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You are here: Home > Business > Strategic Planning > Alumni Survey Costs Reduced By 90% & Response Levels Up 500% |
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Hub You - Alumni Survey Costs Reduced By 90% & Response Levels Up 500%
Finding Your Target Market - The Prince and the Anti-Aging Cream se is quite common and can just as easily be in the hundreds of thousands of dollars. After all that expense, you would still have to analyze the data from the returned surveys. That means a further expense in having staff enter the information into a proper spread sheet.After poor web seminar results, the prince thought that maybe door-to-door sales would be more successful. On his first big day, Prince Mark woke up eager and excited about his new venture. With his product line and sales brochures in tow he began his journey through the village. He first approached a young mother who was strolling twin infants. "Perfect for my diaper rash cream!" he thought. Prince Mark gave his ever so charming sales pitch to the young mother. He even cooed and tickled the young infants. Until one yanked his hair and the other began to scream at the top of his lungs. Yikes! This was more than he had anticipated. Prince Mark was not very familiar FACT: The highest survey returns happen when there is a live conversation in place. A face to face survey or one conducted by telephone. W Is Your Wholesaler Dodgy or Legitimate? Fleeced, ripped-off, cheated, conned. We’re all afraid of losing money to wholesalers who turn out not to be the real deal. The horror stories can certainly be very off putting – especially to those just getting started. The trick is to spot it and stop it before it’s too late!So what are signs that you’re dealing with a crook?In my experience, there are 6 particular indications in particular that you may not be dealing with a legitimate wholesaler:· The wholesaler doesn’t sound business-like or professional when answering the phone. For example, he will answer with a plain ‘Yes?’ or ‘Hello?’, without identifying himself or the business name. With technology today we are leveling the playing field for all, and as a result can process your survey requirements more quickly and with a greater degree of cost effectiveness than you ever thought possible. We respect tight timelines and tight budgets, so we built our entire platform around ROI. (Return On Investment) FACT: For your survey to truly offer the smallest margin of error, (+/- 2%, nine times out of ten), the survey response needs to yield at least 2,000 responses, regardless of the original sample size. We encourage all clients to shoot for no less than 750 as a minimum response level. Most direct mail surveys rarely see a 3% return. In fact, we have a recent case study of a 14,000 piece mail out, at considerable expense, that returned less than a 1% response. This is not an uncommon problem but no longer acceptable! FACT: The highest survey response rates come from targeted surveys. IE: A survey targeting a particular interest group, like a university alumni. The least response comes from a random, untargeted approach. If you mailed 25,000 printed surveys that included a return envelope and prepaid postage, your costs would generally average at least $2.00 per unit. Which is clearly the wrong way to measure. Measure by response only and the true costs are very magnified. On 25,000 pieces mailed, a 4% return would be 1,000. Now the hard core truth .. that's a real $50,000.00 cost divided by only 1,000 returns = $50.00 per response. And that expense is clearly unacceptable these days. ROI Surveys only charge by the response, and thus we remain extremely efficient and, accountable. A $50,000.00 expense is quite common and can just as easily be in the hundreds of thousands of dollars. After all that expense, you would still have to analyze the data from the returned surveys. That means a further expense in having staff enter the information into a proper spread sheet. FACT: The highest survey returns happen when there is a live conversation in place. A face to face survey or one conducted by telephone. Wh Crisis Management: The Most Basic Of Needs s out of ten), the survey response needs to yield at least 2,000 responses, regardless of the original sample size. We encourage all clients to shoot for no less than 750 as a minimum response level.Crisis management is something that every individual needs to consider. Whether you are preparing yourself for a crisis situation or if you are responsible for a school full of children, it is necessary to be prepared. There are excellent resources to help you do this and it also helps to take a good look at your individual situation. There are many types of crisis management situations and we will discus that here.Business Related Crisis Management:• Public relation crisis: Could you be involved in negative publicity? It could destroy a company. Preparing for it is necessary.• Financial crisis: Probably the most important type of crisis manageme Most direct mail surveys rarely see a 3% return. In fact, we have a recent case study of a 14,000 piece mail out, at considerable expense, that returned less than a 1% response. This is not an uncommon problem but no longer acceptable! FACT: The highest survey response rates come from targeted surveys. IE: A survey targeting a particular interest group, like a university alumni. The least response comes from a random, untargeted approach. If you mailed 25,000 printed surveys that included a return envelope and prepaid postage, your costs would generally average at least $2.00 per unit. Which is clearly the wrong way to measure. Measure by response only and the true costs are very magnified. On 25,000 pieces mailed, a 4% return would be 1,000. Now the hard core truth .. that's a real $50,000.00 cost divided by only 1,000 returns = $50.00 per response. And that expense is clearly unacceptable these days. ROI Surveys only charge by the response, and thus we