Thursday 27 October 2016

How do Mobility Solutions create personalized student experiences with the help of Data and Analytics in the Higher Education Industry?


Technology evolution has influenced all the industries. Amongst them, the education industry is going through vital changes at every point. Evolution of the internet, electronic devices, and mobile phones have accelerated this growth.

Mobility Solutions in Higher Education

Student CRMThe Higher Education(HE) institutions are undergoing massive changes in operations and communication with students, teachers, parents, alumnus, staffs and prospects. Because students demand more tailored learning journey, individualised attention, and services. To serve these demands, institutions must become more efficient and start to implement technological tools which shall make things easier, manageable, and support in decision-making with the help of data and analytics.

In today’s education ecosystem, students are energetic, mobile, and tech-savvy. They are always connected to the internet. Mobility solutions such as CRM, mobile applications, and cloud solutions, etc., helps to automate and manage communications with prospects, customers, staffs and teachers “on the go”. These systems must be implemented to meet the needs of the new generation in an efficient way while cost-effectively addressing the requirements of the college and everyone in their community.

With the help of mobility software’s, institutions can bring together data elements from various sources to create a 360° view of each student and prospects. It activates information access smoother, delivers a personalised experience, creates targeted campaigns and sends messages in a timely manner. Moreover, student management solutions can be used to predict student’s success rate by tracking their activity and performance.

Needs and Benefits

Mobility solutions in HE assist colleges/institutions to manage their students, staffs, teachers and prospects on a single platform efficiently. The various needs and benefits are -

1.    Student Life Cycle Management (Contact Management)
At present, students are neither connected nor engaged through any of the channels or touch points as part of their study life. This infers that there is no particular method to communicate and serve the students based on their progress in the course.

Mobility solutions are designed to impact on every connection in the student life cycle and flawlessly integrate with institution resources and systems. Also, it helps to track every aspect of an individual student life cycle. With the help of data and analytics, institutions can now predict the student’s failure or success rates.

SAP Student Lifecycle Management
 2.    Service and Communication
Faculties and students are exploring the applicability of mobility services that can enhance the learning experience and assistance with research.

Software tools provide faster communications like online resources access, streaming administrative tasks, notify students about class cancellations, grade allocation and etc.

3.    Automation
Emails, social media messages, student alerts and any other type of communications can now be automated in order to speed up the response time. Mobility solutions shall provide workflow automation that takes care of all the follow-up processes.

4.    Recruitment, Marketing and Operations
Recruitments and marketing features help institutions to create targeted recruitment campaigns and help in lead management. Email marketing tools and templates further optimise the student recruitment process. This allows for smarter marketing, forecasting and budget planning, by maximising the ROI of the marketing process.

5.    Help and Support
Any profile or student that is connected to the system can get a help at any time or even contact respective departments, whether it is related to online tutorials/training, email, live chat, fee and exam management, etc.

HE Mobility Solutions

The competition has gone up in the higher education market as the students started to demand more personalised and faster experiences. There are industry-specific and generic mobility solution providers compete in this segment. They are –

The system is an open source solution which was built on salesforce platform and It helps to manage the complete student lifecycle from inquiry to alumnus.

Student CRM is a student recruitment tool that specifically built for the UK HE market. The solution allows institutions to purchase necessary modules based on the needs as part of pricing strategy.

Ascend is made for the recruitment part of the SLC with multi-language capability. Pricing is based on the number of applications registered.
  
Admittor is a simple system that offers white labelling option, high-level customization and a tagging system. It activates users to better manage and search the applicant pool with advanced execution options.

Jenzaber is a cloud-based CRM system that has integrated with IBM “Cognos” software which helps from reporting to analysis and metrics. “Dotmailer” integration brings email marketing optimization.

Full Fabric is popular with its appealing and easy to navigate design. The key features are real-time reporting and google maps integration with a great focus on prospect students.

Azorus focuses on recruitment and retains “more of the right students”. The platform has the ability to engage students at all the touch points with the institution, and also have the options to manage lead generation and event creation.

Campus Management is a complete student lifecycle CRM comes with both on-premises and cloud based solutions for the maximum functionality.

