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Home » Marketing » Ownership in Service Marketing

Ownership in Service Marketing

December 29, 2017 | By Hitesh Bhasin | Filed Under: Marketing

Ownership is never transferred in the case of services.

In products, the product is produced first and than it is sold. However in services, the product is bought first and than produced and consumed. In this case the ownership is not transferred.

Lets take an example. You go to an electronics shop and buy a sony walkman. The product now belongs to you. However, you next go to the restaurant and order a dish. Does the food in the restaurant belong to you? No. In the case of the electronics shop too, the product – Walkman might belong to you, but the ownership of the service has not been transferred. In an IT company, you might get an order for an IT software but do you own the software? Not until it becomes a independent product for the IT company.

In short, ownership is trasnferred in case of products but not in case of services.

Marketing implications of Ownership

A lot of the implications of ownership depend on how your people perform while delivering the service. The ownership criteria comes after the service product has been delivered to the customer and not before.

Example, A customer might not like the service in a shop, a restaurant or an airline. However he would have already paid for the usage of the service product. Thus in such a case he can positively or negatively impact the service product. Hence measures should be taken in the complete marketing mix to not dissapoint the customer post the service sale.

What have been you grievances against service providers? Kindly list if any.

Liked this post? Check out the complete series on Marketing

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  5. Difference between product marketing mix and service marketing mix
  6. Service Marketing – Definition, Importance, Characteristics and Strategy For Marketing
  7. Heterogeneity in service marketing
  8. 7 Types of After Sales Service to keep your Customer Satisfied
  9. Who Is A Customer Service Representative and what is his Role?
  10. Internal Customer Service: Definition, Best Practices and Examples

About Hitesh Bhasin

Hitesh Bhasin is the Founder of Marketing91 and has over a decade of experience in the marketing field. He is an accomplished author of thousands of insightful articles, including in-depth analyses of brands and companies. Holding an MBA in Marketing, Hitesh manages several offline ventures, where he applies all the concepts of Marketing that he writes about.

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Comments

  1. George Nyamudandara says

    marketing has evolved a lot . I realise instead of the 4 Ps I understand there are now 7Ps what are the other 3 Ps and their market implications . Ownership in service marketing does it exist , is it really ownership .

  2. William says

    Thanks

  3. Liane Bussmann says

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Marketing Module 14 to 16
Module 14: Service Marketing
  1. Service Marketing Mix
  2. Heterogeneity in Service Marketing
  3. Perishability in Service Marketing
  4. Ownership in Service Marketing
  5. Difference between Goods and Services
  6. Challenges for Marketing Managers
  7. Heterogeneity in Services
  8. Moment of Truth
  9. Perishability
  10. Internal Customer Service
  11. Customer Service
Module 15: Marketing Campaigns
  1. Implement a Marketing Plan
  2. Marketing Campaign
  3. Marketing Budget
  4. Marketing Tools
  5. Marketing ROI
  6. Importance of Feedback
  7. Success of Marketing Plan
  8. Marketing Budget
  9. Promotional Strategies
  10. Marketing Collaterals
  11. Marketing Decision
  12. Seed Funding
Module 16: Consumer Behavior
  1. Buyer’s Journey
  2. Early Adopters
  3. Impulse Buying
  4. Purchase Intention
  5. AIDAS
  6. Adoption Process
  7. Adoption Theory
  8. Emotional Appeal
  9. Forecasting Methods
  10. Differences between Forecasting and Planning
  11. Secondary Data
  12. Secondary Market
  13. Betari Box
  14. Door in the face Technique
  15. Subliminal Perception
  16. Social Exchange Theory
  17. Social Identity Theory
  18. Social Learning Theory

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