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Creating Effective Service Products

Chapter 4 of Services Marketing focuses on creating service products, emphasizing the importance of core products, supplementary services, and delivery processes. It discusses branding strategies for service firms and the significance of brand equity in establishing customer loyalty. Additionally, it outlines new service development categories and factors contributing to success in this area.
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0% found this document useful (0 votes)
19 views20 pages

Creating Effective Service Products

Chapter 4 of Services Marketing focuses on creating service products, emphasizing the importance of core products, supplementary services, and delivery processes. It discusses branding strategies for service firms and the significance of brand equity in establishing customer loyalty. Additionally, it outlines new service development categories and factors contributing to success in this area.
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

Services Marketing:

CHAPTER 4
Creating The Service Product

Lecturer: Dr. Vu Hoang Linh, Ph.D.

1
Creating Service Products
• A product implies a defined and
consistent “bundle of output” as well as
the ability to differentiate one bundle of
output from another.
• Service firms differentiate their
products using the various “models”
offered by manufacturers.

2
The Components of a Service Product
Core Product
• ‘What’ the customer is fundamentally buying
• The core product is the main component that supplies the
desired experience
Supplementary Services
• The core product is usually accompanied by a variety of other
service-related activities referred as supplementary services
• Supplementary services augment the core product, both
facilitating its use and enhancing its value
Delivery Processes
• The processes used to deliver both the core product and
each of the supplementary services

3
The Flower Of Service

The Flower of Service: Core Product Surrounded by Clusters of


Supplementary Services
4
Facilitating Supplementary Services:

Information

To obtain full value from any good or service, customers


need relevant information.
Information includes the following:
• Direction to service site
• Schedules/service hours
• Price information
• Terms and conditions of sale/service
• Advice on how to get the most value from a service
• Warnings and advice on how to avoid problems
• Confirmation of reservations
• Receipts and tickets
• Notification of changes
• Summaries of account activities
5
Facilitating Supplementary
Services: Order-taking
Once customers are ready to buy, a key supplementary
element comes into play — order-taking.
• Order-taking includes:
• Order entry
• On-site order entry
• Mail/telephone/e-mail/online/mobile app order
• Reservations or check-ins
• Seats/tables/rooms
• Vehicles or equipment rental
• Professional appointment
• Applications
• Memberships in club/programs
• Subscription services
• Enrolment-based services

6
Facilitating Supplementary
Services: Billing
Billing is common to almost all services (unless
the service is provided free-of-charge).
• Billing can be:
• Periodic statements of account activity.
• Invoices for individual transactions.
• Verbal statements of amount due.
• Online or machine display of amount due for self-payment
transactions.

7
Facilitating Supplementary
Services: Payment
A variety of payment options exist
• Self-service
• Inserting card, cash or token into machine
• Electronic funds transfer
• Mailing a check
• Entering credit card information online
• Online payment systems such as PayPal, Google Wallet or Bitcoins
• Direct to payee or intermediary
• Cash handling or change giving
• Check handling
• Credit/charge/debit card handling
• Coupon redemption
• Automatic deduction from financial deposits
• Automated systems
• Pre-arranged automatic deduction for bill payment through direct debit
8
Enhancing Supplementary Services
Consultation - involves a dialog to probe for customer requirements
and then develop a tailored solution
o Customized advice
o Personal counseling
o Tutoring/training in service use
o Management or technical consulting
Hospitality - reflect pleasure at meeting new customers and greeting
old ones when they return
• Greeting
• Food and beverages
• Toilets and washrooms
• Waiting facilities and amenities
o Lounges, waiting areas, seating
o Weather protection
o Magazines, entertainment, newspapers
• Transport

9
Enhancing Supplementary Services
Safekeeping - assistance with safekeeping customers’
personal possessions
• Child care, pet care
• Parking for vehicles, valet parking
• Coat rooms
• Baggage handling
• Storage space
• Safe deposit boxes
• Security personnel

Exceptions - supplementary services that fall outside the


routine of normal service delivery
• Special requests
• Problem-solving
• Handling of complaints/suggestions/compliments
• Restitution

10
Branding Service Firms, Products and Experiences

• Branding helps marketers to establish a mental


picture of the service in customers’ minds and to
clarify the nature of the value proposition.
• Distinctive brand names of individual service
products enables the firm to communicate the
distinctive experiences and benefits associated with a
specific service concept to the target market
• Branding can be employed at both the corporate and
product levels by almost any service business.

11
Branding Strategies For Services
• Service organizations offer a line of products
rather than just a single product.
• Four broad branding alternatives:
• Branded House – used to describe a company, that applies
its brand name to multiple offerings in often unrelated
fields
• Sub-brands – the corporate or the master brand is the
main reference point, but the product itself has a
distinctive name
• Endorsed Brands – the product brand dominates but the
corporate name is still featured
• House of Brands – the corporate brands and its well-
known sub brands

12
Branding Alternatives

13
Tiering Service Products With
Branding
• In a number of service industries, branding is not
only used to differentiate core services, but also to
clearly differentiate service levels. This is known as
service tiering.
• It is common in industries such as hotels, airlines, car
rentals, and computer hardware and software
support.
• Other examples of tiering include
healthcare insurance, cable television, and
credit cards.

14
Building Brand Equity
• Brand equity is the value premium that comes with a brand - what
customers are willing to pay for the service, beyond what they are
willing to pay for a similar service that has no brand.
• Components of Brand Equity
• Company’s presented brand — mainly through advertising, service
facilities and personnel.
• External brand communications — from word of mouth and publicity.
These are outside of the firm’s control.
• Customer experience with the company —what the customer has gone
through when they patronized the company.
• Brand awareness — the ability to recognize and recall a brand when
provided with a cue.
• Brand meaning — what comes to the customer’s mind when a brand is
mentioned.
• Brand equity — the degree of marketing advantage that a brand has over its
competitors.
15
A Service-branding Model

16
Delivering Branded Service Experiences

• Aligning the service product and brand with its


delivery process, servicescape and people with the
brand proposition.
• Having processes in place.
• Creating the emotional experience can be
done effectively through the servicescape.
• Building of interpersonal relationships, where trust
is established between the consumers and the
firm’s employees.
• Investing in employees: they will be the ones who
can deliver the brand experience that creates
customer loyalty.
17
New Service Development
A Hierarchy of New Service Categories
• Style changes represent the simplest type of
innovation, typically involving no changes in either
processes or performance.
• Service improvements involve small changes in the
performance of current products, including
improvements to either the core product or to
existing supplementary services.
• Supplementary service innovations take the form of
adding new facilitating or enhancing service elements
to an existing core service or significantly improving an
existing supplementary service.

18
New Service Development
• Process line extensions offer more convenience and
a different experience for existing customers, or
attract new customers who find the traditional
approach unappealing.
• Product line extensions are additions to a
company’s current product lines.
• Major process innovations consist of using new
processes to deliver existing core products in
new ways with additional benefits.
• Major service innovations are new core products
for markets that have not been previously defined.

19
Achieving Success In New Service
Development
• Services like products are not immune to
the high failure rates.
• Reasons for failure include not meeting a
consumer need, inability to cover costs
from revenues, and poor execution.
• Three factors contribute most to success:
o Market synergy
o Organizational factors
o Market research factors

20

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