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Confidential Material – Chegg Inc. © 2005 - 2015. All Rights Reserved.
1
Super Charging Your Search Strategy:
New Methods of Finding Best-Fit Students and Increasing Response
Introductions and Background
Understanding Generation Y&Z
The Evolution of “Search”
Capturing Student Interest
Immediate Digital Fulfillment
Agenda
connects with students from high school through college
Scholarship
Matching
College
Counseling
Career
Discovery
Internship & Job
Matching
Rent or buy
[e]textbooks
Transfer &
Grad School
Matching
College
Matching
Flashcards
& Test Prep
HIGH SCHOOL
COLLEGE
POST COLLEGE
Tutoring Study Tools
& Tutoring
Confidential Material – Chegg Inc. © 2005 - 2015. All Rights Reserved.
75% of U.S. College Bound High School Students
50% of U.S. College Students
15M+
Students* reached
52/48
% Female/Male
700,000+
Social media followers
*U.S. College Bound High School & College Students Source: Data as of December 2014. Other
sources include Google Analytics, Facebook, Twitter and Instagram
Chegg
Reaches
9M
Monthly visits
71%
18-24
10 minutes
Average time on site
Chegg by the Numbers
Confidential Material – Chegg Inc. © 2005 - 2015. All Rights Reserved.Understanding Generation Y&Z
Today’s students were born when Google began and in grade
school when Facebook took off.
They have
unlimited
information at
their fingertips.
Send	
  search	
  
piece	
  
Student	
  applies	
   Enroll	
  
Interested	
  student	
  sends	
  back	
  
Postcard/goes	
  on	
  coded	
  
microsite	
  to	
  request	
  info	
  
Admi<ed!	
  
Traditional “Search” Process
19%	
  
23%	
  
15%	
  
26%	
  
28%	
  
26%	
  
24%	
  
25%	
  
25%	
  
26%	
  
22%	
  
33%	
  
3%	
  
3%	
  
1%	
  
2%	
  
3%	
  
1%	
  
All	
  Respondents	
  
<3.6	
  GPA	
  
3.6+	
  GPA	
  
100%	
  -­‐-­‐	
  I	
  read	
  it	
  all	
  un5l	
  I	
  made	
  my	
  decision	
  
About	
  75%	
  -­‐-­‐	
  I	
  read	
  most	
  of	
  it	
  un5l	
  I	
  made	
  my	
  decision	
  
About	
  50%	
  -­‐-­‐	
  I	
  read	
  half	
  of	
  it	
  un5l	
  I	
  made	
  my	
  decision	
  
About	
  25%	
  -­‐-­‐	
  I	
  threw	
  out	
  most	
  of	
  it	
  
0%	
  -­‐-­‐	
  I	
  threw	
  out	
  all	
  of	
  it	
  
I	
  didn’t	
  receive	
  any	
  mail	
  
More than half of respondents threw away
half or more of the unsolicited mail they
received (consistent with 2014)
59% of students with GPAs 3.6+
read less than half of their
unsolicited mail
vs.
50% of those with
GPAs under 3.6
Direct Mail: Keep vs. Throw Away
Source: Trends in Student Perspectives, Q2 2015
2013
2013
18%
24%
2014
72%
2014
77%
70% 71%
Direct
mail
Email
2015
76%
67%
21%
2015
Recall does NOT mean influence.
Recall of outreach from colleges they hadn’t heard of:
Influence communications had on decision to apply:
Source: Trends in Student Perspectives, Q2 2015
Subscriptions and Survey Services
Test Lists in Junior Year (or earlier)
Senior Searches
The Name Buy Process
•  Limited Options Focused on Test Scores … Not Intent
•  Leads are Cold Before You Get Them
•  Low Conversion (2-5%)
•  “We’ve always done it this way.”
•  Lack of Alternatives
1971
Collegeboard (at the recommendation of high school guidance
counselors) began selling student names to colleges as a means
to increase access and choices.
Students’ names can
potentially be purchased
by hundreds of schools
Heavily weighted to
highest achievers
The evolution of man
Communication has evolved
The evolution of “search”
Confidential Material – Chegg Inc. © 2005 - 2015. All Rights Reserved.
22
How Students Discover Schools
Qualified students with an active and
demonstrated interest in your school
Best-fit matches who are actively
searching and need to hear from you
Chegg has the largest opt-in database of students
actively researching schools.
Cloud
Connect students
who have raised
their hand to be
contacted by your
institution.
18 sites & apps and growing!
Confidential Material – Chegg Inc. © 2005 - 2015. All Rights Reserved.
10%	
  
16%	
  
32%	
  
50%	
  
20%	
  
32%	
  
43%	
  
37%	
  
41%	
  
41%	
  
23%	
  
11%	
  
29%	
  
11%	
  
3%	
  
1%	
  
Most Useful Digital Tools for Research
75% indicate
very-extremely useful
What if we could
harness the behavioral
data from students as
they search for
schools to find the
perfect matches for
your school?
Recommendations & Matching
High School GPA/Test Scores
Ethnicity Household Income
Interests Intended Major
School Preferences Geographic Preferences
Data Science Process
ExploraMon,	
  
