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Evaluation of the Development and Marketing of Service Products

Evaluation of the Development and Marketing of Service Products

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Evaluation of the Development and Marketing of Service Products

 

Abstract of Evaluation of the Development and Marketing of Service Products

The evaluation and development and marketing of service products in educational sector is a very interesting topic to research on because it will help both the service industries and government at large to enact policies that will help in boosting the educational level of our community. In trying to make this study a success, the researcher used Imo State University as a case study to validate the findings of this study. The researcher chose this institution because it represents the service industries in Nigeria. The researcher used oral interviews and questionnaires to collect information relative to this study. The researcher made use of primary and secondary data sources; the primary data sources is made up of interviews and questionnaires while the secondary data sources is made up of textbooks, marketing journals, magazine relative to the topic under review and also information gotten from a combined chamber of commerce and industry. In analyzing the data gotten, the researcher used simple table and percentages and in interpreting the hypothesis, Chi-square (X2) was used to validate the hypothesis. The objective of carrying out this study is to let managers know the essence of marketing service products and how best they should package their services products as to must up with the aims

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Chapter One of Evaluation of the Development and Marketing of Service Products

INTRODUCTION

BACKGROUND OF THE STUDY

Marketing of service products can be traced back to the 18” century when Jean Baptise Say rejected Adam Smith’s notion that immaterial products ate not wealth because they were not susceptible of conservation. Jean Baptize argued that activities  have utility and give satisfaction to the consumer, like !the doctors who cures the sick man, are productive and that agriculture, manufacturing and commerce should be traced on an equal basis. The acceptance of services as legitimate activities is reflected in (the current

division of industry by economists into three main groups; primary, secondary and tertiary.                                                This research will focus mainly on the tertiary activities which refers to service and distributive trade.

Foote and Hate further classified service into three as follow

1 Tertiary; These include restaurants and holds, barber and beauty shops, laundry and dry cleaning establishments, home repair and maintenance.

2 Quarter nary: This includes transportation, commerce, communication, France and administration; the salient characteristics being that they facilitate and effectuate  (the division of labor

3 Quandary: This includes health care, education and recreation; the chief aspect of this sector being that services rendered are designed to change and                                                                                                                                      improve the recipient in some way. Prior to the evolution of services, manufacturers of goods relied more or less entirely on the technical qualities of their products. we had a seller’s market, where manufacturers did not have to offer much in the form of services or other auxiliaries to their customers. They did not seek for the differentiate their offerings from those of their competitors in order to maintain market share and survive,

in recent years, massive changes in policy, governance, structure we effect status of education have been taken place. Environmental changes, such as privatization, diversification, decentralization, internationalization and increased competition in education are common. These changes have an effect oh how educational institutions operate nowadays and they are seen as driving forces for the marketing of services products in educational sector.

Marketing of service products is an intangible product, impossible to touch see or feel. The evaluation of the service can be obtained by judging the service content and the service delivery system, fictional sector is one of the most important sector of economy. Many countries are now shifting their economy from manufacturing to services. Researchers and academicians are emphasizing their attention towards Studying services and importance of service offered to    educational sector an important consideration since the recent years. Now institutions air trying to evaluate  the   services  provided  and  comparing  these  service  products  with competitors to determine status of competitive advantage. To be competitive, organizations evaluate quality of service offered to all the stakeholders. To see the service quality offered at the educational sector, service quality model given by Parasunnan et al (1988) is widely ace institutions operate nowadays and they are seen as driving forces for the marketing of services products in educational sector.

Marketing of service products is an intangible product, impossible to, see or feel. The evaluation of the service can be obtained by judging the service content and the service delivery system, fictional sector is one of the most important sector of economy. Many countries are now shifting their economy from manufacturing to services. Researchers and academicians are emphasizing their attention towards educational sector. Studying services and importance of service offered to educational sector is an important consideration since the recent years. Now institutions are trying to evaluate  the   services  provided  and  comparing  these  service  products  with competitors to determine status of competitive advantage. To be competitive Organizations evaluate quality of service offered to all the stakeholders. To see the service quality offered at the educational sector, service quality model given by Parasunnan et al (1988) is widely accept institutions operate nowadays and they are seen as driving forces for ‘he marketing of services products in educational sector.

Marketing of service products is an intangible product, impossible *o (quell, sec or feel. The evaluation of the service can be obtained by judging the service content and the service delivery system Llucational sector is one of the most important sector of economy. Many countries are now shifting their economy from manufacturing to services. Researchers and academicians are emphasizing their attention towards educational sector. Studying services and importance of service offered to educational sector is an important consideration since the recent years. Now institutions ate trying lo evaluating the services provided and comparing these privies products with competitors to determine status of competitive advantage. To be competitive, organizations evaluate quality of service offered lo all the stakeholders. To see the service quality offered at the educational sector, service quality model given by Parasurrnan in (1988) is widely accepted, service quality model is consists of five   dimensions   that  is  tangibles,   reliability,   responsiveness,   assurance empathy. Service is characterized by changing patterns of consumption as well as employment and output. Services are those separately identifiable, essentially intangible activities which provide want satisfaction and that, arc not necessarily tied to the sale of a product ‘ii other service. Marketing of service products is any activity or benefit that one party can offer lo another that is essentially intangible and does not result to ownership transfer of anything. Marketing of service products to educational sector fulfills the benefit junco with the help a set of tangible and intangible companies. where buyer of the service does not get any ownership. He may have tangible physical

dance to show for the service exchange transaction but Me fckial benefit :crude to purely intangible in nature. five   dimensions   that  is  tangibles,   reliability,   responsiveness,   assurance empathy. Service is  characterized by  changing patterns  of consumption  ns  well  as employment and output. Services are those separately identifiable, essentially intangible activities which provide want satisfaction and that, arc not necessarily tied to the sale of a product

‘ii other service.

Marketing of service products is any activity or benefit that one party can offer lo another that is essentially intangible and does not result to ownership transfer of

Anything. Marketing of service products to educational sector fulfills the benefit

with the help a set of tangible and intangible companies . who buyer of the service does not get any ownership. He may have tangible physical

dance to show for the service exchange transaction but Me fckial benefit »:crude to purely intangible in nature. marketing of service products to educational sectors is characterized by the following:

Intangible: marketing of service product is intangible in the sense that it is possible to taste, feel, see, hear or smell services. Inseparability: this implies that services cannot be separated from the provider.

Heterogeneity:  services cannot be standardized even though standard may be used.

Perish ability: products rendered in an educational sector cannot be stored, this research work shows how the marketing of service products influences the quality of the education in the educational sector using Imo State University as a ;a>e study. This work also reveals how the marketing mix is applied ip educational

services of our higher institutions of learning.

 HISTORICAL BACKGROUND OF THE CASE STUDY

Imo State University (IMSU) in Owerri, Imo State of Nigeria was established in 1981 through Law No. 4 passed by the Imo State House of Assembly. The university admitted the first intake of 392 pioneer students on October 23, 1981. After the creation of Abia State in 1991, the Ulnru Campus of who university became the Abia State University. Imo State University is a fully functional university. Most of the programmers of the university have obtained foil accreditation from National Universities Commission of Niger. The jcsuH of the 1999/2000 accreditation exercise of National Universities Commission confirmed that high rate and acceptance of the university by the Nigerian public. The university was ranked Ist among all state universities it) Nigeria and the 10th overall among both state and federal universities. The university scooted 100% in 2006 and 2007 accreditation visit, with all programme visited getting accreditation.