SlideShare a Scribd company logo
1 of 16
MIT School of Distance
Education
Services Marketing
What is Service Marketing ?
• Service marketing refers to the activities
and processes involved in promoting and
selling intangible products or services.
• Unlike physical goods, services are
intangible and are often characterized by
their perishability, inseparability, variability,
and lack of ownership.
• Effective service marketing strategies aim
to address these unique characteristics
and create value for both the service
provider and the customer.
1) Intangibility: Services cannot be touched, seen, or felt before purchase.
Marketing efforts need to focus on conveying the benefits and value of the
service.
2) Inseparability: Services are often produced and consumed simultaneously,
making the interaction between the service provider and the customer
crucial.
3) Perishability: Services cannot be stored or inventoried, making it essential
to manage demand and capacity effectively.
4) Variability: Services can vary in quality and consistency due to the
involvement of human elements and factors.
Understanding the Service Characteristics:
1) Product (Service): Define the core service and any additional
features or enhancements.
2) Price: Determine the pricing strategy, considering the perceived
value of the service.
3) Place: Focus on the distribution channels and locations where the
service is made available.
4) Promotion: Develop marketing communication strategies to
promote the service.
Service Marketing Mix (7Ps):
5) People: Recognize the importance of service personnel in
delivering quality service.
6) Process: Design efficient and effective processes for delivering
the service.
7) Physical Evidence: Address the tangible cues that support the
service experience.
Service Marketing Mix (7Ps) (Cont’d)
Tangibility:
Products: Tangible goods that can be touched, seen, and physically measured. Examples include smartphones, clothing,
and cars.
Services: Intangible offerings that cannot be touched or seen before they are experienced. Examples include healthcare,
education, and consulting.
Production and Consumption:
Products: Generally, the production of goods is separate from their consumption. Products are manufactured, stored,
and then purchased by consumers.
Services: Often, services are produced and consumed simultaneously. The production and consumption of services may
occur in real-time and involve direct interaction between the service provider and the customer.
Ownership:
Products: Customers own and possess the physical goods they purchase. Ownership is transferred from the seller to the
buyer.
Services: Customers do not own the service but rather experience it. The service provider provides a valuable experience
or outcome during the period of service delivery.
Service Vs. Product
Customization:
Products: Customization is often limited, and variations may require separate production processes or options.
Services: Services can be highly customizable based on the individual needs and preferences of the customer.
Quality Assessment:
Products: Quality is often assessed before purchase through product features, reviews, and physical inspection.
Services: Quality is often assessed during or after the service delivery, making it dependent on the customer's experience
and perception.
Marketing Mix:
Products: The marketing mix includes the traditional 4Ps - Product, Price, Place, and Promotion.
Services: The services marketing mix often includes additional elements such as People, Process, and Physical Evidence,
making it the 7Ps.
Service Vs. Product (Cont’d)
A marketing manager is someone who takes charge of promoting a company's products or services
and their main goal is to effectively advertise the business to attract customers and enhance its
overall image in the market.
The PGDBA Marketing Management course focuses on equipping students with the knowledge and
skills necessary to effectively plan, implement, and analyze marketing strategies.
With PGDBA Marketing Management course learn Communication Skills, Strategic Thinking, Market
Research Skills, Leadership Skills, Customer Focus etc.
Why pursue PGDBA in Marketing Management ?
Why MITSDE ?
• Understand the basic concepts of marketing
• Develop analytical skills to forecast market movement
• Learn Marketing Information System tools for effective CRM,
implementation of marketing strategies and perfect the marketing
mix
• Evaluate and strategize according to the ethical and environmental
scenario
• Apply knowledge of concepts and tools to develop creative
marketing strategies and overcome challenges
1) Advertising Manager
2) Advertising Art Director
3) Market Research Manager
4) Marketing Manager
5) Digital Marketing Manager
6) Public Relations Manager
7) Business Development Manager
8) Brand Manager
Potential Careers Opportunities
:
MIT School of Distance Education is one of the largest distance learning center in India. We offer various
Post Graduate Diploma and Certificate programs & Online MBA Course across various industry sectors that
include Operations Management, Project, Information Technology, Banking and Finance, Digital Marketing,
Business Analytics and many more. MITSDE has, an online assessment system, flexi-learning approach and
provides state-of the-art Learning Management System (LMS) which is in line with its mission 'flexible
learning opportunities anywhere, anytime, and to provide ultimate convenience, ease, and flexibility to our
students.
About US
o Regularly updated syllabus
o Industry-relevant course offerings
o Courses taught by Industry Experts
o Affordable courses
o No cost EMI options
o Self-paced learning
o Live webinars and doubt solving sessions
o Quick and highly-responsive student
support
o Dedicated student support team
Advantage of learning with MITSDE
Placement Record at MITSDE
MITSDE has a dedicated Placement Cell providing 100% placement, CV building workshops and Career
Counseling.
Our Student Placement :
Placement Record at MITSDE
Contact Us
Address:
MIT Alandi Campus, Pune Moshi-Alandi Road,
Alandi-412105,Pune Maharashtra (India)
Phone: 9112-207-207 / 9028-258-800
Email ID: admissions@mitsde.com
Website: www.mitsde.com
Thank you

