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Mark110
Chapter 12
11
Marketing
Undergraduate 1
10/25/2007

Additional Marketing Flashcards

 


 

Cards

Term
Capacity Management  
Definition
Making a service capacity as productive as possible without compramising service quality.
Term
Customer Contact Audit
Definition
A flowchart of the points of interaction between consumer and service provider.
Term
Eight P's of Services Marketing  
Definition
Product, price, place, promotion, people, physical evidence, process, productivity
Term
four I's of Services
Definition

Intangibility:  services cannot be held, touched or seen before purchase

Inconsistency:  quality of service is often inconsistent.  Varries with service provider.

Inseperability:  services are produced and consumed simultaneously

Inventory:  cost of a service is cost of paying service provider for time 

Term
Gap Analysis
Definition
Differences between a consumer's expectations and experience of a service.
Term
Idle Production Capacity
Definition
When service provider is available but there is no demand for the service.
Term
Internal Marketing
Definition
In order to service customers well, employees must be treated like valued customers.
Term
Off-Peak Pricing
Definition
Charging different prices during different times of the day or different days of the week to reflect variations in demand.
Term
Service Continuum
Definition
A range from tangible to intangible or good dominated to service dominated offerings.
Term
Services
Definition
Intangible activities, benefits, or satisfactions that an organization provides in exchange for money, or something else for value.
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