MINISTRY OF EDUCATION AND TRAINING UNIVERSITY OF ECONOMICS HO CHI MINH CITY
-NGUYEN THI NHU Y
THE IMPACT OF SOCIAL NETWORK TO STUDENT’S CHOICE AN EDUCATION CONSULTANT AGENCY: SOLUTION OF MARKETING ON SOCIAL NETWORK FOR OSI VIETNAM
MASTER THESIS OF BUSINESS
Ho Chi Minh City, 2019
Trang 2MINISTRYOFEDUCATIONANDTRAININGUNIVERSITYOFECONOMICSHO CHIMINHCITY
-NGUYENTHI NHUY
THEIMPACTOFSOCIALNETWORKTOSTUDENT’SCHOICEANEDUCATIONCONSULTANTAGENCY:SOLUTIONOFMARKETINGONSOCIALNETWORKF O R O
Ho ChiMinhCity,2019
Trang 3HoChiMinhCity,October 10th,2019Author
NguyenThiNhu Y
Trang 4Firstly,I w o u l d liket o thankmySupervisor,D r T r a n M a i D o n g f o r h i s strongsupportandhighlyvaluedcontribution,guidancethroughoutt h i s researcha n d formakingtimewheneverIneededitthroughouttheyear.
Secondly,I w o u l d alsol i k e t o thankt o t h e interviewparticipants,intervieweesfor yourtimeandcontribution.
yourenormouss u p p o r t , encouragementand patiencethroughoutmystudyingcourse.
Trang 5THESECONDCOVERPAGEDECLARATION
Trang 75.2.5 tionplanforOSI 90
Trang 85.3 Limitation 955.4 Futureresearch 95
REFERENCEAPPENDIX
Trang 9LIST OFACRONYMSAND SYMBOLS
1 OSIVietnam :OneStep InternationalEducationConsultingCo.,Ltd2 IIE :InstituteofInternationalEducation
3 ISS :InternationalStudentSurvey4 SDS :StudentDirect Stream
Trang 10LIST OFTABLES
Table2.1 Parentsconsideroverseas study 11
Table2.2 Destinations preferredbyparents 13
Trang 121.1 Introduction
Nowadays,socialnetworkhasdevelopedverywidelyandstrongly.Itallowsp e op l e toconnectwithfamily,friends,toshareallinformationwithallusers.Theinnovationoftechnologyhasplayingakeyroleandapowerfultoolininfluencinga n d changingbehaviourofconsumer.Socialnetworkhasbecome moreandmorepopularasthedailylife,sothesetoolshasbeenperceivedassourcesforcustomert o searchinformationaboutproductsorserviceduringtheirbuyingdecisionprocess.
t h a t are interestingt o t h e i r connectedus ers (Friends,followers…).I t c a n b e h e l pf u l s o u r c e s a n d mayi n f l u e n c e consumer’spurchasingprocess(Seaman,2013).Moreover,italsoisoneofthemosteffectivemarketingandbusinessdevelopmenttoolsinrecentcentury.Andbecausecustomeru s e informationo n socialnetworksa s th e i n s t ruc t i o n /
guidelinef o r t h e i r decisionprocessandthistooli s alsouseda s advertisingchannelf o r enterpriset o marketwhichinturncanhelpthemgainmorebusinessopportunitiesandpotentialcustomers(Seaman,2013).
Onanotherh a n d, t h e numbero f populationalla r o u n d t h e w o r l d a r e us i n g internetandsocialnetworkhaveincreasedby21%since2015anditwas2.8billionu s e r s r epo rt ed globallyi n 2 0 1 7 (Kemp,2017).Socialnetworkhasbe e n changingt h e w a y peoplecommunicate,gatherinformationandi n f o r m t h e i r decisions.F o r y o u n g studentsan d evenmodernparentsi n particular,socialnetworki s principlemeansofgatheringinformationandcommunicationwithpeertopeer(Kemp,2 0 1 7 ) Inthisreport,thereare83%ofprospectivestudentshavebeenusingsocialnetworksaschannelstoresearchinformationaboutstudyabroadprocedure.Alongw i t h thetrendofglobalizationandthedevelopmentofscience,technologyinternet,especiallysocialnetwork,studyabroadhasbecomeanindispensableneedformanyy o u n g generationst o realizet h e “GlobalCitizen”d r e a m a n d i t w i l l expandt h e i r
Trang 13knowledgebeyondtheirtraditionaleducationalstyleandtheircurrentworld.Thisisa n opportunitytoraisestudents' awarenessofthe manycultures oft h e worldthatcancontributetocreatemanyindividualswitha broaderunderstandingoftoday's societyratherth a n limitingw i t h i n thetraditionaleducationsystema t t h e i r homec o u n t r y (JohnsonandStewart,1 9 9 1 ) Kinginger(2007)consideredt h a t studentsw h o havestudiedabroadoftendemonstratethedevelopmentofcognitiveandcreativethinkingthatsurpassesthe abilityo f s t u d e n t s w it h onlyh a v e educationalexperiencesintheir homecountry.
Oneofthereasonswhystudyingabroadisbecomingincreasinglyimportanti s thatglobalizationhasopenedupinternationalemploymentopportunities.Qiang(2003)observedthatt h e r e i s a noticeableincreasei n t h e numbero f internationall a b o r recruitmentd u e t o globalization.Thiscreatesa n e e d f o r competitioni n t h e internationallabormarketwhichaffectsmanystudentsinseekingopportunitiestoenhancetheircareerprospectsbyachievinghighqualityeducationwithqualificationswhicharerecognizedaroundtheworld(Mpinganjira,2009).U p ton o w , theconceptofoverseasstudyhasbeendevelopedanditseemtobepotentialservice business.Overseasstudyhasbeenbecomingtheeducational activities.
