Tuesday, 27 April 2021

Objectives of Service Marketing (Service Marketing 27.04.2021)

Objectives of Service Marketing

The four primary objectives of service marketing: (a) building trust, (b) empowering service delivery personnel, (c) establishing uniform processes, and (d) promoting customer satisfaction.

Since services are intangible, determining value and quality can be difficult.

 

(i) Service Marketing determine the service objectives, policies and process and ways to implement effectively,

 

(ii) Service Marketing determine service plans, methods and strategies to conduct efficient service performance,

 

(iii) Service Marketing determine the standards and parameters in context of service quality and design for service performance,

 

(iv) Service Marketing determine the directions and basic guidelines to manage customers’ care services,

 

(v) Service Marketing determine the service targets and its market segments on the basis of customers’ profile,

 

(vi) Service Marketing determine most comfort, convenient and easiest process of service performance,

 

(vii) Service Marketing provide needful training, remuneration, promotion and developmental aspects to service employees,

 

(viii) Service Marketing make proper coordination between service expectations and service performances,

 

(ix) Service Marketing make effective decisions about operational service quality of performance.

 

(x) Service Marketing manage service operations where values are realised for the services that are delivered,

 

(xi) Service Marketing make effective and targets-oriented relations with customers,

 

(xii) Service Marketing manage and implement the quality parameters in service performance,

 

(xiii) Service Marketing overcome and solve the problems and challenges arising out of service performance.

 

Unlike with marketing a tangible product, marketing a service or service-oriented business poses the challenge of creating interest without the luxury of appealing to the five senses. Consequently, marketers and business owners must develop a different set of objectives than when marketing products. In essence, service marketing requires a more personalized approach to be successful.

 

Developing Trust

One primary focus of service marketing is to develop relationships with customers to gain their trust. Insurance agents, for example, sell an intangible product that promises to fulfil a future need. Consequently, insurance agents often attempt to market themselves as trustworthy individuals who will always be there for the policyholder. Agents take the time to get to know their policyholders and learn about their families. They frequently become involved in their local communities and participate in charitable activities.

 

Offering Value

Service-oriented companies do not have the advantage of luring customers with flashy products loaded with attractive features. Instead, they must use marketing to highlight the value of the services they provide. One way to increase the value is to bundle several services together and offer them as a package. Continuing with the insurance industry example, many insurance companies offer discounts to customers who purchase more than one policy, such as a combination of auto and homeowners’ coverage.

 

Staying Connected

Service businesses can use marketing to keep the lines of communication open and provide relevant information to their customer base. Businesses can use methods such as sending regular email newsletters to their customers that contain information about industry trends that could impact their lives. This enhances the business's image as a service-oriented company that is concerned about the well-being of its customers. It also helps to keep the company in the forefront of the customer's mind, which can lead to repeat business in the future.

 

Differentiation

Service marketing can focus on what makes your business different from the competition. This serves to inform the customer as to what advantages your business offers that others cannot. For instance, you can highlight fact that you possess a higher level of expertise in the business or that you have served your local community for a longer period of time. Showing that you're different can also help you carve out a niche in the marketplace, helping you to target your marketing strategy.

 

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