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

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Presentation on theme: "Services Marketing (9) What makes it different from marketing products? MAR 331."— Presentation transcript:

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

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

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

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

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

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

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

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

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