Theinnovationo f socialnetworksh a s influencedenterprisest o discovereffectivewaystocommunicatewiththeirpotentialconsumers.Thismarketinghasb e e n extendingtoeducationconsultancythatattempttoinfluenceparentsands t u d e n t s ’ choices.Morris( 2 0 1 2 ) demonstratedt h a t socialn e t w o r k s w e r e u s e d b y s t u d e n t s toassisti n t h e universitychoices.Socialnetworksa r e provinga n influentialwayofprovidingaplatformforpotentialstudentstogatherinformationa n d informtheirchoiceabout studyabroadan ddestination(Weare socialreport,2 0 1 7 ) S t u d e n t s canu s e a varietyo f informationsourcest o d o decision-
(Poonam andMadhu,2015).Despitethis w i d e diversityinformationsources,overseass t u d e n t s h a d limitedknowledget o
Trang 14chooset h e coursest o studyandj o b prospectso n completinga specificprogram(Jamesetal,2013).Therefore,theyreallyneedaprofessionaladviceandguidancet o makef i n a ldecision.A s M o r r i s ( 2 0 1 2 ) , h e saidt h a t socialnetworki s u s e d b y s t u d e n t s toassistintheuniversitydecisionmakingprocess.Sosocialnetworkhaspotentialforeducationagencytogrowvisibilityandattractmoreprospectives t u d e n t s (ZinckandConstantinides,2011).Therefore,socialnetworkhasappearedt o havemuchpotentialandpromise,itwillbedeterminedwhatrolesocialnetworkp l a y s instudent’sdecisionofeducationconsultantagency.Andfromtheincreasingdemando f studyingabroadinVietnamleadst ostrongdevelopmento f educationconsultanta g e n t s t o helpstudento n preparingfullstudyabroadprocedure.A n d b e c a u s e o f b i g opportunityo f studyabroadb u s i n e ss n o w somanyAgentsa r e openinginVietnam,itcreatesthedynamic
marketandstressfulofcompetition.OSIVietnam( O n e S t e p InternationalEducationConsultingCo.,Ltd)iso n e o f thecompaniest h a t t h e i r servicei s overseastudyservicea r e facingwiththeiro w n challengetoadaptt o t h e boomingo f technologynowadayst okeepgrowingandreplaceanotherproactiveapproachstrategytoprospectivestudentsthroughsocialnetworks.
AlthoughO S I Vietnamh a s beenestablishedi n t h e marketf o r a l o n g time( o ve r 20years),butcompanyhasnotbeenprominentandsuccessful,aswellasnotw e l l known.OSIVietnami s a smallenterprise,t h e r e h a v e o n l y1 2 employees’unreasonablejoballocation,andeachemployeemustoccupymultiplepositions(asconsultant,customerservice,marketing,cashier,internationalrelationship )resultinginlowmarketingeffectiveness.Employeesa r e primarilytrainedinprofessionalcounseling,customercarebytelephonebutlackofmarketingtraining.T h e lacko f aspecializedmarketingdepartmenthas ledto ineffectivepublicityof t h e companyimage;thestaffsdisregardthemarketingfunctionthatonlyfocusesont h e processingo f thev i s a application.Becausei t i s a smallcompany,marketing
Trang 15budgetisverylow,so itisnot suitableforcommunicationactivities,organizationofseminars,events Accordingly; thecompanynowneededamarketingplanbothless costlybutstill effective.
Eventhought he companyh a s website:www.osivietnam.comandf a n pa ge o nFacebookb u t doesn o t regularlyu p d a t e , refresht h e contenta s w e l l a s d o n o t h a v especialistsinchargesoitdoesnotbringeffectivemarketingforthecompany.Theyonlyhadineffectivemarketingpolicieslikeannually;thecompanycoordinateswiththeThanhNienNewspapertoparticipateinthegraduatingseasonconsultancyprogram.Althougheffectiveimmediatelya t t h a t timeb u t d o e s n o t b r i n g long-termandstable effects.
Furthermore,thecompetitorsareusingsocialnetworkingandmarketingonlinev e ry strongs o t h e r e i s f e w e r customersk n o w a n d willingt o chooseO S I Vietnamandtraditionalapproachmentstrategyhasbecomepassiveandoutdatedsot h e companyneedtothinkaboutchangingandreplacingthemarketingplanassoona s possibleor
theywilldecreaseday byday.
BecauseofmanytroublewiththebusinessofOSIVietnamcurrentlywhent h ey cannotgetnewcustomersbyworldofmonthbasedonrelationshipandtraditionalwaysasDirectorofOSIVietnamrecognizedthatitisthepassiveapproachment,andtheymustchangetoadapttothemodernhumanworldchangingd a y b y day,i f t h e y a r e no tsmartt h e yw i l l b e leftbe h i n d andd i s a p p e a r amidsta ve ry dynamiccompetitiveenvironment.Author,whousedtoworkinOSIVietnam,g r e w w i t h themandOSIashersecondfamily,shewantstodosomethingthatasthestrongestactiontomakethempassthroughtheirdifficultperiodtime.Asdiscussionw i t h b o a r d director,t h e companyreallyn ee d s a marketingdepartmentb u t a s t h e beginningtheirbudgetisstillnottoomuch,soauthorwillconsiderandfoundthatsocialnetworkingmarketingn o w i s v e r y effectiveto o l forthemt o spreadOSIVietnam imagetothe newhorizonofsocial community.
AndauthorchoseOSIVietnambecauseauthorusedtobecounsellorofthatcompany,soIknowtheyarelackingthemarkingstrategyeventheirserviceisgood
Trang 16butwithoutadvertisementt h e y w i l l l o s e t h e i r businesst o o t h e r competitors.S o ,
OSIVietnamandtheirproblemthatneedtoh a v e solutionformarketingcampaignasthereasonwhyauthordothisresearchtoh e l p them
issuetheircurrentproblem.Whethersocialnetworkhasagreatimpactoncustomer’smakingprocessa n d t h e r e havemanyresearchesa b o u t t h i s issueb u t u n t i l nowtherearenospecificstudiesforthisfieldinVietnam.So,inthisstudy,authorchoosest h e topic“
Theimpacto f s o c i a l networktostudent’schoicea n Educationconsultantagency:Solutiono f marketingo n socialnetworkforO S I Vietnam”
1.2 Researchobjectivesandresearchquestions
Research’sobjectiveistoindentifythewaythatsocialnetworkinfluencetos t ud e n t s onmakingdecisionwhentheyarefindingeducationconsultantagencyfort h e i rstudyingabroadprocess.
Relatedtoresearch’s objectives,thequestionsaresetasfollow:1 How doessocialnetworkimpactonstudent’s choice?
