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min read
Enhancing Enrollment Strategies with Time-Based Behavioral Insights
Recently, we shared three key breakthroughs that the machine learning engines managed by the data scientists at enroll ml have made available for enrollment leaders. Another item discussed in depth in our whitepaper, “Harnessing the Power of Machine Learning in Enrollment Management” that should inform admissions strategies immediately is the impact of time-based behaviors.
Understanding student behaviors is crucial for effective enrollment management. Traditional methods often fail to capture the dynamic and nuanced nature of student interactions, leading to missed opportunities for engagement. At enroll ml, we've identified that time-based behavioral insights can significantly enhance the precision and effectiveness of enrollment strategies.
Significance of Time-Based Features
One of the more surprising insights from our machine learning implementations is the critical role of time-based behaviors. Of course, it’s not groundbreaking that timing matters - but the precision our machine learning engine has found is quite significant. These features provide new and valuable insights that enhance the understanding of key enrollment periods and improve overall predictability. By tracking and analyzing the relationship between timing and frequency of student actions, institutions can gain a deeper and more precise view of student engagement and decision-making processes.
For example, the time elapsed between a student receiving information and scheduling a campus visit can reveal their level of interest and urgency. Similarly, monitoring the frequency and recency of interactions, such as email engagements and website visits, helps identify critical windows for outreach. By leveraging these time-based features, institutions can predict a student's likelihood to enroll more accurately and tailor their engagement strategies accordingly.
Practical Applications
In practice, implementing time-based behavioral insights has shown that timely actions and responses from admissions teams can significantly improve the effectiveness of outreach efforts. Understanding when a student is most likely to engage, or when they are at risk of disengaging, enables a proactive approach that can positively influence enrollment decisions.
Conclusion
Time-based behavioral insights offer a powerful tool for enhancing enrollment strategies. By understanding the dynamic nature of student engagement and leveraging real-time data, institutions can optimize their outreach efforts and improve enrollment outcomes. For detailed methodologies and strategic recommendations on how to implement time-based behavioral insights in your enrollment processes, download our full whitepaper, "Harnessing the Power of Machine Learning in Enrollment Management."
Time-Based Behavioral Insight
September 12, 2024
min read
Understanding enroll ml and Outcome Optimization Theory in Enrollment Management
Marketers have long mastered optimizing the consumer journey by focusing on strategic touchpoints that drive long-term loyalty and value. It's time for enrollment management to harness that same power. After a decade of mixed results striving towards real-time predictive analytics in higher education admissions, we can now pose an interesting thesis: perhaps we may have been using the wrong tool for the job. This post introduces you to the concept of Enrollment Outcome Optimization, which is deployed by enroll ml to prioritize long-term outcomes over immediate predictions—empowering admissions teams to make better-informed, more impactful decisions. This approach leads to more consistent, data-stable results, fundamentally transforming the enrollment process.
What is Outcome Optimization?
Outcome Optimization allows admissions counselors to identify and guide best-fit students through the enrollment process strategically. Unlike traditional predictive analytics, which are like road signs requiring constant interpretation, Outcome Optimization provides a GPS-like path, highlighting the critical actions that influence a student’s decision to enroll. This approach helps counselors focus on meaningful interactions today while planning future steps, aligning efforts to support students' needs and boost enrollment success.
Key Benefits of Outcome Optimization:
- Strategic Decision-Making: Focuses on high-impact actions to keep best-fit students on the optimum enrollment path.
- Holistic View: Offers a comprehensive understanding of the student journey, from current status to future steps.
- Risk and Opportunity Identification: Detects deviations from expected behaviors, helping mitigate melt risks and capture incremental enrollments.
- Optimized Focus: Prioritizes high-value students, reducing time on low-impact interactions.
- Consistency and Efficiency: Streamlines prioritization, enhances resource use, and provides predictable outcomes.
- Proactive Engagement: Anticipates challenges and guides students toward their enrollment goals.
