different for a reason: executing on purposeful uniqueness

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DIFFERENT FOR A REASON: EXECUTING ON PURPOSEFUL UNIQUENESS TODD GIBBY KARI KOVAR CEO Intelliworks Regional Director DATAMARK

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Page 1: Different for a Reason: Executing on Purposeful Uniqueness

DIFFERENT FOR A REASON:EXECUTING ON PURPOSEFUL UNIQUENESS

TODD GIBBY KARI KOVAR

CEOIntelliworks

Regional DirectorDATAMARK

Page 2: Different for a Reason: Executing on Purposeful Uniqueness

“I believe that every person has uniqueness -I believe that every person has uniqueness something that nobody else has.”

- Michael Schenker

“Feeling unique is no indication of uniqueness.”

D C l d- Doug Coupland

Page 3: Different for a Reason: Executing on Purposeful Uniqueness

EXECUTING ON PURPOSEFUL UNIQUENESSEXECUTING ON PURPOSEFUL UNIQUENESS

THE PERILS OF NEGLECTWAVE YOUR MAGIC WANDGRANT ONLY ONE WISHGRANT ONLY ONE WISH

Page 4: Different for a Reason: Executing on Purposeful Uniqueness

MANAGING THE STUDENT LIFECYCLEMANAGING THE STUDENT LIFECYCLE

AAwarenessInquiryFollow UpEngagementQualificationApplicationpp

EnrollmentRetention

Admissions

Retention

CompletionCompletion

Page 5: Different for a Reason: Executing on Purposeful Uniqueness

THE FOUR �“WHY�’S�”

Growth

Intelligence

Quality Efficiency

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THE PERILS OF NEGLECT�—THE TOP OF THE FUNNELTHE PERILS OF NEGLECT THE TOP OF THE FUNNEL

AAwarenessInquiryFollow UpEngagementQualificationApplicationpp

EnrollmentRetention

Admissions

Retention

CompletionCompletion

Page 7: Different for a Reason: Executing on Purposeful Uniqueness

THE PERILS OF NEGLECT�—THE TOP OF THE FUNNELTHE TOP OF THE FUNNEL

Page 8: Different for a Reason: Executing on Purposeful Uniqueness

THE PERILS OF NEGLECT�—THE TOP OF THE FUNNELTHE PERILS OF NEGLECT THE TOP OF THE FUNNEL

�“Those who did not complete areThose who did not complete aremore likely than those whocompleted college to haveselected their school based onconvenience rather than

d i �”academics.�”

If you�’re promoting convenience,what are you doing to ensureretention?

Source: �“With their Whole Lives Ahead of them�”,A Public Agenda Report for THE Bill & Melinda Gates Foundation December 2009A Public Agenda Report for THE Bill & Melinda Gates Foundation, December 2009

Page 9: Different for a Reason: Executing on Purposeful Uniqueness

THE PERILS OF NEGLECT�—THE MIDDLE OF THE FUNNELTHE PERILS OF NEGLECT THE MIDDLE OF THE FUNNEL

AAwarenessInquiryFollow UpEngagementQualificationApplicationpp

EnrollmentRetention

Admissions

Retention

CompletionCompletion

Page 10: Different for a Reason: Executing on Purposeful Uniqueness

The perils of neglect: middle of theTHE PERILS OF NEGLECT�—THE MIDDLE OF THE FUNNEL

funnelTHE MIDDLE OF THE FUNNEL

Page 11: Different for a Reason: Executing on Purposeful Uniqueness

THE PERILS OF NEGLECT�—THE MIDDLE OF THE FUNNEL

Source: Stamats Adult Students Talk 2008

Page 12: Different for a Reason: Executing on Purposeful Uniqueness

THE PERILS OF NEGLECT�—THE MIDDLE OF THE FUNNEL

Why Pursue Additional Education?

• 87% desire personal enrichment

• 83% want to increase their income

• 65% want to improve their job satisfactionp j

• 63% want to prove they can do it

• 61% hope to advance within their current job or career

• 60% are considering changing their careers• 60% are considering changing their careers

• 57% have always enjoyed education

• 51% want to be a role model for their family

• 45% need to due to personal circumstances/major lifechanges

Source: Stamats Adult Students Talk 2009

Page 13: Different for a Reason: Executing on Purposeful Uniqueness

THE PERILS OF NEGLECT THE MIDDLE OF THE FUNNELTHE PERILS OF NEGLECT�—THE MIDDLE OF THE FUNNEL

6%

2%

28%

Career Advancement

Earn More Money

l h

Student Motivations

52%Personal Enrichment

Change Careers

Other

12%

Source: Intelliworks Linkedin Poll, October 2009 (n = 355)