2 Whatsocialnetworkingsitesdostudentsusetosearcheducationconsultantagency?
3 Whichsocial networkingsites influencedstudent’sdecisionmaking?
Trang 17- OSIVietnamStaff:Theyknowtheproblemsandtheneeds.Theyhavemoreefficientmarketingcampaignst o attractm o r e studentsa n d developtheirbusiness.- Educationcounsellors:authorchoosestointerviewbecausetheyareworkingi n th
ecompanywherehasbeenrunningmarketingonlinesothatwecanseemoreclearlytheeffectiveofsocial networkingmarketing.Thengive
- Parents:theyhavethemostinfluenceonstudentontheirstudyabroaddecision.AccordingtoresearchofMcFadden(2015),thereisnearly60%ofprospectivestudentsreporttheyresearchschoolswiththeirparents,and61%o f
p a r e n t s saidthatthey willmadethefinal decision.
1.3.1 Methodologyofresearch1.3.2 Researchdata
In
thisresearch,authorhasusedbothprimaryandsecondarydatasources.S e c o n d a ry data:allinformationwasfoundedonbooks,magazines,internet
Semis t r u c t u r e interview’sobjectivei s e x p l o r i n g t h e i n s i g h t s andspecificinformation.
Inthisstudy,authorchoosedirectinterviewonebyonewith4kindsofresearchobjectivestotaketheiropinionstodevoteintotheresearchasmuchideasfr om manydifferentsubjects,there are13participantsacceptto jointheinterviews:
- Students:whoareinternationalstudentsinUSA,Canada,theyarethep e r s o n s thatsuccessfulstu de nt visabyO S I Vietnam.Authorcontactedthemf o r invitingtheinterviewandmadetheconversationonebyoneonFacebookmessenger,Zalo, Skype…
Theyare veryhappyandsatisfiedwithOSIVietnama n d promiset o s h a r e eve rypromotionf r o m OS I Vietnamo nsocialnetworks.
Trang 18- Parents:a u t h o r madeintervieww i t h 2 p a r e n t s w h o a r e workingw i t h O S IVietnamf o r t h e i r childrent o studyabroad.T h e y k n e w OSIthroughtheirfriends’introductionandtheyalsosaidthatwithoutsomeonetoldt h e m t h a t companythentheywillnotknowwhotheyareandnevercomesotheytotallyagreedthatOSIshouldhavemarketingtopromotetheirbrandtomanypeopleespeciallyonsocialnetwork.
- Boardo f directoro f O S I Vietnam:directoro f OSIVietnama n d Officemanagerdiscussedaboutthelackofmarketingcampaignoftheenterpriseandt h e y a r e facingwithloosingmanystudentsandtheydemonstratedO SI mustchangetoadapttonewtechnologyera.Thatwhytheyacceptauthortodothethesiswithusingitastherealcase.
- ReferencefromthemarketerandcounsellorfromotherAgents:Thesep e o p l ehaveexperienceofmarketingonEducationfieldinotherAgents,theya r e evenestablishedlaterthanOSIVietnam,buttheyarenowevengrowingfasterthanOSIbecausetheyhavetheactiveapproachmentonsocialnetworksw h e r e h a v e a w h o l eworldcommunity.Theyg a v e authormanyi d e a s a b o u t h o w
t o domarketingonsocialforstudyingabroaddemand.
Theinterviewstookaround30minutesto45minutes,andsometroublewitht h e timezone andinternetso someoftherecordswere notgoodbutafterthat authoralsore-contactedforcompletingthetranscriptversions.Throughthetimedoingmythesis,authorisinrushseasonatworkingsoshehadtravelledalot.Butafterall,s h e triedherbesttocompletethesisontime.
1.3.3 Methodologyofresearch
Thisstudyusescombinationofqualitative.Qualitativeresearchisthemethodwithcollectinginformationwithoutnumericalformanditusuallyrelatedtot h e emotionsofhuman,orbehavior.Discoveringtheexperienceofparticipantsinaqualitatives t u d y i s vi e w e d a s a phenomenologicalapproach.Furthermore,
Trang 19Sincethisisanappropriateway,theattitude,valueandbehavioroftheresearchs h o u ld beacknowledgedatthebeginningoftheresearch,butshouldbepartoftheresearch.A perfectexampleo f qualitativeresearchi s g r o u p interviewsa n d structuredquestionswithopenresponsesthatgeneratequalitativedata.Theseopen-
InthisstudyauthorchoosethechoicemodelofEngle,1995;Kardes,Cronley,C l i ne (2011)ashermainmodeltofollowandgivemorefindingabouthowsocialnetworkscanb e effectiveo n eachstep.T h e r e a r e f i v e steps:N e e d ; Informationsearch;Evaluateof Alternative;Purchasedecisiona n d P o s t purchase.F o l l o w i n g f i v e steps,ithastheirownfactorsthatcanbethereasonforfurtherstepsandfinaldecision
Trang 201.4 Significanceofresearch
Findingofthisresearchfoundthateffectofsocialnetworkwillbestrongonstep2(Informationsearch)andstep3(EvaluationofAlternative)becausestudentsw i l l nearly100%gotointernetandsocialnetworkforseekingandtakingalltheirconcernssoeverypositiveornegativerecommendationwillbetheirissue.OnStep1 (Need),theeffectjustmediumsincewhattheyseeonsocialnetworkwithgoodperformancet h e n w i l l b e t h ei r motivationt o k n o w exactlywhatt h e y w a n t andw h e r e t o
g o Goingt o step4,
itjustt h e mostdependsonactualserviceandconsultantskillofAgentsandhowmuchtheygivetheircustomersbeliefthenmoreopportunityo f businesst h e y canw i n T he laststep(Postpurchase)w i l l closef o r decisionmakingprocessofthispersonbutwillbethenextbeginningstepsofothers t u d e n t s
Thisresearchb r i n g s t h e theoreticala s w e l l a s practicals i g n i f i c a n c e t o allenterprisesi n t h e fieldo f Educationconsultancy,marketing,i t alsoidentifiest h e i n fl u e n c e ofsocialnetworktoconsumer’schoice,especiallystudentsintheprocesso f finding,comparinganddeciding.Fromt h i s researchtheycancomeu p withappreciatepoliciest o attractt h e i r targetcustomers,s u p p o r t marketing,builda n d developthestrategiestoimprovecompetitiveness.
