Syllabus
M-421
Services Marketing
Unit | Course Description | Sessions |
Unit I | Introduction to Services Marketing: Understanding Services, Differences in Goods Versus Services, Emerging Service Environment, Classification of Services, Service Encounters. | 2 |
Unit II | Service Market Segmentation, Targeting & Positioning: Process of Market Segmentation, Targeting and Positioning, Service Value Addition to the Service Product, Planning and Branding Service Products, New Service Development, Concept of Flower of Service. | 3 |
Unit III | Pricing Strategies for Services: Service Pricing, Revenue Management, Pricing Objectives, Challenges in Pricing. | 4 |
Unit IV | Service Promotion: The Role of Marketing Communication, Implication for Communication Strategies, Setting Communication Objectives, Marketing Communication Mix, Role of Digital Marketing and Social Media Marketing. | 3 |
Unit V | Place & Process Decisions: Methods of Service Delivery, Role of Intermediaries, Franchising, Service Process, Developing a Service Blueprint, Application of Service Blueprint. | 3 |
Unit VI | People & Physical Evidence: Frontline Service Employees, People Management Strategies, Service Leadership & Service Climate, Service Environment, Service Scape Model, Designing Services Capes. | 3 |
Unit VII | Service Excellence: Enabling Service Excellence, Delivering Value, Service Failure & Recovery, Service Quality, SERVQUAL Model, Customer Loyalty. | 4 |
Unit VIII | Customer Relationship Marketing: Relationship Marketing, the Nature of Service Consumption, Understanding Customer Needs and Expectations, Strategic Responses to the Intangibility of Service Performances. | 2 |
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