1. Are You Ready to
Weather the Admissions
Perfect Storm?
Florida Higher Education Summit
Jeff Kallay, VP Consulting, “Apostle of Authenticity” TargetX
2. Managing Expectation
Overwhelm you with information
I don’t have all the answers, you won’t agree with me
You’re educated and smart; take what is relevant to you
The Perfect Storm
How to weather and thrive
Questions and Answers
Download PDF at in www.targetx.com/slideshare
19. White 2,480,000 58%
Latino 820,000 19%
African-American 640,000 15%
Asian 190,000 4%
Other 170,000 4%
20. Under $25K 940,000 22%
$25K to $50K 1,030,000 24%
$50K to $75K 860,000 20%
$75K to $100K 560,000 13%
$100K to $150K 520,000 12%
Over $150K 390,000 9%
21. Didn’t Finish High School 740,000 17%
HS Grad-Not in School 1,070,000 25%
HS Grad-Military Service 180,000 4%
HS Grad-Going to College 2,310,000 54%
23. High School or Less 1,540,000 36%
Some College 1,380,000 32%
One Bachelors Degree 690,000 16%
Two Bachelors Degrees 350,000 8%
Advanced Degree 340,000 8%
24. Questions We’re Asking
How have you prepared for the decline?
Have you prioritized the adult market?
25. GI Generation (’01-’24)
Silent Generation (’25-’42)
Baby-Boomers (’43-’60)
Generation X (’61-’81)
Millennials (’82-’00)
Homeland or iGeneration
(’00/’01-current)
26. Millennial
Largest, most wanted, most watched over and
most diverse generation in American history.
Howe and Strauss “Millennials Rising”
27. 76
Million Millennials
(vs. 72 million Boomers and 42 million Xers)
Howe and Strauss “Millennials Rising”
31. Millennials Rebooted
Regonize 2nd Cohort.
Post Great Recession.
Shift from Boomer Helicopter to Xer Stealth.
Parents want ROI.
Financial Aid knowledge is key!
Cut through the hype.
Online and In-Person support work in tandem.
33. GI Generation (’01-’24)
Silent Generation (’25-’42)
Baby-Boomers (’43-’60)
Generation X (’61-’81)
Millennials (’82-’00)
Homeland or iGen
(2000-current)
34. Boomer Parents GenX Parents
Born in 1982
Graduate
College
High School
Elementary School
“New Silent Generation”
35. “A generation that can sneakily trump boomer
X
narcissism and millennial entitlement.”
Jeff Gordiner, “X Saves the World: How Generation X Got the Shaft but Can Still Keep Everything from Sucking”
36.
37.
38. About Generation X
Born and raised as independent latch-key kids.
Sexual Revolution, Watergate, Vietnam,
Gay Rights, High Divorce Rate, Recession and
Woman’s Movement peppered their youth.
Demonized by Hollywood: Rosemary’s Baby,
The Exorcist, Taxi Driver, Pretty Baby and The Omen.
39. About Generation X
Playing to win by half expecting to lose.
Accepting wide gaps between personal
outcomes and sex roles.
Proud of their ability to cut through the hype.
40. About Generation X
Becoming cautious in family life and gradually
mellowing in personality.
Dedicated to starting and maintaining stable
families, something their Silent generation
parents did not.
44. “Loan crisis goes to college.”
CNN Money.com, May 2010
“College loans are the new subprime crisis”
New York Times, June 2010 (TargetX’s Trent Gilbert said this in April)
“Credit crisis hits student borrowers.”
The Boston Globe, April 2010
48. Meeting Operating Expenses
The Common Fund Freezes
Paying Off or Pausing Capital Improvements
Increased Discount Rate
Largest Increase from Employee Benefits
Frozen or Cut Professional Development Expenses
Staff Reduction
49. How much of what
schools are offering can
be called education?
“College should be a cultural
journey, an intellectual
expedition, a voyage
confronting new ideas and
information, together
expanding and deepening our
understanding of ourselves
and our world.”
50. Questions We’re Asking
Will students go to school closer to home?
Will they “go away” to college?
How will you encourage them to visit?
How is your financial aid strategy adjusting?
Are you prepared to answer cost questions earlier?
How well trained are you (recruiters) on aid?
51. Questions We’re Asking
Are you in Growth or Retreat Mode?
