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Chapter 10
Marketing Final
36
Marketing
Undergraduate 2
06/08/2009

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Cards

Term
Intangibles
Definition
you cannot touch a service it is something you experience
Term
Services
Definition
Are acts or efforts exchanged without ownerships rights
Term
4 Characteristics of Services
Definition
intangibility, pershability, variability, Inseparability
Term
Intangibility
Definition
cannot see, touch, or smell service
Term
Pershability
Definition
cannot store a service for later use
-capacity management- s company adjust their service to match supply and demand
ex. hotel off-season discounts
Term
Variability
Definition
cannot standardized the same service provided by the same individual
Term
Inseparability
Definition
cannot separate production from consumption
-disintermediation- eliminate the interaction between customer and sales people
Term
Good-dominated Products
Definition
a tangible product with services
Term
Equipment or facility based services
Definition
operational-clear signs and guidelines
Locational -placing yourself where it is convenient for your customers
environment- focused on attractive atmospheres
ex. amusement park
Term
People Based Service
Definition
going to the doctor
getting a massage
Term
Core Service
Definition
the basic benefit that the customer gets from having the service performed
Term
Augmented Services
Definition
the core service plus anything else that enhance the value.
Term
Services on the internet
Definition
Banking and Bookerage services, software,music,travel service,dating service,career-relates services,medical care
Term
The service Encounter: Social Elements
Definition
includes employees as well as other customers
-managing productivity-appropriate hiring/firing focus on training and using technology to your advantage.
Term
The Service Encounter: Physical Elements
Definition
Services- the environment where teh service is delivered
Term
Service Quality Attributes
Definition
Search Qualities
Experience Qualities
Credence Quality
Term
Search Qualities
Definition
Product characteristics that the consumer can examine prior to purchase, before the service
Term
Experience Qualities
Definition
Product characteristics that customers can determine during or after consumption of the service
Term
Credence Qualities
Definition
Product characteristics that are difficult to evaluate even after they have been experienced
Term
Ways to measure service quality
Definition
Servqual
Gap Analysis
Critical Incident Technique
Term
Servqual
Definition
are customers satisfied, compares 5 dimensions or components of service quality
Term
Gap analysis
Definition
compares expectation to satisfactions, looking at a meet expectations
Term
Critical Incident Technique
Definition
Specific points in time where customers evaluate satisfactions
Term
Strategies for developing and managing Services
Definition
Act fast
Identify Potential Failures
Train employees
Term
Act fast
Definition
when there is a problem solve it quickly
Term
Identify Potential Failures
Definition
when planning make plan for rectifying the situation
Term
Train Employees
Definition
to be on a look out for failures and empower them to act.
Term
Marketing Places
Definition
promoting a city, state,country, or other local places
Term
Marketing ideas
Definition
promoting a particular concept or issue
Term
Marketing People
Definition
Politicians and Celebrities
Term
The Future of Service
Definition
New Dominant logic for marketing
Changing Demographics
Globalization
Technological Advances
Shift to flow of information
Term
New Dominant logic for marketing
Definition
a re-conceptualization of traditional marketing to redefine service as the central (core) deliverable and the actual physical products purveyed as comparatively incidental to the value proposition
Term
Changing Demographics
Definition
As population age,service industries will grow drastically,companies offering senior citizen services will be in high demand
Term
Globalization
Definition
globalization of business will increase the need for logistics and distribution services and accounting and legal services.
Term
Technological Advances
Definition
changing in technological provides opportunities for growth and innovations in global service industries such as telecommunications, health care, banking, and Internet Services

also provide opportunities for unknown services
Term
Shift to flow information
Definition
provides greater opportunities for databases services, artificial intelligence systems, communication systems, and other services that facilitate the storage and transfer of knowledge.
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