Analysis,	
  
Development	
  
Test	
  
Environment	
  
Compute	
  Scheduling	
  
ProducMon	
  
Environment	
  
User	
  Behavior	
  
Data	
  
Partner	
  
Data	
  
Third	
  Party	
  
Data	
  
Chegg User
Behavior Data
Chegg Cloud
Data
Science of Match+
Sophisticated algorithms analyze
millions of data points submitted
by students and collected during
their visits to our network to
identify those that are the best fit
for your institution.
Academic
Performance
Grad
Year
Geography
Match+
fined tuned to meet
your goals
Gender
Real-Time
Behavior Across
Chegg Network
Available for traditional
undergrads, transfer, and
international prospects in
China
Chegg Cloud & Match+
By the numbers
Less
Than 5
Number of schools a
student requests
information from on our
network
3The average number of
schools we deliver a
student to as a Match+
Name
In Fact …
2/3
Students who indicate an
interest in 3 schools or
less
85%
of students’ information
are sent to 4 schools or
less
Names Purchased Through Traditional Search
Right Fit Students from Match+
# of Qualified
Inquiries
Applicants
Admitted
Enrolled
Traditional Search Match+ Students
$250,000 investment $162,000 investment
120,000
(incl. name, printing & postage)
3,600
3% response rate
900
25% apply rate
459
51% admit rate
193
42% enroll rate
3,600
6% response rate
900
25% apply rate
459
51% admit rate
193
42% enroll rate
60,000
(incl. name, printing & postage)
Traditional
Search
193 Enrollments
Chegg Student
Names via Match+
193 Enrollments
Cost per
student
$840
Cost per
student
$1300
62%
expect a response
from admissions
within 24 hours
would like to receive
communications tailored
specifically to them91%
Source: Chegg Social Admissions Report 2015
Interest-Based Retargeting
Immediate digital fulfillment.
Personalized outreach at scale.
Retarget students who are actively indicating an interest.
Changing the Student Experience
Match+ For Students
•  Better matched opportunities =
informed choices
•  No more sifting through
hundreds of viewbooks of
poorly matched schools
•  Better Fit Schools =
Better Outcomes
Match+ For Schools
•  Going beyond
predictive modeling
•  New student groups =
more enrollments in strategic
populations
•  Connect with students earlier
in the process, increase yield
•  Be more competitive with
the right fit students
Logistics & Questions
Monthly transmissions
One file or separate files
available
De-duping upon request
Immediate Digital Fulfillment
Questions?
Contact Me
@gilrogers
gil@chegg.com
Request Match+ Projections at
http://go.edu.chegg.com/projections
Slides and recording will be available shortly at
http://edu.chegg.com/insights

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Super Charging Your Search Strategy

