Services Marketing

210.00

TYBMS — SEMESTER – V

Author: Romeo S. Mascarenhas

SEVENTH REVISED EDITION 2024

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Description

SYLLABUS

(1)    Introduction of Services Marketing:  

  • Services Marketing Concept, Distinctive Characteristics of Services, Services Marketing Triangle, Purchase Process for Services, Marketing Challenges of Services.
  • Role of Services in Modern Economy, Services Marketing Environment.
  • Goods vs Services Marketing, Goods Services Continuum.
  • Consumer Behaviour, Positioning a Service in the Market Place.
  • Variations in Customer Involvement, Impact of Service Recovery Efforts on Consumer Loyalty.
  • Type of Contact: High Contact Services and Low Contact Services.
  • Sensitivity to Customers’ Reluctance to Change.

(2)    Key Elements of Services Marketing Mix: 

  • The Service Product, Pricing Mix, Promotion and Communication Mix, Place / Distribution of Service, People, Physical Evidence, Process-Service Mapping-Flowcharting.
  • Branding of Services – Problems and Solutions.
  • Options for Service Delivery.

 

(3)    Managing Quality Aspects of Services Marketing: 

  • Improving Service Quality and Productivity.
  • Service Quality – GAP Model, Benchmarking, Measuring Service Quality -Zone of Tolerance and Improving Service Quality.
  • The SERVQUAL Model.
  • Defining Productivity – Improving Productivity.
  • Demand and Capacity Alignment.

 

(4)    Marketing of Services:    

  • International and Global Strategies in Services Marketing: Services in the Global Economy- Moving from Domestic to Transnational Marketing.
  • Factors Favoring Transnational Strategy.
  • Elements of Transnational Strategy.
  • Recent Trends in Marketing of Services in: Tourism, Hospitality, Healthcare, Banking, Insurance, Education, IT and Entertainment Industry.
  • Ethics in Services Marketing: Meaning, Importance, Unethical Practices in Service Sector.
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