Unit IV 2.service Marketing
Unit IV 2.service Marketing
Unit IV 2.service Marketing
What is a Service?
A service is any act of performance that one party can offer another that is essentially intangible and does not result in the ownership of anything; its production may or may not be tied to a physical product.
Service Sectors
Government Private nonprofit
Business Manufacturing
Retail
Service Distinctions
Equipment-based or people-based Service processes Clients presence required or not Personal needs or business needs Objectives and ownership
Strategies
Physical Evidence and Presentation
Place People Equipment Communication material Symbols Price
2. Inseparability 3. Variability
Strategies
Invest in good hiring and training procedures Standardize the serviceperformance process Monitor customer satisfaction
4.Pherishability
Matching Demand and Supply Demand side Differential pricing Nonpeak demand Complementary services Reservation systems Supply side Part-time employees Peak-time efficiency Increased consumer participation Shared services Facilities for future expansion
Service-Quality Model
Service Companies should identify these gaps and should try to remove or at least minimize the gaps to improve the quality of services.
Best Practices
Strategic Concept Top-Management Commitment High Standards Self-Service Technologies Monitoring Systems Satisfying Customer Complaints Satisfying Employees