
An effective strategy to nurture leads in Higher Education
An effective strategy to nurture leads in Higher Education 18 February 2021 Lead nurturing for higher education Is your institution looking to recruit more students?
“Online Education is going to grow in 2021” – well, duh?
The covid-19 pandemic has made us sure of one thing – if something can be done online, it now has to be done online. Education is no exception and, despite the gloomy headlines, online centres are silently drooling at the prospect of a record-breaking 2021 for admissions.
The short answer is yes. We can be fairly sure that online education centres will see increased demand next year. In fact, many are already experiencing it.
However, increased demand for a product doesn’t automatically result in more sales (in this case, admissions). Firstly, there are a lot of online education centres in the UK alone. If a small number of them get their marketing strategy spot on, the rest will be wondering what happened.
Secondly, location isn’t a barrier anymore. If courses are 100% online, what’s to stop students applying to centres all over the world? The competition just got a lot tougher.
In fact, 2021 could be one of the most complicated years so far for online education centres.
The latest phenomenon that’s taking the online education centre industry by storm is predictive lead scoring. It’s a form of AI that plugs directly into your CRM and tells you which leads are most likely to convert, based on real-time data. See how it works
It’s especially useful for education centres as the software is designed to work well with large quantities of leads and high-value potential prospects, both of which are relevant to higher education.
A reliable predictive lead scoring model allows centres to focus your efforts on the students with more potential of enrolment. Having an efficient enrolment process that churns out consistent results is key in times of change.
Having assessed the UK education market, we have come up with the following areas of priority for 2021:
New times, new data.
What was working before might not be working now. Student behaviour and priorities have changed amidst the outbreak and we should be prepared to adapt our marketing strategies quickly to avoid spending money on what is not working anymore.
The great thing of having a predictive lead scoring in place is that you can review the performance of your campaign even before the students convert and detect any variations in the student enrolment process. See how it works.
You must be able to adapt in a fast-changing market on which no one has the certainty of the potential outcomes.
In order to compete amongst more competition in the education market you should focus your efforts and provide more personalised services.
You should be able to identify quickly the higher quality leads, in order to direct all your efforts towards them and assist them to make the decision to enrol in your education institution before your competition does.
Focusing your efforts on the right students has shown to increase the enrolment rate up to 40%. Read business case
Data shows the average enrolment journey is 10 months from first contact to enrolment, with an average three to five inbound enquiries [made from the prospective student] and 15 to 30 outbound [to the student].
It is important to not spend resources in enquiries from students that show a low chance to enrol in your centre. That’s why you must be able to detect the students with less potential to convert and undertake more efficient marketing and sales actions towards them.
See how Lead Ratings is helping education centres boost their student lead generation.
We are selecting 10 education centres in the United Kingdom to benefit from our tool for free. No hidden costs!
You will get a free license worth more than £4500
Application deadline: December 30, 2020.
Leave your details and an agent will get back to you with the application requirements.
An effective strategy to nurture leads in Higher Education 18 February 2021 Lead nurturing for higher education Is your institution looking to recruit more students?
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Lead Ratings uses AI-powered lead scoring to automatically analyse variables in current prospects’ data, identify patterns and detect similarities in new prospect profiles, assigning a quality score to any new lead in real time.
Do you want to know more?
Learn more about how lead scoring could be benefitting your education centre.
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