Page 14: Different for a Reason: Executing on Purposeful Uniqueness

THE PERILS OF NEGLECT�—THE MIDDLE OF THE FUNNEL

15%18%

I d E i /S l

How Institutions Prove ROI

20%6%

Increased Earnings/Salary

Improved Job Placement

Reached Personal Goals

Advanced to Higher Degree

33%

Do Not Track

Source: Intelliworks Linkedin Poll, October 2009 (n = 355)

Page 15: Different for a Reason: Executing on Purposeful Uniqueness

THE PERILS OF NEGLECT�—THE BOTTOM OF THE FUNNEL

AAwareness

Inquiry

Follow Up

Engagement

Qualification

Application

Enrollment

Retention

Admissions

CompletionCompletion

Page 16: Different for a Reason: Executing on Purposeful Uniqueness

THE PERILS OF NEGLECT�—THE PERILS OF NEGLECT�—THE BOTTOM OF THE FUNNEL

Page 17: Different for a Reason: Executing on Purposeful Uniqueness

THE PERILS OF NEGLECT THE BOTTOM OF THE FUNNELTHE PERILS OF NEGLECT�—THE BOTTOM OF THE FUNNEL

DropoutsNo scholarship or financial aid

Scholarship or financial aid

GraduatesNo scholarship or financial aid

Scholarship or financial aid

31%43%

57%69%

57%

Source: �“With their Whole Lives Ahead of them�”,A Public Agenda Report for The Bill & Melinda Gates Foundation December 2009A Public Agenda Report for The Bill & Melinda Gates Foundation, December 2009

Page 18: Different for a Reason: Executing on Purposeful Uniqueness

EXECUTING ON PURPOSEFUL UNIQUENESSEXECUTING ON PURPOSEFUL UNIQUENESS

THE PERILS OF NEGLECTWAVE YOUR MAGIC WANDGRANT ONLY ONE WISHGRANT ONLY ONE WISH

Page 19: Different for a Reason: Executing on Purposeful Uniqueness

WAVE YOURWAND�—TOP OF THE FUNNELWAVE YOURWAND TOP OF THE FUNNEL

AAwarenessInquiryFollow UpEngagementQualificationApplicationpp

EnrollmentRetention

Admissions

Retention

CompletionCompletion

Page 20: Different for a Reason: Executing on Purposeful Uniqueness

WAVE YOURWAND�—TOP THE TOP OF THE FUNNELWAVE YOURWAND TOP THE TOP OF THE FUNNEL

Page 21: Different for a Reason: Executing on Purposeful Uniqueness

WAVE YOURWAND�—PREDICTIVE MODELING

Page 22: Different for a Reason: Executing on Purposeful Uniqueness

WAVE YOURWAND�—LEADSCORINGWAVE YOURWAND LEADSCORING

LeadScoring

SegmentLeads Enrollments Starts

% of Total Count % of Total Count % of TotalSegment

Leads Enrollments Starts

% of Total Count % of Total Count % of TotalSegment

Leads Enrollments Starts

% of Total Count % of Total Count % of TotalLeadScoringidentified whichleads were morelikely to enroll

