CAPILANO UNIVERSITY Online BBA Program S t r a t e g i c Fo c u s a n d P l a n Promote quality online education to meet challenges of our time through professionalism. To get the opportunity of business issues in the key areas. Nonfinancial Goals Provide flexibility of learning . Teach students who are living in remote areas. Provide quality online education to our students while maintaining their demanding job or lifestyle. Financial Goals Price will be lower than in-class course format. Continuing to create profit. Implement strategic investments to further develop the program. S WO T A n a l y s i s Strengths Awarded with British Columbia’s Education Quality Assurance Designation. Strong online support staff. Becoming an Accredited University in the AUCC this year. Financially in an upswing due to investments and innovative ideas. S WO T A n a l y s i s We a k n e s s e s Has only been a university for a few years. Unknown Training problems with teachers. Implementation costs are relatively unknown. Has only a few online courses. S WO T A n a l y s i s Opportunities There is no BC University that offers an Online BBA program. Have the ability to get first mover advantage. Online education appeals to people in many locations. During economic downturn online programs appeal to people who need to work. SWOT Analysis T hreats Online education is known as a lower class degree. Many online BBA’s offered through other websites. Is know as a secondary University to SFU and UBC. Transferability of degree to other universities/master programs. Targ et Market Immigrants whose first language is not English. Shy people who are not used to speak in public and prefer to spend their time alone. Full-time employees who have to be present in their work all the time and are busy. People who care more about economical efficiency in their expenditures. Targ et Market People who are more interested and familiar in using computers and internet in their spare time. Generation X and Y are the most common age group in Canada. People with low average income. People who came from Asian or Middle Eastern countries to Canada because of different methods of studying in their cultures. M a r ke t i n g O b j e c t ive s F i r s t Ye a r Comprised mainly of lower mainland residents with full or part-time jobs. High concentration of students within the ages of 30 to 50 with restricted funds for a traditional university. M a r ke t i n g O b j e c t ive s Second year and Further With success of program use new funds to expand to other target markets. Expansion to high school graduates and to other regions of BC. High word of mouth advertising from satisfied students for lower mainland. Product Strateg y To experience an activity-based learning environment that is led and supported by an instructor. Course outline for online courses is identical to the face-toface delivery. Strictness of the traditional classroom. Pricing Strateg y Canadian students – $250 per course. International students - $550 per course. Affordable but without sacrificing the thought about quality of the degree. Ta r g e t Re ve nu e f o r t h e F i r s t 1 2 Months 1st Term: 100 local students and 10 international students all taking 5 courses = $152,500 2nd Term 150 local students and 15 international students all taking 5 courses = $228,750 D i s t r i b u t i o n S t r a t e g y. Newspapers/Magazines Television Brochure/Posters Internet P r o m o t i o n a l S t r a t e g y. Advertising: Mass Media for targeted age groups. Personal Selling: Promotion through Capilano Students directly towards customers. Public Relations.: Popularity of Capilano in Lower Mainland and good reputation within current students. Sales Promotion: Sales through current students rewarding them for each person getting enrolled. Budg et Television: $25,000; ads between the hours of 6 pm to 9 pm. Internet: $10,000; ads displayed towards our target markets. Newspaper: $5,000; ads in local newspapers. Brochure/Poster: $10,000; ads posted in local businesses, community centers, and transportation sites. E va l u a t i o n a n d C o n t r o l P r e - t e s t E va l u a t i o n Does it capture your attention quickly. Is the information displayed in an effective manner. Would you feel compelled to look for further information. If not, what would you change to make it more compelling. What similar products do you feel have a more intriguing advertisement. Evaluation and Control Post-test Evaluation Where did you hear about our program. What interested you the most about this advertisement How long did it take for you to seek further information on the program. Is there anything you would change in the advertisement to appeal more to others. Thank You all for listening Do you have any question?