TIM MCCARTHY ACCOUNT EXECUTIVE MARKETING SOLUTIONS
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Edu marketers are finding increasing success And responding with increased advertising 2000% 1500% 1000% 500% 0% 2014 2015 2016 2017 2018 (Projected) Growth in volume of campaigns since 2014 Source: LinkedIn Internal Data
Prospects are getting the message And more importantly, they are responding 250% more EDU prospects projected to submit lead forms in ‘18 vs. ‘17 Source: LinkedIn Internal Data
Beyond the lead where it matters most These prospects are actually enrolling 220% increase in enrollments after exposure to paid ads (‘18 v. ’17) Source: LinkedIn Internal Data
New pockets of industry depth US LinkedIn Members: 2 Million RNs 3 Million Teachers 70% of all Registered Nurses 96% of all Teachers Nursing and Teaching degrees are growing 1.9x and 1.8x faster than Business degrees
Members are using degrees to pivot into new fields % of US members entering into Master’s Degree from non-related industry 20% 25% 35% Business Education Computer Science Source: LinkedIn Internal Data
Sponsored Content engagement is growing Record levels of ad engagement +20% +49% +331% YOY in FY18 YOY in FY18 YOY in FY18 Impressions Engagement Leads
LinkedIn makes search more efficient Analysis of prospects attributed to Google at one institution 17% 17% +5 Points 42% Increase 12% Google + LinkedIn is more valuable Inquiry-to-Start Rates than Google alone. Not Exposed Exposed Clicked But on LinkedIn to Ad on Ad
Our effect on website leads is even bigger Website prospects attributed at one institution +12 Points 1 50% Increase 53% 2 +29 Points 2 36% 1 121% Increase Inquiry-to-Start Rates Attributing leads to your website 24% may be undercounting how influential LinkedIn has been on that lead. Those who have been exposed and/or clicked on LinkedIn as well are much more valuable. Not Exposed Exposed Clicked But on LinkedIn to Ad on Ad
PRODUCT MIX Aligning with and influencing student decision-making
Only in LinkedIn ads can we actually write about our program, and the content is still relevant and valuable because it aligns with the aspirational mindset on LinkedIn. v Michael Peck Assistant Director of Content Marketing Kellogg School of Management
Marketers must influence early in the decision process Aligning with it is key to effective and efficient long-term lead generation 72% ONLY 3 SCHOOLS 93% develop their short list before end up enrolling reaching out to a make the prospects’ at a school from their school representative short list short list Source: Connecting with Today’s Prospective Student, LinkedIn – 8/2015 17
An effective social strategy is key And LinkedIn offers the context of professional development for your message 75% 2x 60% of post-grad students use Prospects are over 2x more 60% of grads said they are social media when deciding likely to use professional very open to where to enroll* networks than social ones communicating with to research programs** admissions via professional networks** *Source: Connecting with Today’s Prospective Student, LinkedIn – 2015 **Source: Joint Research – Carnegie Dartlet & LinkedIn, 2018 18
We have the most powerful targeting in the world To drive student acquisition and insight • 100% 1st-party, consistently updated profile data on Groups Field of 590 million+ professionals. Study Skills Geo • Have a conversation with people who have just the Education experience you are looking for. • Show your relevance and value in a context that’s all about professional development, where people Company Industry Standardized Occupation job titles increasingly expect education to be front and center. Size Function Seniority
Product Mix What we know about the benefits of a multi-product, multi-touch approach • Utilizing the core tactics of Sponsored Content, Text Ads and InMail together is proven to drive the best results. • Sponsored Content is a full-funnel tactic best used in telling your unique story in a way that provides people at any stage of decision-making an Text Ads appropriate point of engagement. • Text Ads are a desktop-only, CPC tactic, perfect to promote desktop-preferable actions like brochure downloads and application. • Sponsored InMail regularly sees 50-60% open rates and 3-5% click rates in Higher Ed. Great for driving high-value actions from a high-value segment of an audience and a great way to enhance admissions efforts at scale. Sponsored Content Sponsored InMail
What does this look like in practice? Promoting the EMBA | Awareness Website Demographics gives you a window into your We set the parameters of our first-party We present top-line program own site traffic by program. Validate or adjust your targeting to reach everyone we think might be information in an ungated way strategy; understand who your prospects are. interested and qualified, giving plenty of room so people who are unaware or for optimization down the line. just starting to research their options have a way in.
