Xiaofeng Zheng. Marketing strategies of art training industry under the double reduction policy : a case study of Z Art Training School. Master's Degree(Business Administration). Rangsit University. Rangsit University Library. : Rangsit University, 2022.
Marketing strategies of art training industry under the double reduction policy : a case study of Z Art Training School
Abstract:
Under the background of the double reduction policy proposed by China, this
paper aimed to investigate the marketing strategies of Z Art Training School. Data
were collected from relevant literature and were analyzed based on the general
situation and marketing status of Z Art training school. The research found out the
shortcomings of Z Art Training School in marketing. Firstly, the macro environment
faced by the school was analyzed by PEST method, and then the industry environment
faced by the school was analyzed by using Porter's five forces model. EFE and IFE
evaluation matrix was based on internal and external factors. Finally, the SWOT
model was employed to find out the advantages, disadvantages, opportunities, and
threats of the school. In addition, its competitive strategies were analyzed.
The result revealed that, in terms of STP strategy, after market segmentation, the
target market was selected and the market positioning was determined. The schools
marketing strategies and the implementation of safeguard measures were put forward
from the aspects of course products, price setting, channels, promotion, and online
channels. This paper recommended the improvement of the marketing strategy, which
could help the school to improve its market competitiveness for future development.
The research also provided a reference value for the development of small art training
schools