SlideShare a Scribd company logo
1 of 13
Services Marketing
Sajay Vishnu T
22401031
INTRODUCTION
Services marketing is a specialized branch of
marketing that deals with the promotion and sale of
intangible products, such as education, healthcare,
and financial services.
It is a new way of marketing that has become very
popular and helps companies all over the world
promote their services.
Service marketing is different from product
marketing, which involves promoting a product
that can be seen. Instead, service marketing
involves promoting a service that can’t be seen
but is still sold to customers.
In services marketing, the focus is on
understanding the customer's needs and
expectations and delivering a service experience
that meets or exceeds those expectations.
• It is an important area of marketing that plays
a crucial role in helping businesses to connect
with customers, build strong relationships,
and create lasting value
SERVICES MARKETING EXAMPLES
Healthcare industry: Doctors, nurses, surgeons,
and other people who work in hospitals are great
examples they sell their health services by seeing
and taking care of their patients.
Hospitality industry: The hospitality industry is
made up of places like hotels and restaurants that
serve food, rent rooms, give massages, and do other
things for their customers.
Professional services: Accountants, lawyers,
teachers, writers, masons, carpenters, chefs,
electricians, and plumbers are all examples of service-
based jobs. Depending on the job, they may offer
more than one service to their clients.
UNIQUE CHARACTERISTICS OF SERVICES
Services are intangible and cannot be stored or owned
like physical products. For example, a haircut cannot
be stored for future use.
Services are perishable and cannot be inventoried.
Once the service is performed, it cannot be sold again.
For example, an empty seat on a flight cannot be sold
after the plane takes off.
TYPES OF SERVICE MARKETING
External Service Marketing: promoting and
communicating the value of a company's services to
potential customers and the broader market.
Internal Service Marketing: promoting and
communicating the value of a company's services to its
own employees.
Interactive Service Marketing: Service promotion
happens between the employees and the customers,
Employees talk to customers to promote the services of
their company, as the name suggests.
THE SERVICE MARKETING MIX
The service marketing mix is a set of tools and
strategies used to promote and sell services.
 It differs from the traditional marketing mix in that
it focuses on intangible factors such as customer
experience and relationship building.
The four P's of the service marketing mix are
people, process, physical evidence, and promotion
DEVELOPING A SERVICE MARKETING
STRATEGY
 identify the target market and understand their
needs and preferences.
develop a positioning strategy that differentiates
your service from competitors.
 develop a marketing mix that includes product,
price, promotion, and place strategies that align
with your overall positioning strategy.
SERVICE QUALITY AND CUSTOMER
SATISFACTION
 Service quality and customer satisfaction are two
critical components of service marketing.
Service quality refers to the overall excellence or
superiority of service provided to customers
 Customer satisfaction refers to the level of satisfaction
or contentment that customers experience after using a
particular service.
CONCLUSION
• In recent years, service marketing has become much
more important as more and more services, like
education, banking, hospitality, etc., become popular
goods.
• By prioritizing service quality and customer
satisfaction, businesses can build a strong reputation for
delivering exceptional services and creating lasting
value for their customers and their business.
•THANK YOU

More Related Content

Similar to SERVICES__________________MARKETING.pptx

INTRODUCTION TO PRINCIPLES OF MARKETING PPT.pptx
INTRODUCTION TO PRINCIPLES OF MARKETING PPT.pptxINTRODUCTION TO PRINCIPLES OF MARKETING PPT.pptx
INTRODUCTION TO PRINCIPLES OF MARKETING PPT.pptx
etebarkhmichale
 

Similar to SERVICES__________________MARKETING.pptx (20)

Marketing strategies of corporate hospital
Marketing strategies of corporate hospitalMarketing strategies of corporate hospital
Marketing strategies of corporate hospital
 
An Introduction into Marketing Module 1 Slides
An Introduction into Marketing Module 1 SlidesAn Introduction into Marketing Module 1 Slides
An Introduction into Marketing Module 1 Slides
 
