketing control system in banks Explain the distribution strategies for insurance products Describe the product life cycle for bank products and state the strategies to be followed in each stage.
SECTION C
Answer any FOUR of the following questions in about 3 pages. Each
question carries 15 marks (4x15=60) 7. Explain the need and bases of segmenting financial services marketing 8. Elucidate the process and factors affecting pricing of bank products. 9. Explain the types and process of marketing research relating to financial services. 10.Explain GAP modal and quality dimensions in detail 11.Why is it challenging to design and develop services? What are the stages in New service development process? 12.Personal selling is effective in bank products marketing rather than other mode of promotions. Critically evaluate this statement. ****************************************************************
PGDMM EXAMINATION, MAY/JUNE 2014-15
MANAGEMENT MARKETING OF SERVICES TIME: 3HOURS
MAX.MARKS:100 SECTION A
1. Answer any TEN of the following sub-questions. Each sub- question
carries 2 marks ( 10x2=20) a. b. c. d. e. f. g. h. i. j. k. l.
What is service quality?
What is service strategy? What is a position map? Define relationship marketing What are the methods of service classification? What is perceived value pricing? State the criteria for segmentation of services marketing? What is Service franchising? What is packaging of services? What is brand image and brand identity? What is recovery management? How service value is created? SECTION B
Answer any FIVE questions. Each question carries 7 marks (7x5=35)
2. 3. 4. 5. 6. 7. 8.
How does marketing of services differ from marketing of products?
Enumerate on the relationship marketing framework. Explain the dimensions of service quality. Explain the process of developing position maps Elucidate the nature of service consumption Explain the customer purchase process of services Describe the complaint handling and service recovery in marketing of services 9. Explain pricing strategies for services SECTION C Answer any THREE questions. Each question carries 15 marks (3x15=45)
10.Explain in detail the different service classification schemes that could be
effectively used by a service marketer. 11.Explain the service design strategy methods. 12.Critically evaluate the process of understanding customer needs and behaviour evaluation of service performances. 13. Describe the segmentation strategies for effective market response 14.Elucidate the process of new service development with an example.