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Higher Education Path to Conversion:
The Display Media Approach
Agenda
1. What is the path to conversion
2. Media approach
3. Why display media?
4. Display media at each touch point
5. CUnet display media offerings
6. Questions
How does a potential student go
from being unaware to an
enrolled student?
They Take the “Path to Conversion”


•    Google reports that prospective students start searching for a school 6-9 months
     before they ultimately make a decision*




*Source: Google Compete Study
The Path to Conversion




   Awareness   Research   Consideration   Intent/ Lead   Sale/Start
Advertising is a Means to the End
If used correctly, advertising can follow the prospective student through their
Path to Conversion.
Media Approach
Schools Need a 360° Media Mix
• Consumption of media continues to diversify fragmenting the media
  marketplace.
• To ensure effective reach, schools need to implement multi-media
  campaigns to hit their audience throughout their decision lifecycle.
However…
Most schools are only leveraging the digital space to drive
leads (the end of the user’s experience).




Google reports that nearly a quarter of potential students that convert were
exposed to a combination of Search and Display ads before making their
decision
Why Display Media?
Value of Display
Display can fulfill many of the goals a school requires while providing some
things other channels cannot.
Decide When to Serve a Banner
And Learn
Display Media Allows for Targeting for Both Media and
Creative Messaging



    Target specific audiences based on what we know about them.
Display Media at Each
Touch Point
Meet Pam
           I need a better
           education.
The Path to Conversion




   Awareness   Research   Consideration   Intent/ Lead   Sale/Start
Awareness:
          Pam starts to hear about schools

          With many schools relying solely on local TV, radio, or out of home advertising they miss out on
          leveraging a media that potential students use 2 hours a day (second highest only to TV.)*


                       Display Opportunity—Awareness

      •      Display ads can leverage some of the same effective tools
             that traditional media use while being more targeted
              – Video & online radio/audio
              – Local and geo targeted media


      •      Schools can also leverage information they know about
             people to decide who to have conversations with
              – Data targeting




* Neilson Blog: Average U.S. Internet Usage, Combined Home & Work, Month of April 2010
Research:
Pam starts researching schools to find one that fits her needs.
The internet is a key source of information prospective students use to learn about schools and their
key selling points.*

          Display Opportunity—Research


•   Leverage technology to surround the content and those
    viewing it
     – Contextual targeting
     – Keyword target
     – Search Targeting




*Source: Google Compete Study
Consideration:
Pam picks three schools in her consideration set.
Potential students visit the school’s websites and continue to read up on the schools of thier choice


           Display Opportunity—Consideration

•   Schools should continue to communicate with the
    prospective student with a relevant message.
     – Retargeting
     – Look at what they did on the site to decide what to say
Experience Map



    Campus Locations             Geo Specific Banner             Admissions Page

                                  Program Targeted         Program Specific Request
   Specific Program Page
                                       Banner                  Information Page

     Admissions page            School benefits banner           Why School Page



                        Past                           Landing
                                       Banner
                       Action                           Page
Intent:
Pam gets accepted at two of the schools and decides on one.

From the point a inquiry is submitted, a school should continue conversations with that user to ensure
interest is maintained

            Display Opportunity—Intent

•   Retargeting with a new message.
     – Consider what they have applied for and where they
       are in the process when deciding what message to
       deliver.
Sale:
   Pam finishes the path to starting her education and starts her
   next path in life.
   Leverage what worked to drive future sales.
         •      Look to find the most effective paths to conversion to generate the optimal media mix.
                   • Pam viewed several ads (through online and traditional media) to drive her interest,
                     searched for information about the programs, read content about the schools, visited the
                     schools website, ultimately becoming a lead and enrolling.
                   Display Opportunity—Sale
   •     Display media not only helps you hit your audience but
         also helps you define them.
             – Leverage what you learn about Pam, both in her
               experience as well as her personal behaviors, to find
               100 people that do the same thing online.
             – Target friends of Pam. If she is going to school, it is
               possible some of her close friends need to further
               education as well.
                   – Targeting peer groups is 3x – 5x more
                     effective.*


* Network-Based Marketing: Statistical Science Vol 21, No 2, 256-276
Key takeaways
     Awareness                                                                                             Display media is a
• Awareness is a key step in starting the ―Path to Conversion‖. Ensure a multi media
  approach to effectively educate potential students about a school.                                       key component to
                                                                                                           achieving these
              Research                                                                                     goals.
       • Schools should maintain a presence in areas students are researching for
         schools to ensure your brand is top of mind.


                  Consideration
               • Visitors to the school’s sites are valuable prospective students. Students that a
                 school should continue messaging.



                             Intent/Lead
                       • From the point a lead is submitted, a school should continue conversations with
                         that user to ensure interest is maintained.


