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Bài tập chuyên đề services marketing – crm eng

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Tiêu đề Services Marketing – CRM
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Myassignment will focus on 5 contents: i The marketing planning process, Monitory marketingplanning and services; ii Service market segmentation, Customer loyalty; iii Explain therole of

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I INTRODUCTION.

“A service is any act or performance one party can offer to another that is essentially intangible and does not result in the ownership of anything Its production may or may not be tied to a physical product Increasingly, manufacturers, distributors, and retailers are providing value-added services, or simply excellent customer service, to differentiate themselves Many pure service firms are now using the Internet to reach customers; some are purely online” (Kotler, Philip 14th Ed., p.355)

In our lives, we use many services every day Services are present by many forms They almost respond people’s needs For examples, turning on a light, watching TV, talking on the telephone, catching a bus, seeing the doctor, posting a letter, getting a haircut, refueling a motor, surfing the internet are all of service consumption at the individual level

However, the customers are not often happy with the quality and value of the services they receive People often complain about something such as late deliveries, rude or incompetent personnel, inconvenient service hours, poor performance, needlessly complicated procedures and a host of other problems They grumble the difficulty, disappointed, dissatisfy such as: finding sales assistants to help them in shops, express frustration about mistakes on their credit card bills or bank statements, shake their heads over the complexity of new self-service equipment, mutter about poor value and sigh as they are forced to wait for service or stand in queues almost everywhere they go

In opposition, the suppliers of services often seem to have a very different set of concerns Many complain about how difficult it is to make a profit, how hard it is to find skilled and motivated employees, or how difficult to please customers have become Some firms seem to believe that the surest route to financial success lies in cutting costs and eliminating ‘unnecessary frills’ A few even give the impression that they could run a much more efficient operation if it were not for all the stupid customers who keep making unreasonable demands and messing things up!

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After learning the marketing management and guiding of the instructor, I decide to search the topic “Services marketing – CRM” for understanding this subject clearer My assignment will focus on 5 contents: (i) The marketing planning process, Monitory marketing planning and services; (ii) Service market segmentation, Customer loyalty; (iii) Explain the role of marketing communication, Service promotion; (iv) Explain the role of intermediaries

in planning and managing service delivery; and (v) Write a detailed note on CRM programmers

This assignment includes three parts: introduction, body and conclusion Some examples will be shown to illustrate for the theories of marketing management

II BODY.

1 Answer the following:

a The marketing planning process

To set the stage for developing a marketing plan, we begin with a description of the traditional marketing planning process, the evolution of the marketing concept, and a few of the most recent shifts in marketing management philosophy

First of all, you begin to clarify the purpose and focus on your plan;

After that, you move on to analyzing the current situation and environment, identifying target customers: group or individual; similar place or income; What age; customer's purchase histories (kind of products, services.); How often; Trait of products or services, etc Then you must establish marketing objectives and goals, conducting research to deepen your understanding of your target customers, determining a desired positioning for the offer, and designing a strategic marketing mix The marketing mix is often referred to as the '4 Ps', i.e product, price, place and promotion To meet customers' needs a business must develop products to satisfy them, charge the right price, get the goods to the right place, and it must make the existence of the product known through promotion

Products or services - Must meet customer requirements whatever these might be For

example, an important aspect is function - products should do what they say they can do and what they are expected to do For example, Audi cars are popular because of their high performance

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Appearance is also important This is why, for example, consumers are prepared to pay premium prices for some of Gillette's razors

Place - Roughly one fifth of the cost of a product is spent getting it to consumers Of

course, the actual figure varies widely from product to product but generally distribution is a very important element in the marketing mix Different organizations use different approaches to reaching their customers For example, McDonald's uses a franchising system enabling it to operate in a wide variety of geographical locations, and Amway distributes through Independent Business Owners worldwide

Promotion - Is the process of communicating with customers For marketing purposes,

communication of products and services contributes to the persuasion process to encourage consumers to avail themselves of whatever is on offer The key processes involved in promotion, include:

 Branding - creating a distinctive image and character to an organization/and or its products and services

 Advertising - to inform and persuade the public

 Packaging - presenting the product in a desirable and appropriate way

 Public relations activities and other forms of publicity

 Sponsorship

 Special promotions - e.g buy one get one free

Price - Needs to be relevant to the product/service and the market For example, BIC the

manufacturer of razors, pens and lighters seeks to provide the world's markets with products

at affordable prices A firm's pricing decision is often aimed at attracting a particular market segment For example, if it wants to sell at the top end of the market it will charge a high price, at the bottom a low price, and so on

And then you develop evaluation, budget, and implementation plans

Some conceptualize the process more easily with these broader headings: Why are you doing this? Where are you today? Where do you want to go? How are you going to get there? How will you keep on track? How many percent of total revenue?

