Value Through Services - Chapter 9 Flashcards
exaggerated promises barrier
a barrier to the matching of expected and perceived service levels caused by the unwarranted building up of expectations by exaggerated promises
halo customers
customers that are not directly targeted but may find the product attractive
inadequate delivery barrier
a barrier to the matching of expected and perceived service levels cause by the unwillingness of service providers to provide the necessary resources
inseparability
a characteristic of services, namely that their production cannot be separated from their consumption
intangibility
a characteristic of services, namely that they cannot be touched, seen, tasted or smelled
misconception barrier
a failure by marketers to understand what customers really value about their service
perishability
a characteristic of serivces, namely that the capability of a service business, such as a hotel room, cannot be stored- if it is not occupied, this is lost income that cannot be recovered.
service
any deed, performance or effort carried out for the customer
services marketing mix
product, price, promotion, place, physical evidence, process and people (7 P’s)
variability
a characteristic of services, namely that, being delivered by people, the standard of their performance is open to variation