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    Goaldrivenwebstrategy extended-091115101051-phpapp02 Goaldrivenwebstrategy extended-091115101051-phpapp02 Presentation Transcript

    • GOAL-DRIVEN WEB STRATEGY ImplementingTechnology with an Eye on ROI
    • Return on Investment: the magic number that will make you look like a golden god Photo Credit: http://www.flickr.com/photos/andyfitz
    • What office do you work for on campus? 

    • Do you consider yourself a “marketer”?

    • What is the difference between 
 MARKETING and COMMUNICATIONS ?
    • Communications makes marketing tactics tangible “ ”
    • Cartoon
    • THE DIRTY LITTLE SECRET OF WEB MARKETING
    • MARKETING FRAMEWORK 1.  SET STRATEGY: What are your higher level goals? What does success look like? 2.  PLAN TACTICS: What types of communications will we use to achieve our goals and how will we measure results? 3.  EXECUTE COMMUNICATION: Communicate with your audience using planned tactics. 4.  ASSESS RESULTS: Did we achieve our goals? What can we do better next time?
    • SET STRATEGY o  What does success look like? o  Marketing goals should relate back to the business goals of the institution
    • What are “marketing goals” that can relate back to “business goals”?

    • PLAN TACTICS o  What medium is the best way to articulate your message? o  What is the strategy for the communication? o  How are you going to measure it?
    • TIME IS MONEY Planning not only includes strategy, but also infrastructure. Will an in-house solution or an outsourced one be more cost effective? Photo Credit: http://www.flickr.com/photos/8011986@N02
    • STEP ONE:  Employee’s Salary + 1/3 Salary (benefits) ================== Total Salary STEPTWO: Total Salary / 2080 =============== Hourly Wage STEPTHREE:  Hourly Wage X Number of Staff Hours ================== Internal Cost Photo Credit: http://www.flickr.com/photos/8011986@N02
    • EXECUTE YOUR COMMUNICATIONS
    • ASSESS YOUR RESULTS o  What was achieved as a direct result of the communication? o Did that conversion result in a return? o What can I do better next time?
    • EXAMPLE: EMAIL MARKETING Set up tracking for an email that is sent out to prospects, encouraging them to fill out an online application for admissions.
    • SET UP TRACKING Two KeyTools: o Goals o URL Builder
    • STEP ONE: SET UP A GOAL / FUNNEL
    • http://www.google.com/support/googleanalytics/bin/answer.py?hl=en&answer=55578 STEPTWO: BUILD A CAMPAIGN URL
    • STEP THREE: PUT THE TWO TOGETHER
    • Goal Conversion STEP THREE: PUT THE TWO TOGETHER
    • Figure out ROI on an email campaign that sent out 3,000 emails, had 358 click throughs, resulting in 130 applications.The email took 2 hours to complete, at the cost of $40/hr staff time and $0.015/per email. EXAMPLE: EMAIL MARKETING
    • ROI CALCULATOR http://www.marketingtoday.com/tools/roi_calculator.htm
    • DOLLARIZE EVERYTHING Assigning a monetary value to your results gives you a common denominator to compare costs to outcomes
    • ASSIGNING VALUE AverageTuition Paid: $20,000/year Conversion rate from application to enroll: 20% 20% of $20,000 is $4,000 $4,000 IS OUR “AVERAGE PROFIT PER SALE”
    • VALUES FOR THE CALCULATOR o Number of Pieces: 3,000 o Total Program Costs: ($0.015 X 3,000) + ($40 X 2) = $125 o Response Rate: 358 clicks/3,000 = 11.93% o Conversion Rate: 130 apps/358 = 36.31% o Average Profit Per Sale: $4,000
    • ROI Results
    • SHARE YOUR SUCCESS
 o  Make it tangible o  Give it context o  Offer recommendations
    • BREAKING DOWN TACTICS
    • EMAIL MARKETING: WHAT IT’S GOOD FOR ⇒ Increase online applications ⇒ Register online for an event ⇒ Bring in online gifts ⇒ Start a conversation
    • FACEBOOK ADS
    • FACEBOOK ADS: WHAT ARE THEY GOOD FOR?
    • FACEBOOK ADS: WHAT ARE THEY GOOD FOR?
    • FACEBOOK ADS: WHAT ARE THEY GOOD FOR?
    • FACEBOOK ADS: HOW YOU MEASURE ROI ⇒ Use a Google Analytics campaign URL ⇒ Set up a goal or create a unique landing page to track conversion. ⇒ Assign a value and use the ROI calculator.
