Product Service Management # Deca

What is Product Service Management?

• A marketing function that allows a business to access information about a product or service within there bossiness.

• A marketing function that allows a business to know what product or service that they need to sell at a certain time and place to the right consumer.

• A marketing function that involves obtaining, maintaining, developing, and improving product service mix in response to a market opportunities.

• A marketing function that involves creative thinking, opportunities, and correct product service mix.

The purpose of Product Service Management is....?

• To make a product a service.

• To develop and maintain a product mix in response to economic activities .

• Create a product and a service that is being sold in the right place at the right time.

• To develop a system of different product mixes in response to economic opportunities.

What are the 7 marketing functions?

• Financing, selling, pricing, promotion, information management, distribution, and Product and service management.

• Financing, communication, service, living style, management, selling, and marketing.

• Pricing, living style, promotion, communication, marketing, and management.

• Information management, marketing, distribution, communication, living style, selling, and service.

What is one real world example?

• The color, the size of the words, and style of a Pepsi has changed to the wants of the customers.

• A dog owner over time starts to feed his dog a more health benefiting food.

• A store owner sells a product that is not very liked by customers and he still puts it up on his market for selling.

• A little boy has a little stuff bear that got a rip in it, so he had his mom sow it back up.

What is one business ethic in Product Service Management?

• If a product is not ready put it on the market anyway so you can get money.

• If you don't test products they are still safe for the customers.

• If the company makes a product that don't work they still should sell it for money.

• Not being market ready equals illegal danger.

What does a new product do for Product Service Management?

• It allows them to effectively decide what employee is good and bad when selling a product.

• It helps them learn how to usefully research and analyze good and bad products.

• It helps them know to keep the good and bad product being sold.

• It gives them no opportunities to make more money by getting rid of the old product.

What is one of Product Service Managements generate product ideas?

• Have a connection with the customers so they relate to the company.

• Do not try to know the customers because it can have long lasting effects that won't be good for the company.

• By always forcing products on customers you can make great profit.

• Every time a customers ask for help say I don't know or walk away so there is no problems with communication.

What are 3 types of resources for Product service Management?

• Human, natural, and financing.

• Love, care, and compassion.

• Bad communication , unethical, and mean.

• Loyal, truthful, and knowing of your products.

What does ROI mean in Product Service Management?

• Rule over ideals

• Real on investment

• Return on Investment

• Run on ideas

What does AIDA model mean in Product Service Management?

• Apple, ink, dog, and alien.

• Advance, ideas, deals, and advice.

• Academics, intelligent, darling, and awesome.

• Attention, interest, desire, and action.