Journal of Economic, Bussines and Accounting (COSTING)
Vol 7 No 6 (2024): COSTING : Journal of Economic, Bussines and Accounting

DECISION STRATEGY TO INCREASE THE MARKET SIZE OF EPLC

Ibrahim, Maulana Malik (Unknown)
Siallagan, Manahan (Unknown)



Article Info

Publish Date
26 Dec 2024

Abstract

This research aims to improve the decision-making strategies of EPLC’s marketing team through the usage of Analytical Hierarchy Process (AHP). EPLC, an English language learning institution in Bandung, Indonesia, wants to increase its students up to 1000 students. Historical data analysis revealed that there are gaps reaching this target, necessitating improved marketing strategies. The study evaluates four alternatives which are social media campaigns, regular referrals, and alumnus referral program, and a student ambassador program based on some key criterias, cost efficiency, reach, impact, and improvable. Using AHP, social media campaigns rank to be the most effective strategy, followed by the student ambassador program. This research concludes that combining two strategies could maximize the results without interfering with one another. It highlights the importance of decision-making tools, such as AHP, in optimizing marketing strategies for educational institutions.

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Journal Info

Abbrev

COSTING

Publisher

Subject

Economics, Econometrics & Finance

Description

COSTING : Journal of Economic, Bussines and Accounting reviewed covers theoretical and applied research in the field of Economics, Business and Accounting. Priority is given to those articles which satisfy the main scope of the journal, and have an impact in the research areas of interest. ...