Insights from the Higher Ed Experts

BY Anthony Campisi | April 17th, 2019

Conversion Challenges: Do you have the right people in your funnel?

Let’s examine your leads, prospects and future students.

Top of the Funnel = Leads

Depending on who you talk to — marketing, admissions, administrators, faculty — these may be the most important people in your funnel and the ones that deserve the highest dollar investment. If your leads are qualified, engaged and ripe for the opportunity at hand (your degree program), they will be much more likely to turn into prospects and seated students. Sounds obvious, right? Then why are there so many temptations to shortcut the lead generation process?

If you’ve ever purchased a list and then watched your email campaign bounce rates triple, or tried to “cast a wide net” with a digital advertising deal that seemed too good to be true, you’ve fallen prey to marketing advice that leaves you with fewer dollars and lots of time wasted. A laser-focused digital strategy that utilizes multiple platforms, compelling ad creative and targeted media may seem insurmountable with your time and budget constraints, but in the long run it can pay off. In fact, 500 quality leads will serve you better than 10,000 expired email addresses you’ve obtained with antiquated mass marketing tactics. And you’ll see the fruits of your labor as your leads convert into the middle of the funnel.

Middle of the Funnel = Prospects

This is where leads turn into real prospects — if the strategic lead generation strategy you implemented at the top of the funnel worked. The middle of the funnel is where the churn begins. Prospects are beginning to ask themselves questions like: Is it time to go back to school? Should I continue to work while I earn my degree? Is an in-person, online or hybrid program right for me? What can I afford? And this is also where you step in to answer those questions.

A targeted email communications flow to address barriers can speak to their concerns. A video or other media on your website can help them decide which program is right for them. A personal outreach or an invitation to an event from the admissions staff or call center can set their minds at ease. If you’re making these efforts at engaging them and you’ve spent the time and money to make sure they’re qualified, you’ll find that the transition from lead to prospect is much smoother.

Bottom of the Funnel = Future Students

As your prospects continue the decision making process, your team’s efforts are pivotal in converting them. It does seem however that it is much easier to convert the right candidate than someone who was never right to begin with — even if they appear ideal on paper. See, the way that prospects appear on paper is very different from their current mindsets. They are more than just numbers, demographics and job titles. They are complex people with real lives, families, circumstances and ambitions. When you market to them, it is imperative to meet them on their journeys — where they are both physically and mentally.

If you focus your efforts early on, you can better connect with the right people at the right time — which is where the magic happens. Once they make it to this point in the funnel, they’ve already been qualified by a fantastic marketing strategy and are ready to be pulled through the funnel by admissions. And congratulations, you’re on your way to filling your next class.

Insights from the Higher Ed Experts

BY Anthony Campisi | April 3rd, 2019

Your prospects have stopped engaging. Now what?

It’s crunch time. You’re finishing your final round of admissions events for the year. Your class is starting to round itself out, but you’ve still got those final seats to fill. You’re looking at each and every lead in your funnel, trying to predict which ones will take action.

If you’re like many schools, you’ve got a group of stagnant leads that you’re wondering about. Did they decide to pursue another program/school/path and forgot to let you know? Or is it possible that they may emerge from the black hole of grad school prospects and raise their hands, magically giving you that last push across the finish line of filling your class.

Stagnant leads are tricky for many reasons. Here are a few ideas on what to do with them.

Consider the decision timeline for your program

Some programs like MAcc or MSF, have an immediate decision cycle because students are coming straight out of undergrad. If you haven’t heard from them after a year, it may be time to purge them. With an MBA, the prospects could take up to 1-2 years as they are early in their careers and trying to figure out how to move up or switch directions. For an executive program such as an EMBA, it’s important to give prospects the time they need for their decision because they are weighing (already successful) careers and families to find the right time to weave school into their busy lives. Of course, you want to be sure that your messages aren’t falling on deaf ears, but giving them the time they need, even if it’s up to 5 years, may be necessary.

Audit your current communications mix

Within your current channels, is your messaging getting tired? It may be time to try something new. If an audit of your ads/emails/social/etc. reveals low response rates, get creative with your content. Are you only promoting events? Try some value added content like infographics or videos. Are you tirelessly pushing for applications, with no submissions? Try hosting an informal webinar. Other enticing information can be high profile alumni profiles or student stories. If you’ve tried these things to no avail, it may be time to develop or evolve your digital strategy.

Cater to your target and their communications preferences

You’ve heard the buzzwords surrounding multi-generational workforces. Catering your messaging to prospects with different mindsets – even if you’re inviting them to the same event – can work to your advantage. Here are a few ideas on communicating to different generations:

Boomers – prefer face-to-face interaction but also like a balance of voicemail and email
GenX – prefer succinct email, but since they strive for work-life balance, prefer business communications during working hours
Millennials – prefer all forms of online communication, but need prompt feedback

Of course, these are broad generalizations. If you’re having trouble connecting with a particular age group, do some research on their communication preferences.

Vary your calls to action

Get creative. If you’re seeing some engagement, i.e. they opened the email but didn’t click, consider what you’re asking them to do. Is it too tall of an order to request that they start an application in an email if they haven’t attended an event yet? Is it possible that something is holding them back from attending an event and perhaps they’d like to connect on the phone first? Try being flexible and varying your calls to action and see what happens.

