Archive for the ‘Counselor Training’ category

Yield Enhancement Series: The Final Push – Find Your Unique Selling Proposition

March 11th, 2015

[This is Part 3 of the Yield Enhancement Series: The Final Push, offering actionable and effective strategies for the closing weeks of the yield season.]

Admissions teams across the country are in the midst of their most exciting, and yes, most stressful, time of year. Every communication you have with a prospective student right now could be the ONE that seals the deal.

No pressure, right? Consider this your review before the final exam. Here are a few key insights (backed by extensive research) that will help you frame the conversations you are having with the students in your admit pool in a more compelling way and help you win more enrollments.Yield-Enhancement-Series

First, get rid of assumptions. “I am going to cross Brandon off my list because he made it clear that he couldn’t afford us unless he got more financial aid,” or “Jessica’s mother told me that she wants her daughter to commit to XYZ University because we are just too costly.”

Not so fast. Before you give up on Brandon and Jessica consider this: As important as the issue of cost is in the college decision process, it may not be the driving force you have assumed it is. Actually, less than 27% of the students in our current “Excitement Factor” study (with over 13,000 participants) considered cost to be the overriding factor in their ultimate college selection.

Plus, 70% of students and parents told us they would reconsider a college they originally thought to be too expensive if it can demonstrate greater value. (See our report Your Value Proposition: How prospective students and parents perceive value and select colleges.)

We know with certainty, through our research and providing counselor training workshops on college campuses across the country, that Brandon and Jessica (and every other student in your pool who has expressed cost sensitivity) represent an opportunity for you to demonstrate your school’s unique value proposition. But first you have to define it. From the perspective of the student and parent. Not yours!

I am willing to bet that you can list 20-plus outstanding attributes about your college right now. Reasons why someone should come to your school. If so, good job.

The problem is: the students and parents you are talking to are hearing the exact same thing from every other college they are considering. That is the bitter truth!

To differentiate your college you must pinpoint the attributes that are unique to your school.differentiate-yourself-from-the-crowd It’s not just what you have in the way of programs, facilities and people. It’s what your institution believes in. It’s the type of students your institution attracts. It’s the type of experience you offer that is unavailable anywhere else.

Try this exercise. It will bring focus to your ability to distinguish your institution from all others. Make a list of all of the things you say about your college and all of the reasons you think a student would find your school attractive. Now, look at each item on your list and ask yourself, “Are my prospective students hearing the same thing from any other college?” Be brutally honest.

If you think other colleges are likely to be saying the same thing that you’re saying about yourself, then cross it off your list. At the end of the exercise count how many items you have left.

We frequently do this exercise in our Interactive Counselor Training Workshops on college campuses all over the country. I can tell you that, in most cases, the big list of “reasons why to attend” gets whittled down to nothing. Then, we challenge the counselors to identify the beliefs, culture and characteristics that are genuinely special about their school.

By forcing yourself to go through this very introspective process you will have discovered what truly makes you exceptional among the many choices available to prospective students.

I guarantee that in many ways your college is truly distinctive. Identifying those attributes allows you to have focused and engaging conversations with the students in your pool.

At this stage of the cycle, every conversation should include a highly-personalized discussion of the value you provide, matching your college’s unique attributes to what is most interesting and exciting to that student. This is your opportunity to demonstrate how your value delivery outweighs your cost.

We help colleges and universities with their recruiting efforts every day, especially now during yield season. If I can help you, please let me know.

Continue the conversation on Twitter @LongmireCo.   For more information about Longmire and Company’s Interactive Counselor Training Program, click here. Be sure to Subscribe to Versions of Conversion today so you don’t miss any of this highly-valuable information

RickMontgomery_100x100Rick Montgomery is as an Enrollment Strategist at Longmire and Company. With over 20 years in higher education marketing, he brings an innovative and dynamic approach to helping colleges and universities meet their enrollment goals. Rick can be reached at 913/492.1265 x.708 or via email at rmontgomery@longmire-co.com.

 

Yield Enhancement Series: The Final Push – Value Can Trump Cost

March 9th, 2015

[This is Part 2 of the Yield Enhancement Series: The Final Push, offering actionable and effective strategies for the closing weeks of the yield season.]

We have pulled some hard data from our recent nationwide study, Your Value Proposition: How prospective students and parents perceive value and select colleges to provide you with some strategies that you can implement today to increase your yield. In this particular study, over 7,000 students and parents discussed the various influences that impacted their college selection decision.Yield-Enhancement-Series

As admissions professionals, we know that parents often play a large role in influencing college selection, especially when it comes to the issue of cost. In some cases we assume (correctly or not) that the parent(s) will be the final decision-maker. However, when we asked both students and parents, “Who had more influence in the final selection of a college (parent or student)?” both groups agreed: The student had more influence. Significantly more. Parents want their child to be happy and successful. In the final analysis, they’ll pay for that.

