Updated: Jun 18, 2019
Trends and indicators
A solid regional sales strategy often starts with the selection of focus markets. Occasionally, organisations sub-divide territories in different tiers depending on the level of sales pro-activity and investment they are budgeting. More frequently, organisations hand-pick the countries they are going to look after pro-actively in a given territory and deploy a much more reactive approach towards opportunities outside the core geographical locations.
Market prioritization is therefore key to both middle and long-term success.
Poorly selected country priorities for a given region will not only result in quotas and growth expectations not being met, but also important legal, operations, marketing and product resources wasted. Market analysis for education technology initiatives is not that different from other industries. However, education technology initiatives can follow B2B or B2C models, and also target very different institutional groups, government, schools, universities, business schools, corporations, vocational schools, etc. The specific edtech niche bias and go-to-market approach will influence the weight and importance of diverse quantitative and qualitative indicators.
Traditional quantitative indicadors
Student enrolment projections
Enrolment in public vs private institutions
Per-student investment in technology
At the macro level, Latin America is a very interesting region for northern american based projects. It has more than 600M population and $5.1tn GDP, in a region that speaks only two main languages and that continues to grow. Internet and smartphone penetration continue to grow and education is seen in most instances as a way up to the next social layer. However, there is also currency fluctuation and political challenges to be weighted. In fact, Brazil´s turmoil is pulling down growth expectations for the region in the next 2-3 years.
At EDT we deem critical additional indicators while analysing the size and readiness of a given territory.
EDT´S sugested quantitative indicadors
Cost of education vs cost of living
Public vs private school/university ratio
Fitch and S&P ratings on country debt