Lesson 1296 of 1524
Services: The Intangible Product
One of the first concepts is that services are intangible, meaning that they cannot be felt, tasted, heard, or smelled before purchase.
Practice this chapterOne of the first concepts is that services are intangible, meaning that they cannot be felt, tasted, heard, or smelled before purchase. Service goes a long way in building customer satisfaction and loyalty; without returning customers, a business is doomed to struggle and fail
Customer satisfaction is dependent upon many factors, the first one being the communication of what can be expected by the customer and the actual customer experience.
intangible — unable to be seen, tasted, felt, smelled, or heard. services — nonphysical, intangible economic activities. communication gap — in the Gap Model of Service Quality, the variance between what is communicated to the customer and their actual experience. customer satisfaction — a measurement that determines how happy customers are with a company’s products, services, and capabilities.
Worked example
What does “intangible” mean in Services: The Intangible Product?
- 1Use the wording this chapter gives for intangible.
- 2The book says: unable to be seen, tasted, felt, smelled, or heard.
- 3Do not use the meaning of services. That term means nonphysical, intangible economic activities.
Result: unable to be seen, tasted, felt, smelled, or heard
Why. That is the meaning this chapter gives for intangible.
Do not swap intangible and services. intangible means unable to be seen, tasted, felt, smelled, or heard. services means nonphysical, intangible economic activities.
Practice margin
This chapter
A fresh set from this chapter only. Choose 10 or 20. Multiple choice and fill-in, with no repeat inside the set.