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    Presented by :

    Akshada Chavan

    Trupti Parmar

    Akash Shah

    Sagar Salvi

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    Presentation on:

    Introduction to Service Marketin

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    Meaning of Service

    Service is a form of product which consist of activities, benefi

    satisfactions

    Services are consumed at the point of sale and provides benef

    customers

    Example: Teaching, Banking, Beauty parlors.

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    Definition of service

    Services are the activities, benefits, or satisfactions which are osale or are provided in connection with the sale of goo

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    Distinctive characteristics of servic

    Intangibility Perishability Inseparability Variability Ownership SimultaneityQua

    measur

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    Role of Services in Modern Econom

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    Goods service continuum

    Continuum is a tool to understand differences and similari

    relation between goods and services.

    Marketer can differentiate goods from services with the h

    concept of goods service continuum.

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    Goods services continuum Companies offering tangible goods

    Services along with tangible goods

    Goods and services in nearly equal measure

    Services accompanied by minor goods

    Pure services is not accompanied by goods

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    Goods v/s service marketing

    Tangible

    Homogenous

    Production and distribution areseparated

    A thing

    Customers do not participate inthe production process

    Can be kept in stock

    Transfer of ownership

    Intangible

    Heterogeneous

    Production, distribution aconsumption are simultaneprocesses

    An activity or process

    Customers participate in tproduction

    Cannot be stocked

    No transfers of ownership

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    Marketing Challenges of Services

    Keeping upwith themarketingtrends andstrategies.

    Losing a major

    client.

    A newcompetitor inthe market.

    Offering aservice that

    clients need butdont know it.

    L

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    Services Marketing Environment

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    Services Marketing Environment

    Establishment of a service.

    Social/Political/EconomicEnvironment.

    Policies, decisions and activitieschange.

    It provides a service context.

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    Types of Services Marketing EnvironmInternal Environment

    Internalcustomers

    Externalcustomers

    Competitors

    Suppliers

    Regulators

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    Types of Services Marketing EnvironmExternal Environment

    Economic Environment

    Political Environment

    Regulatory Environment

    Technological Environment

    Socio-cultural Environment

    Demographic Environment

    Natural/Physical/Ecological Environment

    International Environment

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