Services Marketing (9) What makes it different from marketing products? MAR 331.

Slides:



Advertisements
Similar presentations
Chapter 2: Service Characteristics of Hospitality and Tourism Marketing Marketing for Hospitality and Tourism, 3e ©2003 Pearson Education, Inc. Philip.
Advertisements

To accompany Basic Marketing, Shapiro, 10 th & 11 th Cdn Ed. ppt slides Compiled by Prof. Tim Richardson Chapter 9 Marketing 106 Slide 1 Page
Module 7 Pricing. Objective for Module 7 Gain a sound understanding of the psychological effects of pricing strategies. Differentiate between the economic.
1-1 Retail Mgt. 11e (c) 2010 Pearson Education, Inc. publishing as Prentice Hall The Philosophy Retailers can best address these questions by fully understanding.
Chapter Eight Product and Branding Strategy
Welcome to class of Products, Services and Segmentation Dr. Satyendra Singh.
Learning Goals Understand products and the major classifications of products and services Learn the decisions companies make regarding their products and.
Building and Sustaining Relationships in Retailing
FOR… ORGANIZATIONAL CONSUMERS CHAPTER 13 BA 303 LPC.
Chapter 12: Services and Nonprofit Organization Marketing 1 Copyright Cengage Learning 2013 All Rights Reserved Introduction to Designed & Prepared by.
13 Designing and Managing Services 1. Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 13-2 Categories of Service Mix Pure tangible.
Chapter Nine Services Marketing. Chapter Objectives Discuss impact of the services sector. Identify unique characteristics of services. Explain components.
Grasping the Uniqueness of Services Marketing
Tourism & Hospitality Marketing
Service Characteristics of Hospitality and Tourism Marketing
Objectives Be able to define product and know the major classifications of products and services. Understand the decisions companies make regarding their.
©2003 Prentice Hall, Inc.To accompany A Framework for Marketing Management, 2 nd Edition Slide 0 in Chapter 12 Chapter 12 Designing and Managing Services.
©2002 South-Western Chapter 11 Version 6e1 chapter Services and Nonprofit Organization Marketing 11 Prepared by Deborah Baker Texas Christian University.
CHAPTER 15 Designing & Managing Services. NOTION OF A PRODUCT What is a product? A product is that which is offered to the market (consumer) to meet an.
Nature and Categories of Services. Activity 1 Create a list of 10 services Create a list of 10 services List at least 3 service provider’s names List.
The importance of customer service By: Nisaxonh Sourivong Lanith Diploma Teacher.
The Financial Services Consumer Introduction - Understanding consumers and consumer needs and requirements is the guiding philosophy of marketing. - This.
Services & Social Mktg M Sahni. Goods Goods - things you can touch - “tangible” Services Services - things you can’t touch - but you can see their effect.
Service and Nonprofit Organization Marketing
Services are Products too Service and Branding. What are we buying?
Product, Services, and Branding Strategies Chapter 9.
Compiled by Prof. Tim Richardson slide 1 Intro to Marketing Slide 1 Industrial = Business.
Chapter 1.
© The McGraw-Hill Companies, Inc., 1997 Irwin/McGraw-Hill Gilbert A. Churchill, Jr. J. Paul Peter Chapter 11 Marketing Services Marketing.
Service Characteristics of Tourism Marketing
MT 219 Marketing Unit Nine Course Review Note: This seminar will be recorded by the instructor.
The Design and Management Service. Introduction In times of fierce competition, shortening development cycles of new technologies, and more demanding.
12 Services and Nonprofit Organization Marketing Dr. Close.
MT 219 Marketing Unit Five New Product Development And Services.
©2000 Prentice Hall ObjectivesObjectives ä Service Definitions & Classifications ä How Services Differ Goods ä Improving Service Differentiation, Quality,
Chapter 17 Marketing Channels for Services. The Importance of Services 17 Objective 1: The services sector of the economy is more than twice the size.
Chapter 17 Marketing Channels for Services. The Importance of Services The services sector of the economy is more than twice the size of the manufacturing.
MT 219 Marketing Unit Five New Product Development And Services Note: This seminar will be recorded by the instructor.
Product, Services, and Branding Strategy Chapter 8.
FOUNDATIONS FOR SERVICES MARKETING
Services Marketing 13 Part Three Product Decisions.
Services Marketing Services Marketing – is a sub field of marketing, which can be split into the two main areas of goods marketing (which includes the.
Chapter 12 Characteristics of Services Intangibility: unable to touch, taste, smell, see, or hear purchase People who undergo plastic surgery cannot see.
Special characteristics of travel and tourism requiring a marketing response: managing demand.
Dr. S. Borna MBA 671. Services Marketing is Services Marketing is Different Different By: Leonard L. Berry Business (1980) Breaking Free From Product.
Business Markets & Service Marketing. Business Markets Companies and organizations that purchase products for the operation of a business or the completion.
Travel Product & Travel Product Planning
MARKETING MANAGEMENT 12 th edition 13 Designing and Managing Services KotlerKeller.
Chapter 1 – Overview of BANKING MARKETING. MARKETING CONCEPT A situation where buyers and sellers of a commodity or service interact. Coming together.
©2000 Prentice Hall ObjectivesObjectives ä Service Definitions & Classifications ä How Services Differ Goods ä Improving Service Differentiation, Quality,
MT 219 Marketing Unit Four Segmentation and Targeting Products and Branding Note: This seminar will be recorded by the instructor.
MT 219 Marketing Unit Four Segmentation and Targeting Products and Branding Note: This seminar will be recorded by the instructor.
SERVICE CHARACTERISTICS OF HOSPITALITY AND TOURISM MARKETING Chapter 2 Kotler, Bowen, Makens and Baloglu Marketing for Hospitality and Tourism.
To accompany A Framework for Marketing Management, 2nd Edition
MGT301 Principles of Marketing
Business Markets & Service Marketing
Presentation On Service Marketing
Chapter 12 Services Marketing and Customer Relationships
Principles of Marketing
To accompany A Framework for Marketing Management, 2nd Edition
Chapter 17 Marketing Channels for Services.
The Financial Services Consumer
Product, Services, and Branding Strategy
Building and Sustaining Relationships in Retailing
Chapter 2: Value.
SERVICES MARKETING.
Chapter 14 Designing and Managing Services Marketing Management
Service Marketing.
Chapter 14 Designing and Managing Services Marketing Management
Marketing Plan Welcome to Marketing.
Presentation transcript:

Services Marketing (9) What makes it different from marketing products? MAR 331

Services Marketing (9) Service Marketing Characteristics affect how marketing programs are created. Awareness of attributes and accompanying modifications are necessary for plans to suceed.

Characteristics of Services (9) Intangibility perishability inseparability variability client relationships

Intangibility (9) Hard to grasp, concept is abstract Dramatization often necessary for concept Hard to separate the service provider and the service

Perishability (9) Services cannot be stored or held in inventory. If not used when available, they “go to waste”.

Inseparability (9) Outlet accessibility can limit the area covered by the service. Image is important: Image affects the perception of the service.

Variability (9) Service quality tends to vary considerably. Haircut from your hair dresser vs. “Big Mac”

Client Relationships (9) Relationships between service organizations and customers are often close Potential for loyalty longterm