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The IUP Journal of Services Marketing

September' 08
Focus

The current issue deals with varied service settings in India. It contains six research papers which aim at increasing our understanding of customers' perception of service offering and delivery in industries varying from road transportation to life insurance.

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Air Deccan: Challenges of Profitable Growth
Dynamics of Retail Markets
Passenger Satisfaction Towards Karnataka State Road Transport Corporation in Gadag District: An Empirical Study
Antecedents of Customer Relationships in the Telecommunication Sector: An Empirical Study
Customer Preferences in Life Insurance Industry in India
Underpinnings of Customer Satisfaction in Indian Cellular Services: Service Quality, Service Features, Demographics and Cellular Usage Variables
     
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Air Deccan: Challenges of Profitable Growth

-- Rajat Gera

Air Deccan revolutionalized low cost air travel and created the low cost carrier subcategory in Indian aviation through innovations in operations and marketing. However, in spite of gains in market share, the airline is incurring losses which has led to equity injection by Kingfisher airlines and repositioning of the airline from low cost to premium low cost by the new management. The case outlines the challenges in becoming profitable and the internal and external managerial issues related to the same. Even though there was an improvement in the performance improvement indicators, financial and operational achieved by the carrier post acquisition, the issue of sustainable profitability still remains.

Article Price : Rs.50

Dynamics of Retail Markets

-- V Krishna Mohan, P Pinakapani and M S R Sesha Giri

Except the word `change', every object or thing is vulnerable to change. However, only the time span varies from one to the other. The face of retail markets in India too, is no exception. The past decade has witnessed and brought about many changes in the transaction processes, services and formats of retail markets. Retailing, which is the last aspect of distribution of marketing strategy, acting as a bridge between the mass producers and the final consumers, has spread in every nook and corner of the globe. Just a few months ago, while assessing and forecasting the growth of the Indian retail markets on various fronts by various competent agencies, it was understood that currency-wise, market size is speculated to be $180 bn, and employment-wise, 15% of the adults are perhaps the largest contributors to India's GDP.

Article Price : Rs.50

Passenger Satisfaction Towards Karnataka State Road Transport Corporation in Gadag District: An Empirical Study

-- A S Shiralashetti and S S Hugar

Producing goods and services has no meaning without selling them to the ultimate consumers. However, selling of goods and services is not an easy job, particularly during the post-liberalization period. Further, marketing has evolved from the production concept to marketing and societal concept. Therefore, the sellers of goods and services have to give due importance to the pillars of marketing and societal marketing concepts, viz, consumers' stated and unstated needs, consumer satisfaction, profitability and integrated marketing. Since the consumers are the kings in the marketing of goods, services and ideas, the sellers have to identify the stated and unstated needs of the consumers and try delivering the products to satisfy them at higher levels.

Article Price : Rs.50

Antecedents of Customer Relationships in the Telecommunication Sector: An Empirical Study

-- Ramesh Krishnan and Monika Kothari

Relationship marketing is no longer a new catchphrase among organizations. That a firm would want to have a long-term relationship with its customers is to state the obvious; but why should a customer want to have a long-term relationship with a firm, brand, service or product? The prerequisites of a customer to enter a relationship mode is what we term as `antecedents' and this research paper analyzes the antecedents of customer relationships in the telecommunication sector. Mobile services were chosen as a context to study as the industry is witnessing exceptional growth rates and amidst growing competition it would be tough for mobile operators to survive, unless they provide value added services and understand what will lead customers to enter into a long-term relationship with them.

Article Price : Rs.50

Customer Preferences in Life Insurance Industry in India

-- Sunayna Khurana

In today's tough competition, every company in the service sector tries hard to satisfy its customers. In the insurance sector, various new private companies have entered the industry by merging with foreign companies. They regularly offer new services, with the basic plan to attract new customers and to retain the present ones. This paper tries to understand consumer behavior in the insurance sector. The main objective of this paper is to identify customer preferences regarding plans and company, their purpose of buying insurance policies, their satisfaction level and their future plans for the new insurance policy.

Article Price : Rs.50

Underpinnings of Customer Satisfaction in Indian Cellular Services: Service Quality, Service Features, Demographics and Cellular Usage Variables

-- Shirshendu Ganguli

A number of studies have been done in the field of cellular services in different countries, to measure the customer satisfaction in terms of service quality or service features, i.e., how different constructs of service quality or service features drive customer satisfaction. Hardly any research exists that attempts to take into account the difference between satisfied and unsatisfied customers, with respect to service quality or service feature related variables. The importance of such a study is immense, as in the fast growing cellular services market in India, it becomes crucial to know what separates the satisfied customers from the unsatisfied ones.

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Automated Teller Machines (ATMs): The Changing Face of Banking in India

Bank Management
Information and communication technology has changed the way in which banks provide services to its customers. These days the customers are able to perform their routine banking transactions without even entering the bank premises. ATM is one such development in recent years, which provides remote banking services all over the world, including India. This paper analyzes the development of this self-service banking in India based on the secondary data.

The Information and Communication Technology (ICT) is playing a very important role in the progress and advancement in almost all walks of life. The deregulated environment has provided an opportunity to restructure the means and methods of delivery of services in many areas, including the banking sector. The ICT has been a focused issue in the past two decades in Indian banking. In fact, ICTs are enabling the banks to change the way in which they are functioning. Improved customer service has become very important for the very survival and growth of banking sector in the reforms era. The technological advancements, deregulations, and intense competition due to the entry of private sector and foreign banks have altered the face of banking from one of mere intermediation to one of provider of quick, efficient and customer-friendly services. With the introduction and adoption of ICT in the banking sector, the customers are fast moving away from the traditional branch banking system to the convenient and comfort of virtual banking. The most important virtual banking services are phone banking, mobile banking, Internet banking and ATM banking. These electronic channels have enhanced the delivery of banking services accurately and efficiently to the customers. The ATMs are an important part of a bank’s alternative channel to reach the customers, to showcase products and services and to create brand awareness. This is reflected in the increase in the number of ATMs all over the world. ATM is one of the most widely used remote banking services all over the world, including India. This paper analyzes the growth of ATMs of different bank groups in India.
International Scenario

If ATMs are largely available over geographically dispersed areas, the benefit from using an ATM will increase as customers will be able to access their bank accounts from any geographic location. This would imply that the value of an ATM network increases with the number of available ATM locations, and the value of a bank network to a customer will be determined in part by the final network size of the banking system. The statistical information on the growth of branches and ATM network in select countries.

Indian Scenario

The financial services industry in India has witnessed a phenomenal growth, diversification and specialization since the initiation of financial sector reforms in 1991. Greater customer orientation is the only way to retain customer loyalty and withstand competition in the liberalized world. In a market-driven strategy of development, customer preference is of paramount importance in any economy. Gone are the days when customers used to come to the doorsteps of banks. Now the banks are required to chase the customers; only those banks which are customercentric and extremely focused on the needs of their clients can succeed in their business today.

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