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INTRODUCTION
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An organization's strategy that combines all of its marketing goals into one
comprehensive plan. A good marketing strategy should be drawn from market
research and focus on the right product mix in order to achieve the maximum
profit potential and sustain the business. The marketing strategy is the
foundation of a marketing plan.
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INTRODUCTION TO PROJECT
Education in India
Education in India is provided by the public sector as well as the private sector,
with control and funding coming from three levels: central, state, and local.
Education in India falls under the control of both the Union Government and
the State Governments, with some responsibilities lying with the Union and the
states having autonomy for others.
Indias education system is divided into different levels such as pre-primary
level, primary level, elementary education, secondary education, undergraduate
level and postgraduate level
India has made progress in terms of increasing the primary education attendance
rate
and
expanding literacy to
approximately
three
quarters
of
the
population. India's improved education system is often cited as one of the main
contributors to the economic rise of India. Much of the progress, especially in
higher education and scientific research, has been credited to various public
institutions. The private education market in India was 5% and in terms of value
was estimated to be worth US$40 billion in 2008 but had increased to US$68
70 billion by 2012.
As per the latest (2013) report issued by the All India Council of Technical
Education (AICTE), there are more than 3524 diploma and post-diploma
offering institutions in the country with an annual intake capacity of over 1.2
million. As per the latest (2013) report issued by the All India Council of
Technical Education (AICTE), there are more than 3524 diploma and postdiploma offering institutions in the country with an annual intake capacity of
over 1.2 million.
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Capacity for Management Education crossed 385000, and post graduate degree
slots in Computer Science crossed 100,000. Pharmacy slots reached over
121,000.
Total annual intake capacity for technical diplomas and degrees exceeded 3.4
million in 2012.
According to the University Grants Commission (UGC) total enrollment in
Science, Medicine, Agriculture and Engineering crossed 6.5 million in 2010.
of
is
a master's
Distance learning MBA programs hold class off-campus. These programs can
be offered in a number of different formats: correspondence courses by postal
mail or email, non-interactive broadcast video, pre-recorded video, live
teleconference or videoconference, offline or online computer courses. Many
schools offer these programs.
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Education as a Product
When it comes to educational offers, Kotler firstly refers to curricula and
services. Offering services involves special challenges because most services
are intangible, inseparable, variable, and perishable. Most services do not exist
until the service provider performs the service, usually in the presence of the
customer. The limitations of services vis--vis products also comprise the
strengths of services. The professor can expect responses from students their
puzzled looks during a lecture or their vague answers on a quiz and modify
the course content and explanations. The majority of services represent
combinations
of
tangible
and
intangible
elements
(they
are
not
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personal opinion and behavior influence the perception of a service user. Those,
who provide service or persons in personal contact with future service users, are
highly important, considering that direct contact is dominant because the one,
who delivers the service, creates the service. Research has shown that
contribution of these agents can be the key in a success of a service institution.
Staff
Internal marketing refers to management of necessary actions, in order to
provide understanding of all organization members and in order for their roles
to be accepted in implementation of marketing strategies. This means that
everyone in vertical hierarchy from rectors, deans to lower qualified staff, have
to be aware of the significance of the role they perform, as well as of their
contribution to marketing strategy implementation. All employees have to
recognize intentions and requests of the students, as well as specific nature of
services, shaped with marketing concept. Staff motivation is improved with
training and education. To maintain and develop effective, friendly and
informative internal channel communication and interaction among employees
and departments, it is necessary to have open communication through the
institutions. Communication is also important in development of internal
relations in the institution. Even the best intentions are useless if they are not
communicated in a proper way
Students
Process of selecting a faculty is a key decision in the life of every individual and
requires information on alternatives, as well as on how those alternatives are
ranked in relation to concrete situations.
Many decisions about educational choice (and about making significant
donations) are high involvement decisions. High personal involvement usually
is present when one or more of the following conditions exist:
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1. The consumers decision will reflect upon his or her self-image and could
have long-term consequences.
2. The cost to carry out the decision involves major personal or economic
sacrifices.
3. The personal and social risks of making a wrong decision are perceived
as high.
4. There is considerable reference-group pressure to make a particular
choice or to act in a particular way, and the target consumer is strongly
motivated to meet the expectations of these reference groups
Teaching Process
Observing a service process, education falls into a category, which comprehends
treatment of mental stimuli that refer to intangible actions oriented towards
conscience of people. In this process, a student needs to be mentally present, but
can be located either at the very location where the service is created
(classroom) or at a distant location connected over telecommunication
networks. Considering the characteristics of a service process, managers must
have a clear insight in the benefits of educational services, understand the
students, and formulate channel distribution strategies and shape service
providing system (using information technologies). Educational services are
personal and characterized by intensive, intellectual, emotional and/or physical
participation of students in a service process. Services are often realized in a
number of steps, which, basically, constitute the very service process.
