Home
Log In to Post Comments


Data Quality Excellence Award 2008
  Morning Coffee
The Morning Coffee is a daily newsletter published by Innovation Ads. On the cutting edge of direct response marketing & enrollment management, we provide valuable industry insights. We recommend that you bookmark this URL and check daily for the latest release of the newsletter to keep up-to-date with industry trends.


Enrollment Management 101: Revenue Share and Partnerships


Patrick Sutton
6-5-08

Over the past two years, the enrollment management industry has expanded drastically. Still, the industry is in its infant stages -- there is not a clear definition of what an enrollment management service provider does. Most definitions of the term enrollment management refer to the process as a "soup to nuts" workflow, so by all accounts "enrollment management" addresses all areas of the student lifecycle.

The demand for process and workflow improvement in the student lifecycle is high as well -- many for-profit and not-for-profit schools have begun to place more emphasis on improving the back-office process: the goal is to provide exceptional educational services, in the most efficient manner possible.

While the definition is clear, and the industry-wide demand is clear, the supply of adequate products and services is still fragmented. Some enrollment management companies focus their efforts on retention products and services, other firms focus their efforts on branding campaigns, still other companies focus on enrollment marketing, or simply provide value added services by consulting.

While colleges and universities have begun to look for ways to increase the efficiency of student recruitment, financial aid, retention, graduation and alumni relations, the interactive marketing industry is gradually shifting as well. In an effort to improve process efficiencies across the board, academic institutions are demanding results for their marketing dollars--this means that more schools want to spend marketing dollars on results, rather than just branding.

Marketing Tactic Risk of College or University Risk of Marketing Firm / Service Provider
Cost per Click HIGHEST LOWEST
Cost per Lead    
Phone Verified Lead    
Hot Transfer    
Cost per Application    
Cost per Acquisition    
Revenue Share (Partnership) LOWEST HIGHEST


From more risk to less risk: the risk of the school declines as the commitment of the service provider increases from selling leads to colleges and universities, towards a revenue share model.

The revenue share is a curious thing: it is simply a payment plan, but it changes the very nature of the product or service that marketing companies provide to colleges and universities. Once a service provider is judged by an increase graduations, retention and starts rather than an increase in clicks or lead forms, the very nature of the relationship changes. The relationship between the service provider becomes a partnership, rather than a business transaction. The service provider is committed to maintaining the highest level of academic standards, and helping the student to have the most positive experience possible during his or her stay in order to avoid attrition.

The companies who can assist in helping schools to maintain academic excellence, find more students, and graduate more students are uniquely positioned to service the enrollment management industry.

Contact us today to find out more about strategic enrollment management partnerships.