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PROJECT ON

   EDUCATIONAL SERVICES   IN INDIA


                           PRESENTED BY.
                                           1.
                                           2.
                                           3.
                                           4.
                                           5.
1. Health Care
      hospital, medical practice, dentistry, eye care
2. Professional Services
       accounting, legal, architectural

3.    Financial Services
      banking, investment advising, insurance

 4.     Knowledge services
         EDUCATION

5. Hospitality
      restaurant, hotel/motel, bed & breakfast,
       ski resort, rafting
6. Travel
      airlines, travel agencies, theme park
7. Others:
       hair styling, pest control, plumbing, lawn maintenance,
      counseling services, health club
   Education system of India is often cited as one of the contributors to the economic rise of
   India. Much of the progress in education has been credited to various private institutions. The
   private education market in India was estimated worth $40 billion in 2008 and will increase to
   $68 billion by 2012. However, India continues to face many challenges in this context. Despite
   growing investment in education, 40% of the population is illiterate and only 15% of the students
   reach high school These institutions systematically imparted knowledge and attracted a number
    of
   foreign students to study topics such as logic, grammar, medicine, metaphysics, arts and crafts.
   With the arrival of the British Raj in India a class of Westernized elite was versed in the Western
   system of education which the British had introduced. This system soon became solidified in
   India as a number of Primary, Secondary, and Tertiary centres for education cropped up during
   the colonial era..
    In the olden days existence of ‘Guru- Sishya Parampara’ in Indian educational system was
    prevailing. Teachers were called as ‘Guru’ and student were known as ‘Sishya’. The sishya used
   to stay at a ‘toll’ or ‘Ashram’ of ‘Gurukul’ which now have been transformed to ‘Residential
   Campus’, or Hostel. Educational service at that time was a ‘Social Service’ and institutions did
   not have any motive of profit maximization. The social service has recently being shifted to
   ‘Commercial Service’.
   The present project is purely based on secondary data source. For the
    present study, the
   institutions offering professional courses related to Management,
    Engineering & Technology,
   Medical Sciences, Journalism and Mass Communication etc. have been
    taken into account. The present study analyzed various marketing and
    promotional approaches adopted by the
      professional educational institutions in India. It has also identified the
    various tools used by the professional educational organizations. The
    project has raised a few vital questions; whether the
   adopted approaches are student centric? Whether it is right approach? Is
    there any gap in
   satisfying the needs and demands of the students? It has also suggested
    appropriate marketing style for the professional educational institutions.
   Education is a pure service sector which is
    characterized by intangibility, inseparability,
    heterogeneity and perishability. Here, the offers
    are intangible and the service may be based on
    the reputation of an individual. It is difficult to
    compare the quality of similar services and the
    buyer cannot return the service once it is
    availed. The uniqueness of educational services
    marketing is that, instead of the traditional 4
    P's, (Product, Price, Place, Promotion) there are
    3 additional P's (consisting of People, Physical
    evidence, and Process) constitute marketing mix
    with 7 P's.
Product/
                        Service


    price                                    People


                   Marketing
                   Mix
                   Variables of
                   Educational
                   Services
Place                                           Process




