Need for Branding Higher Education
You would agree that the self financing universities & technical education institutes, both private & public, in India are going through consolidation phase post a rapid mushroom growth. Due to slowdown of economy, intense competition & regulatory bottlenecks many higher education players are facing serious challenges. Continuous decline in student intake numbers & rising costs require immediate solutions for the long term survival of this critical sector of economy.
Though corporatization of education in India has yet not been allowed but many major education brands are using commercial marketing principles, concepts & tools to attract students & other stake holders to them. But most institutes are unable to benefit from strategic marketing due to absence of a full time marketing director to take care of this critical function. The regulatory bodies of higher & professional education, UGC, AICTE, MCI etc, not only discourage use of marketing but also don’t make it mandatory for all self financing institutes to employ a professional marketing manager on the campus. How can an education enterprise succeed without proper marketing in the times when religion to politics use marketing to further their cause?
Every self financing education enterprise must either have an in-house marketing team or outsource the critical task to some outside professional agency. To fill this very gap, AnahadMC offer services to assist your management in creating & implementing of a customized marketing strategy.
Major challenge facing this sector is lack of branding. Despite existence of private players in education sector at all levels for a considerable long period in India not many private institute have been able to create brand equity higher than that of public sector autonomous institutes. The problem of branding in not peculiar to education sector alone, it’s pervasive in other commercial & not for profit enterprises as well. The mother of all questions is how to create a brand in the education sector? Let us admit that the advertising is not the chief vehicle for marketing in all the marketing scenarios.
It’s well accepted that unless an institute presents itself as a brand to the students it may have to struggle a lot to be the first preference for the brand conscious youth of 21st century India. Branding exercise is a critical factor in success or failure of institutes with full & partial enrolment record as market forces continue to change the game each year.
Some characteristics that determine the brand equity of an education enterprise:
1. Years in operation
2. Size of campus
5 International relations
6. Faculty quality
7. Number of courses
If you want to go beyond the generic factors to create a differentiated brand for your enterprise that fits seamlesly to the target please drop us an email at firstname.lastname@example.org and we would get back to you within one working day. Let's make India an education powerhouse.