What an Administrator Needs to Know About Demographics
Having read in the last post about how marketing is an integral part of every college or university, it’s natural to wonder about the markets themselves: Who are they? Where are they? How have markets changed? And, especially in times of economic uncertainty, are there new markets we should be looking at? The good news is that there is considerable data out there to help you make decisions about marketing; the bad news is that those decisions-while grounded in solid data and information-are still as much art as science. Motivations of markets tend not to be easily quantifiable or predictable, and even though you may take some of the lessons you learn from one market to another, it’s still likely a “one size fits all” approach won’t suffice if you want to do as much as you can, given the natural limitations and constraints on resources. As Yogi Berra is popularly quoted as saying, “It’s tough to make predictions, especially about the future.” And while you look externally at markets, using all the information available at your fingertips, it’s still important to realize that there are many forces external to your university that you can’t control no matter how big […]