    • ⇒ Number of pieces:The total number of impressions ⇒ Program costs:The total amount paid for the ads, plus staff time. ⇒ Response rate:The percent of people who clicked on the ad ⇒ Conversion rate:The percent of people fulfilled the call-to- action ⇒ Average profit per sale:The value you assign to them fulfilling the action FACEBOOK ADS: HOW YOU MEASURE ROI
    • FACEBOOK ADS: HOW YOU MEASURE ROI
    • BLOGS
    • Do Something Different http://norwich.typepad.com/fall2007
    • SET STRATEGY: –  Keep enrolling students engaged throughout the summer, and convey important information them; reduce summer sugar-off. PLAN TACTICS: –  Blog format selected –  Coordination with admissions counselors for questions, videos and new student profiles –  Coordination with Interactive Recruitment Manger and Assistant for updating, copy editing and video editing. –  Marketing plan created –  Measurement Plan created: Number of hits relative to target audience, phone call reduction. EXECUTE COMMUNICATION: –  The blog launched at the beginning of June 2007 and ran through the end of August 2007, with updates running every day as planned. It was marketed on the home page, the admissions main page, and in email communications. ASSESS RESULTS: –  20,000 hits over three months, against a target audience of 650. –  Anecdotal evidence from counseling staff
    • SET STRATEGY: –  Keep enrolling students engaged throughout the summer, and convey important information them; reduce summer sugar-off. PLAN TACTICS: –  Blog format selected –  Coordination with admissions counselors for questions, videos and new student profiles –  Coordination with Interactive Recruitment Manger and Assistant for updating, copy editing and video editing. –  Marketing plan created –  Measurement Plan created: Number of hits relative to target audience, phone call reduction. EXECUTE COMMUNICATION: –  The blog launched at the beginning of June 2007 and ran through the end of August 2007, with updates running every day as planned. It was marketed on the home page, the admissions main page, and in email communications. ASSESS RESULTS: –  20,000 hits over three months, against a target audience of 650. –  Anecdotal evidence from counseling staff
    • Updated Daily Information the audience wanted It featured “people like them”
    • BLOGS: WHAT ARE THEY GOOD FOR? ⇒ Provide authentic stories of the student experience ⇒  An opportunity for interaction with current students ⇒ Make institutional announcements and calls-to-action ⇒  Gain insight into the minds of your audience
    • BLOGS: HOW CAN YOU MEASURE ROI? ⇒ Conversion, if you have a call to action ⇒ Readers: Cost of advertising in a similar content channel ⇒ Comments: Cost of a focus group, if it provides insight ⇒ Anecdotal:Take it on a case-by-case basis
    • SOCIAL NETWORKS
    • Saying “We should have a Facebook page” is not a marketing strategy!!!!!
    • http://doteduguru.com/id2947-cafe-new-paltz-a-yielding-success.html The Goal: Increase quality of incoming students o 70% of the members who deposited were from the highest admissions selectivity group o Highest selectivity group jumped from 30% the previous year to 37%
    • SOCIAL NETWORKS: WHAT ARE THEY GOOD FOR? ⇒ Allowing your audience to become a friend/fan/follower of your institution (and then converting the to meaningful actions!) ⇒ Engaging incoming students over the summer to prevent “sugar off” ⇒ Giving alumni volunteers a way to interact with each other and share tips
    • SOCIAL NETWORKS: HOW YOU MEASURE ROI ⇒ Easy dissemination of information:What would it cost you in other mediums? What was your conversion rate with calls-to-action? ⇒ Ease sugar off: Did the percentage of summer sugar off go down? How much value does that translate into? ⇒ Support alumni volunteers:Where your volunteers more successful as a result? What value does that translate into?
    • BOTTOM LINE ON MEASUREMENT Are you brining in more value to the institution than it is costing to implement your strategies?
    • KEY TAKEAWAYS ⇒ Start with bottom-line related goals, not with the technology ⇒ Measure everything ⇒ Dollarize your results to calculate ROI ⇒ Always ask what you can do better next time
    • Karlyn Morissette www.dojo-web.com www.karlynmorissette.com www.fire-engine-red.com www.doteduguru.com www.twitter.com/KarlynM karlynmorissette@gmail.com www.linkedin.com/in/karlynmorissette