The Marketing of Services MK 311 J. E. Cairnes School of Business & Economics The Marketing of Services MK 311 - Course Outline - Objective Despite economic recession, Ireland remains a service economy. The significance of services has been highlighted with the negative impact of sectors such as construction and banking on global economies. This course outlines the unique features of services and examines how services marketing differ from product marketing. Service encounter frameworks are explored, and the elements of the marketing mix are examined from a services perspective. Name Lecturer(s) Times Office Ext Mr. Mark McCole E-mail marketing@nuigalway.ie Day Time Venue Lecture Tuesday 3-4pm UC 102, Aras Ui Cathail Lecture Wednesday 4-5pm UC 102, Aras Ui Cathail Knowledge Based Outcomes: Overall Learning Outcomes On completion of this course, you should understand: The nature of services and their distinguishing characteristics The criticality of the service encounter and service failure The traditional and contemporary options for service delivery The behaviour of service consumers & customer relationships The role of the service employee in service delivery The importance of service quality, and methods used to measure quality The role of pricing, planning and communications in service marketing strategy Skills Based Outcomes; You will have developed the ability to: Critically evaluate theoretical concepts and paradigms Apply concepts of theatre and drama to service delivery Search for academic literature in the James Hardiman Library and online Interact with online media for course material and assessments Manage time schedules and meet deadlines. Discuss issues in a group. Format Programme(s) This course comprises two one-hour lectures per week across 12 weeks. 3BC (B. Comm), OA (Visiting), EM (Erasmus) M. McCole | The Marketing of Services | MK311 Page 1 of 4 The Marketing of Services MK 311 The final grade will be calculated as follows: Continuous Assessment 30% Written Examination 70% Continuous Assessment: 30% Details of continuous assessment will be provided in class. Written Examination: 70% All candidates are required to complete a written examination. The exam will be two hours in duration and candidates will be required to answer three questions. All questions will carry equal marks. Candidates must pass the written examination to be awarded marks for assignments/class participation. Assessment Note: A minimum of 35% is required in the final written examination before marks for continuous assessment can be included in the determination of the overall mark for the subject. Credit weighting: 5 ECT Lecture hours: 22 Assignment work and independent study: 101 Examination: 2 Total Student Effort: 125 Hours Required Reading: Palmer, Adrian (2011) Principles of Services Marketing (6th edition), London: McGraw-Hill. Workload Course Readings Reading Schedule: Students are expected to read all course material assigned in advance of class. Date Discussion / Readings Part 1: Introduction September 6 & 7 Ch 1 Course Introduction - What is services marketing? Part 1 Outcomes: You will understand… What is meant by the term services? The distinguishing characteristics of services Differences between the marketing of goods and services The extended marketing mix for services Part 2: Service Encounters and Services and the Internet Sept 13 & 14 Ch 2 The service encounter Sept 20 & 21 Ch 3 Service effectiveness and efficiency in the Internet age Ch 4 Making services available to consumers M. McCole | The Marketing of Services | MK311 Page 2 of 4 The Marketing of Services MK 311 Part 2 Outcomes: You will understand … Issues and problems arising from producing ‘live’ services The nature of the producer-consumer encounter Conceptual frameworks for analysing the service encounter The role of other customers in the service encounter Services failure and service recovery Conceptual difficulties in measuring productivity for inseparable services The role of the internet in service delivery Accessibility as a feature of service delivery The role of intermediaries in the co-production of services Part 3: Understanding Consumers and Developing New Services Sept 27 & 28 Ch 5 Understanding services buyer behaviour Ch 6 Relationships, partnerships and networks Oct 4 & 5 Ch 7 Innovation and new service development Ch 8 Developing Service brands Part 3 Outcomes: You will understand … Processes by which consumers initiate, carry out, and conclude the consumption of a service The effects of intangibility on the perceptions of risk in the buying process Decision-making units and their effects on services buying Bases for segmenting consumer markets Reasons for the development of buyer-seller relationships Methods used by companies for developing relationships Limitations to the development of relationship marketing Life cycles of services, from launch to growth, to eventual maturity and decline Services branding strategy Part 4: Services Marketing Strategy Oct 11 & 12 Ch 9 Service quality Oct 18 & 19 Ch 10 Engaging employees in service delivery Oct 25 & 26 Ch 11 The pricing of services Ch 12 Yield management: matching capacity with demand Nov 1 & 2 Ch 13 Managing communications M. McCole | The Marketing of Services | MK311 Page 3 of 4 The Marketing of Services MK 311 Part 4 Outcomes: You will understand… Major paradigms for the study of service quality Methods used to set standards for service quality Tools for researching consumers’ expectations of service quality The contribution of employee performance to service quality Internal marketing as an integration of marketing and HRM practices Key issues in the recruitment, motivation, training and control of service staff Pricing strategies and tactics used in service firms Price bundling and pricing constraints in services The nature of variable customer demand Yield management techniques which allow maximum returns when demand is variable The need for service companies to build and maintain their reputation through communication The extended promotional mix for services The importance of front line employees and word-of-mouth in promoting services Part 5: Gong Global Nov 8 & 9 Ch 14 Globalized services marketing Nov 15 & 16 TBC Nov 22 & 23 Course Review Part 5 Outcomes: You will understand … The nature of international trade in services and the reasons for its development Methods used by service firms to assess the attractiveness of overseas development The development of marketing plans that are sympathetic to local market needs Market entry strategies, including the need to balance risk and control Course Material A course web is available at http://blackboard.nuigalway.ie M. 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