Services Marketing.pptx
Services Marketing.pptxServices Marketing.pptx
Services Marketing.pptx
 
Notes mkt
Notes mktNotes mkt
Notes mkt
 
What Is Marketing .pdf
What Is Marketing .pdfWhat Is Marketing .pdf
What Is Marketing .pdf
 
Marketing of services
Marketing of servicesMarketing of services
Marketing of services
 
Service marketing
Service marketingService marketing
Service marketing
 
INTRODUCTION TO PRINCIPLES OF MARKETING PPT.pptx
INTRODUCTION TO PRINCIPLES OF MARKETING PPT.pptxINTRODUCTION TO PRINCIPLES OF MARKETING PPT.pptx
INTRODUCTION TO PRINCIPLES OF MARKETING PPT.pptx
 
Management of service scope.pptx
Management of service scope.pptxManagement of service scope.pptx
Management of service scope.pptx
 
Service
ServiceService
Service
 
Revolutionizing Healthcare Marketing Strategies for Success.pdf
Revolutionizing Healthcare Marketing Strategies for Success.pdfRevolutionizing Healthcare Marketing Strategies for Success.pdf
Revolutionizing Healthcare Marketing Strategies for Success.pdf
 
Marketing programme for hospital service
Marketing programme for hospital serviceMarketing programme for hospital service
Marketing programme for hospital service
 
Marketing of financial service
Marketing of financial serviceMarketing of financial service
Marketing of financial service
 
Marketing theory for second sem M.M.S.pdf
Marketing theory for second sem M.M.S.pdfMarketing theory for second sem M.M.S.pdf
Marketing theory for second sem M.M.S.pdf
 
Marketing Mix In Traditional Marketing
Marketing Mix In Traditional MarketingMarketing Mix In Traditional Marketing
Marketing Mix In Traditional Marketing
 
market mix and segmentation of indian railways
market mix and segmentation of indian railwaysmarket mix and segmentation of indian railways
market mix and segmentation of indian railways
 
Marketing strategies of bank PPT
Marketing strategies of bank PPTMarketing strategies of bank PPT
Marketing strategies of bank PPT
 
A case study on etrade financial corporation uwsb
A case study on etrade financial corporation   uwsbA case study on etrade financial corporation   uwsb
A case study on etrade financial corporation uwsb
 
UNIT 5 - SERVICE MARKETING.ppt
UNIT 5 - SERVICE MARKETING.pptUNIT 5 - SERVICE MARKETING.ppt
UNIT 5 - SERVICE MARKETING.ppt
 
Principles_of_Marketing.pdf by suresh shah
Principles_of_Marketing.pdf by suresh shahPrinciples_of_Marketing.pdf by suresh shah
Principles_of_Marketing.pdf by suresh shah
 

Recently uploaded

ابو ظبي اعلان | - سايتوتك في الامارات حبوب الاجهاض للبيع ف حبوب الإجهاض ... ا...
ابو ظبي اعلان | - سايتوتك في الامارات حبوب الاجهاض للبيع ف حبوب الإجهاض ... ا...ابو ظبي اعلان | - سايتوتك في الامارات حبوب الاجهاض للبيع ف حبوب الإجهاض ... ا...
ابو ظبي اعلان | - سايتوتك في الامارات حبوب الاجهاض للبيع ف حبوب الإجهاض ... ا...
brennadilys816
 

Recently uploaded (20)

Inside the Black Box of Venture Capital (VC)
Inside the Black Box of Venture Capital (VC)Inside the Black Box of Venture Capital (VC)
Inside the Black Box of Venture Capital (VC)
 
Innomantra Viewpoint - Building Moonshots : May-Jun 2024.pdf
Innomantra Viewpoint - Building Moonshots : May-Jun 2024.pdfInnomantra Viewpoint - Building Moonshots : May-Jun 2024.pdf
Innomantra Viewpoint - Building Moonshots : May-Jun 2024.pdf
 
