Professional Documents
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HC2112
SERVICES MARKETING AND RELATIONSHIP MARKETING
FINAL ASSESSMENT
TRIMESTER 1, 2022
Instructions:
All questions must be answered by using the answer boxes provided in this paper.
Completed answers must be submitted to Blackboard by the published due date
and time.
Please ensure you follow the submission instructions at the end of this paper.
Purpose:
This assessment consists of six (6) questions and is designed to assess your level of
knowledge of the key topics covered in this unit. Lecture materials and resources used during
your studies at Holmes Institute should be sufficient to guide your answers BUT if you
consult any external resources be sure to cite correctly and list as references at the end of
each question, using Holmes adapted-Harvard style.
Telecommunication is a significant tool for individuals and businesses that allow them
to connect effi ciently with clients and convey high standards of customer service. It is
the major element in permitti ng workers and personnel to collaborate easily from
wherever they are positioned, remote or local. Interactive voice response is an
automatic telephony mechanism that interrelates with callers, collects data and routes
calls to the suitable recipients. A well-planned interactive voice response system could
assist in boosting client satisfaction and enhance contact center operational activities
and KPIs. Specifically, throughout times of high call volume, and effi cient interactive
voice response mechanism could assist in avoiding hold duration by assisting clients to
find explanations and carry out simple activities themselves (Malik et al, 2018, p (20)). For
instance, if a client requires or requests to speak with an individual, IVR technology
could assist route calls speedily and flawlessly to the best call center agents to tackle
their queries. Moreover, mobile commerce or m-commerce refers to the new
approaches firms are doing businesses that are centered around the rising usage of
mobile devices such as phones, tablets, and smartbooks. M-commerce has as well
altered the nature of most e-commerce sites. With an augmented focus by clients on
the convenience of phone platform use, online vendors such as Amazon and eBay have
started to allocate more resurces for optimizing the phone experience of clients. For
instance, in Amazon, the practice for finding allied items and for checking out should be
simplified to abridge the limit of time the users spend waiting for every page to load
and falling the possibility of users closing the application before a buying is finished
(Taneja, 2021, p 299(318)).
The pre-purchase phase of the decision-making procedure for services is more multifaceted in
contrast with that for goods as it encompasses a merged set of aspects and tasks. In this phase,
requirement arousal prompts clients to begin searching for information and assess alternate
options before they make a buying choice. Numerous sources can trigger requirements: the
unconscious mindset (for instance impulse purchase), internal situations (e.g., starvation), or
external sources (for instance marketing mix). Clients could involve in impulse purchases or
‘unplanned attitude’. The service encounter phase encompasses clients' contacts or dealings
with the service organization. In this phase, clients co-create practices and value and co-produce
a service whilst assessing the services practice for instance a client who calls for the repairing
services might switch to some other firm if he is put on wait for a long duration or even treated
offensively (Jiao et al, 2020, p(103238)). The last phase of service consumption is the post-
encounter phase and encompasses clients' behavioral and attitudinal reactions to the service
practice. It is based on client assessment of service performance and future intents.
Question 3 (7 marks)
What is the difference between important and determinant attributes in consumer choice
decisions?
Discuss the question in 250 words
ANSWER:
Determinant attributes are those attributes that essentially define the consumer’s last choice of
service. A determinant attribute doesn’t possess to be the most significant facet but it is the
aspect that the client utilizes to eventually differentiate one service offering from another.
Question 5 (7 marks)
Price strategy is one of important component of service marketing. Why is the pricing of services
more difficult than the pricing of goods? Provide an example to support your discussion.
Answer the question in 250 words
ANSWER:
A pricing strategy could be labeled as a mechanism that is utilized for determining the price of an
item or product or service by considering various aspects such as marketplace situations,
circumstances, the capability of goods or items, etc. it assists in choosing prices to maximize
proceeds and also help in increasing value of shareholders whilst considering client and
marketplace demands. Furthermore, pricing services is more tough or problematic as compared
to pricing goods as one could often find the cost of crafting a physical item but it is more
subjective to compute the worth of the counsel, the expertise of personnel, and the value of the
References
Bangsa, A.B. and Schlegelmilch, B.B., 2020. Linking sustainable product attributes and consumer
decision-making: Insights from a systematic review. Journal of Cleaner Production, 245,
p.118902.
https://www.sciencedirect.com/science/article/abs/pii/S0959652619337722
de Paulo Sobrinho, E.V., De Lucia, A. and de Almeida Maia, M., 2018. A systematic literature
review on bad smells–5 w's: which, when, what, who, where. IEEE Transactions on Software
Engineering, 47(1), pp.17-66.
https://ieeexplore.ieee.org/abstract/document/8532309/
Hashem, T., 2018. The Flower of Service Concept and Its Influence on the Customer Satisfaction:
Case Study of Jordanian Private Hospitals Sector. International Journal of Business and
Management, 13(2), pp.122-137.
https://www.researchgate.net/profile/Tareq-Hashem/publication/
322509440_The_Flower_of_Service_Concept_and_Its_Influence_on_the_Customer_Satisfaction
_Case_Study_of_Jordanian_Private_Hospitals_Sector/links/5a5d22f4458515c03ede8150/The-
Flower-of-Service-Concept-and-Its-Influence-on-the-Customer-Satisfaction-Case-Study-of-
Jordanian-Private-Hospitals-Sector.pdf
Sun, S., Chen, X. and Chang, Y., 2022. Research on Multi-Dimensional Differentiated Marketing
Pricing Strategy of Big Data Products and Services. Forest Chemicals Review, pp.2177-2189.
http://forestchemicalsreview.com/index.php/JFCR/article/view/1077
Taneja, B., 2021. The Digital Edge for M-Commerce to Replace E-Commerce. In Emerging
Challenges, Solutions, and Best Practices for Digital Enterprise Transformation (pp. 299-318). IGI
Global.
https://www.igi-global.com/chapter/the-digital-edge-for-m-commerce-to-replace-e-
commerce/275713
Zhou, Z., Liu, Z., Su, H. and Zhang, L., 2022. Integrated pricing strategy for coordinating load
levels in coupled power and transportation networks. Applied Energy, 307, p.118100.
https://www.sciencedirect.com/science/article/abs/pii/S0306261921013817