Production and consumption of education- al services take place simultaneously
and students participation in it is rather important. They evaluate service
quality, hence the shaping of the service process detailed planning on how to
provide a service is vital to maintain (improve) educational service quality.
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OBJECTIVE OF STUDY
To Study the Marketing Strategies for Higher Education
To study the issues and challenges of institution who provide higher
education
To ascertain the effectiveness of advertisement done by various colleges.
To study various strategies adopt by colleges/ institution for attracting
students.
To identify the benefits of promotion activities done by institution /
colleges.
To study the factors influencing the students to take admission in
colleges.
To attract consumer (students) by making full use of the skills.
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HYPOTHESIS OF STUDY
LIMITATION OF STUDY
In undertaking this study, a number of problems were faced. Thus the study has
several limitations. The limitations are
a) Lack of knowledge:
As a student, in the research field, I have no past practical experience of data
collection, data processing, data analyzing, integrating and presenting. So it is a
limiting factor for obtain accurate information.
b) Lack of time
For the time limitation I could not gather more information to justify exact
condition. The time constraints are limiting factors.
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D) Customers willingness
Most of the customer of the banks businessman and employee. So, they could
not give me enough time to fill up questionnaire. Also they are not willing or
afraid to provide appropriate data.
CHAPTER 2
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REVIEW OF LITERATURE
REVIEW OF LITERATURE
themselves
or
by
cooperating
with
the
service
personnel.
People as part of the service product. Given the fact that different service
personnel mat deliver the service to customers, it is difficult to achieve
uniformity in service delivery.
Importance of time. Customers have to be physically present to receive
services
.
Services are perishable and cannot be stored like physical product.
As a service, higher education marketing is sufficiently different from the
marketing of products and it needs different marketing mix. Kotler and Fox
(1995) have developed a version of a marketing mix which is designed
specifically for education institutions, and which seems to address the
limitations set by marketing mix for products. The marketing mix developed by
Kotler and Fox (1995) can be explained as follow:
Program
The first element in marketing mixis program. Program is the most basic
decision that higher education institutions have to make. Developing program
that satisfies consumers wants and needs are critical marketing activity for
education institutions (Hoyer and McInnis, 2001). In higher education there are
three main activities as service offered: teaching, research and community
service. Higher education should evaluate its academic program and service
product mix periodically, and particularly when considering modifications.
Quality of higher education institutions services becomes important as a trigger
for customer satisfaction. But, every stakeholder in higher education has a
particular view of quality, dependent on their specific needs.
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Pricing
Price is the amount of money (or some other item that is exchanged or bartered)
that the buyer exchanges for a service provided by the seller (Lamb etal,
2004).In higher education, price usually is related to tuition fees offered, and
any monetary related issues. Pricing has major their parents are concerned about
the financial implication of attending university. According to Kotler and
Fox(1995) price for students, consists of a monetary cost as well as other cost,
for example effort cost, psychological cost and time cost.
Place
The third element of marketing mix in higher education is place or distribution.
Kotler (2008) define distribution as ... In higher education place refers to the
availability of education/program to potential students in the most convenient
and accessible way. A typical delivery mode for education services is for the
institution to present courses at one location, with students gathering for
classroom instruction (Kotler& Fox, 1995). But the element place is not
restricted to geographic location as the information technology development
provides alternatives in delivery the education service. Higher education
institution may use distance learning and new technology in serving their
students to enhance their competitive advantage.
Promotion
Education institution needs to communicate its services to the target market
through promotional strategy. Lamb set al(2004) argued that promotional
strategy is a plan for optimal use of the elements of promotion, namely
advertising, sales promotion, publicity and personal selling. The promotion
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elements that can be used by higher education institution are determined by the
students markets expectation and requirements of the service and other
elements of institution marketing decisions. Promotion can very well have the
central role in the marketing to higher education. Higher education institution
can use pull strategy and push strategy in promoting its services (Soedijati,
2006).The combination of promotional mix of higher education consists of
direct marketing, sales promotion, advertising, internet and sponsorships (Rudd
& Mills, 2008).The most critical matter for higher education institution in
developing promotion strategy is to understand the students as their primary
consumers.
