Category: Marketing

By Priya Chetty on October 30, 2010 11 Comments

In recent years economists have recognized that monetary price is not the only sacrifice consumers make to obtain products and services.

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By Priya Chetty on October 30, 2010 No Comments

To what extent do customers use price as a criterion in selecting services? How much do consumers know about the costs of services?

By Priya Chetty on October 30, 2010 1 Comment

To manage fluctuating demand in a service business, it is imperative to have a clear understanding of demand patterns…

 
By Priya Chetty on October 30, 2010 7 Comments

Service delivery for customers can be seen in a factory. The place the service is produced and is consumed interacting with the employees and other customers.

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By Priya Chetty on October 30, 2010 1 Comment

Variety of negative emotions can occur following a service failure, including such feelings as anger, discontent, disappointment, self pity.

By Priya Chetty on October 30, 2010 1 Comment

Both parties benefit i.e., customer / firm from customer retention. It is not only in the best interest of the organization to build and maintain…

 
By Priya Chetty on October 30, 2010 1 Comment

There has been a shift from a transactions to a relationship focus in marketing. Customers become partners and the firm must make long-term….

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By Priya Chetty on October 30, 2010 No Comments

The mere presence of customers in churches, restaurants, bars and spectacular sports is important. If no one else shows up, customers….