I find this an interesting topic. When I started Market Mapping plus back in 1990, one of my mantras over all these years has been "Track response". Why? If you don't track where your prospects and students are coming from, how do you know where to allocate resources?
Yes, 26 years later I keep asking clients "what gives you the best response?" and they have no idea. The opportunities for spending your marketing dollars are expanding significantly. In the past, you had direct mail (postal) as one of the only and primary methods of advertising. Since then the market has expanded to include Billboards, Facebook, Instagram, Snapchat, Twitter, the CAS Devices (like the Amazon Echo) which are new technologies that dilute your marketing budget. But how do you decide which method to fund?
I had a client many years ago who hired me to evaluate their Adult Student marketing program. I evaluated all of the methods of advertising, told them to start keycoding ads/direct mail pieces to identify where a lead came from. After the first quarter of testing this new coding system I had a meeting with the VP of Enrollment Management and asked him which methods were the most effective? He gave me his top 3. Of his top 3, there were zero leads from the top two. The #1 method of advertising was direct mail postal postcards. Marriage mail and newspaper insert programs generated nothing in terms of response. So they reallocated their budget to become more effective in their marketing efforts.
The ultimate question is "How do we track all of these marketing programs?". The key is integrating some method of knowing where a lead came from. For printed marketing materials a user code to identify the source of the lead, and in some cases, the source of the name. Where did it come from? What list? For Facebook, Snapchat, Instagram, Twitter use a unique code to identify where a lead got motivated to contact you and enroll.
There is an easier way to track campaign success. For every Adult Student who enrolls, give them a short survey. Ask them what got them to enroll to get their degree. This is the best and easiest method of finding out what's working.
If you need help setting up a quality tracking program give me a call. David Fant, Market Mapping plus Inc. at 616-956-7129, or write me at david@marketmappingplus.com.
Showing posts with label Higher Education. Show all posts
Showing posts with label Higher Education. Show all posts
Tuesday, January 9, 2018
Thursday, December 8, 2011
If you build it, they may not come! Thoughts on closing the sale.
I have been conducting e-mail campaigns for a few years now. In that time, I have sent out over 1 million prospect letters to prospects for undergraduate degree completion programs or graduate programs. An interesting trend has occured that I didn't anticipate, nor did I expect. Most clients look at their direct mail/e-mail campaigns as an end all and be all. Literally "If we send it they will come" perspective. Yet, like most campaigns a few facts need to be reviewed.
First if you watch TV, look in magazines, read newspapers, what strikes you about the ads that you see? Yes, there may be too many of them, but, the fact is, they are repetitive! In order to generate sales, businesses have learned to repeat the same message over and over again to get someone's attention. This is the first rule that I see happening. Mail fewer pieces but send them more often is very helpful when planning a direct marketing program.
Second, something particular to e-mail campaigns is what are prospects "clicking through to"? Basically most clients click through to the program web page, or to the general website for their school. There is no way you can track performance if you do this. They go, disappear into the mass of traffic that goes directly to your website. You MUST create a landing page. That page is specifically designed to do two things. One, capture their name/address/phone and e-mail. Next you MUST succinctly state your special offer for them giving you their information. As an example, if you offer a $1,000 scholarship for registering and attending your institution, the landing page informs them that if they don't fill out this form, they will not be eligible for the scholarship. Cause and effect. You want $1,000, tell us who you are.
Third, follow up on the campaign. Using the landing page, using whatever response vehicle you can manage contact, these prospects multiple times, just like commercial retailers do. The recency/frequency of contact are keys in winning over prospects.
So, how do you build an effective e-mail campaign? That will be in the next blog within the next few days.
First if you watch TV, look in magazines, read newspapers, what strikes you about the ads that you see? Yes, there may be too many of them, but, the fact is, they are repetitive! In order to generate sales, businesses have learned to repeat the same message over and over again to get someone's attention. This is the first rule that I see happening. Mail fewer pieces but send them more often is very helpful when planning a direct marketing program.
