Perishability


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Perishability

Services cannot be stored, saved, resold or returned. A bad haircut cannot be returned or resold to another customer. Hence demand forecasting and creative planning to meet the demand is a problem. Further one has to be right the first time or if things go wrong one should have strong recovery strategies to retain the customer goodwill.

Due to these characteristics of services the marketeers face a major challenge in marketing of Services.


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