People
The people element of the higher educational marketing mix refers to the
employees in the university. Thus, people refers to all the teaching and
administrative staff through which the service is delivered and customer relation
built (Kotler and Fox, 1995).The importance of people ensue from the fact that
the staff are the most crucial factors for successful service delivery. People also
include institutions current and former students. This is because prospective
students tend to ask about, and check with current and former students on their
views. Lovelock & Wright (2004) suggested that direct involvement in service
marketing means that customers evaluate the quality of employees appearance
and social skills as well as technical skills and consequently this is reflected on
the way of offer is judged. The personal appearance, attitudes and behavior
influence customers perception of the service (Du Plesiss&Rouseau, 20
students first impression of a higher education institution is often based on
his/her interaction with the people of the institution.
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Process
Processes refers to the way an institution does business and this relates to the
whole administrative system to this element (Kotler,2008).Procedures,
mechanism and the flow of activities by which service are consumed are the
essential elements of the marketing mix (Palmer, 2005).Higher education
institutions need to ensure that students understand the process of acquiring a
service. Process in higher education refer to the things happen in an institution,
such as the process of management, enrolment, teaching, learning, social and
even sport activities.
Physical Facilities and Evidence
Physical facilities or evidence refer to all of the physical, tangible items an
institution makes available to customers ranging from brochures to the
infrastructure. Physical evidence is very important because the intangible nature
of the service offered by higher education institution. The environment in which
the service isdelivered, both tangible and intangible help to communicate,
perform and relay the customer satisfaction to the potential customer (Ivy
&Fattal, 2010).Kotler et al (2008) suggest that physical evidence would give the
first impression about the university and usually they see the building and
facilities. Further Gibss and Knapp (2002) add that the condition of the physical
location contribute greatly on the image of the institution. For example:
technologies used, cleanliness of rooms, library, etc.
Student Choice
Student choice is a part of consumer behavior that is how individuals or group
select buy and use goods or services (Kotler& Fox, 1995). There are five steps
in students choice of selecting a college: there are needs and motives,
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CHAPTER 3
ABOUT COMPANY
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Overview
Keeping in mind the growing need of management education the A.C. Patil
College of Engineering and Management Studies introduced the Master in
Management Studies (MMS) program in the year 2007.
Mission
Inspired by Saraswati, the goddess of knowledge, our symbol signifies on
evolution of the quest for knowledge. An elevation of ideas and ideals that
propel the seekers of knowledge and practice of management to great height
with an Indian perspective. This belief drives our mission, wherein we envisage
the creation of a unique world and to provide quality and excellence in
management studies to make our students globally competitive. A world where
young minds, future leaders and doers-together create a better tomorrow.
Description
The Annasaheb Chudaman Patil college of Engineering (ACPCE), established
in 1992, is a professionally managed premier institute dedicated to the cause of
technical education. In year 2007, the ACPCE crossed one more milestone with
establishment of Master in Management Studies (MMS), two year full time
management course of university of Mumbai. Since its inception, it has worked
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Department
Professor
Electronics and
01
05
20+4
Electronics Engg
01
02
09
Computer Engg
01
03
13
Information Technology
01
01
10
Electrical Engg
01
02
12+4
Instrumentation Engg
00
02
10
Basic Sciences
00
03
29
05
18
111
MBA (MMS)
01
00
07
MCA
00
01
11
01
02
17
07
20
127
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Courses offered
The courses offered at A.C. Patil College of Engineering, Management Studies
and Research are approved byAll India Council for Technical Education, New
Delhi, Directorate of Technical EducationMaharashtra state & Affiliated
toUniversity of Mumbai.
Course Name:
Computer Engineering
Electronic Engineering
Electrical Engineering
Electronics and Telecommunication Engineering
Information Technology
Instrumentation Engineering
Master in Management Studies (MMS)
Master of Computer Application (MCA)
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CHAPTER 4
RESEARCH METHDOLOGY
A systematic study carried out in order to add available knowledge using
scientific procedure which is communicable & it is known to all concern for
critical review of further verification.
Research methodology is a way to systematically solve the research problem. It
may be understood as a science of studying how research is done scientifically.
Method of data collection
Secondary data:
The information available on the internet has been other major source. Online
articles, blogs and reports have been particularly made use of.
Observation method:
The observation method is the most commonly used method specially in studies
relating to behavioural sciences. In a way we all observe things around us, but
this sort of observation is not scientific observation. Observation becomes a
scientific tool and the method of data collection for the researcher, when it
serves a formulated research purpose, is systematically planned and recorded
and is subjected to checks and controls on validity and reliability.
Advantages:
Subjective bias is eliminated
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