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Marketing of Services
Health care
Tourism
Information &
data
processing
Construction
Telecommunication
Transportation
(freight &
passenger)
Banking &
Stock-broking
Education
Retailing
Insurance
Professional
consultancy
Hospitality,
Restaurants,
bars, catering
News &
entertainment
3
PODC
4 Ms
Resources
4 Ps
Marketing Mix
Product Blend
Two
Objectives
Marketing of Services
Marketing of Services
An
economic
activity
that does
not result
in
ownership
customers
themselves,
physical
possessions
Marketing of Services
intangible
assets
Service elements
within an
organization
that:
facilitate
creation of
or
add value to
its final output
Some internal
Services:
Trend in Internal
Services
Accounting &
payroll
Housekeeping
& Landscaping
Administration
Transportation
& Catering
Recruitment &
training
Legal Services
Marketing of Services
Increasing
outsourcing
Hi
Bread
Soft drinks
Computer
Hardware
New Car
Custom-clothing
Fast Food Restaurant
Cosmetics
Hospital Care
Airline Flight
Teaching
Lo
Intangible Elements
Investment Advice
10
Marketing of Services
Hi
High Share
in GDP from
Services
Growing
Employment
in Services
FDI in
Services
Services
Export
High
Share in
GDP from
Services
High
Share in
GDP from
Services
70
60
50
40
% of GDP
30
20
10
0
1950 1960 1970 1980 1990 2000 2010
Year
Marketing of Services
14
High
Share in
GDP from
Services
Marketing of Services
15
High
Share in
GDP from
Services
Source: CSO
Growing
Employme
nt in
Services
Agriculture
Sector:
Services
Sector:
Dominant,
Second to
Agriculture,
but reducing
share
but rising
share
Growing
Employme
nt in
Services
Agriculture
Services
Industry
Growing
Employme
nt in
Services
FDI in
Services
Problem
to
measure
Services
share in
FDI
inflows
difficult to
clearly
differentiate
activities
between
services
and goods
51%
Business
Services financial &
non-financial
21%
Computer
hardware &
software,
8%
Telecom
8%
Housing &
Real Estate
7%
Constructio
n Activities
7%
Services
Export
2000-01
29.2 %
2008-09
53.9 %
2009-10
46.1 %
Services 25.3%
2009-10 Slowdown
Less decline in services
export growth
(Global Recession)
Marketing of Services
21
Changing Life-style
Changing World
Changing Economies
Changing Technology
Increase in
Affluence
Increased
Complexity
of life
Globalisation
Range of
new products
Increase in
Leisure Time
Increased
Life
Expectancy
Privatisation/
Deregulation
Product
Complexity
Women in
Working Places
Ecology &
Resource
Concerns
Marketing of Services
22