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How to Do It Smarter, Better, Faster
Inbound Marketing for Your
MBA Programs
AMA Symposium for the Marketing of Higher Ed 2016
Your Presenters
2
Ann Oleson, CEO & Founder
Converge Consulting
Sylvia Haas, Executive Director
UCLA Anderson School of
Management
3
About Converge
Converge Consulting is a full-service inbound/digital agency for higher
education. We are distinct in our ability to develop sound strategy and
translate it into recruitment campaigns that deliver ROI in a crowded
marketplace.
• We live and breath what’s new and next.
• Our DNA is digital.
• We know education.
• We believe in relationships and results.
• Our customer service is unparalleled.
4
About Sylvia
5
Overview
6
I. Our Story: UCLA + Converge
II. Industry Benchmarks
III. Strategies by Audience
IV. Funnel Communications
V. Key Takeaways
7
Our Story:
UCLA + Converge
Our Story
8
Sylvia had four primary goals:
• Stay ahead of the increasing competition
• Expand geographic reach
• Recruit more women & maintain military presence
• Increase number of Inquirers
Competition
9
Expand Reach
10
Recruit Women & Maintain Military Inquiries
11
Class of Women Military/Veterans Inquirers
2016 32% 16% 1041
2015 24% 14% 1028
2014 30% 20% 730
2013 28% 18% 770
Inbound Marketing
CONVERT DELIGHT
Search Engine
Optimization
(SEO)
Inbound
Content Offers
Social Media
Paid
Advertising
ATTRACT
Calls-to-Action
(CTAs)
Landing
Pages
Forms
Retargeting
Amplification
Content
Strategy
Ongoing
Engagement
User
Experience (UX)
Measurement
STRANGERS VISITORS STUDENTS PROMOTERS
3
13
Industry Benchmarks
14
Inbound Funnel
Sample Monthly Plan
Implement a digital advertising strategy to target users actively searching for MBA
programs, users that fit into the target demographic and behavioral profile and users
who have previously visited landing and program pages (remarketing).
• Display Advertising
• Contextual / Behavioral
• Geofencing / IP Targeting
• Specific websites
• Social Media Advertising
• Facebook / Instagram
• LinkedIn
• Twitter
• Search Engine Advertising
• Google AdWords
• Bing Ads
• Retargeting / List Targeting
• Display ads
• Social Media Platforms
15
Digital Advertising
Lead Generation Trends: MBA
16
Industry Data
Conversion Rate Cost Per Lead
Search 6.89% $386.44
Display 0.59% $533.31
Remarketing 4.21% $102.40
Facebook 1.12% $111.25
LinkedIn 5.35% $162.00
Gmail 0.10% $650.76
Sample Monthly Ad Spend
17
Digital Advertising
Digital Advertising Strategy Lower Visibility Higher Visibility
Display Advertising (10-15%) $500 $1,000
Social Media Advertising (25-35%) $2,500 $3,500
Search Engine Advertising (44-55%) $5,000 $15,000
Retargeting (10-15%) $1,000 $2,000
Total $9,000 $21,500
18
Strategies by
Audience
Who is your ideal student?
19
Persona: Women
Who is your ideal student?
20
Persona: Military/Veteran
Who is your ideal student?
21
Persona: Medicine
Who is your ideal student?
22
Persona: Energy Industry
Strategy: Social Media Advertising
Channels: LinkedIn, Facebook, Instagram, Twitter, Pinterest
UCLA Strategy: Reach your target audience on LinkedIn based on demographics such
as job title, industry, seniority, educational background, and employer.
Suggested monthly ad spend: 25-35%
23
Digital Advertising
Example Ads: Social Media Advertising
24
Digital Advertising
Facebook Instagram LinkedIn (Sponsored Content)
Twitter
Strategy: Search Engine Advertising
Channels: Google AdWords, Bing Ads
UCLA Strategy: Reach users on Bing who are specifically searching for non-branded
and branded ‘executive mba’ keywords in the greater Los Angeles area.
