HOW
to ACQUIRE - Lead Generation
Strategies
Quality online lead generation has become increasingly
difficult as the competition for leads grows and the focus on
internet marketing continues. Major players continue to
drive up the cost of internet leads, while quality decreases in
part due to the high demand. Many schools don't realize that
the vendor they have chosen for lead generation is likely
to be using a string of other vendors to meet the demand.
This causes a higher lead cost for a lower quality lead. Low
quality leads contribute to lower lead conversion and
ultimately to lower student retention.
We have purchased leads from many different providers with
varying costs and quality. We have managed admissions call
centers and have trained more than 2,000 admissions
representatives in effective lead management. We have helped
schools examine and improve their lead contact strategy using
marketing analytics. While there are many variables in the lead
to application process, the initial critical factors
include:
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Is the potential student data valid |
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Is the potential student qualified |
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Is the potential student interested in attending
your school |
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How quickly does your school contact the potential
student |
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How knowledgeable and well trained are your
admissions representatives and how focused on
student retention |
Schools often pay extra for
"exclusive" leads only to find that those leads have
actually requested information from many colleges or
universities. In today's fast paced world, students use
their internet savy to explore multiple degree websites and
request information about both campus and online degree
programs. It's more important in an online marketing
strategy to pay a reasonable lead cost from a reputable
provider that reaches your demographic. Then make sure you
have strategies in place to reach out to those leads quickly
and effectively.
Because of our experience in working with various
lead providers, we have become very selective in our choice of
vendors. We will help you examine your current lead generation
strategy and conversion metrics and then identify opportunities
to improve your conversion. We look for opportunities to
find the best lead generation sources for your
school.
For help with your lead generation needs email us
at info@howopportunityworks.com.
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