How enroll ml's Machine Learning Enhances Enrollment Strategies
enroll ml uses advanced machine learning to provide deep, actionable insights that transform how admissions teams approach enrollment:
- Complex Pattern Identification: Analyzes diverse data points to uncover hidden patterns signaling a student’s likelihood to enroll, disengage, or require intervention.
- Daily Re-Scoring: Continuously updates student scores based on the latest data, enabling timely, data-driven decisions.
- Clear Funnel Prioritization: Simplifies complex data into actionable priorities, ensuring focused strategies on high-potential students and melt risks.
Outcome Optimization vs. Traditional Predictive Analytics
- View of the Student Journey: Traditional analytics have a fragmented, short-term focus, while enroll ml's Outcome Optimization takes a holistic, long-term approach to key moments.
- Identifying Opportunity and Risk: Traditional methods are reactive and spread efforts thin, whereas Outcome Optimization proactively prioritizes high-interest students.
- Consistency in Outcomes: Predictive models can be inconsistent and reactive to data changes; Outcome Optimization replicates proven behaviors for consistent results.
- Decision-Making Approach: Traditional analytics react to current data points, while Outcome Optimization anticipates and addresses future challenges.
- Focus on High-Value Activities: Traditional models dilute focus across numerous signals; Outcome Optimization concentrates on impactful actions.
- Ease of Implementation: Predictive analytics often require complex, frequent recalibrations, while Outcome Optimization simplifies by focusing on critical moments.
Why Outcome Optimization is Essential in Today's Enrollment Landscape
Enrollment management has evolved with efforts like the Common App and direct admit programs, reducing barriers but complicating predictive models. Here's why Outcome Optimization is needed:
- Dilution of Signals: Traditional indicators like campus visits now suggest less genuine interest due to easier application processes.
- Increase in Data ‘Noise’: A surge in low-intent applicants creates significant noise, making predictive models less accurate.
- Changing Student Behavior: Minimal effort in exploring options has shifted behavior from strong interest to casual exploration.
- Limitations of Traditional Models: Predictive models lose effectiveness deeper in the funnel; real-time engagement provides a clearer picture of intent.
- Need for Transparency: Students benefit from transparent, tailored communications aligned with their demonstrated interests, fostering a more connected enrollment journey.
When is Outcome Optimization Most Effective?
- Real-Time Decision Making: Traditional methods may suffice, but enroll ml’s approach offers a more strategic perspective.
- High-Frequency Low-Value Transactions: Predictive analytics can be useful, but Outcome Optimization focuses on high-impact actions.
- Complex Strategic Processes, Identifying Key Success Factors, Consistency Over Time, Resource-Constrained Environments, Long-Term Strategic Planning, Behavioral Change in Teams: All these areas benefit more from Outcome Optimization due to its strategic focus and ability to maintain consistent results.
Conclusion
While traditional predictive analytics remain critical for market understanding and investment decision-making, enroll ml's machine learning-driven Outcome Optimization is better equipped for the complexities of daily enrollment management. By offering a strategic, holistic view, reducing fragmented efforts, and consistently focusing on high-value activities, enroll ml helps admissions teams achieve more consistent and impactful enrollment execution and outcomes.
Understanding the theory behind enroll ml's machine learning driven outcome optimization
September 9, 2024
min read
The Transformative Power of Machine Learning in Enrollment Management
In the recently released whitepaper, “Harnessing the Power of Machine Learning in Enrollment Management,” we identified high-level data insights from watching thousands of behavioral data elements among nearly a million students. While the full paper is available here, you can get a teaser on this page.
In the competitive landscape of higher education, enrollment management teams face increasing pressure to attract and retain high-fit students with limited resources. Traditional methods, such as top-of-the-funnel marketing and profile-based probability models, often fall short, leading to data overload and missed opportunities for meaningful student engagement.
At enroll ml, we know that artificial intelligence (AI), particularly machine learning (ML), offers a transformative potential to address these challenges. Our 2023 work-time study revealed that admissions teams spend over 30% of their time on data management, even with sophisticated CRM and predictive analytics systems in place. By automating data analysis, identifying high-potential students in real-time, and enabling more effective and efficient enrollment strategies, machine learning can significantly improve enrollment team efficiency, performance, and results.
