Professional Documents
Culture Documents
A service is an act or performance offered by one party to another. Although the process may be tied
to a physical product, the performance is transitory, often intangible in nature, and does not
normally result in ownership of any of the factors of production.
A service is also an economic activity that creates value and provides benefits for customers at
specific times and places by bringing about a desired change in, or on behalf of the recipient of the
services. (Gronroos 2007 Service management and marketing, Page 9).Most often service involves
interactions with some sort of service provider.
There are three basic characteristics for most services can be identified:
1. Services are processes consisting of activities or a series of activities rather than things
2. Services are at least to some extent produced and consumed simultaneously
3. The customer participates in the service production process at least to some extent
(Gronroos 2007 Service management and marketing, Page 47)
CUSTOMER VALUE
Marketing-orientated companies attempt to create customer value in order to attract and retain
customers. Their aim is to deliver superior value to their target customers. In doing so, they
implement the marketing concept by meeting and exceeding customer needs better than the
competition. (David Jobber, Principles and Practice of Marketing, 1995, Page 11)
Attracting and retaining customers can be a difficult task. Customers often face a bewildering array
of products and services from which to choose. A customer buys from the firm that offers the
highest customer perceived value – the customer’s evaluation of the difference between all the
benefits and all the costs of a marketing offer to those competing offers. (Armstrong/Kotler,
Marketing: an introduction, 2005,Page 16)
CUSTOMER SATISFACTION
Pantaloons Fashion & Retail Limited is an Indian premium clothing retail chain. The first
Pantaloons store was launched in Gariahat, Kolkata in 1997. As of November 2013, there are 76
Pantaloons stores in 44 cities Pantaloons was previously controlled by the Future Group, but has
now been taken over by Aditya Birla Nuvo Limited (ABNL). According to the Brand Trust
Report 2014, a study conducted by Trust Research Advisory, Pantaloons featured among 100
most trusted brands in India.
With a chain of 105 fashion stores across 40 cities and towns, Pantaloons is constantly
extending its footprint into the rest of modern India. It spans a retail space of 1.7 million square
feet which is amongst the largest in India. Pantaloons retails approximately 200 brands which
comprises a mix of private labels, licensed brands and more in apparel and accessories.
Pantaloons offers a wide range of exclusive brands that cater to different occasions for men,
women and kids.
ABOUT THE COMPANY(JABONG-ONLINE RETAIL STORE)
2. The Staff are very friendly and are eager to help the customers. [The Appearance of
service personnel will often affect customers’ cognitive beliefs about the quality of service
they will receive. The behaviour and moods of service personnel will have an effect on
customers[Service Marketing, 2e Page 164])