More Related Content

Similar to Services Marketing

The Management of Service & Quality
The Management of Service & QualityThe Management of Service & Quality
The Management of Service & QualityNavin Raj Saroj
 
Sales & Marketing introduction - Session 2
Sales & Marketing introduction - Session 2Sales & Marketing introduction - Session 2
Sales & Marketing introduction - Session 2Ahmed Roshdy
 
Sales & Marketing introduction - Session 5
Sales & Marketing introduction - Session 5Sales & Marketing introduction - Session 5
Sales & Marketing introduction - Session 5Ahmed Roshdy
 
SERVICES MARKETING M20MB3250_Unit1.pptx
SERVICES MARKETING M20MB3250_Unit1.pptxSERVICES MARKETING M20MB3250_Unit1.pptx
SERVICES MARKETING M20MB3250_Unit1.pptxAnshu Mrinal
 
Bb Marketing
Bb MarketingBb Marketing
Bb Marketingbhagchand
 
Services marketing hu-unit-1
Services marketing hu-unit-1Services marketing hu-unit-1
Services marketing hu-unit-1Prasoon Agarwal
 
designing and managing service
designing and managing servicedesigning and managing service
designing and managing serviceNishant Pahad
 
designing and managing service
designing and managing servicedesigning and managing service
designing and managing serviceNishant Pahad
 
ME Lecture 10.pptx
ME Lecture 10.pptxME Lecture 10.pptx
ME Lecture 10.pptxRuhDil
 
Service marketing Notes
Service marketing NotesService marketing Notes
Service marketing NotesJayakrishnan V
 
Management of service scope.pptx
Management of service scope.pptxManagement of service scope.pptx
Management of service scope.pptxRajvinder Deol
 
Quality service delivery
Quality service deliveryQuality service delivery
Quality service deliveryDr. Sunil Kumar
 
marketing analytics metrics.pptx
marketing analytics metrics.pptxmarketing analytics metrics.pptx
marketing analytics metrics.pptxMITSDEDistance
 
Introduction to Marketing, Features, Needs and Scope
Introduction to Marketing, Features, Needs and ScopeIntroduction to Marketing, Features, Needs and Scope
Introduction to Marketing, Features, Needs and ScopeWasim Khan
 
What is Consumer Behaviour.pptx
What is Consumer Behaviour.pptxWhat is Consumer Behaviour.pptx
What is Consumer Behaviour.pptxMITSDEDistance
 

Similar to Services Marketing (20)

The Management of Service & Quality
The Management of Service & QualityThe Management of Service & Quality
The Management of Service & Quality
 
Concept of marketing mix
Concept of marketing mixConcept of marketing mix
Concept of marketing mix
 
bba605.pptx
bba605.pptxbba605.pptx
bba605.pptx
 
Service marketing
Service marketingService marketing
Service marketing
 
Sales & Marketing introduction - Session 2
Sales & Marketing introduction - Session 2Sales & Marketing introduction - Session 2
Sales & Marketing introduction - Session 2
 
Sales & Marketing introduction - Session 5
Sales & Marketing introduction - Session 5Sales & Marketing introduction - Session 5
Sales & Marketing introduction - Session 5
 
SERVICES MARKETING M20MB3250_Unit1.pptx
SERVICES MARKETING M20MB3250_Unit1.pptxSERVICES MARKETING M20MB3250_Unit1.pptx
SERVICES MARKETING M20MB3250_Unit1.pptx
 
