360alumni; the case for online communities

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360Alumni's HighEdWeb Michigan conference presentation. Learn how online communities can dramatically improve alumni engagement and fundraising while offering a significant cost savings over traditional communications methods.

TRANSCRIPT

If You Build It, Will They Come?The Case for Online Communities

May 22, 2014

TM

#alumnicommunity

https://www.youtube.com/watch?v=N4Pho3lRnyk

TM

#alumnicommunity

Engagement Highlight:Show Us The Love!

Santa Barbara City College

Welcome

#alumnicommunity

Change Is Coming

Changes prompted by the nexus (mobile, cloud, social & data)

are setting the stage for transforming the education

environment from a 20th-century mindset to a 21st-century

paradigm.

Predicts 2014: Technology Drives Education Toward Transformation

#alumnicommunity

Getting Started

#alumnicommunity

@360Alumni

#alumnicommunity

About Me

#alumnicommunity

Megan ReileClient Services

360Alumni

The Engagement Gap

#alumnicommunity

The Engagement GapA chalkboard explanation

Alumni Needs

Engagement Gap

Institutional Goals

#alumnicommunity

Audience Preferences Changed

% of alumni that never visit their website

360Alumni Primary Research Survey, June 2013

vs

% of alumni that would visittheir website

if it were more like a social network

#alumnicommunity

Thought Leadership

#alumnicommunity

What Alumni Want

#alumnicommunity

Graditude

#alumnicommunity

GraditudeGlad You Chose Us; Washington College

#alumnicommunity

https://www.youtube.com/watch?v=j-y8beRv1OI

#alumnicommunity

Alumni-Driven Engagement

#alumnicommunity

Online Communities:

- Jenny PreeceDean of IT

University of Maryland

4 Parts:People, a shared purpose, policies & computer systems

#alumnicommunity

Alumni Communities Make Sense

#alumnicommunity

New Business Models

“With the traditional funding streams withering away at

such great speed, academic institutions have to think about

not only how to cut cost, but, preferably, how to create new

revenue … they have to think about their business model.”

Gartner - Business Model Innovation Examples In Education, Jan 2013

#alumnicommunity

Sources:

MailingJet

Gloccal

InspiredM.com

Average Cost Per Alumnus

Telemarketing

Direct Mail

Traditional Website

Online Community

$ .64

$.53

$.19

$.14

#alumnicommunity

Average Time to Get Up and Running

Telemarketing

Direct Mail

Traditional Website

Online Community

12 weeks

4 weeks

2 weeks

12 weeks

#alumnicommunity

Millennials & Giving

#alumnicommunity

Constituent Pyramid

Top Donors;Very Engaged

Sweet Spot

Avg gift of $1,206

Increase frequency to 2x / yr:Additional $150,000

Increase percentage

to 15%:Additional

$75K

Average gift of $50.

30,000 Alumni, 10%

giving

-or-

#alumnicommunity

Connectivity Multipliers

#alumnicommunity

What About Social Networks?Social Media Explained

#alumnicommunity

Online Communities

#alumnicommunity

Social Network Drawbacks

● Different objectives● Too much noise● Data is not yours● Not a hub● Won’t build your brand● No integrated

fundraising

#alumnicommunity

No More “Various Vague Things”

#alumnicommunity

Benefits of Online Communities

#alumnicommunity

Online Communities Bridge the Engagement Gap

#alumnicommunity

Examples

#alumnicommunity

TM

Thank you for attending!

Q&AMegan ReileClient Servicesmreile@360alumni.com716-239-1554

#alumnicommunity

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