Posts Tagged ‘college costs’

Actionable Data to Increase Yield NOW!

April 18th, 2016

Yield-Enhancement-SeriesNo matter what you call it, Yield Season, Crunch Time or The Finish Line, it’s NOW.  Take a deep breath and keep on reading.  We have new actionable information that will guide you toward greater success in the days and weeks ahead.

Our new research reveals that a student’s college selection is tied closely to the strength of the relationship they build with a college over time. Contributing to the overall relationship are interactions a prospective student has with current students, professors, admission counselors, and even people in points across campus and beyond that are unknown to the admission office.

The more than 12,000 college-bound students nationwide who participated in our most recent co-sponsored study, The Relationship Dynamic, offer insights on what will, and will not, lead them to selecting your college.  Study results will be released next month but we are sharing some key findings with you today.

When is the bond with a college sealed?

Over 70% of students told us that the relationship they built with their college of choice had a major influence on their enrollment decision. For the purpose of this study, we defined “relationship” as the student’s emotional connection to, affinity with, or excitement about attending.

Blog Yield Relationship TimelineIn the graph on the right, you will note that more prospective students identify April as the month they bonded with a college. In a previous study, The Excitement Factor, we asked students to tell us the month they made their final college selection decision. That chart looks exactly like the one on the right. Their final decision is in perfect alignment with the realization of a relationship. Clearly, when a student feels their connection with a college, they are quick to claim it as their own.

Another interesting thing about this chart: about 20% of students will develop a bond with their chosen college after May. That suggests how much potential there is to connect with students and win their enrollment during the summer. It also suggests that the lack of a relationship may foreshadow melt.

Now is the time to ask each and every student in your pool this crucial question: “At this point, how strong a bond do you feel with us?”

If you get the answer you want, terrific. But, if not, follow-up with questions that will help you better understand the student and lead to a successful conclusion for both the student and your college:

  • “Do you feel you’ve developed a relationship with any college?”
  • “What about that school is exciting to you?”
  • “What can I show you here that you really want to see?”
  • “Who can I introduce you to that will tell you what it’s like to attend here?”

Yes, these are very direct questions. Counselors often hold themselves back from asking penetrating questions because they’re concerned that students will perceive them as being intrusive. That’s unfortunate. For both the counselor and the student.

Blog Yield Action Item 1Admissions counselors who employ the direct approach tell us that they are often surprised by the depth of the answers they get when they specifically ask about a student’s level of excitement and the bonds they have with one or more colleges.

Not only do they get a real-time assessment of what the student is feeling, but they frequently uncover the ONE THING that will turn an admitted prospect into an enrolled student. It’s simple, effective and a WIN-WIN for all.

Now is the time to present your college’s value in a way that has meaning to the individual student you are addressing.

Blog Yield Action Item 2

If you have been creating a relationship with the prospective student, you already know a great deal about his or her specific interests, goals and personality traits.  In truth, at this point in the cycle you may only be half way to understanding what is going to drive the student to select you.

You still need to know how their feelings and emotions are going to influence their college selection. The only way to do that is by having a conversation in which you can ask questions that will reveal what is important to them emotionally.

Try this: The next time you’re talking to a prospective student, ask this simple question, “On a 10-high scale, what’s your excitement level about coming to our school?” Give them permission to be honest by telling them that they won’t hurt your feelings. If you get an answer that’s anything less than a 10, follow up with the sincere and honest question, “What would get you to a 10?” Listen to what they say. Listen for how you can help them.

We help colleges and universities with their recruiting efforts every day, especially now during yield season. If we can help you, please let me know. If you’ve thought about helping your staff with professional development, now is the ideal time to train and motivate your staff. Email or call me if you are interested in how we can help. Continue the conversation on Twitter @LongmireCo. For more information about Longmire and Company and the tools we have to offer, click here. Be sure to subscribe to Versions of Conversion today so you can stay up-to-date.

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.

Uncovering Hidden Objections Will Transform Your Conversations With Prospective Students [Video]

March 22nd, 2016

We recently launched a series of free video training tutorials on our website and YouTube channel aimed at making your counselors even better at their jobs. On our website you’ll find an ever growing list of admission counselor tutorials. Subscribe to our YouTube channel for more tutorials, powerful data from national co-sponsored studies and interviews with some of your peers.

