country
$20 Bonus + 25% OFF
Securing Higher Grades Costing Your Pocket? Book Your Assignment at The Lowest Price Now!

Marketing And Competitive Environment Of The University Of Adelaide

tag 0 Download8 Pages 1,902 Words tag Add in library Click this icon and make it bookmark in your library to refer it later. GOT IT

Question:

Discuss about the Marketing and Competitive Environment of The University of Adelaide.
 
 

Answer:

Background

The University of Adelaide is a public university of Australia. It is situated in Adelaide, South Australia. The university has been founded in 1874. The university mainly possesses five faculties, such as- faculty of engineering, computer and mathematical, faculty of medical and health care, the faculty of humanities, the faculty of professions and the faculty of science. It is considered as one of the leading university in the world and Australia. It is the third-oldest university of Australia. In 2010 the University of Adelaide has taken a notable initiative to make the university campus smoke free (Adelaide.edu.au, 2017).  The University management has introduced a smoke free policy in the university campus to prevent the tendency of smoking among the students. The university management provides a safe and enthusiastic atmosphere to their students to encourage them. The management pays special attention to the extracurricular activities of the students. They have included many new policies into the university rule book to motivate their students to achieve their goal. There are many other public universities of Australia that are giving tough competition to the University of Adelaide. The management is implementing new marketing strategies to promote the name of the University. They have strengthened all the segments of marketing to attract a large number of students from all over the world.

The below mentioned article has concentrated on the marketing segment of the University of Adelaide. It discusses about the competition that the university is facing and different marketing segments.

Market summary and demand assessment

Labour market in Australia is not flexible and unemployment of this economy is also moderately high (Bishop & Plumb, 2016). As Australian government has taken several initiatives for reform in higher education since 2012, demand for enrolment in the universities has increased. Higher education sector revenue in Australia is expected to grow at 4.5% over the five years from 2016-17.

Figure 1: University ranking of Australia

(Source: jll.com.au, 2015)

Government brought a reform in the education sector by allowing private universities in student enrolment for higher and tertiary education. Both private and public universities are operated by market driven demand policies, where student fees are unregulated. As access for higher education has been made easier, this market has become competitive by removing restrictions on operation. Major universities especially public universities in Australia operate within particular state territory. Therefore, it is difficult for the individual universities to acquire a large market share in the Australian economy. Demand for The University of Adelaide comes both from domestic and international economy for different undergraduate and post graduate courses (australianuniversities.com.au, 2017).

Segment and target market

Market for higher education is segmented by The University of Adelaide according to the degree and study areas such as undergraduate and post graduate courses. There are separate department for different category of subjects such as humanities, science, music, and nursing. Market is also segment based on time of availing education such as part time, full time, on- campus and off campus study.

Figure 2: Statistics of The University of Adelaide

(Source: australianuniversities.com.au, 2017)

As seen in figure 1, online enrolment percentage in this University is very low compared to offline students. In order to put itself in the competitive position in the international market, this university has to draw more foreign students to enrol in this university. Greater entrance of foreign students can make the revenue stream stronger. It is also seen that female enrolment is less in this university compared to the male student (Ibisworld.com.au, 2017). Therefore, the target group for this University is the online students and female students of Australia. Enrolment of female students at the undergraduate level is main focus group.

Current marketing mix analyses

This report focuses on the 4 P’s of marketing mix such as product, price, promotion and place. Main products offered by The University of Adelaide are bachelor degree, other technical and non technical undergraduate programme, Master’s degree, postgraduate degrees in various subjects of different streams and other educational courses. Research based studies are also offered by this University.

Currently, this University charges annual tuition fees AUD$29,900, annual post graduate tuition fees AUD$30,520 (australianuniversities.com.au 2017). On the other hand, international students have to pay Biz fees $83,600, Arts fees $73,500 and Science fees $87,700, which is higher than the domestic students. International student has to pay full amount of the tuition fees.

As a current marketing strategy, The University of Adelaide uses online marketing platform in order to draw greater number of the international students. A greater number of students come to study Australia from China. Improvement of online platform for study is the main focus for the University.

The University of Adelaide has four campus in Australia, North Terrace, Rose worthy campus, Waite campus and Thebarton Campus (Adelaide.edu.au, 2017). All the campus has convenience for transport and all the facilities available in big cities.

 

PEST Analysis:

Political/ Legal Factors:

Political and legal factors refer to rules, law and regulations. Although, this rules and regulations help the organization to run successfully, sometimes the rise of the pressure groups influences the law and regulations. It can be harmful for the growth of the university (Ran et al., 2014).

