Services Mkting Flashcards
service definition
production of an essentially intangible benefit, either on its own or as a significant element of a tangible product,
which through some exchange, satisfies an identified need
implications of global developments
services are gaining importance as companies offer services to differentiate themselves from competitors
5 fundamental characteristics of services
distinctive nature of services:
variability - personnel & external factor customer
perishability - cannot be stored
inseperability - production / provision
perceived purchase risk - ex ante estimation of value dificult
intangibility - result not concrete
typology of servies matrix
labor intensity (ratio of cost vs value of infrastructure)
degree of customer interaction / degree of customization
-x typology strategic marketing priorities
service factory - focus on optimal capacity utilization
professional - acquisition and training highly qualf.
mass - emphasis on standardization
service shop - efficient training for cost-efficient delivery
difficulty of evaluating services (customer)
search qualities (assessable before purchase)
experience qualities (evaluate after purchase)
credence qualities (hard to evealuate even after consumption)
continuum of evaluation graph
nature of services has implications for how customers evaluate quality
easy to evaluate - high in search high in experience high in credence difficult to evaluate
management of service quality process
- measuring
- analyzing
- influencing
- monitoring
- measuring service quality
internal / external
surveys, questionaires (i emplyoees / e experts o customers)
observations
internal GAP
external SERVQUAL, NPS, Vignette method
GAP model (internal)
knowledge gap service design gap service performance gap communication gap confirmation/disconfirmation gap
SERVQUAL (external)
best-known approach - conceptualizing construct of service quality, five dimensions
reliablity - promise, handling
responsiveness - information, prompt
assurance - confidence, safety, knowledge
empathy - attention, understanding, feelings
tangibles - environment
score 1-7, perception - expectation = measure
average difference calculation
overall quality by average of all 5 dimensions
NPS (external)
how likely is customer to recommend to friend / peer group
promoters 9,10 detractors 0-6
NPS=%promoters - %detractors
NPS disadvantages
loss of information driver analysis impossible longitudinal study needed only single question for all sectors empricial findings: not correlated with sales growth or margin
- Analyzing service quality
not only record service quality but also allow to determine reasons for low/high service quality
- Analyzing service quality
techniques
critical incident technique
frequency-relevance analysis of problems
benchmarking