Mira Network is a multi-lingual mobility solution market leader in the Nordic Countries that comes with an Office 365 and LinkedIn integrations.

This solution is specifically designed to manage student admissions with a set of features, such as reporting, student exchange, and agent management.

The system comes with a lot of functional features such as staff performance tracker along with workflow automation, in-depth real-time reporting, Microsoft tools integrations, and online behavioural tracking.

Radius is an admission and enrollment CRM that helps to manage processes from enquiry to application and enrollment by tracking all student connections. This system allows identification of at-risk students, student outcomes, academic advising and online payments.

Proretention is a complete student relationship management solution that comes with various features such as multi-channel communication modes, vendor management, dialer integration and with inbuilt dashboards and reports.

The system is built for the Nordic education market. It offers offline access that allows offline data collection and automatic data synchronisation along with ROI insights from each marketing channel.

Future Trends

Student CRM Process


The importance of mobility solutions for the higher education industry is under continuous development to make learning more real-world & student oriented. The opportunities are higher in this market segment because of more enhanced demands and the popularity of “on the go” services. The Internet and digital transformation are the major causes of growth in the education industry and it is on the rise.

Research and surveys reveal that 59% of Institutions do not use any CRM because of the lack of knowledge on Mobility Solutions along with budget limitations. Surveys indicate that most of the colleges are considering to implement mobility solutions in the near future that opens up a whole lot of new opportunities.


Friday 14 October 2016

How could sponsor brands get benefit from Club's fan base?


Over the past couple of years, the sports and event market has grown to a lucrative and hundreds of billion dollars worth business sector. Sponsorship became one of the main profitable channels of income to teams.

Sponsors pay millions every year to be associated with teams and events to increase the brand awareness and sales to a wide range of audience. Like other marketing activities, sponsorship is not 100% measurable. Now it's time for brands to look beyond reaching millions of clubs fans with brand names by making use of fan intelligence.

How do fan intelligence help brands to increase Revenue?

As part of  Club's data strategy, they started collecting data across ticketing, social, merchandise, retail, hospitality as well as its community and website. Clubs are building intelligence on this data to increase their revenue as well as to provide fans with a tailored experience.

Sponsors can now ask for additional marketing rights from teams to  use their fan data for brands targeted marketing campaigns. At present, sponsorship limited to things like Logo & Name on Team Jersey, Countable Social Media Mentions &  Press Coverages and Rights to Activate Marketing Campaigns with 2 to 3 players.  Apart from a global reach through club fans, the number of benefits is limited.

Sponsors have to sign specific deals to use clubs fan data. They can utilise the Data and Intelligence of Fans like it used by the team or any business. Because the price of media is increasing every year and the insights on fans help brands to optimise and execute channel specific marketing activities. This in-depth knowledge on fans allows brands to work on where they spend out ad budgets and whom to target as well as what markets to focus through club's channels.

The advanced level insights on fans help sponsors to plan and execute targeted and tailored marketing campaigns around the year that is even after the tournament gets over. Its helps brands to associated with team long term to achieve the scale.

The long-term association and relationship by brand increase the engagement, conversion and loyalty among fans and also helps to understand the behavioural evolution of people. This helps to build more detailed profiles of potential customers and gives an improved ability to monetization of fans in the local and global market.

Targeted messages to teams supporter database can lead to higher opt-ins and sales. This new system assists in utilising marketing budget properly and brings a greater valuation to the sponsorship deal.

"Without big data analytics, companies are blind and deaf, wandering out onto the web like deer on a freeway." – Geoffrey Moore

In short, sponsors with intelligence on club fan base would be able to drive additional revenue through various touch points. It could be either through clubs or sponsor brands channels. Data and Analytics activates series of customized marketing and loyalty activities year around.



Thursday 6 October 2016

How does Fan Relationship Management(Fan Insights) helped Sports club's to drive better revenue?

Fan analytics are used in all phase of business to take better data-driven results as well as to meet specific business objectives. Fan Data and Analytics is widely implemented in sports business to improve the revenue and engagement.


