How on earth do you stand out of a crowd that’s part of an industry that pumps out $35 billion?
With a sudden spurt of competitive examinations to enroll for the various fields, students have helped build an industry that didn’t seem to be a necessity a few decades ago. As the competition to excel in such examinations rises at an exponential scale, coaching institutes are embedding themselves into a student’s life as a daily routine.
Kota has definitely grabbed a serious amount of attention, just over the past two years. With an annual turnover of Rs.1500 crore, the All India Ranks (AIR) have been declaring this coaching hub as the place to prepare for examinations like the IIT-JEE, the National Eligibility-cum-Entrance Test (NEET-UG) and other medical exams. The number of students who gave the NEET-UG for the year 2019 had increased by 14.4% from the numbers that had applied for the exam last year. And this was just for the NEET-UG. Setting up a business that caters to the field of education in India requires a little more thought, followed by a lot more action.
“But setting up a business and letting the neighborhood know about your coaching centre requires some physical effort too...”
With an increased number of banners posted every corner you go, everything starts to blend in, and you go temporarily blind. You should research where you would want to put your banner up, ensuring that there is a high turnaround in the area that you put it up in. Experiences of the student’s currently studying at your centre could be great phrases to use on such banners.
It’s easy! Put the target audience in mind when designing your pamphlet, and ensure that the there is some research done on the demographic of your campaign. The only downfall: you don’t leave the venue until you’ve cleared the area of your fallen leaflets.
Alright, so here’s a list of free brownie points I’ve compiled to help you gain the most out of this experience. These are tried and tested, so no worries. You’re in the clear here.
Differentiate yourself from the rest as much as you can. Something that could be helpful for you is the Strategy Chart.
Tripwires can be used with regards to converting prospects into customers. What is a tripwire? Go by the naming: it’s a super-low, risk-free offer that helps “trip” a visitor to fall into the category of a customer.
Once you’re in the clear, it’s okay to charge more. Yes, you read right. Raising them will not only aid you in growing your business, but will attract more clients to work with you.
At the end, the best method of advertising is how your teaching methods have reflected on your students education. The results of a student are what speaks more than the advertisements you print, as these won’t just be talked about extensively in the parent community, but will also reach the ears of the local press.
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