1.5 Outlineofresearch
Theresearchhasfivechaptersasbelow:Chapter1: Generalinformation
Thefirstchapterwillshowtheoverviewofresearchtopic,researchobjective,research question, scope andmethodologyofthis study.
Theorieso f socialnetworks,Student’schoicea n d t h e linkbetweensocialnetworksandStudent’s decisionmaking processwillbeintroducedinthischapter.
Trang 21Thefinal chapterwillshowconclusions,limitationofthis research.
Trang 222.1 Overviewof thetrendofstudyingabroad
AccordingH S B C Group(2017),t h e trendo f studyingabroadi s growingr a p id l y I n particular,t h e highestresulti s belongt o Asianparents,w h o tendt o considersendingt h e i r childrentooverseasstudymoret h a n othercountries.T h e resultsshowthatAsianstudentsmakeup53%ofthetotalnumberofinternationals t u d e n t s
Thepercentage(%)ofparentsin thiscountrywillconsidertheir offspringtostudyoverseas
Trang 23territoriesinAsia,indicatingastrongdesiretostudyi n ther e g i o n Indonesia,6 1 %(up1 % ) , China:5 9 %
(up1 5 % ) , andHongKong:5 2 % T h e r e i s a similartrendi n Vietnam,w i t h a significantnumbero f 63,703Vietnameses t u d e n t s pursuingundergraduatea n d postgraduateprogramsa r o u n d theworld.Ingeneral,thetrendofoverseasstudyiscontinuingtoincrease.Comparedt o j u s t 2 1 millioni n 2 0 0 1 , t h e numbero f undergraduatea n d postgraduates t u d e n t s i n t h e worldi n 2017h a s reachedmoret h a n 4 6million( H S B C , 2017).
IIE(Instituteo f InternationalEducation)estimatedt h a t i n t h e 2016/2017academicy e a r , t h e UnitedStatesh a d attracted1,078,820undergraduatea n d postgraduatestudents,t h e UnitedKingdomh a d nearly497,000internationals t u d e n t s , France310,000and Australia292,000(IIE,2017).
Trang 24Table2.2.Destinations preferredbyparents (HSBC,2017)Destinations
preferredbyparentswhenconsideringt h e i r childrentostudyoverseain2017
(HSBC,2017).Furthermore,relatedtoInternationalstudents u r v e y (ISS)2018(Nicol,2018),therearemorethan80%ofpotentialstudentswhoa r e lookingatstudyingoverseain11EuropeancountriesgothroughsocialnetworkwhenchoosingandapplyingUniversity.Iti s the
channelt h a t s t u d e n t s collectinformationanddiscussionwitht h e i r peers Thesurveyalsoshow
thatSocialnetworkingsitesa n d socialnetworksaret h e p l a c e t h a t 6 5 % studentsf i n dinformationbeforedecidinganinquiryaboutoverseasstudyand27%studentsrefer
Trang 25whenapplying,20%o f collectinginformationabouttravellingabroadplanaftergettingofferand20%findoutsolutiontogettheoffer(Nicol,2018).
Int h i s s u r v e y , Nicol( 2 0 1 8 ) affirmedt h a t e v e n Parents,Family,friends,Educationcounsellors…
areparticularlyinfluentialonstudent’s choiceofoverseastudybutsurelythatstudentsthemselvesarethemostimportantdecidingsocertainly,i t i s crucialt h a t educationcompanylistentoviewpointo f prospectives t u d e n t s carefullycanhelpincreaseratingofsatisfactionandperceptionofstudents.Anyways,Nicol(2018)stillidentifiedthatStudentsbelieveandtrustinformation’ss o u r c e s fromEducationAgents(47%agree)whentheyconsideringandchoosingh i g h e r educationinoverseascountry.
Figure2.2.StudentsbelieveandtrustAgents(Nicol,2018)
Trang 26Followingresulto f I S S (Internationalstudentsurvey)2 0 1 8 ,
(Nicol,2 0 1 8 ) 4 8 % studentssaidthatAgentsareusefulforthemand34%agreeEducationagentsh a d influencedt h e i r choiceo f schooland2 7 % influencedchoiceo f destination.A n d as afactthatauthorseethatEducationconsellorsplayaskeyroleofthechoiceo f studentsandthepotentialofthisbusinessisveryhighifagentscanapproachandha v e therightstrategyofmarketingtorecruitinternationalstudents.AnundeniablefactthatEducationagentsarepartofmanyinternationalUniversityfortheirrecruitment,especiallyforinternationalstudentswhenseekingvisas.Andofcoursea g e n t s facewithmanychallenges.
(Nicol,2018) Thatwhy,nowinthe centuryofincreasinglycompetitiveglobalEducationmarket,especiallyinVietnam thatcompetitioni s becomingmorestressfult h a n ev e r whent h e numbero f consultingf o r studyingoverseaservicecentrescontinuestoincrease(TranThiPhuong,2019)a s b e l o w charto f thenumbero f VietnameseEducationcounsellorcentresf r o m quarter III,2017to thefirstmonth of2019.
16001400120010008006004002000
Trang 27authorusedtobetherecounsellor,soIknowtheyarelackingthemarkingstrategye v e ntheirserviceisgoodbutwithoutadvertisement;theywilllosetheirbusinesstoo t h e r competitors.S o , n e x t sectionauthorw i l l introduceaboutO S I Vietnama n d t h e i r problemthatneedtohavesolutionformarketingcampaignasthereasonwhyauthordo
thisresearchtohelpthemissuetheir currentproblem.
