May 18, 2012

How will 2010 perform

With 2009 being a perfect storm for EDU lead gen, how will 2010 play out?  

Almost all of the EDU lead vendors we have spoken to feel 2010 will continue to be strong for EDU lead gen, though most don’t expect a repeat of last year’s explosion.  Clearly the data suggests that most of the second half of 2009 showed a steady decline from the first half.  While year over year was still exceptional, the aggregate consistently began to decline in August continuing thru year end.  However November & December did not decline from October as much as previous years.

Press Release: Remington College Reduces Costs, Gains Greater Control over Their Lead Generation with Sparkroom Lead Deliver

Lead Performance Management platform provides Remington marketers with real-time insight into lead performance resulting in more efficient media planning and execution

Toronto – November 11, 2009 – Sparkroom, Inc. (www.sparkroom.com), a leading provider of Lead Performance Management solutions, announced today that Remington College has chosen Sparkroom’s Lead Deliver and Lead IQ platforms to automate their lead delivery and gain real-time visibility into the performance of their direct response marketing channels. Sparkroom’s on-demand platform will enable Remington to take control over their lead management, reducing costs and allowing them to make more informed decisions, while holding lead providers accountable for performance.

“It was clear that bringing lead management in-house with Sparkroom would drive significant cost savings and give us greater control over our lead vendors. However the prospect of switching over all of our providers, implementing our complex business rules, and integrating with our various systems and partners was daunting – it really requires a solid solution from a vendor that can be supportive of our service level needs,” said Bob Lutz, Senior Vice President of Marketing for Remington College. “After speaking with some of Sparkroom’s other customers, I believe they have developed a methodology for rapid migration to their platform and that they will help my team come up to speed with minimal pain.”

With Sparkroom’s secure, scalable, on-demand platform in place, Remington College will:

  • Gain access to a self-service platform that will enable them to proactively manage their lead vendors, allowing them to develop tighter relationships with key media partners;
  • Increase conversion rates and lower acquisition costs through access to lead performance data that will enable them to optimize their spend against their strongest performing segments and eliminating waste in areas that are not yielding results;
  • Eliminate time-consuming and error-prone manual process steps through the application of custom business rules and integrated delivery of leads to their CRM system and third-party call centers.

“We are thrilled to be working with Remington College, Bob Lutz and his team,” said Jamie McDonald, CEO of Sparkroom. “We look forward to providing Remington with a software platform that will help them better manage and optimize their lead generation and admissions activities, ultimately giving them a competitive edge and helping them to scale their business more quickly.”

The Sparkroom Lead Deliver platform includes:

  • Real-time lead capture. Bring together leads from all of your direct response channels in one central database.
  • Complex lead validation and scrubbing.Validate that the leads being delivered are within your campaign dimensions and eliminate fraudulent, duplicate and invalid leads before they reach your call centers.
  • Robust lead delivery engine. Deliver valid leads to multiple destinations based on flexible and customizable distribution rules.
  • Integration with leading CRM and Student Information Systems. Pre-built connectors to leading vendor systems to insert new leads and extract conversion and admissions data.

About Sparkroom
Sparkroom is a leading provider of Lead Performance Management software and services. Sparkroom Lead Deliver and Lead IQ provide a business intelligence and lead delivery platform to give direct response marketers the tools and expertise needed to measure, manage and optimize their lead acquisition spending across every direct response channel. Sparkroom’s software, which it hosts and delivers to its customers on-demand, enables customers to capture, store and analyze information generated by their lead buying activities and to gain critical business insights into the performance and efficiency of marketing and sales initiatives and other business processes. Founded in early 2007, Sparkroom is privately-held, with funding from private investors and Matrix Partners. For more information, visit www.sparkroom.com.

About Remington College
Remington College is a common name used by all 20 campuses of a group of affiliated companies of privately-owned post-secondary educational institutions. Remington College offers diplomas, bachelor’s and associate’s degrees in the fields of health science, criminal justice, business, electronics and information technology in 10 states and also offers online programs. Remington College and its predecessor companies have been part of the higher-education community since 1985.

