A Framework for Value Based Direct Marketing in Higher Education

We send a lot of direct mail. Millions of pieces go out every year for our colleges and universities.

With clients who are constantly forced to do more with less and rising postage rates, it’s our responsibility to make sure that our schools get the best return on their direct marketing dollar.

With that it mind, we’ve created a value based framework for factoring which students should receive print mail.

The Value-Based Direct Marketing Framework

Higher-Education-Direct-Marketing-Grid

How to Use the Direct Marketing Framework

The dimensions of the framework are expected retention rate (ETR) and response rate. Low to medium ETR students do not get a mailing, but may receive an email instead. Since the return on your enrollment marketing investment will be low, you should waste valuable dollars on them. High predicted ETRs and low Low expected response rates do not receive direct mail either.

The logic here is simple. If students are not going to reply, don’t reach out them.

On the other end of the spectrum, high expected response rates get priority for direct mail pieces. Lower predicted ETRs still receive mail, but it should be your most cost-effective piece.

By focusing on the students who are most likely to respond you can cut your marketing budget, or use the extra dollars to create mind-blowing work that creates a full experience for the student or parents.

In summary, look at the value of your students and determine which are likely to reply to your direct marketing. Students are unlikely to enroll, graduate or respond should receive no direct mail or should only receive emails.


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Incorporating Social Media With Your Campus Tour

In our last post, we talked about utilizing QR codes to create a self-guided campus tour. Not ready to make that leap into the QR realm? Here is a stopgap measure that might be a less expensive and more immediate way to turn any visitor carrying a smartphone into his/her own tour guide!

Many social media outlets now incorporate geo-tagging into their applications. Don’t let the term sound fancier than it is. Geo-tagging is the ability to use a smartphone’s GPS feature to help attach the user’s location to a post on a social networking site such as Facebook or Twitter.

This is a perfect new tool for your enrollment marketing toolbox.  There is one popular geo-tagging app that is encouraging businesses to utilize it for the purpose of promoting their locations or products: Foursquare. This is the app we will focus on for the purpose of creating a social media-driven campus tour.

The Set-up:

  1. Log onto Foursquare and claim your campus. Chances are there are multiple entries out there already. The one you claim will be the one you can edit and access analytics about.
  2. Take it beyond macro. Claim every building on campus. This may not be ideal for a vertical urban campus, but should be relatively easy for any campus with multiple buildings spread slightly apart.
  3. Create content for each location you’ve claimed. This is not your college website. Foursquare is a social media and geo-tag driven game. Remember to keep the content light. You can add links to drive students to your own website to add depth.
  4. Encourage your tour guides to use it immediately. Your tour guides or ambassadors are current students with credibility in the eyes of prospects. Encourage them to check-in often and to post honest, yet positive thoughts on their experiences in each building.
  5. Assign someone to monitor the comments on the locations. Foursquare can be a conversation generator. You want to know what’s being said about the different locations. This can be done by an Admission Counselor, a student intern, a tour guide, etc.

The Advantages:

  1. It’s free. At the moment, Foursquare is not charging businesses for the ability to claim their venue, edit the content there or access web analytics.
  2. It’s easy. Almost anyone can get the ball rolling, you don’t necessarily need someone from IT. As a matter of fact, this might be a great project for your new hires or your new tour guides. Have them do some research on each building and then put together your brief copy for each venue. They will get more familiar with campus as they put together their first big project for you!
  3. It’s fun. Foursquare is a game. Users are encouraged to check-in often, comment, etc.
  4. It’s social. Foursquare ties into social media sites such as Twitter and Facebook. By checking in on your campus, not only are your visitors learning more about you, they are telling all of their friends about it simultaneously! This takes word-of-mouth to a whole new level.

Engaging someone in conversation doesn’t mean walking up to them and shaking their hand anymore. Conversations occur when you are not even there. If you are not ready to engage visitors to your campus at any moment, you risk losing potential students.

Mark Twain once said, “I was seldom able to see an opportunity until it had ceased to be one.” Self-guided tours of your campus powered by either QR technology, Foursquare or both can help ensure that you never miss the opportunity to engage a campus visitor again.

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Five Features Your Net Price Calculator Needs

Thanks to everyone who took time out of their busy schedule to join TWG Plus yesterday for our webinar on the five features your net price calculator needs. While this is a product we offer, this presentation is designed to be a resource, not a sales pitch.

If you have any questions about the presentation, or would like to setup a demo to review our Net Price Calculator, please feel free to contact us.

A Net Price Calculator Fit For A Princess

“Officials at many colleges have come to see the net-price calculator as something that could make a big difference in their admissions outcomes, rather than a routine matter of compliance.” (Beckie Supiano, The Chronicle of Higher Education)

There’s no doubt that newly mandated college calculators are a valuable resource to students searching for the school with the “glass slipper fit”. A new idea, however, suggests that these nifty number-pluggers are more than just a calculation tool but an extension of the school’s brand itself.

Why, then, would it be valuable for schools to invest in a generic calculator—one kin to calculators featured on competitors’ websites?

Federal-issued calculators are bone dry on the customization level. Clients who choose to invest in calculators developed by mainstream companies—such as College Board—will just have the “custom features” of their website’s design plugged into an even bigger calculator (one yielding the same ‘answer’ for all of its clients in terms of web design).

When it comes to customization (i.e. incorporating custom financial information and branding into a completely unique net price calculator), federal and highly commercialized calculators are the evil stepsisters chasing that glass slipper.

To experience the functionality and customization that The Whelan Group’s Net Price Calculators offers, read more and then schedule a demo.

Clients looking to develop a calculator through TWG can do so at a discounted price before the clock strikes midnight on December 31st.

For questions or details, contact us.

Higher Ed’s 5 Best Mobile Campuses

Talk about admissions leveraging: IvyWise, a New York-based counseling company, recently released a new list that will undoubtedly sway college applicants’ school decisions.

Universities on this list have been identified as being up with “cutting-edge” technologies in their classrooms and have been nationally recognized for utilizing mobile devices to “store and deliver recorded lectures, syllabi, homework, tests, and a host of other information that can be accessed any time, anywhere on campus.”

Some campuses on the list, such as The University of Missouri, mandated Apple® products in their classes last year, and offered financial aid to “students who couldn’t shell out a few hundred dollars for a new Apple® product.”

Other schools, namely Seton Hill, are excited about the new capabilities the iPad has to offer and will be adopting its eReader services in classrooms this year.

Universities are willing to absorb technological costs because “putting [these] devices in students’ hands marked a strategic decision to shift resources and invest in technologies that optimize the students’ access to resources”, claims Seton Hill’s President JoAnne Boyle.

These five schools made the cut:
1. Seton Hill University in Greensburg, PA
2. Stanford University
3. The University of Maryland’s College Park Campus
4. Ohio State University
5. The University of Missouri

Continue reading about how these college campuses are using mobile devices in the classroom.