2.2 IntroductionaboutOSIVietnam
OneS t e p InternationalEducationConsultingC o , L t d (OSIVietnam),operatingbasedonalicenseissuedbytheDepartmentofPlanningandInvestmento f HoChiMinhCity,specializingineducation,tourism,immigration,foreigninvestment.OSIVietnamisrepresentativeformanyLanguageInstitutes,SecondaryS c h o o l s , HighSchools,Colleges,Universities…
i n manycountriesw h e r e haveh i g h educationsuchas:U S A , Australia,C a n a d a , NewZealand,Singapore…O S I Vietnamisaprofessional
forstudentstoattainthebestchoiceofstudyingabroadplan.Inaddition,preparingdocumentsforenrollingschoolandapplyingvisaa r e importantpartst h a t demandknowledge,experience,andskillfromadvisorsinordertohavethebestoutcome.OSIpossessesa s t rong,professional,a n d a devotepersonnel’sw h o conductfilesa n d obtainedwell-
traininga n d practicalprogramf o r eachc a s e ,
( O S I Vietnamreport,2018).AtOSIVietnam,thesehavefourcorevaluesarepursuedandimplementedconsistentlythroughoutitsmorethan20yearsofoperation:"Transparency-Professionalism-Experienceand Trust."
DirectorsaidthattransparencyatOSIVietnamcanunderstandasthework,sequenceo f t h e mostdetailed,a n d scientificconsultationprocess.T h e financialstatementsarealwaysclear,detailedfromthebeginning.Allthecompanyservice'sfees,therelevantagenciesasstipulated,especiallythetuitionfeesfromtheschool,livingexpensesarealwayshave clearinvoices.TheprofessionalismofOSIVietnamisreflectedintheextensiveknowledgeoftheconsultantsonprofessionalknowledge,socialknowledgea s w e l l a s c ul t u r e a n d customso f manycountries.
Trang 28Besides,understandingthepsychologyofstudents,parentstoencourage,warnande v en strict,donotcompromisewithanysituationdoesnotmatch.Withtheexperienceo f a closea n d dedicatedteam,O S I Vietnamw i l l h e l p t h e students'soverseasstudyplansaresuretobesmoothandfavorable.OSIVietnamhasestablishedt r u s t relationshipswithmajorp a r t n e r s i n t h e U S , Australia,C a n a d a , N e w Zealand,Singapore,…(OSIVietnamreport,2018).Witho v e r 20yearso f practicalexperienceandcommitment,OSIVietnamhashelpedthousandsofyoungp e o p l e obtainv isas forU S ando th er developedcountries.In recognitiono f these efforts,OSIVietnamwashonoredin2013forthe"Top50 Trademarks-
FamousBrands"AwardorganizedbyVietnamIntellectualPropertyAssociationandAwardf o r EducationDevelopment(2015)w i t h t h e title"PrestigiousEducationOrganization"awardedbytheAssociationofVietnamStudyEncouragement.OSIVietnamisalsooneofthe300representativeenterprisesofHoChiMinhCitytoparticipatein"Cooperationwiththecityofinnovation"inAugust2016(OSIVietnamreport,2018).
AccordingtoOSIVietnam,thenumberofstudyingabroadcasesandsuccessfulstudentvisasasbelowtable:
Trang 29Basedonthereportin2018ofOSIVietnam,fromthetimeofestablishment,O S I Vietnammainlyadvertisesinnewspapersandavailablerelationships.Thecompanyhasabsolutelynomarketingdepartment,mostcustomersgetthroughtheintroductionofthosewhohavebeenworkingwiththecompany,thiswayofdoingbusinesshaspartlyhelpedthecompanytog r o w salesq u i t e well.Moreover,t h e numbero f p e o p l e w h o k n o w t he companyw a s increasing.T h e maincustomero f t h i s periodwastheparentswhointendtosendtheirchildrentostudyabroad.
Trang 30Therevenueo f companyincreasedsteadilyb u t a t mediumlevela n d t h e r e w a sn o breakthrougha n d almostaccesst o customersonlythrought h e traditionalwayo f w o rd o f mouthmarketingo n existingrelationships.(OSIVietnamreport,2 0 1 8 )
From2014to 2017:
Atthattime,everydaycompanyonlyhadaround10casescametodostudyabroadconsultant.Thenumberwasdecresing;itwasabigchallengeforboardofenterprise.Sincetheywerefacingwithabigcompetitionfromthemarketwhentheeducationagencyhasincreasingsofastand th ey dida lotofpromotiontoattracts t u d e n t s andparents.Especiallyt h e y appearedw i t h a v e r y largeo u t p u t o n socialnetworks.T h e companyreport(2018)alsos h o w e d thatO S I Vietnamw a s slowlyfallingbehindcompetitorswhentheapproachmenttocustomershasbecomeoutdatedandnolongerwidelyinfluential.Whilesocialnetworkshavebeengraduallyreplacingthetraditionalwayofaccessinginformationandmarketing,OSIretainedtheoldformofwordofmouthandnewspaperevenalmostUniversityando t h e r Educationcompanyintheworldhaveappliedsocialnetworkmarketingforal o n g time.Franklyspeaking,withouttherightmarketingstrategy,itwillbedifficultf o r OSIVietnamtoexpandtheir business.(OSIVietnam report, 2018)
Recognizet h e importanceo f marketing,especiallyi n t h e digitala g e , t h e BoardofDirectorsdecidedtorunasocialnetworkmarketingstrategy.TheyjoinedFacebookandhadtheirownFanpagetoconnectwithallstudentsandrelationship.TheygotverygoodsignificantofincreasingfollowersonFacebook,theycameandcontactedwithOSIVietnamforconsulting.Soon,thebusinessisgrowing again.Followingt h e successfulo f ne w marketingp l a n , OSIVietnama re settingu p and
Trang 31wideningtheo n l i n e , especiallysocialmarketing,recruitn e w specificmarketers.( O S I Vietnam report, 2018)
- Professionalism,
- Companyh a v e loyalcustomersa nd verygoodrelationship.
- Interconnectionwithmanyprestigiousuniversitiesa n d collegesfromUSA,Canada,Australia,NewZealand,
- Companyh a s experiencedstaffs,h ig hqualification,goodconsultingskills,dedicated,t h o u g h t f u l- Goodservices:stronglysupportst
u den ts n o t onlyduringtheapplicationprocessb u t alsoaftersuccessfulv i s a (immigrationprocedurewhenst ud en ts goabroad,
- Thepercentageofsuccessfulvisaishigh.
- Therearen o marketingdepartment- Smallcompany
- Haven o t focusedo n promotiont oraiseu p t h e i r o w n b r a n d andimage
- Thew a y t o reachpotentialstu den ts issomewhatpassive,basedonlyonwordofmouthandreferralsfromexistingcustomers
- Thew e b s i t e i s n o t popular,no t attractiveandnotregularlyupdatedhotnews.
