using linkedin to deepen relationships throughout the entire student lifecycle
TRANSCRIPT
How marketers can best influence the student decision journey
Using LinkedIn to Deepen Relationships Throughout the Entire Student Lifecycle
Overview
Four Trends Shaping the Future of Education
Three Trends Putting Wind in Our Sails
LinkedIn’s Solutions & Point of View
Platform Insights & Higher Education Research
Partner Case Study
Chapter 1
Four Trends Shaping the Future of Education
Affordability is in the Spotlight
#1
Measuring Outcomes Increasingly Important
#2
Higher Ed Decisions Becoming More Social
45% of prospective MBA students say word of mouth recommendations are more important than rankings
Carrington Crisp. Tomorrow’s MBA 2014
#1 Friends and family are the top non-school resource when researching b-schools
2014 GMAC Prospective Students Survey
#3
Relationships Matter: Social Impacts Your School’s Visibility
#4
Oracle, Social Media Today and Leader Networks, “The Social Enabled Enterprise: a 2013 research study”, Worldwide, Sep 2013
91% 81%
Increased visibility with customers
Increased loyalty
Declining interest in MBA
Shrinking future audience
Competition has increased
Cost per inquiries rising
It’s a Challenging World for Education Marketers
Chapter 2
Three Trends Putting Wind in Our Sails
Online Learning is Proliferating Like Never Before
TREND ONE
270k+ Lynda Videos Supplement curricula
Promote faculty and staff development
Support classroom technologies
Drive student engagement and success
TREND TWO
Technology is Enabling Better Measurement of Student Success
Measurement & Adaptive Learning Are Progressing
Employers Increasingly Working with Education Providers to Develop Curricula
TREND THREE
Partnering for Graduate Success & Employment
Chapter 3
LinkedIn’s Solutions & Point of View
The LinkedIn Value Proposition for Higher Education: The most effective platform to impact the entire student-professional journey
LinkedIn is the business dashboard for the world’s professionals
Stay Connected Stay Informed Get Hired
Over 400 million members in over 200 countries and territories.
Sources: LinkedIn data; Buying power and business decision makers as calculated by comScore, Aug 2014 Mediametrix data for US
USA 122M+
EMEA 127M+
APAC 78M+
LATAM 55M+
Schools Companies Knowledge Skills Members Jobs
The Economic Graph
400M+ 4M+ 3M+ 25K+ 17M+ presentations
1M+ long-form posts
270K+ Lynda videos
Particularly on professional social networks Students Seek Educational Information Online
LinkedIn survey – US April 2014
86%
54%
53%
49%
39%
38%
32%
22%
22%
Institution Website
Online News Publication
Peers
Professional Social
Brochures
Friends / Family
Trade Events / Open-days
Personal Social Networks
Professional networks used over 2x more than personal networks
Research Schools
Acquire Knowledge
Develop Profile
Build Network
Connect with Alumni
Internship
Job
Upgrade Skills
Develop Career
Support Causes
LinkedIn Products (Paid & Organic) Support the Entire Student-Professional Journey
LinkedIn Products Support All Major Educational Departments
Admission
Education
Career Services Development
IP/Thought Leadership
Marketing
Educational Institution
The Education Marketing Funnel is Inefficient
SEE AND CLICK ON ADS
CONVERT TO ENROLLMENTS
CONVERT TO LEADS
GRADUATE/COMPLETE THE PROGRAM
ACHIEVE MEANINGFUL EMPLOYMENT
MARKETERS’ FOCUS
LinkedIn Changes the Shape of the Marketing Funnel
MARKETERS’ FOCUS LINKEDIN IMPACT AREA
SEE AND CLICK ON ADS
CONVERT TO ENROLLMENTS
CONVERT TO LEADS
GRADUATE/COMPLETE THE PROGRAM
ACHIEVE MEANINGFUL EMPLOYMENT
LinkedIn Leads are More Complete and Qualified
MARKETERS’ FOCUS LINKEDIN IMPACT AREA
SEE AND CLICK ON ADS
CONVERT TO ENROLLMENTS
CONVERT TO LEADS
GRADUATE/COMPLETE THE PROGRAM
ACHIEVE MEANINGFUL EMPLOYMENT
LinkedIn Can Turn Enrollees into Graduates
MARKETERS’ FOCUS LINKEDIN IMPACT AREA
SEE AND CLICK ON ADS
CONVERT TO ENROLLMENTS
CONVERT TO LEADS
GRADUATE/COMPLETE THE PROGRAM
ACHIEVE MEANINGFUL EMPLOYMENT
LinkedIn Products Make Graduates More Successful
MARKETERS’ FOCUS LINKEDIN IMPACT AREA
SEE AND CLICK ON ADS
CONVERT TO ENROLLMENTS
CONVERT TO LEADS
GRADUATE/COMPLETE THE PROGRAM
ACHIEVE MEANINGFUL EMPLOYMENT
MARKETERS’ FOCUS LINKEDIN IMPACT AREA
Increased Positive Outcomes Makes Future Marketing More Efficient
SEE AND CLICK ON ADS
CONVERT TO ENROLLMENTS
CONVERT TO LEADS
GRADUATE/COMPLETE THE PROGRAM
ACHIEVE MEANINGFUL EMPLOYMENT
SUC
CES
SFU
L G
RA
DU
ATES
W
ILL
HEL
P TH
EIR
CA
USE
31
How LinkedIn Helps Higher Education Marketers Today
Reach only the right people
Deliver highly relevant content in the right channel
Acquire new customers
Imagine if the funnel worked like it should
Onsite Display Network Display
Sponsored Updates
Sponsored InMail
Lead Accelerator
Full-funnel analytics & reporting
products that impact every stage of your funnel and get results
The only full-funnel professional platform
Connections
Company Industry
Size
Skills
Gender Education
Geo
Groups
Standardized job titles
Seniority Function
Occupation
Powered by rich first-party data
35
So, what does this allow you to do?
