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Marketing of services   Unit.1  Introduction to service Marketing-Understanding Service, The Nature of Service Marketing, Classification of Service. Made by:- Miss Kiran soni
Understanding Services ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Made by:- Miss Kiran soni
Factor Influencing the Growth of the Service Sector. ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Made by:- Miss Kiran soni
Service Defined:-Services are those Activities which satisfy wants . ,[object Object],[object Object],[object Object],[object Object],[object Object],Made by:- Miss Kiran soni
Characteristics of Services ,[object Object],[object Object],[object Object],[object Object],Made by:- Miss Kiran soni
Classification of Services ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Made by:- Miss Kiran soni
Classification based on the Service Tangibility ,[object Object],[object Object],[object Object],[object Object],Made by:- Miss Kiran soni
Classification based on Skills & Expertise Required ,[object Object],[object Object],Made by:- Miss Kiran soni
Classification based on Business Orientation of Service Provider ,[object Object],[object Object],Made by:- Miss Kiran soni
Classification based on Type of End-User ,[object Object],[object Object],[object Object],Made by:- Miss Kiran soni
The Nature of Service Marketing ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Made by:- Miss Kiran soni
Evolution of Service Firms ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Made by:- Miss Kiran soni
Further, Service firms did not pay due attention to service quality Earlier. However, today they emphasize on service quality by assuring the customer of their commitment to address Instances of less than perfect service quality. The assurance of best quality service by firms is in the form of guarantees or refund of  money compensation in the event that the customer is dissatisfied. For ex Domino’s Pizza promises that it will offer its pizza free if it is not delivered at the customers doorstep’s with in 30 minutes of the order being placed.   Made by:- Miss Kiran soni
A Different Approach for Marketing Services ,[object Object],[object Object],[object Object],[object Object],[object Object],Made by:- Miss Kiran soni
1.Narrow definition of marketing by service providers ,[object Object],[object Object],Made by:- Miss Kiran soni
2.Lack of Appreciation for marketing skills in service organization:- ,[object Object],[object Object],Made by:- Miss Kiran soni
4.Problem in determining Costs for prices. ,[object Object],[object Object],Made by:- Miss Kiran soni
5.Constraints & opportunities for not-for-profit service organization ,[object Object],[object Object],Made by:- Miss Kiran soni
Other Challenges   ,[object Object],[object Object],Made by:- Miss Kiran soni
COMPANY CUSTOMER FRONT-LINE EMPLOYEES The service marketing Triangles External  marketing Internal  marketing Interactive Marketing (i) (ii) (iii) Made by:- Miss Kiran soni
The service marketing triangle Consist of three components of the service delivery process, namely the company, the front-line employees & the customers. In the service marketing triangles , the company, front lines employees & the customer make up three corners of the triangles.   (i)  Company & customer External marketing)  The company communicates information about its products & service to the external customers by means of marketing communication mix comprising advertisement, sales promotion, personal selling, direct marketing & public relations.  Made by:- Miss Kiran soni
( ii) Company – front line ( Internal marketing).  The interaction between the company & the front-lines employees constitute internal marketing by means of which the company enables its employees to deliver quality service to customer.  The internal marketing process makes use of tools such as newsletters, video shows etc.   (iii) Front-Lines Employees & Customer (Interactive Marketing) this is the most important one that finally determines customer retention by service firms by interactive marketing  All three-internal, external & Interactive marketing-play an important role in service marketing neglecting any of these will result in the failure of a service organization in achieving its marketing goals. Made by:- Miss Kiran soni
The Services Marketing Mix ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Made by:- Miss Kiran soni
Key Marketing Issues Before a Service Organization ,[object Object],[object Object],[object Object],Made by:- Miss Kiran soni
Managing Differentiation among services ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Made by:- Miss Kiran soni
Managing Productivity ,[object Object],Made by:- Miss Kiran soni
Managing services quality ,[object Object],[object Object],Made by:- Miss Kiran soni
New Avenues in Service Marketing ,[object Object],[object Object],Made by:- Miss Kiran soni
THANKS Made by:- Miss Kiran soni

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MBA Unit1 Marketing Of Services

  • 1. Marketing of services Unit.1 Introduction to service Marketing-Understanding Service, The Nature of Service Marketing, Classification of Service. Made by:- Miss Kiran soni
  • 2.
  • 3.
  • 4.
  • 5.
  • 6.
  • 7.
  • 8.
  • 9.
  • 10.
  • 11.
  • 12.
  • 13. Further, Service firms did not pay due attention to service quality Earlier. However, today they emphasize on service quality by assuring the customer of their commitment to address Instances of less than perfect service quality. The assurance of best quality service by firms is in the form of guarantees or refund of money compensation in the event that the customer is dissatisfied. For ex Domino’s Pizza promises that it will offer its pizza free if it is not delivered at the customers doorstep’s with in 30 minutes of the order being placed. Made by:- Miss Kiran soni
  • 14.
  • 15.
  • 16.
  • 17.
  • 18.
  • 19.
  • 20. COMPANY CUSTOMER FRONT-LINE EMPLOYEES The service marketing Triangles External marketing Internal marketing Interactive Marketing (i) (ii) (iii) Made by:- Miss Kiran soni
  • 21. The service marketing triangle Consist of three components of the service delivery process, namely the company, the front-line employees & the customers. In the service marketing triangles , the company, front lines employees & the customer make up three corners of the triangles. (i) Company & customer External marketing) The company communicates information about its products & service to the external customers by means of marketing communication mix comprising advertisement, sales promotion, personal selling, direct marketing & public relations. Made by:- Miss Kiran soni
  • 22. ( ii) Company – front line ( Internal marketing). The interaction between the company & the front-lines employees constitute internal marketing by means of which the company enables its employees to deliver quality service to customer. The internal marketing process makes use of tools such as newsletters, video shows etc. (iii) Front-Lines Employees & Customer (Interactive Marketing) this is the most important one that finally determines customer retention by service firms by interactive marketing All three-internal, external & Interactive marketing-play an important role in service marketing neglecting any of these will result in the failure of a service organization in achieving its marketing goals. Made by:- Miss Kiran soni
  • 23.
  • 24.
  • 25.
  • 26.
  • 27.
  • 28.
  • 29. THANKS Made by:- Miss Kiran soni