Bb Marketing
Bb MarketingBb Marketing
Bb Marketing
 
Services marketing hu-unit-1
Services marketing hu-unit-1Services marketing hu-unit-1
Services marketing hu-unit-1
 
designing and managing service
designing and managing servicedesigning and managing service
designing and managing service
 
designing and managing service
designing and managing servicedesigning and managing service
designing and managing service
 
Chapter 02.pptx
Chapter 02.pptxChapter 02.pptx
Chapter 02.pptx
 
ME Lecture 10.pptx
ME Lecture 10.pptxME Lecture 10.pptx
ME Lecture 10.pptx
 
Service marketing mix
Service marketing mixService marketing mix
Service marketing mix
 
Service marketing Notes
Service marketing NotesService marketing Notes
Service marketing Notes
 
Management of service scope.pptx
Management of service scope.pptxManagement of service scope.pptx
Management of service scope.pptx
 
Quality service delivery
Quality service deliveryQuality service delivery
Quality service delivery
 
marketing analytics metrics.pptx
marketing analytics metrics.pptxmarketing analytics metrics.pptx
marketing analytics metrics.pptx
 
Introduction to Marketing, Features, Needs and Scope
Introduction to Marketing, Features, Needs and ScopeIntroduction to Marketing, Features, Needs and Scope
Introduction to Marketing, Features, Needs and Scope
 
What is Consumer Behaviour.pptx
What is Consumer Behaviour.pptxWhat is Consumer Behaviour.pptx
What is Consumer Behaviour.pptx
 

More from MITSDEDistance

Database management system in IT management
Database management system in IT managementDatabase management system in IT management
Database management system in IT managementMITSDEDistance
 
Information Technology Security Management
Information Technology Security ManagementInformation Technology Security Management
Information Technology Security ManagementMITSDEDistance
 
Stakeholder management in Project Management
Stakeholder management in Project ManagementStakeholder management in Project Management
Stakeholder management in Project ManagementMITSDEDistance
 
Project Quality management in Project Management
Project Quality management in Project ManagementProject Quality management in Project Management
Project Quality management in Project ManagementMITSDEDistance
 
Agile project management in Project management
Agile project management in Project managementAgile project management in Project management
Agile project management in Project managementMITSDEDistance
 
Talent Acquisition in HR management.pptx
Talent Acquisition in HR management.pptxTalent Acquisition in HR management.pptx
Talent Acquisition in HR management.pptxMITSDEDistance
 
Learning and development in HR management.pptx
Learning and development in HR management.pptxLearning and development in HR management.pptx
Learning and development in HR management.pptxMITSDEDistance
 
What is Brand Loyalty in Marketing Management
What is Brand Loyalty in Marketing ManagementWhat is Brand Loyalty in Marketing Management
What is Brand Loyalty in Marketing ManagementMITSDEDistance
 
Social media marketing.pptx
Social media marketing.pptxSocial media marketing.pptx
Social media marketing.pptxMITSDEDistance
 
Warehouse management.pptx
Warehouse management.pptxWarehouse management.pptx
Warehouse management.pptxMITSDEDistance
 
Inventory management.pptx
Inventory management.pptxInventory management.pptx
Inventory management.pptxMITSDEDistance
 
Training and development in HR Management.pptx
Training and development in HR Management.pptxTraining and development in HR Management.pptx
Training and development in HR Management.pptxMITSDEDistance
 
SUPPLIER RISK MANAGEMENT.pptx
SUPPLIER RISK MANAGEMENT.pptxSUPPLIER RISK MANAGEMENT.pptx
SUPPLIER RISK MANAGEMENT.pptxMITSDEDistance
 
Generative AI for Marketers.pptx
Generative AI for Marketers.pptxGenerative AI for Marketers.pptx
Generative AI for Marketers.pptxMITSDEDistance
 
Essential Stages of Contract Management.pptx
Essential Stages of Contract Management.pptxEssential Stages of Contract Management.pptx
Essential Stages of Contract Management.pptxMITSDEDistance
 

More from MITSDEDistance (20)

Database management system in IT management
Database management system in IT managementDatabase management system in IT management
Database management system in IT management
 