Second, something particular to e-mail campaigns is what are prospects "clicking through to"? Basically most clients click through to the program web page, or to the general website for their school. There is no way you can track performance if you do this. They go, disappear into the mass of traffic that goes directly to your website. You MUST create a landing page. That page is specifically designed to do two things. One, capture their name/address/phone and e-mail. Next you MUST succinctly state your special offer for them giving you their information. As an example, if you offer a $1,000 scholarship for registering and attending your institution, the landing page informs them that if they don't fill out this form, they will not be eligible for the scholarship. Cause and effect. You want $1,000, tell us who you are.
Third, follow up on the campaign. Using the landing page, using whatever response vehicle you can manage contact, these prospects multiple times, just like commercial retailers do. The recency/frequency of contact are keys in winning over prospects.
So, how do you build an effective e-mail campaign? That will be in the next blog within the next few days.
Thursday, August 18, 2011
Where do prospect names come from for e-mail campaigns
This is a common question I get from clients and prospects regarding where our prospect names come from for our e-mail campaigns. Eveyone has the preconceived notion that there are bots out there, combing every e-mail server harvesting names left and right. Those names are then placed in a massive database and sold. Actually, this does in fact happen and as you might know, these lists are garbage. We ONLY use double opt-in e-mail addresses. What is the difference between a harvested e-mail list and a double opt-in mailing list?
Basicially a double opt-in mailing list is created by someone REQUESTING information on a given topic not by them having their e-mail address "stolen" from them. Maybe they are interested in boating, hunting, cars, furthering their education, or changing careers. The process for obtaining these names is simple and straight forward.
People start by searching the web looking for educational opportunities, they find our web site(s) or maybe they receive an e-mail asking them if they are interested in getting a degree in xyz field. They click the link and fill out a form asking that they be put on the mailing list for educational opportunities in that field of study. There are over 60 fields of study that we track. This is step one in a a double opt in system.
For the next step they will receive a follow up e-mail asking them to confirm that they did, in fact, want to receive further e-mails from us that are related to educational opportunities. (Or any other of a hundred interest areas.) If they click accept, a cookie is placed on their computer so that further e-mails from us will bypass their filtering system and be delivered to their inbox. It's this confirmation step that makes our database a double opt-in program. This process also makes our lists Can-Spam compliant.
One other key factor to consider is that most people own multiple accounts. These e-mail addresses tend to be home/personal addresses, but I know in the case of my wife and I we have 9email accounts between us. I have two business accounts and 5 personal accounts (Gmail, Yahoo, AOL) and my wife has two accounts (Yahoo, AOL). At any given time I use multiple addresses for form completion or when asking for more information. So it is very possible that someone may have filled out multiple requests using different e-mails. There is no real way of eliminating the duplicates, but where there are duplicates you are assured that they will be receiving your request. We typically e-mail 10% more e-mails than are ordered to cover bounces, but our bounce/non-deliverable rate is typically less than 10%.
One last thought. Many e-mail lists that are created by bots have an infinite life. They use them over and over and over again, even when the address has gone dead. We however, send a confirming e-mail every two months to every e-mail in our database (yes, millions of conformations) asking the recipient if they still have an interest in whatever topic they selected. If they say no, they are removed from the database, if they say yes, they stay. Each e-mail campaign also has an opt-out option at the bottom of the page. A recent campaign of 182,000 e-mails got 24 opt-outs. Not a significant number, and a testament to the quality of the names on the list.
I hope this helps! Contact us for your next e-mail campaign and we will help you reach your needed student prospects.
Wednesday, February 24, 2010
Comments on Stamats Adult Education Conference
I'm attending the Stamats Adult Education conference in San Antonio this week as one of their conference sponsors. Yesterday we had a presentation on Integrated Marketing Plans. It was interesting and quite insightful and unfortunately I can't post the entire presentation here. I do have a few observations/ideas that came from the presentation.
Don't Over Promise - Always remember when developing ALL forms of marketing...What you promise you MUST produce! More students leave an institution when they realize that the promises made in advertising, campus meetings have not been kept.