What are you doing to cut costs?
Will you (recruiting staff) travel less?
58. Traditional Recruiting
Undergraduate Recruiting in Junior Year
Direct Mail Search Campaigns
Letter Series-Based Communication Plans
Viewbooks, Roadpieces, Department Brochures
Large Open Houses, Info Sessions and Group Tours
High School/Company Visits & College/Graduate Fairs
59. Where Most
Colleges Are Today
Special Thanks to Bob McCullough, Case-Western Reserve University
64. >45%
First Point of Contact was the Admissions Application
Informal TargetX Survey of Undergraduate Admissions Clients & Noel-Levitz E-Recruiting Practices Report, April 2010
67. Rethink the Budget
Distribution Print vs. Web, On-Campus vs. Off
Stop the “have to” Activities (hint: start with travel)
Avoid the many online marketing fads - calc ROI!
Focus on what WILL work - Not what ALWAYS worked
Doesn’t necessarily mean additional funding
68. Takeaway
Preference for Electronic Communication
Want Details on Cost and Financial Aid
Desire to Connect with Students and Faculty
Use “New” Communication Tools
69. 2. Embrace Authenticity
“We are searching to get a
grip on what counts for
people in their personal
and business lives.”
Pine and Gilmore’s website
authenticitybook.com
82. Rendering
Authenticity
“Stop saying what your offerings
are through advertising and start
creating places--permanent or
temporary, physical or virtual,
fee-based or free--where people
can experience what those
offerings, as well as your
enterprise, actually are.”
84. 1. Know who you are
Don’t try to be all things to all people
The Ohio State University
85. 2. Say who you are/declare something
Draw a line in the sand
Baylor University
86. 3. Hop on the Cluetrain (talk with, not at)
"Markets are conversations.
Markets consist of human beings, not demographic sectors.
Conversations among human beings sound human.
They are conducted in a human voice.
University of Texas American University
87. 4. If you’re afraid to say it, say it
“Average Students Thrive Here!”
“80% of what I learned happened
outside of the classroom.”
88. 5. Keep it real
SACAC 2008 Survey of 200+ high school seniors
“I believe that imperfections show character. That's what I was looking for
in a college. A school that seemingly has no flaws during a one hour
information session (and tour) not only stands out negatively,
but it comes off as bland and ordinary.”
Read the complete survey results Password: sacac
90. 3. The Experience IS the Marketing
1. Repelling commodization
2. Charging a premium price
3. Persuading consumers to pay
when they never did before
4. Selling “Memories”
91. “The experience is the marketing.”
Arts & Science Group Student Poll 2004
92. The experience is higher
education marketing
- 84% use the web most heavily in
researching colleges
- 71% say the campus visit is the
most trusted source of information
Eduventures 2007 Survey of 7,867 High school junior and seniors.
Reported in The Chronicle of Higher Education “Prospective Students Rely on Campus Visits and Web Sites to Learn About Colleges, Report Says”
98. Campus Tour Go Disney
Read the Washington Monthly Magazine
99. “I visited campus and it felt right!”
LA Times Article: On vacation -- at a college campus Read Trent’s blog post
100. “I visited campus and it felt right!”
But most college tour
scripts are numbingly
similar, and information is
not really the point.
Students and their families
are looking for the ineffable
moment when, through
some alchemy of
atmosphere, setting or
vibe, they suddenly know
this is the place for them.
LA Times Article: On vacation -- at a college campus Read Trent’s blog post
104. Let go
Remember, you’re not in control.
Remember, they don’t trust marketers.
Remember, they are talking about you anyways.
Remember, they want to figure out the truth.
Remember, their parents are talking about you too.
105. Be a change agent!
Don’t lead change because it makes sense.
Lead change because you believe you
must get ahead of an approaching
“discontinuity” in order to survive.
Jack and Suzy Welch, BusinessWeek, October 2008
106. Want More? Read Our Blogs:
TargetX Blog at www.targetx.com/ithink/
107. Free on Friday Webcasts
Free On Friday Webcasts Watch Past Webcasts
108. Are You Ready to Weather the
Admission Perfect Storm?
Florida Higher Education Summit
targetx.com/slideshare
Jeff Kallay, VP Consulting, “Apostle of Authenticity” TargetX
kallay@targetx.com