- Companyha s n o t beenactiveo n Social networkingsites.
- Theyh a v e n o t muchb u d g e t formarketing.
Trang 32- GlobalizationandintegrationopenmanyopportunitiesforEducation,especiallyoverseastudymarket.
- Younggenerationsn o w useinternetandsocialnetworksa s t h e i r sourcetofindinformationa n d sharingtheirexperience
- MoreandmoreVietnamesep a r e n ts andstudentswanttostudyabroad- Onlinemarketingisbecomingeasier
d u r i n g the4.0technologyperiod
- Thecompetitionisincreasing
- ThemarketingonlineofcompetitorsareverystronginnotonlyLocalVietnambutalsoInternationalUniversitiesa n d a g e n t s
2.3 Socialnetwork2.3.1 Introduction
Inthemodernlife,whentheinternetisbecomemoreandmorepopularandcustomersusuallyuseinternetasthetooltosearchinformation,communicateandshopingonlineorfindsevices.Itiseasytostayconnectedwhereverandwheneverp e o p l e a r e d u et o worldwidei s increasingw i t h usingsmartphonesandmobiledevices.T h e advancesi n Informationtechnologyi s helpingt o migrateenterprisea n d consumerrelationshipsto interactivel e v e l Moreover,givingthecustomersopportunitytovoicetheiropinionwillnotleadtopositivewordofmouthandcanthreatentheenterprise’simageandreputationwiththeircustomer(Wilson,2012).
Trang 33Today’sdigitalage,theInternethasmoreadvanceandthepowerandimportanceofsocialnetworkplatforms,conversationsa n d engagementa r e increasingandtravelinga t unprecedenteds p e e d s I t w a s generallyagreedt h a t socialnetworksmarketingh a s involvedt h e spreadingo f marketingmassagest h r o u g h v i r a l marketing,a n d surelyt h a t receiversw i l l interestt o p a s s a l o n g thesemassagest o t h e i r relationships(Kaikati,2004).MultiplesocialnetworkssuchasYoutube,emailcommunication,andmanyotherskindsofelectronicmediaareusedinthisprocess.I n fact,mostoftheViralMarketingcampaignsarefocusedonspreadingthecompany'smessagethrough thepopularsocialnetworkingplatformssuchasFacebook,Y o u t u b e , Twitter,Linkedln, Enterprisesw i s h i n g tointegratea socialnetworkprogramintotheirmarketingstrategyandtheyseethatsocialnetworkischangingthedecision-
makingprocessi n t h e buyingbehavioro f consumers(ConstantinidesandSt ag o, 2012).Socialnetworkha s reducedth e powerof traditionalmarketingsothatmarketersareforcedtofindnewwaystoreachpotentialcustomersa n d communicatew i t h t h e m (Parisea nd Guinan,2 0 0 8 ) H o w e v e r , marketingcommunicationsisanextensionofonlinecommunicationandonlysucceedswheni t i s b a s e d o n s o l i d foundations:productsa r e innovativea n d h i g h quality,market-orientedorganizationsandwebsitesarewell-
designed(ConstantinidesandStago,2012).Socialnetworkswhereh a v e i t memberscreatet h e i r p u b l i c profilesa n d s h a r e allinformations u c h a s k n o w l e d g e , experiences,p e r s o n a l information,
….Contactw i t h othermemberst o exchangeandsharet h e sameinterests(CheungandLee,2010).Socialnetworksmakeushavethedifferentthinkingaboutmarketing,enterprisesandconsumerscaninteractdirectlyandhaverelationshipwithoneanother(Solomonetal,2010).Digitalnetworkstodayisnotonlyinformationaccesstools,butitalshasbeeninteractiontools,whichareusedb y individualst o exchangeands h a r e information,contents,opinions…
andcustomers’sbehaviorw i l l changewhentheyinteractw i t h others(Heinrichse t a l , 2 01 1 ) A s consumersliket o interactionandcommunicationw i t h eachothera n d w a n ttoreferadvicefromdifferentpositiveornegativeproductsorservices,virtual
Trang 34communitieswillhaveanimpactonconsumers'purchasingdecisions(Evanetal,2 0 09 ) Peoplecangathertosharetheirthoughts,idears,commentsonSocialnetworkingsites;s o i t w i l l b e t h e p l a c e f o r marketerst o listena n d respondtocustomers,reviewcontents(Weber,2 00 9) , t h e advertisementsv i a socialnetwork,t h e meassagew i l l reachf a r morep o t e n t i a l customersintendedtoreach(Weber,2 0 0 9 ; Weinberg,2009).
2.3.2 Definition
Socialnetworksaretheplatformswhereindividualcanconnectwithothers( Le e , 2013).ItwasstatedbyWeinberg(2009,page149)as“generictermsforsitest h a t areused toconnectuserswithsimilarbackgroundsandinterests”.
2.3.3 Constitution
Regardingt o researcho f Boyda n d Ellison( 2 0 0 7 , page2 1 1 ) , Lee( 2 0 1 3 ,p a g e 2 5 ) , socialnetworkingsitesplatformsh a v e f e w commonelementsas:“ ( 1 ) u se r s areabletocreateinteractiveandcustomizedprofileswithinaboundedsystem,(2)alistofsuggestedfriendswithwhomtheyshareaconnection,
(3)viewa n d traversetheirlistofconnectionsandthosemadebyotherswithinthesystem”.A t presentthereisnospecificresearchontheconstitutionofsocialnetworks,butw i t h thewayitisformedanditsoperation,theauthormakesuptheconstitutionoft h e socialnetworkincluding:
- Node:Anentitywithinanetwork.Thisentitycanbeanindividual,abusinessor anyotherorganization.
- Tie:istherelationshipbetweentheentities.Therearemanytypesofl i nk s inthenetwork.Initssimplestform,asocialnetworkisasingle,scalargrapho f theappropriatelinksbetweennodes.Wecanrepresentthisnetworkwithagraphb y whichthenodesarerepresentedbypointsand thelinks representedby thelines.