Just what exactly are our prospective students and their parents considering when they check out your college? In spite of what the media tells us, students and parents are making their college selection decisions based less on outcomes four or five years down the line and more on what they will experience immediately when they step on campus. Job placement after graduation, for example, ranks fifth on the list of things most important to students and parents in selecting a college. It ranks behind academic quality, availability of specific programs and majors, cost of attending, and their feelings about the campus and students.

Only about one-quarter of students indicate that salary after graduation plays an “extremely important” role in their college selection decision. This attitude is pervasive among all students, regardless of intended course of study.

If you are looking for a way to distinguish your college from others, take note: Engaging in a detailed and highly personal discussion of value will set you apart.

Shockingly, only 2 in 10 students and parents say that the college they most seriously considered addressed how it plans to maximize the value received over the course of the student’s time there.

The lesson here: More explicit discussions of value and value expectation should take place between prospective students, parents and the colleges they are considering. Admissions counselors, financial aid staff, and even faculty should have conversations with students and parents regarding the value they desire and expect to get from the colleges they are considering.

Add value by helping estimate and manage all costs associated with going to college.College cost estimation service

Just 34% of students and parents say they are “extremely confident” that they have accurately estimated the complete cost associated with their first year of college. The ideal would be a much higher percentage given that it may be one of the largest expenses, if not the single largest, incurred by the family in a single year.

It is clear, though, that nearly all want help from colleges not only to estimate their costs but also to manage their expenses while attending.

Colleges can help. Students and parents want that help. Over 80% say they would find it appealing (50% say “very appealing”) if colleges offered an annual service to help them estimate and manage their educational and personal expenses associated with attending college.

Developing this service adds value. It can lower what is viewed as the “cost of college.” Some colleges are doing it now and it reflects a high level of service.

Value can trump cost. Engage in a detailed and highly personal discussion of value with every one of the students in your admit pool. Guide them to available resources to help estimate and manage their costs. And, above all, paint a picture that excites them about their future on your campus.

We are helping colleges with their recruiting efforts every day, especially now during yield season. If I can help you, please call or shoot me an email.

Karen Full picKaren Full is a highly-respected higher education professional who has held positions in admissions and enrollment management at several institutions in the Midwest and Florida. With her vast experience working with large and small, public and private colleges, Karen brings a valuable perspective to her role as an Enrollment Strategist at Longmire and Company. Call Karen at 913/492.1265 x.711 or email her at kfull@longmire-co.com. Follow Karen on Twitter @KarenAFull.

Yield Enhancement Series: This “Tune-up” Preps Your Team for Success

March 2nd, 2015

In the world of college admissions, the next few weeks are critical. By the end of April, just eight short weeks from now, nearly 80% of college-bound students will have made an emotional commitment to the college of their choice. Is your team ready for the work ahead?Yield-Enhancement-Series

Sure, they have traveled to dozens of high schools, met with thousands of prospective students and read a mind-numbing number of applications and essays, but are they truly ready to perform at their highest level during what is arguably the most crucial point in the college selection cycle?

If you think you, or your team, could use a “tune-up,” consider these three key points:

Time for a Goal Check-up

The most accomplished college admissions teams set goals and develop the strategies and action items that will help to achieve those goals. Most likely, this is something you did many months ago, but have you revisited them lately? Do you need to revise some of your strategies?

Top-performing admissions professionals clearly define their goals and metrics and they measure their performance. Regularly. Doing so enables them to see what is working and what is not, so that they can make positive changes for greater success.

Own it!

Highly-effective admissions professionals recognize that they have a huge impact on the financial well-being of the institution. As a member of the admissions team, you have a significant responsibility whether you are a counselor, an admissions support person, or the person who greets prospective students and parents at the front door in order to make a great first impression.

Your role can be compared to that of any entrepreneur in a start-up or well established company. Your responsibilities and input, like theirs, significantly influences the success and revenue of your college. Each and every day your accomplishments and the choices you make have a considerable impact.

We have found that the most successful admissions teams are comprised of people who take an entrepreneurial approach to their jobs. Regardless of their position, or their territory, or the pool of students they are responsible for, they approach their jobs as though they are building a business. They “own it.”

Like any entrepreneur, you should keep your antenna up to spot trends in the marketplace and know your unique place in that market. You have to effectively manage your time – the most valuable resource you have – to make sure it’s being allocated to deliver the best possible return. You have to constantly look for “better ways” and not be afraid to apply them to your process or suggest them to the team. You have to constantly develop yourself professionally. Read. Share ideas. Embrace new ways of doing things.