Information Technology Security Management
Information Technology Security ManagementInformation Technology Security Management
Information Technology Security Management
 
Stakeholder management in Project Management
Stakeholder management in Project ManagementStakeholder management in Project Management
Stakeholder management in Project Management
 
Project Quality management in Project Management
Project Quality management in Project ManagementProject Quality management in Project Management
Project Quality management in Project Management
 
Agile project management in Project management
Agile project management in Project managementAgile project management in Project management
Agile project management in Project management
 
Talent Acquisition in HR management.pptx
Talent Acquisition in HR management.pptxTalent Acquisition in HR management.pptx
Talent Acquisition in HR management.pptx
 
Learning and development in HR management.pptx
Learning and development in HR management.pptxLearning and development in HR management.pptx
Learning and development in HR management.pptx
 
What is Brand Loyalty in Marketing Management
What is Brand Loyalty in Marketing ManagementWhat is Brand Loyalty in Marketing Management
What is Brand Loyalty in Marketing Management
 
Social media marketing.pptx
Social media marketing.pptxSocial media marketing.pptx
Social media marketing.pptx
 
Warehouse management.pptx
Warehouse management.pptxWarehouse management.pptx
Warehouse management.pptx
 
Inventory management.pptx
Inventory management.pptxInventory management.pptx
Inventory management.pptx
 
Financial Budgeting
Financial BudgetingFinancial Budgeting
Financial Budgeting
 
Risk Management.pptx
Risk Management.pptxRisk Management.pptx
Risk Management.pptx
 
Training and development in HR Management.pptx
Training and development in HR Management.pptxTraining and development in HR Management.pptx
Training and development in HR Management.pptx
 
HR Management.pptx
HR Management.pptxHR Management.pptx
HR Management.pptx
 
Brand Marketing.pptx
Brand Marketing.pptxBrand Marketing.pptx
Brand Marketing.pptx
 
Embedded Analytics
Embedded AnalyticsEmbedded Analytics
Embedded Analytics
 
SUPPLIER RISK MANAGEMENT.pptx
SUPPLIER RISK MANAGEMENT.pptxSUPPLIER RISK MANAGEMENT.pptx
SUPPLIER RISK MANAGEMENT.pptx
 
Generative AI for Marketers.pptx
Generative AI for Marketers.pptxGenerative AI for Marketers.pptx
Generative AI for Marketers.pptx
 
Essential Stages of Contract Management.pptx
Essential Stages of Contract Management.pptxEssential Stages of Contract Management.pptx
Essential Stages of Contract Management.pptx
 

Recently uploaded

Introduction to ArtificiaI Intelligence in Higher Education
Introduction to ArtificiaI Intelligence in Higher EducationIntroduction to ArtificiaI Intelligence in Higher Education
Introduction to ArtificiaI Intelligence in Higher Educationpboyjonauth
 
Final demo Grade 9 for demo Plan dessert.pptx
Final demo Grade 9 for demo Plan dessert.pptxFinal demo Grade 9 for demo Plan dessert.pptx
Final demo Grade 9 for demo Plan dessert.pptxAvyJaneVismanos
 
Introduction to AI in Higher Education_draft.pptx
Introduction to AI in Higher Education_draft.pptxIntroduction to AI in Higher Education_draft.pptx
Introduction to AI in Higher Education_draft.pptxpboyjonauth
 
How to Configure Email Server in Odoo 17
How to Configure Email Server in Odoo 17How to Configure Email Server in Odoo 17
How to Configure Email Server in Odoo 17Celine George
 
Computed Fields and api Depends in the Odoo 17
Computed Fields and api Depends in the Odoo 17Computed Fields and api Depends in the Odoo 17
Computed Fields and api Depends in the Odoo 17Celine George
 
Like-prefer-love -hate+verb+ing & silent letters & citizenship text.pdf
Like-prefer-love -hate+verb+ing & silent letters & citizenship text.pdfLike-prefer-love -hate+verb+ing & silent letters & citizenship text.pdf
Like-prefer-love -hate+verb+ing & silent letters & citizenship text.pdfMr Bounab Samir
 
Pharmacognosy Flower 3. Compositae 2023.pdf
Pharmacognosy Flower 3. Compositae 2023.pdfPharmacognosy Flower 3. Compositae 2023.pdf
Pharmacognosy Flower 3. Compositae 2023.pdfMahmoud M. Sallam
 
