Is your school in the know? Read on to find out!
On an
average month, our sales department here at ChampionsWay is in contact with 8 to 10 thousand
schools.
For some
reason most of the schools we are in contact with have reported an
increase in enrollment this year compared with the 2004.
There
are many factors that can contribute to this as each school deals
with its own set of challenges whether it is the school's location,
competitors, surrounding demographics, or the overall economy.
Regardless, if we always know the answers to some key questions, we
will have a better chance at discovering how we can accelerate
towards our school's goals.
Here is
the first set of questions we must know the answers to:
1a) How many people called this month requesting more information
about our school?
1b) Was this more or less than during the same month last year?
2a) What advertising/marketing sources are generating these calls
(how many called from yellow page ad, referral, buddy day etc.)?
2b) What was our cost per/call
for each advertising source?
3a) What percentage of these calls did we transform into
introductory lessons?
3b) What percentage of the
introductory appointments are not showing up for their lesson?
4) What percentage of the introductory appointments are
transforming into enrollments?
5a) Which students in our school are attending 80% or more of
their classes?
5b) Have we approached them to provide any referrals
lately?
Knowing
the answers to these questions is key in
order to make effective decisions and grow your business without
investing too much money to do so.
You will find it very difficult to regularly generate these statistics
without ChampionsWay solutions.
Beyond
making the right decisions to bring students in, we also have to
make the right decisions to keep them coming. Knowing the answers to
the following questions will give our student retention a big boost:
1a) How many times per/month are our students coming to
class on average? 1b) Which students are attending 50% or less than this figure?
2a) What is the average amount of time students train at each
rank? 2b) Which students are beyond the average time to pass their current rank?
3) If we have more than one instructor, whom is the
instructor of students resulting from questions 1b and 2b?
It has been said many times
before –our schools will not grow if our back door is as wide open
as our front. Again, ChampionsWay Solutions will make it easy for you to keep your school "in the
know" as the front-desk program produces automatic reports based on
these statistics. |