Verified Document

Acadia University Term Paper

Marketing Segmentation, Targeting, And Positioning for Acadia University This article reviews the marketing strategies for Acadia University, one of the higher education institutions that are trying to shine in the education sector. The article starts by identifying key issues related to the institution and thereafter evaluates and assesses the external and internal marketing situations. The paper also looks at some of the possible marketing strategies which the institution can employ to effectively segment, capture and penetrate its target market.

Acadia University was founded in 1838 and was one of the largest colleges in the Maritime colonies at the time. Acadia University is driven by the mission of providing rigorous and personalized yet liberal education. To this end, the university aims to promote a respectful and robust scholarly community and inspire students to become critical thinkers.

The university is perceived by many market analysts to focus more on customer needs and specifically the students, more especially after it shifted its focus to online marketing campaigns and developed new degree programs. In an attempt to address its customer needs satisfactorily, the institution launched a marketing strategy that involved dividing its clients and target customers into segments taking into account their respective financial positions, lifestyles and geographical position. In addition, Acadia University has diversified its product lines and has introduced new products including open distance learning.

Marketing Segmentation, Targeting, and Positioning for Acadia University

Segmentation, targeting and positioning strategy for Acadia University comprise of a three-stage process. The first stage entails determining what kinds of customers exist in the market, which is the education sector. The second stage revolves around determining which category of customers it can best serve and the last stage is all about implementing segmentation by optimizing services and products for the chosen market segment and communicating the choice. Segmentation basically involves the University finding out what kind of customers exits...

In the vast changing education industry, customers demand quality, efficiency and convenience while others are concerned with reduced education costs. To effectively segment its target market and position itself strategically, Acadia University will have to consider exploring a number of marketing strategies including concentrated and differentiated strategies.
Market segmentation may however call for tougher choices including choosing between various variables that can be used to differentiate between customers of a particular product variety. For Acadia University, several variables are available at its disposal and these can be used to segment its target market. These variables include demographic variables which refer to personal statistics like gender, income level, education, ethnicity, location (rural vs. urban) and family size among others. Researches indicate that most of the urban population prefers open distance learning and thus Acadia University can benefit immensely by developing differentiated products aimed at the urban population. The institution can also segment its target market in terms of values and market styles. Another basis for segmentation open to Acadia University is behavior. Some customers are brand loyal and tend to stick to their brands even when competitive ones are on sale.

In the next move, Acadia University requires to target one or more of its identified segments. The choice in this case should generally depend on a number of factors including the existing segments served by rival universities. Targeting will enable the university to reposition itself strategically in the fast changing and unpredictable education market. Already, the Acadia University has chosen to reposition itself as an education institution that provides high quality, market oriented education at pocket friendly rates. Accordingly, the institution has done impressive work in advertising to promote its products. As part of the positioning strategy, Acadia University has adopted chosen brand images that appeal to the chosen segment. To effectively seal the positioning strategy, the university has undertaken immense research…

Cite this Document:
Copy Bibliography Citation

Related Documents

Acadia University Promotion Acadia University
Words: 565 Length: 2 Document Type: Chapter

S. with significant language barriers that severely complicate their employment prospects. Therefore, it is suggested that Acadia launch a promotional campaign targeting this population in conjunction with the establishment of a series of English Language for Foreign Professional program to capitalize on this market. High School Recruitment and University Fairs The current economic crisis in the U.S. has opened up a tremendous opportunity for higher education institutions that offer high-quality and comprehensive

Acadia University Promotion Overall Strategy
Words: 533 Length: 2 Document Type: Term Paper

Prospective students interested in pursuing a degree in a new field should be able to review a clear outline of the options available in that regard. However, all promotional materials should also cater to prospective students who need to fulfill specific courses to obtain certifications or other employment-specific skills without burdening them with unnecessary program requirements if they wish to tae only individual courses. Furthermore, to the extent any

Acadia University Is Situation in
Words: 1152 Length: 4 Document Type: Term Paper

In terms of the above, it can therefore be summarized that the university makes use not only of its existing, timeless, and historical resources to provide students with an optimal education, but it also engages in continual improvements in terms of its technological and communications setup to help an increasing amount of students fulfill their dreams of excellence in education. Industry Analysis The industry analysis is conducted according to Porter's five forces.

Managerial Video Insight to Leadership Theory
Words: 981 Length: 3 Document Type: Essay

Leadership Theory Analysis Leadership is a word that represents a fairly vague and misunderstood concept. Leadership can refer to specific people, the actions or behaviors of a specific person or group of people, or any other conceivable combination. It's difficult for anyone to grasp a specific definition with an appropriate context because it can be applied in a plethora of scenarios. For example, a leader can still be a leader even

Shakespeare William Shakespeare, the Famous Playwright and
Words: 621 Length: 2 Document Type: Term Paper

Shakespeare William Shakespeare, the famous playwright and the great poet was born in 1564 at Stratford-on-Avon in England. Though he never attended college he had a sound basic education. He went to London in his early twenties and during the next ten years he wrote some of the classical masterpieces like Julius Caesar, Macbeth, Othello and Hamlet. Shakespeare wrote a variety of plays from tragedy to comedy. 'The Merchant of Venice',

Working for Goody in Saudi
Words: 652 Length: 2 Document Type: Interview

I am very impressed with a company that goes the extra few miles to educate people about healthy foods, and to provide Saudi girls with the training -- for free -- to learn to cook and to be creative in the kitchen. In fact, how could a person not be very impressed when a company like Goody trains one thousand young girls in the art of creative, healthy cooking and

Sign Up for Unlimited Study Help

Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.

Get Started Now