Why Competing with Public Schools is Easier than Competing with Walmart
According to the National Center for Education Statistics (NCES), in the fall of 2021, approximately 4.7 million students were enrolled in private K-12 schools, representing about 9% of the total student population in both public and private schools. In comparison, public schools enrolled around 48 million students during the same period (NCES). This data shows a stable trend in private school enrollment over the past decade, with some fluctuation caused by the pandemic.
When it comes to private schools, the bulk of your competition comes from public schools. But here's the kicker: competing against public schools is much easier than going head-to-head with giants like Walmart. We are lucky!
The Advantage of Limited Expansion
Think of Walmart as a snowball rolling downhill, continuously growing and drawing in more customers. Its capacity to expand is almost limitless, often taking customers from competitors like Target, Home Depot, or Krogers. On the other hand, public schools don’t grow as readily. Even the best public schools are likely to pack more students into existing spaces rather than expand significantly. Funding constraints, especially for programs that don’t boost state-wide exam scores, further limit their ability to grow. The largest branded private school competitors in your market don't have the Walmart mindset either. They limit their numbers. They are unlikely to double their enrollment over the next five years or move up more than 1-3% in any given year. That gives you an opportunity. You just have to understand who the true competition is.
To compete effectively, you, as the underdog, need to understand what you are up against.
领英推荐
In the realm of private K-12 education, understanding your competition and leveraging your unique strengths is crucial. Public schools, while numerous, are constrained in their growth. For the private school market, remember, it's not about competing with every school out there—it's about identifying where you can win and doubling down on those areas. In this strategic battle, your greatest asset is your ability to provide a tailored, high-quality educational experience that public schools simply cannot match. Against the private schools, it’s all about your differentiation. Stay focused on the right targets and feel lucky that the board expectations around your enrollment isn’t the Walmart model.
Searching for a TRANSFORMATIVE PROGRAM crafted exclusively for Enrollment Management Professionals of Color?
Sidwell Friends School, Washington, D.C. August 11- 13
Sponsored by www.EMforSchools.com, www.AISAP.org, and www.Strategenius.org