Media Contacts
pr@sparkroom.com

Submit your EDU press releases Free: http://www.forprofitedu.com/press-release-submit/ 

to a whose who in EDU audience of over 3000+

EDMC pending IPO has created some excitement!

EDMC, Education Management Corp. planned IPO is getting lots of attention.  It may get frothy…  EDMC has some stellar holdings:

Art Institutes: with a focus on design, fashion, culinary & medical has achieved a significant brand in the market

Argosy: which focuses on Education, psychology, business, health & behavioral sciences also a strong brand with real credit to its quality & reputation.

Brown Mackie: really the career education focused division also has a strong history in accounting, business, criminal justice, tech, healthcare & legal keep them in the loop with the lower level degree programs even though they offer diploma, certs, assoc & bach

South: with it’s 100 year history & 5 locations really is an ongoing push for them as the online play has continued to move forward and gain ground.  Not yet a big boy, but clearly the management has the experience to take it to the next level.

Western State Univ. its little law school in Cali, may prove to be a future are of growth.

The EDMC group has brought together a strong management team who have done it before and hope to do it again.  They have the necessary tools & soon the resources.  It should be a nice one to watch.

LeadsCon East very strong this year, sold out early

For those of you who didn’t get into this years leadscon East, it was a solid show.  Lost of EDU folks from the school side, the vendor side as well as financial types.  It sold out early this year, hopefully next year they will find a bigger arena for the conference.  It’s a solid sign of the power and strength of the EDU space when shows like Leadscon, continue to show strength.

Clifford brings in the Big Gun!

 

Former GE Co. Chief Executive Jack Welch is lending  his name and money behind a successful educational entrepreneur Dr. Michael Clifford, injecting some star power into the budding industry of online education.

Mr. Welch is paying more than $2 million for a 12% stake in Chancellor University System LLC, which is converting formerly bankrupt Myers University in Cleveland into Chancellor University. It plans to offer most courses online. Chancellor will name its Master of Business Administration program The Jack Welch Institute.

June search volume strong, just not as strong as May

Finally some sense of reality, nothing can go up & up & up without ever settling down.  June search volume for edu terms remains very strong, but for the first time this year did not top the previous months activity.  Still, very strong signs of continued growth for the sector as compared to year over year trends.  It will be interesting to see August’s volume, as August is generally one of the strong turnaround months when dealing with the slower summer seasonality of edu lead volume in normal times that is…

June Search Volume

Our Linkedin Group just surpassed 1000+ members

Just wanted to share with you that we have surpassed the 1000+ member mark for our linkedin group.  There are many hot topics & discussions on that group from many of the leaders in the industry.  People seem to share more within that closed group than freely on the web.  If you are within the for profit EDU industry please feel free to join.

If you have not yet joined our linkedin group: For-profit Education, you can do so by clicking here and requesting to join: http://www.linkedin.com/groups?gid=1786509&trk=hb_side_g#h150-254

Search volume continues to buck seasonality trend

April 2009 search volume suggested a unique break from the tradition of seasonality of consumer demand in the education sector.  April traditionally starts the downtrend of demand that would generally continue downward and not pick up until August.  But this year 2009 April bucked that trend!  After discussion with numerous people who follow the EDUmarket the common thought was that the current economic cycle has resulted in a continued increase in consumer demand for a degree or continued degree enhancement.  Was this a new trend for demand?  Or, was April just an abberation?

Well if the May results have any indication, it looks like a new trend and continued demand increase.  May proved to be yet another exceptional month for EDU search Volume.  In fact, and in many of the key for profit EDU terms May has beat out all other months over the last year… 

The only exception to this trend is the school name keywords, here April still led the way with the greatest volume for most and January for some of the big names.

Reminder CCA’s online registration ends June 1

For those of you who are looking to attend the CCA Annual conference this year you may want to register soon.  The online registration ends June 1st and the price also goes up.  Heres a link: http://www.ccaconvention.org/

April search volume holding strong

Check out the April search volume: http://www.forprofitedu.com/marketing-firms/search-volume/april-2009-search-volume/

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