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Opportunity Analysis For: Tutor-Me
Opportunity Analysis For: Tutor-Me
Opportunity Analysis For: Tutor-Me
Tutor-me
Table of Contents.......................................................................................................................2
Introduction................................................................................................................................3
Company Description and Problem Statement....................................................................3
Company Analysis...............................................................................................................3
Market Situation.........................................................................................................................5
Market Overview....................................................................................................................5
Macro Environment Analysis.................................................................................................5
Political Analysis.................................................................................................................5
Economic Analysis..............................................................................................................5
Social Analysis....................................................................................................................6
Technological Analysis.......................................................................................................6
Legal Analysis.....................................................................................................................6
Micro Environment Analysis..................................................................................................7
Competitor Analysis............................................................................................................7
Competitive market Summary.............................................................................................8
Consumer Analysis..............................................................................................................9
Collaborator Analysis........................................................................................................10
SWOT Analysis.................................................................................................................10
Marketing Initiative and Goals.................................................................................................11
Reference List..........................................................................................................................12
Moreover, it’s not just her that felt this way, in Australia, communicating in English is a
widely acknowledged area in which international students need some additional assistance to
do better in their studies and to gain the maximum advantage from their Australian study
experience (Denise, 2017). Evidences from studies suggests that employers in Australia don’t
usually employ international students upon graduation due to trepidations with their
communication skills in English, cultural differences and a lack of understanding of
Australian Laws, in comparison to a domestic student (Kinash, 2015) Communication is also
one of the most highly sought skills among new graduates and without proper English
knowledge, it can hamper the placement opportunities of international students in Australia.
(Denise, 2017)
Company Analysis
Member of the Australian Tutoring Association, Tutor-me, primarily focuses on giving
English language tuitions to international students through either a classroom system, one on
one sessions or computer based as per the convenience of the student. The mission of the
institution is to reach out and give high quality English language training to the international
students who are in need to improve their communication skill in English. And the vision of
Our programs consists of, first, a Beginner English Class that focus in the basic English
writing and speaking skills that is needed in our daily life. Second is the Advance English
Class where the students learn how to converse with other in most of the aspects of the
practical, social, and professional concerns of interest to the student upon exit from the
program. These classes will be held in a classroom environment as well as in online setting,
as if required by the student, they can also apply for a one on one class to further improve
their language skill. This will be delivered by both professional tutor and a native speaker of
Australia and when possible, of the student’s own native country.
Market Overview
Tutor-me will be situated in the gold-coast region, the reason being that currently, there are
32,000 international students from over 130 countries studying on the Gold Coast. Australia
as a whole is a very international student friendly country but Gold Coast take it a step ahead
with more affordable living expenses, beautiful and fun paces, quality education and a really
diverse community (Study Gold Coast, n.d.). Moreover, due to the recent change in the
legislation, Gold Coast has been made a regional area so now will now be able to receive
25,000 international students under the new classification, which is predicted to significantly
grow the Gold Coast over the coming years (Monique, 2019).
Economic Analysis
The Economic aspect analyses the key factors of economic growth, supply and demand,
inflation and recession of the market (Will, 2018).
Major infrastructure projects such as expansion of the G: Link Light Rail network, the
development of the Health and Knowledge Precinct, the $300 million upgrade of
Gold Coast Airport, sporting infrastructure and the development of an Arts and
Cultural Precinct (Gold coast., n.d.).
The Gold Coast economy is valued at close to $25 billion (Gold coast., n.d.).
The employment base of Goldcoast will almost reach 300,000 people in the next
decade (Gold coast., n.d.).
Social Analysis
The Social factors include the demographics and age distribution, cultural attitudes, and
lifestyle trends of the market (Will, 2018).
The City of Gold Coast is Australia's sixth largest city, with a population of 687,460
people as of 2019 (world population review, 2019).
Nearly two-thirds of foreign-born residents of the city come from English-speaking
countries. However, there are increasing numbers of people moving to the city
from Asia, including China, Japan, the Philippines, South Korea, and India (world
population review, 2019).
The population of the Gold Coast is 51.4% female, according to the 2016 Census
(world population review, 2019).
With an assortment of natural experiences in close proximity to the city's business
hubs, the Gold Coast has an attractive work-life balance (Goldcoast., n.d.).
Technological Analysis
The Technological aspect consists of the specific role and development of technologies
within the sector and organization, as well as the wider uses, trends and changes in
technology (Will, 2018).