The main reason sports brands and organisations started looking at the data is because of the reducing number of attendance for in-stadia games, merchandise and ticket sales, engagement and etc..

Till recent years, the data has been captured for the on-field game performance improvement. For example, Player performance analysis, on-field injury analysis,fitness analysis, game statistics,competitor players and game analysis etc. But the trend has changed now because it became important to generate higher revenue as important to win matches .

Most of the English Premier League, French League and MLB teams started looking at the fan data to increase their revenue by saving marketing and other operational budgets through proper analytics based decisions and finding out the various pattern to increase the sales. Also, teams use the help of analytics to improve the fan engagement and real-time game experience.

Let's start with English Premier League,

Manchester City

Manchester city has tied up with SAP to increase fan engagement and better matchday experiences. As part of driving engagement, analytics helped them to provide fans with behind the scenes player statistics, and real-time game insights,etc.,Analytics used to produce more powerful reports to evaluate how the club is connecting with its fans and partners.

Fan relationship Management
Fan Relationship Management - Manchester City FC
Fan Analytics helped them to optimise teams operations while providing new opportunities to enhance fan experiences wherever they are- in-stadium, online, via mobile devices.

Fan relationship management helped MCFC to increase the average attendance to 47,000 fans per match and able to sell 85,000 "Clever Cards" (loyalty cards) during the launching year.

How big data gives premier league football clubs an edge?

Chelsea

Chelsea club heavily depended on Fan Analytics and relationship management to present fans better experiences along with building brand awareness. Chelsea one of the premier league clubs who use Big Data efficiently for the success of sports business.

Fan relationship Management- Chelsea

Team collect the data and analyses to bring more sponsorship deals, new market penetration and much engagement apart from monetization context.

Chelsea uses Customer Relationship management system to interact


In-depth analysis on fans, helped them to launch new revenue services and open up partnerships with various brands.

Arsenal

Fan intelligence is a vital element that determines the success of sports business and helps to activate many deals. Arsenal bought statDNA, a US-based football data analytics company to do on-field sports performance analysis, in game preparation, in post-match analysis, and in gaining tactical insights.

Arsenal FC Case Study

Arsenal Analytic ResultsAlong with the on-field analysis, Arsenal also partnered with a CRM company to understand their fans and their preferences in-depth. Arsenal uses their fan intelligence for their sponsor brand marketing activations, creating a top notch on and off game fan experience and manage their marketing budgets effectively.

Arsenal used Fan Insights to sell more upper-class tickets and increased the ticket sales of their away games.

Emirates: 'CRM data key to £150m Arsenal deal'

French League - Paris Saint-Germain

Similar to EPL clubs, Paris Saint-Germain also used Fan insights to predict the club revenues through various streams and fan behaviour. They nailed down their fan data to know more about their fans behaviours and consumptions.

Case Study: Paris Saint-Germain Football Club Scores With CRM Strategy 

Like all other teams, club revenue came from ticket sales, merchandise, prize money and sponsorships etc., The last time PSG won a championship was on 1996, later their fans had nothing to feel great.

Paris Saint Germain - Analytic results

Using big data to create smart venues = happy fans

With the help of Fan Data, PSG managed to increase their fans in-stadia experiences, cross-selling, create new targeted campaigns, customer segments, measure fan satisfactions and etc.  Fan relationship management had given fans a whole lot of promotional discounts and benefits, at the same time club generated more marketing opportunities.


Major Baseball League - San Francisco Giants

San Francisco Giants- Analytic Results

Fan Relationship helped SFG also like other clubs in its operations. They were able to sell complete tickets in 140 games straightly. Though teams do a commendable work to deliver best experiences to fans, there is a decided difference with the help of Data and Insights.

In baseball, the small things and details which increase the fan experiences that brings fans back. It also supported the team's revenue production and efficient fan  monetization.


Data  and analytics become a valuable part of the sports business as it helps to run the business more efficiently, prove the value of their brands to potential partners, and to improve the monetization of fans in the global market.

All most all the top leagues and club's like Liverpool, Queens Park Rangers and etc started investing on various analytics and CRM tools to grab their fan data to increase the ROI through better fan experiences.