Be Relevant Early InMail 2.0 + Sponsored Updates
Be Everywhere On and Off Desktop
Be Helpful Throughout Outcomes / School Finder
Be Helpful Throughout Alumni Tool
Measure It All
Future Developments
2016 Product Themes
Enhanced targeting through various advancements that allow marketers to show & demonstrate proof of successful outcomes
Expand ways for brands to engage prospects with content both on and off LinkedIn
Strive for simplicity, give marketers access to a holistic view of their LinkedIn programs, and make it easy for them to attribute value.
Make it Easy to Use & Measure Success
Drive Next Level Performance
Extend Program Reach
Chapter 4
Platform Insights & Higher Education Research
1 – 2015 Survey of College and University Admissions Directors, Inside Higher Ed 2 – Job Growth and Educational Requirements through 2020, Georgetown University, 2014
of admissions directors did not meet their 2015
enrollment goals
58%
of all American jobs will require some sort of
education beyond high school by 2018
63%
It’s challenging to convert prospects to students but the value of the degree is still there
How can higher education marketers impact the decision process of today’s
empowered prospect?
?
LinkedIn Survey and Internal Data: August 2015
This deck features U.S. Results 1,627 total respondents including: • 502 MBA / Masters Intenders • 524 MBA / Masters Grads
Understanding today’s higher education decision journey We surveyed 15,000+ respondents on LinkedIn
Brazil
Australia
India
Germany
UK
France
USA
Canada
Hong Kong
Singapore
Netherlands
South Korea
Japan Spain
Peer groups and professional networks are a significant influence
Millennials are driven by a different mindset than
Gen X
Prospects seek specific content
at each stage
The decision process is exclusive and it’s critical
to make the shortlist
Key Findings
The decision-making process is exclusive
Only 3 schools make the prospects’ shortlist
72% develop their shortlist before reaching out to
a school representative
93% end up enrolling at a school from
their shortlist
Base: MBA and Masters Grads (n=524)
It’s critical to make the short list
Friends and peers are key influencers
Institution website
Friends/ Peers
Information Sessions
Professional Networks
55%
50%
25%
Professional networks are 3x as influential as personal networks
Professional Networks
Personal Networks 8%
25% 25%
Top influential sources when considering further education
Base: MBA and Masters Intenders (n=502)
Increased earnings drives the higher education decision
26%
32%
48%
48%
54%
Increased confidence in my current job
Develop leadership skills
Passion for learning
The need to up-skill
Seeking a higher salary
Increasing Trend: Skill development to compete in today’s world
Base: MBA and Masters Intenders (n=502)
Top 5 factors influencing the decision to undertake higher education
Millennials (18-34) Gen X (35-49)
Seek a higher salary Passion for learning
Need to up-skill Need to up-skill
Passion for learning Seek a higher salary
Develop leadership skills Develop leadership skills
Millennials and GenXers both have a strong passion for learning, but for different reasons
1
Base: MBA and Masters Intenders (n=502)
2
3
4
1
2
3
4
Top factors influencing decision to undertake higher education
64%
71%
79%
83%
90%
Location of campus
Tuition fees
University reputation (overall)
Program format
Faculty/teacher quality
University Ranking came in 7th
Base: MBA and Masters Intenders (n=502)
Respondents who intend to undertake a Masters or MBA
When deciding where to study, quality of learning experience is more important than cost
Flexible study options are essential But there are differences by age
Base: MBA and Masters Intenders (n=502)
48%
41%
33%
26% 24%
Part-Time Local Online Hybrid ( face-to-face and online)
Full-Time Local (in-country)
Full-Time Local (within commuting
distance)
GenXers are 58% more likely to want online study options.