2.3.4 TheusageSocialnetworkin theworldandVietnam:
Asr e p o r t o f Kemp(2018),t h e numbero f n e w u s e r s u s e s o c i a l n e t wo r k aroundtheworldhasincreasedrapidly.Itismorethan3billionpeopleusesocial
Trang 35networkforeachmonth.Despiteanotoriousyear,Facebookisstillincreasing15%comparedto thesameperiodin2017andreached2.17billionusersinearly2018.
Accordingt o statistico f Kemp(2018),Vietnamh a s m o r e t h a n 9 6 millionp e op l e with35%proportionofurbanpopulation.ThenumberofInternetusersin2 0 1 8reached64millionthisnumberisover28%than2017.Thereare55millionu s e r s inusesocialnetworks,anincreaseof20%comparedto2017.Vietnamisnoto u t s i d e t h e growthrateo f digitalmarketingi n t h e world.T h i s r e p o r t pointedo u t t h a t onaveragetimethatVietnameseusersspenttoaccessinternetisnearly7hourad a y anditalmostasadailylifeof usingsocial network.
DuetoSocialnetworkingsitesinVietnam,thenumberofactiveaccountsismorethanhalfofthepopulation(57%)anditisbecomingthemostcurrentcommunicationtoolsforbusiness.Belowfigurewilllist12currentlyfamoussocialnetworkplatformsinVietnam.Thenumberone,ofcourse,isFacebook,followbyGoogleandYouTubee (Kemp,2018)
Trang 36Figure2.6.Mostactive socialmediaplatforms (Kemp,2018)
2.4 OnlinemarketingforEducationConsultantagencies
SocialnetworkwillbepartofEducationCompanyontheirmarketingcampaigns.Butuntilnowmanyenterprisesarestillnotsurethewaytobeginandh o w t o d o i t effectively.Incentivescanb e providedf o r educationcounsellorst o seekinformationa n d createdialogues.Socialn e t w o r k d o n a t e s varietya n d flexibilityofcreativeideastosupportadvancecompany’smissionandgoals.Morea n d moreeducationagenciesaredis
themosteffectives t o o l s t o maket h e i r b r a n d awareness,marketingknowledgea n dcustomer’si n s i g h t s However,nowadays,almostuniversitiesandcollegesareusingtraditionalmarketingmethodstoattractandrecruitpotentialstudentsallaroundtheworldbyprintingmagazine,advertisement,brochures(Demirayetal.,2007),broadcast,educationexhibition,roadshows,publicactivities(Wernick,1991)andespeciallyt h r o u gh theirlocalpartneragencies.Thismethodusesthemaintechniqueis“facet oface”betweencounsellorandstudents.
Asuponmentionabouthoweffectiveofsocialnetworkmarketingandbenefiti t b r in g s t o enterprise’sbusiness,i t i s exactlyw i l l contributet o educationmarket.Indisputablet h a t t h e improvementandinnovationo f technologyi n 4.0centuryhasstronglyaffectedtoeducationindustry.Internetandsocialnetworkingsitesplayacrucialinstrumentforhighereducationsector.Nowadays,many
Trang 37Internationalschoolsinthewholeworldareusinginternationalmarketingthroughsocialnetworktoattractinternationalstudents.Onanotherside,studentsalwaysgot o internetfortheirprocessofdecisionmaking(GomesandMurphy,2003).Thus,educationmarketerst o catchtheirs t u d e n t demandandcreatestrongrelationshipw i t h theirpotentialstudent’snetsincompetitivehighereducationsectors(Reddy,2 0 1 4 ) muste x p l o i t on l i n e marketing.British,Australiaa n d Singaporea r e consideringwebsitesa s aneffectivetool(MaringeandCarter,2 0 0 7 ) Andf o r instance,t h e y havemanyl o c a l agenciest o p u s h t h e i r i m a g e a n d promotethemselves.Uptodate,socialnetworkingsitessuchasFacebook,Twitter…
supporteducationmarketerstomarketandreachtheirprospectivestudents.Agreeingwitht h i s method,Aghaee,
(2010)demonstratedthatsocialnetworkwasusedtosupporth i g h e r education.Modernstudents,ofcourse,theyreferdigitalnative,butitisstilllimitationo f negativeaspectssi n c e i t i s losso f verbalcommunicationlikeb o d y language(Aghaee,2010)soaftersocialnetwork,educationconsultantagencieswillb e importantpersonstogivetheusefuladvicetostudents.
2.5 Socialnetworkingsites wasusedbyotherinternationalstudents
Socialnetworkinghasincreasinglychangedthew a y students,firms,industriesandeducationinstitutionsconducttheirbusinessandspreadinformation(Qualman,2010).Amongits,FacebookisbecomingthemostpopularchannelsandnearlyhalfofFacebookusersarestudents.So,Educationagenciesmusttofocusont h i s channeltoreachoutmorepotentialstudents (Reddy,2014).
Int h i s research,a u t h o r w i l l s t u d y a b o u t themostu s i n g socialnetworkingsiteslikeFacebook,Y o u T u b e , Twitter,LinkedInt o understanda n d thinka b o u t solutionsonits also.
2.6 OnlinecommunicationandVirtualplatforms
Educationagencieswouldsavemoneyandresourcesiftheyusesocialnetworkandtheyalsoreachmorepotentialstudents.Forexample,Facebook,
Trang 38Instagram,YouTubecanmakes u r e t o c o n n e c t w i t h allp r o s p e c t s t u d e n t s in 2 4 h o u r s persevendaysanditisveryaccessible.AsReddy(2014),nowmanyinternationalschoolsoffervirtualtourbygoingtotheirwebsites.Studentscanfindmuchphotography,videosabouttheirenvironment,facilities,classrooms,programs,library,andstadium.Choudaha(2013),statedt h a t videoso f institutioncampus,whichpostedtoYouTube,providedapotentialconvincingcommunication.Reddy(2014),h e alsodemonstratedi t i s necessaryi f Educationagencyoruniversityopenforumsforstudentstodiscussallabouttheirissuesanddesiresandencouragethemtoshare opinionorpersonal views.