            Promotio              Physical
               n                  Evidence
 In case of educational services, the product
  means the students and the services means the
 intangible offers (like the course itself, the
  services rendered by the faculty etc.) made by
  the
 educational institutions. Here, services make the
  product of an institute. Through the products
 and services the educational institutions
  promotes their organization and develop the
  brand value
 in the competitive market.
 The price is the amount a student pays for the
  services availed by him or her. It is determined
  by
 a number of factors including competition,
  service quality, placement, reputation of the
 institution, private or public ownership,
  infrastructure, facilities provided, location of
  the
 institute, mode of education, brand name of the
  educational institution etc. Here, price reflects
 the quality of services provided to the students.
  Hence, it can be used as marketing tool by the
  institutions.
 Place represents the location where an
  educational institute is established. It is
  often referred to
 as the service centre. If the institute is
  located at a Metro city, it will provide much
  more
 competitive edge, than if it is located in
  rural place. So, place is also a vital
  promotional tool for
 them.
 Promotion represents all of the communications
  that a service provider uses in the marketplace.
 Promotion has a few distinct elements such as
  advertising, public relations, word of mouth,
  point
 of sale, publicity, direct & web marketing, etc.
  Educational institute emphasizes mainly on two
 components of promotion viz. advertising and
  web-based marketing, rather than all. As far as
 promotion tool is concerned, positive word-of-
  mouth communication has been found the best
 tool for them.
   Here, the people mean teaching fraternity and non-
    teaching community directly and indirectly
   associated with the services rendered to the
    students. Satisfaction and retention of the students
   solely depends on the way the teachers are in a
    position to deliver their best services to them.
   Teachers are not treated as ‘guru’, rather they are
    known as facilitators / services providers.
   Growth and existence of an educational institute,
    particularly the professional educational
   organization depends on the competency,
    effectiveness, efficiency, sincerity, dedication and
   devotion of the teaching community of the institute.
    People proved as the most vibrant
   component of educational services marketing mix.
   It is the direct sensory experience of a service that
    allows a student to measure whether he or she
   has received adequate facilities by the educational
    institution. Examples might include the
   physical environment in which service is delivered,
    the physical facilities provided and the
   infrastructure created by the organization for them.
    It might include state-of-art technology,
   building, total ambience, parking facility, play
    ground, gymnasium, swimming pool, indoor
   stadium, transportation facility, hostel, AC class room
    facility, computer laboratory, canteen,
   library, number of books and journals, different
    modern teaching aid etc. All of these play a
   crucial role in marketing of educational institute.
   The procedures, mechanisms and flow of activities
    which lead to an exchange of value are called
   the process. The way service providers render
    services to the students, plays a pivotal role in
   gaining the competitive advantages. If the service
    process is hassle free, simple, understandable,
   student friendly and technology based, it will
    definitely make the institution with difference.
   Examples might include the way a student is treated
    by a staff member and rendered service by a
   teacher, or the length of time a student has to wait
    to get services from them.
   Popular Marketing Tools Used by Educational Institute

   Job Offer
   Infrastructure / Facility Provided
   Teaching AID
   Location of the Institute
   Brand Name
   Ranking
   Pedagogy
   Admission Tests and Process
   Approval
   Faculty
   Services Offered
   Price / Fees
   Placement
   Honest Appraisal of Performance
   Student Relationship Management (SRM)
   Rendering Market Oriented Services
   Ensuring Quality Services
   Fair Treatment to the Students
   Welcoming and Encouraging Feedback
   Act Quickly
CONCLUSION
     THANKS
TO ALL

