IES Management College And Research Centre

Marketing of insurance services in India (Record no. 39701)

MARC details
000 -LEADER
fixed length control field 02196nam a2200181Ia 4500
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 150210s9999 xx 000 0 und d
020 ## - INTERNATIONAL STANDARD BOOK NUMBER
International Standard Book Number 978-81-314-1544-3
082 ## - DEWEY DECIMAL CLASSIFICATION NUMBER
Edition number 332.1/Kri
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Krishna, G Radha (ED)
9 (RLIN) 31436
245 ## - TITLE STATEMENT
Title Marketing of insurance services in India
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Name of publisher, distributor, etc The ICFAI university Press
Place of publication, distribution, etc Hyderabad
Date of publication, distribution, etc 2008
300 ## - PHYSICAL DESCRIPTION
Extent xi, 191
Other physical details Paper
520 ## - SUMMARY, ETC.
Summary, etc Insurance industry is emerging competitive in the Indian context particularly after floodgates of secured monopoly markets are opened up to private players. Marketing insurance services in the Indian context has become a different ball game altogether as various companies are adopting different marketing strategies and there has been a shift from selling orientation to marketing orientation - agents becoming advisors and relative role shift of seller to marketer. This changed scenario has made the industry adopt different marketing strategies. Customizing the products, pricing, channel strategies as direct selling, E channel, company advisors, company agency channels, cross-selling and Bancassurance are becoming contemporary strategic tools for present Indian insurance scenario. The latest competition among different players such as ICICI Prudential, LIC, AVIVA, TATA AIG, MAX NEWYORK etc., has made the insurance industry move towards better service deliverers. The positioning of themselves with a USP, using advertising as a tool to communicate the same and building brands have become an inevitable marketing exercise in Indian insurance industry. This promotion is a fight not only for market share, but also for mind share. The combination of channel and the promotion has become a dominant strategic tool for Indian insurance companies. India's liberalized economy has solicited all private players to serve the Insurance market. Now the challenge and success for the insurance marketer lie in exploring the market with a balancing marketing strategy among consumers, competitors and the IRDA.
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name as entry element India
9 (RLIN) 31437
Topical term or geographic name as entry element Insurance marketing
9 (RLIN) 31438
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Source of classification or shelving scheme Dewey Decimal Classification
Item type Book
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Home library Current library Source of acquisition Cost, normal purchase price Total Checkouts Full call number Barcode Date last seen Price effective from
    Dewey Decimal Classification     Library Annexe Library Annexe Sahajanand Books - Bill No. 409/Dt. 20-01-2015 295.00   368.954/Kri/28640 11128640 01/06/2018 10/02/2015

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