20 5.3% 2,461 9.1% 2,018 7.4%

19 5.0% 1,727 6.8% 1,359 5.3%

18 4.9% 1,390 5.5% 1,056 4.2%

17 4.8% 1,106 4.5% 845 3.4%

16 4.8% 1,011 4.1% 786 3.2%

20 5.3% 2,461 9.1% 2,018 7.4%

19 5.0% 1,727 6.8% 1,359 5.3%

18 4.9% 1,390 5.5% 1,056 4.2%

17 4.8% 1,106 4.5% 845 3.4%

16 4.8% 1,011 4.1% 786 3.2%

20 5.3% 2,461 9.1% 2,018 7.4%

19 5.0% 1,727 6.8% 1,359 5.3%

18 4.9% 1,390 5.5% 1,056 4.2%

17 4.8% 1,106 4.5% 845 3.4%

16 4.8% 1,011 4.1% 786 3.2% likely to enrolland start classes

16 4.8% 1,011 4.1% 786 3.2%

15 4.7% 807 3.4% 604 2.5%

14 4.9% 811 3.2% 590 2.3%

13 4.9% 692 2.8% 512 2.0%

12 4.9% 639 2.6% 454 1.8%

16 4.8% 1,011 4.1% 786 3.2%

15 4.7% 807 3.4% 604 2.5%

14 4.9% 811 3.2% 590 2.3%

13 4.9% 692 2.8% 512 2.0%

12 4.9% 639 2.6% 454 1.8%

16 4.8% 1,011 4.1% 786 3.2%

15 4.7% 807 3.4% 604 2.5%

14 4.9% 811 3.2% 590 2.3%

13 4.9% 692 2.8% 512 2.0%

12 4.9% 639 2.6% 454 1.8%

LeadScoringid ifi d

11 4.7% 517 2.1% 354 1.5%

10 5.1% 518 2.0% 378 1.5%

9 4.9% 424 1.7% 311 1.2%

8 5.0% 344 1.3% 233 0.9%

7 5 0% 315 1 2% 224 0 9%

11 4.7% 517 2.1% 354 1.5%

10 5.1% 518 2.0% 378 1.5%

9 4.9% 424 1.7% 311 1.2%

8 5.0% 344 1.3% 233 0.9%

7 5 0% 315 1 2% 224 0 9%

11 4.7% 517 2.1% 354 1.5%

10 5.1% 518 2.0% 378 1.5%

9 4.9% 424 1.7% 311 1.2%

8 5.0% 344 1.3% 233 0.9%

7 5 0% 315 1 2% 224 0 9% identified poorquality leads thathave a very lowprobability of starting

7 5.0% 315 1.2% 224 0.9%

6 4.9% 317 1.3% 208 0.8%

5 5.1% 273 1.0% 182 0.7%

4 5.3% 211 0.8% 141 0.5%

3 5.2% 177 0.7% 124 0.5%

7 5.0% 315 1.2% 224 0.9%

6 4.9% 317 1.3% 208 0.8%

5 5.1% 273 1.0% 182 0.7%

4 5.3% 211 0.8% 141 0.5%

3 5.2% 177 0.7% 124 0.5%

7 5.0% 315 1.2% 224 0.9%

6 4.9% 317 1.3% 208 0.8%

5 5.1% 273 1.0% 182 0.7%

4 5.3% 211 0.8% 141 0.5%

3 5.2% 177 0.7% 124 0.5%probability of startingclasses

2 5.2% 106 0.4% 72 0.3%

1 5.5% 83 0.3% 43 0.2%

Total 100% 13,929 2.7% 10,494 2.0%

2 5.2% 106 0.4% 72 0.3%

1 5.5% 83 0.3% 43 0.2%

Total 100% 13,929 2.7% 10,494 2.0%

2 5.2% 106 0.4% 72 0.3%

1 5.5% 83 0.3% 43 0.2%

Total 100% 13,929 2.7% 10,494 2.0%

Page 23: Different for a Reason: Executing on Purposeful Uniqueness

WAVE YOURWAND�—MARKETING CHANNELS

Page 24: Different for a Reason: Executing on Purposeful Uniqueness

CHANNEL CONFLICT?

�• Surveyed one hundred 18 24 year olds regarding theirpreferred communications channels when interacting withcolleges and universities.

�• Opinions varied based on the level of interaction and stage inthe lifecycle.

�• Many prefer multiple options over a single channel.

Page 25: Different for a Reason: Executing on Purposeful Uniqueness

WAVE YOURWAND�—THE TOP OF THE FUNNEL CONTINUEDWAVE YOURWAND THE TOP OF THE FUNNEL CONTINUED...

Pull PushVS.

Page 26: Different for a Reason: Executing on Purposeful Uniqueness

PREFERRED COMMUNICATIONS CHANNELS

Q: Would you want to receive information about a college oruniversity via ?y __________________

Yes No

9275 74

96 84

825 26

4 16

92 96 84

Text Message Email Facebook Telephone Postal Mail

Source: Intelliworks LinkedIn Poll, January 2010 (n=100)

Page 27: Different for a Reason: Executing on Purposeful Uniqueness
Page 28: Different for a Reason: Executing on Purposeful Uniqueness

EMAIL PREFERRED FOR ADMISSIONS NOTIFICATIONS

Q: Would you want a college or university to contact you viaregarding your admissions status?__________________ g g y

Yes No

4422

79 6442

5678

21 3658

Text Message Email Facebook Telephone Postal Mail

Source: Intelliworks LinkedIn Poll, January 2010 (n=100)

Page 29: Different for a Reason: Executing on Purposeful Uniqueness

THE TAKEAWAY?

�• Let them find you!

�• 97% of students begin theirsearch online. (Source: Stamats)

h• Invest in search and convertingleads once they hit your Website.

• Once they�’ve found you, engagethem on their turf�…email andsocial media.

