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Paramjit sharma 1
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Service Marketing

Nov 12, 2014

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Paramjit Sharma

different characterstics of service marketing
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Page 1: Service Marketing

Paramjit sharma 1

Page 2: Service Marketing

Paramjit sharma 2

Page 6: Service Marketing

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•Transportation Services•Public Utilities•Communication•Trading Services•Financial & Insurance•Real Estate Services•Marketing Services•Govt Provided Services•Engineering Services•Entertainment•Business & Professional

Others

•Security•Printing•Data-Processing•Speech Writing•Educational•Training•Interior-Designing•Laundry•Warehousing

Services- another classification

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Service is any act or Performance that one Party can offer to another that is essentially intangible intangible and does not result in ownership of anything . Its production may or may not be tied To a physical product

SERVICE DEFINED

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PureGoods

Goodsrelated

ServiceRelated

Pureservices

Bus-ticket

Hotel-food

Pizza-Home Service

Equipments-leasing

TV

CAR

OWEN

FRIDGE

Car Financing

Fan Warranty

Gift Presenting

Service Company

Banking

Legal

Insurance

Hair Styling

Consultancy

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Puregoods

Goodsrelated

ServiceRelated

Pureservices

T.V

CAR

OVEN

FRIDGE

BUS-TRAN

HOTEL-F

PIZZA-HS

EQP.-LEASING

CAR FIN

FAN WAR

GIFT-PRE

SERVICE-COMP

BANKING

L SERVICE

HAIR STY

CONSULT

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DISTINCTIVECHARACTERSTICSOF SERVICES

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INTANGIBILITY

INCONSISTENCY

INSEPARABILITY

INVENTORY

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intangibilityNo physical attributes

Impossible to taste feel hear smell before buying

Cant be easily displayed

Inference from place,people price,symbols…..

Transform intangibility to tangibility

Nobody caresAs much ..Taj

I’ve got a pieceOf rock…Prudential

Macdonald ..theFamily restaurant

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intangibility

No physical attributes

Impossible to taste feel hear smell before buying

Cant be easily displayed

Transform intangibility to tangibility

Nobody caresAs much ..Taj

I’ve got a pieceOf rock…Prudential

Macdonald ..theFamily restaurant

University Degreetangible evidence ofknowledge acquired

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Tangibilising the Intangibles

VisualizationAssociationPhysical RepresentationDocumentationPeople InvolvementPlace AdvantagePromotionBranding

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Inconsistency

Diff. Services on diff. Occasions.

Diff. Services to diff. customers

Doctors , porters, nursesWaiters, Banks, Shops …….

Variability & Heterogeneity in services

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Strategies for Dealing With Inconsistency

Industrial ServicesEstablish Set Rules

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Strategies for Dealing With Inconsistency

Industrial Services

Hard Technologies- ATMSoft technologies - Standardized Tours

Hybrid technologies- low priced repairs

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Strategies for Dealing With Inconsistency

Establish Set Rules & procedures

Limited Menu Restaurants- Pizza Ensuring consistency in service- 30 minutes Pizza delivery

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inseparability

It can not be separated from the creator-seller ofThe product

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inseparability

oCo-production.. dentist/patient

oIsolated production.. t.v.serial

oSelf-services… ATM, weighing Machine

Services are typically produced And consumed simultaneously

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Inventory

Inventory relates to perish ability characteristic in Service marketing

The services cannot be easily saved, stored or inventoried

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Inventory

Empty seats in a stadium for aCricket game can not be carriedTo the next game

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Inventory

Empty seats at 10 am flight to Bombay does not mean Seats may be available in the next flight

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Inventory

Inventory relates to perish ability characteristic in Service marketing

The services cannot be easily saved, stored or inventoried

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High LowCost of inventory

Airlines

Telecom

Nursinghome

Resturants

Hotels DryClean,g

InsureCo.

Propertyagents

Services cant be stored,saved or inventoried

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Strategies for Dealing With Inventory (Perishability)

Result Of Demand Variability

Match Capacity by Shifting demand— Sunday open

Adjusting Prices- lowering or increasing prices

Stretch the existing Capacity- 24hrs banking

Stretching Facilities- adding manpower/machines

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Factors Influencing Customer Perceptions of Service

Perceptionsof

Service

Service Quality

CustomerSatis-

faction

Value

ServiceEncounters

PriceImage

Evidence ofService

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Service Quality Spells Profits

ServiceQuality

CustomerRetention

Costs

PricePremium

Word ofMouth

Margins

Profits

Defensive Marketing

Volume ofPurchases

MarketShare

Reputation

Sales

PricePremium

Offensive Marketing

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Three Roles Customers Can Play in Service Delivery

Service Delivery

Productive Resources

Contributors toQuality, Value,

and Satisfaction

Competitors

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Approaches forMatching Service Delivery and Promises

Delivery > or =Promises

Manage ServicePromises

ManageHorizontal

Communications

ResetCustomer

Expectations

ImproveCommunica-

tions toCustomers

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Marketing strategies for service firmMarketing strategies for service firm

7P,S….. 4i+People,Phy.Evidence,Process

People.. selection, training, competence, caring, problem solving

Physical

Evidence..demonstrating service quality through Physical Evidence

Process.. adopting different processes to serve the customers

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thanks