Service marketing provides an experience with the promise of results. It involves promoting economic activities offered by businesses to clients, such as telecommunications, health treatment, and financial services.
Some key characteristics of service marketing include intangibility, inseparability, variability, and perishability. Services cannot be seen or touched before being experienced. They are produced and consumed simultaneously. The quality of a service can vary with each use. And services cannot be stored after being provided to a customer.
Customer satisfaction is important for recurring sales and positive word-of-mouth promotion that contributes to economic growth. The 7 Ps marketing mix framework includes traditional factors like product, price, and promotion, as well as additional factors for services like people