ECONOMIC CONTEXT - LONG FORM TV DRAMA - PPT
ECONOMIC CONTEXT - LONG FORM TV DRAMA - PPTECONOMIC CONTEXT - LONG FORM TV DRAMA - PPT
ECONOMIC CONTEXT - LONG FORM TV DRAMA - PPTiammrhaywood
 
Painted Grey Ware.pptx, PGW Culture of India
Painted Grey Ware.pptx, PGW Culture of IndiaPainted Grey Ware.pptx, PGW Culture of India
Painted Grey Ware.pptx, PGW Culture of IndiaVirag Sontakke
 
Capitol Tech U Doctoral Presentation - April 2024.pptx
Capitol Tech U Doctoral Presentation - April 2024.pptxCapitol Tech U Doctoral Presentation - April 2024.pptx
Capitol Tech U Doctoral Presentation - April 2024.pptxCapitolTechU
 
Historical philosophical, theoretical, and legal foundations of special and i...
Historical philosophical, theoretical, and legal foundations of special and i...Historical philosophical, theoretical, and legal foundations of special and i...
Historical philosophical, theoretical, and legal foundations of special and i...jaredbarbolino94
 
Presiding Officer Training module 2024 lok sabha elections
Presiding Officer Training module 2024 lok sabha electionsPresiding Officer Training module 2024 lok sabha elections
Presiding Officer Training module 2024 lok sabha electionsanshu789521
 
Employee wellbeing at the workplace.pptx
Employee wellbeing at the workplace.pptxEmployee wellbeing at the workplace.pptx
Employee wellbeing at the workplace.pptxNirmalaLoungPoorunde1
 
How to Make a Pirate ship Primary Education.pptx
How to Make a Pirate ship Primary Education.pptxHow to Make a Pirate ship Primary Education.pptx
How to Make a Pirate ship Primary Education.pptxmanuelaromero2013
 
Difference Between Search & Browse Methods in Odoo 17
Difference Between Search & Browse Methods in Odoo 17Difference Between Search & Browse Methods in Odoo 17
Difference Between Search & Browse Methods in Odoo 17Celine George
 
call girls in Kamla Market (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️
call girls in Kamla Market (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️call girls in Kamla Market (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️
call girls in Kamla Market (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️9953056974 Low Rate Call Girls In Saket, Delhi NCR
 
Blooming Together_ Growing a Community Garden Worksheet.docx
Blooming Together_ Growing a Community Garden Worksheet.docxBlooming Together_ Growing a Community Garden Worksheet.docx
Blooming Together_ Growing a Community Garden Worksheet.docxUnboundStockton
 
Alper Gobel In Media Res Media Component
Alper Gobel In Media Res Media ComponentAlper Gobel In Media Res Media Component
Alper Gobel In Media Res Media ComponentInMediaRes1
 

Recently uploaded (20)

Introduction to ArtificiaI Intelligence in Higher Education
Introduction to ArtificiaI Intelligence in Higher EducationIntroduction to ArtificiaI Intelligence in Higher Education
Introduction to ArtificiaI Intelligence in Higher Education
 
Model Call Girl in Bikash Puri Delhi reach out to us at 🔝9953056974🔝
Model Call Girl in Bikash Puri  Delhi reach out to us at 🔝9953056974🔝Model Call Girl in Bikash Puri  Delhi reach out to us at 🔝9953056974🔝
Model Call Girl in Bikash Puri Delhi reach out to us at 🔝9953056974🔝
 
Final demo Grade 9 for demo Plan dessert.pptx
Final demo Grade 9 for demo Plan dessert.pptxFinal demo Grade 9 for demo Plan dessert.pptx
Final demo Grade 9 for demo Plan dessert.pptx
 
Introduction to AI in Higher Education_draft.pptx
Introduction to AI in Higher Education_draft.pptxIntroduction to AI in Higher Education_draft.pptx
Introduction to AI in Higher Education_draft.pptx
 
How to Configure Email Server in Odoo 17
How to Configure Email Server in Odoo 17How to Configure Email Server in Odoo 17
How to Configure Email Server in Odoo 17
 
Computed Fields and api Depends in the Odoo 17
Computed Fields and api Depends in the Odoo 17Computed Fields and api Depends in the Odoo 17
Computed Fields and api Depends in the Odoo 17
 