CounselorTrainingSeriesVideos270x150Would you be surprised to learn that many students in your admit pool are withholding something from you?  What if that “secret” is the one thing that could derail their plan to enroll at your college? Maybe it’s a concern. Or something they simply don’t like about your college. It may be a negative perception that’s based on a false assumption. It could be something huge or it may be something small, but it is something you need to know.

We have found that nearly every prospective student has a hidden concern or objection that could disrupt their path to enrolling. Even the most skilled admissions counselors often find it difficult to uncover these “secrets.” Typically, students don’t open up and share their concerns for one of two reasons: A) Your prospective students are genuinely kind and don’t want to hurt your feelings, or B) they are concerned they will reveal something that will hurt their chance of being admitted.
They may not tell you but they have told us. We provide a tool called the Yield Enhancement System (YES) that gathers key information from students at a crucial point in their college selection process – after they have applied. YES gathers candid information from students in a college’s admit pool about their needs, preferences, perceptions and plans, including which colleges are truly under final consideration and what they are most concerned about.

Over the years we’ve asked more than a million college-bound students two simple questions: What are your top-three colleges and what are your positive and negative impressions of each?

Very often, we find that the one thing troubling the prospective student is actually a misconception. We see this time and time again, even among those students who completed extensive research, toured the campus and received exceptional one-on-one counseling. And, almost always, the concerns can be addressed and overcome, if only you, the counselor, can uncover them.

You can uncover hidden objections and help the student make an informed decision about which institution is the best fit for him or her. Skillful probing is the key to uncovering the things that may be holding a student back from making a final commitment. Give him or her permission to open up: “At this point, most students I meet have at least one major concern. It is a normal part of the process. What is yours?” Sometimes it’s the student’s misunderstanding about a fact. Sometimes it’s a false assumption.

Probing with open-ended questions and attentive listening will also help you peel back the layers of the underlying issue and allow you to remove a doubt or a fear.  The student who was worried about getting lost on a large campus? A quick walk of the campus with the counselor was all it took to change her mind. And, the student who was concerned about a lack of social activity? That vanished when the counselor introduced him to several students who shared his interests.

For a quick video tutorial on another highly-effective technique for revealing and dealing with hidden concerns, watch here.

A highly-personalized approach is most important at this stage of the recruiting cycle. The goal is to best serve the student by truly understanding what he or she needs and wants. Ultimately, that will make both you and the student more successful. One of the keys is to address potential objections and concerns head-on. It must be part of your conversations with prospective students.

Longmire and Company’s on-campus Interactive Training Workshops dramatically improve the performance of counselors and staff in areas such as effective communication with students and parents, applying creative entrepreneurship to their jobs, validating past and planned actions against outcomes, and discovering and leveraging the motivations of students (and themselves).

The net result? Improved service to prospective students and families, measurable increases in yield, increased counselor and staff job satisfaction, enhanced teamwork, and innovations in work process within the department.

If you’ve thought about helping your staff with professional development, now is the ideal time to train and motivate your staff. Email or call me if you are interested in how we can help. Continue the conversation on Twitter @LongmireCo. For more information about Longmire and Company and the tools we have to offer, click here. Be sure to subscribe to Versions of Conversion today so you can stay up-to-date.

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.

 

Tools to Create a Championship Admission Team

September 9th, 2015

Last year, our team brainstormed a way to share with the higher-education community at-large some of the unique methods we use to help colleges build powerhouse admission departments. The end result was a CounselorTrainingSeries270x150series of eleven blog posts, “The Counselor Training Series,” that turned out to be quite the crowd-pleaser making these some of the most popular posts in the history of our blog. Just in case you missed it, or if you’d like to review these winning principles, here is a recap of the series that can help you build a championship staff.

4 Simple Steps to Amp Up Your Recruiting Efforts

At the heart of our highly-successful Interactive Counselor Training Program is a proven model of communication that counselors tell us is transformative. It is simple and effective. Adopt this straightforward method and you will see greater success in your recruitment efforts.

Probing to Uncover Key Information about Prospective Students

The vast majority of counselors don’t cover a sufficient number of topics with a prospective student. We tell you why you must probe and how to do so effectively.

Powerfully Presenting Your College’s Value Proposition

Here’s how you can define your value to students and parents in a truly meaningful way.

Uncover and Break Through Objections and Concerns

We show you how to turn questions, concerns, objections and indifference into conversations that lead to enrollment.

Take this Crucial Step Toward More Productive Conversations with Students

Get the student to take the next logical step on the path to enrolling.

