Building successful and scalable online programs is a complex challenge that requires extensive resources and dedicated expertise. It all starts with superior research and analysis, the data-driven basis for Bisk’s extraordinary record of creating profitable programs and market leaders.
With over fifteen years experience working with traditional ground-based universities to develop successful online strategies, Bisk has developed a comprehensive 360° value chain analysis process that will assist you in determining institutional readiness as well as identifying marketability of specific programs. Our RAMP® Methodology leverages proprietary research, our exclusive access to unique U.S. News & World Report market demand data and a variety of public sources such as the U.S. Department of Education and U.S. Department of Labor. After conducting a thorough analysis, we then provide detailed recommendations on the steps necessary to create and launch your online program.
Technology, faculty and support function staffing are among the pivotal issues you must consider when building a scalable online program. Do you have adequate infrastructure and resources for long-term enrollment growth? Do your policies, procedures and funding levels support changes in staff requirements? Which university departments are accepting of online learning and which require special attention in order to come on board? Our in-depth feasibility review helps identify these and other critical questions that presidents, provosts, deans, administrators and faculty will want answered.
A number of important assessments are required to determine potential degree or certificate demand and priority for program development. Do you have the staff, access to industry data, and baseline knowledge to develop accurate enrollment and revenue projections? On what information will you base program pricing? What are the most successful formats that drive corporate enrollments? How do you plan to address market segmentation, and application and admission requirements? Turn to the experts at Bisk for the solutions you need.
Due to the high cost of marketing and demand generation, online programs are heavily dependent on understanding key performance metrics. Do you have the expertise to measure and analyze workforce costs? What about cost per acquisition and cost per lead? What are the benchmark metrics that make for a profitable program? What are your capabilities for interpreting and evaluating re-enrollment and persistence rates? We present detailed data in a clear and concise way to ensure you make the best decisions.
The best data and forecasts in the world are only as good as the actionable recommendations that accompany them. Working together with your university, Bisk leverages the comprehensive evaluations and assessments developed during your RAMP® analysis to present a step-by-step roadmap for successful online program design and implementation. At Bisk, planning is an active process in which you are engaged every step of the way. From program development to training for staff to quarterly performance reviews, collaboration is an essential part of the Bisk relationship.