 Suggested monthly ad spend: 45-55%
Digital Advertising
Keyword and ad examples:
25
Example: Mobile Search Ads
Digital Advertising
26
Strategy: Retargeting / List Targeting
Channels: Display Ads, Social Media Advertising (Facebook, Instagram, & Twitter)
Target users who have visited your website or landing page but haven’t converted into a
lead yet. Also, target prospects with admissions related messaging to encourage users to
take the next step and apply.
Suggested monthly ad spend: 10-15%
27
What else?
Strategy: Display Advertising
Channels: The Trade Desk, Google Display Network, Gmail Sponsored Promotions
Reach your target audience through contextual and behavioral targeting or target specific
companies and schools via geofencing or IP targeting.
Suggested monthly ad spend: 10-15%
28
What else?
Targeting and ad examples:
YOUR AD
HERE
YOUR AD HERE
Example: Gmail Sponsored Promotions
29
What else?
Ad collapsed on mobile:
Expanded ad:
Targeting examples:
Example: Gmail Sponsored Promotions
30
What else?
Example of results:
Landing Pages
How do we increase
conversions?
Create landing pages specific to each
specific program that showcase benefits,
requirements, potential employment
opportunities and career outcomes.
Take a user-first approach with targeted
and segmented messaging. Lead with user
experience (UX) and generate landing
pages that will help you turn strangers into
visitors, visitors into leads and leads into
promoters.
32
Funnel
Communications
33
Communication Workflows
Someone inquired. Now what?
Develop a multi-touch point lead nurturing strategy for 30-60 days. Use a mix of email
and phone calls that hit on competitive advantages, address common barriers to help
convert more prospects to enrollments.
34
Event Emails
Best Practices
• Optimized for mobile view, easy to skim
• Compelling subject line
• Engaging visuals (graphics and photos)
35
Visit a Class Email
36
Emails
4 Emails to Send After Inquiry:
• Meet Your Person: Introduce an advisor to reach directly with questions.
• Here’s How You Apply: A how-to, webinar or guide to walk them through the
application process.
• What’s Holding You Back: Messaging to address barriers and how your
institution will help them move past them.
• Alumni & Faculty Stories: Share testimonials, research and publications so they
can see themselves as a part of your community.
37
Google Analytics
What is the ROI?
• Recommendations for improvement to
enhance reporting
• Set up of Google Analytics for
reporting on AdWords
• Set up of goals on action-based forms
for the program including: inquiry
form, application form, campus visits,
etc.
• Set up of dashboard to report on
inquiry generation program and digital
advertising
38
Data Reporting
Examples of Insights:
Dallas, 4
Irving, 3
Plano, 3Fort Worth,
2
New
Jersey, 1
Texas
1
Garland, 1
Houston, 1
McKinney,
1
Rowlett, 1
San
Antonio
1
Lavon
1
CITY
39
New & Next Ideas
40
New & Next
Check out Ivy Exec.
Invitation only business community with over 730K+ members, growing by 10 to 12,000
new professionals per month. 90% of members are interested in professional
development and learning about education potions to advance their careers.
Community consists of:
• 18% C-Suite Executives
• 25% VP/EVP/SCP Level
• 25% Director Level
• 22% Associate Director/Senior Manager/Manager Level
IvyExec offers digital solutions including hosting/promoting online events, targeted email
campaigns, newsletter placements, display ads, content promotion and dedicated landing
pages.
41
New & Next
Host strategic webinars.
Professional development is a key interest of the MBA target audiences. We suggest
hosting and promoting webinars that hit on high interest professional development topics
as a way to initially draw interest from your target audience.
42
New & Next
Amplify your content.
Promoting content, rather than your program specifically, can be a great way to initially
engage your target audience. Sharing alumni success stories or thought leadership pieces
on professional development can generate engagement.
43
New & Next
Get an external
perspective.
• Does the agency have certifications,
partnerships or awards?
• Can the agency provide case studies and
references?
• Does the agency have experience in
your vertical?
• How often is the agency reviewing and
optimizing campaigns?
