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Winning Promotion Techniques

Published on Feb 06, 2016

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PRESENTATION OUTLINE

Winning Promotion Techniques

Learning Resources Network (LERN) 

Measure everything separately by Gen Y.

Snapchat.

Snapchat.

  • Snapchat is a photo messaging application that allows users to take photos, record videos, add text and drawings, and send them to a controlled list of recipients. The messages disappear in 1 to 10 seconds.
  • 77% of college students use Snapchat.
  • We found a case study from West Virginia University : Five days after they joined Snapchat, the ran a contest asking their followers (mostly students) to “snap” them a photo of how they show their school pride. 25% of their followers responded.
Photo by @lattefarsan

Raise prices with a strategy.

Raise prices with a strategy.

  • Raise prices if you have prices well below a price point or in between two price points. Then raise to just below the next price point. Example: Price of $36. Raise to $39 just below $40 price point... Price at $79 (between $75 and $100). Raise to $95 or $99.
  • Have a waiting list for an event? Raise to next price point.
  • Raise prices if you have higher registration this time than last time.
  • You can take an event offered to the general public and turn it into an event for a specific market segment.
Photo by coffeego

Get mobile optimized.

  • According to analysts at Morgan Stanley, mobile usage will surpass desktop usage by 2015.
  • According to a recent LERN survey, only 50 percent of programs’ websites are mobile optimized
Photo by philcampbell

And the best subject line is...

Photo by Horia Varlan

And the best subject line is...

  • Toronto-based email tracking software company Contact Monkey cataloged 30 million email messages to see which subject line works best.
  • The winner? RE: With a 92% open rate
  • Next bests:
  • RE: Follw up, 90%
  • RE: Update, 89%
  • RE: Introduction, 88%
  • RE: Checking in, 87%
  • Contact Monkey says the shorter the subject line, the better. Two words or less seems to be the best.
Photo by shawncampbell

Emphasize or focus on the 20% of your work that yields 80% of the results.

Photo by ahh.photo

Perpetual shopping carts.

Photo by FotoDB.de

Perpetual shopping carts.

  • A perpetual shopping cart is one that follows the customer as the customer surfs your site.
  • It’s done when your website puts a cookie on the user’s computer. If the customer leaves the site without finalizing the registration but comes back in a day or two, the same shopping cart will be there.
  • Marketing Sherpa found 64% of those surveyed found a perpetual shopping cart to be an effective way of boosting sales.
Photo by thedescrier

Have teachers email current students in classes once a week.

Photo by JASElabs

Create an online quiz.

Rent a list.

Photo by KJGarbutt

Use YouTube collab channels.

Photo by redsoul300

Use YouTube collab channels.

  • A channel on YouTube shared between five people. Every week day is assigned one person to make a video on that day.

Let them sample your wares.

Let them sample your wares.

  • Host an open house a month before classes starts where one could come meet with a counselor, meet instructors sign up for classes and so on.
Photo by Jason Alley

Lose the silos in marketing.

Use discounts creatively to promote registrations.

Photo by moore.owen38

Use discounts creatively.

  • Register a friend and get a discount.
  • Bring a friend and you both get a discount.
  • Sign-up for two related classes and get a discount.
  • Sign-up for a certificate program on the front end and the fee is discounted as compared to taking the individual classes one-by-one and paying as you go.

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