“Ability is what you’re capable of doing. Motivation determines what you do. Attitude determines how well you do it.”   — Lou Holtzhttp://www.dreamstime.com/stock-image-attitude-everything-motivational-slogan-napkin-cup-coffee-image33799871

This is probably the most demanding time of year for admissions professionals. On one hand, you may be feeling more than a little stressed and overworked, and you may well be running on adrenaline. On the other, you are enthusiastic about your college and are driven to accomplish your goals. The right attitude will make all the difference in how successful you are in the coming weeks. And, since attitude tends to be “contagious,” you will also be influencing your entire department.

We talked about how important your role is to your college, but equally important is your role to the students you serve. When you need a little attitude-adjustment, just remember this: Helping a student find the right college fit can be life-changing for him or her. You make that happen!

Continue the conversation on Twitter @LongmireCo. Need more yield strategies? Talk to us about our Yield Enhancement (YES) tools.  For more information about Longmire and Company’s Interactive Counselor Training Program, click here. Be sure to Subscribe to Versions of Conversion today so you don’t miss any of this highly-valuable information.

RHL_Photo_100x100Bob Longmire is President of Longmire and Company, Inc. He is a recognized expert on the topic of how prospective students and parents form their college selection decisions – and how colleges can use that knowledge to grow and control their enrollment. He can be reached at (913) 492-1265, ext 709 or at blongmire@longmire-co.com.

Yield Enhancement Series: Is Your Admission Team Primed for Success?

February 16th, 2015

You know that you are in the heart of the most critical period of the recruitment cycle. Over the next few weeks roughly 60% of your prospect pool will make an emotional commitment to either your college or another. You have already invested months (or years) working toward building the best possible incoming class of 2015 freshmen and, if you are like most admission professionals, you have steep enrollment goals to achieve.Yield-Enhancement-Series

Now, ask yourself this: Is my team primed for success?

If you answered with a resounding “YES,” you are probably in the company of only 5% of admission professionals that reported that they “were not at all concerned” about making their class for 2015. According to its September 2014 Higher Education Outlook Survey, KPMG reported that 85% of higher education leaders are either “very” or “somewhat” concerned about maintaining enrollment levels—a 14% increase from the 2013 report.

Here are things that any institution can begin doing tomorrow to improve the functioning and production of the admissions department: Identify the strengths of each and every member of the department, fully align their tasks with those strengths, and lead them with an understanding of how someone with their strengths is most productive.

http://www.dreamstime.com/stock-photography-time-now-motivational-reminder-green-sticky-note-image31832382All too often enrollment and admission managers wait too long to act on this. There is no reason you have to wait. When generals are in the heat of battle, or football coaches in the third quarter, they take stock of who the players are and put them in a position which will most benefit the team.

While this may sound simple in concept, it requires a radical change in thinking on the part of many organizations. They work more on trying to fix a department member’s weaknesses than maximizing their strengths.

When we work with enrollment management departments we use a similar model to enhance productivity. You would be amazed at the results achieved when people are allowed to discover and play to their strong suits. Gallup Press published a pair of books on this topic called Strengths-Based Leadership and Strengths Finder 2.0. I highly recommend them. The information and guidance can be put to immediate use.

In our Interactive Training Workshops for admission counselors, we see team members revitalized by the commitment that their leadership has made by investing in their future with professional development. At this point in the recruiting cycle our clients often see the training as a way to inject some sanity and organization at a time that is fraught with varying degrees of chaos and pressure.

Now, when you need your team to be performing at the highest possible level, is the ideal time to energize and organize them with a focused training program.

Consider this: the admissions department is responsible for the bulk of a college’s annual revenue. For state supported colleges, the percentage of total revenue generated through tuition may be well over 60%. For privates, it’s often 80% or more. Investing in the people who are responsible for generating interest among prospective students, managing the “sales” process and “closing the sale” offers the greatest possible return on investment.

We see it work every day: Hire the right people, put them in roles that let their strengths shine through, and give them the proper training and tools so they can populate the institution with students who will be successful and committed to the institution long after graduation.

Continue the conversation on Twitter @LongmireCo.  Click this link for more information about Longmire and Company’s Yield Enhancement System (YES).

[Subscribe to Versions of Conversion today so you don’t miss any of this highly-valuable information.]

RHL_Photo_100x100Bob Longmire is President of Longmire and Company, Inc. He is a recognized expert on the topic of how prospective students and parents form their college selection decisions – and how colleges can use that knowledge to grow and control their enrollment. He can be reached at (913) 492-1265, ext 709 or at blongmire@longmire-co.com.