Insights from Machine Learning
While the full whitepaper offers deeper context, there are three key breakthroughs that our machine learning engines have made available for enrollment leaders in 2024.
- Behavioral Tracking: The shift from simple if-then behavior tracking to complex pattern recognition captures nuanced and dynamic student behaviors, providing deeper insights into student engagement.
- Increased Precision: Quick identification and understanding of high-potential students through real-time behavioral pattern recognition enhance the accuracy of predictions.
- Enhanced Efficiency: Automating data tasks increases counselor capacity by up to 30%, allowing for more strategic use of time and resources.
These advancements demonstrate the critical role of behavioral-driven ML in modern enrollment management, offering early adopters a competitive edge. The insights and strategic recommendations outlined in our whitepaper can help higher education institutions enhance enrollment processes, optimize resources, and improve student engagement.
Conclusion
Machine learning has already demonstrated the power to transform enrollment management by providing real-time insights into student behaviors, increasing precision, and enhancing efficiency. Institutions that embrace these technologies early will be better positioned to meet future challenges and capitalize on emerging opportunities.For a deeper dive into how machine learning can revolutionize your enrollment management processes, download our full whitepaper, "Harnessing the Power of Machine Learning in Enrollment Management."
Transforming Enrollment Management
September 5, 2024
min read
The role of admissions teams in higher education has always been crucial, but it's becoming increasingly complex as institutions strive to enroll more students while managing limited resources. Traditional methods often leave admissions counselors bogged down with manual tasks, diverting their attention away from meaningful student interactions. Enter machine learning, a transformative technology that can significantly enhance decision-making and time management, boosting the overall efficiency of admissions operations.
Machine learning offers a game-changing solution by automating and optimizing various aspects of the admissions process. One of the most significant impacts is on the time management of admissions counselors. Studies show that counselors spend a significant portion of their time on data-related activities, which can be both time-consuming and monotonous. By integrating machine learning, these routine tasks can be automated, allowing counselors to reclaim over 30% of their time for more strategic activities.
For instance, machine learning models can sift through vast amounts of application data, identifying high-potential candidates based on behavioral patterns and engagement metrics. This automated analysis not only speeds up the process but also improves accuracy, ensuring that no promising student is overlooked. By highlighting the most relevant candidates, machine learning enables counselors to focus their efforts where they are needed most, enhancing the efficiency and effectiveness of their outreach.
Moreover, machine learning enhances decision-making by providing real-time insights and predictive analytics. Traditional methods often rely on historical data, which can quickly become outdated. In contrast, machine learning continuously processes new data, offering up-to-date insights that reflect the current enrollment landscape. This real-time analysis empowers admissions teams to make informed decisions swiftly, adapting their strategies to changing trends and student behaviors.
Another key benefit is the ability to personalize engagement with prospective students. Machine learning can analyze individual interactions and preferences, allowing admissions teams to tailor their communications and outreach efforts. Personalized emails, targeted follow-ups, and customized content resonate more with students, increasing their likelihood of enrolling. This targeted approach not only improves conversion rates but also enhances the overall student experience, making them feel valued and understood.
Furthermore, machine learning can identify and address potential issues before they escalate. For example, if a particular segment of students shows signs of disengagement, machine learning models can flag these patterns early, allowing admissions teams to intervene proactively. Timely interventions can significantly impact student decisions, turning potential drop-offs into successful enrollments.
The integration of machine learning also facilitates continuous improvement in admissions strategies. With each enrollment cycle, machine learning models learn and adapt, refining their predictions and recommendations. This iterative process ensures that admissions strategies remain effective and aligned with evolving student behaviors and institutional goals.