• DON�’T SPAM

Page 30: Different for a Reason: Executing on Purposeful Uniqueness

WAVE YOURWAND�—THE MIDDLE OF THE FUNNELWAVE YOURWAND THE MIDDLE OF THE FUNNEL

AAwarenessInquiryFollow UpEngagementQualificationApplicationpp

EnrollmentRetention

Admissions

Retention

CompletionCompletion

Page 31: Different for a Reason: Executing on Purposeful Uniqueness

WAVE YOURWAND�—THE MIDDLE OF THE FUNNELWAVE YOURWAND THE MIDDLE OF THE FUNNEL

Follow the 3 C�’s:

�• Coordinated

�• Consistent

C lli�• Compelling

Page 32: Different for a Reason: Executing on Purposeful Uniqueness

WAVE YOURWAND�—THE MIDDLE OF THE FUNNELWAVE YOURWAND THE MIDDLE OF THE FUNNEL

FIU Business:

�• Info Session Attendance up more than 200% over 3 years

�• Applicants up more than 50% over 3 years

Ad i h 60% 3�• Admits up more than 60% over 3 years

�• Enrolled up nearly 75% over 3 years

Page 33: Different for a Reason: Executing on Purposeful Uniqueness

WAVE YOURWAND�—THE BOTTOM OF THE FUNNELWAVE YOURWAND THE BOTTOM OF THE FUNNEL

AAwareness

Inquiry

Follow Up

Engagement

Qualification

Application

Enrollment

Retention

Admissions

CompletionCompletion

Page 34: Different for a Reason: Executing on Purposeful Uniqueness

WAVE YOURWAND�—THE BOTTOM OF THE FUNNELWAVE YOURWAND THE BOTTOM OF THE FUNNEL

10 Keys to Success

1. Know your students

2. Hire good communicators

3. Build �“hoop less�” admissions and financial aid processes

4. Take a proactive approach to student advising

5. Automate routine communications

6. Hire faculty suited to online teaching

7. Set and maintain high standards for student/faculty communication

8 Evaluate evaluate evaluate8. Evaluate, evaluate, evaluate

9. Check your program�’s vital signs regularly

10. Use cross functional teams to develop enhancements andimprovementsimprovements

Page 35: Different for a Reason: Executing on Purposeful Uniqueness

EXECUTING ON PURPOSEFUL UNIQUENESSEXECUTING ON PURPOSEFUL UNIQUENESS

THE PERILS OF NEGLECTWAVE YOUR MAGIC WANDGRANT ONLY ONE WISHGRANT ONLY ONE WISH

Page 36: Different for a Reason: Executing on Purposeful Uniqueness

GRANT ONLY ONE WISH�—THE FUNNELS WITHIN THE FUNNELGRANT ONLY ONE WISH THE FUNNELS WITHIN THE FUNNEL

Source: 2008, Noel Levitz

Page 37: Different for a Reason: Executing on Purposeful Uniqueness

GRANT ONLY ONE WISH�—TYING IT ALL TOGETHER

ONLINE ONLY HYBRID AND GROUND

COST PER INQUIRY $45 $60 $50 $70

COST PER APPLICATION $900 $3 000 $1 000 $3 500COST PER APPLICATION $900 $3,000 $1,000 $3,500

COST PER ENROLL $1,100 $4,000 $1,250 $ 4,250

Page 38: Different for a Reason: Executing on Purposeful Uniqueness

GRANT ONLY ONE WISH�—STEP BY STEP

• TOP OF FUNNEL: DEVELOP YOUR IN HOUSE LIST VIA OPT IN

• MIDDLE OF FUNNEL: WEB SITE CONVEYS UNIQUENESS

• BOTTOM: REDUCE ONE LAYER OF COMPLEXITY

MEASURE, MEASURE, MEASURE!

Page 39: Different for a Reason: Executing on Purposeful Uniqueness

�“Th i i f i k f h i�“The precision of naming takes away from the uniquenessof seeing.�”

Pierre Bonnard

Page 40: Different for a Reason: Executing on Purposeful Uniqueness

THE ENDTHE END.

K i K R i l Didd ibb Kari Kovar, Regional Director

2305 Presidents Circle

Salt Lake City, UT 84120

C 319 538 5389

Todd Gibby, CEO

7315 Wisconsin Ave., Suite 200W

Bethesda, MD 20814

C 240 238 3242 C: 319.538.5389

E: [email protected]

WWW.DATAMARK.COM

C: 240.238.3242

E: [email protected]

WWW.INTELLIWORKS.COM