Exploring-Pipe-Flanges-Applications-Types-and-Benefits.pptx
Exploring-Pipe-Flanges-Applications-Types-and-Benefits.pptxExploring-Pipe-Flanges-Applications-Types-and-Benefits.pptx
Exploring-Pipe-Flanges-Applications-Types-and-Benefits.pptx
 
Your Work Matters to God RestorationChurch.pptx
Your Work Matters to God RestorationChurch.pptxYour Work Matters to God RestorationChurch.pptx
Your Work Matters to God RestorationChurch.pptx
 
PitchBook’s Guide to VC Funding for Startups
PitchBook’s Guide to VC Funding for StartupsPitchBook’s Guide to VC Funding for Startups
PitchBook’s Guide to VC Funding for Startups
 
Stages of Startup Funding - An Explainer
Stages of Startup Funding - An ExplainerStages of Startup Funding - An Explainer
Stages of Startup Funding - An Explainer
 
Guide to Networking Essentials 8th Edition by Greg Tomsho solution manual.doc
Guide to Networking Essentials 8th Edition by Greg Tomsho solution manual.docGuide to Networking Essentials 8th Edition by Greg Tomsho solution manual.doc
Guide to Networking Essentials 8th Edition by Greg Tomsho solution manual.doc
 
Global Internal Audit Standards 2024.pdf
Global Internal Audit Standards 2024.pdfGlobal Internal Audit Standards 2024.pdf
Global Internal Audit Standards 2024.pdf
 
NFS- Operations Presentation - Recurrent
NFS- Operations Presentation - RecurrentNFS- Operations Presentation - Recurrent
NFS- Operations Presentation - Recurrent
 
hyundai capital 2023 consolidated financial statements
hyundai capital 2023 consolidated financial statementshyundai capital 2023 consolidated financial statements
hyundai capital 2023 consolidated financial statements
 
Pay after result spell caster (,$+27834335081)@ bring back lost lover same da...
Pay after result spell caster (,$+27834335081)@ bring back lost lover same da...Pay after result spell caster (,$+27834335081)@ bring back lost lover same da...
Pay after result spell caster (,$+27834335081)@ bring back lost lover same da...
 
WAM Corporate Presentation May 2024_w.pdf
WAM Corporate Presentation May 2024_w.pdfWAM Corporate Presentation May 2024_w.pdf
WAM Corporate Presentation May 2024_w.pdf
 
Hyundai capital 2024 1q Earnings release
Hyundai capital 2024 1q Earnings releaseHyundai capital 2024 1q Earnings release
Hyundai capital 2024 1q Earnings release
 
ابو ظبي اعلان | - سايتوتك في الامارات حبوب الاجهاض للبيع ف حبوب الإجهاض ... ا...
ابو ظبي اعلان | - سايتوتك في الامارات حبوب الاجهاض للبيع ف حبوب الإجهاض ... ا...ابو ظبي اعلان | - سايتوتك في الامارات حبوب الاجهاض للبيع ف حبوب الإجهاض ... ا...
ابو ظبي اعلان | - سايتوتك في الامارات حبوب الاجهاض للبيع ف حبوب الإجهاض ... ا...
 
5 Brilliant Ways To Buy Verified Payoneer Accounts In 2024
5 Brilliant Ways To Buy Verified Payoneer Accounts In 20245 Brilliant Ways To Buy Verified Payoneer Accounts In 2024
5 Brilliant Ways To Buy Verified Payoneer Accounts In 2024
 
How Do Venture Capitalists Make Decisions?
How Do Venture Capitalists Make Decisions?How Do Venture Capitalists Make Decisions?
How Do Venture Capitalists Make Decisions?
 