Download it here:
http://inbound.convergeconsulting.org/ch
oosing-a-ppc-partner
44
Thank You!

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Inbound Marketing for Your MBA Programs: How To Do it Smarter, Better and Faster

  • 1. How to Do It Smarter, Better, Faster Inbound Marketing for Your MBA Programs AMA Symposium for the Marketing of Higher Ed 2016
  • 2. Your Presenters 2 Ann Oleson, CEO & Founder Converge Consulting Sylvia Haas, Executive Director UCLA Anderson School of Management
  • 3. 3
  • 4. About Converge Converge Consulting is a full-service inbound/digital agency for higher education. We are distinct in our ability to develop sound strategy and translate it into recruitment campaigns that deliver ROI in a crowded marketplace. • We live and breath what’s new and next. • Our DNA is digital. • We know education. • We believe in relationships and results. • Our customer service is unparalleled. 4
  • 6. Overview 6 I. Our Story: UCLA + Converge II. Industry Benchmarks III. Strategies by Audience IV. Funnel Communications V. Key Takeaways
  • 8. Our Story 8 Sylvia had four primary goals: • Stay ahead of the increasing competition • Expand geographic reach • Recruit more women & maintain military presence • Increase number of Inquirers
  • 11. Recruit Women & Maintain Military Inquiries 11 Class of Women Military/Veterans Inquirers 2016 32% 16% 1041 2015 24% 14% 1028 2014 30% 20% 730 2013 28% 18% 770
  • 12. Inbound Marketing CONVERT DELIGHT Search Engine Optimization (SEO) Inbound Content Offers Social Media Paid Advertising ATTRACT Calls-to-Action (CTAs) Landing Pages Forms Retargeting Amplification Content Strategy Ongoing Engagement User Experience (UX) Measurement STRANGERS VISITORS STUDENTS PROMOTERS 3
  • 15. Sample Monthly Plan Implement a digital advertising strategy to target users actively searching for MBA programs, users that fit into the target demographic and behavioral profile and users who have previously visited landing and program pages (remarketing). • Display Advertising • Contextual / Behavioral • Geofencing / IP Targeting • Specific websites • Social Media Advertising • Facebook / Instagram • LinkedIn • Twitter • Search Engine Advertising • Google AdWords • Bing Ads • Retargeting / List Targeting • Display ads • Social Media Platforms 15 Digital Advertising
  • 16. Lead Generation Trends: MBA 16 Industry Data Conversion Rate Cost Per Lead Search 6.89% $386.44 Display 0.59% $533.31 Remarketing 4.21% $102.40 Facebook 1.12% $111.25 LinkedIn 5.35% $162.00 Gmail 0.10% $650.76
  • 17. Sample Monthly Ad Spend 17 Digital Advertising Digital Advertising Strategy Lower Visibility Higher Visibility Display Advertising (10-15%) $500 $1,000 Social Media Advertising (25-35%) $2,500 $3,500 Search Engine Advertising (44-55%) $5,000 $15,000 Retargeting (10-15%) $1,000 $2,000 Total $9,000 $21,500
  • 19. Who is your ideal student? 19 Persona: Women
  • 20. Who is your ideal student? 20 Persona: Military/Veteran
  • 21. Who is your ideal student? 21 Persona: Medicine
  • 22. Who is your ideal student? 22 Persona: Energy Industry
  • 23. Strategy: Social Media Advertising Channels: LinkedIn, Facebook, Instagram, Twitter, Pinterest UCLA Strategy: Reach your target audience on LinkedIn based on demographics such as job title, industry, seniority, educational background, and employer. Suggested monthly ad spend: 25-35% 23 Digital Advertising
  • 24. Example Ads: Social Media Advertising 24 Digital Advertising Facebook Instagram LinkedIn (Sponsored Content) Twitter
  • 25. Strategy: Search Engine Advertising Channels: Google AdWords, Bing Ads UCLA Strategy: Reach users on Bing who are specifically searching for non-branded and branded ‘executive mba’ keywords in the greater Los Angeles area.  Suggested monthly ad spend: 45-55% Digital Advertising Keyword and ad examples: 25
  • 26. Example: Mobile Search Ads Digital Advertising 26
  • 27. Strategy: Retargeting / List Targeting Channels: Display Ads, Social Media Advertising (Facebook, Instagram, & Twitter) Target users who have visited your website or landing page but haven’t converted into a lead yet. Also, target prospects with admissions related messaging to encourage users to take the next step and apply. Suggested monthly ad spend: 10-15% 27 What else?