Ask them if they’d like to opt out

“No way!” may be what you’re thinking. But consider this…how many emails do you get in your inbox per day? How many online ads or social media posts do you see per day? People are overloaded. Couldn’t everyone benefit from a little less noise? A short email to prospects who’ve been stagnant may actually spur the action you want as they say, “I’ve been watching from the sidelines for too long and now it’s time for me to act!”

Insights from the Higher Ed Experts

BY Alicia Lyons | March 29th, 2019

Awareness Ads vs. Remarketing Ads: What’s Missing from Your Online Campaigns?

At GPRS we employ a full funnel approach. You may be comfortable with search and display ads, but how experienced are you with awareness and remarketing campaigns? Without them, there’s a very good chance you’re missing out on critical leads.

Awareness Campaigns

An awareness campaign lives at the very top of the funnel. They are the simplest campaigns to deploy. A potential lead has never heard of your program. They may be considering going back to school to further their career but don’t know yet which college they’d like to attend. They may be researching through Google when they come across your awareness ad.

An awareness ad is directed at a large audience, often using broad keywords in order to cast a wide net for potential leads. These ads take a much softer approach to sales than remarketing ads, which many times encourage prospective students to “Apply Now!” or push them with an admissions deadline. In an awareness campaign, you might choose to highlight that you are a top-ranked university with the kind of program that would interest them. They may not be familiar with your school, or the options you provide, but a well-written awareness ad could entice them to explore further and request information – or a contact.

An awareness ad can be a search, display, or social media ad. A search ad should include general information about your school and the degree program. You can peak their interest with words like – “No GMAT” or “Fixed Tuition”. You could try highlighting degree length or overall ROI. Display ads should include welcoming or interesting images that will catch the browser’s eye. The Call to Action (CTA) is usually a term such as “Learn More” and will lead to the homepage of your degree program’s website. This way candidates are given the opportunity to educate themselves on your programs.

Things to remember when creating an awareness campaign:

Don’t overcrowd ads with information but use brief enticing headlines
To optimize your budget, work on your geo-targeting and audience demographics
Employ an omni-channel campaign incorporating all of the marketing platforms including Google Ads, social media, your website, and SEO

Most leads will not convert with an awareness campaign alone, but it is a critical step in filling the funnel for the long term. And a foundation for remarketing campaigns to activate.

Remarketing Campaigns

There may be times when you’re browsing Facebook and you suddenly start to see ads from a website that you have visited in the past. This is an example of a remarketing campaign. A remarketing campaign is aimed at a much narrower audience. These individuals have already visited your website but haven’t yet converted.

A remarketing campaign typically has a much stronger sell. You can encourage prospects to apply by stressing your admissions deadline, advertising an upcoming event, or encouraging them to contact an admissions counselor. Remarketing campaigns can have a CTA of “Apply Now!”, “Download our Brochure”, or “Contact Admissions”.

Things to remember about remarketing campaigns:

Start remarketing with your top performing ads
Back up your results by tracking your campaigns
Choose the optimal frequency cap to not over saturate your audience

Great marketing plans start with a solid awareness strategy to capture the top of the funnel audience, followed by a strong remarketing campaign strategy to nurture those leads into conversions. Remember the audience that is being retargeted has already been imprinted with your brand, and has shown a level of interest – now you have a foundation from which to build on.

Insights from the Higher Ed Experts

BY Anthony Campisi | March 15th, 2019

Why your local marketing agency won’t help you meet your enrollment goals.

There’s a firm in town that’s been reaching out. They’re really nice, and have a great website. Some of the other departments are using them and seem to like them. Sounds like a no-brainer for your graduate program’s needs, right?

Unfortunately not, and this is a very common mistake. Further, it holds especially true if the program was looking for qualified lead generation that could be directly associated with enrollment, and not simply a brand advertising campaign.

So why is the local agency the wrong choice? It’s not because they’re local, but because they’re generalists. Of course they’ll tell you that their marketing expertise can be applied across industries, and is transferrable. And even show you successful examples of that. But this is different, graduate program marketing and recruitment is a unique animal. The consumers are savvy, they’re difficult to pinpoint and connect with, and the decision making cycle can be lengthy before they choose to enroll.

Contending with very specific personas which require unique messages is another challenge. Like veterans, stay-at-home-moms looking to return to the workforce, future entrepreneurs, those looking to change careers, and the more typical professional looking to advance their career or add to their skill sets.

Industry experience, mastery of lead generation channels, and highly capable measurement platforms for optimization and match back ROI are some of the most important factors you should consider when hiring support. Graduate programs do not have the luxury of gambling with their marketing budgets – they need as close to a sure thing as they can find.

I recently talked to an MBA program that chose a local firm 9 months ago because their colleagues were using them. Now that program director is panicking because she’s at risk of having her marketing budget cut by her superior. Why, because though the firm got them exposure, and they received a lot of clicks, and some leads, applications are down and the enrollment window is quickly closing. She shared that her boss was convinced, as a result of the previous efforts, that digital marketing doesn’t work for their program and that there’s less demand for MBA programs. That’s exactly the opposite of what we’re seeing across our clients. But then again that comes from highly specialized experience, exposure to programs across the entire country, and a data warehouse full of patterns highlighting the path to enrollment success.