Ultimately, machine learning is a powerful tool that can revolutionize the efficiency and effectiveness of admissions operations. By automating routine tasks, providing real-time insights, and enabling personalized engagement, machine learning empowers admissions teams to make better decisions and manage their time more strategically. This not only improves enrollment outcomes but also creates a more dynamic and responsive admissions process. Embracing machine learning is essential for institutions looking to optimize their resources and stay competitive in the rapidly evolving landscape of higher education.
Boosting Admissions Efficiency with Machine Learning
August 29, 2024
min read
Do you know the moment a student actually decides they want to enroll at your institution?
There may be secret signals buried deep within your CRM that can help you figure out when it happens. A machine learning engine can learn to read those signals, and then apply them to your current applicants - giving you the best chance imaginable of spending your recruitment time on the right students today.
So yes, the data is in your CRM. But no, it's not just one last export that you need, and learning simple joins won't solve the problem.
The Moment A Student Decides
August 22, 2024
min read
Three Surprising Lessons College Admissions Teams Can Learn from Buc-ee's
Last week as I traveled with Brad Statland, enroll ml’s Director of Customer Success, to launch enroll ml with a new admissions team, we made an essential detour to Buc-ee's in Jonestown, Colorado. If you haven’t heard of Buc-ee's, it’s not just a roadside travel center—it’s a phenomenon. When the doors first opened in March, fans camped out overnight just to be first in line. This level of enthusiasm got me thinking: What is it about Buc-ee's that inspires such passion and loyalty to a travel center, and what can admissions teams learn from it?
As we walked through the massive 70,000-square-foot store, it became clear that Buc-ee's success isn’t just about size—it’s about creating an unforgettable experience. From the endless snacks, fresh BBQ and racks of Buc-ee's branded gear to the iconic Beaver Nuggets, Buc-ee's has mastered the art of turning ordinary moments into something extraordinary. And that’s exactly what we should be doing in admissions.
Here are three surprising lessons Buc-ee's can teach us about creating a more engaging, efficient, and memorable admissions process.
1. Speed and Access: Keep Things Moving
Buc-ee's is all about speed and efficiency. Whether you’re grabbing a quick snack or filling up the tank, everything is designed to keep you moving. This got me thinking about how we handle admissions. Students today expect the same kind of speed and ease when interacting with the admissions office. Are your processes streamlined? Do students have easy access to the information they need, when they need it? Are the processes moving forward with pace, or do they feel stalled? By ensuring your admissions process is fast and frictionless, you can make it easier for students to stay engaged and move forward in their journey - just as Buc-ee’s gets you in, fueled and geared up in their Beaver branded gear, and back out on the road.
2. Celebrate Every Milestone, No Matter How Small
At Buc-ee's, you can hear the call and response of “Saaauce on the board!” from anywhere in the store. And it gets your attention every time. What Buc-ee’s has figured out is that even something as simple as getting "sauce on the board" is a cause for celebration. It’s a small moment in the journey to convincing you to partake in a fresh brisket sandwich, but it’s recognized and shared with enthusiasm by the entire staff. We can take a page from Buc-ee's book here. Whether a student completes their application, sends in their test scores, or hits any other milestone in the admissions journey, it’s worth celebrating. A quick congratulatory email or a personalized note can create a positive touchpoint that encourages students to keep going. These small celebrations build momentum and make students feel seen and supported throughout the process.
3. What’s Your Beaver Nugget? Find Your Signature Offering
One of the most beloved items at Buc-ee's is the Beaver Nugget—a snack that’s so good, people make detours just to get their hands on it. We’d only seen Beaver Nuggets on Tik Tok - but Brad took the plunge and bought a bag… and we couldn’t stop eating them. Within 15 min of leaving Buc-ee’s we were already talking about stopping on the way back to pick up more Beaver Nuggets. So, what’s your institution’s "Beaver Nugget"? What’s that one thing that makes you stand out? It could be a unique academic program, an unbeatable campus culture, or a support service that no other school offers. Whatever it is, make sure it’s front and center in your messaging. Highlight what makes you different, and let prospective students know why they should make a detour to check out your school.