  • 28. Strategy: Display Advertising Channels: The Trade Desk, Google Display Network, Gmail Sponsored Promotions Reach your target audience through contextual and behavioral targeting or target specific companies and schools via geofencing or IP targeting. Suggested monthly ad spend: 10-15% 28 What else? Targeting and ad examples: YOUR AD HERE YOUR AD HERE
  • 29. Example: Gmail Sponsored Promotions 29 What else? Ad collapsed on mobile: Expanded ad: Targeting examples:
  • 30. Example: Gmail Sponsored Promotions 30 What else? Example of results:
  • 31. Landing Pages How do we increase conversions? Create landing pages specific to each specific program that showcase benefits, requirements, potential employment opportunities and career outcomes. Take a user-first approach with targeted and segmented messaging. Lead with user experience (UX) and generate landing pages that will help you turn strangers into visitors, visitors into leads and leads into promoters.
  • 33. 33 Communication Workflows Someone inquired. Now what? Develop a multi-touch point lead nurturing strategy for 30-60 days. Use a mix of email and phone calls that hit on competitive advantages, address common barriers to help convert more prospects to enrollments.
  • 34. 34 Event Emails Best Practices • Optimized for mobile view, easy to skim • Compelling subject line • Engaging visuals (graphics and photos)
  • 36. 36 Emails 4 Emails to Send After Inquiry: • Meet Your Person: Introduce an advisor to reach directly with questions. • Here’s How You Apply: A how-to, webinar or guide to walk them through the application process. • What’s Holding You Back: Messaging to address barriers and how your institution will help them move past them. • Alumni & Faculty Stories: Share testimonials, research and publications so they can see themselves as a part of your community.
  • 37. 37 Google Analytics What is the ROI? • Recommendations for improvement to enhance reporting • Set up of Google Analytics for reporting on AdWords • Set up of goals on action-based forms for the program including: inquiry form, application form, campus visits, etc. • Set up of dashboard to report on inquiry generation program and digital advertising
  • 38. 38 Data Reporting Examples of Insights: Dallas, 4 Irving, 3 Plano, 3Fort Worth, 2 New Jersey, 1 Texas 1 Garland, 1 Houston, 1 McKinney, 1 Rowlett, 1 San Antonio 1 Lavon 1 CITY
  • 39. 39 New & Next Ideas
  • 40. 40 New & Next Check out Ivy Exec. Invitation only business community with over 730K+ members, growing by 10 to 12,000 new professionals per month. 90% of members are interested in professional development and learning about education potions to advance their careers. Community consists of: • 18% C-Suite Executives • 25% VP/EVP/SCP Level • 25% Director Level • 22% Associate Director/Senior Manager/Manager Level IvyExec offers digital solutions including hosting/promoting online events, targeted email campaigns, newsletter placements, display ads, content promotion and dedicated landing pages.
  • 41. 41 New & Next Host strategic webinars. Professional development is a key interest of the MBA target audiences. We suggest hosting and promoting webinars that hit on high interest professional development topics as a way to initially draw interest from your target audience.
  • 42. 42 New & Next Amplify your content. Promoting content, rather than your program specifically, can be a great way to initially engage your target audience. Sharing alumni success stories or thought leadership pieces on professional development can generate engagement.
  • 43. 43 New & Next Get an external perspective. • Does the agency have certifications, partnerships or awards? • Can the agency provide case studies and references? • Does the agency have experience in your vertical? • How often is the agency reviewing and optimizing campaigns? Download it here: http://inbound.convergeconsulting.org/ch oosing-a-ppc-partner