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22 Cards in this Set

  • Front
  • Back

intangibles

experience-based products

services

intangible products that are exchanged directly from the producer to the customer

intangibility

the characteristic of a service that means customers can't see, touch, or smell good service.

perishability

the characteristic of a service that makes it impossible to store for later sale or consumption

capacity management

the process by which organizations adjust their offerings in an attempt to match demand

variability

the characteristic of a service that means that even the same service performed by the same individual for the same customer can vary

inseparability

the characteristic of a service that means that it is impossible to separate the production of a service from the consumption of that service

service encounter

the actual interaction between the customer and the service provider

disintermediation

a service that requires the customer to obtain an outcome without the intervention of a human provider

core service

the basic benefit of having a service performed

augmented services

the core service plus additional services provided to enhance value

servicescape

the actual physical facility where the service is performed, delivered, and consumed

search engine optimization (SEO)

a systematic process of ensuring that your firm comes up at or near the top of lists of typical search phrases related to your business

search qualities

product characteristics that the consumer can examine prior to purchase

experience qualities

product characteristics that customers can determine during or after consumption

credence qualities

product characteristics that are difficult to evaluate even after they have been experienced

SERVQUAL

a multiple-item scale used to measure service quality across dimensions of tangibles, reliability, responsiveness, assurance, and empathy

gap analysis

a marketing research method that measures the difference between a customer's expectation of a service quality and what actually ocurred

critical incident technique

a method for measuring service quality in which marketers use customer complaints to identify critical incidents--specific face-to-face contacts between consumer and service providers that cause problems and lead to dissatisfaction

place marketing

marketing activities that seek to attract new businesses, residents, or visitors to a town, state, country, or some other site.

idea marketing

marketing activities that seek to gain market share for a concept, philosophy, belief, or issue by using elements of the marketing mix to create or change a target market's attitude or behavior

new dominant logic for marketing

a reconceptualization of traditional marketing to redefine service as the central (core) deliverable and the actual physical products purveyed as comparatively incidental to the value proposition