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Services marketing

Service has been thought as a local-made product or solution, service firms have been considered as local establishment traditionally. However, nowadays, service sector is becoming more internationalize and expanding over nation borders. The tremendous growth of global economy leads to increasing opportunities for service to go aboard. In 1999, the service sector represented 80% of total employment and at least 78% of the gross domestic product of U.S. Note also that these data do not include internal services provided within manufacturing company (such as IBM or Boeing) or services that these manufacturers sell externally. (Zeithaml and Bitner, 2003) According to the World Trade Organization (WTO), the value of global trade in services was estimated at $2 trillion in 2000 which constituted about 25%of global merchandise trade. The value of global trade in services has been growing fast and this trend is expected to continue. The service sector has accounted for the highest portion of total economic activity in Hong Kong, the USA, and France since the early 1990s. In general, the shift towards a service-based economy in key trading countries has been evident since 1970. Only three countries (i.e. China, Korea and Singapore) produc


Electronic marketing as an service entry strategy means that the service firm extends its accessibility through the use of advanced electronic technology (Gronroos, 1990b). The Internet provides firms with a way of communicating its offerings and putting them up for sale, and a way of collecting data about the buying habits and patterns of its customers and using network partners to arrange delivery and payment. The electronic bookstore Amazon.com is a good example of a firm internationalizing its services using electronic marketing. When launching this bookstore concept, it had to take into account the interest in its services that would automatically develop outside national borders.

Some topics in this essay:
EDS Accenture, Erramilli Rao, Sharma Johanson, Korea Singapore, Hoffman Bateson, , Agarwal Ramaswami, Carman Langeard, Organization WTO, Vandermerwe Chadwick, service firms, service firm, foreign market, international marketing, entry mode, foreign markets, international marketing services, entry strategies, marketing services, hard services, indirect entry, service firms manufacturers, choice entry mode, marketing export strategies, literature international marketing,

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Approximate Word count = 3414
Approximate Pages = 14 (250 words per page double spaced)


  

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