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How can CX Analytics solve fundraising problems?

Gustavo Goncalves
Gustavo Goncalves

Mar 15, 2024

How can CX Analytics solve fundraising problems?

To make the student recruitment in your Educational Institution it is necessary to invest in a good strategy that combines Inbound Marketing and Outbound Marketing actions. Although the fields are complementary, each of them requires a different perspective to speak to their personas (fictional character who represents their typical students).

Despite this, the two share the same point: Customer Experience (CX), or Customer Experience. When carrying out CX Analytics work (Customer Experience analysis), your team identifies investment possibilities and actions that must be taken to improve the impact of attracting students.

What you will see in the post:

What is Customer Experience?

How does Customer Experience Analytics work?

How does CX Analytics collect data?

Customer Effort Score (CES);

Customer Satisfaction Score (CSAT);

Net Promoter Score (NPS);

Churn Rate;

How does CX Analytics help Educational Marketing?

Continue reading and understand more about this subject!

What is Customer Experience?

Customer Experience, CX or Customer Experience is the terminology adopted to talk about the relationship that people have with a certain brand across all its points of contact (campuses, billboards, advertisements, content production, webinars, emails, etc.).

And here it is important to make a distinction that is more specific to Educational Institutions: we are talking about the experience of a client, not a consumer.

The consumer is the person who makes decisions based on price and cost-benefit. On the other hand, the customer is the one who consumes the products and services of a particular brand.to sympathize and have had good purchasing experiences previously — in the case ofEducational institution, having had a good experience taking a course, for example.

How does Customer Experience Analytics work?

Knowing this, it is easy to understand what Customer Experience Analytics is: it is the collection and analysis of data about the experiences that customers (or students) have when interacting with the brand.

In other words, CX Analytics is nothing more than a survey of the relationship that you, as a brand, have created and nurtured with each of the people who consume, or have consumed, a product or service offered by your company.Educational institution.

How does CX Analytics collect data?

To carry out an analysis, the first step is to collect the data, correct? But… How is this done in the case of customer experience? Is it possible to measure the relationship that your students have with the brand of your Educational Institution?

Yes! There are some metrics that can be evaluated and provide an excellent basis for understanding what are the main points of attention and improvement that your brand should have.

See some of them!

Customer Effort Score (CES)

In free translation, Customer Effort Score means Customer Effort Index. This metric is used to identify how much effort a customer needs to exert to be able to perform a certain action.

Is registration for your courses simplified or do people have difficulty in the registration process? Is your student service efficient or does bureaucracy cause slowness? These are some questions that can be answered with this indicator.


Customer Satisfaction Score (CSAT)

CSAT is the metric that evaluates your students' satisfaction with the brand, campus, course, service offered, extracurricular opportunities and other services at your Educational Institution.

This CX assessment methodology is simple and helps you identify how well your brand's work is being done at points of contact with students.

Net Promoter Score (NPS)

NPS is, without a doubt, one of the best-known metrics when it comes to CX. It was created by Fred Reichheld and is used to measure the degree of loyalty that customers have with a given company.

It is this methodology that allows your team to divide your students into three large groups:

  • detractors — people who criticize yourEducational institution and they say that their life got worse after the relationship with the brand;
  • neutral — they just have the necessary relationship and probably do not intend to take a new course in theirEducational institution;
  • promoters — people who say they have a better life afterstart to relate to your brand. They recommend your services and are loyal customers.

Churn Rate

Chrun Rate is another well-known metric. It serves to identify a company's customer turnover, and helps to understand how much revenue is lost due to the breakdown of relationships with people who use the service offered.

When well designed, this metric can identify the main reasons for dropping out of a course, critical periods, average Churn expectation by student age or demographics, etc.

CX Analytics

How does CX Analytics help Educational Marketing?

All the metrics we have mentioned so far are used to understand how your students’ relationship is with your company.Educational institution. And this is the great point of CX Analytics: identifying strengths and points for improvement.

By observing the perceptions that students have about your brand and obtaining the necessary insights, it is time to create focused and personalized strategies to reduce each of the points that deserve attention.

This may seem a little strange, since the initial focus seems to only target those who are already enrolled, but that's not the case. By improving the experience of its current students, the brand creates a new image. This brand work is extended to other points of contact, including the content yourEducational institution produces advertisements, tests, events and the like.

Added to this, there is also the possibility for students to begin to have a more positive relationship with theirEducational institution, which generates satisfaction, retention and indications.

This way, your team can use CX Analytics to create a data-driven action plan and make informed decisions. This reduces the chance of errors and ensures more efficient results for theEducational institution, in addition to improving what your students actually consider important.

To complement this reading, we have a suggestion. See our text that explains what Customer Journey Analytics is and understand the applications of this concept.

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Technologies we use

The world changes all the time and technology is no different! Here at Mkt4Edu, technology is in our DNA, we work with many different softwares to make the whole process of automation and artificial intelligence work more efficiently and achieve more results.

Here, new softwares are tested all the time. Modern tools and new functionalities are tested all the time, there were already more than 200 tests so you can have the best result in your institution.

From customer acquisition to retention: Mkt4edu can make the difference in your marketing operation.


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