higher education marketing approach
TRANSCRIPT
8/7/2019 Higher education Marketing Approach
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Does your Program stand out?
What Every Program Director
Need to know about Marketing
8/7/2019 Higher education Marketing Approach
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The Big Picture
Adult Learners
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Mass
Prospect Inquiry DecisionApplicant Confirmed Enrolled
Mass
Personal
Consumer Decision Pr ocess
The Recruitment Funnel
Problem
Recognition Information Search
Alternative
Evaluation Purchase
Decision Post purchase
Behavior
THE BIG QUESTION: HOW TO DO YOU GET YOUR AUDIENCE ATTENTION?
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Funnel stage definitions
� Pr ospect - A student is identified by
the school and contacted, but he or
she has not responded. A purchased
name.� Inquiry - the student has contacted
the school thr ough some source
(phone, e-mail, inquiry card, high
school visit, etc.).� Applicant - the student has
submitted an application f or
admission.
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Funnel stage definitions
� Decision - The student has been
admitted or denied
� Confirmed/deposit - The student
makes some f orm of commitment to enr oll at the
school. Could be enr ollment
thr ough a tuition deposit.� Enr olled - The student has
matriculated.
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Confirmed
Inquiry
Enrolled
Stage
Decision
Applicant
Funnel Rates
Prospect
Under standing the Recruitment Funnel
Response Rate
Conversion Rate
Acceptance Rate
Yield RateCapture Rate
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THE SERVICE
Because of its intangibility, a graduate program doesn't exist and cannot be experienced until it is delivered
The M rket
Fr t f th h s
Back of the ho e
After Service
Classrooms
Comp
ter abs
All Admiistrative staff
S
pportig staff
Buildig Appearence
Alumni initiatives
RECRUITING EFFORTS RETENTION EFFORTS
PRE-ATTENDING ATTENDING POST-ATTENDING
How do students measure quality then?Tangibles is one way
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THE SERVICE: Tangibles & Intangibles
Beliefs &
Core
Values
Functional
Benefits
Features &Functional
Attributes
The emotional
beliefs and values
that students feel
NEED TO BE
ADDRESSED
Easy to deliver and
explain to consumers
but also easy to imitate
Intangibles= Emotional
BenefitsWhat the Program Does:
�Knowledge Creation
�Convenience
�Prestige
�Spiritual Development
�Personal Growth in a
values-based environment
Tangibles = Attributes
Processes-What the
Program is:
�Curriculum
�Advisors
�Awards
�Number of credits
�Buildings
�Computer labs
�Etc..
�Price
The story and description of your program should come from this exercise
Our Promise
Program¶s Personality,Character and tone of
voice
Emotional Benefits
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Core
Product
Actual Product
Augmented
Product
A Pr oduct in Three Levels:
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The Real Product
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Segmenting the Market
Segmentation: A selection process that
divides the broad market into manageable
groups with common characteristics.
A e-gender -ge gra hic l cati n-inc e-
s ending atterns-cultural bac gr und-
de gra hics-marital status-educati n-
language etc.
Als , syc gra hically-life style and
benefits s ught.
Efficiency Effectiveness
MASS MARKET
Innovators Thinkers Achievers Experiencers Believers Strivers Makers Survivors
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creates an identity in the minds of a target market
A Positioning Statement is a one to two
sentence statement that conveys what your
program do for whom, to uniquely solve an
urgent need.*Takes time to develop.
Usefulness: It is a useful exercise because
it requires you to identify, then articulate in
a concise and brief statement your
program¶s distinct value to your potentialstudents in relation to your competitors.
Market Positioning
These are the choices you make to capture a strategic advantage in your market
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A description of thecustomer pr oblem, the
pr oduct that addresses
the pr oblem, and the
value of the pr oduct fr omthe customer's
per spective.
Value Proposition
This is the statement we use to tell our potential students the powerful reasons of why they should choose your
program!
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� Adult Lear ner s are seeking alear ning opportunity to fill the
´gapµ, ´voidµ ´absence of
somethingµ which is unique to
each individual according to per sonal characteristics and
cultural backgr ound.
Source: Adolfo Rudy Cardona
THE BIG NEED OF ADULT LEARNERS
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Wh t s r t r t rk t l
Wh t r th str thsf th r t r r
th t k it i
What ar e other gr aduate progr ams NOT doing?
������������������
THEVOI
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�Keep up with your marketing efforts
� Clearly understand the Big Picture
� Describe your program attributes and benefits like you are one of a kind.
� Make a list of attributes that are relevant and of value to the
prospect in need of filling the ³void´.� Go beyond characteristics.
� State the benefits of your program in terms of how the your program fills the gap. What it does for the prospect!
� Know your market positioning
� Develop a compelling Value Proposition. Consistency� Market Analysis. Stay alert!
� Do your homework. Refer to the worksheets .
Our goal should be:
³Differently Valuable´
HOW CAN MY PROGRAM FILL THE ³VOID´ ?
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WHERE TO FIND THEM
� Associations
� Churches
� Community
� Colleges
� Co-Op
Extension
� Museums &
Gardens
� Hospitals &
Healthcare� Individuals
� Private
Businesses
� Libraries
� Military
�Technical
Institutions
�Parks &Recreation
�Public Schools
�Other
univer sities
�Private
Colleges
�Community
Center s
�YMCA
�Colleges &
Schools
�Within our own
univer sity
Adult
Lear ner s
Market
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But, who is my pr ogram·s
target market?
Minnes ta
Adult Learner er ed
Mar et
Arts &CulturalMgmt
Master of Sciencein Nurse Anest esia
MI
MBA
Master f
Arts
in
Management
Master f cience
in Nurse Anesthesia
Your
Program¶s
target Market
is e/s e
w o as t e
need or want
for t e
unique
offerings of eac
program
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THANK YOU!THANK YOU!