Tracking Performance - When doing different types of marketing tracking performance is critical. (More on this in a later blog.) When you are measuring your marketing program you are an investment, without measurement on performance and success you are an expense.
Strategy - The purpose of strategy is to differentiate your institution from your competitors in ways that target audiences value.
Commodity vs Brand - Which are you? A commodity is something people select using cost and convenience as the primary decision point. A Brand is selected based on the institutions Brand/Quality/Reputation.
Competitors - Identify the 5 or 6 key competitors in your market area. DON'T market or do what they do, be different. Set yourself apart.
How you think about your performance. - Marketing people tend to look at what they did. I produced 20 brochures, 15 events. Don't fall into this trap. focus on OUTCOMES. I got 200 people to attend an open house. We received 400 leads for Admissions to sell.
Brand Marketing - Who you are, what you are. Basically your brand or what I call institutional promotional marketing/advertising.
Direct Marketing - Designed to create a response. Use this to drive admissions, participation in institutional events.
I found this final comment to be SOOOO insightful. Direct Marketing has never changed, The PROCESS has changed. Don't let the internet, social media, or more traditional methods of marketing shift your focus. Find a way to integrate these new media into your media mix but the new methods of direct marketing are just that NEW. Don't put all your eggs in one basket.
I will write more. Time for day 2.
Don't Over Promise - Always remember when developing ALL forms of marketing...What you promise you MUST produce! More students leave an institution when they realize that the promises made in advertising, campus meetings have not been kept.
Tracking Performance - When doing different types of marketing tracking performance is critical. (More on this in a later blog.) When you are measuring your marketing program you are an investment, without measurement on performance and success you are an expense.
Strategy - The purpose of strategy is to differentiate your institution from your competitors in ways that target audiences value.
Commodity vs Brand - Which are you? A commodity is something people select using cost and convenience as the primary decision point. A Brand is selected based on the institutions Brand/Quality/Reputation.
Competitors - Identify the 5 or 6 key competitors in your market area. DON'T market or do what they do, be different. Set yourself apart.
How you think about your performance. - Marketing people tend to look at what they did. I produced 20 brochures, 15 events. Don't fall into this trap. focus on OUTCOMES. I got 200 people to attend an open house. We received 400 leads for Admissions to sell.
Brand Marketing - Who you are, what you are. Basically your brand or what I call institutional promotional marketing/advertising.
Direct Marketing - Designed to create a response. Use this to drive admissions, participation in institutional events.
I found this final comment to be SOOOO insightful. Direct Marketing has never changed, The PROCESS has changed. Don't let the internet, social media, or more traditional methods of marketing shift your focus. Find a way to integrate these new media into your media mix but the new methods of direct marketing are just that NEW. Don't put all your eggs in one basket.
I will write more. Time for day 2.
Labels:
Admissions,
Adult Education,
direct mail,
Higher Education,
Marketing
Tuesday, December 15, 2009
Have you been a prospect lately?
I was reading a trade magazine the other day and came across an interesting article. The magazine was for catalog marketing; tips, techniques, trends, etc. One of the central ideas they focused on was "Have you been a customer today?" Their idea was a wonderful one. We get so wrapped up in day to day work, we forget to look at what our marketing program looks like from a STUDENT'S perspective.
That raised an interesting question in my mind. How does YOUR institution handle prospective students? From the time a you start a campaign and a lead comes in, whether by mail, phone call, web site, social media. How is that lead handled? Who touches the lead? What is sent to them? How is this prospect treated, classified (hot, warm or cold lead)? And how is your staff interfacing with these prospects (if they are at all)?
In addition to the above questions, is your website easy to navigate? I have visited many clients and prospect's websites. Some websites are complicated to use AND the only way you can get any detailed program information is to contact the Office of Admissions. Make it easy for prospects to see exactly what they are getting for their education. Not only program information, but social activities, athletics, not as individual discussions (ie: one section for athletics, another for classes, yet another for community information), but how they all relate to the Higher Education experience! Here are some key thoughts for you to consider:
1) At least once a month, sign on to your website. Your goal is to see what it looks like, read the content again, is it attractive to prospective students and check all of your links, page connections to make sure they still work.