                                    Sale/Start
                               • Leverage what worked to drive future sales.
What are the CUnet Display
Media Offerings?
CUnet


          Creative
        Development


         Research
Awareness Programs


Target the Place                                Target the Person
•   Environments that showcase relevant         •   Buying against an audience
    content                                         – Target based on their actions or provided
    – Users mindset is aligned with messaging         data to ensure accuracy
    – Typically over index against audience         – Media is more efficient
    – Full transparency                             – More opportunity to optimize to results
Direct Response Programs


Cost Per Click                                            Cost-per-Action/Lead
•   Advertiser only pays when a prospective               •   Advertiser only pays when a prospective
    student clicks on the message and arrives                 student takes a pre-determined action or
    at the site.                                              completes a form.
    –   Depending on the quality of the offer this may        –   Mitigates against risk
        result in a more cost efficient lead then a CPA
        deal
Alan Silverberg
Display Media Strategist
Alan.Silverberg@CUnet.com
201.477.7686

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The Path to Conversion: Display Advertising

  • 1. Higher Education Path to Conversion: The Display Media Approach
  • 2. Agenda 1. What is the path to conversion 2. Media approach 3. Why display media? 4. Display media at each touch point 5. CUnet display media offerings 6. Questions
  • 3. How does a potential student go from being unaware to an enrolled student?
  • 4. They Take the “Path to Conversion” • Google reports that prospective students start searching for a school 6-9 months before they ultimately make a decision* *Source: Google Compete Study
  • 5. The Path to Conversion Awareness Research Consideration Intent/ Lead Sale/Start
  • 6. Advertising is a Means to the End If used correctly, advertising can follow the prospective student through their Path to Conversion.
  • 8. Schools Need a 360° Media Mix • Consumption of media continues to diversify fragmenting the media marketplace. • To ensure effective reach, schools need to implement multi-media campaigns to hit their audience throughout their decision lifecycle.
  • 9. However… Most schools are only leveraging the digital space to drive leads (the end of the user’s experience). Google reports that nearly a quarter of potential students that convert were exposed to a combination of Search and Display ads before making their decision
  • 11. Value of Display Display can fulfill many of the goals a school requires while providing some things other channels cannot.
  • 12. Decide When to Serve a Banner
  • 14. Display Media Allows for Targeting for Both Media and Creative Messaging Target specific audiences based on what we know about them.
  • 15. Display Media at Each Touch Point
  • 16. Meet Pam I need a better education.
  • 17. The Path to Conversion Awareness Research Consideration Intent/ Lead Sale/Start
  • 18. Awareness: Pam starts to hear about schools With many schools relying solely on local TV, radio, or out of home advertising they miss out on leveraging a media that potential students use 2 hours a day (second highest only to TV.)* Display Opportunity—Awareness • Display ads can leverage some of the same effective tools that traditional media use while being more targeted – Video & online radio/audio – Local and geo targeted media • Schools can also leverage information they know about people to decide who to have conversations with – Data targeting * Neilson Blog: Average U.S. Internet Usage, Combined Home & Work, Month of April 2010
  • 19. Research: Pam starts researching schools to find one that fits her needs. The internet is a key source of information prospective students use to learn about schools and their key selling points.* Display Opportunity—Research • Leverage technology to surround the content and those viewing it – Contextual targeting – Keyword target – Search Targeting *Source: Google Compete Study
  • 20. Consideration: Pam picks three schools in her consideration set. Potential students visit the school’s websites and continue to read up on the schools of thier choice Display Opportunity—Consideration • Schools should continue to communicate with the prospective student with a relevant message. – Retargeting – Look at what they did on the site to decide what to say
  • 21. Experience Map Campus Locations Geo Specific Banner Admissions Page Program Targeted Program Specific Request Specific Program Page Banner Information Page Admissions page School benefits banner Why School Page Past Landing Banner Action Page
  • 22. Intent: Pam gets accepted at two of the schools and decides on one. From the point a inquiry is submitted, a school should continue conversations with that user to ensure interest is maintained Display Opportunity—Intent • Retargeting with a new message. – Consider what they have applied for and where they are in the process when deciding what message to deliver.
  • 23. Sale: Pam finishes the path to starting her education and starts her next path in life. Leverage what worked to drive future sales. • Look to find the most effective paths to conversion to generate the optimal media mix. • Pam viewed several ads (through online and traditional media) to drive her interest, searched for information about the programs, read content about the schools, visited the schools website, ultimately becoming a lead and enrolling. Display Opportunity—Sale • Display media not only helps you hit your audience but also helps you define them. – Leverage what you learn about Pam, both in her experience as well as her personal behaviors, to find 100 people that do the same thing online. – Target friends of Pam. If she is going to school, it is possible some of her close friends need to further education as well. – Targeting peer groups is 3x – 5x more effective.* * Network-Based Marketing: Statistical Science Vol 21, No 2, 256-276
  • 24. Key takeaways Awareness Display media is a • Awareness is a key step in starting the ―Path to Conversion‖. Ensure a multi media approach to effectively educate potential students about a school. key component to achieving these Research goals. • Schools should maintain a presence in areas students are researching for schools to ensure your brand is top of mind. Consideration • Visitors to the school’s sites are valuable prospective students. Students that a school should continue messaging. Intent/Lead • From the point a lead is submitted, a school should continue conversations with that user to ensure interest is maintained. Sale/Start • Leverage what worked to drive future sales.
  • 25. What are the CUnet Display Media Offerings?
  • 26. CUnet Creative Development Research
  • 27. Awareness Programs Target the Place Target the Person • Environments that showcase relevant • Buying against an audience content – Target based on their actions or provided – Users mindset is aligned with messaging data to ensure accuracy – Typically over index against audience – Media is more efficient – Full transparency – More opportunity to optimize to results
  • 28. Direct Response Programs Cost Per Click Cost-per-Action/Lead • Advertiser only pays when a prospective • Advertiser only pays when a prospective student clicks on the message and arrives student takes a pre-determined action or at the site. completes a form. – Depending on the quality of the offer this may – Mitigates against risk result in a more cost efficient lead then a CPA deal
  • 29. Alan Silverberg Display Media Strategist Alan.Silverberg@CUnet.com 201.477.7686