Environmental Factors:

In this modern era, pollution rate is growing high day by day. High greenhouse gas emission, increment of air, land and water pollution can be harmful for the organizational management to run their organization successfully as high rate of pollution can cause health hazards for the students and faculty members.

Social Factors:

Every organization highly requires the support from the society and people around the organization. University management may face difficulties to run their organization successfully if there is a difference between the social belief and organizational belief. 

Technological Factors:

Emergence of new technologies has made the life of human easier, but the innovation of mobile phone, laptops, internet and other gadgets has shifted the focus of students from the conventional way of study (Forsyth, 2014). Now days, people especially the youth are very much fond of mobile, laptops and other electronic gadgets. It has become easier for the students to download the study material directly from the internet. They are losing their interest in books and physical study materials. This is one of the biggest threats for the management of University of Adelaide.

Competitor Analysis:

University of Adelaide is facing challenges due to rise of other public universities like Monash University. Although University of Adelaide is considered as the largest university of Australia and possesses a large number of students, Monash University also has students around 62,567. This university has spread their network in all over the world like University of Adelaide. Monash University consists of 21,953 foreign students. Monash University is quite popular among the international students for its international research reputation and efficient professional courses. The management of Adelaide University is facing difficulties due to the growth Monash University. Monash is giving tough competition to University of Adelaide by providing attractive courses to their students (Frusher et al., 2014).

SWOT Analysis:

Figure 3- SWOT Analysis

(Source: Created by: Author)

Strength:

University of Adelaide is known for being a leading and oldest university in Australia. It preserves a rich culture that attracts the students from all over the world. It has one of the most experienced and talented faculties (Vivian et al., 2014).

Weakness:

Being one of the oldest universities in the World, the University of Adelaide is mainly based on conventional study method. It is considered as one of the major weak point of this renowned university. In recent time, the students mostly prefer modern and innovative way of study (Mehan, 2016).

Opportunity:

As it is one of the renowned universities in all over the world, it is quite famous among the international students and the university provide healthy atmosphere to its student to motivate their creativity. The university management has taken some innovative initiatives like smoke free policy to provide healthy environment to the student for study. It attracts the students from all over the world.

Threats:

The emergence of other public university is one of the biggest threats for the management of Adelaide University. They are facing various obstacles due to the rise of Monash University, University of New South Wales and other public university of Australia (Pinto et al., 2014).

Value and brand positioning analysis

While formulating brand value positioning, The University of Adelaide need to focus on academic integrity that are linked with higher education, greater employment opportunity, positive experience during vocational training, offering business friendly courses (go8.edu.au, 2014). These strategies can bring competitive advantage for the University both in the domestic and international market. Ranking of this university is at the lower level compared to other top public Universities. Therefore, gender focus may be given priority to enhance brand value of this University.

Conclusion

The report has analysed marketing characteristics of The University of Adelaide. This University holds 100th position among the QS World University Rankings 2014 / 2015. The education industry in Australia is competitive with presence of both public and private universities and other higher secondary Institutions. In order to increase student enrolment and increase in profit, marketing can facilitate this University by increasing brand value. The figure of current market and competitive environment has been highlighted, which is helpful for formulating marketing strategy effectively.

 

References

Adelaide.edu.au. (2017). About the Uni | About the University of Adelaide. Retrieved 14 April 2017, from https://www.adelaide.edu.au/about/

Australianuniversities.com.au. (2017). University of Adelaide ADELAIDE | AustralianUniversities.com.au. Retrieved 14 April 2017, from : https://www.australianuniversities.com.au/profiles/university-of-adelaide-adelaide.html

Bishop, J. & Plumb, M., (2016). Cyclical Labour Market Adjustment in Australia. RBA Bulletin, March, pp.11-20.

Forsyth, H., (2014). A history of the modern Australian university. NewSouth.

Frusher, S.D., Hobday, A.J., Jennings, S.M., Creighton, C., D’Silva, D., Haward, M., Holbrook, N.J., Nursey-Bray, M., Pecl, G.T. & van Putten, E.I., (2014). The short history of research in a marine climate change hotspot: from anecdote to adaptation in south-east Australia. Reviews in Fish Biology and Fisheries, 24(2), pp.593-611.

go8.edu.au. (2014). Policy Note Labour market demand for university graduates. Retrieved 14 April 2017, from : https://go8.edu.au/sites/default/files/docs/publications/labour_market_demand_for_university_graduates.pdf.

