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The Education Market

Product Type: Market Research Report
Published by: Datamonitor
Published: August 2005
Product Code: R313-8949
Description
Based on vendor interviews, this Datamonitor brief explores the different buying and selling strategies used in the education market, and recommends how to select an effective strategy. The brief profiles five vendors and two resellers, and predicts how the market is likely to change. Vendors will find this brief provides insight into how technology is sold successfully in the education market.

Scope

  • Profiles of five vendors and two channel partners including Dell, HP, HRW, Plato Learning, Toshiba, GovConnection and Software Express
  • Interviews with key hardware and software vendors K12 and higher education in the U.S.

    Highlights

  • Institutions and vendors use many different strategies to buy and sell technology which makes the education market extremely complicated and prone to costly and time-consuming missteps.
  • Successful sales strategies consider the extent to which the product impacts the day to day functions of the institution, as well as how closely tied it is to teaching and learning.
  • The education market is unlikely to make dramatic changes in how technology is bought and sold in the future, but will seek out new ways to realize incremental efficiencies.

    Reasons to Purchase

  • Align sales strategy with buyer preferences
  • Achieve larger revenue returns from sales strategy
  • Avoid the common pitfalls for vendors in the education market
    Table of Contents


    TABLE OF CONTENTS

    ABOUT DATAMONITOR

    THE EDUCATION MARKET

    Why is it important to understand the education market?
    How is this brief organized?

    HOW IS THE MARKET ORGANIZED?

    Why are there so many ways to buy and sell technology in the education market?
    Distance from the core mission of the organization
    Fragmentation & crowding in the market
    Demands for service while reducing costs
    Institutional diversity
    What are the primary selling strategies?
    Direct sales
    Direct market resellers (DMRs)
    Value added resellers (VARs)
    Combination
    What are the primary buying strategies?
    Direct purchase
    State adoption
    Approved vendor lists
    Pre-negotiated contracts
    Combination
    What are some examples of vendor strategies?
    Dell
    Hewlett-Packard
    Holt, Rinehart and Winston (HRW)
    PLATO Learning
    Toshiba
    Who are some of the channel partners?
    GovConnection
    Software Express
    What are the lessons learned?
    Let the product influence the sales strategy
    Watch out for cross-over from the retail market
    Use online catalogs to expand beyond the institution
    Support channel partners with robust marketing
    Pay attention to the quality of the sales representatives
    Prepare for a long sales cycle
    What to consider when building a strategy?
    Selling Strategies
    Buying Strategies

    THE FUTURE DECODED

    What lies ahead for the education marketplace?
    Expanding the use of the Internet for buying and selling
    Increasing the centralization of institutional purchasing
    Continuing the consolidation of vendors
    Re-aligning the products and services of local VARs

    APPENDIX

    Supplementary data
    Definitions
    Research methodology
    References
    Relevant links
    Further readings
    SPP writing team
    How to contact experts in your industry
  • Ordering and More Information
    Price and Delivery Options



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