Top^Clinic ^%[+27785538335__Safe*Women's clinic//Abortion Pills In Harare
Top^Clinic ^%[+27785538335__Safe*Women's clinic//Abortion Pills In HarareTop^Clinic ^%[+27785538335__Safe*Women's clinic//Abortion Pills In Harare
Top^Clinic ^%[+27785538335__Safe*Women's clinic//Abortion Pills In Harare
 
Toyota Kata Coaching for Agile Teams & Transformations
Toyota Kata Coaching for Agile Teams & TransformationsToyota Kata Coaching for Agile Teams & Transformations
Toyota Kata Coaching for Agile Teams & Transformations
 
Blinkit: Revolutionizing the On-Demand Grocery Delivery Service.pptx
Blinkit: Revolutionizing the On-Demand Grocery Delivery Service.pptxBlinkit: Revolutionizing the On-Demand Grocery Delivery Service.pptx
Blinkit: Revolutionizing the On-Demand Grocery Delivery Service.pptx
 
Daftar Rumpun, Pohon, dan Cabang Ilmu (2024).pdf
Daftar Rumpun, Pohon, dan Cabang Ilmu (2024).pdfDaftar Rumpun, Pohon, dan Cabang Ilmu (2024).pdf
Daftar Rumpun, Pohon, dan Cabang Ilmu (2024).pdf
 

SERVICES__________________MARKETING.pptx

  • 2. INTRODUCTION Services marketing is a specialized branch of marketing that deals with the promotion and sale of intangible products, such as education, healthcare, and financial services. It is a new way of marketing that has become very popular and helps companies all over the world promote their services.
  • 3. Service marketing is different from product marketing, which involves promoting a product that can be seen. Instead, service marketing involves promoting a service that can’t be seen but is still sold to customers. In services marketing, the focus is on understanding the customer's needs and expectations and delivering a service experience that meets or exceeds those expectations.
  • 4. • It is an important area of marketing that plays a crucial role in helping businesses to connect with customers, build strong relationships, and create lasting value
  • 5. SERVICES MARKETING EXAMPLES Healthcare industry: Doctors, nurses, surgeons, and other people who work in hospitals are great examples they sell their health services by seeing and taking care of their patients. Hospitality industry: The hospitality industry is made up of places like hotels and restaurants that serve food, rent rooms, give massages, and do other things for their customers.
  • 6. Professional services: Accountants, lawyers, teachers, writers, masons, carpenters, chefs, electricians, and plumbers are all examples of service- based jobs. Depending on the job, they may offer more than one service to their clients.
  • 7. UNIQUE CHARACTERISTICS OF SERVICES Services are intangible and cannot be stored or owned like physical products. For example, a haircut cannot be stored for future use. Services are perishable and cannot be inventoried. Once the service is performed, it cannot be sold again. For example, an empty seat on a flight cannot be sold after the plane takes off.
  • 8. TYPES OF SERVICE MARKETING External Service Marketing: promoting and communicating the value of a company's services to potential customers and the broader market. Internal Service Marketing: promoting and communicating the value of a company's services to its own employees. Interactive Service Marketing: Service promotion happens between the employees and the customers, Employees talk to customers to promote the services of their company, as the name suggests.
  • 9. THE SERVICE MARKETING MIX The service marketing mix is a set of tools and strategies used to promote and sell services.  It differs from the traditional marketing mix in that it focuses on intangible factors such as customer experience and relationship building. The four P's of the service marketing mix are people, process, physical evidence, and promotion
  • 10. DEVELOPING A SERVICE MARKETING STRATEGY  identify the target market and understand their needs and preferences. develop a positioning strategy that differentiates your service from competitors.  develop a marketing mix that includes product, price, promotion, and place strategies that align with your overall positioning strategy.
  • 11. SERVICE QUALITY AND CUSTOMER SATISFACTION  Service quality and customer satisfaction are two critical components of service marketing. Service quality refers to the overall excellence or superiority of service provided to customers  Customer satisfaction refers to the level of satisfaction or contentment that customers experience after using a particular service.
  • 12. CONCLUSION • In recent years, service marketing has become much more important as more and more services, like education, banking, hospitality, etc., become popular goods. • By prioritizing service quality and customer satisfaction, businesses can build a strong reputation for delivering exceptional services and creating lasting value for their customers and their business.