By applying these three lessons from Buc-ee's—speed and accessibility, celebrating milestones, and highlighting your unique offering—you can transform your admissions process into an engaging and memorable experience that attracts and retains students, just like Buc-ee's has captured the hearts of travelers.
Three Surprising Lessons College Admissions Teams Can Learn from Buc-ee's
August 18, 2024
min read
Staying ahead of the curve is crucial for institutions aiming to attract the best-fit students. Traditional enrollment strategies, which rely on historical data and static profiles, often struggle to keep up with the dynamic nature of student behavior. This is where the power of real-time data, driven by machine learning, comes into play, providing a significant competitive advantage for modern admissions teams.
Real-time data analysis allows admissions teams to respond promptly to changing enrollment environments. Unlike static data, which can quickly become outdated, real-time data offers a continuous stream of insights into student interactions and behaviors. This means admissions teams can make timely decisions based on the latest information, ensuring they are always one step ahead.
One of the primary benefits of real-time data is its ability to identify and engage with high-potential students more effectively. For example, machine learning models can analyze patterns in website visits, email interactions, and event attendance to pinpoint students who are most likely to enroll. This level of precision allows admissions teams to focus their efforts on students who show the highest potential, optimizing their outreach strategies and increasing their chances of success.
Moreover, real-time data empowers institutions to personalize their engagement with prospective students. By understanding the specific interests and behaviors of each student, admissions teams can tailor their communications to be more relevant and impactful. Personalized emails, timely follow-ups, and customized content can significantly enhance the student experience, making them feel valued and understood.
The ability to react quickly to real-time data also means that institutions can adapt to unexpected changes in the enrollment landscape. For instance, if a particular recruitment event sees a sudden surge in interest, admissions teams can immediately capitalize on this momentum by increasing their engagement efforts. Conversely, if a campaign is underperforming, they can quickly adjust their strategies to improve outcomes.
Real-time data analysis also improves the overall efficiency of admissions operations. By automating the monitoring and analysis of student behaviors, machine learning reduces the time and effort required for manual data processing. This not only frees up valuable time for admissions counselors to focus on high-impact activities but also ensures that decisions are based on the most accurate and up-to-date information available.
Of course, the insights gained from real-time data can enhance long-term strategic planning. Institutions can identify trends and patterns that inform their recruitment strategies, helping them to better allocate resources and improve future campaigns. This data-driven approach ensures that every decision is backed by solid evidence, leading to more effective and efficient enrollment management.
The integration of real-time data into enrollment strategies provides a competitive edge that traditional methods simply cannot match. By leveraging the power of machine learning to continuously monitor and analyze student behaviors, institutions can enhance their decision-making processes, personalize student engagement, and adapt quickly to changing circumstances. This innovative approach not only improves enrollment outcomes but also creates a more dynamic, responsive, and student-centered admissions process. Embracing real-time data is not just a technological upgrade; it's a strategic imperative for any institution looking to thrive in today's competitive higher education landscape.
Real-Time Data: The Real Competitive Edge
August 15, 2024
min read
In the recently released whitepaper, “Harnessing the Power of Machine Learning in Enrollment Management,” we identified high-level data insights from watching thousands of behavioral data elements among nearly a million students.
Enrollment management teams today face increasing pressure to attract and retain increasing numbers of high-fit students with limited resources. Traditional methods, such as top-of-the-funnel marketing and profile-based probability models, often fall short, leading to data overload and missed opportunities for meaningful student engagement.
At enroll ml, we know that artificial intelligence (AI), particularly machine learning (ML), offers a transformative potential to address these challenges. Our 2023 work-time study revealed that admissions teams spend over 30% of their time on data management, even with sophisticated CRM and predictive analytics systems in place. By automating data analysis, identifying high-potential students in real-time, and enabling more effective and efficient enrollment strategies, machine learning can significantly improve enrollment team efficiency, performance, and results.
Insights from Machine Learning
While the full whitepaper offers deeper context, there are three key breakthroughs that our machine learning engines have made available for enrollment leaders in 2024.
