Consumers against a Product or Services What you do to a Product. What you do to the mind of the Prospect
Identify the Competitors Determine how the Competitors are Perceived and Evaluated Determine the Competitors Position Analyze the Customers Select the Position Monitor the Position
By Attributes, Features or Customer Benefits By Price Value By Use of Application By Users or Class or Users With Respect to Product Class Against Competition By Endorsement By Quality Dimensions By Service Evidence By People, Physical Evidence, Process By Availability By Comparison Tangibles Reliability Responsiveness Assurance Empathy Best Cost Provider Strategy Based on Low Cost Based on Differentiation
Service Place or Service Distribution Distribution of Services differs from Tangible Goods Objective of Delivery Service --- Right Time, Right Place, Accessible to Consumers with ease and convenience. Inseparability of Production and Consumption Difficulty in Balancing Demand and Supply Lack of Standardization of Services Recovery Services Elements of Service Delivery System