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Government Sector Courts Employment. Exchanges Hospitals Municipal Services Post Office Schools, Colleges etc. Services. Business Sector Airlines Banks Insurance Management Consultants Lawler's Doctors Motion Pictures. Services. Manufacturers Computers Operators Legal Staff
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Government Sector • Courts • Employment. Exchanges • Hospitals • Municipal Services • Post Office • Schools, Colleges etc Services Paramjit sharma
Business Sector • Airlines • Banks • Insurance • Management • Consultants • Lawler's • Doctors • Motion Pictures Services Paramjit sharma
Manufacturers • Computers Operators • Legal Staff • Accountants • Administrative Staff • Supportive Staff • Security Staff Services Paramjit sharma
Services- another classification • Others • Security • Printing • Data-Processing • Speech Writing • Educational • Training • Interior-Designing • Laundry • Warehousing • Transportation Services • Public Utilities • Communication • Trading Services • Financial & Insurance • Real Estate Services • Marketing Services • Govt Provided Services • Engineering Services • Entertainment • Business & Professional Paramjit sharma
SERVICE DEFINED Service is any act or Performance that one Party can offer to another that is essentially intangible and does not result in ownership of anything . Its production may or may not be tied To a physical product Paramjit sharma
Need For Services & Products Old Age Care Senior Citizen Home Wheel Chair Dental Care Dental Chair Dental Equipments Photography Camera Films Printing Paramjit sharma
Goods related Service Related Pure services Pure Goods TV CAR OWEN FRIDGE Bus-ticket Hotel-food Pizza- Home Service Equipments- leasing Car Financing Fan Warranty Gift Presenting Service Company Banking Legal Insurance Hair Styling Consultancy Paramjit sharma
Pure goods Goods related Service Related Pure services CAR FIN FAN WAR GIFT-PRE SERVICE- COMP BUS-TRAN HOTEL-F PIZZA-HS EQP.-LEASING T.V CAR OVEN FRIDGE BANKING L SERVICE HAIR STY CONSULT Paramjit sharma
DISTINCTIVE CHARACTERSTICS OF SERVICES Paramjit sharma
INVEN TORY INSEPARABILITY INCONSISTENCY INTANGIBILITY Paramjit sharma
intangibility • No 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 cares As much ..Taj I’ve got a piece Of rock… Prudential Macdonald ..the Family restaurant Paramjit sharma
intangibility Nobody cares As much ..Taj • No physical attributes • Impossible to • taste • feel • hear • smell before buying • Cant be easily displayed • Transform intangibility to tangibility I’ve got a piece Of rock… Prudential Macdonald ..the Family restaurant University Degree tangible evidence of knowledge acquired Paramjit sharma
Tangibilising the Intangibles • Visualization • Association • Physical Representation • Documentation • People Involvement • Place Advantage • Promotion • Branding Paramjit sharma
Tangibilising the Intangibles • Visualization Hotels depicting benefits of dinning at restaurant through Advertisement Paramjit sharma
Tangibilising the Intangibles • Association Air India Used Friendly Maharaja Shah Rukh with Air-tel Paramjit sharma
Tangibilising the Intangibles • Physical Representation Citibank credit Card in Gold or Platinum Symbolizes wealth & Status Airlines Dress Symbolizes visibility, reliability and cleanliness Paramjit sharma
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 Paramjit sharma
Tangibilising the Intangibles • People Involvement People are often Critical Element in service Delivery Training People To be courteous in Hotel for Service Delivery Paramjit sharma
Tangibilising the Intangibles • Place Advantage The clean, well laid down interiors of a Hotel Room depicts the quality of service Paramjit sharma
Tangibilising the Intangibles • Promotion • Personal Care through Promotion Campaigns offers life long Assurance scheme Paramjit sharma
Tangibilising the Intangibles • Branding Branding helps in differentiation of the service from competitors The family Restaurant The world on time Paramjit sharma
Inconsistency Variability & Heterogeneity in services • Diff. Services on diff. Occasions. • Diff. Services to diff. customers Doctors , porters, nurses Waiters, Banks, Shops ……. Paramjit sharma
Inconsistency Different services Paramjit sharma
Inconsistency Performance of an Artist Paramjit sharma
Strategies for Dealing With Inconsistency • Industrial Services • Establish Set Rules Paramjit sharma
Strategies for Dealing With Inconsistency • Industrial Services • Hard Technologies- ATM • Soft technologies - Standardized Tours • Hybrid technologies- low priced repairs Paramjit sharma
Strategies for Dealing With Inconsistency • Establish Set Rules & procedures Limited Menu Restaurants- Pizza Ensuring consistency in service- 30 minutes Pizza delivery Paramjit sharma
inseparability It can not be separated from the creator-seller of The product Paramjit sharma
inseparability Services are typically produced And consumed simultaneously • Co-production.. dentist/patient • Isolated production.. t.v.serial • Self-services… ATM, weighing Machine Paramjit sharma
Inventory Inventory relates to perish ability characteristic in Service marketing The services cannot be easily saved, stored or inventoried Paramjit sharma
Inventory Empty seats in a stadium for a Cricket game can not be carried To the next game Paramjit sharma
Inventory Empty seats at 10 am flight to Bombay does not mean Seats may be available in the next flight Paramjit sharma
Inventory Inventory relates to perish ability characteristic in Service marketing The services cannot be easily saved, stored or inventoried Paramjit sharma
Services cant be stored,saved or inventoried High Cost of inventory Low Airlines Telecom Nursing home Restu rants Hotels Dry Clean,g Insure Co. Property agents Paramjit sharma
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 Paramjit sharma
Factors Influencing Customer Perceptions of Service Service Encounters Evidence of Service Service Quality Perceptions of Service Value Customer Satis- faction Image Price Paramjit sharma
Service Quality Spells Profits Costs Margins Defensive Marketing Volume of Purchases Service Quality Price Premium Customer Retention Profits Word of Mouth Market Share Sales Offensive Marketing Reputation Price Premium Paramjit sharma
Three Roles Customers Can Play in Service Delivery Service Delivery Productive Resources Contributors to Quality, Value, and Satisfaction Competitors Paramjit sharma
Approaches forMatching Service Delivery and Promises Reset Customer Expectations Manage Service Promises Manage Horizontal Communications Delivery > or = Promises Improve Communica- tions to Customers Paramjit sharma
Marketing 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 Paramjit sharma
thanks Paramjit sharma