- Behavioral Tracking: The shift from simple if-then behavior tracking to complex pattern recognition captures nuanced and dynamic student behaviors, providing deeper insights into student engagement.
- Increased Precision: Quick identification and understanding of high-potential students through real-time behavioral pattern recognition enhance the accuracy of predictions.
- Enhanced Efficiency: Automating data tasks increases counselor capacity by up to 30%, allowing for more strategic use of time and resources.
These advancements demonstrate the critical role of behavioral-driven ML in modern enrollment management, offering early adopters a competitive edge. The insights and strategic recommendations outlined in our whitepaper can help higher education institutions enhance enrollment processes, optimize resources, and improve student engagement.
Conclusion
Machine learning has already demonstrated the power to transform enrollment management by providing real-time insights into student behaviors, increasing precision, and enhancing efficiency. Institutions that embrace these technologies early will be better positioned to meet future challenges and capitalize on emerging opportunities.For a deeper dive into how machine learning can revolutionize your enrollment management processes, download our full whitepaper, "Harnessing the Power of Machine Learning in Enrollment Management."
The Transformative Power of Machine Learning in Enrollment Management
August 12, 2024
Case studies
Illinois College saved counselors 500 hours annually and achieved double-digit growth in enrollment over three years with enroll ml, which was instrumental in optimizing admissions processes, reducing biases, and driving more strategic student engagement.
Edgewood College achieved a 25% increase in enrollment and a 30% boost in counselor productivity over two years with enroll ml, which was instrumental in optimizing middle-of-the-funnel efforts and enabling more strategic, personalized student engagement.
Enroll ml saves me an immense amount of time - and directs the team’s focus with more precision than I ever could have with the contemporary tools and techniques.
Vice President of Admissions
Within 3 weeks of using enroll ml, the admissions team’s morale rose to the highest I’ve ever seen it.
Director of Recruiting
On day 3 of using enroll ml it identified 3 highly engaged students who were completely off of our radar - and we promptly reached out to them and enrolled all three.
Director of Recruiting
I kept my eye on enroll ml for over a year - and when I moved into my new position and began an enrollment team transformation, I brought enroll ml right in.
Vice President Admissions
I asked my Director if we really needed to renew enroll ml, and his response was “Are you kidding me?! We’re big fans.
Vice President of Marketing and Admissions
Enroll ml was so impactful so quickly for our adult / online population that we immediately deployed a 2nd engine for our traditional undergrad.
Vice President, Admissions
Enroll ml seemed too good to be true - but it was everything that they said, and more.
Vice President for Enrollment Management
We challenged enroll ml to help us reduce our melt rate - and it delivered.
Executive Director of Undergraduate Admissions
Enroll ml was the foundation that guided our team to beat our enrollment objectives for the first time in 3 years.
Director of Recruiting
Enroll ml saves me an immense amount of time - and directs the team’s focus with more precision than I ever could have with the contemporary tools and techniques.
Vice President of Admissions
Within 3 weeks of using enroll ml, the admissions team’s morale rose to the highest I’ve ever seen it.
Director of Recruiting
On day 3 of using enroll ml it identified 3 highly engaged students who were completely off of our radar - and we promptly reached out to them and enrolled all three.
Director of Recruiting
I kept my eye on enroll ml for over a year - and when I moved into my new position and began an enrollment team transformation, I brought enroll ml right in.
Vice President Admissions
I asked my Director if we really needed to renew enroll ml, and his response was “Are you kidding me?! We’re big fans.
Vice President of Marketing and Admissions
Enroll ml was so impactful so quickly for our adult / online population that we immediately deployed a 2nd engine for our traditional undergrad.
Vice President, Admissions
Enroll ml seemed too good to be true - but it was everything that they said, and more.
Vice President for Enrollment Management
We challenged enroll ml to help us reduce our melt rate - and it delivered.
Executive Director of Undergraduate Admissions
Enroll ml was the foundation that guided our team to beat our enrollment objectives for the first time in 3 years.
Director of Recruiting