Draft Motif

Marketing & Communications for HigherEd

More About Me...

My name is Paul Prewitt, I'm a marketing and communications professional specializing in e-marketing strategies in Higher Ed. I am the Electronic Communications Coordinator at the University of Arkansas Alumni Association and manage all electronic communications and marketing efforts for alumni & friends.

What it’s all about…

This site is intended to be a resource for other Higher Ed marketing professionals looking for information on email marketing, social media, web development, print design and other means of direct marketing in today’s challenging world.

Why Do We Fall Down? So That We Can Learn How to Pick Our Self Up!

Check out my guest post on .eduGuru to learn about a ‘FAIL’ that we recently fixed and hopefully you can learn from it too.

Why Do We Fall Down? So That We Can Learn How to Pick Our Self Up!

The Pumpkin or the Apple ROI Calculation

So you have probably figured out that doing an ROI Calculation is an important part of any project (yes even in Higher Ed). ROI (return on investment) is a key indicator to a successful marketing campaign, especially when you are collecting money.

What the heck are the Pumpkin & the Apple all about though? You probably have heard the comment about comparing Apples to Apples, well that pretty much explains it. I found out a few days back that there is more than one ‘ROI’ Calculation (who would have guessed). As you would expect one is going to be the Pumpkin and the other is the Apple.

Definition of ROI

According to Wikipedia.org it is “In finance, rate of return (ROR), also known as return on investment (ROI), rate of profit or sometimes just return, is the ratio of money gained or lost (realized or unrealized) on an investment relative to the amount of money invested.”

Did that make sense to you? Well for the non-finance majors out there let’s simplify this.
  1. The rate of return = A Percentage Result
  2. Rate of Profit = the amount of gain/loss for the project (yes loss)
  3. Return = what you can expect to get back from similar projects

The Pumpkin ROI Calculation

This is probably the most widely misused ROI Calculation since it shows an over inflated result. The calculation is also the simplest ROI Calculation.
What you’ll notice from the above calculation is that it happens to only work for a positive rate of return, meaning that the ROI can never be 0% or Negative. Well we have all probably seen (especially with the current economics) that ROI can be Negative.For example you spend $500 total to mail out a postcard and only get back $5 in donations (we would hope not but hypothetically speaking). The Pumpkin ROI Calculation would tell you that you get a 1% ROI for the project. However, we all can tell that $5 does not cover the cost of the $500 we spent to produce the mailer… so in short you’d have to consider the $500 a sunk cost for that calculation to work.

The Apple ROI Calculation

So maybe you noticed on Wikipedia that there is a calculation about arithmetic return. In short this calculation allows us to take into consideration the total cost and generate a 0% or Negative Return (yes it does actually happen).This calculation takes the Total Cost and removes it from the Total Revenue (yes I know accountants know that Total Revenue means Earnings – Costs but that is not the words used on the calculation typically) and then we divide that by the Total Cost (remember that multiplying by 100 just makes it a percentage).So going back to our example of a $5 Revenue and $500 Cost you’ll notice that the ROI is now more accurately showing that we get a -99% ROI. Meaning that we did in fact lose money on this particular project (a great deal of money) and it could be categories as a Never Try this Again appeal.

Why in the Heck is this important?

It is very important make sure that you are comparing Apples to Apples with your calculations as well as the answers title. Just because someone says this is the ROI for project XYZ, does not mean they have the same calculation for ROI as you do. It never hurts to ask the person providing you with numbers for their calculation and it could save you from making some costly mistakes.

Check this out too.

Karlyn’s recent post on Adding internal costs to ROI calculations. She brings up a good point on how to calculate Total Cost within Higher Education which is defiantly something we need to start looking at doing more.

The Social Marketing Campaign: Are You Social? We Are!

Check out my guest post on .eduGuru and get the inside scoop on the Arkansas Alumni Association's Social Marketing efforts.

The Social Marketing Campaign: Are You Social? We Are!

4Q Survey Helps Answer Why Visitors Come

If you have not tried the free 4Q Survey tool by Avinash Kaushik and iPerceptions then you are behind the game. The 4Q Survey is designed to help you better understand "Why" people are coming to your site.

Well, who better to explain what 4Q is all about then Avinash the original creator himself. To hear Avinash's explanation visit http://www.youtube.com/watch?v=o2LJliORQPQ.

So the video leaves out one simple thing to help the sales pitch for any tool, results. Therefore, we'll be going over the Arkansas Alumni Association's results for the survey loaded on the www.arkalum.org (only domain loaded on as we have others too). Since the tool has only been online for a few months we’ll go over September 2008 as we have full statistics for.

