Thursday 26 May 2011

I've just marked a set of first year exam scripts

A partner this to the last post.

I've marked a set of exam papers for my own first year class at Strathclyde University. A few comments in addition to the points I made last time.

Apply what you know - concepts, terms/definitions, systems, alternatives/strategies.

Can you think of a process/model/diagram that is relevant to the question? Think carefully - would it be worth taking the time to draw a positioning map or a model/process like consumer buyer behaviour?

If you are going to use an exhibit like a model or chart or diagram then try to not to focus too much on the aesthetics of it. Don't waste time devising a colour scheme - the important thing is to make it large [minimum 1/2 a page] and clear. The labels for boxes/axes/stages are more significant wrt getting marks than graphic design.

In this set of scripts, examples weren't used well or often. Don't make the same mistake.

Tuesday 10 May 2011

Are you sitting a marketing exam in the near future?

It is the time of year when exams arrive. If you are a a first-year university student it is quite likely that university type exams are new to you. It is also quite likely that you won't have ever sat a marketing exam specifically. That being the case, I thought a few comments might be helpful.

  1. I have marked thousands of exam papers, and written a few dozen. Here is the number one tip I can give you. TIME MANAGEMENT. Work out how long you have per question and try to stick to it ruthlessly. Time and time again I see an exam script where half or more of the time has gone on the first question attempted, and the other [say] two have been rushed. There is a diminishing rate of return for marks - 10 minutes more on the first question won't score you anywhere near as many points as the first ten minutes on the second. One of the reasons that so many students stay on the first question is that they have done the one they liked the most first - staying on that topic is comfortable psychologically and this comfort zone can be a deadly trap.
  2. KNOW YOUR VOCAB. All subjects have specific terms and words and/or acronyms particular to them. A lot of what new students of a subject do is learn the language of that subject. Marketing has a large vocabulary of terms associated with it. You need to know the technical definition and meanings of words such as segmentation, positioning, branding etc. You need to be able to show that your knowledge is greater and more precise than someone not studying marketing. At the back of Marketing: An Introduction is a glossary. Learn a few every day as part of your revision. Be sure to test yourself and make sure you know the difference between similar words/phrases - social marketing Vs societal marketing for example.
  3. HAVE EXAMPLES. Investigate a couple of firms. Learn the key aspects of their marketing tactics and strategy. How do they group products? How do they distribute? How do they promote etc? Be able to apply your generic/abstract knowledge to the specific cases you've researched.

Sunday 1 May 2011

Voting systems

On Thursday the UK holds a referendum on future voting systems for elections. The alternatives are to stay with the current system - called First Past the Post or switch to something called Alternative Vote.

Naturally the BBC has an outline of the issues: Q&A: Alternative vote referendum

Other than the issues of the groups supporting each system promoting themselves - advertising, PR etc there is the significance of this for the future political shape of the UK for the next generation or two.

If you are eligible to vote in this election think carefully, and participate.