quick and simple methods to integrate gre and gmat purchases with your crm system

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Quick and Simple Methods to Integrate GRE/GMAT Purchases with your CRM Mary Pascarella Lauren Sears

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Page 1: Quick and Simple Methods to Integrate GRE and GMAT Purchases with your CRM System

Quick and Simple Methods to Integrate GRE/GMAT Purchases with your CRM

Mary Pascarella Lauren Sears

Page 2: Quick and Simple Methods to Integrate GRE and GMAT Purchases with your CRM System

• Overview of Sam Houston State University• Ideas for Search Criteria • Communications and CRM systems• Return on Investment• Looking Ahead

Session Objectives

Page 3: Quick and Simple Methods to Integrate GRE and GMAT Purchases with your CRM System

Sam Houston

State Universit

y

Page 4: Quick and Simple Methods to Integrate GRE and GMAT Purchases with your CRM System

Graduate Program Considerations

• Does it make sense to buy test taker names?• What is the structure of your administrative

offices?- What programs require the GRE?- What programs have room to grow?- Do you have score band requirements?

• How much money do you have?• How will you communicate the results?

Page 5: Quick and Simple Methods to Integrate GRE and GMAT Purchases with your CRM System

• SHSU uses ETS GRE Score Search Service via Hobsons- We receive bio/demo and target graduate program

• Scores are purchased for Humanities and Sciences• Searches are set-up by each program

- Domestic and International are separate searches• Searches are run monthly for the academic year

GRE Search Criteria

Page 6: Quick and Simple Methods to Integrate GRE and GMAT Purchases with your CRM System

• Limit to undergraduate seniors• No GRE score bands• GPA is 3.0 and above• Target program indicated by student is key

criteria

GRE Search Criteria . . .cont’d

Page 7: Quick and Simple Methods to Integrate GRE and GMAT Purchases with your CRM System

• Graduate Management Admission Search Service - GMASS® - new this year

• Cost is .75 per name• Criteria

- Test date range- UG GPA- Degree Interests that align with SHSU MBA concentrations

GMAT Search Criteria

Page 8: Quick and Simple Methods to Integrate GRE and GMAT Purchases with your CRM System

• Besides program – what concentrations are relevant?- SHSU offers a degree in forensic science but we buy

Chemistry and Biology names for this program• Consider buying scores for programs that don’t

require the GRE- We bought for International Literacy- We include MPA when buying GMAT scores

Thinking Outside of the Box

Page 9: Quick and Simple Methods to Integrate GRE and GMAT Purchases with your CRM System

What Data Comes Into CRM?

• Majors paired with best fit among our academic programs

• Leads assigned our best guess for entry term and year

• Mailing address, DOB, email address, etc.

First Name SammyLast Name BearkatStreet Address 1 3150 Avenue of the StarsStreet Address 2 Apt 1425City FriscoState/Province (USA/Canada) TXZip 75034Country USGender MEmail [email protected] Year 2016Entry Term 40Phone Major 1 BADM_MBAOpen Question Finance

Page 10: Quick and Simple Methods to Integrate GRE and GMAT Purchases with your CRM System

8+ Email Plan

Phone Call

Mailed Brochu

re

Communications

Experiment and test! We tried all of the following!

Targeted Emails

Page 11: Quick and Simple Methods to Integrate GRE and GMAT Purchases with your CRM System

Import GRE/GMAT

Leads

Same Day: Email from Program

Director (modified)

1 Day Later: "What Sparks Your Interest"

Email

Eligible to Receive

Additional:

If Same Lead is Imported 2x as

GRE/GMAT Lead

Same Day: "More than a Number"

Email

• Online Chat Invites

• Ad hoc Program-Specific News or Announcements

Page 12: Quick and Simple Methods to Integrate GRE and GMAT Purchases with your CRM System

Sample Emails

Page 13: Quick and Simple Methods to Integrate GRE and GMAT Purchases with your CRM System

Emai

l fro

m

Prog

ram

Dire

ctor

- B

io

Page 14: Quick and Simple Methods to Integrate GRE and GMAT Purchases with your CRM System

Emai

l fro

m P

rogr

am

Dire

ctor

- Bi

oCo

ntin

ued

Page 15: Quick and Simple Methods to Integrate GRE and GMAT Purchases with your CRM System

Emai

l fro

m

Prog

ram

Dire

ctor

- Bu

sines

s

Page 16: Quick and Simple Methods to Integrate GRE and GMAT Purchases with your CRM System

Advisor Email Reception

Average Best

Open Rate 56.70% 68.38% (Math)

Click Rate 2.79% 9% (CW)

Page 17: Quick and Simple Methods to Integrate GRE and GMAT Purchases with your CRM System

“Wha

t Spa

rks

Your

Inte

rest

Page 18: Quick and Simple Methods to Integrate GRE and GMAT Purchases with your CRM System

“Wha

t Spa

rks

Your

Inte

rest

”Co

ntin

ued

Page 19: Quick and Simple Methods to Integrate GRE and GMAT Purchases with your CRM System

General Email Reception

“What Sparks Your Interest”

“More Than a Number”

Open Rate 41.71% 38.94%

Click Rate 1.79% 1.83%

Page 20: Quick and Simple Methods to Integrate GRE and GMAT Purchases with your CRM System

ETS PerformanceGRE/GMAT

Leads Imported

53,000+

Opted Out of Emails 4,528

That is only 8%!

Page 21: Quick and Simple Methods to Integrate GRE and GMAT Purchases with your CRM System

2015 ETS Purchases

18,350

Applied42 (.23%)

Accepted20 (.11%)

Enrolled12 (.07%)

FY2015 Yield

Page 22: Quick and Simple Methods to Integrate GRE and GMAT Purchases with your CRM System

FY2014 Two Year Maturation

Yield Rate After

Applied % Accepted % Enrolled %

One Year 35 .23% 15 .10% 11 .07%

Two Years 45 .30% 21 .14% 15 .10%

Source Prospects2014 ETS Purchases 15,230

Page 23: Quick and Simple Methods to Integrate GRE and GMAT Purchases with your CRM System

• Migrating our process to a new CRM• Expanding major selections at ETS where

possible

Next Steps

Page 24: Quick and Simple Methods to Integrate GRE and GMAT Purchases with your CRM System

[email protected]@shsu.edu

Questions?