More than three weeks into what's now the longest federal government shutdown in history, school district officials are making plans to cope with the impacts on students, families, and their own operations should it drag on.
Tools to Improve Your Marketing Results
Based on our quarterly survey, most school marketers would say that the most effective media for growing revenues are sales representatives and direct mail. Fielding a sales force and creating direct mail campaigns are expensive propositions. Today, we have available to us a number of tools to improve our chances to have a successful return on investment from our marketing efforts. For many school marketers these tools are unknown, misunderstood, or more importantly, underutilized.
More on Forecasting
Accurate forecasts are important to running a business efficiently. If your forecast is too high, more money is invested in having products (or services) available to meet the anticipated demand than is necessary, reducing the company’s profitability. On the other hand, if the forecast is too low, there is not enough product (or service staff) to fulfill orders resulting in delayed shipments, cancelled orders and unhappy customers, again affecting the company’s profitability. Yet, forecasting can be challenging, especially in the education market. Here are some thoughts that might make forecasting for your company a little easier.