Abstract
Tuition is a critical consideration for families who plan to send their children for superior high school. In any purchase strategy, ability to pay (ATP) and willingness to pay (WTP) have a different understanding. ATP depends on any information related to families’ wealth while WTP is determined by how families’ perceived the value proposition provided. This study aims to measure WTP and identify the factors that influence the tuition of superior high school, so it can be use in determining marketing strategies and pricing strategies. This data was collected by questionnaire to 360 respondents obtained during student admission of SMA Unggul Del. The relationship of factors that influence the WTP is determined by multiple linear regression methods. Based on the analysis, the average WTP is Rp1.135.322,22, while the mode value is Rp1.000.000,00 per month. Factors influencing WTP are the age of parents, income level, and parent’s WTP ratio of the tuition of SMA Unggul Del with that of other favorite school. Based on these factors, to be able to target parents of students with higher WTP, an effective marketing strategy is targeting parents with higher income levels, younger, and perceive SMA Unggul Del more than other schools.
Highlights
Education is one of the important things for the society
Middle education is the level of education after primary education that includes senior high school based on Indonesian culture
Primary education is the level before middle education that includes elementary school and junior high school
Summary
Education is one of the important things for the society. One of the education level that can be taken is middle education. Middle education is the level of education after primary education that includes senior high school based on Indonesian culture. Primary education is the level before middle education that includes elementary school and junior high school. Students have to graduate from junior high school to get to senior high school. For students who are still in third grade of junior high school in Indonesia, senior high school become a dilemma because they will be dealing with various considerations. One of the things to consider is the tuition. The tuition fee is important for the continuity of the education cycle in universities. People who are more capable to pay the education cost will choose services from the
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