remain extremely efficient and, accountable. A $50,000.00 expense is quite common and can just as easily be in the hundreds of thousands of dollars. After all that expense, you would still have to analyze the data from the returned surveys. That means a further expense in having staff enter the information into a proper spread sheet. FACT: The highest survey returns happen when there is a live conversation in place. A face to face survey or one conducted by telephone. W Managers, Got a Grip on Your PR? but no longer acceptable!What are you trying to do with your business, non-profit or association public relations program? Get a little publicity for a service or product? Or, perhaps, you’re doing what you really should do, persuade your key external stakeholders to your way of thinking, then move them to take actions that lead to the success of your department, division or subsidiary.To reach that objective, and get a real grip on your PR effort, you need a model like this: people act on their own perception of the facts before them, which leads to predictable behaviors about which something can be done. When we create, change or reinforce that opinion by reaching, persuading and moving-to FACT: The highest survey response rates come from targeted surveys. IE: A survey targeting a particular interest group, like a university alumni. The least response comes from a random, untargeted approach. If you mailed 25,000 printed surveys that included a return envelope and prepaid postage, your costs would generally average at least $2.00 per unit. Which is clearly the wrong way to measure. Measure by response only and the true costs are very magnified. On 25,000 pieces mailed, a 4% return would be 1,000. Now the hard core truth .. that's a real $50,000.00 cost divided by only 1,000 returns = $50.00 per response. And that expense is clearly unacceptable these days. ROI Surveys only charge by the response, and thus we remain extremely efficient and, accountable. A $50,000.00 expense is quite common and can just as easily be in the hundreds of thousands of dollars. After all that expense, you would still have to analyze the data from the returned surveys. That means a further expense in having staff enter the information into a proper spread sheet. FACT: The highest survey returns happen when there is a live conversation in place. A face to face survey or one conducted by telephone. W 17 Surefire Ways to Annoy Potential Employers
Despite the President's encouraging words, the job market is still in sorry shape. There are more job seekers than job openings, so do NOT make things harder on yourself by doing any of the things on this list! Never, ever do these!Apply for jobs you are not qualified for.Send a generic cover letter that doesn't identify the position you're interested in, or match your qualifications to the job.Put a useless, seen-it-a-million-times Objective on your resume that says you want a "challenging opportunity with a forward-looking company where I can utilize my knowledge, experience and skills to our mutual advantage." FACT: The highest survey returns happen when there is a live conversation in place. A face to face survey or one conducted by telephone. W How Do You Welcome Visitors To Your Business se is quite common and can just as easily be in the hundreds of thousands of dollars. After all that expense, you would still have to analyze the data from the returned surveys. That means a further expense in having staff enter the information into a proper spread sheet.I visited a local lighting store a week ago. There was a receptionist at the front. She looked at me without saying a word to me. Not a “hello” or a “can I help you”? I thought to myself, “She’s not exactly oozing enthusiasm”. Someone forget to tell her that a warm welcome sets the tone for a good experience in the store.I didn’t know it at the time, but this was a sign of things to come. The store wasn’t very busy. I think there were probably 3 other customers in the store.I walked around and around and around. Two employees walked by me and made eye contact with me, but didn’t utter a word. Of course I could have spoken up, but as a marketer I wanted to se FACT: The highest survey returns happen when there is a live conversation in place. A face to face survey or one conducted by telephone. Whenever there is a form of human dialogue in play, there is always a much higher response. After all, surveys that arrive in the mail, unannounced, appear to be no better than the regular junk mail we all hate so much, or the never ending spam we receive online. We suggest a personalized one-on-one call with your client and after having a chance to connect with them personally, ask if they would mind taking your short survey. BTW: This technique always gets the highest response rate. At this point you would simply transfer the call over to our automated phone survey. A very smooth and seamless process, and proven successful by Nipissing University. FACT: Simply from the perspective of consistency, the automated survey will out perform the live call. Confused? Don't be! Every respondent who is transferred to the automated survey is asked each question in the same polite professional manner, each and every time. In this way, there is no possibility of someone stumbling over the words or reading them without any sense of sincerity, as might happen if the call were live. This of course brings a great deal of consistency into play, and after all, it’s our responsibility to make the survey as reliable and valid, as possible. We only use professional broadcasters for our automated voices. All voices are accent neutral, and research has proven them to be far more pleasing to the respondent, and thus, a better response is achieved. We recently completed a survey for Mr. Ken Crocker, Executive Director, University Advancement at Nipissing University. Ken is a seasoned player in the Advancement arena and would be more than happy to spe
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