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The Art of Service Marketing
The Art of Service Marketing
Marketing
Service marketing is a unique and challenging field, requiring a blend of
creativity and strategy to captivate audiences and meet customer needs.
Join us today to learn about the key principles of service marketing and how
to successfully apply them to your business.
by Vishal Dongare
The Characteristics of Services
Intangibility Inseparability
Services are not physical products, meaning they The production and consumption of services happen
cannot be touched or seen. Rather, they are actions simultaneously. This requires a strong connection
or efforts taken towards a particular outcome. between the service provider and the customer.
Variability Perishability
Services tend to be more variable than goods due Services cannot be stored or saved for later. This
to the human element involved in delivery. Ensuring means that lost capacity cannot be regained,
quality and consistency is essential for customer making it important for service providers to balance
satisfaction. supply and demand.
The 7 Ps of Service Marketing
Product Price Place
The service being provided The amount charged for the The location and method of
including its features, service and the perceived delivery, including
benefits, and customization value to the customer. distribution channels and
options. access.
Physical Evidence
The physical elements that customers interact with, such as the facilities, equipment, and packaging.
Challenges in Marketing
Services
1 Intangibility 2 Customer Experience
With no physical product to Providing a consistently
show, services can be difficult excellent customer
to market, and customers experience is critical to
may struggle with retaining customers, but can
understanding the value or be difficult to deliver due to
benefits. the human element involved
in service delivery.
3 Competition 4 Trust and Credibility
With so many service Customers may be hesitant
providers and options to rely on a service due to the
available, it can be intangible nature of the
challenging to stand out in product and may require
the crowd and attract new strong trust signals to feel
customers. confident making a purchase.
Importance of Customer Relationship
Management in Service Marketing
Understanding Building Customer Personalization
Customer Needs Loyalty Understanding individual
Effective customer relationship By providing outstanding customer needs allows for
management allows experiences, service providers personalized service delivery,
organizations to better can create long-term which can create a strong
understand customer needs relationships with customers competitive advantage.
and respond to them and drive repeat business.
proactively.
Successful Service Marketing
Campaigns