... Underlying such failures is often a lack of understanding of some of the
key principlesof service marketing and management.
Technological change affects many other types of services, too, from ... Books, 1990), 31—34;John
Bowen, "Development of a Taxonomy of Services to Gain Strategic Marketing Insights,"
Journal of the Academy ofMarketing Science 18 (Winter 1990): 43—49; Rhian ... computers.
The Internet offers new ways to deliver service for a broad array of industries.
Many Web sites, however, offer an example ofmarketing goods through service rather
than marketing a core...
... media
social bookmarking
SMO
trackback
digg
tag
typelist
blogroll
viral marketing
buzz marketing
vblog
podcasting
contentcasting
2
Topic: Internet Marketing
E -Marketing vs. marketing
Internet ...
10
Advantages
Democratization of advertising
Reach: Collapsing barriers of time & space
Lower risk of product / services innovation
Lower cost / higher ROI
Digitization of all information
Virtual ...
9
U.S. Online Ad Spending:
5.9% of the $285 billion total U.S. advertising market in 2006
Source: Wall Street Journal, May 25, 2007, pg. B1
$16.9
PRINCIPLES OF
INTERNET MARKETING
NAPA CONSULTING GROUP
...
... for choice of service processes, presentation
of physical evidence, and use ofmarketing communications—not least for educational
purposes. Several of the distinctive characteristics of services ... solution.
~~
Review ofPrinciplesof
Market Segmentation
Market segmentation is central to almost any professionally
planned and executed marketing& apos;program. The concept of seg-
mentation ... Nature and Determinants of Customer Expectations
of Service," Journal of the Academy ofMarketing Science 21, no. 1 (1993): 1-12.
predicted service: the level
of service quality a customer...
... inconve-
nience and/or loss of time and money because of service
failures, either a monetary payment or an offer of equiva-
lent service in kind is appropriate. This type of recovery
strategy may ...
The Hampton Inn 100% Satisfaction
Guarantee
Service Marketing Strategy
In Part III of the book, we focus on some key marketing compo-
nents of the 8Ps—product elements, price and other user out-
lays, ... concerning what
types of supplementary services to offer. A study of Japanese, American, and European
firms found that most simply added layer upon layer of services to their core offerings
without...
... addressed by offering unsold tickets at deeply discounted prices
on the day of the performance.
Yield Management
Service organizations often use the percentage of capacity sold as a measure of opera-
tional ...
agreed to hold their offers open for a specified period of time, during
which Priceline sought to fulfill their offers from inventory provided by
participating sellers. Users of the service had ... be the basis of pricing?
a. Execution of a specific task
b. Admission to a service facility
c. Units of time (hour, week, month, year)
d. Percentage commission on the value of the transaction...
... priceline.com and
marketingguide.com Web sites, December 2000.
2. Paul J. Kraus, "Pricing the Service Offering," in Teresa A. Schwartz and Dawn Iacobucci,
Handbook of Service Marketing and ... companies often
designate approved garages to inspect and repair customers' vehicles when they are
192 PART THREE • SERVICE MARKETING STRATEGY
THE ROLE OFMARKETING COMMUNICATION
Marketing ... take advantage of them.
A specific set of communications objectives might be: (1) to create awareness of the
new offering among all existing customers; (2) to attract the attention of prospective...
... two clusters of hotels in the
vicinity of the shopping district and convention center: a relatively luxurious group of
three, and a second group of two offering a moderate level of luxury.
After ... they do
often represent distinctive new ways of delivering existing products, either with
the intent of offering more convenience and a different experience for existing
customers or of attracting ... to offer broad-
band Internet access. Many banks sell insurance products in the hope of
increasing the number of profitable relationships with existing customers.
American Express, too, offers...
... "The Nature and Determinants of Customer Expectations
of Service," Journal of the Academy ofMarketing Science 21, no. 1 (1993): 1-12.
satisfaction-profit chain:
a strategic framework ... principal causes of
observed outcomes. Application of this technique often highlights a phenomenon
known as the "80/20 rule," showing that approximately 80 percent of the value
of one variable ... if the number of extra cus-
tomers served is minimal, there are both operational and marketing advantages
to remaining open 24 hours. The incremental cost of extending hours is often
relatively...
... solution.
~~
Review ofPrinciplesof
Market Segmentation
Market segmentation is central to almost any professionally
planned and executed marketing& apos;program. The concept of seg-
mentation ... for choice of service processes, presentation
of physical evidence, and use ofmarketing communications—not least for educational
purposes. Several of the distinctive characteristics of services ... Berry, and A.
Parasuraman, "The Nature and Determinants of Customer Expectations of Services,"
Journal of the Academy ofMarketing Science 21 (1993).
8. Valarie A. Zeithaml, Leonard...
... purchasers of industrial goods.
Research by Coviello, Brodie, and Munro suggests that there are three distinct cat-
egories of relationship marketing: database marketing, interaction marketing, ... net-
work marketing.
6
Database Marketing In this type of marketing, the focus is on the market
transaction but includes information exchange. Marketers rely on information
technology—in the form of ...
Realizing the Full Profit Potential of a Customer Relationship
How much is a loyal customer worth in terms of profits? In a classic study, Reichheld
and Sasser analyzed the profit per customer...
... addressed by offering unsold tickets at deeply discounted prices
on the day of the performance.
Yield Management
Service organizations often use the percentage of capacity sold as a measure of opera-
tional ... advantage of the low price."
15
Successful yield management strategies require an
understanding of the shape of the demand curve and an ability to relate the size and price
levels of the ... of discount
from the full price.
16
Physical fences include observable characteristics of the customer
(like child versus adult) and service characteristics such as class of travel, type of...
... Journal of Services Marketing 6 (Fall 1992):
63-76.
7. Victor L. Hunter and DavidTietyen, Business to Business Marketing: Creating a Community
of Customers (Lincolnwood, IL: NTC Business Books, ... and
Employees," Journal ofMarketing 56 (April 1992): 57—71.
16. Louis Fabien, "Making Promises: The Power of Engagement," Journal of Services Marketing
ll,no.3 (1997): 206-214. ... messages delivered through mass media
are often reinforced by direct marketing tools like mailings, telemarketing, faxes, or e-
mail. Direct marketing, which offers the potential to send personalized...
... are treated jointly in this
book as one of the 8Ps of integrated service management. This reflects our belief—and
that of others—that they are often two sides of the same coin. In fact, FedEx ... "The Nature and Determinants of Customer Expectations
of Service," Journal of the Academy ofMarketing Science 21, no. 1 (1993): 1-12.
satisfaction-profit chain:
a strategic framework ... principal causes of
observed outcomes. Application of this technique often highlights a phenomenon
known as the "80/20 rule," showing that approximately 80 percent of the value
of one variable...