What does this look like in practice? Promoting the EMBA | Engagement We continue to bring the We’ve set up retargeting pools for the program to life with content site overall as well as individual around value, outcomes, etc. programs. We continue to run content We use the Carousel Ad format to We’re specific about who we’re against the 1st-party audience pool and highlight the three individual talking to, their aspirations, the capitalize with retargeting to push concentrations of the program. details of what makes this EMBA deeper engagement. Video shows what the student different. experience is like.
What does this look like in practice? Promoting the EMBA | Action to Application IE Brown Executive MBA For executives who seek to disrupt the future of business. Learn more. Text Ads let people learn We have an eye on conversion tracking and make more on desktop and some audience optimizations. make it easy to register, download, etc. We deploy Lead Gen Forms on 1st-party and retargeting audiences, Sponsored We upload leads as a Content and InMail target audience to address potential objections and move them further down This allows us to identify pockets of greatest the funnel. interest and tailor InMail to them, which can come from admissions.
RESEARCH& RESULTS The value of consistent, multi-touch engagement
High frequency of messaging drives conversion Greater investment in repeated touchpoints yields better results IMPRESSION REACH 786K + INDIVIDUALS (Audience Size 100M+) 50% VOLUME 1-2 463K 63K IMPRESSIONS (60%) 3-9 (8%) 10+ of conversions 3K 5K driven by 8% of reach ENGAGEMENTS (20%) (33%) (WITH FREQUENCY OF 10+) 462 1304 CONVERSIONS (50%) (16%) Source: LinkedIn Internal Data Blinded Case Study
We know a mix of branding and direct response drives ROI Variety and depth drive more (and more informed) leads SINGLE DR CREATIVE MULTIPLE DR + BRAND CREATIVES 604 Leads 1,335 Leads 2x Lift in Lead At 0.2% submission rate of exposed audience At 0.4% submission rate of exposed audience Submission Rate DYNAMIC ADS SPONSORED CONTENT DISPLAY ADS SPONSORED INMAIL DISPLAY ADS Source: Blinded Case Study
You should be as “always-on” as your prospects are Heavy up where you need to, but let people find you when they are looking Leads Generated Per Campaign by Month [Indexed Against Avg.] 140% Lead volume is 120% relatively stable 100% month-to-month across EDU, with 80% Oct-Dec 60% averaging the most 40% leads per campaign 20% 0% Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Q1 Q2 Q3 Q4 Source: LinkedIn Internal Data
A little patience will pay off Over time campaigns will see increasing efficiency CPL vs. Spend Over Time 400% 250% CPL declines over time Cost Per Lead (Vs. 1st Month) 320% 200% with increased brand Spend (vs. 1st Month) awareness, campaign 240% 150% optimizations, and improved ad relevance 160% 100% scores generating cheaper bids. 80% 50% 0% 0% Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Spend vs. Initial Month Cost Per Lead vs. Initial Month Source: LinkedIn Internal Data Blinded Case Study
We need to be there (and be relevant) throughout Or most leads will enroll at other schools Leads Submitted to School LinkedIn research shows that 25K 7 out of 10 in-market leads In-Market Prospects from all sources enroll elsewhere 2K when not effectively nurtured. Enrolled at School 100 Source: LinkedIn Internal Data Blinded Case Study
The lead is not the finish line Nurture leads to seal the deal 30% increase in enrollment rate for leads messaged 3+ times after lead submission
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Key takeaways from our research Prospective students and graduates on the platform 1 Bachelor’s completion prospects have achieved critical mass on LinkedIn. 2 3 out of 4 grad school students and recent graduates are interested in continuing education. Prospects are over 2x more likely to use professional networks over social networks 3 to research programs and half of BA candidates and 60% of grad said they are very open to communicating with admissions via professional networks. 4 72% of bachelor’s prospects and 67% of grad prospects said they were still early in the decision process. +
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