UnderstandingaboutFacebook:itisthebiggestsocialnetworkthroughoutt h eworld.Itwas foundedo n 04February2 00 4f or Havard’sstudentsandtheni t expandedtoeveryoneuntilnow.ComponentsofFacebookare:profilesofperson,status,g r o u p s ,f a n pages…I n November2 0 0 7 , FanPagesconceptw a s launcheda n d created
thattimes.2 0 0 8 t he re had420universitiestakingadvantageof thisconcept.P eo pl ewhoa re liketh ispag e andbecometheir“Fans”willshare imageo fi t totheirfriendsandcreatetheviralmarketingeffect,itmeansthatwhenthefriendsseethefanpages,ift he y liketheywillb e another“Fan”o f thisorganization.Studentsn o w canj o i n manydifferentgroupst o interactw i t h othersa n d s h a r e experienceso r commentsa n d ofanytopicincludewhatevertheylikeorunlike.FacebookalsoareusingbyalmostUniversityandschoolnow.Theyopentheirpageforallmemberstojoinanduploadallinformationandurgentattentions,studygroupalsoverypopularnowonFacebook.I n Vietnam,t h e r e a r e manyAgentsa r e usingFacebookt o marketing,t h e y makemanylivestreams,opennewhotcontentslikeScholarshipevent,updatedv i s a policy,guidelinesf o r internationalst u d e nts ,
… Thenstudents,w h o a r e no w livingi n Facebook’scommunityt h e y spendalmostt he i r timeo n Facebookw i l l meettheAgentsthroughthischannelwillnotbedifficulttounderstand.Sawetal.(2012)
Trang 39Andhowa b o u t Youtube:Iti s t h e networkf o r sharingvideos.P e o p l e canuploadandsharetheirvideoclipsonYouTube.Theaudiencecangivetheircommentsandsharetheiropinionsundereveryvideo.Itwasfoundedin2005andn o w i s o n e o f t h e mostp o p u l a r channelsrelatedt o contentf r o m entertainmentsvideost o businessa n d educationvideosa r e promoted.YouTubei s t h e greatestinventiond u e t o i t i s a platformi n c l u d e s entertainmentvideosa n d educationalmedia,whichareusedbymillionsofpeopleonovertheworld.Nowadays,YouTubemoreandmorepopularandpeople
becauset h e y cann o t o n l y easyt o ge t informationb u t alsotheycanseea n d h e a r therealconcept.University,InstitutionandAgentsalsou s e i t t o makev i d e os aboutt h e i r facility,program,activities,communicationbetweenstudentsandschoolso r t h e realschooldayofanystudentsthetwillsteerotherpeoplelikeandfollowtomaket h e m trust.Allpeoplenowtheywanttofindthevideoswithsharingthereviewsorfeedback,iftheycanseeitbytherealoneandhearwhattheytalking,itwilleasytog e t intoaudiencemineset.AndbecauseasSawetal.
(2012)indicatedthatstudentsu s e YouTubefortheireducationpurposes.Yes,YouTubecanbeusetobeeffectivechannelfor Education Agentstodomarketing.
WecountinuewithTwitter:Itwascreatedin2006anditwasonlinenews.Twitterhasaninterfacethatallowsuserstosendandreadnewsormessagesfromo t h e r users.Twitterisatext-
basedthatislimitedto140characters.Itcanbeusefuli n education,bothforstudentsandteachers,byfacilitatingtheexchangeofinformationrelevantt o upcominge v e n t s andprojects.F u r t h e r more,studentscans h a r e theimportantlinksandmentiontheduedateoftheirnews.Atthesametimes,alla n o t h e r u s e r s w i l l receivet h e notificationsoo n theycanshare,f o r w a r d o r responetothiscontents(Jacqueminetal,2014).
Similart o Facebooko r Twitter,i t i s Instagram,peoplecancreateaccountw i t hhasprofileandnewsfeedanditissocialnetworkingapponsmartphonemadef o r sharingvideosandphotos.Allusersarefollowinganaccountcaneasyseethep h o t o s , videosornewsfeedwhenthisaccountpostittotheirownInstagram.And
Trang 40becauseInstagramnowcanbelinkedtoFacebooksostudentsorInstitution,especiallyEducationagentscanmakemanyhothashtagsalongwithmanyphotosa b o u t Internationalstudyabroadevents,Schoolvisit,…
whichsuchbreakingnewsh a s h t a g s fromAgentsorinstitutesrelatedtostudyabroadorpolicychangingthats t u d e n t s areinterestedincanbethebestwaytoengagemorepotentialstudentstof o l l o w andsharetootherpeoplewhowant toknow.
OnemorechannelthatauthorwanttounderstandisLinkedIn:Thiskindofsocialnetworkingsitewasdesignedtocreateprofessionalidentityonlineandkeepi n touchwithfriends;g e t moreprofessionalopportunity,businessc h a n c e , n e w ventures,inspirations,insights,…
(Reddy,2 0 1 4 ) Profileo f membero f LinkedInemphasizestheirhistoryandeducation.Itrequiresallmemberstogetpre-
existingrelationshiptojoin.SincethisistheprofessionalpagesoifAgentscanliveonthis,th e n moreinternationalschoolscanseetheirprofileandlinkwiththemforcorporationoverseasrecruitment.Theycant r u s t profilesi n L i n k e d I n m o r e t h a n others.Andfollowthischannel,EducationAgentscanhavepotentialtoreachtheh i g h levelofrecruitmentfromstudentswhocometheretoseekthetrustcompanyf o r h i g h e r education.
Finally,therearemanysocialnetworkingsitesthatUniversityorAgentscanu s e toattracttheirprospertivestudentsasauthormentionabove,andeachsitehasdifferentcharacteristicofdoingmarketing,marketingmustunderstandthesepointst o maketherightcontentsandstategy,carefullybeforepostinganytopictoincreaset h e spillovereffectsandtopicalfeatures.Bythisway,theycaneasierpromotetheirb r a n d nameandmarketing,advertisementsneverberedundant,justneedtoknowh o w t o chooset h e r i g h t target,r i g h t channela n d rightt o p i c o f interest,t h e y willdefinitelybecomefamous.
2.7 BenefitsofsocialnetworkingforEducation
Mostpreviousresearchshowedvalueofmarketingonsocialnetwork,butaf e w studiesfocused onbenefititwouldtakeinHighereducationrecruitment.Social