Learn to Differentiate Your College in a Compelling Way

Break out of this trap: The students and parents you’re talking to are hearing the exact same thing from every other college they are considering.

Adopt an Entrepreneurial Approach for Greater Success

Learn this secret from some of the most successful college recruiters in the country. Hint: You can master it, too!

Establishing Goals and Holding Yourself Accountable

Take a page from savvy business builders. Adopt these behaviors into your role as an admission counselor today for immediate results.

Get Out of Your Own Way for Richer Conversations with Students

Step out of your comfort zone and ask questions of students and parents that you have never asked before. The results will surprise you!

Tap into the Excitement Factor

Colleges and counselors that are most successful at recruiting are masters of understanding each prospective student and generating their excitement.

Are You Adding Stress for Your Prospective Students?

Here is how you can differentiate your institution by RELIEVING, rather than ADDING, stress to the college selection process.

Interested in taking the next step toward creating a Championship Admission Team? Now is the ideal time to train and motivate your staff. Email or call me if you are interested in how we can help. And, if you RelationshipDynamic_300x172want to join a prestigious group of colleges and universities that are exploring the issue of building relationships with prospective students click here for information about of our new co-sponsored study, “The Relationship Dynamic: How prospective students form a relationship with your college, and why it matters in your ability to grow and control enrollment.”

Continue the conversation on Twitter @LongmireCo. 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. Connect with Bob at Linkedin/in/boblongmire.

 

 

3 Things Prospective Students (and their parents) Want You to Know!

September 1st, 2015

Over the next few months you will have many conversations with prospective students and their parents. What better time to offer you some insights we’ve collected from tens of thousands of 3 things boystudents and their parents who have shared their thoughts, feelings and viewpoints on the college selection process with us through our national higher education co-sponsored studies?

Here’s what they want you to know:

“I’ll be judging your service delivery from the first interaction.”

You know that you never get a second chance to make a good first impression. In our national co-sponsored study, “Pre-Enrollment Service: How customer service delivery during the recruiting cycle influences enrollmentwe found that over 53% of students and parents say the pre-enrollment service they receive from a college influences their selection decision.

They also say that service is one of the best ways to differentiate one college from another. The fact is: Prospective students and parents view the pre-enrollment service they receive as predictive of how the student will be served after enrollment. They will avoid colleges that exhibit bad service during the “college shopping” process.

Colleges and universities that score the highest in pre-enrollment service are those that view prospective students and their parents as important customers. They typically engage every person on campus in a customer service plan with clear and actionable instructions and objectives. Most importantly, they express to each person how key their role is, and offer specific ways they can help the institution provide the best possible customer service.

“Make me feel wanted!”

In our most recent nationally co-sponsored study, “The Excitement Factor! we asked 13,000 college-bound students if the colleges they were considering had taken a personal interest in them at any point in the recruiting process. The response was shocking. Two-thirds said “No” or “Don’t Remember” and in our view “Don’t remember” is the same as “No.”

Student excitement about a college is enhanced when they perceive that the college has taken a sincere personal interest in them. As a practical matter, the more personal interest you take in a student the more you will find out about his or her unique combination of interests, preferences, desires, anxieties, and aspirations. With that greater understanding you will naturally communicate a unique value proposition. The student will perceive you as unique among their available choices. You will have reached the coveted state of differentiation. With 36% to 42% of students in the public and private pools, respectively, saying that this was influential in their college selection, it underscores the opportunity for colleges to impact enrollment by demonstrating a personal interest in students across every brand touch point of the institution.

“It’s easy for me to see cost. You have to help me understand value.”

Yes, cost is a factor, an important one, in the college decision process.  But it may not be the driving force you have assumed it is. Actually, less than 27% of the students in our Value Proposition study considered cost to be the overriding factor in their ultimate college selection.

Just what exactly are prospective students considering when they check out your college? In spite of what the media tells us, students 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.

Granted, cost and outcomes may be more top of mind for parents. However, both parents and students agree: the student has substantially more influence on college selection.

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. Again, value has many more components than just cost! 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.Maximize_Value

The lesson here: More explicit discussions of value and value expectation should take place between prospective students, parents and the colleges they are considering. Admission 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.

The road to graduation is long and has many twists and turns and it all begins with the college shopping process that students are navigating right now. Your challenge is to remain fully and continually connected with them in order to provide the highest level of personal service in all areas that will influence their realization of the full value your college provides.

We are helping colleges with their recruiting efforts every day. If I can help you please call or shoot me an email. 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 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.