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Negotiations in the Services Sector

Marc Helmold (), Tracy Dathe () and Florian Hummel

Chapter 11 in Successful Negotiations, 2022, pp 211-222 from Springer

Abstract: Summary The 4 Ps (product, price, place and promotion) are known from conventional marketing theory (Heskett, Sasser, Schlesinger, The Service Profit Chain: How Leading Companies Link Profit and Growth to Loyalty, Satisfaction, and Value, Free Press, New York, 1997). Product is about product and program policy decisions; price is about price policy decisions; place is about distribution policy decisions, and promotion is about communication policy decisions (Meffert, Burmann, Kirchgeorg, Marketing: Grundlagen marktorientierter Unternehmensführung, Gabler, Wiesbaden, 2012). However, the concept of the 4 Ps of marketing cannot be transferred one-to-one to services marketing, as there are special challenges in marketing services that result from the nature of the services.

Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-658-35701-6_11

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DOI: 10.1007/978-3-658-35701-6_11

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