15. Customer Value Hierarchy : Five Level Core Benefit The fundamental level is the core benefit: the service or benefit the customer is really buying. In case of bathing soap the core benefit is cleansing action. Basic Product At the second level, the marketers must turn the core benefit into a basic product. For instance the cleansing action is provided to the customer by a bathing soap bar. Thus the basic product is soap bar. 11/3/2009 The Service Product 6
16. Customer Value Hierarchy : Five Level Expected Product At the third level, the marketer prepares an expected product, a set of attributes and conditions buyers normally expect when they purchase this product. In relation to soap the expected features usually are fragrance, freshness and gentle to the skin. Augmented Product At the fourth level, the marketer prepares an augmented product that exceeds customer expectations. It is at this level that consumers distinguish one brand from another. These additional features in the soap are flavors such as chocolate, peach milk soap,(lux) ÂĽ thcup moisturizer (dove), fairness soap, lime fresh (liril), deodorant soaps (cinthol), Indian essence soaps (santoor, breeze, nima) 11/3/2009 The Service Product 7
17. Customer Value Hierarchy : Five Level Potential Product At the fifth level stands the potential product, which encompasses all the possible augmentations and transformations the product or offering might undergo in the future. Offers such as combos, shampoo sachets free, dryness or face wash creams free with the soap purchased, gold coin offers, scratch cards presented with various schemes like Rs. 10 off on purchase of 3 soaps or 1 soap free on purchase of 3 etc. these are new ways to lure the customer. Apart from these features the potential product is also the novel, upcoming features which are still under research. For instance (as told to us by one of the consumers we interviewed) that a hair removal soap would be something he would be looking forward to in the near future. Apart from these features a consumer also wishes to find value for his money. Thus when choosing a soap, he looks for the one with maximum features thereby giving him value for his money. 11/3/2009 The Service Product 8
18. Services Quality Timeliness - waiting time, queuing time, processing time Accuracy - error free, reliability Courtesy - front line manners - telephone etiquette Completeness - scope of services - availability of support 11/3/2009 The Service Product 9
19. Services Quality Counti…. Set service standards that are: CLEAR – precise in meaning CONCISE – short and to the point OBSERVABLE – can be seen or measured REALISTIC – practical and attainable IMPORTANCE OF SETTING QUALITY SERVICE STANDARDS: Establish a target Communicate expectations Create a valuable management tool 11/3/2009 The Service Product 10
20. Services Quality Counti…. Availability - no. of outlets, tellers, service station Ambiance - service atmosphere - cleanliness - spaciousness of lobby Personalized Service - flexibility Convenience - location - accessibility - parking 11/3/2009 The Service Product 11
42. The Quality Statements:- 8. Our customers find working with us easy and pleasurable 9. We know how our people feel about working here and always respond to make it better 10. We have teams and individuals who can respond quickly to changes circumstances, whatever they are 11/3/2009 The Service Product 17
44. Gaps in Service Quality Word -of-mouth communications Personal needs Past experience Customer Expected service GAP 5 Perceived service External communications to consumers Service delivery (including pre- and post-contacts) GAP 3 GAP 1 GAP 4 Translation of perceptions into service quality specifications GAP 2 Provider Management perceptions of consumer expectations
45. Excellent Service – Define It It's all about the customer perception of value Integrate quality as a foundation for winning the customer's heart Be GLAD – Greet, Listen, Advise and Deliver Deliver on the brand promise Go the extra mile Have proactive service recovery procedures
46. Quote Create Passionate Customers: Passion, loyalty and advocacy are driven most strongly by emotions rather than reason; and emotions are a strongly human phenomenon
55. Insight 11/3/2009 The Service Product 24 Customer Service is the New, New Marketing Its all about empowering your customers so that they become an extension of your sales force and passionate advocates of your brand
56. Thank you for your proper response and support! For further information contact: +91-9427913540 vasant_parakhiya@yahoo.com From : Parakhiya Vasantkumar ssopcon@yahoo.com