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1 Marketing. 2 Why Market? To communicate that you are engaged in new and different activities To attract paying customers in sufficient numbers to support.

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Presentation on theme: "1 Marketing. 2 Why Market? To communicate that you are engaged in new and different activities To attract paying customers in sufficient numbers to support."— Presentation transcript:

1 1 Marketing

2 2 Why Market? To communicate that you are engaged in new and different activities To attract paying customers in sufficient numbers to support the activities

3 3 Kotler’s Definition of Marketing The marketing concept holds that the main task of the company is to determine what a given set of customers’ needs, wants, and values are and to dedicate the organization to delivering the solution.

4 4 Market Segments A group of potential customers with a great deal in common for which a specialized set of goods or services may be provided. Examples: Lawyers Health Care Professionals Accountants

5 5 Successful continuing education organizations must continually communicate two messages: The mission of the organization therefore enhancing their image The individual programs and products currently available

6 6 Image Marketing Should Target:  The general public  Client or potential client organizations  The government  Funding organizations  Other stakeholders  The institution

7 7 Product Marketing Should Target:  Organizations  Individuals Stakeholders

8 8 Communication Channels NewspapersPersonal Selling Direct MailFlyers RadioIndividual Referral TelevisionE-mail TelephoneInternet Posters

9 9 The Four P’s of Marketing Product Place Price Promotion

10 10 Darkenwald identified six factors that motivate individuals to participate in continuing education: Social relationships Social welfare External expectations Personal advancement Escape/stimulation Learning opportunities

11 11 Actual and Perceived Product Quality

12 12 Marketing initially sells the product based on the image of the organization. Future sales depend on the quality of the program.

13 13 Product Mix

14 14 Place Physical Location: Your location (CE’s physical location) Your home Your place of work Other

15 15 Price Price should not be considered as the sole purchasing determinant. Once participants feel they have found the right course, they are not concerned about the price if it is reasonable and falls within an acceptable threshold.

16 16 Marketing Different Categories Print Voice/Pictures Electronic

17 17 Print Brochures Flyers Advertisements Articles

18 18 Voice/Pictures »Radio »Television »Telemarketing »Video Tapes

19 19 Electronic – Web Pages – E-mail – Internet ads

20 20 Each category has advantages and disadvantages:. How tightly can it focus in on the market? How economical is it? How effective is it?

21 21 Brochures Must answer six questions: WhoWhat WhenWhere WhyHow

22 22 WHO Program Sponsors Audience definition Speaker definition Planning and advisory committee

23 23 WHAT Title of Program Overview Schedule of activities Titles of Presentation Description of the content

24 24 When Dates and Times

25 25 Where Location(s)

26 26 Why Program Benefits

27 27 How How the participant becomes involved.

28 28 Flyers Flyers are generally distributed to a general audience and use a variety of inexpensive distribution systems.

29 29 Flyers Posted on windows Left in offices & businesses Mailed to prospective students

30 30 Advertisements Posted on windows Left in offices & businesses Mailed to prospective students

31 31 Advertisements Advertisements are usually expensive, but if carefully targeted, they can be very cost effective.

32 32 Telemarketing

33 33 Web Sites Success depends on the ease of navigation with access to the specific information the student needs. Make the site easy to find. Update your web site in a timely manner.

34 34 The Wall Street Journal stipulates that if there are no changes in one hour, the site is stagnant.

35 35 E-MAIL

36 36 Internet Ads

37 37 Print Media CatalogsBrochures FlyersAdvertisements TelemarketingWeb sites E-mailInternet Ads

38 38 Marketing


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