Managing Services Chapter 12. Services Intangible items for which consumers exchange something of value Intangible items for which consumers exchange.

Slides:



Advertisements
Similar presentations
The 4 P’s of Marketing consumer The Marketing Mix.
Advertisements

Introduction to Key Marketing Terms and Concepts
Marketing Management Dawn Iacobucci
Types of Consumer Goods Two Classification. Industrial Goods –Products designed to be used by other businesses –May be in the creation of new products.
Marketing What Isn’t There: Intangibles and Services.
DECEMBER CHAPTER 1 – Understanding service Characteristics of services Differences between goods and services Marketing mix in service.
Learning Goals Understand products and the major classifications of products and services Learn the decisions companies make regarding their products and.
1 MANAGEMENT 435 SERVICE MANAGEMENT PowerPoint Set 3.
McGraw-Hill/Irwin Copyright © 2009 by The McGraw-Hill Companies, Inc. All Rights Reserved.
10-1 MARKETING MANAGEMENT Designing and Managing Services.
Copyright © 2015 McGraw-Hill Education. All rights reserved
Slide 16.1 Cooper et al: Tourism: Principles and Practice, 3e Pearson Education Limited 2005, © retained by authors Chapter 16 Managing Marketing for Tourism.
©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.
3-1 Part 2 FOCUS ON THE CUSTOMER. 3-2 Customer Behavior in Services  Search, Experience, and Credence Properties  Consumer Choice  Consumer Experience.
© Prentice Hall, 2005 Business In Action 3eChapter Developing Product and Pricing Strategies.
 Marketing-- creation and maintenance of satisfying an exchange relationship  Concept– › 1:something conceived in the mind : thought, notionconceivedthought.
DEVELOPING NEW PRODUCTS AND SERVICES
Marketing What Isn’t There: Intangibles and Services.
DEVELOPING NEW PRODUCTS AND SERVICES CHAPTER
© 2003 McGraw-Hill Companies, Inc., McGraw-Hill/Irwin MANAGING SERVICES 12 C HAPTER.
Services and Other Intangibles: Marketing the Product That Isn’t There.
Managing Services ● Professor Chip Besio ● Cox School of Business ● Southern Methodist University.
Products & Services for Consumers
Chapter 14 Services Marketing
M A R K E T I N G Real People, Real Choices Fourth Edition
Services Marketing Copyright © Houghton Mifflin Company. All rights reserved. PowerPoint Presentation by Charlie Cook 13 Part Three Product Decisions.
8-1 Chapter 8 Product and Services Strategy. 8-2 What is a Product? ProductA Product is anything that can be offered to a market for attention, acquisition,
Services are Products too Service and Branding. What are we buying?
Chapter Ten Services and Other Intangibles:
Chapter 1.
1 11.Product & Service Strategies. 2 Products Product: tangible goods vs. services Levels of product –Class & form –Core, actual, augmented Product line.
© Prentice Hall, 2004 Business In Action 2eChapter Developing Product and Pricing Strategies.
Essentials of Health Care Marketing 2nd Ed. Eric Berkowitz
Developing Marketing Strategies Chapter 7. Marketing Concept Three orientations Three orientations Customer Customer Goals Goals System System Meeting.
Marketing Management Dawn Iacobucci © 2012 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible.
PowerPoint Slides to accompany Rix Marketing: A Practical Approach 7e.
12 Services and Nonprofit Organization Marketing Dr. Close.
Managing Services ● Professor Chip Besio ● Marketing Management ● Mktg 6201.
Chapter 1 What is Marketing?
Product and Services Strategy
© 2009 South-Western, Cengage LearningMARKETING 1 Chapter 11 SERVICES NEED MARKETING 11-1What Are Services? 11-2Classifying Types and Evaluating Quality.
Products, Services and Brand Management. What do we mean by the “Product”? From the consumer standpoint… From the organizational standpoint… From the.
Marketing of Services Chapter 12 MR2100. Why are Services Different? Services are different than other “products” because they are Intangible. Intangibility.
MANAGING SERVICES C HAPTER 12. Importance of services in the U.S. gross domestic product THE UNIQUENESS OF SERVICES.
Product, Services, and Branding Strategy Chapter 8.
Managing Services. What is a Service? Any intangible activity or benefit that an organization provides to customers in exchange for money or something.
Services Marketing 13 Part Three Product Decisions.
Chapter 12 Characteristics of Services Intangibility: unable to touch, taste, smell, see, or hear purchase People who undergo plastic surgery cannot see.
Part 2 FOCUS ON THE CUSTOMER.
McGraw-Hill/Irwin Copyright © 2009 by The McGraw-Hill Companies, Inc. All Rights Reserved.
Chapter 21 Nature & Scope of Marketing
The learning objectives: What is Market? What is Marketing and marketing management? Marketing core Concepts Marketing management philosophies 1.
Marketing In Today’s World Freshman Seminar - Introduction to Business Dr. Hays Freshman Seminar - Introduction to Business Dr. Hays.
Transfer Pricing & Utilizing Assets Employed
Marketing II Chapter 7: Products, Services, and Brands: Building Customer Value.
SERVICE MARKETING Presented By: Bincy Anni Mathew.
THE ROLE OF ADVERTISING IN MARKETING Topic 1 Introduction to Advertising.
To accompany A Framework for Marketing Management, 2nd Edition
Marketing case DIY Producing/selling Market situation
DEVELOPING NEW PRODUCTS AND SERVICES
Services and Other Intangibles: Marketing the Product That Isn’t There
Chapter 13 Marketing: Helping Buyers Buy
Designing and Managing Services
Chapter 12 Services and Nonprofit Organization Marketing
MARKETING TODAY AND TOMORROW
Product, Services, and Branding Strategy
Managing Services Chapter 12.
BUSINESS MARKETING Presented by, Rohit Damodar Roll No. 51.
Concept 3 – Elements of Marketing
Key Terms Unit 1 (Marketing 101)
Presentation transcript:

Managing Services Chapter 12

Services Intangible items for which consumers exchange something of value Intangible items for which consumers exchange something of value 4x larger than goods industry 4x larger than goods industry

4 I’s of Service Intangibility Intangibility Inconsistency Inconsistency Inseparability Inseparability Inventory Inventory Idle production capacity Idle production capacity Source:

Services Continuum A range of the services-oriented and goods-oriented available in the marketplace A range of the services-oriented and goods-oriented available in the marketplace

Service Classification People delivery v. Equipment delivery People delivery v. Equipment delivery Profit v. Nonprofit Profit v. Nonprofit Government sponsored v. Non- government Sponsored Government sponsored v. Non- government Sponsored

Assessing Purchase Process and Service Quality Properties Properties Search Search Experience Experience Credence Credence Assessing Service Quality Assessing Service Quality Gap analysis Gap analysis Four factors Four factors Servicescape Servicescape Service providers Service providers Other customers Other customers Invisible organization and systems Invisible organization and systems Source:

Relationship Marketing and Services Customer Contact Audit Customer Contact Audit Marks “contact points” Marks “contact points”

Marketing Services Internal Marketing Internal Marketing Employee-focus Employee-focus Product Product Exclusivity Exclusivity Branding Branding Capacity Management Capacity Management

Marketing Services Pricing Pricing Off-peak pricing Off-peak pricing Place Place Promotion Promotion Publicity Publicity