Legal Analysis
Legal factors are those that affect business such as consumer law, copyright law, and
corporate law (Will, 2018).
Australia has a competitive Corporate Tax Rate of 30 per cent and has corporate tax
breaks available for small to medium sized businesses (Goldcoast., n.d.).
Competitor Analysis
There are many competitors to the Tutor-me as they provide English language training to
individuals as well but in terms of direct competitors, that are specifically addressing the
needs of international students specifically, they are very few in number.
Consumer Analysis
International students
Aged 18+ college or university students who need help with Australian English
WHO
language and getting acclimatization in the Australian environment.
Delivery methods:
WHERE
Classroom
/HOW
Online
WHEN Every course runs for 2 months, depending on the arrival and the level of the student
To be able to converse properly in English with other people and make connections
with them
Collaborator Analysis
The primary target group for tutor-me are the international students incoming to the Gold
Coast, similarly, one of the target group of the universities and colleges in Gold Coast are
international students as well. If we could collaborate with these institutions, like Griffith
University, Southern Cross University and so on, then the enrollment number Tutor-me could
significant go up. As there are students in these institutions that take English language classes
before commencing the official course of the university/ College.
Strengths Weaknesses
Focuses on international
Focuses on international students
students New business in
New business in the
the market
market
Qualified and certified
Qualified and certified teachers
teachers as well
as well Similar products already
Similar products already in
in the
the market
market
as native speakers
as native speakers of of Australian
Australian with long established
with long established history
history
English
English No extra cirricular
No extra cirricular activities
activities
Safe environment to
Safe environment to conduct
conduct online
online limited finances
limited finances
classes
classes
limited start up
limited start up risk
risk with
with facilities
facilities
provided
provided byby the
the government
government to to
starting business in
starting business in regional
regional areas
areas
Opportunities Threats
Collaboration with universities
Collaboration with universities and
and
colleges in the
colleges in the area
area Entrance of new
Entrance of new businesses is highly
businesses is highly
Gold coast being
Gold coast being regional
regional area,
area, possible as there
possible as there are
are low
low bariers
bariers to
to
chances of high
chances of high incomming
incomming ofof entry.
entry.
international students inthe
international students inthe future
future Insurance costs are
Insurance costs are continually
continually
Australian Tutoring Association
Australian Tutoring Association (ATA)
(ATA) increasing
increasing
menbership gives us
menbership gives us wider
wider connection
connection
and recommendation to
and recommendation to students
students whowho
need our services
need our services and
and they
they give
give usus
additional resources as
additional resources as well.
well.
Tutor-me will be providing basic and advance English courses, primarily targeting 18+
international students of the universities and colleges. The mode of delivery for these courses
will be in a small sized classroom with maximum 10 students or they can attend the online
classes if their timings do not match with the class session or they can have a one-on-one
session with the teacher. We will try to separate the classes as per the student’s nationality for
the basic classes as they will be given by the native speaker of the student’s country. And for
the Advance classes, an ATA certified teacher will be taking the intensive class. Students will
then be introduced to native Australian speakers and be encouraged to converse with them.
Marketing goals
To get the ATA accreditation for tutor-me by march 2020 and a premium
accreditation by June 2021.
Being a member of ATA lands tutor-me with a lot of benefits, which includes access to free
accreditation, discounted insurance, and discounted web design. Accredited ATA members
represent the highest standards of tutoring in the nation, and arguably globally as well and
this will be a major promotion material for tutor-me if achieved (Australian Tutoring
Association, n.d.).
Furthermore, with a premium accreditation, the business will be known as the one with the
highest professional standards in the industry and are ranked first on any search. Tutor-me
will be promoted and given prime placement as a premium accreditation business on the
ATA website (Australian Tutoring Association, n.d.).
DOI: 10.1080/02188791.2017.1298515
Kinash, S. (2015). International education won’t remain key Australian export industry if we
https://www.criterionconferences.com/blog/tertiary-education/international-education-
wont- remain-key-australian-export-industry-dont-solve-graduate-employability-problems/
Mohammad, R.A. (2018). The use of technology in engish language learning: A literature
10.29252/ijree.3.2.115
continue-boosting-regional-gold-coast/
Government: https://advance.qld.gov.au/entrepreneurs-and-startups
regional-to-bring-in-more-migrants
https://www.studygoldcoast.org.au/why-study-on-the-gold-coast/
analysis.asp
http://worldpopulationreview.com/world-cities/gold-coast-population/