MARKET
SEGMENTATION IN TERTIARY EDUCATION FOR LOCAL PRIVATE HIGHER LEARNING INSTITUTES
By
LEE YING FONG
ABSTRACT
The purpose of
conducting this research is to study the market segmentation in tertiary
education for local private higher learning institutes. Three private colleges
in Penang were selected in this research, namely Kolej Damansara Utama (KDU), Institute Perkim-Goon
(IPG) and Disted-Stamford
College. The objectives
of this research are to define tightly the market segmentation of these three
private colleges, to find out the college market segmentation by using the four
major segmentation variables, namely geographic, demographic, psychographic and
behavioral, to identify the factors that encouraged students to choose
particular college, to find out who is the decision maker in choosing college
in between parents and students and to determine the market strategy that used
by the college in promoting their college and courses. On the other hand, the
STP (segmentation, Targeting and Positioning) of market segmentation model will
be used in this research. A total of 150 set of questionnaires was distributed
to students from the three colleges. Each college will allocate 50 sets of
questionnaires. The questionnaires was divided and constructed to four
different sections by using the four major segmentation variables. A
convenience sampling and quota sampling were chosen to carry out this research.
Besides, information gathered through the interviews with the college
management would further enhance the understanding of this topic. This is
because the college management staffs are able to provide insight and in-depth
view towards the private education in Malaysia. All the data gathered
will be keyed in the SPSS program. Analysis of the data indicated that majority
of the respondents from the three colleges satisfied with their current college
and they do not plan to shift to other colleges in future. In terms of college
facilities, most of the IPG respondents are dissatisfied with the college
parking area. Besides, the results showed that majority of the respondents
choose to pursue their tertiary education in these colleges because of the
college location. Indeed, college location plays an important role to attract
the students to choose particular college. Several recommendations have been
made to each college so that these private colleges can better improve in
future.
Full text source:
Bachelor of Arts (Hons) In
Marketing
December 2003
Number 4