Analysis of Corporate Competition Strategies and Marketing Strategies in English Training Market in China
Taking New Oriental Education and Wall Street English as Examples
- DOI
- 10.2991/aebmr.k.210803.001How to use a DOI?
- Keywords
- English education industry, PEST, Corporate marketing strategy, Corporate development strategy, Corporate competitive strategy
- Abstract
Due to thirty years of reform and opening up, the market dividends have promoted the rapid rise of English education industry in China. Nowadays, with the global economic integration and the accelerated development of the knowledge economy, the industry will face new market challenges and opportunities. This article utilizes methods of existing theoretical review, literature analysis and actual case studies, by taking New Oriental Technology Education Group and Wall Street English (China) as examples to compare their development, competitive sand marketing strategies, analyzing the advantages and disadvantages of them, and finally giving suggestions for their market development. This study found that the formulation of scientific and reasonable corporate strategies and the implementation of effective market strategies are significant to enhance the competitiveness and profitability of enterprises and ultimately realize their sustainable development.
- Copyright
- © 2021, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Peng Wei PY - 2021 DA - 2021/08/04 TI - Analysis of Corporate Competition Strategies and Marketing Strategies in English Training Market in China BT - Proceedings of the 1st International Symposium on Innovative Management and Economics (ISIME 2021) PB - Atlantis Press SP - 1 EP - 6 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.210803.001 DO - 10.2991/aebmr.k.210803.001 ID - Wei2021 ER -