We follow step by step above to have marketing strategy and budget

(b) Monitory marketing planning and services

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According to me, our marketing planning needs to focus:

- Analysis clearly about company's resource

- Current business method of company (Target Product and Service)

- Research Customers and Consumers

- Research Competitors

- Analysis SWOT

- Detail marketing planning

- Marketing strategy implementation and step-by-step controlling to get our goals

With the marketing planning, it must be a simple planning (keeping the target on right); it

is put down in writing; it is direct and clear (for easy understanding); Finally, we must usually check and control it

2 Answer the following:

(a) Service market segmentation

An organization cannot satisfy the needs and wants of all consumers To do so may result in a massive drain in company resources Segmentation is simply the process of dividing a particular market into sections, which display similar characteristics or behavior There are a number of segmentation variables that allow an organization to divide their market into homogenous groups They are demographic, income, geographic and psychographics segmentation These variables will be discussed below.

Bases for Segmenting Consumer Markets (B2C): Dimensions used to divide

consumer markets into segments include both objective and subjective dimensions, as noted below

Demographic Segmentation

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Demographic and socioeconomic descriptors—frequently used demographics include age, gender, marital status, household size and lifecycle stage, religion, race/ethnic group, and nationality; frequently used socioeconomic descriptors include income, occupation, education, social class, and asset ownership

As people age their needs and wants change, some organizations develop specific

products aimed at particular age groups for example, nappies for babies, toys for

children, clothes for teenagers and so on Gender segmentation is commonly used

within the cosmetics, clothing and magazine industry In the UK we have also seen the introduction of Maxim, (www.maxim-magazine.co.uk) a male lifestyle magazine covering male fashion, films, cars, sports and technology We have also seen the introduction of unisex cosmetic products like CK1 that works on the similarities between the two genders.

Products and services are also aimed at different lifecycle segments Holidays are

developed for families, the 18-30's singles, and for those in their 50's.

Income Segmentation

Income segmentation is another strategy used by many organizations Stores like Harrods; Harvey Nichols are predominantly aimed at the affluent market Daewoo aim their vehicles at price sensitive buyers who require a bundle of benefits for the price In today's globally competitive environment brands are specifically developed and positioned within particular income segments in order to maximize turnover.

Geographic Segmentation

Geographic descriptors — ranging from location of small group of customers to the entire world, including country, region, state, county, metro area, zip code, neighborhood, etc.

Geographical segmentation divides markets into different geographical areas Marketers use geographic segmentation because consumers in different areas may display certain characteristics and behaviors in that particular region, for example, in London UK certain parts of the West End of London are more affluent then the East End and you will find particular products sold in these regions based on their affluence An area can be divided by the town, the region or the country If you are an organization working on a global scale you may divide by global regions such as Europe, North America, South America, Asia and Africa Mc Donalds globally, sell burgers aimed at local markets; for example, burgers are made from lamb in India rather then beef because of religious issues In Mexico more chilli sauce is added and

so on.

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Psychographics Segmentation

Although demographic segmentation is useful, marketers can use alternative segmentation variables that aim to develop more accurate profiles of their target segments Psychographics segmentation can be broken down into lifestyle, social class, and personality characteristics.

Psychological and psychographic descriptors—difficult to measure, but useful for product positioning, promotional messages and media, distribution strategies, etc.; include consumer lifestyles as predictor of buyer behavior

Behavioral and situational descriptors—based on ways that consumers buy and use goods and services, including consumers’ status as present, past, or future user (or nonuser) of product class, brand, or supplier.

Bases for Segmenting Business-to-Business Markets (B2B): Many general

segmentation variables are used to segment both consumer and business markets However, the specific dimensions within each category are selected for their predictability and marketing applications for business customers.

Demographic descriptors — most widely used dimension is industry classification

(NAICS code); others include the size (sales, number of employees or locations), age, etc of an organization, and how the product will be used by customers (OEM, resale, etc.)

Geographic descriptors — many industries are concentrated in one or a few

geographic locations; domestic and overseas markets can be segmented on the basis of geography, economic conditions, population size, etc.

Behavioral and situational descriptors — frequently used dimensions include

technology (high-/low-tech, innovative/conservative, etc.), usage (heavy, medium, light, nonusers), organization-related variables (e.g., buying policies), and purchase situation (nature of purchase, degree of customization needed, readiness to buy, etc.)

Psychological and psychographic descriptors — applies to the individual or

group that makes the final buying decision (or may reflect the overall organizational culture); includes attitudes toward important factors, personal traits, etc.

Benefits sought — some benefits most frequently sought by organizations include

value (low price/high quality), service, delivery based on economic motives and price sensitivity, and desire for convenience (logistics, service, etc.).