Since I'm a designer at heart lets start out with the important part, how it works and looks on my site (after all their logo is green).

So it is pretty simple looking and will fit into almost any site. Also since they co-brand it to your organization it appears to come from you and looks rather good.

Last but more importantly is our results. After all why bother unless you can actually get something out of the tool. Well, they claim that you can get the answer to "Why" and that you can and so much more.

First we can get a simple view of our overall participant satisfaction and even get a satisfaction trend over the life of the survey. This can tell us if our site needs improvement and even what needs improvement.

Next up is the Task Completion score (comparable to Goals in Google Analytics). This is probably the most significant score you can get on the tool as it helps answer tell if visitors completed the goal they came to the site for.

Last up is probably the most complicated portion of the survey but also the very best part too. The "purpose" distribution helps us tell "why" a visitor came and if it was successful visit. Not only based on our predefined purposes/goals but also allowing for the user to define their own.

Although the free version is lacking in exporting tools for the data a little time on ones part and all the collected qualitative data can be pulled out in a usable form. After we get all the data pulled out we can run it through a Tag Cloud generator like www.tagcrowd.com and start learning what is really important to our visitors.

Update: Sarah-Jane Morris, Marketing Manager at 4Q/iPerceptions pointed out that there is a new data export feature available in the 4Q Survey results section.


Below we see the top user defined purposes (for those completing their task) for September 2008. The top three are: scholarship, information, and alumni.

Also, we can see the top user defined purposes (for those not completing their task) for September 2008. The top three are: scholarship, information and alumni.

The above two clouds can defiantly help us to determine what is important to our site visitors and possibly what we should be promoting in the months ahead. Also the clouds can be generated for each of the specific purpose responses (open-ended comments collected).

All in all, this is a great tool for understanding "Why" a visitor is on your site and better yet if they are able to accomplish their goal/task. If you have not tried this tool out yet then I would strongly recommend it, as it has helped us learn that information "news and other" is very important to our visitors (but previously was at the bottom of our list).

"Why" not try it today!
http://4q.iperceptions.com

Get More by Tracking URL Redirects

Well you've probably got a URL Redirect out there already, but are you tracking it? Why not? There is so much that you can learn and it can be quite simple, especially with Google Analytics and a little code.

The most common reason for a redirect is a "Short URL" this is merely turning a really long/confusing website address like www.dartmouth.edu/~alfund/ into something like www.dartmouthcollegefund.org. These are also known as a "Print URL" as they are much easier to "print" on publications or tell someone on the phone. Also a redirect can be used to help show partnerships with other programs like www.uclalumni.net/MasterCard.

Time to Start Tracking with Google Analytics:

Now that you have a redirect going to a page on your site and you are using Google Analytics, I recommend that you follow Karlyn's Fast Tip Friday: Google Analytics URL Builder. Also check out Kyle's Free Destination URL Builder and Tracking Tool. This is going to defiantly improve your knowledge on where they came from and what they accomplished.

Going one Step Further and Tracking External Links:

Wait we are not done yet; I've got one more URL Redirect type for you to track. How about we track those 'partnership' redirects. That is right we can and should track the www.uclalumni.net/MasterCard redirects so that we know what kind of traffic we are referring to our partners (albeit some will share that info). Since Google Analytics is not an option here we'll have to switch to the Server Pages as I mentioned in the Making URL Redirects 508 Compliant post.
<?php
//Tracking the User First
$mail_body = "Redirect: ".$_SERVER['SERVER_NAME'].$_SERVER['REQUEST_URI']."\n".
"IP Address: ".$_SERVER['REMOTE_ADDR']."\n".
"Date & Time: ".date("l, F, j, Y h:i:s A")."\n\n".
"Referer: ".$_SERVER['HTTP_REFERER'];

mail("you@school.edu", "redirect name", $mail_body, "From: Redirects <redirect@school.edu>");

//Redirect the User Next
header("HTTP/1.1 301 Moved Permanently");
header("Location: http://www.draftmotif.org");
?>
So there you have it now we can track all sorts of redirects both to our site and going to a partner site. Also, since I'm going to be writing a MySQL version of the above script soon if you've got tips, ideas or want a copy just let me know.

Now What? Stop and Think!

Having trouble thinking how you can put this to use (not a chance)? Before you print your next appeal or add a link like http://chancellor.uark.edu/13226.php to a magazine consider a "Short URL" and track it too. Got a TV advertisement running soon; why not track it and get a more accurate response rate. Also, visit Kyle's post on Using Redirectors for Offline Campaigns for a list of Offline Campaign Types.

Happy Tracking Everyone!
 

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