Millennials are 21% more likely to want part-time local study options.
Top types of information sought by intenders in each stage of the higher education decision-making process:
Giving them relevant content at each stage will help keep schools top of mind
AWARENESS DISCOVERY SELECTION
Career Advice
Information on courses and degree programs
Expert commentary and reviews
Staff and lecturer profiles
Alumni profiles/achievements
Institution rankings
Education and industry news
Base: MBA and Masters Intenders (n=502)
Top types of information sought by intenders in each stage of the higher education decision-making process:
Giving them relevant content at each stage will help keep schools top of mind
AWARENESS DISCOVERY SELECTION
Base: MBA and Masters Intenders (n=502)
Peer groups and professional networks are a significant influence
Millennials are driven by a different mindset than
Gen X
Prospects seek specific content
at each stage
Key Findings
Implication: Engage early in the
decision process with a relevant content marketing strategy
Implication: Understand the nuances
of your audience and target them with relevant content by decision stage
Implication: Test different types of content for Millennials vs. Gen X that address their different drivers
Implication: Arm alumni and
professional groups with information that is easily shared with prospective
students
The decision-making process is exclusive and making the short list is
critical
57
What insights do you have about audience quality?
“Financial Resilience” of the LinkedIn audience is
very high
“Grit” (or likelihood of perseverance) of the LinkedIn audience is
significantly better
Key Findings
40%
50%
60%
70%
80%
90%
100%
18-34 35-54 55-65 Age
% who “probably” or “certainly” could come up with $2,000 next month for an unexpected need
*Sample size: US Adults = 1,931 (from Lusardi, Schneider & Tufano, 2011), LinkedIn Members = 1,096, For-Profit SU Clickers = 1,326.
LinkedIn Members Are More Financially Resilient
3.0
3.2
3.4
3.6
3.8
4.0
4.2
25-34 35-44 45-54 55-64 Age
Mean Grit Score
*Sample size: US Adults = 1,554 (from Duckworth & Quinn, 2009), LinkedIn Members = 1,096. Grit scores based on 8-item grit scale.
LinkedIn Members Also Have Significantly Higher Grit
3.0
3.2
3.4
3.6
3.8
4.0
4.2
25-34 35-44 45-54 55-64 Age
Mean Grit Score
*Sample size: US Adults = 1,554 (from Duckworth & Quinn, 2009), LinkedIn Members = 1,096, For-Profit SU Clickers = 1,326. Grit scores based on 8-item grit scale.
And For-Profit Intenders Have Significantly Higher Grit
LinkedIn survey – US April 2014
of members are at least considering
further study
49%
LinkedIn members are highly driven to undertake further education
12%
6% 7%
10%
0-6 6-12 12-18 18+
Months
35%
14%
Aren’t sure yet
Likely to undertake future study in the next...
Kellogg Case Study
LinkedIn Paid Social Kellogg Executive Education 2015
KELLOGG EXECUTIVE EDUCATION
Copyright or confidentiality statement. 64
Kellogg Executive Education • Non-degree program to help senior leaders who may
have gone to business school decades ago keep their skills current.
• Where executives build dynamic skillsets to stay ahead of market needs.
• For individuals looking to grow in their careers. • For leaders looking to grow their people.
Copyright or confidentiality statement. 65
Experience and Offerings • Approximately 50 open-enrollment programs to choose
from, covering leadership, governance, management, strategy, operations, and more.
• Immersive, collaborative learning environment that balances academic theory with real-world application.
• Programs range from three days to three weeks. • Led by globally recognized scholars and award-winning
practitioners. • Opportunities to engage with industry experts and peers.
Copyright or confidentiality statement. 66
Goals and Tactics • Goals
– Lead generation (top-of-funnel, allowing us to regularly market via email and other channels)
• Benefits of LinkedIn – A targeted market of executives who are already in a
business-and-learning mindset when they find our posts in their feed
– Traffic to conversion-focused landing pages also allows for fast testing of new concepts
– Gain in followers is a notable secondary benefit Copyright or confidentiality statement. 67
Successful Posts
Copyright or confidentiality statement. 68
Successful Posts
Copyright or confidentiality statement. 69
Results
Copyright or confidentiality statement. 70
Q & A
Thank You