Ibisworld.com.au. (2017). University and Other Higher Education in Australia Market Research | IBISWorld. Retrieved 14 April 2017, from : https://www.ibisworld.com.au/industry-trends/market-research-reports/education-training/university-other-higher-education.html.

jll.com.au. (2015). Australian Student Accommodation Market Update 2015. Retrieved 14 April 2017, from https://www.jll.com.au/australia/en-au/Research/jll-australian-student-accommodation-market-update-2015.pdf

Mehan, A., (2016). Public squares and their potential for social interactions: a case study of historical public squares in Tehran. In proceeding of world academy of science, engineering and technology (Vol. 10, No. 2, pp. 544-549). International Scholarly and Scientific Research & Innovation.

Pinto, M., García-Marco, J., Granell, X. & Sales, D., (2014). Assessing information competences of translation and interpreting trainees: A study of proficiency at Spanish universities using the InfoliTrans Test. Aslib Journal of Information Management, 66(1), pp.77-95.

Ran, J., Zhang, J., Yu, J., Jaroniec, M. & Qiao, S.Z., (2014). Earth-abundant cocatalysts for semiconductor-based photocatalytic water splitting. Chemical Society Reviews, 43(22), pp.7787-7812.

Vivian, R., Barnes, A., Geer, R. & Wood, D., (2014). The academic journey of university students on Facebook: an analysis of informal academic-related activity over a semester. Research in Learning Technology, 22.

OR

Cite This Work

To export a reference to this article please select a referencing stye below:

My Assignment Help. (2018). Marketing And Competitive Environment Of The University Of Adelaide. Retrieved from https://myassignmenthelp.com/free-samples/marketing-and-competitive-environment-of-the-university-of-adelaide.

"Marketing And Competitive Environment Of The University Of Adelaide." My Assignment Help, 2018, https://myassignmenthelp.com/free-samples/marketing-and-competitive-environment-of-the-university-of-adelaide.

My Assignment Help (2018) Marketing And Competitive Environment Of The University Of Adelaide [Online]. Available from: https://myassignmenthelp.com/free-samples/marketing-and-competitive-environment-of-the-university-of-adelaide
[Accessed 04 April 2020].

My Assignment Help. 'Marketing And Competitive Environment Of The University Of Adelaide' (My Assignment Help, 2018) <https://myassignmenthelp.com/free-samples/marketing-and-competitive-environment-of-the-university-of-adelaide> accessed 04 April 2020.

My Assignment Help. Marketing And Competitive Environment Of The University Of Adelaide [Internet]. My Assignment Help. 2018 [cited 04 April 2020]. Available from: https://myassignmenthelp.com/free-samples/marketing-and-competitive-environment-of-the-university-of-adelaide.


At MyAssignmenthelp.com, we are committed to deliver quality assignment assistance in the fastest way possible. To make our service delivery fast, we have hired subject matter experts to work on different subject specific assignments. We have hired experts who owe in-depth knowledge in their respective subjects. As per their expertise, they provide geography assignment help, Physics assignment help, Strategic assignment help, history assignment help, art architecture assignment help and assistance with other subjects as well.

Latest Marketing Samples

MPK732 Marketing Management 2

Download : 0 | Pages : 5

Answers: 1. As per the assessment on test market results of O’Gradys as of June, 1983, the sales target of $ 100 million can be achieved. This is due to the reason that in the case study it is stated that in the further period of the test marketing; more than 80 percent of the sales came from larger and standard packets and less than 20 percent is coming from the trial packs. This denotes that customers are having genuine preferences for ...

Read More arrow

MARK205 Introductory Marketing Research

Download : 0 | Pages : 5
  • Course Code: MARK205
  • University: University Of Wollongong
  • Country: Australia

Answer: Introduction With the development of technology, thee expectance of the consumers from the retail owners are increasing across the world. Consumers are expecting shopping stores to offer shopping experience in an integrated manner that will be able to provide them an unique experience. The online 3D stores have been designed in order to ensure that the consumers can enjoy the experience as well as benefits of an offline store through ...

Read More arrow

BSMAN 3007 International Business Management

Download : 0 | Pages : 15
  • Course Code: BSMAN 3007
  • University: Federation University
  • Country: Australia

Answer: Introduction  International business can refer to the traffic of services, goods, capital, technology and knowledge across borders of nation and at transnational or international level. Engaging in such business practise require accurate understanding of business and trade regulations as well as legal requirements of the nation in which enterprise are operating their business (Mills and Smith (2011)). Generally this business ente...