  • 1. Confidential Material – Chegg Inc. © 2005 - 2015. All Rights Reserved. 1 Super Charging Your Search Strategy: New Methods of Finding Best-Fit Students and Increasing Response
  • 2. Introductions and Background Understanding Generation Y&Z The Evolution of “Search” Capturing Student Interest Immediate Digital Fulfillment Agenda
  • 3. connects with students from high school through college Scholarship Matching College Counseling Career Discovery Internship & Job Matching Rent or buy [e]textbooks Transfer & Grad School Matching College Matching Flashcards & Test Prep HIGH SCHOOL COLLEGE POST COLLEGE Tutoring Study Tools & Tutoring
  • 4. Confidential Material – Chegg Inc. © 2005 - 2015. All Rights Reserved. 75% of U.S. College Bound High School Students 50% of U.S. College Students 15M+ Students* reached 52/48 % Female/Male 700,000+ Social media followers *U.S. College Bound High School & College Students Source: Data as of December 2014. Other sources include Google Analytics, Facebook, Twitter and Instagram Chegg Reaches 9M Monthly visits 71% 18-24 10 minutes Average time on site Chegg by the Numbers
  • 5.
  • 6. Confidential Material – Chegg Inc. © 2005 - 2015. All Rights Reserved.Understanding Generation Y&Z
  • 7. Today’s students were born when Google began and in grade school when Facebook took off.
  • 9. Send  search   piece   Student  applies   Enroll   Interested  student  sends  back   Postcard/goes  on  coded   microsite  to  request  info   Admi<ed!   Traditional “Search” Process
  • 10.
  • 11. 19%   23%   15%   26%   28%   26%   24%   25%   25%   26%   22%   33%   3%   3%   1%   2%   3%   1%   All  Respondents   <3.6  GPA   3.6+  GPA   100%  -­‐-­‐  I  read  it  all  un5l  I  made  my  decision   About  75%  -­‐-­‐  I  read  most  of  it  un5l  I  made  my  decision   About  50%  -­‐-­‐  I  read  half  of  it  un5l  I  made  my  decision   About  25%  -­‐-­‐  I  threw  out  most  of  it   0%  -­‐-­‐  I  threw  out  all  of  it   I  didn’t  receive  any  mail   More than half of respondents threw away half or more of the unsolicited mail they received (consistent with 2014) 59% of students with GPAs 3.6+ read less than half of their unsolicited mail vs. 50% of those with GPAs under 3.6 Direct Mail: Keep vs. Throw Away Source: Trends in Student Perspectives, Q2 2015
  • 12. 2013 2013 18% 24% 2014 72% 2014 77% 70% 71% Direct mail Email 2015 76% 67% 21% 2015 Recall does NOT mean influence. Recall of outreach from colleges they hadn’t heard of: Influence communications had on decision to apply: Source: Trends in Student Perspectives, Q2 2015
  • 13. Subscriptions and Survey Services Test Lists in Junior Year (or earlier) Senior Searches The Name Buy Process •  Limited Options Focused on Test Scores … Not Intent •  Leads are Cold Before You Get Them •  Low Conversion (2-5%) •  “We’ve always done it this way.” •  Lack of Alternatives
  • 14.
  • 15. 1971 Collegeboard (at the recommendation of high school guidance counselors) began selling student names to colleges as a means to increase access and choices.
  • 16. Students’ names can potentially be purchased by hundreds of schools Heavily weighted to highest achievers
  • 17.
  • 18.
  • 21. The evolution of “search”
  • 22. Confidential Material – Chegg Inc. © 2005 - 2015. All Rights Reserved. 22 How Students Discover Schools
  • 23.
  • 24.
  • 25. Qualified students with an active and demonstrated interest in your school Best-fit matches who are actively searching and need to hear from you Chegg has the largest opt-in database of students actively researching schools.
  • 26. Cloud Connect students who have raised their hand to be contacted by your institution. 18 sites & apps and growing!
  • 27. Confidential Material – Chegg Inc. © 2005 - 2015. All Rights Reserved. 10%   16%   32%   50%   20%   32%   43%   37%   41%   41%   23%   11%   29%   11%   3%   1%   Most Useful Digital Tools for Research 75% indicate very-extremely useful
  • 28. What if we could harness the behavioral data from students as they search for schools to find the perfect matches for your school?
  • 29.
  • 30. Recommendations & Matching High School GPA/Test Scores Ethnicity Household Income Interests Intended Major School Preferences Geographic Preferences
  • 31. Data Science Process ExploraMon,   Analysis,   Development   Test   Environment   Compute  Scheduling   ProducMon   Environment   User  Behavior   Data   Partner   Data   Third  Party   Data  
  • 32. Chegg User Behavior Data Chegg Cloud Data Science of Match+ Sophisticated algorithms analyze millions of data points submitted by students and collected during their visits to our network to identify those that are the best fit for your institution.
  • 33. Academic Performance Grad Year Geography Match+ fined tuned to meet your goals Gender Real-Time Behavior Across Chegg Network Available for traditional undergrads, transfer, and international prospects in China
  • 34. Chegg Cloud & Match+ By the numbers Less Than 5 Number of schools a student requests information from on our network 3The average number of schools we deliver a student to as a Match+ Name
  • 35. In Fact … 2/3 Students who indicate an interest in 3 schools or less 85% of students’ information are sent to 4 schools or less
  • 36. Names Purchased Through Traditional Search Right Fit Students from Match+ # of Qualified Inquiries Applicants Admitted Enrolled Traditional Search Match+ Students $250,000 investment $162,000 investment 120,000 (incl. name, printing & postage) 3,600 3% response rate 900 25% apply rate 459 51% admit rate 193 42% enroll rate 3,600 6% response rate 900 25% apply rate 459 51% admit rate 193 42% enroll rate 60,000 (incl. name, printing & postage)
  • 37. Traditional Search 193 Enrollments Chegg Student Names via Match+ 193 Enrollments Cost per student $840 Cost per student $1300
  • 38. 62% expect a response from admissions within 24 hours would like to receive communications tailored specifically to them91% Source: Chegg Social Admissions Report 2015
  • 39. Interest-Based Retargeting Immediate digital fulfillment. Personalized outreach at scale.
  • 40.
  • 41.
  • 42. Retarget students who are actively indicating an interest.
  • 43.
  • 44.
  • 45. Changing the Student Experience
  • 46. Match+ For Students •  Better matched opportunities = informed choices •  No more sifting through hundreds of viewbooks of poorly matched schools •  Better Fit Schools = Better Outcomes
  • 47. Match+ For Schools •  Going beyond predictive modeling •  New student groups = more enrollments in strategic populations •  Connect with students earlier in the process, increase yield •  Be more competitive with the right fit students
  • 48. Logistics & Questions Monthly transmissions One file or separate files available De-duping upon request Immediate Digital Fulfillment
  • 49. Questions? Contact Me @gilrogers gil@chegg.com Request Match+ Projections at http://go.edu.chegg.com/projections Slides and recording will be available shortly at http://edu.chegg.com/insights