Like-prefer-love -hate+verb+ing & silent letters & citizenship text.pdf
Like-prefer-love -hate+verb+ing & silent letters & citizenship text.pdfLike-prefer-love -hate+verb+ing & silent letters & citizenship text.pdf
Like-prefer-love -hate+verb+ing & silent letters & citizenship text.pdf
 
Pharmacognosy Flower 3. Compositae 2023.pdf
Pharmacognosy Flower 3. Compositae 2023.pdfPharmacognosy Flower 3. Compositae 2023.pdf
Pharmacognosy Flower 3. Compositae 2023.pdf
 
ECONOMIC CONTEXT - LONG FORM TV DRAMA - PPT
ECONOMIC CONTEXT - LONG FORM TV DRAMA - PPTECONOMIC CONTEXT - LONG FORM TV DRAMA - PPT
ECONOMIC CONTEXT - LONG FORM TV DRAMA - PPT
 
ESSENTIAL of (CS/IT/IS) class 06 (database)
ESSENTIAL of (CS/IT/IS) class 06 (database)ESSENTIAL of (CS/IT/IS) class 06 (database)
ESSENTIAL of (CS/IT/IS) class 06 (database)
 
Painted Grey Ware.pptx, PGW Culture of India
Painted Grey Ware.pptx, PGW Culture of IndiaPainted Grey Ware.pptx, PGW Culture of India
Painted Grey Ware.pptx, PGW Culture of India
 
Capitol Tech U Doctoral Presentation - April 2024.pptx
Capitol Tech U Doctoral Presentation - April 2024.pptxCapitol Tech U Doctoral Presentation - April 2024.pptx
Capitol Tech U Doctoral Presentation - April 2024.pptx
 
Historical philosophical, theoretical, and legal foundations of special and i...
Historical philosophical, theoretical, and legal foundations of special and i...Historical philosophical, theoretical, and legal foundations of special and i...
Historical philosophical, theoretical, and legal foundations of special and i...
 
Presiding Officer Training module 2024 lok sabha elections
Presiding Officer Training module 2024 lok sabha electionsPresiding Officer Training module 2024 lok sabha elections
Presiding Officer Training module 2024 lok sabha elections
 
Employee wellbeing at the workplace.pptx
Employee wellbeing at the workplace.pptxEmployee wellbeing at the workplace.pptx
Employee wellbeing at the workplace.pptx
 
How to Make a Pirate ship Primary Education.pptx
How to Make a Pirate ship Primary Education.pptxHow to Make a Pirate ship Primary Education.pptx
How to Make a Pirate ship Primary Education.pptx
 
Difference Between Search & Browse Methods in Odoo 17
Difference Between Search & Browse Methods in Odoo 17Difference Between Search & Browse Methods in Odoo 17
Difference Between Search & Browse Methods in Odoo 17
 
call girls in Kamla Market (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️
call girls in Kamla Market (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️call girls in Kamla Market (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️
call girls in Kamla Market (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️
 
Blooming Together_ Growing a Community Garden Worksheet.docx
Blooming Together_ Growing a Community Garden Worksheet.docxBlooming Together_ Growing a Community Garden Worksheet.docx
Blooming Together_ Growing a Community Garden Worksheet.docx
 
Alper Gobel In Media Res Media Component
Alper Gobel In Media Res Media ComponentAlper Gobel In Media Res Media Component
Alper Gobel In Media Res Media Component
 