2) Fill out forms! Do they work?
3) Read your website as if you're a prospect. As someone with NO knowledge of your school. Does your website make sense? Is it inviting? Are answers there for even the most basic questions?
4) What does your website say about YOUR institution? Is the copy, approach and content different for adult students when compared to high school students? And how easy is it to find key information regarding admissions?
5) Are you using texting and/or social media in a way that your prospects use these services?
The idea of a mystery shopper can be applied to checking how YOUR admissions recruitment is done. Market Mapping plus LLC can set up a program to contact your institution for more information. Once that contact is initiated, we will follow all future contact's to see how you are doing. Did you send the requested information? How long did it take to receive that information? Were there follow-up contacts in a way that the prospect wanted to be contacted? All done with a full report at the end of the study. We will also evaluate how easy your website is to navigate, and provide suggestions on how to improve your website with copy suggestions, reorgainzation of key elements or a change in approach. Whatever is necessary to help you become more "prospect friendly" in this age of information.
In the words of Ron Popeil, don't "set it and forget it"! Keep in touch with your systems, your image and your outside contact points in order to keep up to date, functional and effective.
That raised an interesting question in my mind. How does YOUR institution handle prospective students? From the time a you start a campaign and a lead comes in, whether by mail, phone call, web site, social media. How is that lead handled? Who touches the lead? What is sent to them? How is this prospect treated, classified (hot, warm or cold lead)? And how is your staff interfacing with these prospects (if they are at all)?
In addition to the above questions, is your website easy to navigate? I have visited many clients and prospect's websites. Some websites are complicated to use AND the only way you can get any detailed program information is to contact the Office of Admissions. Make it easy for prospects to see exactly what they are getting for their education. Not only program information, but social activities, athletics, not as individual discussions (ie: one section for athletics, another for classes, yet another for community information), but how they all relate to the Higher Education experience! Here are some key thoughts for you to consider:
1) At least once a month, sign on to your website. Your goal is to see what it looks like, read the content again, is it attractive to prospective students and check all of your links, page connections to make sure they still work.
2) Fill out forms! Do they work?
3) Read your website as if you're a prospect. As someone with NO knowledge of your school. Does your website make sense? Is it inviting? Are answers there for even the most basic questions?
4) What does your website say about YOUR institution? Is the copy, approach and content different for adult students when compared to high school students? And how easy is it to find key information regarding admissions?
5) Are you using texting and/or social media in a way that your prospects use these services?
Following these five tips can help you focus on what's important, getting more students to register and ATTEND your institution. So many times we overlook the basics and worry more about the trees than the forest. Remember, attending a college or university is exciting, frightening, intense, fun and fulfilling if the match is right. The initial contact you make, just like meeting someone face to face for the first time, is a lasting impression. If they don't like how you interface with them either via mail, phone, website, texting, blogging, you will never get them as a student.
The idea of a mystery shopper can be applied to checking how YOUR admissions recruitment is done. Market Mapping plus LLC can set up a program to contact your institution for more information. Once that contact is initiated, we will follow all future contact's to see how you are doing. Did you send the requested information? How long did it take to receive that information? Were there follow-up contacts in a way that the prospect wanted to be contacted? All done with a full report at the end of the study. We will also evaluate how easy your website is to navigate, and provide suggestions on how to improve your website with copy suggestions, reorgainzation of key elements or a change in approach. Whatever is necessary to help you become more "prospect friendly" in this age of information.
In the words of Ron Popeil, don't "set it and forget it"! Keep in touch with your systems, your image and your outside contact points in order to keep up to date, functional and effective.
Labels:
Admissions,
Advertising,
Colleges,
Higher Education,
Marketing,
Promotion,
Universities
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