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Nov 12, 2014
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Services
Government Sector
CourtsEmployment. ExchangesHospitalsMunicipal ServicesPost OfficeSchools, Colleges etc
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Services
Business Sector
AirlinesBanksInsuranceManagement
ConsultantsLawler'sDoctorsMotion Pictures
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Services
Manufacturers
Computers OperatorsLegal StaffAccountantsAdministrative StaffSupportive StaffSecurity Staff
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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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Need For Services & ProductsOld Age Care
Senior CitizenHomeWheel Chair
Dental Care
Dental ChairDental Equipments
Photography
CameraFilmsPrinting
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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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Tangibilising the Intangibles
Visualization
Hotels depicting benefits of dinning at restaurant through Advertisement
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Tangibilising the Intangibles
Association
Air India Used Friendly Maharaja
Shah Rukh with Air-tel
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Tangibilising the Intangibles
Physical Representation
Citibank credit Card in Gold or Platinum Symbolizes wealth & Status
Airlines Dress Symbolizes visibility, reliability and cleanliness
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Tangibilising the Intangibles
Documentation
Citing fact & figures in support of performance
• Major Awards Won By Jet Air
• % Of People Preferring Jet Air
• Number. One Company in Market Share
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Tangibilising the Intangibles
People Involvement
People are often Critical Element in serviceDelivery
Training People To be courteous in Hotel for Service Delivery
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Tangibilising the Intangibles
Place Advantage
The clean, well laid down interiors of a Hotel Room depicts the quality of service
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Tangibilising the Intangibles
Promotion
Personal Care through Promotion Campaigns offers life long Assurance scheme
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Tangibilising the Intangibles
Branding
Branding helps in differentiation of the service from competitors
The world on time
The family Restaurant
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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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Inconsistency
Different services
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InconsistencyPerformance of an Artist
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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