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Presented by.
Mizan
Abrar
sohel
Group
Shajahan
C
Robel Amit Miron
Zahid
A marking offer is a proposal by a marketer to make available to a target customer a desirable combination of positive and negative consequences if, and only if, the customer undertakes a desired action. (Broad sense)
Product marketing
Marketers offer product in form of..
Individual item Product line Product mix
Core product
Core product
The most fundamental level of a product that answers the following questions.
What benefits are the consumers really seeking? What need is the product really satisfying ?
Tangible Product
Visible form of core product which have the following five characteristic..
Features Styling Quality Packaging Branding
Augmented product
Additional services and benefits beyond the tangible product, likeInstallations After sale services Warranty Delivery Credit
What is Service???
Service is any activity or benefit that one party can offer to another that is essentially intangible and does not result in ownership of anything. Its production may or may not be tied to physical product.
Characteristics of service
Intangibility
Customer involvemen t
Inseparabilit y
Service
Perishability
Variability
Challenges
Characteristics of services poses five major challenges in designing offerings. These challenges can be..
Making the Intangible tangible Making virtue of Inseparability Handling Variability Managing Perishability Helping Consumer consume
Managing inseparability
Service cannot be distinguished from its provider. So the limitations of the provider can cause adverse effect on the total service quality
This can be managed by..
Introducing customer oriented internal marketing Introducing customer-friendly organizational system Establishing customer-friendly environment Train the key customer-contact personnel Carefully select the key customer-contact personnel
Managing variability
Service can be varied with the characteristics of the providers which can be managed by..
Develop good personnel selection and training program Routinize the service delivery Automate the many parts of service Develop adequate customer-satisfaction monitoring system
Managing Perishability
Service cannot be stored. Perishability is not problem when demand is steady or low but creates challenges when demand fluctuates. Earl Sasser has proposed several strategies for managing demand and supply which are:
On the demand side Differential pricing Nonpeak demand can be developed Complementary service Reservation systems