Es gibt einfachere Wege, um nach neuen Märkten Ausschau zu halten.
 
 

Global Sales & marketing in Disruptive Industries

Innovations in International Market Development of the Higher Education Industry

The higher education industry is going through a disruptive change process. New technologies, increasing internationalization, stagnating enrolment, changing student demographics and growing expectations pertaining to transparency and outcomes lead to an increasing competition, product innovations, new forms of delivery (MOOC, flipped classrooms, blended learning), and a strong pressure on tuition fees and costs.

What does it mean for marketing and sales strategies?

Institutions of higher education dedicate far more attention and increasing budgets to marketing and sales to manage this change process. Recruitment is shifting from traditional sales channels towards online and digital strategies, what leads to an increasing pressure on sales channel integration. The application of marketing automation tools allows the implementation of cost-efficient and tailor-made communication strategies with all stakeholders along the customer lifecycle and across the different integrated channels to increase conversion and retention rates.

How can institutions of higher education develop new business?

Today, institutions of higher education might choose between many different marketing and sales channels like institutional websites, social media profiles, student recruitment fairs, or recruitment agents. Thus, the ability to select the right sales channels to reach the strategic sales objectives and to manage them efficiently becomes increasingly important. This includes the integration of different sales channels, the analysis of conversion and retention rates as well as channel profitability.

Many institutions of higher education are also looking for new sales channels. Among them are independent contractors like recruitment agents, alumni ambassadors, or cooperation agreements with local institutions (schools and firms). Others are trying to keep students, alumni, and their families involved including the invitation to sponsoring events, donor engagements, or continuing education benefits.

What next?

The higher education industry is an excellent case study how new technologies challenge traditional business models. Institutions of higher education must change their business models as long as they generate enough cash flow from their traditional activities. This is a race against time, in which minor mistakes might threaten the proper existence.

Experienced specialists with powerful tools might facilitate this change process. One example is C2NMs’ market development process company2newmarket®. In four steps, institutions of higher education will learn how to evaluate and select new and existing markets, identify and manage the most efficient sales and marketing channels, integrate new technologies successfully, and implement a profitable and sustainable growth strategy.

If you want to learn more about our winning methodology, please contact us now.

C2NM – about us 

C2NM is a  leading consulting, training, publication,  and  IT development  firm specializing in the field of  international  and  intercultural management. C2NM offers tailor-made intercultural seminars, training, and coaching to communicate more efficiently in intercultural situations. C2NM supports your organization to acquire NEW customers in NEW foreign markets in LESS time, with FEWER resources, and at LOWER risk. Let internationalization become your competitive advantage. We will succeed with you.

Market Entry Process "company2newmarket®"

The application of a structured market entry process allows our clients to acquire NEW customers in NEW foreign markets in LESS time, with FEWER resources, and at LOWER risk.

So, our clients internationalize earlier, faster, and more profitably. Internationalization will become their competitive advantage.

Market Development Process C2NM company2newmarket®

More Information in "Global Market Strategies"

How to Turn Your Company into a Successful International Firm

Global market strategies is the ultimate guide to turn your organization into a successful international enterprise, non-governmental- and non-profit-organization or government agency.

Global market strategies is published by Campus Verlag and available as Print and E-book. It is distributed by Chicago University Press.

Global Market Strategies
 
 

Über c2nm

C2NM ist ein führendes Beratungs-, Trainings- und IT-Entwicklungsunternehmen, welches sich auf Lösungen im Bereich des internationalen und interkulturellen Managements spezialisiert hat.

Mit unseren Produkten und Dienstleistungen wird es auch Ihnen gelingen, mehr neue Kunden in mehr neuen Auslandsmärkten mit weniger Ressourcen und Risiken in kürzerer Zeit zu gewinnen.

 

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