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ERIC Number: EJ796580
Record Type: Journal
Publication Date: 2008
Pages: 12
Abstractor: Author
Reference Count: 22
ISBN: N/A
ISSN: ISSN-0951-354X
A New Higher Education Marketing Mix: The 7Ps for MBA Marketing
Ivy, Jonathan
International Journal of Educational Management, v22 n4 p288-299 2008
Purpose: The purpose of this paper is to present a new marketing mix based on MBA students' attitudes and opinions towards the marketing initiatives of business schools in South Africa. The post-graduate business education market is, and increasingly, getting more aggressive in their efforts to attract students on to their flagship degree, the MBA. The traditional marketing tools historically grouped into 4Ps (product, price, place and promotion), 5Ps (adding people) and 7Ps (adding physical facilities and processes) may be wanting in this market. Design/methodology/approach: The approach taken was a quantitative survey of students registered at state subsidized universities in South Africa. Findings: The factor analysed data showed seven quite distinct underlying factors in the marketing activities of these business schools, some covering the same elements of the traditional marketing mix: people, promotion, and price. There were, however, four different elements: programme, prominence, prospectus, and premiums. Research limitations/implications: While the survey included only MBA students from a sample drawn in South Africa, the study does highlight the fact that the traditional services marketing mix may not be as useful to the higher education sector as it might have been originally thought. Practical implications: The development of marketing strategy may be better served by this 7P model rather than the services mix. Originality/value: This paper presents the underlying factors that form the basis of a new marketing mix specifically for MBA recruitment. (Contains 1 table and 2 figures.)
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Publication Type: Journal Articles; Reports - Research
Education Level: Higher Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Identifiers - Location: South Africa