IN MANY DEVELOPING NATIONS THE THOUGHT OF MARKETING UNIVERSITIES OR HIGHER LEARNING INSTITUTIONS HAS NOT BEEN EXPLOITED BECAUSE OF THE DEMAND THAT WAS THERE, BUT NOW WE HAVE INTERNATIONAL INSTITUTIONS WHO ARE TAPPING FROM THE MARKET HENCE CREATING A COMPETITION THAT IF NOT MONITORED WILL DESTROY MOST IF NOT ALL THE CURRENT MARKET.
THIS PRESENTATION SERVES TO INTRODUCE A NECESSARY TOPIC THAT SHOULD BE CONSIDERED BY ALL HIGHER LEARNING INSTITUTIONS IN ALL DEVELOPING NATIONS.
DEVELOPED NATIONS MAY LEARN A THING OR TWO FROM THIS PRESENTATION AS WELL.
3. MARKETING EDUCATIONAL SERVICES
Kondwani B J Manda
Introduction
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The mission of HEIs has not changed.
Societies expects HEI to generate new
knowledge, train the next generation of
scholars, and prepare students for
gainful employment.
But the context in which HEIs operate has
shifted noticeably.
In this context, HEIs are reaching out more
directly to both local and international
students
Hence some form of communication about
the unique benefits of studying at a
particular HEI is becoming increasingly
important.
4. MARKETING EDUCATIONAL SERVICES
Kondwani B J Manda
Introduction
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HIGHER EDUCATION INSTITUTIONS COME FACE TO FACE
WITH ISSUES LIKE-:
A. PRODUCT DIFFERENTIATION, i.e. How is Poly
BA. Com. different from C U BA. Com.?
B. PRODUCT EXTENSION, i. e Certificate –
Diploma- Degree - Masters
C. DIVERSIFICATION, i. e Computer Science ,
Business Management, Theology,
A. SERVICE INTERGRATION, i. e Link to
prospective employees
5. MARKETING EDUCATIONAL SERVICES
Kondwani B J Manda
Marketing in
Context
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1. Institutional Growth : - through
strategic Partnerships i.e. CIM,
ACCA, BAM etc
2. Link between University and
International Global Markets i.e.
Global Recruitment Seminars
6. MARKETING EDUCATIONAL SERVICES
Kondwani B J Manda
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3. Brand awareness-relationship
between University and its
Product/Services
4. Competition- more Universities
7. MARKETING EDUCATIONAL SERVICES
Kondwani B J Manda
Top Line Story
Better understanding of the Context
i.e. customers, competitors
customer acquisition-prospective
students
8. MARKETING EDUCATIONAL SERVICES
Kondwani B J Manda
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1. What business are we in?
2. Who are our customers and what
Benefits do they seek
MARKETING HOW? ‘MARKETING STRATEGY’
Before deciding on the marketing mix,
Higher Education institutions should
answer certain basic questions-:
9. MARKETING EDUCATIONAL SERVICES
Kondwani B J Manda
Top Line Story
1. What is our entry strategy
2. How can we build or defend our
competitive advantage
3. What and How should we offer a
new service that help or
strengthen the competitive
position
MARKETING HOW? ‘MARKETING STRATEGY’
STRATEGISING:-
10. MARKETING EDUCATIONAL SERVICES
Kondwani B J Manda
Top Line Story
MARKETING HOW? ‘MARKETING STRATEGY’
Marketing
Mix
Product Price Place Promotion
Physical
Evidence
Process People
11. MARKETING EDUCATIONAL SERVICES
Kondwani B J Manda
Top Line Story
MARKETING HOW? ‘MARKETING STRATEGY’
Marketing
Mix
Adult
Education
Elementary
Education
Secondary
Education
Vacation
Education
Higher
Education
12. MARKETING EDUCATIONAL SERVICES
Kondwani B J Manda
Top Line Story
MARKETING HOW? ‘MARKETING MIX’
A. PRODUCT
This includes -:
Range
Quality level
Brand Name
Post transaction services
13. MARKETING EDUCATIONAL SERVICES
Kondwani B J Manda
Top Line Story
MARKETING HOW? ‘MARKETING MIX’
B. PRICE
Level
Discounts or Scholarships
Allowances
Commissions
Payment terms
Consumers Perceived Value
Quality/Price Relationship
14. MARKETING EDUCATIONAL SERVICES
Kondwani B J Manda
Top Line Story
MARKETING HOW? ‘MARKETING MIX’
C. PLACE
This includes:-
Location
Accessibility
Distribution Channels
Distribution Coverage
15. MARKETING EDUCATIONAL SERVICES
Kondwani B J Manda
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MARKETING HOW? ‘MARKETING MIX’
D. PROMOTION
This Includes:-
Advertising
Personal selling
Sales Promotion
Publicity
Public Relations
16. MARKETING EDUCATIONAL SERVICES
Kondwani B J Manda
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MARKETING HOW? ‘MARKETING MIX’
E. PEOPLE
This Includes:-
oPersonnel
oCommitment
oTraining
oIncentives
oAttitudes
oDegree of Involvement
oCustomer contact
17. MARKETING EDUCATIONAL SERVICES
Kondwani B J Manda
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MARKETING HOW? ‘MARKETING MIX’
F. PHYSICAL EVIDENCE
This Includes:-
Environment
Furnishings
Layout
Noise Levels
Facilitating goods
18. MARKETING EDUCATIONAL SERVICES
Kondwani B J Manda
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MARKETING HOW? ‘MARKETING MIX’
F. PROCESS
This Includes:-
Policies
Procedures
Mechanism
Employee discretion
Customer Involvement
Flow of Activities
19. MARKETING EDUCATIONAL SERVICES
Kondwani B J Manda
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MARKETING WHAT? ‘CURRENT TRENDS’
THE RDAS APPROACH
R-relating
D-discovering
A-advocating
S-supporting
20. MARKETING EDUCATIONAL SERVICES
Kondwani B J Manda
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MARKETING WHAT? ‘CURRENT TRENDS’
NOTE: Notion of concept selling is applied to the marketing of
products and services.
The four RDAS are further divided into twelve sequential and
interdependent tasks:-
21. MARKETING EDUCATIONAL SERVICES
Kondwani B J Manda
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MARKETING WHAT? ‘CURRENT TRENDS’
Client Identification
Fact Finding
Planning
Establishing Credibility
22. MARKETING EDUCATIONAL SERVICES
Kondwani B J Manda
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Targeted Research
Focused Planning
Problem Analysis and Agreement
Planning the Presentation
MARKETING WHAT? ‘CURRENT TRENDS’
23. MARKETING EDUCATIONAL SERVICES
Kondwani B J Manda
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MARKETING WHAT? ‘CURRENT TRENDS’
Presenting
Facilitating The Decision
Achieving Closure
Rediscovering
24. MARKETING EDUCATIONAL SERVICES
Kondwani B J Manda
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WHY RDAS APPROACH? ‘CURRENT TRENDS’
Provides a template against which
practitioners may :-
Assess their current activities
Serve as a basis for establishing a new genre
of management and cost accounting systems
that can be applied in marketing educational
products and services.
25. MARKETING EDUCATIONAL SERVICES
Kondwani B J Manda
Top Line Story
These include-:
Reputation of the institute
Number of applicants keen to enrol
on the course
Past success rate of placement
Faculty expertise
Width of specialization offered
Infrastructure facilities
Fees
SOME CRITERIA THAT STUDENTS USE TO APPLY