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MKT625 : Services Marketing

Course Overview

Course Synopsis

Today’s economy is witnessing a powerful shift to services as never before.The world is witnessing a transition from products being offered by manufacturing industry to optimal customer solutions proposed by services industry.Technology has immensely facilitated this transition. In most of the highly developed nations service sector contributes between two thirds and three fourths of GDP. This course enables the students to explore the emerging trends and issues and imminent opportunities in services marketing field. It will also help in exploring the reality of today’s service centered world to get equiped with academic and managerial critical thinking, concepts and rich information. After dealing with this it investigates models to address the theoretical and practical issues involved. Finally it discusses the strategies, information and knowledge available to substantiate the models. In nutshell, this course will help to sharpen your knowledge and skills of customized marketing from the service industries perspective.

Course Learning Outcomes

At the end of this course, you should be able to learn the following:

  • Define characteristics of services and learn the elements of marketing mix for services.
  • Highlight the significance of the pre- and post-purchase process for services
  • Develop an understanding of consumer expectations and how to cope with those during the pre- and post-purchase phases.
  • Understand the basic determinants of quality and the basic principles that underlie service quality.
  • Understand various operational positions.
  • Leran about Services Triangle
  • Understand the dynamics of channel structures, distribution management, and distribution growth strategies.
  • Learn to develop competitive advantage by a firm and related marketing strategies to sustain that advantage.
  • Understand and appreciate the accuracy and appropriateness of effective communication programs.
  • Become skilled at evaluating service performance through measurement dynamics.


Course Calendar

1 Introduction
2 The importance of the services sector and types of services
3 Marketing approaches and characteristics of services
4 Classification of services
5 Classification of services...contd.
6 Classification of services…cont’d & Benefits of classification
7 Marketing mix of services
8 The provider gap-- its levels & the customer gaps
9 The purchase process of services
10 The purchase process of services…cont’d & The model of consumer expectations
11 Zone of tolerance & Maslow’s hierarchy in a marketing perspective
12 Consumer expectations
13 Satisfaction and quality
14 Dimensions of quality
15 Quality dimensions and the themes
16 Objectives of research
17 Criteria for effective research…cont’d
18 Elements in effective research…cont’d
19 Performance, gap scores, and competition charts
20 Research for upward communication & Relationship marketing
21 Benefits of relationship marketing
22 Relationship strategies
23 Recovery strategies
24 Service guarantees & Gap 2
25 The new service development
26 Planning process……… Front-end planning
27 Considerations for a complete blueprint
28 Establishing an operational position
29 Establishing an operational position..... cont'd
30 Job design
31 Service standards
32 Values & value system
33 Importance of physical evidence (PE)
34 Physical evidence strategy & Closing gap 3
35 Closing gap 3--People/Employees
36 Strategies for managing people…cont’d & Distribution…
37 Distribution
38 Distribution management & Managing supply and demand
39 Demand management strategies
40 Service Communication
41 Managing promises & expectations
42 Improve customer education
43 Role of pricing
44 The basis of demand-based pricing
45 The recap