Read More arrow

CMU202 Marketing Communications

Download : 0 | Pages : 15
  • Course Code: CMU202
  • University: Elite Education
  • Country: Australia

Answer: Part A: Introduction:  The report aims at providing an overview of the marketing elements of a well known brand. The company chosen here is Nestle, Australia and the brand chosen comprises of the products of the Nestle brands. Nestle was found in 1908 with the headquarters in Rhodes, Australia (nestle.com 2019). Nestle not only markets but also manufactures various food products and beverage in Australia. Nestle even undertakes ex...

Read More arrow

MKT510 Customer Behaviour (8)

Download : 0 | Pages : 13

Answer: Introduction Consumer behavior towards purchasing services in telecom industry is impacted by their preferences that play a vital role in maintaining organizational efficiency attained by them through implementing suitable marketing strategies (Chen, Teng, Yu & Yu, 2016). Moreover, the factors impacting consumer behavior are relied on identification of their needs along with their preference changes which persuades them to acquire...

Read More arrow
Next
watch

Save Time & improve Grades

Just share your requirements and get customized solutions on time.

question
We will use e-mail only for:

arrow Communication regarding your orders

arrow To send you invoices, and other billing info

arrow To provide you with information of offers and other benefits

1,242,865

Orders

4.9/5

Overall Rating

5,067

Experts

Our Amazing Features

delivery

On Time Delivery

Our writers make sure that all orders are submitted, prior to the deadline.

work

Plagiarism Free Work

Using reliable plagiarism detection software, Turnitin.com.We only provide customized 100 percent original papers.

time

24 X 7 Live Help

Feel free to contact our assignment writing services any time via phone, email or live chat.

subject

Services For All Subjects

Our writers can provide you professional writing assistance on any subject at any level.

price

Best Price Guarantee

Our best price guarantee ensures that the features we offer cannot be matched by any of the competitors.

Our Experts

Assignment writing guide
student rating student rating student rating student rating student rating 5/5

755 Order Completed

95% Response Time

Douglas Cowley

Masters in Finance with Specialization in Audit

Wellington, New Zealand

Hire Me
Assignment writing guide
student rating student rating student rating student rating student rating 5/5

529 Order Completed

95% Response Time

Ivan Blank

PhD in Functional Human Biology

Wellington, New Zealand

Hire Me
Assignment writing guide
student rating student rating student rating student rating student rating 5/5

134 Order Completed

95% Response Time

Thomas Nelson

MS in Information Systems Technology with Specialization in Database Administration

New Jersey, United States

Hire Me
Assignment writing guide
student rating student rating student rating student rating student rating 4/5

248 Order Completed

100% Response Time

Lloyd Bernabe

MSc in Accounting

London, United Kingdom

Hire Me

FREE Tools

plagiarism

Plagiarism Checker

Get all your documents checked for plagiarism or duplicacy with us.

essay

Essay Typer

Get different kinds of essays typed in minutes with clicks.

edit

GPA Calculator

Calculate your semester grades and cumulative GPa with our GPA Calculator.

referencing

Chemical Equation Balancer

Balance any chemical equation in minutes just by entering the formula.

calculator

Word Counter & Page Calculator

Calculate the number of words and number of pages of all your academic documents.

Refer Just 5 Friends to Earn More than $2000

Check your estimated earning as per your ability

1

1

1

Your Approx Earning

Live Review

Our Mission Client Satisfaction

Thank you so much for your efforts the solution was perfect and submitted on time.

flag

User Id: 371975 - 03 Apr 2020

Australia

student rating student rating student rating student rating student rating

every thing good and Very classy treatment. thank you very much i hope do my thesis with this web

flag

User Id: 396340 - 03 Apr 2020

Australia

student rating student rating student rating student rating student rating

The work was well present, details and met all expectations. This is a prove that I will always use this platform and recommend this site to friends at schools and family. Keep using great people to keep having users. Just after receiving this assign...

flag

User Id: 203000 - 03 Apr 2020

Australia

student rating student rating student rating student rating student rating

good transcript that it make feel good because i don\'t need to worry about no ideas to write this transcript

flag

User Id: 329158 - 03 Apr 2020

Australia

student rating student rating student rating student rating student rating
callback request mobile
Have any Query?