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CHARACTERISTICS OF SERVICES COMPARED TO GOODS
Goods SERVICES
1. Tangible E.g., Mobile, TV 1. Intangible E.g., Teaching, Hospitality, media
2. Homogeneous (Standardized) 2. Heterogenous
(e.g., produced many products at a time) (e.g., medical consultation is different to each patient)
1. Inseparability 3.Simultanous Production and Consumption)
(Production separate from Consumption)
4.Nonperishable 4. Perishable( e.g., we cannot store or transfer to next
day (e.g.,we can store Tvs for a certain period) e.g., vacancies in a flight)
Service Marketing is simply defined as a phenomenon wherein a
service or an intangible commodity is promoted and marketed among
the target audience.
SERVICE SECTORS- TRAVEL SECTOR
SERVICE SECTORS- TOURISM SECTOR
SERVICE SECTORS- HOSPITALITY SECTOR
SERVICE SECTORS- EVENT (Management)SECTOR
SERVICE SECTORS- IT & ITeS SECTOR
SERVICE SECTORS- HOSPITALITY SECTOR
SERVICE SECTORS- MEDIA AND ENTERTAINMENT SECTOR
SERVICE SECTORS- BANKING AND INSURANCE SECTOR
EXPANDED MARKETING MIX FOR SERVICES
Product
 Physical good
features
 Quality Level
 Accessories
 Packaging
 Warranties
 Product lines
 Branding
Place
 Channel Type
 Exposure
 Intermediaries
 Outlet Locations
 Transportation
 Storage
 Managing Channels
Promotion
 Promotion Blend
 Sales People
 -Selection
 Tranning
 Incentives
Advertising
 Media Types
 Types of Ads
 Sales Promotion
 Publicity
 Internet/ Web
Strategy
Price
 Flexibility
 Price Level
 Terms ‘
 Differentiation
 Discounts
 Allowances
People
Employees
 Recruitment
 Training
 Motivation
 Rewards
 Team Work
Customers
 Education
 Training
Process
Flow of Activities
Standardization
Customized
Number of Steps
Simple
Complex
Customer involvement
Physical Evidence
Facility Design
Equipment
Signage
Employee Dress
Other Tangibles
Reports
Business Cards
Statements
Guarantees
The five service quality dimensions are: (SERVQUAL MODEL)
 i)Tangibility,
 ii)Reliability,
 iii)Responsiveness,
 iv)Assurance
 v) Empathy.
TECHNOLOGICAL INNOVATIONS – EMERGING TRENDS- SERVICES SECTOR
ROBO KITCHEN
TECHNOLOGICAL INNOVATIONS – EMERGING TRENDS- SERVICES SECTOR
ROBO F & B
TECHNOLOGICAL INNOVATIONS – EMERGING TRENDS- SERVICES SECTOR
Communities on APPs
TECHNOLOGICAL INNOVATIONS – EMERGING TRENDS- SERVICES SECTOR
ROBO FRONT OFFICE
TECHNOLOGICAL INNOVATIONS – EMERGING TRENDS- SERVICES SECTOR
MARKETING STRATEGIES -PHYSCIAL EVIDENCE OF A SERVICE
Physical evidence is the environment in which the service is delivered and where the firm and the
customer interact and any tangible commodities that facilitate performance or communication of the service.
Importance in Physical Evidence in Services
1. Increase Productivity : Service Outlet, Interior, Ambiance
2. Creating Better Perceptions
3. Managing Better Service Quality
4. Repositioning of Services
https://www.youtube.com/watch?v=Z5mYP27XowA
MARKETING STRATEGIES –Digital Marketing
1. Production Orientation
2. Selling Orientation
3. Product Orientation
4. Marketing Concept
5. Societal Marketing Concept
6. Niche Market
7. Customer Satisfaction -Customer Delight
8. Organic Marketing
9. Inorganic Marketing
10. Affiliate Marketing
11. Content Marketing
12. Influencer Marketing
13. Social Media Marketing- Tool for Social Listening
14. Customer Testimonials
15. International and National Certifications and Awards
16. SSTs ( Self Service Technologies)
17. Customization
18. Value Addition +
Thank You

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Marketing Strategies in Services Sector in Digital World

  • 1.
