In
the last article, we understood the fundamental
differences between Products & Service viz;
| Sr. |
Products
|
Services
|
| 1. |
Tangible. |
Intangible. |
| 2. |
Production
separate from consumption. |
Simultaneous
production & consumption. |
| 3. |
Standardized.
|
Non-Standardized. |
| 4. |
Nonperishable.
|
Perishable. |
| 5. |
Ownership.
|
Non-ownership.
|
Now let's look at critical issues which makes
marketing of Services' a unique challenge.
Apart
from the traditional 4 P's of marketing ( Product,
Price, Promotion & Place) which we are well
aware of, the unique nature of services' brings
into focus 2 more P's ! viz;
People
& Processes.
*People:
For most of the Services, people are the vital
element of services maketing mix. The areas where
there is high level of contact with the customers
the 'people' element is the only differentiator
between the competing service providers. During
each customer contact you face the moment of truth.
Each impression, the service providers makes is
temporarily at least the last. So its critical
to have people in the organisation, who will make
these interactions a lasting one !
*Processes:The
production processes in a manufactured product,
are usually of little concern to the customer.
However they become critical for consumers of
'service'. Services' are essentially about processess
rather than tangible outcomes, & for many
services consumers are closely involved in the
production process. Hence the design & flawless
execution of service processes, is crucial for
customer satisfcation for a Service 'product'.
Some
thoughts on services marketing.
- The core of Services' marketing is the service
itself !
- The first step in service marketing is your
service.
- Every act is a marketing act. Make every empoyee
a marketing person.
- Setting your price for the service is like setting
a screw.A little resistance is a good sign.
- Give your service a name not a monogram.
- Watch what you show.
- Make your service easy to buy.
- Write mission statements, but keep it private.
- Don't raise expectations you cannot meet.