(b) Customer loyalty

The first step in managing a loyalty based business system is finding and acquiring the right customers

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After acquisition of the desirable customers the next step is to build relationships and turn them into loyal customers who will generate a growing revenue stream for the company

A loyal customer is a consistent source of revenue for the organization This loyalty has to be sustained by continuously providing superior quality and value

3 Answer the following:

(a) Explain the role of marketing communication:

Marketing communication includes 4 main promotions: Advertising, Sales Promotion, Personal Selling and Public Relations Efficiency of the promotions is depended on markets Advertising is one of the best promotions Advertising helps to send attracted information to potential customers Target of advertising attract attention and persuade the customer to believe the useful, attraction of the products It also helps to change or consolidate/reinforce customer’s behavior and believes about our products At the same time, the customers are urged to buy goods

Sales promotion is in order to stimulate the market faster and stronger response to products and services of the company There are various promotional tools (samples, gifts) to achieve different goals depending on the promotional market, product and competitive conditions Promotion is an important part of the marketing mix for many marketers Promotion adds tangibility and helps the customer evaluate the service offer

Personal selling is face-to-face communication of salesperson with potential clients It helps the salesperson to present, introduce and sell their products Selling personal makes client to pay attention to salesperson’s information Between sellers and buyers have a flexible interaction, adapting to the specific requirements of the customer and can lead to purchase behavior Advertising cannot do this The salesperson can persuade and resolve customer inquiries through personal selling In addition, it can establish and develop sales relationships However, the one has a bad image to the final consumer in practice This activity seems dishonest It uses a variety of techniques to push the customer

Public relations as a tool increasingly considered important in marketing activities It is sometimes more stronger effect, higher efficiency and lower cost than advertising Public relation was made for many purposes, including enhancing the dissemination of corporation

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reputation; creating a good image for proper business Also, it shows the interest of corporation to the development of the province

(b) Service promotion

Service promotion is to promote the service, seek chances to provide services This activity helps the business operations more efficient The forms of promotion services: Promotion; advertising; displaying, introducing service; participating in trades and services fairs, shows

Promotion is to stimulate consumption, promote consumers to buy more and more services that are provided or distributed The principles of promotion are Honesty, openness and transparency; No discrimination; Supporting for Customer; Quality of service; do not abuse the trust; Healthy competition; No promotion of medicines

Advertising is to introduce customers to the company’s activities of business and services Its products include visual information, actions, sounds, voices, words, symbols, colors, lights that containing advertising contents Advertising media is a tool that used to introduce products and services They include the public medias; news; publications; types of panels, signs, banners, posters, fixed objects, vehicles or other moving objects, etc

Displaying, introducing the service are activities to promote the company's services and materials that used to introduce service to customers Their forms include: Opening showroom, service referrals; Displaying and introducing services at the malls services or funding in recreational activities, sports, culture and art; Organizing conferences and seminars have exhibited, service referrals; displaying and introducing services on the Internet, etc

Trade fairs, services exhibition are promotion activities They are holding in a concentrated time at a certain location Companies display and introduce their services to aim promoting, seeking opportunities themselves for service contracts (Eg: Computer & IT Trade Shows 29 May – 01 June 2014 in Singapore, Motocycle Trade Expo 19-21 January

2014, etc)

4 Explain the role of intermediaries in planning and managing service delivery

Sometimes when you buy a good or service, it passes straight from the producer to you But suppose every time you purchased something, you had to contact its maker? For some

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products, such as a haircut, this is normal But what about the products you purchase at the grocery store? You couldn’t contact and buy directly from all the makers of those products Fortunately, companies partner with one another, alleviating this burden for you For example, instead of Unilever sells individual toothbrushes to consumers, it sells many of them to a store close to you, which then sells them to you

Intermediaries, also known as distribution intermediaries, marketing intermediaries, or

middlemen, are an extremely crucial element of a company's product distribution channel Without intermediaries, it would be close to impossible for the business to function at all This is because intermediaries are external groups, individuals, or businesses that make it possible for the company to deliver their products to the end user For example, merchants are intermediaries that buy and resell products

The intermediaries reduce transactions in exchange of social Through distribution network that manufacturers can access to numerous customers everywhere Customers

Producer A

Producer B

Producer C

Customer A

Customer B

Customer C Having 9 connectors

Producer A

Producer B

Producer C

Customer A

Customer B

Customer C Having 6 connectors

Intermediaries

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contact only with a distributor that can buy a variety of products of different manufacturers.

In contrast, manufacturers contact only with a distributor that can sell more products to customers

(Source: http://www.consumerpsychologist.com/intro_Distribution.html)

There are four generally recognized broad groups of intermediaries: agents, wholesalers, distributors, and retailers

Agents/Brokers

Agents or brokers are individuals or companies that act as an extension of the manufacturing company Their main job is to represent the producer to the final user in selling a product Thus, while they do not own the product directly, they take possession of the product in the distribution process They make their profits through fees or commissions

Wholesalers

Unlike agents, wholesalers take title to the goods and services that they are intermediaries for They are independently owned, and they own the products that they sell Wholesalers do not work with small numbers of product: they buy in bulk, and store the products in their own warehouses and storage places until it is time to resell them Wholesalers rarely sell to the final user; rather, they sell the products to other intermediaries such as retailers, for a higher price than they paid Thus, they do not operate on a commission system, as agents do

Distributors

Distributors function similarly to wholesalers in that they take ownership of the product, store it, and sell it off at a profit to retailers or other intermediaries However, the key

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