Explain the Five P's of Customer Service?

Product- nature of the product and speciality of the product

Price- skimming price etc....

Place- availability of the product--- Niche market or Mass Market

Promotions- buy one get one free,

people- Targeted crowd and the right leads to be used

Thank you for the invitation.

People:

it’s important to staff your business with the right people. If you run a hardware store, for example, you’ll need people knowledgeable in various areas of home improvement in order to run the business effectively.

Process:

is having a method in place to handle any issues that may impede the customer experience, such as how to deal with complaints.

Product:

means having extensive knowledge about what you’re selling. Knowing your product and communicating your enthusiasm for it can help translate into better sales.

Presentation:

involves presenting your product in an appealing fashion. This aspect is often overlooked, but can make all the difference in sales.

Finally, there is Price, which means charging a reasonable price for your businesses’ goods or services. There are more to each of the 5 P’s, but this is a good overview.

I agree with the colleagues's answer that believes and advocate the CUSTOMER FOR LIFE. On this the FIVE "P"s are the pillars built to ensure customer focused.