Key to the success of these integrated marketing campaigns was sophisticated web analytics that allowed us to track results, report them in real time and make continual refinements to the campaign. As a result, we were able to:
- Reduce costs and improve ROI
- Determine the best-performing media vehicles and re-allocate media dollars accordingly
- Track performance by both market and media type
- Track web conversion activities and paths
- Keep Sales and Marketing teams fully connected
- Systematize continual improvement
For example, we learned that both print and pay-per-click advertising delivered the best results in terms of cost per matriculant, while radio delivered “brand cover” for the program overall but did not drive applications or enrollments. The program saw 500% growth over a six-year period, the cost per enrollee was reduced dramatically, and in 2008 alone, ROMI was 802%.