KEY TERMS OF INTRODUCTION, SERVICE CHARACTERISTICS, AND MANAGEMENT STRATEGIES IN MARKETING Flashcards
Marketing by a service firm that recognizes perceived service quality depends heavily on the quality of the buyer–seller interaction.
INTERACTIVE MARKETING
Marketing by a service firm to train
effectively and motivate its customer-contact employees and all the supporting service people to work as a team to provide customer satisfaction
INTERNAL MARKETING
The way a person or group views an
organization.
ORGANIZATION IMAGE
It is used by a service firm to make its product more tangible to customers
PHYSICAL EVIDENCE
It is a pricing method using price as a
means of matching demand with capacity.
REVENUE MANAGEMENT
They are produced and consumed at
the same time and cannot be
separated from their providers,
Service inseparability
they cannot be seen, tasted, felt,
heard, or smelled before they are
bought.
Service intangibility
they cannot be stored for later use.
Service perishability