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Greg Clarke - Marketing a Service for Profit

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Addressing the needs of all professional service providers, from accountants to doctors to consultants, Marketing a Service for Profit will provide the reader with the confidence to market a service to the right audience with the right approach.

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Cover

title Marketing a Service for Profit A Practical Guide to Key Service - photo 1
title:Marketing a Service for Profit : A Practical Guide to Key Service Marketing Concepts Marketing in Action Series
author:Clarke, Greg.
publisher:Kogan Page
isbn10 | asin:0749419199
print isbn13:9780749419196
ebook isbn13:9780585384726
language:English
subjectService industries--Marketing.
publication date:2000
lcc:HD9980.5.C58 2000eb
ddc:338.4
subject:Service industries--Marketing.

Page i

Marketing a Service for Profit

Page ii

Page iii

Marketing a Service for Profit

A PRACTICAL GUIDE TO KEY SERVICE MARKETING CONCEPTS

GREG CLARKE

IN ASSOCIATION WITH

Marketing

Marketing a Service for Profit - image 2

Page iv

To Moni


First published in 2000


Apart from any fair dealing for the purposes of research or private study, or criticism or review, as permitted under the Copyright, Designs and Patents Act 1988, this publication may only be reproduced, stored or transmitted, in any form or by any means, with the prior permission in writing of the publishers, or in the case of reprographic reproduction in accordance with the terms and licences issued by the CLA. Enquiries concerning reproduction outside these terms should be sent to the publishers at the undermentioned addresses:


Kogan Page LimitedKogan Page Limited
120 Pentonville Road163 Central Avenue, Suite 2
LondonDover
N1 9JNNH 03820
UKUSA

Greg Clarke, 2000


The right of Greg Clarke to be identified as the author of this work has been asserted by him in accordance with the Copyright, Designs and Patents Act 1988.


British Library Cataloguing in Publication Data


A CIP record for this book is available from the British Library.


ISBN 0 7494 1919 9


Typeset by Jean Cussons Typesetting, Diss, Norfolk

Printed and bound in Great Britain by Clays Ltd, St Ives plc


Page v

Contents
Acknowledgementsviii

Introduction1

Chapter 1 A way of looking at things3

Chapter 2 What is a service?
Characteristics of services13
Service machines16
Time, quality and convenience18
Services and goods20
Customer or consumer?24
The service environment26
Finance, funding and cash-flow28

Chapter 3 Practical marketing concepts
Defining roles in the marketing process33
Features, advantages, benefitsand the ultimate benefit37
Problems? What problems?41
The marketing mix44
Competitor analysis and finding the gap in the market46
What market are you really in?48
Branding50
The augmented product and added-value53
Segmentation56
Segmentation, targeting and positioning60

Page vi


Chapter 4 Strategic direction decisions
The truth is out there65
You are not your customer70
Break-even73
The planning grid77
Directions for business development78
Vision and mission81

Chapter 5 Pricing for profit
Pricing points and managing customer expectations89
Pricing packages90
The going rate and competitors' pricing94
Alternatives to cost-cutting98
Factors that influence price101

Chapter 6 Targeted promotional strategies
Customer expectations119
Triggers120
The marketing process121
Common service marketing failings123
Reaching new customers125
Conveying your message125
Indirect marketing tactics142

Chapter 7 Managing the process
Negotiating160
Getting paid166
Managing services and facilities170
Defining the mission172
Assessing resources: time, people, cash, facilities173
Customer care174
Dealing with customer complaints178

Chapter 8 The marketing audit for service providers
Your company185
The market186
Market research and market intelligence186
Sales and sales administration187
Sales force188
Communications188

Page vii

Service range189
Purchasing190
Finance191

References and further reading192
Index193

Page viii

Acknowledgements

My thanks to Dave Woolf for creating and producing the cartoons. I would also like to thank Dennis Mellers for reading the draft manuscripts and for providing such positive feedback and useful comments about the content. I am also indebted to the various editors at Kogan Page for their patience!

Page 1

Introduction

The secret of getting ahead is getting started. (Mark Twain)

If your business is totally service based, if you provide facilities for use by customers, or if you provide a level of service to your customer along with goods or any type of product, this book is for you. It is hoped that the book will also provide an interesting and useful adjunct to more formal text books for anyone studying marketing or business studies at any level.

Marketing a Service for Profit is not a text book of theories; it is a handbook of practical marketing concepts, techniques and strategies needed for success. Every attempt has been made by the author to help the reader lift the ideas and techniques from the page, rather than trying to just set them down in print. By the end of the book you will have not only gained a good grasp of proven marketing concepts and techniques that apply to marketing a service, but also be in a position to selectively employ them for profit. Key points are identified at each relevant stage and Action points start you moving in the right direction.

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