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1322891 634638298705391250

  • 1. PROJECT ON  EDUCATIONAL SERVICES IN INDIA   PRESENTED BY.  1.  2.  3.  4.  5.
  • 2. 1. Health Care hospital, medical practice, dentistry, eye care 2. Professional Services accounting, legal, architectural 3. Financial Services banking, investment advising, insurance 4. Knowledge services EDUCATION 5. Hospitality restaurant, hotel/motel, bed & breakfast, ski resort, rafting 6. Travel airlines, travel agencies, theme park 7. Others: hair styling, pest control, plumbing, lawn maintenance, counseling services, health club
  • 3. Education system of India is often cited as one of the contributors to the economic rise of  India. Much of the progress in education has been credited to various private institutions. The  private education market in India was estimated worth $40 billion in 2008 and will increase to  $68 billion by 2012. However, India continues to face many challenges in this context. Despite  growing investment in education, 40% of the population is illiterate and only 15% of the students  reach high school These institutions systematically imparted knowledge and attracted a number of  foreign students to study topics such as logic, grammar, medicine, metaphysics, arts and crafts.  With the arrival of the British Raj in India a class of Westernized elite was versed in the Western  system of education which the British had introduced. This system soon became solidified in  India as a number of Primary, Secondary, and Tertiary centres for education cropped up during  the colonial era..  In the olden days existence of ‘Guru- Sishya Parampara’ in Indian educational system was prevailing. Teachers were called as ‘Guru’ and student were known as ‘Sishya’. The sishya used  to stay at a ‘toll’ or ‘Ashram’ of ‘Gurukul’ which now have been transformed to ‘Residential  Campus’, or Hostel. Educational service at that time was a ‘Social Service’ and institutions did  not have any motive of profit maximization. The social service has recently being shifted to  ‘Commercial Service’.
  • 4. The present project is purely based on secondary data source. For the present study, the  institutions offering professional courses related to Management, Engineering & Technology,  Medical Sciences, Journalism and Mass Communication etc. have been taken into account. The present study analyzed various marketing and promotional approaches adopted by the professional educational institutions in India. It has also identified the various tools used by the professional educational organizations. The project has raised a few vital questions; whether the  adopted approaches are student centric? Whether it is right approach? Is there any gap in  satisfying the needs and demands of the students? It has also suggested appropriate marketing style for the professional educational institutions.
  • 5. Education is a pure service sector which is characterized by intangibility, inseparability, heterogeneity and perishability. Here, the offers are intangible and the service may be based on the reputation of an individual. It is difficult to compare the quality of similar services and the buyer cannot return the service once it is availed. The uniqueness of educational services marketing is that, instead of the traditional 4 P's, (Product, Price, Place, Promotion) there are 3 additional P's (consisting of People, Physical evidence, and Process) constitute marketing mix with 7 P's.
  • 6. Product/ Service price People Marketing Mix Variables of Educational Services Place Process Promotio Physical n Evidence
  • 7.  In case of educational services, the product means the students and the services means the  intangible offers (like the course itself, the services rendered by the faculty etc.) made by the  educational institutions. Here, services make the product of an institute. Through the products  and services the educational institutions promotes their organization and develop the brand value  in the competitive market.
  • 8.  The price is the amount a student pays for the services availed by him or her. It is determined by  a number of factors including competition, service quality, placement, reputation of the  institution, private or public ownership, infrastructure, facilities provided, location of the  institute, mode of education, brand name of the educational institution etc. Here, price reflects  the quality of services provided to the students. Hence, it can be used as marketing tool by the institutions.
  • 9.  Place represents the location where an educational institute is established. It is often referred to  as the service centre. If the institute is located at a Metro city, it will provide much more  competitive edge, than if it is located in rural place. So, place is also a vital promotional tool for  them.
  • 10.  Promotion represents all of the communications that a service provider uses in the marketplace.  Promotion has a few distinct elements such as advertising, public relations, word of mouth, point  of sale, publicity, direct & web marketing, etc. Educational institute emphasizes mainly on two  components of promotion viz. advertising and web-based marketing, rather than all. As far as  promotion tool is concerned, positive word-of- mouth communication has been found the best  tool for them.
  • 11. Here, the people mean teaching fraternity and non- teaching community directly and indirectly  associated with the services rendered to the students. Satisfaction and retention of the students  solely depends on the way the teachers are in a position to deliver their best services to them.  Teachers are not treated as ‘guru’, rather they are known as facilitators / services providers.  Growth and existence of an educational institute, particularly the professional educational  organization depends on the competency, effectiveness, efficiency, sincerity, dedication and  devotion of the teaching community of the institute. People proved as the most vibrant  component of educational services marketing mix.
  • 12. It is the direct sensory experience of a service that allows a student to measure whether he or she  has received adequate facilities by the educational institution. Examples might include the  physical environment in which service is delivered, the physical facilities provided and the  infrastructure created by the organization for them. It might include state-of-art technology,  building, total ambience, parking facility, play ground, gymnasium, swimming pool, indoor  stadium, transportation facility, hostel, AC class room facility, computer laboratory, canteen,  library, number of books and journals, different modern teaching aid etc. All of these play a  crucial role in marketing of educational institute.
  • 13. The procedures, mechanisms and flow of activities which lead to an exchange of value are called  the process. The way service providers render services to the students, plays a pivotal role in  gaining the competitive advantages. If the service process is hassle free, simple, understandable,  student friendly and technology based, it will definitely make the institution with difference.  Examples might include the way a student is treated by a staff member and rendered service by a  teacher, or the length of time a student has to wait to get services from them.
  • 14. Popular Marketing Tools Used by Educational Institute  Job Offer  Infrastructure / Facility Provided  Teaching AID  Location of the Institute  Brand Name  Ranking  Pedagogy  Admission Tests and Process  Approval  Faculty  Services Offered  Price / Fees
  • 15. Placement  Honest Appraisal of Performance  Student Relationship Management (SRM)  Rendering Market Oriented Services  Ensuring Quality Services  Fair Treatment to the Students  Welcoming and Encouraging Feedback  Act Quickly
  • 17. THANKS TO ALL