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GLOBAL MARKETING. Services Marketing. What is Service?. Any act of performance that one party can offer to another that is essentially intangible and does not result in the ownership of anything. Its production may or may not be tied to a physical product. Categories of Service Mix.
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GLOBAL MARKETING Services Marketing
What is Service? • Any act of performance that one party can offer to another that is essentially intangible and does not result in the ownership of anything. Its production may or may not be tied to a physical product.
Categories of Service Mix • Pure tangible good • Tangible good with accompanying services • Hybrid • Major service with accompanying minor goods and services • Pure service
Characteristics of Services • Intangibility • Inseparability • Variability • Perishability
Service Differentiation • Provide unparalleled service to set your firm apart from competitors • Five dimensions of service quality:
Service Quality Model Personal needs Past experience Word-of-mouth communications Expected service GAP 5 Perceived service Consumer Marketer External communications to consumers GAP 4 Service delivery GAP 3 GAP 1 Translation of perceptions into service quality specifications GAP 2 Management of perceptions of consumer expectations
Service Quality Gaps • Gap 1 Gap between consumer expectation and management perception. • Gap 2 Gap between management perception and service-quality specification.
Gap 3 Gap between service-quality specifications and service delivery. • Gap 4 Gap between service delivery and external communications.
Gap 5 Gap between perceived service and expected service.
Managing Service Quality • Be customer focused • Be committed to service quality • Maintain highest service quality standards • Audit service performance • Satisfy customer complaints • Satisfy employees