Services Marketing

  • 1. MIT School of Distance Education Services Marketing
  • 2. What is Service Marketing ? • Service marketing refers to the activities and processes involved in promoting and selling intangible products or services. • Unlike physical goods, services are intangible and are often characterized by their perishability, inseparability, variability, and lack of ownership. • Effective service marketing strategies aim to address these unique characteristics and create value for both the service provider and the customer.
  • 3. 1) Intangibility: Services cannot be touched, seen, or felt before purchase. Marketing efforts need to focus on conveying the benefits and value of the service. 2) Inseparability: Services are often produced and consumed simultaneously, making the interaction between the service provider and the customer crucial. 3) Perishability: Services cannot be stored or inventoried, making it essential to manage demand and capacity effectively. 4) Variability: Services can vary in quality and consistency due to the involvement of human elements and factors. Understanding the Service Characteristics:
  • 4. 1) Product (Service): Define the core service and any additional features or enhancements. 2) Price: Determine the pricing strategy, considering the perceived value of the service. 3) Place: Focus on the distribution channels and locations where the service is made available. 4) Promotion: Develop marketing communication strategies to promote the service. Service Marketing Mix (7Ps):
  • 5. 5) People: Recognize the importance of service personnel in delivering quality service. 6) Process: Design efficient and effective processes for delivering the service. 7) Physical Evidence: Address the tangible cues that support the service experience. Service Marketing Mix (7Ps) (Cont’d)
  • 6. Tangibility: Products: Tangible goods that can be touched, seen, and physically measured. Examples include smartphones, clothing, and cars. Services: Intangible offerings that cannot be touched or seen before they are experienced. Examples include healthcare, education, and consulting. Production and Consumption: Products: Generally, the production of goods is separate from their consumption. Products are manufactured, stored, and then purchased by consumers. Services: Often, services are produced and consumed simultaneously. The production and consumption of services may occur in real-time and involve direct interaction between the service provider and the customer. Ownership: Products: Customers own and possess the physical goods they purchase. Ownership is transferred from the seller to the buyer. Services: Customers do not own the service but rather experience it. The service provider provides a valuable experience or outcome during the period of service delivery. Service Vs. Product
  • 7. Customization: Products: Customization is often limited, and variations may require separate production processes or options. Services: Services can be highly customizable based on the individual needs and preferences of the customer. Quality Assessment: Products: Quality is often assessed before purchase through product features, reviews, and physical inspection. Services: Quality is often assessed during or after the service delivery, making it dependent on the customer's experience and perception. Marketing Mix: Products: The marketing mix includes the traditional 4Ps - Product, Price, Place, and Promotion. Services: The services marketing mix often includes additional elements such as People, Process, and Physical Evidence, making it the 7Ps. Service Vs. Product (Cont’d)
  • 8. A marketing manager is someone who takes charge of promoting a company's products or services and their main goal is to effectively advertise the business to attract customers and enhance its overall image in the market. The PGDBA Marketing Management course focuses on equipping students with the knowledge and skills necessary to effectively plan, implement, and analyze marketing strategies. With PGDBA Marketing Management course learn Communication Skills, Strategic Thinking, Market Research Skills, Leadership Skills, Customer Focus etc. Why pursue PGDBA in Marketing Management ?
  • 9. Why MITSDE ? • Understand the basic concepts of marketing • Develop analytical skills to forecast market movement • Learn Marketing Information System tools for effective CRM, implementation of marketing strategies and perfect the marketing mix • Evaluate and strategize according to the ethical and environmental scenario • Apply knowledge of concepts and tools to develop creative marketing strategies and overcome challenges
  • 10. 1) Advertising Manager 2) Advertising Art Director 3) Market Research Manager 4) Marketing Manager 5) Digital Marketing Manager 6) Public Relations Manager 7) Business Development Manager 8) Brand Manager Potential Careers Opportunities :
  • 11. MIT School of Distance Education is one of the largest distance learning center in India. We offer various Post Graduate Diploma and Certificate programs & Online MBA Course across various industry sectors that include Operations Management, Project, Information Technology, Banking and Finance, Digital Marketing, Business Analytics and many more. MITSDE has, an online assessment system, flexi-learning approach and provides state-of the-art Learning Management System (LMS) which is in line with its mission 'flexible learning opportunities anywhere, anytime, and to provide ultimate convenience, ease, and flexibility to our students. About US
  • 12. o Regularly updated syllabus o Industry-relevant course offerings o Courses taught by Industry Experts o Affordable courses o No cost EMI options o Self-paced learning o Live webinars and doubt solving sessions o Quick and highly-responsive student support o Dedicated student support team Advantage of learning with MITSDE
  • 13. Placement Record at MITSDE MITSDE has a dedicated Placement Cell providing 100% placement, CV building workshops and Career Counseling. Our Student Placement :
  • 15. Contact Us Address: MIT Alandi Campus, Pune Moshi-Alandi Road, Alandi-412105,Pune Maharashtra (India) Phone: 9112-207-207 / 9028-258-800 Email ID: admissions@mitsde.com Website: www.mitsde.com