CAUSE OBJECTIVES:
- To explain the real difference between goods and services and illustrate the fundamentals of services marketing.
- To explore the common characteristics of leading services firms that deliver extraordinary services value to their customers.
- To create services champions that challenge competitors on services issues.
CAUSE OUTLINE:
I. Understanding services
II. Service value as source of competitive advantage.
III. The service profit chain , Building customers loyalty
IV. Designing New services champion
V. Internal marketing. Building partnership to support frontline people.
VI. Service Branding- Creating a strong Brand
VII. Transactional Marketing. Enhancing Customer Experience.
VIII. Delivering services culture and delighting your customers.
Service Economy:
• Service account for 60% or more of western countries economy.
• In the US & European more then 70% of all workers are noe employed in services.
• Of those working in manufacturing 70% perform service tasks such as research logistic.
• In 1983 hardware revenues represented 83% of IBM total turnover. In 1997 hard ware represented only 46%.
• 80% start –up companies are services firms.
• The biggest part of IT investment comes from services industries .
• Japan’s services trade deficit was 50 billion US $ in 1999.
What is service?
- All economics activities of private firms whose outputs are other than tangible goods
Services:
- Intangible
- Perishability
- Inseparability between production and consumption
- Variability