Services Mkting Flashcards

1
Q

service definition

A

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

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2
Q

implications of global developments

A

services are gaining importance as companies offer services to differentiate themselves from competitors

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3
Q

5 fundamental characteristics of services

A

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

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4
Q

typology of servies matrix

A

labor intensity (ratio of cost vs value of infrastructure)

degree of customer interaction / degree of customization

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5
Q

-x typology strategic marketing priorities

A

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

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6
Q

difficulty of evaluating services (customer)

A

search qualities (assessable before purchase)

experience qualities (evaluate after purchase)

credence qualities (hard to evealuate even after consumption)

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7
Q

continuum of evaluation graph

nature of services has implications for how customers evaluate quality

A
easy to evaluate -
high in search 
high in experience
high in credence
difficult to evaluate
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8
Q

management of service quality process

A
  1. measuring
  2. analyzing
  3. influencing
  4. monitoring
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9
Q
  1. measuring service quality
A

internal / external
surveys, questionaires (i emplyoees / e experts o customers)
observations

internal GAP
external SERVQUAL, NPS, Vignette method

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10
Q

GAP model (internal)

A
knowledge gap
service design gap
service performance gap
communication gap
confirmation/disconfirmation gap
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11
Q

SERVQUAL (external)

A

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

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12
Q

NPS (external)

A

how likely is customer to recommend to friend / peer group

promoters 9,10 detractors 0-6

NPS=%promoters - %detractors

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13
Q

NPS disadvantages

A
loss of information
driver analysis impossible
longitudinal study needed
only single question for all sectors
empricial findings: not correlated with sales growth or margin
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14
Q
  1. Analyzing service quality
A

not only record service quality but also allow to determine reasons for low/high service quality

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15
Q
  1. Analyzing service quality

techniques

A

critical incident technique
frequency-relevance analysis of problems
benchmarking

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16
Q
  1. Influencing the service quality
A

organizational structure
workflow organization
company culture/employee management

17
Q
  1. Influencing the service quality

organizational structure

A

goal: creation of an organizational framework that fosters a high level of service quality

method : quality circles

18
Q
  1. Influencing the service quality

workflow organization

A

goal: systematic detection and elimination of errors (esp. human) in service processes
method: poka-yoke

19
Q
  1. Influencing the service quality

company culture/employee management

A

goal: establishment of a service and quality culture
method: complaint analysis

20
Q
  1. Monitoring the service quality

importance-performance analysis

A

judgement of services on customer importance and company performance
rate various elements of service bundle

0-5 matrix

21
Q

Marketing mix in service marketing

A

expanded marketing mix

22
Q

expanded marketing mix

A

product price communication sales

physical evidence; process; personnel

23
Q

service characteristics implications for marketing mix

A

see slide

24
Q

basic objectives related to additional marketing mix components

A

personnel decisions
competence, motivation, performance of employees

physical evidence decisions
convey image of knowho, efficiency ; atmosphere
location, accessability

process decisions
accurate and error-free processes
cost-effective
flexible