  • 2. CHARACTERISTICS OF SERVICES COMPARED TO GOODS Goods SERVICES 1. Tangible E.g., Mobile, TV 1. Intangible E.g., Teaching, Hospitality, media 2. Homogeneous (Standardized) 2. Heterogenous (e.g., produced many products at a time) (e.g., medical consultation is different to each patient) 1. Inseparability 3.Simultanous Production and Consumption) (Production separate from Consumption) 4.Nonperishable 4. Perishable( e.g., we cannot store or transfer to next day (e.g.,we can store Tvs for a certain period) e.g., vacancies in a flight) Service Marketing is simply defined as a phenomenon wherein a service or an intangible commodity is promoted and marketed among the target audience.
  • 6. SERVICE SECTORS- EVENT (Management)SECTOR
  • 7. SERVICE SECTORS- IT & ITeS SECTOR
  • 9. SERVICE SECTORS- MEDIA AND ENTERTAINMENT SECTOR
  • 10. SERVICE SECTORS- BANKING AND INSURANCE SECTOR
  • 11. EXPANDED MARKETING MIX FOR SERVICES Product  Physical good features  Quality Level  Accessories  Packaging  Warranties  Product lines  Branding Place  Channel Type  Exposure  Intermediaries  Outlet Locations  Transportation  Storage  Managing Channels Promotion  Promotion Blend  Sales People  -Selection  Tranning  Incentives Advertising  Media Types  Types of Ads  Sales Promotion  Publicity  Internet/ Web Strategy Price  Flexibility  Price Level  Terms ‘  Differentiation  Discounts  Allowances People Employees  Recruitment  Training  Motivation  Rewards  Team Work Customers  Education  Training Process Flow of Activities Standardization Customized Number of Steps Simple Complex Customer involvement Physical Evidence Facility Design Equipment Signage Employee Dress Other Tangibles Reports Business Cards Statements Guarantees
  • 12. The five service quality dimensions are: (SERVQUAL MODEL)  i)Tangibility,  ii)Reliability,  iii)Responsiveness,  iv)Assurance  v) Empathy.
  • 13.
  • 14. TECHNOLOGICAL INNOVATIONS – EMERGING TRENDS- SERVICES SECTOR ROBO KITCHEN
  • 15. TECHNOLOGICAL INNOVATIONS – EMERGING TRENDS- SERVICES SECTOR ROBO F & B
  • 16. TECHNOLOGICAL INNOVATIONS – EMERGING TRENDS- SERVICES SECTOR Communities on APPs
  • 17. TECHNOLOGICAL INNOVATIONS – EMERGING TRENDS- SERVICES SECTOR ROBO FRONT OFFICE
  • 18. TECHNOLOGICAL INNOVATIONS – EMERGING TRENDS- SERVICES SECTOR
  • 19. MARKETING STRATEGIES -PHYSCIAL EVIDENCE OF A SERVICE Physical evidence is the environment in which the service is delivered and where the firm and the customer interact and any tangible commodities that facilitate performance or communication of the service. Importance in Physical Evidence in Services 1. Increase Productivity : Service Outlet, Interior, Ambiance 2. Creating Better Perceptions 3. Managing Better Service Quality 4. Repositioning of Services https://www.youtube.com/watch?v=Z5mYP27XowA
  • 20. MARKETING STRATEGIES –Digital Marketing 1. Production Orientation 2. Selling Orientation 3. Product Orientation 4. Marketing Concept 5. Societal Marketing Concept 6. Niche Market 7. Customer Satisfaction -Customer Delight 8. Organic Marketing 9. Inorganic Marketing 10. Affiliate Marketing 11. Content Marketing 12. Influencer Marketing 13. Social Media Marketing- Tool for Social Listening 14. Customer Testimonials 15. International and National Certifications and Awards 16. SSTs ( Self Service Technologies) 17. Customization 18. Value Addition +