Archive for the ‘Closing the Sale’ category

Innings, Quarters, Periods, Weeks….

November 17th, 2009

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Basketball has periods.

Football has quarters.

Admissions has weeks.

No matter what game you are in, measuring efforts in a particular time frame is vital to delivering a successful outcome.  Runs, hits and errors are measured each inning on the diamond.  Yards, sacks and turnovers are totaled each quarter on the gridiron.  Rebounds, points and assists are tracked each period on the court.  In the Admissions game, weekly milestones are marked with inquiries, applications and admits.

So how is the game going for you? Assuming you started  rolling admissions September 1, you are approaching  the end of the first quarter.    Where are those inquiries, campus visits and applications in reaching your first-year enrollment goals? What percentage of those needed by the start of the Fall 2010 classes do you have now?

Many experts in the admission’s field estimate that by Week 14 (roughly December 1) you should have received 81% of  your total inquiries, documented  49% of your campus visits and 35% of your  application pool should be completed.

Is your admissions team on a winning streak or is there a clubhouse wide slump occurring?  How many students will be left on base?  How many students will get intercepted?  How many students will there be on campus for the tip-off? If you aren’t tracking where you know you should be ask yourself this:  is it a coaching problem or a technique issue?

Staff training might be an answer.  It has been for college admission offices across the country who have implemented programs such as the Interactive Training Workshop that Longmire and Company offers.  Or, perhaps a better scouting report on your prospects is the key.  Literally hundreds of thousands of  students have told us that it was the school that best “understood” them as an individual that topped their list.

Read here ( http://thechoice.blogs.nytimes.com/2009/11/03/02momu/) about one young person’s “Aha moment” while visiting a campus and imagine how powerful it would be to know this in advance of your recruitment discussion with her. Longmire and Company’s Yield Enhancement Survey (YES) provides inside information on your prospects.  With the right tools, admissions teams are now realizing a home field advantage throughout the season and well into the playoffs.

If your weekly box score is not where it should be let Longmire and Company enrollment solutions  (www.longmire-co.com) team with you to  bring more victories to your win column before the 7th inning stretch, the two minute warning and the 24 second clock expires.

Mark Thompson is an Enrollment Strategist with Longmire and Company.  Mark brings his clients the benefit of over 20 years of “in-the-trenches” experience in enrollment with public, private and proprietary colleges and universities.

Predicting and Controlling Enrollment In The Age of Stealth Inquiries

October 19th, 2009

PredictControlI’m running into a growing number of colleges that have abandoned traditional search mailings. Also, more colleges are opting to keep their reps at home, rather than sending them on the road during travel season. Why? The new age we’re in: stealth inquiries and cost-cutting.

In recruiting years past, enrollment managers often had a sense of how committed their applicant pool was to their institution by the time the bulk of the applications had been submitted. They’d already had multiple points of contact with large numbers of prospective students between inquiry generation and application.  There were opportunities to begin building bonds early in the cycle. Yields were predictable.

Measuring applicant pool commitment remains critically important because, as with anything in the business of enrollment management, measurement is the basis of control. Several years ago, Longmire and Company introduced the Applicant Commitment Index (ACI) – a number between one and four – that reflects how strongly a pool is devoted to an institution. The ACI score has proven to be instructive from two viewpoints: looking back and looking ahead.

Looking back, a high ACI score (bad) suggests that an institution’s marketing, brand or product is not strong enough to win the level of commitment students require to enroll. Looking ahead, a low ACI score (good) suggests that a high percentage of applicants have cemented their decision and enrollment is very likely. An ACI score is predictive of yield and enrollment – something that is very reassuring and helpful in this age of uncertainty.

Data that feeds the ACI comes from the students in the applicant pool. As part of Longmire and Company’s Yield Enhancement System program, over 100 data points are captured that influence the student’s college selection decision. Obtaining this information directly from students enables the calculation of the ACI but, more importantly, provides micro-level, real-time information about a student’s individual needs and preferences. With that information, a college can better match its communication (personal, print and electronic) and content to strengthen the student’s commitment. That’s the management after the measurement.

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PhoneCalls

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Texting

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Successful recruiters know that developing a connection with a student can greatly increase their commitment to the college and improve the likelihood of enrollment. It’s clear from a recent Longmire and Company co-sponsored study that students will provide access to that connection. In the study, we found that 35% of the students said they don’t receive enough personal contact from colleges (see top chart).

In addition, as the recruiting cycle progressed, a higher percentage of students favored getting more telephone calls from colleges, even after having been accepted (middle chart) and, after acceptance, over one-third of students wanted to receive more text messages.

This and other data collected in the study suggest how important it is for an institution to deliver sustained and quality contact to the student after application. I can’t emphasize the word “quality” enough.

Our quantitative and qualitative research over the last three years has revealed a growing demand by students that the information they receive after application is personalized and highly relevant to their needs.

This is true whether they are stealth or not.